How Expensive is Norway? New International Relative Price Measures

How Expensive is Norway? New International Relative Price Measures
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... READ MORE...

Publication date: June 2010
ISBN 9781455201167
$18.00

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