Norway: Selected Issues

Publication Date:

June 14, 2005

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper analyzes inflation in Norway with a view to shedding light on this surprising development and the possible near-term course of inflation, using statistical and econometric analyses. The paper reviews recent developments of monetary policy and inflation in Norway, applies statistical and econometric tools to identify factors influencing inflation, and describes the implications of the analysis for policymaking. Using data for six advanced small open economies explicitly targeting inflation, the paper examines empirically whether deviations of the exchange rate from their equilibrium levels systematically affect the conduct of monetary policy.

Series:

Country Report No. 2005/197

Subject:

English

Publication Date:

June 14, 2005

ISBN/ISSN:

9781451829778/1934-7685

Stock No:

1NOREA2005002

Pages:

56

Please address any questions about this title to publications@imf.org