Assessing monetary policy in Norway

Harald Magnus Andreassen; Paul De Grauwe; Haakon Solheim; Øystein Thøgersen

We evaluate the policy of flexible inflation targeting implemented by the Norges Bank since March 2001. We discuss the reasons why the real interest rates are significantly higher in Norway than in the rest of Europe. Finally we propose some institutional changes that can improve the policy making process.

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Year of publication:	2001
Authors:	Andreassen, Harald Magnus ; De Grauwe, Paul ; Solheim, Haakon ; Thøgersen, Øystein
Publisher:	München : CESifo
Subject:	Geldpolitik \| Monetary policy \| Norwegen \| Norway \| Wirkungsanalyse \| Impact assessment \| Inflationssteuerung \| Inflation targeting \| Realzins \| Real interest rate \| Institutionenökonomik \| Institutional economics

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Extent:	Online-Ressource (45 S.) graph. Darst.
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 608
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: PDF Reader
Other identifiers:	hdl:10419/76094 [Handle]
Classification:	E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011408405