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Øistein Røisland

Øistein Røisland

E-mail: oistein.roisland@norges-bank.no

Phone: + 47 22 31 67 39
Fax: + 47 22 42 40 62
Norges Bank (Central Bank of Norway)
Monetary Policy Department
Bankplassen 2
P.O.Box 1179 Sentrum
0107 Oslo, Norway

Øistein Røisland is Research Director in the Monetary policy department of Norges Bank. Røisland obtained his PhD at the University of Oslo in 2000. He joined the Norges Bank in 1998.

Research interests

Røisland's research interests are within macroeconomic theory, monetary policy, and decision theory. His recent research focuses on monetary policy committees (MPCs).

Work in progress/recent working papers

  • "Designing Decision-Making Procedures in MPCs: The Advantage of Premise-Based Interest Rate Decisions", with Carl Andreas Claussen (Norges Bank).
  • "Collective Economic Decisions and the Discursive Dilemma", with Carl Andreas Claussen (Norges Bank). Norges Bank Working Paper 2005/3.

Selected publications

  • "Inflation Inertia and the Optimal Hybrid Inflation/Price-Level Target". Journal of Money, Credit, and Banking (forthcoming).
  • "Interest Rate Decisions in an Asymmetric Monetary Union" (with Egil Matsen). European Journal of Political Economy 21 (2), June 2005.
  • "Capital Income Taxation, Equilibrium Determinacy, and the Taylor Principle". Economics Letters, 2003, vol. 81, p. 147-153.
  • "Time Inconsistency and the Exchange Rate Channel of Monetary Policy" (with Kai Leitemo and Ragnar Torvik). Scandinavian Journal of Economics 3, 2002, 391-397.
  • "A Simple Contract for Central Bankers when Output is Persistent". Journal of Money, Credit and Banking 33, 2001, p. 994-1014.
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