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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