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A continuous consumer price index for Norway 1492-2017

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Abstract

This manuscript presents a new combined annual cost of living and consumer price index for Norway covering the period 1492-2017. When previous Norwegian historical consumer price indices partly were constructed on the basis of very limited data, the new historical index is constructed on a significantly richer data material. This is made possible by the compilation of quantitative data from numerous sources, mostly originating from the eighteenth, nineteenth and early twentieth century.The new index makes it possible to follow annual living costs in Norway for 525 years. When comparing to existing price indices the new series reveals that it is needed to make some major revisions of Norwegian price history.

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  • Honningdal Grytten, Ola, 2018. "A continuous consumer price index for Norway 1492-2017," Discussion Paper Series in Economics 26/2018, Norwegian School of Economics, Department of Economics.
    • Handle: RePEc:hhs:nhheco:2018_026
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    File URL: https://brage.bibsys.no/xmlui/handle/11250/2575367
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    1. Rodney Edvinsson & Johan Söderberg, 2011. "A Consumer Price Index For Sweden, 1290–2008," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(2), pages 270-292, June.
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    1. Sari, Emre & Moilanen, Mikko & Sommerseth, Hilde Leikny, 2021. "Transgenerational health effects of in utero exposure to economic hardship: Evidence from preindustrial Southern Norway," Economics & Human Biology, Elsevier, vol. 43(C).

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    More about this item

    Keywords

    Price index; price history; purchasing power parity; economic history;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-

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