Discussion Papers
Recent Submissions
-
Identifying Demand Elasticity via Heteroscedasticity: A Panel GMM Approach to Estimation and Inference
(Discussion Papers;1015, Working paper, 2024-10)This paper introduces a panel GMM framework for identifying and estimating demand elasticities via heteroscedasticity. While existing panel estimators address the simultaneity problem, the state-of the-art Feenstra/Soderbery ... -
Measures against carbon leakage. Combining output-based allocation with consumption taxes
(Discussion Papers;1013, Working paper, 2024-06)Countries with ambitious climate targets are concerned about carbon leakage to countries with more lenient or no carbon pricing. A common policy measure against leakage is output-based allocation of emissions allowances, ... -
Optimal Carbon Taxes and Foreign Aid
(Discussion Papers;1012, Working paper, 2024-05)This article explores whether altruistic preferences toward households in poor high-temperature countries stimulate global warming policies within rich low-temperature countries that avoids damage from global warming. ... -
U.S. tight oil supply flexibility - A multivariate dynamic model for production and rig activity
(Discussion Papers;997, Working paper, 2023-02)This paper examines the supply of U.S. LTO from both a theoretical and empirical point of view. The theory model combines endogenous rig activity and stylized reservoir pressure mechanics with the classic Hotelling ... -
Can the acceptance of a carbon tax be increased? The effect of tax revenue recycling and redistribution among households and companies
(Discussion Papers;995, Working paper, 2023-01)Effective carbon taxation is essential to achieving the green transition. However, there is typically stiff opposition to carbon taxation due to perceived or actual adverse equity and other impacts. Hence, a better ... -
Assessing fire hazard in coastal heathlands. Predicted impacts of weather, land use and management
(Discussion Papers;1011, Working paper, 2024-02)Unmanaged and overgrown coastal heathlands represent a substantial fire hazard. We analyse how this hazard in Norwegian coastal heathlands is influenced by weather conditions, land management, and usage. Our analysis ... -
Micro and macro evidence of the relationship between income mobility and taxation
(Discussion Paper;1010, Working paper, 2024-01)How taxation influences income mobility is largely a neglected topic. In this study we discuss the relationship between taxation and income mobility by analyzing both macro and micro data. Administrative register data ... -
The LOTTE system of tax microsimulation models
(Discussion Paper;No. 1009, Working paper, 2023-11)Microsimulation models of the LOTTE system are key tools for tax policy-making in Norway and are extensively used in the budget process. The aim of this paper is to give an overview of the different modules in the LOTTE ... -
Emission pricing and CO2 compensation in the EU. The optimal compensation to the power-intensive and trade-exposed industries for increased electricity prices
(Discussion Paper;No. 1008, Working paper, 2023-10-26)Unilateral CO2 emission reduction can lead to carbon leakage, such as relocation of power-intensive and trade-exposed industries. In the EU emission trading system, these industries are also subjected to higher cost of ... -
To what extent are temperature levels changing due to greenhouse gas emissions?
(Discussion Paper;No. 1007, Working paper, 2023-09-25)Weather and temperatures vary in ways that are difficult to explain and predict precisely. In this article we review data on temperature variations in the past as well possible reasons for these variations. Subsequently, ... -
Long-term effects of school spending. Evidence from exiting cohort size variation
(Discussion Paper;No. 1006, Working paper, 2023-08)This paper investigates the long-term effects of local government education spending on child outcomes, including income, educational attainment, and family formation in adulthood. We propose a novel identification ... -
Reconciling estimates of the long-term earnings effect of fertility
(Discussion Paper;No. 1004, Working paper, 2023-08)This paper presents novel methodological and empirical contributions to the child penalty literature. We propose a new estimator that combines elements from standard event study and instrumental variable estimators and ... -
A new approach to estimating private returns to R&D
(Discussion Paper;No. 1005, Working paper, 2023-08)This paper revisits the estimation of private returns to R&D. In an extension of the standard approach, we allow for endogeneity of production decisions, heterogeneity of R&D elasticities, and asymmetric treatment of ... -
Taxation of the rich and incentives for investments. The case of Norway
(Discussion Paper;No. 1001, Working paper, 2023-05)Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business investments is distorted. This study shows how to redistribute from the richest without distorting investment ... -
Taxation of the rich and the cost of raising tax revenue
(Discussion Paper;No. 1002, Working paper, 2023-05)Taxation of capital income and wealth designed to redistribute from the rich may harm small open economies with a globalized capital market as investments are distorted. This study shows that raising tax revenue by taxing ... -
Emission regulation: Prices, quantities and hybrids with endogenous technology choice
(Discussion Paper;No. 1003, Working paper, 2023-06)This paper examines the investment incentives of market-based regulation, with focus on the technology characteristics the different regulatory schemes tend to incentivize. The firms' technology choice is socially optimal ... -
Controlling for fixed effects in studies of income underreporting
(Discussion Paper;No. 1000, Working paper, 2023-05)The expenditure method of Pissarides and Weber (1989) [Journal of Public Economics, 39 (1), 17- 32) shows how one backs out measure of income underreporting by the self-employed by using food consumption as trace of true ... -
Moving beyond expectations. From cohort-component to microsimulation projections
(Discussion Paper;No. 999, Working paper, 2023-03)Population projections are predominantly made using the cohort-component method (CCM). The opportunities for further development within that framework are limited. Lately, with advances in technical and computational ... -
The importance of escape clauses: Firm response to thin capitalization rules
(Discussion Paper;No. 998, Working paper, 2023-02)Escape clauses, where small firms are exempt from particular tax rules, is a crucial feature of a number of corporate tax schemes, but creates incentives to avoid taxation by manipulating the measures that determine ... -
A probabilistic forecast of the immigrant population of Norway
(Discussion Paper;996, Working paper, 2023-01)We present a probabilistic forecast for the immigrant population of Norway and their Norwegian-born children (“second generation”) broken down by age, sex, and three types of country background: 1. West European countries ...
RSS 2.0