Nasjonalregnskap og konjunkturer

Car ownership decisions in norwegian households

Discussion Papers no. 116

Publisert: 27. mai 1994

In this paper, household's decisions regarding how many private cars to own are analyzed. The analysis is based on a particular multinominal logit type formulation that is consistent with a Stone-Geary utility function. The model is estim...

The future burden of public pension benefits

Discussion Papers no. 115

Publisert: 27. mai 1994

The microsimulation model MOSART is used to analyse the long run development in disability and old-age pensions covered by the Norwegian National Insurance System. The number of pensioners will increase relative to the number of workers, ...

A macromodel of local government spending behaviour in Norway

Discussion Papers no. 117

Publisert: 27. mai 1994

A cooperative bargaining model is adapted to the setting of local government in Norway. Aggregate consumption, the capital stock and net financial wealth in the local public sector are endogenized. The origin of intertia in the model is a...

Correlated measurement errors, bounds and parameters, and a model of producer behaviour

Discussion Papers no. 112

Publisert: 11. mai 1994

Does improved environmental policy enchance economic growth?

Discussion Papers no. 114

Publisert: 11. mai 1994

Car ownership and private car use

Discussion Papers no. 113

Publisert: 11. mai 1994

Foreign control and Norwegian manufacturing performance

Discussion Papers no. 111

Publisert: 11. mai 1994

Car ownership and private car use

Discussion Papers no. 113

Publisert: 11. mai 1994

In this paper we analyze household's car ownership and private car use decisions in a model proposed by de Jong (1990). The model, which incorporates variable and fixed costs of car use, can be used to predict the effects of changes in po...

Foreign control and Norwegian manufacturing performance

Discussion Papers no. 111

Publisert: 11. mai 1994

The intangible asset theory of foreign direct investment holds that firms expand abroad to garner additional returns to intangible assets such as proprietary process or product technology or a strong reputation. I explore Norwegian manufa...

Correlated measurement errors, bounds and parameters, and a model of producer behaviour

Discussion Papers no. 112

Publisert: 11. mai 1994

We examine estimation of a model of producer behavior in the presence of correlated measurement errors in the regressors. Scale economies and price-cost margins are estimated from a set of panel data for manufacturing plants. The paper pr...

The volatility of oil wealth under uncertainty about parameter values

Discussion Papers no. 110

Publisert: 21. april 1994

The volatility of oil wealth under uncertainty about parameter values

Discussion Papers no. 110

Publisert: 21. april 1994

Aslaksen et al. (1990) concluded that the petroleum wealth of Norway, and hence the permanent income from petroleum extraction, was as uncertain as the yearly oil revenues. Their conclusion was based on wealth estimates using official pri...

Investment and financial constraints

Discussion Papers no. 109

Publisert: 18. mars 1994

Precautionary saving and old-age pensions

Discussion Papers no. 108

Publisert: 18. mars 1994

Precautionary saving and old-age pensions

Discussion Papers no. 108

Publisert: 18. mars 1994

A precautionary saving model is extended to include old-age pensions and provides the framework for an empirical analysis of the relation between old-age pensions and private consumption. Norwegian macro-data for socioeconomic groups of h...