• Counterfactual Analyses of Oil Price Shocks using a World Model 

      Barrell, Ray; Magnussen, Knut A. (Discussion papers;177, Working paper, 1996-07)
      Oil price shocks have played a dominant role in the macroeconomic development of the world economy over the last twenty five years. In this paper a large, estimated, macro-economic world model with time varying trade ...
    • Did Norway gain from the 1979-85 oil price shock? 

      Eika, Torbjørn; Magnussen, Knut A. (Discussion Papers;No. 210, Working paper, 1998)
      Macroeconomic effects of the high oil prices in the period 1979-85 for the Norwegian economy are considered. An alternative low oil price scenario is developed and effects of the oil shock are calculated as the deviation ...
    • 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 ...