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On the basis of data from the Historical Monetary Statistics-project by Norges Bank, the present paper serves a threefold purpose. In the first place it gives an overview of financial crisis in Norway from her independence from Denmark in 1814 till present times. Secondly, historical business...
Persistent link: https://www.econbiz.de/10009391593
By drawing on information from public accounts from the nineteenth and twentieth century the present paper aims at mapping the development of key financial indicators for the Norwegian central government sector. It concludes that growth in the size of this sector often, but clearly not always,...
Persistent link: https://www.econbiz.de/10010775186
According to a Keynesian view, short term output fluctuations are normally demand side led. Since prices reflect demand, they should mirror output fluctuations. Thus, prices and output are expected to move in the same direction in the short run. The present paper investigates the historical...
Persistent link: https://www.econbiz.de/10008514717
In the 1870s the three Scandinavian countries Denmark, Norway and Sweden formed the Scandinavian Currency Union. Both the adoption of gold and the monetary union were supposed to lead to price stability in and between these countries. By drawing on new indices of consumer prices the present...
Persistent link: https://www.econbiz.de/10008514720
Persistent link: https://www.econbiz.de/10005406815
On the basis of availabale sources the present paper seeks to map entrepreneural industrial activities the Norwegian puritan revivalist Hans Nielsen Hauge (1771-1824) was involved in and quantify his financial activities. It also tries to map entrepreneural activities by his followers. The paper...
Persistent link: https://www.econbiz.de/10010539867