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Validation of structural labor supply model by the elasticity of taxable income
(Discussion papers;738, Working paper, 2013-05)Given that structural labor supply models continue to play a key role in the process of policy design, it is important to validate their capacity to provide reasonable predictions of alternative hypothetical policy options. ... -
Valuation of social capital and environmental externalities
(Discussion Papers;No. 277, Working paper, 2000)The transition from more traditional to modern modes of production has large implications for time allocation, accumulation of social capital, market and non-market production, consumption, as well as for the environmental ... -
Variation in the quality of regional child welfare services
(Discussion Papers, No. 681, Working paper, 2012)While child welfare services of high quality are very important for many children, measuring quality is not a simple task. This paper presents a method for estimating differences in the quality of local child welfare ... -
Vehicle-to-Grid: Impacts on the electricity market and consumer cost of electric vehicles
(Discussion papers;903, Working paper, 2019-04)Higher battery storage capacity in electric vehicles (EV) can potentially serve two purposes: First, the larger the capacity, the less need for inconvenient recharging during long trips. Second, the larger the capacity, ... -
Voting rules and endogenous trading institutions: An experimental study
(Discussion Papers;No. 328, Working paper, 2002)Abstract: This paper reports on recurring laboratory elections in which buyers and sellers choose institutional rules to govern a subsequent trading round. The bid auction (buyers propose prices), offer auction (sellers ... -
Wage and employment effects of payroll taxes and investment subsidies
(Discussion Papers;No. 194, Working paper, 1997)Using a panel of manufacturing plants we study how payroll taxes and investment subsidies affect wages and demand for labor and capital. We exploit the regional subsidy schemes for labor and capital in Norway. Our empirical ... -
Wage and profitability: Norwegian manufacturing 1967-1998
(Discussion Papers;No. 259, Working paper, 1999)Economic theories of imperfectly competitive labour markets predict that wages are linked to profits. In spite of this, profit variables are not explicitly specified in empirical models of wage formation that otherwise are ... -
Wage equations in macro models. Phillips curve versus error correction model determination of wages in large-scale UK macro models
(Discussion Paper;No. 98, Working paper, 1993-08)In this article the implications of implementing either a Phillips curve or an Error Correction type of wage equation in macro models are investigated. First the implications in an small theoretical model is studied. ... -
Ways to project fertility in Europe: Perceptions of current practices and outcomes
(Discussion Paper;No. 929, Working paper, 2020-05)National statistical offices responsible for population projections should regularly evaluate their work. Norway is currently considering changing the way fertility is projected. To establish a solid basis for deciding the ... -
Wealth effects on consumption in financial crises: the case of Norway
(Discussion Papers;No. 616, Working paper, 2010)ABSTRACT: A dynamic consumption function, where consumption in the long run is determined by households’ disposable income and wealth, has been superior to the Euler equation in explaining the development of Norwegian ... -
A wealth tax at work
(Discussion Paper;No. 960, Working paper, 2021-08)Over the past decade, the question of whether and how to tax household wealth has risen to the forefront of policy debates across the world. Norway belongs to only a handful of countries that (still) levy an annual net ... -
Welfare and growth impacts of innovation policies in a small, open economy. An applied general equilibrium analysis
(Discussion Papers;No. 510, Working paper, 2007)We explore how innovation incentives in a small, open economy should be designed in order to achieve the highest welfare and growth, by means of a computable general equilibrium model with R&D-driven endogenous technological ... -
Welfare effects of emission. Taxes in Norway
(Discussion papers;148, Working paper, 1995-09)The welfare effects of introducing taxes on emissions of carbon dioxide is analysed within an empirical general equilibrium model of the Norwegian economy. A CO2 tax regime where we aim at stabilising the CO, emissions at ... -
Welfare effects of proportional taxation: empirical evidence from Italy, Norway and Sweden
(Discussion Papers;No. 171, Working paper, 1996)This paper employs a particular labor supply model to examine the welfare effects from replacing current tax systems in Italy, Norway and Sweden by proportional taxation on labor income. The results show that there are ... -
Welfare effects of tax policy change when there are choice restrictions on labour supply
(Discussion Paper;No. 959, Working paper, 2021-08)Information about individual choices of heterogeneous agents. Results can for example be used to describe the distributional effects of tax policy change, such as the effects on changes in money metric utility – distributions ... -
Welfare effects of trade liberalisation in distorted economies : a dynamic general equilibrium assessment for Norway
(Discussion Papers;No. 251, Working paper, 1999)A disaggregated intertemporal CGE model is used to simulate the welfare effects in Norway of the recently implemented trade reforms including the WTO agreement, the EEA treaty, the EFTA fishery agreement and an anticipated ... -
Welfare effects of VAT reforms: A general equilibrium analysis
(Discussion Papers;No. 343, Working paper, 2003)Abstract: Indirect taxes such as value added taxes (VAT) generate a substantial part of tax revenue in many countries. This paper analyses welfare effects of different reforms in the Norwegian system of indirect taxation. ... -
What are the options for non-OPEC producing countries?
(Discussion Paper;No. 26, Working paper, 1987)This paper discuss medium- and long term strategies for non-OPEC oil producing countries highly dependent on petroleum revenues. First a picture of the international oil market of the 1990s is outlined. Then we look at ... -
What can we learn about household consumption expenditure from data on income and assets?
(Discussion Paper;No. 923, Working paper, 2020-03)A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the ... -
What Causes the Child Penalty? Evidence from Same Sex Couples and Policy Reforms
(Discussion Paper;No. 902, Working paper, 2019-03-29)Women experience significant reductions in labor market income following the birth of children, while their male partners experience no such income drops. This “relative child penalty” has been well documented and accounts ...