Lars Fredrik Øksendal, «Bank Rate policy in Norway, 1893-1914», Scandinavian Economic History Review, Vol. 57, No. 3, 2009 , 252 – 272

«The article discusses Bank Rate policy in Norway in the last two decades of the classical gold standard. The empirical mainstay is a detailed examination of rate changes. The key finding is that Bank Rate changes not were decided in accordance with a single monetary rule or criterion, but were influenced by a broader set of considerations. In particular, Norges Bank was sensitive to the needs of business and the state of domestic money market.»
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