Blar i Norges Banks publikasjonsserier / Norges Bank publication series på tittel
Viser treff 1084-1103 av 1427
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The Price Responsiveness of Shale Producers: Evidence from Micro Data
(Working paper;10/2022, Working paper, 2022)We show that shale oil producers respond positively to favourable oil price signals, and that this response is mainly associated with the timing of production decisions through well completion and refracturing, consistent ... -
Price spillovers in Norway: Less prevalent after the 1980s
(Staff Memo;12/2023, Working paper, 2023)This Staff Memo considers some of the available evidence on relative price shocks as a driver of Norwegian inflation dynamics in high- versus low-inflation regimes. The results suggest that relative price shocks have largely ... -
Price Stability and Inflation Persistence During the International Gold Standard: The Scandinavian Case
(Working Papers;20/2009, Working paper, 2009)In the 1870s the three Scandinavian countries Denmark, Norway and Sweden formed the Scandinavian Currency Union. Both the adoption of gold and the monetary union were supposed to lead to price stability in and between these ... -
Price-Level Determinacy, Lower Bounds on the Nominal Interest Rate, and Liquidity Traps
(Working Papers;3/2006, Working paper, 2006)We consider standard monetary-policy rules with inflation-rate targets and interest-rate or money-growth instruments using a flexible-price, perfect foresight model. There is always a locally-unique target equilibrium. ... -
Price-Setting Behaviour of Norwegian Firms – Results of a Survey
(Journal article, 2008)In 2007, Norges Bank conducted a survey of price-setting behaviour among a random sample of Norwegian firms. The background to the survey is that modern monetary policy theory makes a number of assumptions about how the ... -
Price-setting in the foreign exchange swap market: Evidence from order flow
(Working Paper;16/2020, Working paper, 2020)This paper investigates price discovery in foreign exchange (FX) swaps. Using data on inter-dealer transactions, we find that a 1 standard deviation increase in order flow (i.e. net pressure to obtain USD through FX swaps) ... -
Pricing in the Norwegian Interbank Market – the Effects of Liquidity and Implicit Government Support
(Working Papers;2/2016, Working paper, 2016)We investigate the effects of central bank liquidity and possible implicit government guarantees against default on Norwegian overnight interbank interest rates. We conduct an econometric study of these interest rates over ... -
Prissetting i norske bedrifter. Resultater fra en spørreundersøkelse
(Journal article, 2008)I første halvdel av 2007 gjennomførte Norges Bank en spørreundersøkelse om prissetting blant et tilfeldig utvalg av norske bedrifter. Artikkelen presenterer resultater fra undersøkelsen. Bakgrunnen for undersøkelsen er at ... -
Productivity Growth in Norway 1948–2008
(Journal article, 2009)Up to the 1970s labour productivity in Norway was generally high. Relatively low levels of productivity after the war and the import of technology from abroad were probably important factors. From the mid-1970s until the ... -
Produksjonsgap og finansielle variable
(Staff Memo;14/2016, Working paper, 2016)Den potensielle produksjonen er nivået på produksjonen når alle produksjonsfaktorer er fullt og opprettholdbart utnyttet. Denne produksjonen er ikke observerbar. I de ulike fremgangsmåtene for å anslå den potensielle ... -
Produksjonsgapet i norsk økonomi - ulike metoder, samme svar?
(Journal article, 2000)Den potensielle produksjonen uttrykker den produksjonen som over tid er forenlig med størst mulig utnyttelse av ressursene i økonomien uten at det oppstår tiltakende kostnadspress. Produksjonsgapet måler avviket mellom ... -
Produktivitetsutviklingen i Norge 1948 – 2008
(Journal article, 2009)Veksten i arbeidskraftproduktiviteten i Norge siden krigen har gjennomgått flere faser. I etterkrigstiden og fram til 1970-tallet var den gjennomgående høy. Et forholdsvis lavt produktivitetsnivå etter krigen sammen med ... -
Prognosearbeidet i Norges Bank
(Journal article, 2006)Norges Banks prognoser for den økonomiske utviklingen er en viktig del av grunnlaget for pengepolitikken. Anslagene for de økonomiske størrelsene og for renteutviklingen er gjensidig avhengige av hverandre. I arbeidet med ... -
Prognoser, usikkerhet og valg av renteforutsetning i pengepolitikken
(Journal article, 2006)I arbeidet med å lage prognoser for størrelser som produksjon og inflasjon må en samtidig ha en oppfatning av utviklingen i fremtidig rente. Mens Norges Banks prognoser tidligere var basert på at renten ville utvikle seg ... -
Progress from Forecast Failure — the Norwegian Consumption Function
(Working Papers;10/2000, Working paper, 2000)After a forecast failure, a respecification is usually necessary to account for the data ex post, in which case there is a gain in knowledge as a result of the forecast failure. Using Norwegian consumption as an example, ... -
Projections, Uncertainty and Choice of Interest Rate Assumption in Monetary Policy
(Journal article, 2006)Norges Banks’ views on future interest rate developments have often attracted considerable attention. For a long period, our analyses were based on the assumption that the interest rate would move in line with market ... -
Public Finances – the Difficult Path Back to Sustainable Levels
(Economic Commentaries;2/2010, Others, 2010)In order to curb falling output and employment resulting from the financial crisis, extensive monetary and fiscal measures were put in place by authorities the world over. Many governments also recapitalised banks to ... -
Pursuing Financial Stability Under an Inflation-Targeting Regime
(Working Papers;8/2006, Working paper, 2006)We evaluate two main views on pursuing financial stability within a flexible inflation-targeting regime. It appears that potential gains from an activist or precautionary approach to promoting financial stability are highly ... -
Quantifying macroeconomic uncertainty in Norway
(Staff Memo;13/2023, Working paper, 2023)This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices in Norway. The framework combines quantile regressions using a broad set of uncertainty indicators with ... -
Quantifying time-varying forecast uncertainty and risk for the real price of oil
(Working Paper;3/2021, Working paper, 2021)We propose a novel and numerically efficient quantification approach to forecast uncertainty of the real price of oil using a combination of probabilistic individual model forecasts. Our combination method extends earlier ...