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Is the distribution of income compatible with s stable distribution?
Discussion Papers no. 246
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Optimal oil exploration under climate treaties
Discussion Papers no. 245
In this paper we focus on how an international climate treaty will influence the exploration of oil in Non-OPEC countries. We present a numerical intertemporal global equilibrium model for the fossil fuel markets. The international oil ma...
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Is the distribution of income compatible with s stable distribution?
Discussion Papers no. 246
Mandelbrot (1961) proposed to apply the class of Pareto-Levy distributions - which belong to the Stable distributions - as a framework for modelling income distributions. He also presented theoretic arguments in favor of the Pareto-Levy d...
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ECM-algorithms that converge at the rate of EM
Discussion Papers no 244
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Modelling the demand for imports and domestic output
Discussion Papers no 243
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Labour market rigidities and environmental tax reforms
Discussion Papers no. 242
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Labour market rigidities and environmental tax reforms
Discussion Papers no. 242
The working of the labour market is important for the total welfare effects of tax reforms. This paper analyses, by using a computable general equilibrium model for the Norwegian economy, how different assumptions about labour mobility be...
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The Assumption of equal marginal utility of income
Discussion Papers no. 241
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The Assumption of equal marginal utility of income
Discussion Papers no. 241
In most applied cost-benefit analyses, individual willingness to pay is aggregated without using explicit welfare weights. This can be justified by postulating a utilitarian social welfare function, along with the assumption of equal marg...
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A Behavioral two-sex marriage model
Discussion Papers no. 238
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Are there social limits to growth?
Discussion Papers no. 239
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Status preferences and economic growth
Discussion Papers no. 240
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A Behavioral two-sex marriage model
Discussion Papers no. 238
In this paper we discuss a particular marriage model, i.e., a model for the number of marriages for each age combination as a function of the vectors of the number of single men and women in each age group. The model is based on Dagsvik (...
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Are there social limits to growth?
Discussion Papers no. 239
Hirsch (1976) suggested that as consumption grows, an increasing proportion of the benefits people derive from consumption is due to a status effect. Status is a relative concept that cannot be increased on average; thus it may seem reaso...
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Status preferences and economic growth
Discussion Papers no. 240
This paper examines the implications of status-seeking behavior for long-term growth in a competitive economy. We explore the intuitive hypothesis that the quest for enhanced economic status leads to excessive levels of production and con...
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