• Estimating core inflation : the role of oil price shocks and imported inflation 

      Bjørnland, Hilde Christiane (Discussion Papers;No. 200, Working paper, 1997)
      This paper calculates core inflation, by imposing long run restrictions on a structural vector autoregression (VAR) model containing the growth rate of output, inflation and oil prices. Core inflation is identified as ...
    • Oil dependency of the Russian economy: an econometric analysis 

      Benedictow, Andreas; Fjærtoft, Daniel; Løfsnæs, Ole (Discussion Papers;No. 617, Working paper, 2010)
      Abstract: A macro econometric model of the Russian economy is developed, containing 13 estimated equations – covering major national account variables, government expenditures and revenues, interest rates, prices and the ...
    • The commodity currency puzzle 

      Bjørnland, Hilde Christiane; Hungnes, Håvard (Discussion Papers;No. 423, Working paper, 2005)
      Abstract: This paper addresses the purchasing power parity (PPP) puzzle for commodity currencies. A substantial part of the literature on commodity currencies has found that, despite controlling for the effect of commodity ...