Economic Bulletin articles from October 2004

Economic Bulletin archives from October 2004

Inflation targeting--some theory with main focus on practice *.
October 1, 2004... Norway has had an inflation target for monetary policy since March 2001. This article explains why and how an inflation targeting regime was introduced. In a number of countries, including Norway, short-term interest rates are now the...

External price impulses to imported consumer goods.
October 1, 2004... The low consumer price inflation in Norway may largely be explained by the sharp fall in prices for imported goods, which is a result of a price fall in other countries and an appreciation of the krone. The increase in prices for different...

What influences the growth of household debt?
October 1, 2004... Household debt has increased by 10-11 per cent annually since 2000. In the following, the factors underlying the strong growth in debt are analysed using an empirical model. The debt growth of recent years is found to be related to developments...

Net lending of households and non-profit institutions serving households: an analysis of discrepancies between financial and non-financial accounts *.
October 1, 2004... Introduction Monetary and financial stability constitute prime objectives for central banks. Monetary policy decisions are taken on the basis of information concerning developments in a number of economic and financial indicators. It is...

New commemorative coins in connection with the centennial celebration 1905-2005: on 23 September Norges Bank issued the second coin set in the series of gold and silver coins to mark the centennial of the dissolution of the union between Norway and Sweden in 1905. The company Hundrearsmarkeringen--Norge 2005 AS is responsible for marketing and sales.
October 1, 2004... In 2005, it has been one hundred years since the dissolution of the union between Norway and Sweden. Pursuant to the Norges Bank Act provisions regarding commemorative coins, Norges Bank is issuing a series of commemorative coins to celebrate...

Statistical annex.
October 1, 2004... Financial institution balance sheets 1. Norges Bank. Balance sheet 2. Norges Bank. Specification of international reserves 3. State lending institutions. Balance sheet 4. Banks. Balance sheet 5. Banks. Loans and deposits...