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Is there a business cycle component in Norwegian macroeconomic quarterly time series?
Discussion Papers no. 140
Some main Norwegian quarterly macroeconomic time series are decomposed into unobserved components within the framework of structural time series models using UCARIMA models. In the most general case we allow for a stationary cyclical comp...
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Aggregation when markets do not clear
Discussion Papers no. 139
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Project evaluations and decision processes
Discussion Papers no. 137
Cost-benefit analysis have been attacked by many critics because of its implicit ethical assumptions. The normative content of the method is at odds with the common attitude that economists should analyze how to reach given goals, while d...
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Job creation, job destruction and plant turnover in Norwegian manufacturing
Discussion Papers no. 136
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Distributional and behavioural effects of child care subsidies
Discussion Papers no. 135
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Distributional and behavioural effects of child care subsidies
Discussion Papers no. 135
A methodology to describe the distributional and behavioural effects of child care subsidies is presented within a micro simulation framework. We discuss the effects of changing the governmental policy to support families with preschool c...
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Adjusting NNP for instrumental or defensive expenitures
Discussion Papers no. 134
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Adjusting NNP for instrumental or defensive expenitures
Discussion Papers no. 134
In this paper we provide a formal analysis to evaluate the subtraction of defensive expenditures from GDP. We consider expenditures that are used to produce non- market goods as candidates for being subtracted from GDP. It will be demonst...
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R&D, spillovers and performance among heterogenous firms
Discussion Papers no. 133
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R&D, spillovers and performance among heterogenous firms
Discussion Papers no. 133
Empirical research has established that there is a significant, positive relationship between productivity growth and R&D- expenditure at the firm level. Yet, while interesting, the conventional production function approach applied in suc...
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Testing for market power in the Norwegian primary aluminium industry
Discussion Papers no. 132
The hypothesis of market power in the Norwegian primary aluminium industry is tested using plant-level panel data. Economies of scale are found to be present, and Norwegian aluminium plants charge a procyclical price-cost margin that sign...
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Testing for market power in the Norwegian primary aluminium industry
Discussion Papers no. 132
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Carbon taxes and the petroleum wealth
Discussion Papers no. 128
The aim of this paper is to examine the impacts of a global carbon tax on fossil fuel markets. In particular, the effect on the Norwegian, as well as the global, petroleum wealth is studied. Most empirical models of fossil fuel markets ei...
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Estimating price-cost margins and scale economies from a panel of microdata
Discussion Papers no. 130
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Testing rational expectations in vector autoregressive models
Discussion Papers no. 129
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