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The marginal cost of public funds in large welfare state countries
(Discussion Papers;No. 879, Working paper, 2018-06-29)The marginal cost of public funds (MCF) is substantial in generous welfare state countries according to Kleven and Kreiner (2006). Their main estimate for the Danish economy exceeds 2 mainly because taxation distorts ... -
The market power of OPEC 1973-2001
(Discussion Papers;No. 385, Working paper, 2004)Abstract: We apply a multi-equation dynamic econometric model on monthly data to test if the behaviour of OPEC as a whole or different sub-groups of the cartel is consistent with the characteristics of dominant producers ... -
The median as watershed
(Discussion papers;749, Working paper, 2013-08)This paper is concerned with concepts – poverty, inequality, affluence, and polarization – that are typically treated in different literatures. Our aim here is to place them within a common framework and to identify the ... -
The method of constant market shares analysis revisited
(Discussion Papers;No. 9, Working paper, 1985-05-23) -
The New Keynesian Phillips Curve for a small open economy
(Discussion Papers;No. 460, Working paper, 2006)Abstract: The New Keynesian Phillips Curve (NKPC) has become the benchmark model for understanding inflation in modern monetary economics. One reason for the popularity is the microfoundation of the model, which decomposes ... -
The New Keynesian Phillips Curve revisited
(Discussion Papers;No. 500, Working paper, 2007)Abstract: Recently, several authors have questioned the evidence claimed by Galí and Gertler (1999) and Galí, Gertler and López-Salido (2001) that a hybrid version of the New Keynesian Phillips Curve approximates European ... -
The NOK/euro exhange rate after inflation targeting: : the interest rate rules
(Discussion Papers;No. 501, Working paper, 2007)Abstract: Norway adopted a flexible inflation target in March 2001 following a long period with exchange rate targeting in various forms. The regime shift reverses the causal ordering between changes in the nominal exchange ... -
The Norwegian Emission Inventory 2011 : documentation of methodologies for estimating emissions og greenhouse gases and long-range transboundary air pollutants
(Documents;2011/21, Working paper, 2011)The Norwegian emission inventory is a joint undertaking between the Climate and Pollution Agency1 and Statistics Norway. Statistics Norway is responsible for the collection and development of activity data, and emission ... -
The Norwegian Emission Inventory 2014. Documentation of methodologies for estimating emissions of greenhouse gases and long-range transboundary air pollutants
(Notater / Documents;2014/35, Working paper, 2014-10)The Norwegian emission inventory is a joint undertaking between the Norwegian Environment Agency and Statistics Norway. Statistics Norway is responsible for the collection and development of activity data, and emission ... -
The Norwegian Emission Inventory 2016. Documentation of methodologies for estimating emissions of greenhouse gases and long-range transboundary air pollutants
(Notater / Documents;2016/22, Working paper, 2016-09)The Norwegian emission inventory is a joint undertaking between the Norwegian Environment Agency1 and Statistics Norway. Statistics Norway is responsible for the collection and development of activity data, and emission ... -
The Norwegian KLEMS Growth and Productivity Accounts. 1997-2014
(Notater / Documents;2017/38, Working paper, 2017-11-10)This paper documents the theoretical methodologies and practical compilation procedures for constructing the Norwegian KLEMS database 1997-2014. This database comprises output, intermediate input, labor, capital, and ... -
The Norwegian productivity puzzle - not so puzzling after all?
(Discussion papers;796, Working paper, 2015-02)The Norwegian productivity puzzle is rooted in three seemingly contradictory “facts”: First, Norway is one of the most productive OECD countries. Second, Norway has experienced high growth in productivity. Third, Norway ... -
The Norwegian tax reform : distributional effects and the high-income response
(Discussion Papers;No. 207, Working paper, 1997)Are we better or worse off after the Norwegian tax reform of 1992 and how has the reform influenced the income sizes and the distribution of total income? This question denotes our twofold analysis in this paper. We first ... -
The paradox of the unhappy, growing city: reconciling evidence
(Discussion papers;907, Working paper, 2019-05)This paper attempts to explain why large cities tend to score low on indices of happiness/life satisfaction, while at the same time experiencing population growth. Using Norwegian survey and register data, we show that ... -
The path of labor supply adjustment: Sources of lagged responses to tax-benefit reforms
(Discussion Papers;No. 854, Working paper, 2016-12-05)The standard static labor supply model ignores that it takes time for individuals to adjust to a tax-benefit reform. A labor supply decision model is developed that allows for lagged responses in terms of state dependence, ... -
The pattern of household savings during a hyperinflation : The case of urban China in the late 1980s
(Discussion Papers;No. 217, Working paper, 1998)This paper presents evidence on household savings in urban regions of the Chinese provinces Sichuan and Liaoning based on data from the State Statistical Bureau's Urban Household Survey for the late 1980s. In this period ... -
The pattern of household savings during a hyperinflation: the case of urban China in the late 1980s
(Journal article; Peer reviewed, 2001)This paper presents evidence on household savings in urban regions of the Chinese provinces Sichuan and Liaoning based on data from the State Statistical Bureau's Urban Household Survey for the late 1980s. In this period ... -
The political economy of global warming : from data to decision
(Discussion Papers;No. 322, Working paper, 2002)Abstract: This article studies the process from data acquisition to policy decision in relation to an optimum policy on global warming. Policymakers must be reasonably skeptical before proposing remedies to curb warming, ... -
The political man and contingent valuation : motives do count
(Discussion Papers;No. 180, Working paper, 1996)In addition to his role as a consumer pursuing his own interests, an individual may also regard himself as an ethical observer, judging matters from society's point of view. It is not clear which of these possibly conflicting ... -
The predictive ability of poverty models : empirical evidence from Uganda
(Discussion Papers;No. 560, Working paper, 2008)Abstract: This paper examines the performance of a particular method for predicting poverty. The method is a supplement to the approach of measuring poverty through a fully-fledged household expenditure survey. As most ...