• Bollinger champagne 

      Isachsen, Arne Jon (CME Working Papers;1/2013, Working paper, 2013)
      Dette arbeidsnotatet består av fjorårets seks siste arbeidsnotater og sommerbrevet til Arne Jon Isachsen. Bollinger Champagne Sommer, sol og sykkel Ugreit i Euroland Hva pengepolitikk ikke kan levere ...
    • Boom or gloom? Examining the Dutch disease in a two-speed economy 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders (CAMP Working Paper Series;6/2013, Working paper, 2013)
      Traditional studies of the Dutch disease do not typically account for productiv- ity spillovers between the booming energy sector and non-oil sectors. This study identifies and quantifies these spillovers using a Bayesian ...
    • Boom or Gloom? Examining the Dutch Disease in Two-Speed Economies 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders (CAMP Working Paper Series;6/2014, Working paper, 2014)
      Traditional studies of the Dutch disease do not account for productivity spillovers between the booming resource sector and other domestic sectors. We put forward a simple theory model that allows for such spillovers. ...
    • Borgerlønn: en samfunnsøkonomisk analyse 

      Dalen, Dag Morten; Moen, Espen R. (CREAM Publications;4/2010, Working paper, 2010)
      Borgerlønn har hatt en rekke talsmenn blant filosofer, samfunnsvitere og politikere, som med ulike begrunnelser og politisk ståsted har tatt til orde for ordninger som skal sikre alle en viss minsteinntekt. I alle ...
    • Business Cycle and Health Dynamics during the COVID-19 Pandemic. A Scandinavian Perspective 

      Bjørnland, Hilde C.; Jensen, Malin C.; Thorsrud, Leif Anders (CAMP Working Paper Series;15/2023, Working paper, 2023-12-21)
      We use a unique daily economic activity measure and manually audited nonpharmaceutical intervention indexes for Norway and Sweden to model the dynamic interaction between COVID-19, policy, health, and business cycles within ...
    • Business cycle narratives 

      Larsen, Vegard H.; Thorsrud, Leif Anders (CAMP Working Paper Series;6, Working paper, 2018-04)
      This article quantifies the epidemiology of media narratives relevant to business cycles in the US, Japan, and Europe (euro area). We do so by first constructing daily business cycle indexes computed on the basis of the ...
    • Can China's growth trajectory be sustained? 

      Bottelier, Pieter; Fosler, Gail (CME Working paper series;6/2007, Working paper, 2007)
      This report explores the factors that appear to be driving China’s turbocharged growth of recent years and the extent to which some internal imbalances and the trade surplus have created a “fly-wheel” effect that represents ...
    • Canada Goose 

      Isachsen, Arne Jon (CME Working paper series;3/2006, Working paper, 2006)
      Reisebrev fra Kina, desember 2005 av Arne Jon Isachsen. Først i Shanghai hvor undervisning av kinesiske studenter og samtaler med kinesisk LO stod på tapetet. Deretter til Beijing hvor drøftelser med økonomer i Kinas ...
    • Changing supply elasticities and regional housing booms 

      Aastveit, Knut Are; Albuquerque, Bruno; Anundsen, André (CAMP Working Paper Series;04/2019, Working paper, 2019-06-18)
      Recent developments in US house prices mirror those of the 1996-2006 boom, but the recovery in construction activity has been weak. Using data for 254 US metropolitan areas, we show that housing supply elasticities have ...
    • China's revival 

      Isachsen, Arne Jon (Working Paper Series;1/2009, Working paper, 2009)
      The purpose of this paper is to reflect on China's unique economic experience over the last three decades. What lessons can be learned from China’s blend of visible central guidance at the macro level and fierce competition ...
    • China’s Savings Multiplier 

      Mehlum, Halvor; Torvik, Ragnar; Valente, Simone (CAMP Working Paper Series;4/2013, Working paper, 2013)
      China’s growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings. In this paper we develop a model with the aim of explaining why savings rates have been high and ...
    • Climate Risk and Commodity Currencies 

      Kapfhammer, Felix; Larsen, Vegard H.; Thorsrud, Leif Anders (CAMP Working Paper Series;10/2020, Working paper, 2020-12-03)
      The positive relationship between real exchange rates and natural resource income is well understood and studied. However, climate change and the transition to a lower-carbon economy now challenges this relationship. We ...
    • Commodity Futures and Forecasting Commodity Currencies 

      Ravazzolo, Francesco; Sveen, Tommy; Zahiri, Sepideh K. (CAMP Working Paper Series;7/2016, Working paper, 2016)
      This paper analyzes the extent to which information in commodity futures markets is useful for out-of-sample forecasting of commodity currencies. In the earlier literature, commodity price changes are documented to be weak ...
    • Commodity prices and fiscal policy design: Procyclical despite a rule 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders (CAMP Working Paper Series;5/2015, Working paper, 2015)
      We analyse if the adoption of a fiscal spending rule insulates the domestic economy from commodity price fluctuations in a resource-rich economy. To do so we develop a time-varying Dynamic Factor Model, in which we allow ...
    • Common Trends and Country Specific Heterogeneities in Long-Run World Energy Consumption 

      Chang, Yoosoon; Choi, Yongok; Kim, Chang Sik; Miller, J. Isaac; Park, Joon Y. (CAMP Working Paper Series;01/2024, Working paper, 2024-01-11)
      We employ a semiparametric functional coefficient panel approach to allow an economic relationship of interest to have both country-specific heterogeneity and a common component that may be nonlinear in the covariate and ...
    • Comparing the Forecasting Performances of Linear Models for Electricity Prices with High RES Penetration 

      Gianfreda, Angelica; Ravazzolo, Francesco; Rossini, Luca (CAMP Working Paper Series;2, Working paper, 2018-01)
      This paper compares alternative univariate versus multivariate models, probabilistic versus Bayesian autoregressive and vector autoregressive specifications for hourly day-ahead electricity prices, with and without ...
    • Competition with local network externalities 

      Fjeldstad, Øystein D.; Riis, Christian; Moen, Espen R. (CREAM Publications;10/2010, Working paper, 2010)
      Local network externalities are present when the utility of buying from a firm not only depends on the number of other customers (global network externalities), but also on their identity and / or characteristics. We ...
    • Components of Uncertainty 

      Larsen, Vegard Høghaug (CAMP Working Paper Series;4/2017, Working paper, 2017)
      Uncertainty is acknowledged to be a source of economic fluctuations. But, does the type of uncertainty matter for the economy's response to an uncertainty shock? This paper offers a novel identfication strategy to ...
    • Corporate finance and governance in firms with limited liability: Basic characteristics 

      Berzins, Janis; Bøhren, Øyvind; Rydland, Pål (CCGR Research Report, Research report, 2008)
      We analyze a wide range of corporate finance and governance characteristics in all active Norwegian firms with limited liability over the period 1994-2005. This sample includes about 77,000 nonlisted (private) firms and ...
    • Corporate Governance Before There Was Corporate Law 

      Ostergaard, Charlotte; Smith, David C. (CCGR Working Paper;3/2011, Working paper, 2011)
      We study 79 sets of bylaw provisions adopted by Norwegian corporations in a free contracting environment before Norway got its first corporate law. The firms in our sample are publicly traded companies in the period ...