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Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
Discussion Papers no. 344
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A linear demand system within a Seemingly Unrelated Time Series Equation framework
Discussion Papers no. 345
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A linear demand system within a Seemingly Unrelated Time Series Equation framework
Discussion Papers no. 345
We consider a Seemingly Unrelated Time Series Equations framework for the linear Almost Ideal Demand system. The framework is applied to a consumer demand system covering nine non-durable commodities. We test for demand homogeneity within...
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Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
Discussion Papers no. 344
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The point of departure is that an individual’s labor supply dec...
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How to quantify household electricity end-use consumption
Discussion Papers no. 346
Information about total electricity consumption is available for most households. However, the electricity consumption related to different end uses, e.g. space heating, water heating, lighting and services from household appliances are u...
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Welfare effects of VAT reforms
Discussion Papers no. 343
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Parametric aggregation of random coefficient Cobb-Douglas production functions
Discussion Papers no. 342
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Parametric aggregation of random coefficient Cobb-Douglas production functions
Discussion Papers no. 342
A panel data study of parametric aggregation of a production function is presented. A four-factor Cobb-Douglas function with random and jointly normal coefficients and jointly log-normal inputs is used. Since, if the number of micro units...
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Quantifying central hypotheses on Environmental Kuznets Curves for a rich economy
Discussion Papers no. 341
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Quantifying central hypotheses on Environmental Kuznets Curves for a rich economy
Discussion Papers no. 341
We investigate whether the future relationships between several pollutants and per capita income in rich countries may assume the inverted U-forms of Environmental Kuznets Curves (EKC). The emission-augmenting effect of scaling up aggrega...
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The importance of interest rates for forecasting the exchange rate
Discussion Papers no. 340
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The importance of interest rates for forecasting the exchange rate
Discussion Papers no. 340
This study compares the forecasting performance of a structural exchange rate model that combines the purchasing power parity condition with the interest rate differential in the long run, with some alternative models. The analysis is app...
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Measuring the benefits from public services
Discussion Papers no. 339
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A conflict of interests in electricity taxation?
Discussion Papers no. 338
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A conflict of interests in electricity taxation?
Discussion Papers no. 338
In conducting economic policy, governments generally face conflicts in various objectives, e.g. between efficiency and equity. In Norway, one objective of energy politics has been to reduce electricity consumption, and several tax increas...
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