Oslo economics professor appointed to Norges Bank monetary policy committee

University of Oslo economics professor Steinar Holden has been appointed to the monetary policy and financial stability committee of Norway’s central bank for a four-year term.

He takes up the post on Jan. 1 next year and will serve in the role until Dec. 31 2027. Holden replaces macroeconomist Jeanette Fjære-Lindkjenn, whose appointment ends at the end of December.

Holden’s research has focused on areas including labor market dynamics and the impact of wage setting. Between March 2020 and March 2021, he led an expert group for evaluating the economic effects of measures to prevent the spread of coronavirus, which reported to the Norwegian Directorate of Health and the Ministry of Finance.

The committee consists of five members, and is responsible for Norges Bank’s executive and advisory authority in monetary policy, and also contributes to promoting financial stability. Holden will work alongside Stockholm University economist Ingvild Almås.