Blar i BI Open på forfatter "Røisland, Øistein"
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The interplay between monetary and fiscal policy in a small open economy
Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (CAMP Working Paper Series;07/2023, Working paper, 2023-08)We develop a theory for the optimal interaction between monetary and fiscal policy. While one might initially think that monetary and fiscal policy should pull in the same direction, we show within a simple model that this ... -
Monetary policy when export revenues drop
Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (CAMP Working Paper Series;04/2022, Working paper, 2022-11)We study how monetary policy should respond to shocks which permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ... -
Monetary policy when export revenues drop
Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (Journal article; Peer reviewed, 2023)We study how monetary policy should respond to shocks that permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ... -
Samspillet mellom penge- og finanspolitikken i en liten, åpen økonomi
Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (Journal article; Peer reviewed, 2023)Vi utvikler en teori for det optimale samspillet mellom penge- og finanspolitikken i konjunkturstyringen. Mens en i utgangspunktet kunne tro at penge- og finanspolitikken bør dra konjunkturene i samme retning, viser vi at ...