How Much of a Tailwind Have We Had from the Weaker Krone?

dc.contributor.author	Naug, Bjørn
dc.contributor.author	Nordbø, Einar W.
dc.date.accessioned	2019-06-06T12:45:52Z
dc.date.available	2019-06-06T12:45:52Z
dc.date.issued	2019
dc.identifier.isbn	978-82-8379-098-6
dc.identifier.issn	1504-2596
dc.identifier.uri	http://hdl.handle.net/11250/2600185
dc.description.abstract	It is usual to assume that a weaker currency will stimulate exports and improve the balance of trade. Despite the krone’s depreciation in recent years, however, exports have grown little and the non-oil trade deficit has widened. This raises questions about what effects the weaker krone has actually had. We find that exports would probably have been much lower without the depreciation of the krone. Our conclusion, therefore, is that there has been a significant tailwind.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.relation.ispartofseries	Staff Memo;6/2019
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.title	How Much of a Tailwind Have We Had from the Weaker Krone?	nb_NO
dc.type	Working paper	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	18	nb_NO

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