How Expensive is Norway? New International Relative Price Measures

22 Pages Posted: 21 Jun 2010

See all articles by Volodymyr Tulin

Volodymyr Tulin

International Monetary Fund (IMF)

Kornélia Krajnyák

International Monetary Fund (IMF)

Date Written: June 2010

Abstract

In this paper, we derive two new measures of international relative prices for Norway. Developments in these new measures follow rather closely movements in the CPI-based real effective exchange rate through the 1990s, but diverge after 2000 - suggesting that the costs of living in Norway relative to its trading partners have risen in the recent years more than the real effective exchange rate would indicate.

Keywords: Consumer price indexes, Cost of living, Norway, Price structures, Prices, Real effective exchange rates

Suggested Citation

Tulin, Volodymyr and Krajnyak, Kornelia, How Expensive is Norway? New International Relative Price Measures (June 2010). IMF Working Paper No. 10/133, Available at SSRN: https://ssrn.com/abstract=1627068

Volodymyr Tulin

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Kornelia Krajnyak

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
52
Abstract Views
504
Rank
687,410
PlumX Metrics