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National accounts and business cycles
All content for topic national accounts and business cycles
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Solid growth in mainland GDP in 2018
The growth in gross domestic product (GDP) in the mainland economy (i.e. excluding the shipping and petroleum sectors) was 0.9 per cent in the 4th quarter of 2018, marking an increase from the previous quarter. This increase is partly attributed t...
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Spillover bias in multigenerational income regressions
Discussion Papers no. 897
Intergenerational persistence estimates are susceptible to several well-documented biases arising from income measurement, and it has become standard practice to construct income measures to mitigate these.
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Buy to let: Investment buyers in a housing search model
Discussion Papers no. 896
This paper explores and explains how buy-to-let investors affect housing price dynamics
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Robustness of the Norwegian wage formation system and free EU labour movement: Evidence from wage data for natives
Discussion Papers no. 895
Norway experienced a high immigration flow after the EEA directive in 2004 stating workers right to free movement within the European Union and EEA-countries.
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Expected activity increase in manufacturing
Norwegian industrial managers report a production level increase as well as growth in the total stocks of orders in the fourth quarter of 2018. The general expectations for the first quarter of 2019 are also positive among most of the industry lea...
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Lower petroleum prices drove the PPI down
The Norwegian PPI dropped 3.5 per cent from November to December. This was caused by lower prices on crude oil, natural gas and refined petroleum products.
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Increased growth in mainland GDP
Growth in the gross domestic product (GDP) for mainland Norway was 0.6 per cent in the three-month period September-November compared with June-August. After a strong growth from September to October, the mainland economy was roughly unchanged bet...
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Is the marginal cost of public funds equal to one?
Discussion Papers no. 893
In a recent article Bas Jacobs found that the marginal cost of public funds (MCF) is one when taxation gives second best resource allocation.
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Effects of higher required rates of return on the tax take in an oil province
Discussion Papers no. 892
For different reasons the oil companies might apply higher required rates of return than they did some years ago, and this will have consequences for investments and tax revenue in oil provinces.
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Collusive tax evasion by employers and employees
Discussion Papers no. 891
Third-party reporting and employers’ tax withholding are powerful compliance mechanisms, as long as the employer and employee do not collude to evade.
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Economic Survey 4-2018
The Norwegian economy is in a moderate cyclical upturn.
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Revisions to the financial accounts
The Norwegian toll bar companies are moved from the non-financial corporation sector to the central government sector.
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Regional variation in healthcare utilization and mortality
Discussion Papers no. 890
Geographic variation in healthcare utilization has raised concerns of possible inefficiencies in healthcare supply, as differences are often not reflected in health outcomes.
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Sound growth in Mainland GDP in October
Growth in the gross domestic product (GDP) for mainland Norway was 0.2 per cent in August to October compared with May to July. GDP for mainland Norway grew 1.0 per cent from September to October.
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Sharp fall in crude oil prices
The producer price index fell for the first time since February 2018. Higher prices on electricity were offset by a substantial fall in the price of crude oil.
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