SASKIA TER ELLEN

From this perspective, the question of whether financial stability considerations should be explicitly included in monetary policy is heavily debated, both in academia and

From this perspective, the question of whether financial stability considerations should be explicitly included in monetary policy is heavily de- bated, both in academia and in

‘Financial Market Efficiency and the Effectiveness of Monetary Policy: - by Michael Woodford’. In this paper, “Michael Woodford analyze the Over-Night interest

The alternative, more activist approach to responding to suspected asset price misalign- ments suggests that monetary policy should “lean against the wind” of emerging

Norges Bank’s Monetary Policy and Financial Stability Committee decided unanimously to keep the policy rate unchanged at zero percent. The Committee’s assessment of the outlook

• The long period of financial stability after WW2 not due to purposeful FS policy but side effect of other policies.. • Facilitate

THE NORWEGIAN ECONOMY IN THE TIME OF COVID-19.. Norges Bank’s policy rate path - December 2019.. The Monetary Policy and Financial Stability Committee has decided to keep the

So, while the international trilemma – the fact that a country cannot simultaneously pursue full monetary autonomy, exchange rate stability and financial openness -- constrains