Knut Are Aastveit

Deputy Director of Norges Bank Research

Contact:

Tel.: +47 22 31 61 21
E-mail: knut-are.aastveit@norges-bank.no

Norges Bank
Bankplassen 2
P.O. Box 1179 Sentrum
0107 Oslo
Norway

Research interests

Applied macroeconomics, housing market, oil market, time-series econometrics and forecasting

CV (PDF, 80.7 Kb)

Knut Are Aastveit is the Deputy Director of Norges Bank Research. He obtained his Ph.D. at the University of Oslo in 2010.

Major policy related project: SAM

Journals

Economic Uncertainty and the Influence of Monetary Policy (joint with Gisle J. Natvik and Sergio Sola). Journal of International  Money and Finance 76, 50-67, 2017

Have Standard VARs Remained Stable Since the Crisis? (joint with Andrea Carriero, Todd Clark and Massimiliano Marcellino). Journal of Applied Econometrics 32(5), 931-951, 2017.

Density forecasts with MIDAS models (joint with Claudia Foroni and Francesco Ravazzolo). Journal of Applied Econometrics 32 ( 4), 783-801, 2017.

Combined Density Nowcasting in an Uncertain Economic Environment (joint with Francesco Ravazzolo and Herman van Dijk). Journal of Business & Economic Statistics, forthcoming.

Identification and real-time forecasting of Norwegian business cycles (joint with Anne Sofie Jore and Francesco Ravazzolo). International Journal of Forecasting 32(2), 283-292, 2016.

The world is not enough! Small open economies and regional dependence (joint with Hilde C. Bjørnland and Leif Anders Thorsrud). Scandinavian Journal of Economics 118(1), 168-195, 2016.

What drives oil prices? Emerging versus developed economies (joint with Hilde C. Bjørnland and Leif Anders Thorsrud). Journal of Applied Econometrics 30(7), 1013-1028, 2015.

Oil price shocks in a data-rich environment. Energy Economics 45(C): 268-279, 2014.

Discussion of: Forecasting with factor-augmented error correction models. International Journal of Forecasting 30(3), 613-615, 2014.

Nowcasting GDP in Real-Time: A Density Combination Approach (joint with Karsten R. Gerdrup, Anne Sofie Jore and Leif Anders Thorsrud). Journal of Business & Economic Statistics 32(1), 48-68, 2014.

Estimating the Output Gap in Real Time: A Factor Model Approach (joint with Tørres G. Trovik). Quarterly Review of Economics and Finance 54(2), 180-193, 2014.

 

 

 

 Working papers

Has the Fed Responded to House and Stock Prices? A Time-Varying Analysis (joint with Francesco Furlanetto and Francesca Loria). Submitted

 Work in progress

  • Asymmetric effects of monetary policy in regional housing markets (joint with Andrè K. Anundsen)

  • Residential construction activity and recession predictability (joint with Andrè K. Anundsen and Eyo Herstad)

Removing the property ladder? The effects of loan-to-value limits on the housing market (joint with  Andrè K. Anundsen, Benjamin Beckers and Kjersti Næss Torstensen)

  • Time-varying Uncertainty and Exchange Rate Predictability (joint with Francesco Ravazzolo and Herman van Dijk)

Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting (joint with Kenichiro McAlinn, Jouchi Nakajima and Mike West)

On the Dynamics of Investment and Production in the Oil Sector (joint with Rabah Arezki and Akito Matsumoto)

  • Oil news shocks, OPEC response and the macroeconomy (joint with Rabah Arezki and Akito Matsumoto)

 

Published 8 February 2011 17:14