Al-mulali, Usama - Volkswirtschaftliche Fakultät, … - 2010
This study examines the impact of oil shocks on the real exchange rate and the gross domestic product in Norway using … increase of its competitiveness to trade by its real exchange rate depreciation. So it seems that oil price in this case is a … blessing due to two reasons. First Norway uses the floating exchange rate regime which is a good shock absorber, increases the …