All content for topic national accounts and business cycles

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  • Economic Survey 4-2017

    The preliminary seasonally adjusted quarterly national accounts figures (QNA) for the third quarter of 2017 confirm that the cyclical trough was reached about a year ago. Mainland GDP growth has now been higher than trend growth, estimated at just...

  • Child care center staff composition and early child development

    Discussion Papers no. 870

    We estimate effects of child care center staff composition on early child development. During the years our data covers, child care centers in Oslo were oversubscribed, and child care slots were allocated through a lottery.

  • Prices of crude oil rose in November

    The producer price index went up by 3.2 per cent from October to November. This increase was due to a sharp rise in the price of crude oil as well as prices of electricity and basic metals.

  • Still a surplus in the balance of goods and services

    The surplus in the balance of goods and services amounted to NOK 2 billion in the third quarter, as a result of a positive balance of goods of NOK 26 billion and a negative balance of services of NOK 24 billion.

  • The moderate upturn continues

    The turnaround in the economy was driven by a highly expansive fiscal and monetary policy, a weak krone, low wage growth and strong growth in house building. Going forward, house building is expected to curb the economic upturn. Interest rates wil...

  • Productivity dispersion and measurement errors

    Discussion Papers no. 869

    We outline a novel procedure to identify the role of measurement errors in explaining the empirical dispersion in productivity across establishments.

  • Stable growth in mainland GDP

    The seasonally adjusted gross domestic product for mainland Norway increased by 0.6 per cent in the 3rd quarter of 2017. The mainland economy continued at the same growth rate as the two previous quarters.

  • Prices on natural gas pulled up the PPI

    The producer price index (PPI) rose by 2.5 per cent from September to October. The main reason for this was higher prices on natural gas.

  • The Norwegian KLEMS Growth and Productivity Accounts

    Documents 2017/38

    This paper documents the theoretical methodologies and practical compilation procedures for constructing the Norwegian KLEMS database 1997-2014.

  • Exact and inexact decompositions of international price indices

    Discussion Papers no. 868

    Decompositions of international price indices are usually inexact in the sense that the underlying aggregator formula is not exactly reproduced.

  • Total stocks in industry reduces

    Compared with the third quarter of 2016, total stocks in the order-based industry fell by 9.9 per cent in the third quarter of 2017. New orders fell by 3.2 per cent in the same period.

  • Contributions for demography and macroeconomics from immigration towards 2100

    Reports 2017/31

  • Positive signals from manufacturing

    Norwegian industrial managers report a small production increase in the third quarter of 2017, with the expectation of increased production and new orders in the fourth quarter. The general expectations for the fourth quarter of 2017 are also posi...

  • The efficient combination of taxes on fuel and vehicles

    Discussion Papers no. 867

    A tax on fuel combined with tax-exemptions or subsidies for purchase of fuel-efficient vehicles is implemented in many countries to reduce greenhouse gas emissions and other negative externalities from road traffic.

  • Churning in thick labor markets

    Discussion Papers no. 866

    Using a very large comprehensive matched employer-employee panel of the Norwegian workforce (19 million observations), I find a higher likelihood of job change across sectors and occupations, namely labor churning, in populous areas.