The Inflation Targeting Framework in Norway /

Norway adopted an inflation targeting framework in early 2001, thus concluding its gradual but consistent move toward greater exchange rate flexibility. This paper assesses the institutional and technical design of the framework, as well as its potential implications for the practical implementation...

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ग्रंथसूची विवरण
मुख्य लेखक: Soikkeli, Jarkko
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2002.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2002/184
ऑनलाइन पहुंच:Full text available on IMF
विवरण
सारांश:Norway adopted an inflation targeting framework in early 2001, thus concluding its gradual but consistent move toward greater exchange rate flexibility. This paper assesses the institutional and technical design of the framework, as well as its potential implications for the practical implementation of monetary policy against the experience from selected industrial countries that had adopted inflation targeting frameworks prior to Norway. Norway's role as a commodity exporter exposed to large terms of trade shocks, and the possible consequences of newly introduced fiscal guidelines are also discussed.
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भौतिक वर्णन:1 online resource (29 pages)
स्वरूप:Mode of access: Internet
आईएसएसएन:1018-5941
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