We investigate whether information from news articles could improve predictions of house price inflation at a short forecast horizon. The Covid-19 pandemic led to a shutdown of the Norwegian economy on March 12th 2020. Large economic fluctuations posed challenges for models used to forecast...

Housing affordability can have an impact on housing demand. We analyse housing affordability by measuring the distribution of selling prices in the housing market against the distribution of household capacity to debt-finance a home. The latter is calculated based on household debt-servicing...

We introduce a simple new hypothesis testing procedure, which, based on an independent sample drawn from a certain density, detects which of $k$ nominal densities is the true density is closest to, under the total variation (L_{1}) distance. We obtain a density-free uniform exponential bound for...

We investigate whether information from news articles could improve predictions of house price inflation at a short forecast horizon. The Covid-19 pandemic led to a shutdown of the Norwegian economy on March 12th 2020. Large economic fluctuations posed challenges for models used to forecast...