Add to ORKGThis article explores the consequences of various approaches to the conduct of monetary policy. A small, calibrated model of the Norwegian economy is used, which highlights the short-run trade-off between stabilising inflation and stabilising output. Some approaches to policy can be shown to be unambiguously better than others. However, when policy is efficient, the central bank must decide how much output variability it is willing to tolerate in order to attain more stable inflation
This paper examines two main issues for the case of inflation targeting countries. The first is to i...
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a s...
The importance of monetary policy is unchallenged in modern macroeconomics and its prominent place i...
This article explores the consequences of various approaches to the conduct of monetary policy. A sm...
Flexible inflation targeting implies that the central bank must in the short term strike a balance b...
With the introduction of a new mandate for monetary policy on 29 March 2001, Norges Bank was given r...
This paper analyses the transmission mechanisms of monetary policy in a small open economy like Norw...
The paper analyses alternative monetary policy regimes within a simple, estimated macroeconomic mode...
The design of rules for central bank policy has been a subject of increasing interest to many moneta...
Using post-war data on 43 countries, this paper shows that the finding that the trade-off between in...
This article presents the alternative goals of the central bank during the realization of the econom...
We investigate the importance of employing a valid model for monetary policy analysis. Specifically,...
This thesis estimates the effect of the key policy rate on inflation and output for the Norwegian ec...
We estimate forward-looking monetary policy reaction functions for Norway for the period 1999-2012. ...
This master thesis estimates monetary policy reaction functions for the Norwegian economy from 1999 ...
This paper examines two main issues for the case of inflation targeting countries. The first is to i...
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a s...
The importance of monetary policy is unchallenged in modern macroeconomics and its prominent place i...
This article explores the consequences of various approaches to the conduct of monetary policy. A sm...
Flexible inflation targeting implies that the central bank must in the short term strike a balance b...
With the introduction of a new mandate for monetary policy on 29 March 2001, Norges Bank was given r...
This paper analyses the transmission mechanisms of monetary policy in a small open economy like Norw...
The paper analyses alternative monetary policy regimes within a simple, estimated macroeconomic mode...
The design of rules for central bank policy has been a subject of increasing interest to many moneta...
Using post-war data on 43 countries, this paper shows that the finding that the trade-off between in...
This article presents the alternative goals of the central bank during the realization of the econom...
We investigate the importance of employing a valid model for monetary policy analysis. Specifically,...
This thesis estimates the effect of the key policy rate on inflation and output for the Norwegian ec...
We estimate forward-looking monetary policy reaction functions for Norway for the period 1999-2012. ...
This master thesis estimates monetary policy reaction functions for the Norwegian economy from 1999 ...
This paper examines two main issues for the case of inflation targeting countries. The first is to i...
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a s...
The importance of monetary policy is unchallenged in modern macroeconomics and its prominent place i...