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National accounts and business cycles
All content for topic national accounts and business cycles
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Health expenditure accounts for more than 10 per cent of GDP
Preliminary figures show that Norway’s current health expenditure was NOK 326 billion in 2016. Measured per capita, the health expenditure is about NOK 62 000; an increase of NOK 2 000 from 2015.
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Slightly brighter times ahead
The fall in investments in the petroleum industry is waning, exports are increasing and private demand is picking up. These factors combined will soon lead to a cautious upturn in the Norwegian economy. Following a considerable decline last year, ...
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Phasing out coal and phasing in renewables – good or bad news for arctic gas producers?
Discussion Papers no. 856
This paper examines to what extent downscaling of global coal based electricity generation encourages gas demand and affects regional activity in gas production, with emphasis on the arctic regions.
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Closing the gender gap in pensions. A microsimulation analysis of the Norwegian NDC pension system
Discussion Papers no. 855
In this paper we use an advanced micro-simulation model to study the distributional effects of the reformed Norwegian pension system with a particular focus on gender equality.
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Changes in inventories in the Norwegian National Accounts
Documents 2017/13
Changes in inventories in the Norwegian National Accounts (NNA) are estimated as a residual in the supply and use tables.
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The importance of a financial accelerator in the enterprise sector
Reports 2016/44
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Emissions from Norwegian economic activity, 1990-2015
In 2015, greenhouse gas emissions per produced NOK were at about the same level as the previous year. 2015 is the first year since 2010 that the emission intensities have not decreased.
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The wealth of Norwegian raw oil and natural gas: 1970-2015
Reports 2016/37
Based mainly on national accounts statistics, and supplemented with experts’ prediction about the expected profiles of production and price for raw oil, natural gas and the LNG, this paper makes estimation of the Norwegian oil and gas wealth for t...
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Economic Survey 4-2016
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The path of labor supply adjustment: Sources of lagged responses to tax-benefit reforms
Discussion Papers no. 854
The standard static labor supply model ignores that it takes time for individuals to adjust to a tax-benefit reform.
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Two-year oil-driven downturn may come to an end
A reduced decline in investments in the petroleum industry and somewhat higher growth in exports, mainland business investment and consumption are expected to lead to greater economic growth and slightly lower unemployment. Growth in house prices ...
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Heterogeneity of the Carnegie Effect
Discussion Papers no. 853
The Carnegie effect (Holtz-Eakin, Joualfaian and Rosen, 1993) refers to the idea that inherited wealth harms recipient’s work efforts, and possesses a key role in the discussion of taxation of intergenerational transfers.
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MPC heterogeneity and household balance sheets
Discussion Papers no. 852
Using Norwegian administrative data, we study how sizable lottery prizes affect household expenditure and savings.
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Problematic response margins in the estimation of the elasticity of taxable income
Discussion Papers no. 851
The elasticity of taxable income (ETI) is known to represent a summary measure of tax efficiency costs, which means that further information about the behavioral components of the ETI is not required for its use in tax policy design.
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Multigenerational persistence: Evidence from 146 years of administrative data
Discussion Papers no. 850
This paper uses Norwegian census data on occupational associations among grandfathers, fathers and sons from 1865 to 2011 and finds significant grandparental influence throughout the period.
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