Norway: Selected Issues

May 22, 1998

Preview Citation

Format: Chicago

Norway: Selected Issues, (USA: International Monetary Fund, 1998) accessed November 21, 2024

Summary

This Selected Issues paper examines the role of the State Petroleum Fund in Norwegian economic policy, as a means to promote a sustainable long-term fiscal position and to help maintain the competitiveness of the non-oil (“mainland”) economy in the face of high oil export revenues. The paper documents the historical development of the wage bargaining framework in Norway, a country with a fairly centralized framework. It also compares recent wage developments in Norway with those of its trading partners to assess the implications for Norway’s international competitiveness.

Subject: Commercial banks, Exchange rates, Financial institutions, Foreign exchange, Labor, Nominal effective exchange rate, Oil, Real exchange rates, Real wages, Wages

Keywords: Asset ratio, Commercial banks, CR, Europe, Exchange rate, Exchange rates, ISCR, Likelihood ratio test, Nominal effective exchange rate, Nominal exchange rate, Norway, Real exchange rate, Real exchange rates, Real wages, Savings bank fund, SPF assets, SPF investment, SPF investment portfolio, Statistics Norway, Wage, Wages

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/034
Stock No:

1NOREA0011998
ISBN:

9781451829648
ISSN:

1934-7685

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