Browsing Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway by Subject "JEL classification: H62"
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A welfare state funded by nature and OPEC. A guided tour on Norway's path from an exceptionally impressive to an exceptionally strained fiscal position
(Discussion Papers;No. 464, Working paper, 2006)Large petroleum revenues make Norway an enviable fiscal loner. The fiscal policy rule adopted from 2001 transforms petroleum wealth into foreign assets, and only the real return on the financial fund should be spent annually. ... -
Fiscal sustainability: Must the problem be diminished before we can see it?
(Discussion Papers;No. 499, Working paper, 2007)Abstract: Assessments of fiscal sustainability (FS) problems should be based on present values of government revenues and expenditures over an infinite horizon. The paper shows that realistic assumptions imply that the ... -
Macroeconomic effects of proposed pension reforms in Norway
(Discussion Papers;No. 417, Working paper, 2005)Abstract: Ageing combined with generous welfare state schemes makes the present fiscal policy in Norway unsustainable, despite large government petroleum revenues. We estimate to what extent two suggested reforms of the ... -
Will the Norwegian pension reform reach its goals? : an integrated micro-macro assessment
(Discussion Papers;No. 557, Working paper, 2008)Abstract: The Norwegian pension reform of 2006 intends to (1) improve long run fiscal sustainability by reducing the growth in public old-age expenditures, (2) strengthen labour supply incentives, and (3) maintain the ...