• Monetary policy when export revenues drop 

      Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (Peer reviewed; Journal article, 2023)
      We study how monetary policy should respond to shocks that permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ...
    • Natural Disasters, Economic Growth and Armed Civil Conflict 

      Bergholt, Drago (Master thesis, 2010)
      Catastrophes such as floods, droughts and earthquakes have caused significant human and infrastructural losses throughout history. Nevertheless, researchers struggle to quantify macroeconomic impacts, and the existing ...