|
|
|
|
|
|
Author/Editor:
|
Soikkeli, Jarkko
|
|
|
|
|
|
Publication Date:
|
November 01, 2002
|
|
|
|
Electronic Access:
|
Free Full text
(PDF file size is 1,143KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
|
|
|
|
|
Summary:
Norway adopted an inflation targeting framework in early 2001, thus concluding its gradual but consistent move toward greater exchange rate flexibility. This paper assesses the institutional and technical design of the framework, as well as its potential implications for the practical implementation of monetary policy against the experience from selected industrial countries that had adopted inflation targeting frameworks prior to Norway. Norway's role as a commodity exporter exposed to large terms of trade shocks, and the possible consequences of newly introduced fiscal guidelines are also discussed.
|
|
|
|
|
|
|
|
Series:
|
Working Paper No. 02/184
|
|
|
|
|
|
Subject(s):
|
Inflation targeting | Norway | Monetary policy | Exchange rates
|
|
|
Author's Keyword(s):
|
Inflation targeting monetary policy | exchange rates |
|
|
|
|
|
|
|
|
|
|
English
|
|
|
|
|
|
|
Publication Date:
|
November 01, 2002
|
|
|
|
|
ISBN/ISSN:
|
1934-7073
|
|
Format:
|
Paper
|
|
Stock No:
|
WPIEA1842002
|
|
Pages:
|
29
|
|
Price:
|
|
|
|
US$15.00 )
|
|
|
|
|
|
|
|
|
Please address any questions about this title to
publications@imf.org
|
|
|
