Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/310425 
Year of Publication: 
2024
Series/Report no.: 
Staff Memo No. 9/2024
Publisher: 
Norges Bank, Oslo
Abstract: 
This staff memo documents a detailed analysis of the payment remark database to better understand whether the recent increase in payment remarks signals an impending wave of bankruptcies. We find that the number of high-bankruptcy-risk firms is growing in proportion to the total number of firms with remarks. This suggests that the recent increase in payment remarks is likely to predict a proportional rise in bankruptcies and should therefore be closely monitored.
Persistent Identifier of the first edition: 
ISBN: 
978-82-8379-344-4
Creative Commons License: 
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Document Type: 
Research Report
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