BI Research Centre's Series: Recent submissions

Now showing items 81-100 of 329

    • Dutch Disease Dynamics Reconsidered 

      Bjørnland, Hilde C.; Thorsrud, Leif Anders; Torvik, Ragnar (CAMP Working Paper Series;4, Working paper, 2018-02)
      In this paper we develop the first model to incorporate the dynamic productivity consequences of both the spending effect and the resource movement effect of oil abundance. We show that doing so dramatically alters the ...

    • Recommendations for the Sharing Economy: (Re-)Balancing Power 

      Newlands, Gemma Elisabeth Marjorie; Lutz, Christoph; Fieseler, Christian (Research report, 2018)
      This report, ‘Recommendations for the Sharing Economy: (Re-)Balancing Power’, forms one element of a European Union Horizon 2020 Research Project on the sharing economy: Ps2Share ‘Participation, Privacy, and Power in the ...

    • Predicting the Volatility of Cryptocurrency Time–Series 

      Catania, Leopoldo; Grassi, Stefano; Ravazzolo, Francesco (CAMP Working Paper Series;3, Working paper, 2018-02)
      Cryptocurrencies have recently gained a lot of interest from investors, central banks and governments worldwide. The lack of any form of political regu- lation and their market far from being “efficient”, require new forms ...

    • 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 ...

    • Markov Switching Panel with Network Interaction Effects 

      Agudze, Komla Mawulom; Billio, Monica; Casarin, Roberto; Ravazzolo, Francesco (CAMP Working Paper Series;1, Working paper, 2018-01)
      The paper introduces a new dynamic panel model for large data sets of time series, each of them characterized by a series-specific Markov switching process. By introducing a neighbourhood system based on a network ...

    • Residential investment and recession predictability 

      Aastveit, Knut Are; Anundsen, Andr K.; Herstad, Eyo I. (CAMP Working Paper Series;8, Working paper, 2017-12)
      We assess the importance of residential investment in predicting economic recessions for an unbalanced panel of 12 OECD countries over the period 1960Q1–2014Q4. Our approach is to estimate various probit models with di↵erent ...

    • Modelling Occasionally Binding Constraints Using Regime-Switching 

      Binning, Andrew; Maih, Junior (CAMP Working Paper Series;9, Working paper, 2017-12)
      Occasionally binding constraints are part of the economic landscape: for instance recent experience with the global financial crisis has highlighted the gravity of the lower bound constraint on interest rates; mortgagors ...

    • Asymmetric effects of monetary policy in regional housing markets 

      Aastveit, Knut Are; Anundsen, André K. (CAMP Working Paper Series;7, Working paper, 2017-12)
      The responsiveness of house prices to monetary policy shocks depends both on the nature of the shock – expansionary versus contractionary – and on city-specific housing supply elasticities. We test and find supporting ...

    • Residential investment and recession predictability 

      Aastveit, Knut Are; Anundsen, Andre K.; Herstad, Eyo I. (CAMP Working Paper Series;8, Working paper, 2017-12)
      We assess the importance of residential investment in predicting economic recessions for an unbalanced panel of 12 OECD countries over the period 1960Q1–2014Q4. Our approach is to estimate various probit models with di↵erent ...

    • Bayes-Nash Equilibria in Generalized Second Price Auctions with Allocative Externalities 

      Lu, Zongwei; Riis, Christian (CREAM Publications;1/2016, Working paper, 2016)
      In this paper, we investigate an incomplete information model of generalized second price auctions with allocative externalities originating from the heterogeneous match rates of bidders. A novel feature of our model is ...

    • Oil and macroeconomic (in)stability 

      Bjørnland, Hilde C.; Larsen, Vegard H.; Maih, Junior (CAMP Working Paper Series;No. 6/2017, Working paper, 2017-11)
      We analyze the role of oil price volatility in reducing U.S. macroeconomic insta- bility. Using a Markov Switching Rational Expectation New-Keynesian model we revisit the timing of the Great Moderation and the sources of ...

    • Participation in the Sharing Economy 

      Andreotti, Alberta; Anselmi, Guido; Eichhorn, Thomas; Hoffmann, Christian Pieter; Micheli, Marina (Research report, 2017)
      Literature review

    • European Perspectives on Power in the Sharing Economy 

      Newlands, Gemma; Lutz, Christoph; Fieseler, Christian (Research report, 2017)
      This report, ‘European Perspectives on Power in the Sharing Economy’, forms one element of a European Union Horizon 2020 Research Project on the sharing economy: Ps2Share ‘Participation, Privacy, and Power in the Sharing ...

    • Privacy in the Sharing Economy 

      Ranzini, Giulia; Etter, Michael; Lutz, Christoph; Vermeulen, Ivar (Research report, 2017)
      Literature review

    • European Perspectives on Privacy in the Sharing Economy 

      Ranzini, Giulia; Etter, Michael; Vermeulen, Ivar (Research report, 2017)
      This report ‘European Perspectives on Privacy in the Sharing Economy’ forms one element of a European Union Horizon 2020 Research Project on the sharing economy: Ps2Share ‘Participation, Privacy, and Power in the Sharing ...

    • European Perspectives on Participation in the Sharing Economy 

      Andreotti, Alberta; Anselmi, Guido; Eichhorn, Thomas; Hoffmann, Christian Pieter; Jürss, Sebastian; Micheli, Marina (Research report, 2017)
      Recent analyses have indicated a rising share of Europeans participating in the sharing economy (Eurobarometer, 2016). However, few studies have delved deeply into the distinctions between those participating in the sharing ...

    • Power in the Sharing Economy 

      Newlands, Gemma; Lutz, Christoph; Fieseler, Christian (Research report, 2017)
      Literature review

    • Asset returns, news topics and media effects 

      Høghaug Larsen, Vegard; Thorsrud, Leif Anders (CAMP;5, Working paper, 2017-09-19)
      We decompose the textual data in a daily Norwegian business newspaper into news topics and investigate their predictive and causal role for asset prices. Our three main findings are: (1) a one unit innovation in the news ...

    • Norges Bank Watch 2017: An independent Evaluation of Monetary Policy in Norway 

      Bruce, Erik; Sveen, Tommy (Norges Bank Watch;2017, Research report, 2017-02)

    • Norges Bank Watch 2016: An Independent Evaluation of Monetary Policy in Norway 

      Bruce, Erik; Gottfries, Nils; Lommerud, Kjell Erik (Norges Bank Watch;2016, Research report, 2016-03)