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dc.contributor.authorHusebø, Tore Anders
dc.contributor.authorMcCaw, Sharon
dc.contributor.authorOlsen, Kjetil
dc.contributor.authorRøisland, Øistein
dc.description.abstractThis 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 on the transmission mechanism of monetary policy. It can be viewed as the minimal model necessary to explain the nexus of output, interest rates, exchange rates and inflation, with a framework for the way monetary policy influences the real economy and inflation. The model should be viewed mainly as a pedagogical device and as a pilot model for subsequent model development at Norges Bank.nb_NO
dc.publisherNorges Banknb_NO
dc.relation.ispartofseriesStaff Memo;3/2004
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.titleA Small, Calibrated Macromodel to Support Inflation Targeting at Norges Banknb_NO
dc.typeWorking papernb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210nb_NO

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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal