An analysis of the relationship between households’ debt and the interest rate
dc.contributor.advisor | Åkerman | |
dc.contributor.advisor | Anders | |
dc.contributor.author | Wessel | |
dc.contributor.author | Lisa | |
dc.date.accessioned | 2022-08-09T15:51:32Z | |
dc.date.available | 2022-08-09T15:51:32Z | |
dc.date.issued | 2022 | |
dc.identifier | no.uis:inspera:113704249:59377599 | |
dc.identifier.uri | https://hdl.handle.net/11250/3010900 | |
dc.description | Full text not available | |
dc.description.abstract | This paper examines how monetary policy in Norway affects householders' debt in the long and short run by adjusting the key policy rate, included as the three-month Nibor. By applying the Vector Error Correction Model (VECM) through time series using data from 2005 to 2022 with endogenous variables such as; Consumer Price Index (CPI), three-month Nibor, house prices, exchange rate and householders' debt. The VECM finds significant results for a longterm relationship between householders’ debt and interest rate. However, the paper fails to confirm a significant relationship in the short term which is not aligned with theory and previous research papers. | |
dc.description.abstract | ||
dc.language | eng | |
dc.publisher | uis | |
dc.title | An analysis of the relationship between households’ debt and the interest rate | |
dc.type | Master thesis |
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Studentoppgaver (Business) [1035]
Master- og bacheloroppgaver i økonomi / finans / regnskap og revisjon