Is the Taylor Rule a Good Approximation of the Norwegian Monetary Policy?

The aim of this research is to check whether the Taylor rule in its simple linear form can be viewed as an appropriate description of the monetary policy pursued by Norway’s central bank – Norges Bank, and whether this rule can be used for forecasting purposes. Not only does this research focus on t...

Full description

Bibliographic Details
Main Author: Balabay, Oksana
Format: Others
Language:English
Published: Uppsala universitet, Nationalekonomiska institutionen 2011
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-158352