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Optimal timing of environmental policy
Discussion Papers no. 493
This paper addresses the impact of endogenous technology through research and development (R&D) and learning by doing (LbD) on the timing of environmental policy. We develop two models, the first with technological change through R&D and ...
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Counterintuitive response to tax incentives?
Discussion Papers no. 492
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Counterintuitive response to tax incentives?
Discussion Papers no. 492
A number of European countries changed their tax system in the early 1990s along the lines of the US tax reform act of 1986. After the reforms marginal tax rates were generally lower, and mortgage interest deductions less generous. At the...
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Real appreciation as an automatic channel for redistribution of increased government non-tax revenue
Discussion Papers no. 471
The paper analyses how equilibrium adjustments of the wage rate affect the scope for tax rate reductions when the government experiences an exogenous increase in non-tax revenues. It shows within a stylized model that increased revenue in...
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Designing optimal taxes with a microeconometric model of household labour supply
Discussion Papers no. 475
The purpose of this paper is to present an exercise where we identify optimal income tax rules under the constraint of fixed tax revenue. To this end, we estimate a microeconomic model with 78 parameters that capture heterogeneity in cons...
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Quality adjusted price indexes for discrete goods
Discussion Papers no. 490
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Gini's nuclear family
Discussion Papers no. 491
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Gini's nuclear family
Discussion Papers no. 491
The purpose of this paper is to justify the use of the Gini coefficient and two close relatives for summarizing the basic information of inequality in distributions of income. To this end we employ a specific transformation of the Lorenz ...
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Quality adjusted price indexes for discrete goods
Discussion Papers no. 490
This paper discusses the construction and computation of a quality adjusted price index when the commodities are differentiated products, such as different brands of automobiles and refrigerators. The method we focus on is an extension of...
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Aggregation with price variation and heterogeneity across consumers
Discussion Papers no. 489
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Aggregation with price variation and heterogeneity across consumers
Discussion Papers no. 489
In the aggregation literature, prices and price and income derivatives are often assumed not to vary across consumers. These assumptions may not be fulfilled: prices often vary and consumers are heterogeneous in the way they respond to pr...
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Estimation of earnings- and schooling choice relations
Discussion Papers no. 486
In this paper we develop a full information maximum likelihood method for the estimation of a joint model for the choice of length of schooling and the corresponding earnings equation. The model for schooling is assumed to be an ordered p...
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Simulating labor supply behavior when workers have preferences for job opportunities and face nonlinear budget constraints
Discussion Papers no. 488
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Simulating labor supply behavior when workers have preferences for job opportunities and face nonlinear budget constraints
Discussion Papers no. 488
This paper analyzes the properties of a particular sectoral labor supply model developed in Dagsvik and Strøm (2006). The model is estimated on labor supply data for married women in Norway 1994. In this model, workers have preferences ov...
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Can welfare states outgrow their fiscal sustainability problems?
Discussion Papers no. 487
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