Browsing BI Research Centre's Series by Title
Now showing items 316-335 of 338
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Ulikhetens pris
(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
(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 ... -
Unveiling inflation: Oil Shocks, Supply Chain Pressures, and Expectations
(CAMP Working Paper Series;05/2024, Working paper, 2024-07-05)This paper demonstrates that inflation expectations have acted as significant amplifiers of recent global demand and supply shocks, thereby playing a crucial role in maintaining inflation at relatively high levels. This ... -
Uro
(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
(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
(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
(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
(CME Working paper series;7/2002, Working paper, 2002) -
Verdens rikeste land
(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
(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
(CME Working paper series;6/2001, Working paper, 2001) -
What drives oil prices? Emerging versus developed economies
(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
(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?
(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
(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
(CME Working paper series;3/2000, Working paper, 2000) -
Why Are the Wealthiest So Wealthy? A Longitudinal Empirical Investigation
(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
(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)
(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. -
Winners and Losers from Property Taxation
(HOFIMAR Working Paper Series;4/2024, Working paper, 2024-06-21)This paper studies how down-payment requirements for house purchases affect households’ saving and housing decisions, and the implications for macroeconomic policy. Using a quantitative model, we find that households not ...