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The neutral real interest rate.
June 1, 2007... The concept "neutral real interest rate" is generally associated with the real interest rate level, which implies that monetary policy is neither expansionary nor contractionary. We define the neutral real interest rate as the real interest...
Evaluation of Norges Bank's projections for 2006.
June 1, 2007... Growth in the mainland economy in 2006 was appreciably higher than projected by Norges Bank and it is likely that the output gap was also more positive than projected. At the same time, consumer price inflation adjusted for tax changes and...