• Communicating Monetary Policy Intentions: The Case of Norges Bank 

      Holmsen, Amund; Qvigstad, Jan F.; Røisland, Øistein; Solberg-Johansen, Kristin (Working Papers;20/2008, Working paper, 2008)
      Monetary policy works mainly through private agents’ expectations. How precisely future policy intentions are communicated has, according to theory, implications for the outcome of monetary policy. Norges Bank has gone ...
    • Criteria for “good” justifications 

      Qvigstad, Jan F.; Schei, Tore (Working papers;6/2018, Working paper, 2018)
      Many institutions in a democratic society wield important power by virtue of the decisions they make. These decisions may concern individuals or have a more general impact on society. It goes without saying today that this ...
    • Kriterier for «gode» begrunnelser 

      Qvigstad, Jan F.; Schei, Tore (Working papers;6/2018, Working paper, 2018)
      I demokratiske samfunn utøver ulike institusjoner gjennom beslutninger viktig samfunnsmakt. Beslutningene kan rette seg mot enkeltindivider eller ha en mer generell samfunnsmessig virkning. Det er en selvfølge i dag at ...
    • Monetary Policy in Real Time 

      Qvigstad, Jan F. (Working Papers;1/2001, Working paper, 2001)
      The interest rate is set by the central bank with a view to securing a nominal anchor for the economy in the long term. The setting of interest rates is based on evaluations of economic trends and the balance of risks. In ...
    • 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 ...