Browsing BI Open by Author "Bergholt, Drago"
Now showing items 1-8 of 8
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Climate-related natural disasters, economic growth, and armed civil conflict
Bergholt, Drago; Lujala, Päivi (Journal article; Peer reviewed, 2012)Global warming is expected to make the climate warmer, wetter, and wilder. It is predicted that such climate change will increase the severity and frequency of climate-related disasters like flash floods, surges, cyclones ... -
The decline of the labor share: new empirical evidence
Bergholt, Drago; Furlanetto, Francesco; Maffei Faccioli, Nicolo (Peer reviewed; Journal article, 2022)We use time series techniques to estimate the importance of four main explanations for the decline of the US labor income share: rising firm markups, falling bargaining power of workers, higher investment-specific technology ... -
Foreign shocks
Bergholt, Drago (CAMP Working Papers Series;11/2015, Working paper, 2015)How and to what extent are small open economies affected by international shocks? I develop and estimate a medium scale DSGE model that addresses both questions. The model incorporates i) international markets for firm-to-firm ... -
Foreign Shocks in an Estimated Multi-Sector Model
Bergholt, Drago (CAMP Working Paper Series;4/2014, Working paper, 2014)How are macroeconomic fluctuations in open economies affected by international business cycles? To shed some light on this question, I develop and estimate a medium scale DSGE model for a small open economy. The model ... -
Monetary Policy in Oil Exporting Economies
Bergholt, Drago (CAMP Working Paper Series;5/2014, Working paper, 2014)How should monetary policy be constructed when national income depends on oil exports? I set up a general equilibrium model for an oil exporting small open economy to analyze this question. Fundamentals include an oil ... -
Monetary policy when export revenues drop
Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (CAMP Working Paper Series;04/2022, Working paper, 2022-11)We study how monetary policy should respond to shocks which permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ... -
Monetary policy when export revenues drop
Bergholt, Drago; Røisland, Øistein; Sveen, Tommy; Torvik, Ragnar (Journal article; Peer reviewed, 2023)We study how monetary policy should respond to shocks that permanently alter the steady state structure of the economy. In such a case monetary policy affects not only the short run misallocations due to nominal rigidities, ... -
Sectorial interdependence and business cycle synchronization in small open economies
Bergholt, Drago; Sveen, Tommy (CAMP Working Paper Series;2/2014, Working paper, 2014)Existing DSGE models are not able to reproduce the observed influence of international business cycles on small open economies. We construct a two-sector New Keynesian model to address this puzzle. The set-up takes into ...