Consultancy, models and training
10+ years of Experience
Close dialogue with model users
A foundation in research
Forecasting and analysis
Normetrics’ aims and scope :
Purpose driven analysis, forecasting and training — trough interaction with clients and partners.
Methodology and practice
Normetrics builds on econometric methodology – It is the basis for econometrics as a practical discipline.
Purpose driven concultancy
Normetrics projects often use NAM as a main tool, but we also purpose build econometric models together with clients.
Customers and Partners:
KLP
NHO
LO
Finanstilsynet
Samfunnsøkonomisk Analyse
Product spotlight
Norwegian Aggregate Model (NAM)
NAM is our proprietary model that aids decision makers and analysts to quantify complex economic relationships, forecast the macroeconomy and visualize alternative scenarios.
Features & benefits
Data visualization
Quarterly model of the Norwegian Macroeconomy. Documented, evolving, accessible and adaptive to user purposes.
Tailored to client needs
GDP supply and demand components . Climate gas emissions . Wage and price setting. Housing market. Interest rates, credit and financial balances
Provides better insights for financial priorities
Research based and driven, used in applied research projects.
Learn More About NAM
Normetrics is an interface to research and consulting work based on econometric modelling.
In particular to the development and use of the Norwegian Aggregate Model (NAM).
News and posts
Econometric modelling of public health and the economy: COVID-19 in Norway
Amund H. Kordt, Ragnar Nymoen, Bilal Sali and Ragnar Nymoen This article was published in…
U.S.Wage-Price Dynamics, Before, During and After COVID-19, Through the Lens of an Empirical Econometric Model
We specify a multiple-equation model with equilibrium-correction terms, which connect inflation to the wage share…
Dynamic time series modelling and forecasting of COVID-19 in Norway
A framework for forecasting new COVID-19 cases jointly with hospital admissions and hospital beds with…
Wage inequality and union membership
In a new article in Oxford Economic Papers, by Elin Svartstad and Ragnar Nymoen, the…
Economic Covid-19 effects analysed by macro econometric models—the case of Norway
Counterfactual analysis of the impact of Covid-19 can be based on a solution of a…
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models
The non-causal (“forward-looking”) solution used routinely in academic macroeconomics may represent a violation of a…
The methodological stepping stone: Dynamic econometrics for empirical macroeconomic modelling.
In this textbook, written for master and PhD students of economics and econometrics, the duality between the
equilibirum concept used in dynamic economic theory and stationarity of economi time series isused in
the presentation of single equation models as well as VARs, recursive models and simultaneous equation models.
Welcome to Normetrics – for consultancy about model based analysis and forecasting projects, as well as tailored courses in time series econometrics.
Ragnar Nymoen
Model building, maintenance and documentation, CEO
Connect with us
+47 979 70 248
ragnar.nymoen@normetrics.no