Discussion notes
The Discussion Note series provides analysis which may form relevant background for Norges Bank Investment Management’s investment strategy and advice to the asset owner. Any views expressed in the Discussion Notes are not necessarily held by our organisation. The series is written by employees, and is informed by our investment research and our experience as a large, long-term asset manager.
2023
2021
2017
2016
2015
2014
2012
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The Value Effect
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Modelling the implied tail risk of foreign exchange
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Corporate governance
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Well-functioning financial markets
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A Survey of the Small-firm Effect
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Board appointment practices - an international overview
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Risks and Rewards of Inflation-Linked Bonds
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The Structure of Inflation-Linked Bond Markets
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Capturing Systematic Risk Premia
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Alternatives to a Market-value-weighted Index
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Risks and Rewards in Emerging Equity Markets
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Economic Growth and Equity Returns
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The History of Rebalancing of the Fund
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Empirical Analysis of Rebalancing Strategies
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Return Predictability and Implications
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Time-varying expected returns and investor