The financial sector and its regulators have an obligation to explore the use of Artificial Intelligence (AI) and machine learning. These technologies hold the potential of sharpening business processes and improving the resiliency of both individual financial institutions and the financial...

House prices increased considerably in Denmark during the pandemic, while consumption remained moderate. This memo explores the nature of the muted consumption response based on a unique data set with estimates of the value of almost all single- and multi-family houses in Denmark obtained from a...

We assess the solidity and debt servicing capacity of Danish homeowners by simulating the impact on household budgets of inflation, rising interest rates and a potential unemployment shock, and calculating the remaining economic margin. A negative economic margins means the household would not...

Rising mortgage rates have led to one in five Danish fixed-rate mortgages to be refinanced during the first three quarters of 2022. The unique Danish match-funding principle has allowed fixed rate mortgage borrowers to buy back their existing mortgages at a 18 per cent discount, on average. 62...

While the pandemic initially halted the ongoing upswing of the Danish labour market and reduced employment substantially, the recovery has taken place at an unprecedented pace, which inevitably has led to substantial pressure on the labour market. Transitory pandemic-related labour demand can...