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Nasjonalregnskap og konjunkturer: Discussion Papers
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Welfare and growth impacts of innovation policies in a small, open economy
Discussion Papers no. 510
We explore how innovation incentives in a small, open economy should be designed in order to achieve the highest welfare and growth, by means of a computable general equilibrium model with R&D-driven endogenous technological change embodi...
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Adapt or withdraw?
Discussion Papers no. 509
Older workers typically possess older vintages of skills than younger workers, and they may suffer more from technological change. Experienced workers may nevertheless have accumulated human capital making them suitable for adopting new t...
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Driven to drink
Discussion Papers no. 507
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Driven to drink
Discussion Papers no. 507
This paper investigates household purchasing behavior in response to differing alcohol and tobacco taxes near an international border. Our study suggests that large tax differentials near borders induce economically important tax avoidanc...
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Home, sweet home or is it - always?
Discussion Papers no. 506
The question of whether the housing market is efficient or not is posed by an increasing number of economists, policymakers, current homeowners and prospective homebuyers. This article tests the efficiency hypothesis on data from the Norw...
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Home, sweet home or is it - always?
Discussion Papers no. 506
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Pareto-efficient climate agreements
Discussion Papers no. 505
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Pareto-efficient climate agreements
Discussion Papers no. 505
Recent contributions show that climate agreements with broad participation can be implemented as weakly renegotiation-proof equilibria in simple models of greenhouse gas abatement where each country has a binary choice between cooperating...
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Forecasting key macroeconomic variables from a large number of predictors
Discussion Papers no. 504
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Forecasting key macroeconomic variables from a large number of predictors
Discussion Papers no. 504
We use state space methods to estimate a large dynamic factor model for the Norwegian economy involving 93 variables for 1978Q2–2005Q4. The model is used to obtain forecasts for 22 key variables that can be derived from the original varia...
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Does welfare policy affect residential choices?
Discussion Papers no. 503
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Does welfare policy affect residential choices?
Discussion Papers no. 503
This paper studies how changes in welfare benefit levels affect welfare recipients' residential choices. Although several empirical studies have stressed that welfare policy may affect residential choices of welfare recipients, few studie...
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The NOK/euro exhange rate after inflation targeting:
Discussion Papers no. 501
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The welfare cost of market power
Discussion Papers no. 502
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The NOK/euro exhange rate after inflation targeting:
Discussion Papers no. 501
Norway adopted a flexible inflation target in March 2001 following a long period with exchange rate targeting in various forms. The regime shift reverses the causal ordering between changes in the nominal exchange rate and changes in the ...
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