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Norges Bank Watch 2001: a review of inflation targeting, the Norwegian monetary regime and its institutional arrangements, and Norges Bank’s actual monetary policy and communication

Andreassen, Harald Magnus; De Grauwe, Paul; Solheim, Haakon; Thøgersen, Øystein
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fr2001-13[1].pdf (280.7Kb)
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http://hdl.handle.net/11250/94063
Utgivelsesdato
2001
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  • Research Reports [132]
Sammendrag
In this report we will focus on the challenges of an inflation target. The first part of the report focuses on the possibilities and limitations in a flexible inflation targeting approach. The second part focuses on the implementation of an inflation target in Norway.

The report concludes that Norges Bank has a firm and credible commitment to fulfilling the inflation target. The Bank enjoys a good communication with both the public and the financial markets. The Inflation Report, currently published three times a year, is a clear and well-written exposition of the Banks expectations and judgements and Norges Bank has demonstrated the ability to clarify its policy through articles and speech
Serie
Forskningsrapport
13/2001

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