Climate change and the transition to a low-carbon economy affect the Norwegian and global economy in many ways. To gain greater insight into how these changes affect the Norwegian economy, Norges Bank has asked a selection of Norwegian enterprises on three occasions in recent years how...

Climate change and the transition to a low-carbon economy affect the Norwegian and global economy in many ways. To gain greater insight into how these changes affect the Norwegian economy, Norges Bank has asked a selection of Norwegian enterprises on three occasions in recent years how...

Norges Banks regionale nettverk gir viktig informasjon om utviklingen i norsk økonomi. Vi viser at nettverkets tall for faktisk og forventet vekst i produksjon og sysselsetting gir gode anslag for produksjons- og sysselsettingsveksten i nasjonalregnskapet 1-2 kvartaler frem. Analysene tyder...

This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices in Norway. The framework combines quantile regressions using a broad set of uncertainty indicators with a skewed t-distribution, allowing for time-variation and asymmetry in the...

In this paper we describe the newly developed System for Model Analysis in Real Time (SMART) used for forecasting and model analysis in Norges Bank. While the long-term goal is to include all empirical models used in forecasting in Norges Bank, the emphasis in this paper will be on the empirical...

Some consumer prices are changed often, while others are changed infrequently. In this memo, I investigate whether Norwegian consumer prices that are changed often - called flexible prices in this memo - and prices that are changed relatively infrequently - sticky prices - have different...

I 2013 endret Statistisk sentralbyrå metodene for beregning av prisutviklingen for to store konsumområder i konsumprisindeksen (KPI); for matvarer og alkoholfrie drikkevarer og for husleier. I denne artikkelen diskuterer og analyserer vi mulige effekter av metodeendringene. Vi anslår at de...

I denne artikkelen undersøker vi om inflasjonsforventningene i Norge er forankret, i betydningen om de responderer lite på ny informasjon og ligger stabilt nær inflasjonsmålet på 2,5 prosent noen år frem i tid. Vi gjør dette ved å analysere svarene i Norges Banks...