Now showing items 308-327 of 329

    • Trenger Norge en valutakurspolitikk? 

      Hungnes, Håvard; Isachsen, Arne Jon (CME Working paper series;3/2003, Working paper, 2003)
      Med dette notatet vil vi invitere til en diskusjon om behovet for en valutakurspolitikk i Norge. Er det mulig med en egen valutakurspolitikk? Er det ønskelig med en norsk valutakurspolitikk? Om man på begge disse to ...
    • Ulikhetens pris 

      Isachsen, Arne Jon (CME Working Papers;2/2014, Working paper, 2014)
      Mye av de økonomiske ulikhetene i USA skyldes finansmarkedenes virkemåte, og hvordan toppledere mer generelt har klart å ta ut en stadig økende andel av verdiskapningen, hevder professor Joseph E. Stiglitz i boken The Price ...
    • Uncertainty and the Term Structure of Interest Rates 

      Cross, Jamie L.; Poon, Aubrey; Zhu, Dan (CAMP Working Paper Series;12/2023, Working paper, 2023-10-13)
      We present a new stylized fact about the link between uncertainty and the term structure of interest rates: Unexpectedly heightened uncertainty elicits a lower, steeper, and flatter yield curve. This result is established ...
    • Uro 

      Isachsen, Arne Jon (CME Working paper series;7/2007, Working paper, 2007)
      Aarbeidsnotatet er satt sammen av Månedsbrevet til Arne Jon Isachsen for juli-desember 2007. Månedsbrevet består av 6 ulike artikler.
    • Using Brokerage Commissions to Secure IPO Allocations 

      Fjesme, Sturla Lyngnes; Michaely, Roni; Norli, Øyvind (CCGR Working Paper;4/2010, Working paper, 2010)
      Using data, at the investor level, on the allocations of shares in initial public offerings (IPOs), we document a strong positive relationship between the amount of stock-trading commission and the number of shares an ...
    • Using Entropic Tilting to Combine BVAR Forecasts with External Nowcasts 

      Krüger, Fabian; Clark, Todd E.; Ravazzolo, Francesco (CAMP Working Paper Series;8/2015, Working paper, 2015)
      This paper shows entropic tilting to be a flexible and powerful tool for combining mediumterm forecasts from BVARs with short-term forecasts from other sources (nowcasts from either surveys or other models). Tilting ...
    • Utenrikspolitiske refleksjoner 

      Isachsen, Arne Jon (CME Working paper series;5/2007, Working paper, 2007)
      Aarbeidsnotatet er satt sammen av Månedsbrevet til Arne Jon Isachsen for januar-juni 2007. Månedsbrevet består av 6 ulike artikler.
    • Den vanskelige valutakursen 

      Isachsen, Arne Jon (CME Working paper series;7/2002, Working paper, 2002)
    • Verdens rikeste land 

      Isachsen, Arne Jon (CME Working paper series;6/2006, Working paper, 2006)
      Arbeidsnotatet er satt sammen av Månedsbrevet til Arne Jon Isachsen for januar-juni 2006. Månedsbrevet består av 6 ulike artikler.
    • Voting When the Stakes Are High 

      Andersen, Jørgen Juel; Fiva, Jon H.; Natvik, Gisle J. (CAMP Working Paper Series;8/2013, Working paper, 2013)
      Most theories of voter behavior predict that electoral participation will be higher in elections where more is at stake. We test this prediction by studying how participation is affected by exogenous variation in local ...
    • Washington D.C. - oktober 2001 

      Isachsen, Arne Jon (CME Working paper series;6/2001, Working paper, 2001)
    • What drives oil prices? Emerging versus developed economies 

      Aastveit, Knut Are; Bjørnland, Hilde C.; Thorsrud, Leif Anders (CAMP Working Paper Series;2/2012, Working paper, 2012)
      We analyze the importance of demand from emerging and developed economies as drivers of the real price of oil over the last two decades. Using a factor-augmented vector autoregressive (FAVAR) model that allows us to ...
    • When does an interest path "look good"? Criteria for an appropriate future interest rate path 

      Qvigstad, Jan F. (CME Working paper series;5/2006, Working paper, 2006)
      Svensson (2004) suggested that a monetary policy committee of a central bank (MPC) should “find an instrument-rate path such that projections of inflation and output gap ‘look good’.” Academic literature on monetary ...
    • When Does Cash Matter? 

      Ehling, Paul; Haushalter, David (CCGR Working Paper;6/2011, Working paper, 2011)
      We examine the association between a firm’s cash holdings and its performance. Using a large sample of private companies, we find that the importance of cash for a firm’s performance varies substantially with its size ...
    • Where do they care? The ECB in the media and inflation expectations 

      Larsen, Vegard Høghaug; Maffei-Faccioli, Nicolò; Pagenhardt, Laura (CAMP Working Paper Series;04/2023, Working paper, 2023-05-10)
      This paper examines how news coverage of the European Central Bank (ECB) affects consumer inflation expectations in the four largest euro area countries. Utilizing a unique dataset of multilingual European news articles, ...
    • Who enforces whom? The political economy of the EMU fiscal discipline 

      Campanella, Miriam (CME Working paper series;3/2000, Working paper, 2000)
    • Why Are the Wealthiest So Wealthy? A Longitudinal Empirical Investigation 

      Ozkan, Serdar; Hubmer, Joachim; Salgado, Sergio; Halvorsen, Elin (HOFIMAR Working Paper Series;7/2023, Working paper, 2023)
      We use Norwegian administrative panel data on wealth and income between 1993 and 2015 to study lifecycle wealth dynamics, focusing on the wealthiest households. On average, the wealthiest start their lives substantially ...
    • Why Do Boards Exist? Governance in the Absence of Corporate Law 

      Burkart, Mike; Miglietta, Salvatore; Østergaard, Charlotte (CCGR Working Paper;1/2017, Working paper, 2017)
      We study how owners trade off the costs and benefits of establishing a board in a historical setting, where boards are optional and authority over corporate decisions can be freely allocated across the general meeting, the ...
    • Why Do Voters Dismantle Checks and Balances? Extensions and Robustness. (Online appendix) 

      Acemoglu, Daron; Robinson, James A.; Torvik, Ragnar (CAMP Working Paper Series;2/2013, Working paper, 2013)
      In this online appendix we extend the basic model in the paper in several directions, discuss the robustness of the results, and moreover what new mechanisms our extensions implies as compared to the ones in the basic model.
    • Words are the new numbers: A newsy coincident index of business cycles 

      Thorsrud, Leif Anders (CAMP Working Paper Series;4/2016, Working paper, 2016)
      In this paper I construct a daily business cycle index based on quarterly GDP and textual information contained in a daily business newspaper. The newspaper data is decomposed into time series representing newspaper topics ...