Norway: Selected Issues

June 14, 2005

Preview Citation

Format: Chicago

Norway: Selected Issues, (USA: International Monetary Fund, 2005) accessed December 26, 2024

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.

Subject: Consumer price indexes, Foreign exchange, Import prices, Inflation, Inflation targeting, Monetary policy, Prices, Real exchange rates

Keywords: Australia and New Zealand, Consumer price indexes, CR, Europe, Global, Headline inflation, Import price, Import prices, Import prices, Inflation, Inflation targeting, Inflation targeting framework, Inflation targeting regime, Interest rate rule, ISCR, Middle East, Real exchange rates

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/197
Stock No:

1NOREA2005002
ISBN:

9781451829778
ISSN:

1934-7685

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