Add to ORKGAccording to a Keynesian view, short term output fluctuations are normally demand side led. Since prices reflect demand, they should mirror output fluctuations. Thus, prices and output are expected to move in the same direction in the short run. The present paper investigates the historical co-movements of output and prices for a small open raw material based economy, in this case Norway 1830-2006. We find little evidence of a positive relationship. On the contrary, we rather find negative correlations between the two variables, indicating that supply side shocks through the foreign sector were more important for historical business cycles in Norway than assumed hitherto.publishedVersio
In this paper we investigate the formation of Norwegian import prices of manufactures over the perio...
This paper analyses stylised facts regarding business cycles in Norway. We examine the empirical rel...
This study reports the outcome of an effort to collect market price data for Norway with a view to c...
According to a Keynesian view, short term output fluctuations are normally demand side led. Since pr...
One assumption behind inflation targeting as objective for monetary policy is that inflation rates i...
One assumption behind inflation targeting as objective for monetary policy is that inflation rates i...
According to a Keynesian view, short term output fluctuations are normally demand side led. Since pr...
This thesis explains how inflation targeting as an objective for monetary policy, to some extent, re...
Within the framework of Keynesian economic theory it is widely taken for granted that short term out...
We characterise the behaviour of Norwegian output, the real exchange rate and real money balances ov...
This thesis contains an empirical investigation of several models of Norwegian inflation estimated o...
This paper analyses the role of real and nominal shocks in explaining business cycles in a small ope...
Based on the methodology developed by Hodrick & Prescott (1980), it is shown that monetary activity ...
This thesis seeks to contribute to the historical national accounting and economic history environme...
We have only limited knowledge about how Norwegian producers change their prices. The aim of this th...
In this paper we investigate the formation of Norwegian import prices of manufactures over the perio...
This paper analyses stylised facts regarding business cycles in Norway. We examine the empirical rel...
This study reports the outcome of an effort to collect market price data for Norway with a view to c...
According to a Keynesian view, short term output fluctuations are normally demand side led. Since pr...
One assumption behind inflation targeting as objective for monetary policy is that inflation rates i...
One assumption behind inflation targeting as objective for monetary policy is that inflation rates i...
According to a Keynesian view, short term output fluctuations are normally demand side led. Since pr...
This thesis explains how inflation targeting as an objective for monetary policy, to some extent, re...
Within the framework of Keynesian economic theory it is widely taken for granted that short term out...
We characterise the behaviour of Norwegian output, the real exchange rate and real money balances ov...
This thesis contains an empirical investigation of several models of Norwegian inflation estimated o...
This paper analyses the role of real and nominal shocks in explaining business cycles in a small ope...
Based on the methodology developed by Hodrick & Prescott (1980), it is shown that monetary activity ...
This thesis seeks to contribute to the historical national accounting and economic history environme...
We have only limited knowledge about how Norwegian producers change their prices. The aim of this th...
In this paper we investigate the formation of Norwegian import prices of manufactures over the perio...
This paper analyses stylised facts regarding business cycles in Norway. We examine the empirical rel...
This study reports the outcome of an effort to collect market price data for Norway with a view to c...