The Norwegian Banking Crisis

By Karsten R. Gerdrup, T. Moe, H. Moen, Knut Sandal, C. Schwierz, John A. Solheim, Erling Steigum, Bent Vale, Hans Petter Wilse. 2004

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The role of house prices in the monetary policy transmission mechanism in small open economies (2010, background): “6 The countries also have a rather similar history, as Norway and Sweden experienced a rather sudden change from tight and rationed to easy credit in the mid-1980s (Englund, 1999; Vale, 2004), while the UK deregulation process culminated in 1986 (Iacoviello and Minetti, 2003).”
Self-reinforcing effects between housing prices and credit: an extended version (2013, background): “The problems facing the banking sector when the bubble burst became immense (Vale, 2004).”
The Use of Blanket Guarantees in Banking Crises (2008, background): “6 More details about the handling of bank failures in Norway prior to the systemic crisis can be found in Thorvald et al. (2004) .”