Browsing Norges Banks publikasjonsserier / Norges Bank publication series by Subject "forecasts"

Now showing items 1-4 of 4

    • Announcements of Interest Rate Forecasts: Do Policymakers Stick to Them? 

      Mirkov, Nikola; Natvik, Gisle James (Working Papers;11/2013, Working paper, 2013)
      If central banks value the ex-post accuracy of their forecasts, previously announced interest rate paths might affect the current policy rate. We explore whether this "forecast adherence" has influenced the monetary policies ...

    • Does Publication of Interest Rate Paths Provide Guidance? 

      Rime, Dagfinn; Syrstad, Olav; Natvik, Gisle J. (Working Paper;16/2019, Working paper, 2019)
      Does the central bank practice of publishing interest rate projections (IRPs) improve how market participants map new information into future interest rates? Using high-frequent data on Forward Rate Agreements (FRAs) we ...

    • A statistical analysis of Norges Bank’s forecasts 

      Hagelund, Kåre; Husabø, Eilert (Staff Memo;3/2022, Working paper, 2022)
      In this paper, we perform a statistical analysis of the forecasting properties of Norges Bank’s macroeconomic forecasts in the period 1998 – 2019. As a part of the analysis we assess Norges Bank’s forecasts against similar ...

    • When Does an Interest Rate Path “Look Good”? Criteria for an Appropriate Future Interest Rate Path 

      Qvigstad, Jan F. (Working Papers;5/2006, Working paper, 2006)
      Svensson (2004) suggested that a monetary policy committee of a central bank (MPC) should “find an instrument-rate path such that projections of inflation and output gap ‘look good’.” Academic literature on monetary policy ...