Browsing Norges Banks vitenarkiv by Author "McCaw, Sharon"

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    • A Small, Calibrated Macromodel to Support Inflation Targeting at Norges Bank 

      Husebø, Tore Anders; McCaw, Sharon; Olsen, Kjetil; Røisland, Øistein (Staff Memo;3/2004, Working paper, 2004)
      This note outlines a small, calibrated macromodel that can be used to support inflation targeting at Norges Bank. The model provides a stylised representation of the key flows in the macro economy, with a particular emphasis ...

    • Monetary Policy and the Trade-Off Between Inflation and Output Variability 

      McCaw, Sharon; Morka, Kjersti Haare (Journal article, 2005)
      This article explores the consequences of various approaches to the conduct of monetary policy. A small, calibrated model of the Norwegian economy is used, which highlights the short-run trade-off between stabilising ...