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Nasjonalregnskap og konjunkturer: Discussion Papers
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Monetary aspects of business cycles in Norway
Discussion Papers no. 131
Based on the methodology developed by Hodrick & Prescott (1980), it is shown that monetary activity in Norway by no means obeys the cyclical patterns described by Lucas (1983). By constructing annual time series covering monetary data fro...
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The inconsistency of common scales estimators when output prices are unobserved and endogenous
Discussion Papers no. 127
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Do Norwegian firms form extrapolative expectations?
Discussion Papers no. 126
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Do Norwegian firms form extrapolative expectations?
Discussion Papers no. 126
The hypothesis of extrapolative expectations is tested directly using Norwegian microeconomic data on firms' expectations of the prices of own products in domestic and export markets and expectations of demand for own products in domestic...
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Criminometrics, latent variables, panel data, and different types of crime
Discussion Papers no. 124
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On equity and public pricing in developing countries
Discussion Papers no. 123
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Errors in variables and panel data: the labour demand response to permanent changes in output
Discussion Papers no. 125
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On equity and public pricing in developing countries
Discussion Papers no. 123
With address to developing countries, this paper derives some formulae for the optimal price structure for publicly provided private goods. A general equilibrium model is examined, which makes it possible to incorporate features like dist...
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Criminometrics, latent variables, panel data, and different types of crime
Discussion Papers no. 124
A behavioural model of crime is developed and applied to panel data on the number of crimes and clear-ups for the 53 police districts in Norway for the period 1970-78. Data on both total crime and on 12 different types of crime is employe...
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Errors in variables and panel data: the labour demand response to permanent changes in output
Discussion Papers no. 125
This paper examines panel data modelling with latent variables in analyzing log-linear relations between inputs and output of firms. Our particular focus is on (i) the "increasing returns to scale puzzle" for labour input and (ii) the GMM...
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Effective rates of assistance for norwegian industries
Discussion Papers no. 122
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A generalization of Hall's specification of the consumption function
Discussion Papers no. 121
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A generalization of Hall's specification of the consumption function
Discussion Papers no. 121
This paper deals with optimal consumption over time. The starting point is a dynamic utility function which is exponential where the exponent is quadratic in the observable consumption outlays. The approach is shown to be a generalization...
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Effective rates of assistance for norwegian industries
Discussion Papers no. 122
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Utilitarism, equivalence scales and logarithmic utility
Discussion Papers no. 118
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