Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210012 
Year of Publication: 
2012
Series/Report no.: 
Working Paper No. 2012/13
Publisher: 
Norges Bank, Oslo
Abstract: 
This paper documents Norges Bank's role in the long transition period from a fixed exchange rate regime to inflation targeting in Norway. It is shown that the Bank's leadership and influential department leaders wanted more exchange rate flexibility from early on. However, due to the division of responsibility of economic policy in Norway - where a stable exchange rate was important with regards to incomes policy - this was met with resistance.
Subjects: 
monetary policy
inflation targeting
regime change
JEL: 
E58
F33
N14
Persistent Identifier of the first edition: 
ISBN: 
978-82-7553-689-1
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper
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