• 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 ...
    • 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 ...
    • 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 ...