• Employment trends in Norway 

      Ellingsen, Nicolai; Fosso, Luca; Galaasen, Sigurd Mølster (Staff Memo;1/2024, Working paper, 2024)
      This paper outlines the recently developed method for assessing the trend Level in employment rates adopted by Norges Bank. The approach employs a Bayesian VAR to decompose disaggregated employment data into trend and ...
    • The Inflation Rate Disconnect Puzzle: On the International Component of Trend Inflation and the Flattening of the Phillips Curve 

      Ascari, Guido; Fosso, Luca (Working paper;17/2021, Working paper, 2021)
      Since 2000 U.S. inflation has remained both below target and silent to domestic slack and monetary interventions. A trend-cycle BVAR decomposition explores the role of imported intermediate goods in explaining the puzzling ...
    • Macroeconomic effects of the gender revolution 

      Bergholt, Drago; Fosso, Luca; Furlanetto, Francesco (Working paper;19/2024, Working paper, 2024)
      U.S. labor market data exhibit a major, secular decline in the employment and wage gaps between males and females. In this paper, we identify the underlying, structural forces and quantify the spillover from this gender ...