Nasjonalregnskap og konjunkturer: Discussion Papers

Voting rules and endogenous trading institutions

Discussion Papers no. 328

Publisert: 12. september 2002

The Duhem-Quine thesis and experimental economics

Discussion Papers no. 329

Publisert: 12. september 2002

The Duhem-Quine thesis and experimental economics

Discussion Papers no. 329

Publisert: 12. september 2002

The Duhem-Quine thesis asserts that any empirical evaluation of a theory is in fact a composite test of several interconnected hypotheses. Recalcitrant evidence signals falsity within the conjunction of hypotheses, but logic alone cannot ...

Voting rules and endogenous trading institutions

Discussion Papers no. 328

Publisert: 12. september 2002

This paper reports on recurring laboratory elections in which buyers and sellers choose institutional rules to govern a subsequent trading round. The bid auction (buyers propose prices), offer auction (sellers suggest prices) and double a...

A laboratory stress-test of bid, double and offer auctions

Discussion Papers no. 327

Publisert: 5. september 2002

A laboratory stress-test of bid, double and offer auctions

Discussion Papers no. 327

Publisert: 5. september 2002

This paper reports on the empirical properties of the bid auction (buyers propose prices), offer auction (sellers suggest prices) and double auction (both buyers and seller initiate price quotes). These trading institutions are stress-tes...

Estimating latent total consumption in a household

Discussion Papers no. 324

Publisert: 19. august 2002

This article presents a new way of estimating latent total consumption in a household that may improve the accuracy of studies into permanent income and consumption inequality. While the frequently used total purchase expenditure in a hou...

Consumption inequality in Norway in the 80s and 90s

Discussion Papers no. 325

Publisert: 15. august 2002

This article describes the consumption model and inequality study of Chapter 2 in the author's unpublished Ph.D. dissertation submitted at the Dept. of Economics, University of California, Berkeley. The Norwegian Research Council and Stat...

Fundamental determinants of the long run real exchange rate

Discussion Papers no. 326

Publisert: 14. august 2002

Fundamental determinants of the long run real exchange rate

Discussion Papers no. 326

Publisert: 14. august 2002

Modelling the Norwegian exchange rate against a basket of currencies, we find a robust long-term link between the real exchange rate and real interest differential that is consistent with purchasing power parity (PPP) and uncovered intere...

Consumption inequality in Norway in the 80s and 90s

Discussion Papers no. 325

Publisert: 13. august 2002

Estimating latent total consumption in a household

Discussion Papers no. 324

Publisert: 11. august 2002

Searching for basic consumption patterns

Discussion Papers no. 323

Publisert: 9. august 2002

Searching for basic consumption patterns

Discussion Papers no. 323

Publisert: 9. august 2002

We estimate Engel elasticities of housing expenditures for each independent cross-section of the Consumer Expenditure Surveys in the period 1986-1998, and find that the elasticity remains close to unity for all years. Its mean over the pe...

The political economy of global warming

Discussion Papers no. 322

Publisert: 8. august 2002