Norges Bank

Steering committee representative: 

The research expertise at Norges Bank reflects the need to ensure a sound basis for decision making in the areas of monetary policy and financial stability. It is Norges Bank's objective to engage in research which is publishable in refereed academic journals.  Research is focused on monetary policy and financial stability issues. Monetary policy research focuses in particular on the functioning of the Norwegian economy, its response to international shocks especially oil prices, and monetary policy regimes and strategy. Research on financial stability focuses on asset markets, the behaviour of financial institutions and their response to monetary and regulatory policies.

Recent papers:

  • "Bubbles and crises: The role of house prices and credit" (2015), A. Anundsen, K. Gerdrup, F. Hansen and K. Kragh-Sørensen, Journal of Applied Econometrics, forthcoming.

  • "Mismatch shocks and unemployment during the Great Recession" (2015), F. Furlanetto and N. Groshenny, Journal of Applied Econometrics, forthcoming.

  • "Social capital and the viability of stakeholder-oriented firms: Evidence from Norwegian savings banks" (2015), C. Østergaard, I. Schindele and B. Vale, Review of Finance, forthcoming

Events and Seminars:

Click here for information about the seminars and here for the upcoming conferences.


Rethinking Inflation Targeting: New Directions for Monetary Policy

08/09/2016 to 09/09/2016

We invite submissions of research papers on current challenges for monetary policy authorities.

1st Banque de France – Norges Bank Workshop in Empirical Macroeconomics

Banque de France, Paris


Banque de France and Norges Bank are co-organizing an “Empirical Macroeconomics” workshop in Paris

on April, Friday 22nd 2016.


The purpose of the 1st Banque de France – Norges Bank Workshop in Empirical Macroeconomics is to bring together researchers from central banks and academics
interested in recent developments in analyses and models of macroeconomic fluctuations.


April 21, 2016

Housing and Household finance

28/08/2017 to 29/08/2017
Norge Bank, Oslo

​The role of the housing market and household indebtedness in affecting financial stability and the wider economy is at the forefront of discussions in policy institutions and in academia. The purchase of a home is the largest investment most individuals make during their lifetime and changes in households’ home equity may have distributional consequences. Much ground is not covered and key questions remain unanswered regarding the role housing plays in the macroeconomy. Access to large and detailed micro data may sharpen our understanding of these issues.

May 15, 2017

23rd Central Bank Macroeconomic Modelling Workshop - Norges Bank

06/10/2020 to 08/10/2020
Zoom meetings

This annual workshop aims to give policymakers and academics the opportunity to discuss issues related to the class of models used for policy analysis. 

This year’s workshop "Microeconomic Perspectives in Macroeconomic Modelling" focuses on the importance of micro-based models and micro level data in informing policy decisions. Professor Benjamin Moll (LSE) and Professor Ayşegül Sahin (UT Austin) have agreed to act as keynote speakers.

May 31, 2020

Women in Central Banking

Norges Bank

The aim of this one-day workshop is to provide a platform for young female PhD students working in topics relevant for central banks to present and receive feedback on their work.

The workshop will foster the interaction among conference attendance, presenters and senior economists working in central banks, providing ample opportunity for discussions and networking. Each paper will be assigned a discussant.

September 15, 2023