Norway: Selected Issues

Author: International Monetary Fund

This Selected Issues paper presents an assessment of Norway's inflation targeting framework. It describes the institutional framework, and reviews accountability and transparency of the central bank as well as its communication with the public. The paper discusses the design of the framework, and the monetary transmission. It concludes that the institutional framework is appropriate for successful implementation of monetary policy. The new framework provides a more flexible monetary regime that is consistent with Norway's overall economic policy framework.

Volume/Issue: Volume 2002 Issue 045

Publication date: March 2002

ISBN: 9781451829730

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback	PDF	ePub	Mobi
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Banks and Banking , Inflation , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , transmission mechanism , inflation target , managed float , inflation expectation , inflation-targeting central bank , output gap , inflation targeting framework , aggregate demand , money market , monetary policy guideline , policy bias , monetary policy tool , inflation rate , Inflation , Inflation targeting , Exchange rates , Consumer price indexes , Consumer prices , Europe

Also of interest

Kenya: Seventh and Eighth Reviews Under the Extended Fund Facility and Extend...

Mexico: 2024 Article IV Consultation and Review Under the Flexible Credit Lin...

Republic of Congo : 2001 Article IV

Spain

Summary

This Selected Issues paper presents an assessment of Norway’s inflation targeting framework. It describes the institutional framework, and reviews accountability and transparency of the central bank as well as its communication with the public. The paper discusses the design of the framework, and the monetary transmission. It concludes that the institutional framework is appropriate for successful implementation of monetary policy. The new framework provides a more flexible monetary regime that is consistent with Norway’s overall economic policy framework.