Norway: Selected Issues
Electronic Access:
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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:
Consumer price indexes Foreign exchange Import prices Inflation Inflation targeting Monetary policy Prices Real exchange rates
English
Publication Date:
June 14, 2005
ISBN/ISSN:
9781451829778/1934-7685
Stock No:
1NOREA2005002
Pages:
56
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