• Did OPEC change its behaviour after the November 2014 meeting? 

      Boug, Pål; Cappelen, Ådne (Peer reviewed; Journal article, 2021)
      We analyse the behaviour of OPEC as a group by formulating a theoretical model that encompasses the perfect competition model and various forms of the imperfect competition model. By confronting the theoretical model with ...
    • Fiscal policy, macroeconomic performance and industry structure in a small open economy 

      Boug, Pål; von Brasch, Thomas Rolf Lydersen Lystad; Cappelen, Ådne; Hammersland, Roger; Hungnes, Håvard; Kolsrud, Dag; Zhulanova Skretting, Julia; Strøm, Birger; Vigtel, Trond Christian (Peer reviewed; Journal article, 2023)
      We analyse how fiscal policy affects both the macroeconomy and the industry structure, using a multi-sector macroeconomic model of the Norwegian economy with an inflation targeting monetary policy. Our simulations show ...
    • Modeling R&D spillovers to productivity: The effects of tax credits 

      von Brasch, Thomas; Cappelen, Ådne; Hungnes, Håvard; Skjerpen, Terje (Peer reviewed; Journal article, 2021)
      How much stimuli that should be attributed to R&D investments crucially depends on how the benefits of R&D reverberate throughout the economy. An extensive literature has found major spillover effects from R&D investments ...
    • The Consumption Euler Equation or the Keynesian Consumption Function? 

      Boug, Pål; Cappelen, Ådne; Jansen, Eilev S.; Swensen, Anders Rygh (Peer reviewed; Journal article, 2020)