Blar i Discussion Papers på emneord "VDP::Social science: 200::Economics: 210"
Viser treff 1-20 av 52
-
A state space approach for estimating VAR models for panel data with latent dynamic components
(Discussion Papers;No. 295, Working paper, 2001)Abstract: The econometric literature offers various modeling approaches for analyzing micro data in combination with time series of aggregate data. This paper discusses the estimation of a VAR model that allows unobserved ... -
A Statistical Model for Simple, Fast and Reliable Measurement of Poverty. A revised version of DP 415
(Discussion Papers;No. 415, Working paper, 2005)Abstract: The primus inter pares of the UN-approved Millennium Development Goals is to reduce poverty. The only internationally accepted method of estimating poverty requires a measurement of total consumption based on ... -
A theory-based measure of the output of the education sector
(Discussion Papers;No. 353, Working paper, 2003)Abstract: The paper estimates the output of the Norwegian higher education sector based on a modification of the methodology introduced by Jorgenson and Fraumeni (JF) (1989). JF measure output in the education sector by ... -
Agricultural production with uncertain water supply
(Discussion Papers;No. 370, Working paper, 2004)Abstract: The purpose of this paper is to develop a framework for analysis of multioutput agricultural production when the supply of water is uncertain. Specifically, we assume that the farmer operates as if the decision ... -
An alternative approach to labor supply modeling : emphasizing job-type as choice variable
(Discussion Papers;No. 550, Working paper, 2008)Abstract: Traditional labor supply analysis is based on the assumption that workers only have preferences over consumption and hours of work, and are able to choose consumption and hours freely within the budget constraint. ... -
Alternative designs for tariffs on embodied carbon. A global cost-effectiveness analysis
(Discussion Papers;682, Working paper, 2012)In the absence of effective world-wide cooperation to curb global warming, import tariffs on embodied carbon have been proposed as a potential supplement to unilateral emissions pricing. We systematically consider alternative ... -
Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
(Discussion Papers;No. 344, Working paper, 2003)Abstract: In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The point of departure is that an ... -
Axiomatization of stochastic models for choice under uncertainty
(Discussion Papers;No. 465, Working paper, 2006)Abstract: This paper develops a theory of probabilistic models for risky choices. Part of this theory can be viewed as an extension of the expected utility theory to account for bounded rationality. One probabilistic ... -
Cash-on-Hand and the duration of job search. Quasi-experimental evidence from Norway
(Discussion Papers;679, Working paper, 2012)We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months' earnings at the ... -
Choice among lotteries when preferences are stochastic
(Discussion Papers;No. 221, Working paper, 1998)Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategies) with uncertain outcomes. The point of departure is an extension of the axiom system of the von Neumann-Morgenstern ... -
Classical identification : a viable road for data to inform structural modeling
(Discussion Papers;No. 562, Working paper, 2008)Abstract: This paper addresses how to enhance the role of data in structural model design by utilizing structural breaks and superfluous information as auxiliary tools of exact identification. To illustrate the procedure ... -
Compensated variation in random utility models
(Discussion Papers;No. 299, Working paper, 2001)Abstract: In this paper we introduce the notion of random expenditure function and derive the distribution of the expenditure function and corresponding compensated choice probabilities in the general case when the ... -
Consumer demand and unobservable product attributes
(Discussion Papers;No. 223, Working paper, 1998)Traditional approaches to consumer demand modelling ignores the problem associated with product heterogeneity where important product characteristics are latent. The point of departure in the present study is a particular ... -
Consumer demand with unobservable product attributes - Part II: inference
(Discussion Papers;No. 167, Working paper, 1996)In this paper we discuss statistical inference associated with the theoretical model developed in Part I. Specifically, we demonstrate how the relationship between the distribution of prices and unit values can be exploited ... -
Cost-effective unilateral climate policy design: Size Matters
(Discussion Papers;No. 664, Working paper, 2011)Abstract: Given the bleak prospects for a global agreement on mitigating climate change, pressure for unilateral abatement is increasing. A major challenge is emissions leakage. Border carbon adjustments and output-based ... -
Credit conditions indices : controlling for regime shifts in the Norwegian credit market
(Discussion Papers;646, Working paper, 2011)The interaction between financial markets and the macroeconomy can be strongly affected by changes in credit market regulations. In order to take account of these effects we control explicitly for regime shifts in a system ... -
The dynamics of a behavioral two-sex demographic model
(Discussion Papers;No. 247, Working paper, 1999)Abstract: In this paper, we examine the dynamic properties of a particular demographic model. An essential part of the model is the marriage function which is derived from assumptions about the behavior of women and men ... -
Estimating the returns to schooling : a likelihood approach based on normal mixtures
(Discussion Papers;No. 567, Working paper, 2008)Abstract: In this paper we develop likelihood based methods for statistical inference in a joint system of equations for the choice of length of schooling and earnings. The model for schooling choice is assumed to be ... -
Explaining experience curves for LNG liquefaction costs: Competition matter more than learning
(Discussion Papers;No. 393, Working paper, 2004)Abstract: In this paper we seek to identify different driving forces behind the fall in LNG liquefaction unit costs. Our focus is on organizational learning including process specific R&D, but we also seek to account for ... -
How do banks' funding costs affect interest margins?
(Discussion Papers;No. 665, Working paper, 2011)Abstract: We use a dynamic factor model and a detailed panel data set with quarterly accounts data on all Norwegian banks to study the effects of banks' funding costs on their retail rates. Banks' funds are categorized ...