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Nasjonalregnskap og konjunkturer: Discussion Papers
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The welfare cost of market power
Discussion Papers no. 502
The market power of firms in intermediate good markets is found to generate a substantial welfare cost. Markup pricing of intermediate good firms contributes to increase the wedge between the marginal product of labor and the wage rate re...
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The new Keynesian Phillips Curve revisited
Discussion Papers no. 500
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The new Keynesian Phillips Curve revisited
Discussion Papers no. 500
Recently, several authors have questioned the evidence claimed by Galí and Gertler (1999) and Galí, Gertler and López-Salido (2001) that a hybrid version of the New Keynesian Phillips Curve approximates European and US inflation dynamics ...
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Fiscal sustainability
Discussion Papers no. 499
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Fiscal sustainability
Discussion Papers no. 499
Assessments of fiscal sustainability (FS) problems should be based on present values of government revenues and expenditures over an infinite horizon. The paper shows that realistic assumptions imply that the growth rate of government exp...
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On the definition and measurement of chronic poverty
Discussion Papers no. 497
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Measuring income inequality under restricted interpersonal comparabilit
Discussion Papers no. 498
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On the definition and measurement of chronic poverty
Discussion Papers no. 497
As an alternative to the conventional methods for measuring chronic poverty, this paper proposes an interpersonal comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the...
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Measuring income inequality under restricted interpersonal comparabilit
Discussion Papers no. 498
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Social interaction effects in disability pension participation
Discussion Papers no. 496
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Social interaction effects in disability pension participation
Discussion Papers no. 496
We estimate the magnitude of social interaction effects in disability pension participation among older workers in Norway. Specifically, we investigate how a worker's propensity to draw disability benefits is affected by a plausibly exoge...
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Incentives and quota prices in an emission trading scheme with updating
Discussion Papers no. 495
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The export of Russian gas to Europe
Discussion Papers no. 494
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The export of Russian gas to Europe
Discussion Papers no. 494
Having exports from more than one Russian gas producer has been an important issue in the Russian–EU energy dialogue during the last decade. Nevertheless, in June 2006, Russian Federal law legalized the de facto export monopoly of Gazprom...
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Optimal timing of environmental policy
Discussion Papers no. 493
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