Blar i Discussion Papers på forfatter "Eika, Torbjørn"
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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 ... -
Exchange rate pass-through in a Small Open Economy
Boug, Pål; Cappelen, Ådne; Eika, Torbjørn (Discussion Papers;No. 429, Working paper, 2005)Abstract: Several small open economies switched to inflation targeting during the 1990s, thereby giving up various forms of exchange rate targeting in favour of flexible exchange rates. Norway did the same early in 2001, ... -
Immigration and the Dutch disease. A counterfactual analysis of the Norwegian resource boom 2004-2013
Cappelen, Ådne; Eika, Torbjørn (Discussion Papers;No. 860, Working paper, 2017-06-15)The EU-enlargement in 2004 increased labour migration and affected the Norwegian labour market in particular. We study how this modified the Dutch disease effects during the resource boom 2004- 2013. In the Norwegian ... -
The importance of the distribution sector for exchange rate pass-through in a small open economy. A large scale macroeconometric modelling approach
Boug, Pål; Cappelen, Ådne; Eika, Torbjørn (Discussion papers;731, Working paper, 2013-01)The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that passthrough is faster to import ... -
Wage equations in macro models. Phillips curve versus error correction model determination of wages in large-scale UK macro models
Eika, Torbjørn (Discussion Paper;No. 98, Working paper, 1993-08)In this article the implications of implementing either a Phillips curve or an Error Correction type of wage equation in macro models are investigated. First the implications in an small theoretical model is studied. ...