Record increase in payment remarks: A red flag for Norwegian firms?

This staff memo documents a detailed analysis of the payment remark database to better understand whether the recent increase in payment remarks signals an impending wave of bankruptcies. We find that the number of high-bankruptcy-risk firms is growing in proportion to the total number of firms with remarks. This suggests that the recent increase in payment remarks is likely to predict a proportional rise in bankruptcies and should therefore be closely monitored.

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Year of publication:	2024
Authors:	Hjelseth, Ida Nervik ; Liaudinskas, Karolis
Publisher:	Oslo : Norges Bank

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Series:	Staff Memo ; 9/2024
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
ISBN:	978-82-8379-344-4
Other identifiers:	1914564367 [GVK] hdl:10419/310425 [Handle] hdl:11250/3170207 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10015195405