Blar i Arbeidsnotater / Working Papers på forfatter "Hunnes, Arngrim"
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Price Stability and Inflation Persistence During the International Gold Standard: The Scandinavian Case
Grytten, Ola Honningdal; Hunnes, Arngrim (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 ... -
The Historical Connection Between Short Term Output and Prices in a Small Open Economy
Grytten, Ola Honningdal; Hunnes, Arngrim (Working Papers;21/2009, Working paper, 2009)According to a Keynesian view, short term output fluctuations are normally demand side led. Since prices reflect demand, they should mirror output fluctuations. Thus, prices and output are expected to move in the same ...