Blar i Discussion Papers på forfatter "Cappelen, Ådne"

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    • 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 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 ...

    • The New Keynesian Phillips Curve revisited 

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

    • Understanding the productivity slowdown The importance of entry and exit of workers 

      Brasch, Thomas von; Cappelen, Ådne; Iancu, Diana-Cristina (Discussion papers;818, Working paper, 2015-09)
      Many OECD countries have experienced a slowdown in measured labour productivity from 2005 and onwards. Norway is no exception in this respect. Most countries use a simple aggregate of hours worked when measuring labour ...