Research area

Microeconomics

News about microeconomics

  • Jobber man mindre etter å ha arvet penger?

    Savings

    Published:

    Forskning viser at jo større arven er, jo større er nedgangen i arbeidsinntekten. Personer som arver mer enn en gjennomsnittlig årslønn, har ofte en nedgang i arbeidsinntekten på 7-10 prosent i årene etter mottatt arv.

  • Comparison of income growth and growth in pension payments

    Pensions

    Published:

    How does the income growth towards the end of a person’s working life compare with the growth in pension? It is important to analyse this in order to determine how the pension system should be regulated in the future.

  • Good girl – bad boy. Making identity statements when answering a questionnaire

    Consumer behaviour

    Published:

    Environmental policy analyses often draw on stated preferences, with most humans having strong preferences with respect to how we view ourselves and how we would like others to perceive us. This may create systematic differences between reported and real behaviour, making policy analysis based on stated preferences difficult. In this paper, researcher Bente Halvorsen models how social and moral norms and the image we would like to project affect reported and actual behaviour.

  • Self-delusion in the pursuit of happiness

    Consumer behaviour

    Published:

    Dag Einar Sommervoll explores how repeated revisions of consumption plans increase long-run utility in a Discussion Paper. If agents value present anticipations of future consumption, some revisions may be viewed as a benign form of self-delusion.

  • Homework and pupil achievement in Norway

    Economics of education

    Published:

    A report by Marte Rønning shows that pupils from lower socio-economic backgrounds are more likely to spend no time on homework than pupils from higher socio-economic backgrounds. The report also shows a positive effect of homework on average. However, not all pupils seem to benefit from homework.

  • Non-parametric identication of the mixed proportional hazards model with interval-censored durations

    Econometric methods and microeconometrics

    Published:

    A Discussion Paper by Christian Brinch presents identication results for the mixed proportional hazards model when duration data are interval-censored. Earlier positive results on identication under intervalcensoring require both parametric specication on how covariates enter the hazard functions and assumptions of unbounded support for covariates. New results provided here show how one can dispense with both of these assumptions.

  • Indirect inference methods for stochastic volatility models

    Econometric methods and microeconometrics

    Published:

    A Discussion Paper by Arvid Raknerud and Øivind Skare aims to develop new methods for statistical inference in a class of stochastic volatility models for financial data based on non-Gaussian Ornstein-Uhlenbeck (OU) processes.