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NORA — A Microfounded Model for Fiscal Policy Analysis in Norway
This document describes NORA, a microfounded model for fiscal policy analysis in Norway. The model is based on relatively standard dynamic stochastic general equilibrium (DSGE) models of the type used in many central banks and international policy institutions. The standard framework is however modified considerably to allow for a realistic analysis of the general equilibrium effects of fiscal policy on the Norwegian economy.
Assessment of Possible Models for a New AFP Scheme in the Private Sector
The current AFP scheme in the private sector is a collectively bargained benefit provided as a lifelong supplement to the old-age pension from the National Insurance Scheme. The scheme has a fundamental weakness: eligibility for AFP is tied to strict seniority requirements at the time of retirement, rather than to total years spent in an AFP-covered firm throughout the individual’s working career.
Salmon price in the period of August 17th – August 23rd
In the period of August 17th – August 23rd the export price of fresh salmon came to NOK 73.52 per kilo, up 1.2 per cent compared to the previous seven-day period.
Tax Cuts versus Profit Shifting Regulations
The literature highlights the importance of international coordination in both corporate tax rates and regulations governing profit shifting to ensure the effective taxation of multinational firms.
