Browsing Statistics Norway's Open Research Repository (SNORRe) by Subject "JEL classification: C52"

Now showing items 1-20 of 24

    • A Behavioral model of work-trip mode choice in Shanghai 

      Liu, Gang (Discussion Papers;No. 444, Working paper, 2006)
      Abstract: This paper analyzes travelers’ choice behavior by using data from a stated preference survey on work-trip mode choice in Shanghai. Several versions of a multinomial choice model are specified and estimated. ...

    • A demand system for input factors when there are technological changes in production 

      Hungnes, Håvard (Discussion Papers;No. 556, Working paper, 2008)
      Abstract: In a system with n input factors there are n − 1 independent cost shares. An often-used approach in estimating factor demand systems is to (implicitly or explicitly) assume that there is a (independent) cointegrating ...

    • Are predicted lifetime consumption profiles robust with respect to model specifications? 

      Kornstad, Tom (Discussion Papers;No. 308, Working paper, 2001)
      Abstract: Structural models of lifetime labour supply and consumption require functional specifications of preferences as well as other assumptions that can be difficult to assess a priori. Misspecifications of the model ...

    • Estimating and restricting growth rates and cointegrationmeans : with applications to consumption and money demand 

      Hungnes, Håvard (Discussion Papers;No. 309, Working paper, 2001)
      Abstract: The parameters in the cointegration vector and the loading parameters are not the only interesting parameters in a vector cointegration model. With a reformulation of the model the intercept parameters can be ...

    • Evaluating alternative representations of the choice sets in models of labour supply 

      Aaberge, Rolf; Colombino, Ugo; Wennemo, Tom (Discussion Papers;No. 449, Working paper, 2006)
      Abstract: During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting ...

    • Evaluating alternative representations of the choice sets in models of labour supply 

      Aaberge, Rolf; Colombino, Ugo; Wennemo, Tom (Journal article; Peer reviewed, 2009)
      During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach ...

    • Exchange rate pass-through in a Small Open Economy 

      Boug, Pål; Cappelen, Ådne; Eika, Torbjørn (Discussion Papers;No. 429, Working paper, 2005)
      Abstract: Several small open economies switched to inflation targeting during the 1990s, thereby giving up various forms of exchange rate targeting in favour of flexible exchange rates. Norway did the same early in 2001, ...

    • Exchange rate volatility and export performance : a cointegrated VAR approach 

      Boug, Pål; Fagereng, Andreas (Discussion Papers;No. 522, Working paper, 2007)
      Abstract: During the last decades Norwegian exporters have ƒ{ despite various forms of exchange rate targeting ƒ{ faced a rather volatile exchange rate which may have influenced their behaviour. Recently, the shift to ...

    • Expectations in export price formation tests using cointegrated VAR models 

      Boug, Pål; Cappelen, Ådne; Swensen, Anders Rygh (Discussion Papers;No. 283, Working paper, 2000)
      The formation of export prices is an area in which the linear quadratic adjustment cost (LQAC) model under rational expectations may be relevant in practice. This paper evaluates the empirical performance of the LQAC-model ...

    • Identifying structural breaks in cointegrated VAR models 

      Hungnes, Håvard (Discussion Papers;No. 422, Working paper, 2005)
      Abstract: The paper describes a procedure for decomposing the deterministic terms in cointegrated VAR models into growth rate parameters and cointegration mean parameters. These parameters express long-run properties of ...

    • Import price formation and pricing to market: A test on Norwegian data 

      Naug, Bjørn E.; Nymoen, Ragnar (Discussion Papers;No. 157, Working paper, 1995)
      This paper investigates the determinants of Norwegian import prices of manufactures over the period 1970(1) - 1991(4). Multivariate cointegration analysis establishes a long-run relationship between import prices, foreign ...

    • The New Keynesian Phillips curve : does it fit Norwegian data? 

      Boug, Pål; Cappelen, Ådne; Swensen, Anders Rygh (Discussion Papers;No. 652, Working paper, 2011)
      Abstract: We evaluate the empirical performance of the new Keynesian Phillips curve (NKPC) for a small open economy using cointegrated vector autoregressive models, likelihood based methods and general method of moments. ...

    • Price Sensitivity of Residential Energy Consumption in Norway 

      Nesbakken, Runa (Discussion papers; No.232, Working paper, 1998-09)
      The main aim of this paper is to test the stability of the results of a model which focus on the relationship between the choice of heating equipment and the residential energy consumption. The results for the income and ...

    • Rational expectations in price setting. Tests based on Norwegian export prices 

      Svendsen, Ingvild (Discussion Papers;No. 226, Working paper, 1998)
      This paper uses imperfect competition as a basis for modelling the export price for an aggregated commodity produced by the Norwegian private mainland economy. The long run solution is analysed using a cointegration ...

    • Returns to public R&D grants and subsidies 

      Cappelen, Ådne; Raknerud, Arvid; Rybalka, Marina (Discussion papers;740, Working paper, 2013-05)
      We address the question of whether the returns to R&D differ between R&D projects funded by public grants and R&D in general. To answer this question, we use a flexible production function that distinguishes between different ...

    • Self-reinforcing effects between housing prices and credit: an extended version 

      Anundsen, André Kallåk; Jansen, Eilev S. (Discussion papers;756, Working paper, 2013-10)
      The financial crisis has brought the interaction between housing prices and household borrowing into the limelight of economic policy debate. This paper examines the nexus of housing prices and credit in Norway within a ...

    • The effects of R&D tax credits on patenting and innovations 

      Cappelen, Ådne; Raknerud, Arvid; Rybalka, Marina (Discussion Papers;No. 565, Working paper, 2008)
      Abstract: Norwegian business spending on R&D is low by OECD standards. To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN. We analyze the effects of SkatteFUNN on the ...

    • The impact of public R&D support on firms’ patenting 

      Bye, Brita; Klemetsen, Marit Elisabeth; Raknerud, Arvid (Discussion papers;911, Working paper, 2019-07)
      We examine the impact of both R&D tax credits and direct R&D subsidies on Norwegian firms' patenting. Whereas direct subsidies are aimed at projects with low private and high social return, tax credits do not discriminate ...

    • The importance of the distribution sector for exchange rate pass-through in a small open economy. A large scale macroeconometric modelling approach 

      Boug, Pål; Cappelen, Ådne; Eika, Torbjørn (Discussion papers;731, Working paper, 2013-01)
      The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that passthrough is faster to import ...

    • The New Keynesian Phillips Curve for a small open economy 

      Boug, Pål; Cappelen, Ådne; Swensen, Anders Rygh (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 ...