Policymakers can learn from behavioural insights, says Norwegian paper

norges-bank-building

A working paper, published by Norges Bank on November 6, stresses the importance of considering behavioural economics in the formulation of economic policy.

The author, Steinar Holden, discusses the field's practical relevancy, for example the importance of fairness considerations when setting wages, and the need for pension schemes to counteract under-saving.

The vast uncertainty that exists about future trends and events, the author says, allows for large fluctuations in economic agents'

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: