Print

Q. Farooq Akram

Publications and working papers

Refereed publications

• Flexible inflation targeting and financial stability: Is it enough to stabilize inflation and output?" with Ø. Eitrheim, Journal of Banking and Finance, forthcoming
  
  
• "Pursing financial stability under an inflation-targeting regime", with Gunnar Bårdsen and Kjersti-Gro Lindquist. Annals of Finance, 2007, vol. 3, pp. 131-153.
  
• "PPP in the medium run: The case of Norway". Journal of Macroeconomics, 2006, vol. 28 (4), pp. 700--719. 
  
  
• "Econometric modelling of slack and tight labour markets" with Ragnar Nymoen
  Economic Modelling, 2006, 23, pp. 579-596.
  
  
• "Monetary policy and asset prices: To respond or not?" with Gunnar Bårdsen and Øyvind Eitrheim. International Journal of Finance and Economics, 2006, 11, pp. 279-292.
  
  
• "Non-linear dynamics in output, real exchange rates and real money balances: Norway, 1830 - 2003." with Ø. Eitrheim and Lucio Sarno. In C. Milas, P. Rothman and D. van Dick (eds)(2006): Non-linear Time Series Analysis of Business Cycles. Contributions to Economic Analysis Series, Elsevier.
  
  
• "Multiple unemployment equilibria and asymmetric dynamics - Norwegian evidence"
  Structural Change and Economic Dynamics, 2005, 16, pp. 263-283.
  
  
• "Oil prices and exchange rates: Norwegian Evidence"
  Econometrics Journal, 2004, 7, pp. 476-504.
  
  
• "En effisient handlingsregel for bruk av petroleumsinntekter" (An efficient rule for consumption of petroleum revenues). Norsk Økonomisk Tidsskrift, 119, 2, 2004, pp. 91-504.
  
  
• "Reelle likevektsvalutakurser for Norge" (Real equilibrium exchange rates for Norway)
  Norsk Økonomisk Tidsskrift 118, 2, 2003, pp. 89-112.
  
  
• "Reelle likevektsvalutakurser" (Real equilibrium exchange rates) with K. M. Brunvatne and R. Lokshall. Norsk Økonomisk Tidsskrift 118, 2, 2003, pp. 113-132.
  
  
• "Innvandreres tilknytning til arbeidsmarkedet" (Immigrants' participation in the labour market). Norsk Økonomisk Tidsskrift 113, 1, 1999, pp. 23-48.
  
  
• "Empirisk modellering av norske pengemarkeds- og obligasjonsrenter" (11 Mb) (Empirical modeling of Norwegian short term and long term interest interest rates) with E. Frøyland.
  Norsk Økonomisk Tidsskrift 111, 1, 1997, pp. 63-92.

Other publications

• "Real equilibrium exchange rates for Norway"
  In Explaining Movements in the Norwegian Exchange Rate (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 32, 2003, Norges Bank.
  
  
• "Real equilibrium exchange rates" with K. M. Brunvatne and R. Lokshall.
  In Explaining Movements in the Norwegian Exchange Rate (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 32, 2003, Norges Bank.
  
  
• "Reelle likevektsvalutakurser for Norge"
  In Hvilke faktorer kan forklare utviklingen i valutakursen? (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 31, 2003, Norges Bank.
  
  
• "Reelle likevektsvalutakurser" with K. M. Brunvatne and R. Lokshall.
  In Hvilke faktorer kan forklare utviklingen i valutakursen (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 31, 2003, Norges Bank.
  
  
• "State dependent effects in labour and foreign exchange markets"
  Doctoral Dissertations in Economics No. 1, 2002, Norges Bank.
  
  
• "Dollarkursens effekt på oljeprisene - en empirisk analyse" (The effect of the dollar rate on oil prices-an empirical analysis) with J. P. Holter.
  Penger og Kreditt 3, 1996.

Working papers

• "Model selection for monetary policy analysis - Importance of empirical validity" with Ragnar Nymoen. Working Paper No. 13, 2006, Norges Bank
  
• "Managing uncertainty through robust-satisficing monetary policy" with Yakov, Ben-Haim and Øyvind Eitrheim. Working Paper No. 10, 2006, Norges Bank
  
• "Pursuing financial stability under an inflation-targeting regime" with Gunnar Bårdsen and Kjersti-Gro Lindquist. Working Paper No. 8, 2006, Norges Bank 
  
• "Flexible inflation targeting and financial stability: Is it enough to stabilise inflation and output?" with Øyvind Eitrheim. Working Paper No. 7, 2006 Norges Bank
  
• "Arbitrage in the foreign exchange market: Turning on the microscope", with Dagfinn Rime and Lucio Sarno. Working Paper No. 12, 2005 Norges Bank
  
• "Monetary policy and asset prices: To respond or not?" with Gunnar Bårdsen and Øyvind Eitrheim. Working Paper No. 9, 2005 Norges Bank
  
• "Non-linear dynamics in output, real exchange rates and real money balances: Norway, 1830 - 2003" with Ø. Eitrheim and Lucio Sarno. Working Paper No. 2, 2005 Norges Bank
  
• "Efficient consumption of natural resources- An application to Norwegian petroleum revenues" Working Paper No. 1, 2005 Norges Bank
  
• "En effisient handlingsregel for bruk av petroleumsinntekter" (An efficient rule for consumption of petroleum revenues)  Working Paper No. 17, 2004, Norges Bank 
  
• "Oil wealth and real exchange rates: The FEER for Norway"
  Working Paper No. 16, 2004, Norges Bank
  
• "PPP in the medium run despite oil shocks - The case of Norway"
  Working Paper No. 4, 2002, Norges Bank
  
• "Employment adjustment in slack and tight labour markets" with R. Nymoen.
  Working Paper No. 7, 2001, Norges Bank (Also published as Memorandum No. 27, Department of Economics, University of Oslo.)
  
• "When does the oil price affect the Norwegian exchange rate?"
  Working Paper No. 8, 2000, Norges Bank (An earlier version published as Discussion Paper No. 31, Department of Economics, University of Oxford.)
  
• "PPP despite real shocks: An empirical analysis of the Norwegian exchange rate"
  Working Paper No. 7, 2000, Norges Bank (An earlier version published as Discussion Paper No. 30, Department of Economics, University of Oxford.)
  
• "Multiple unemployment equilibria: Do transitory shocks have permanent effects?"
  Working Paper No. 6, 1999, Norges Bank
  
• "Has the unemployment switched between multiple equilibria?"
  Working Paper No. 2, 1998, Norges Bank.