Discussion Papers
Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc. The views and conclusions are those of the author(s).
Articles, analysis, and publications
2025
Measuring long-run wealth inequality: Empirical results for Norway 1912-2019 Discussion paper 28 October
This paper introduces a framework for estimating long-run series of measures of overall inequality and top wealth shares when data consist of a combination of historical tabulations and modern administrative registers of taxable wealth.
K-Returns to Field of Study Discussion paper 5 September
Financial and quantitative education, such as pursuing a degree in business or economics, should potentially equip individuals with the skills to better allocate their financial resources.
Modeling exchange rate, inflation, and interest rate in a small open economy Discussion paper 29 August
Building on a New Keynesian rational expectations framework, we develop a structural empirical model that jointly determines the real exchange rate, inflation, and the nominal interest rate in a small open economy.
Welfare effects of pension reforms Discussion paper 2 July
This paper investigates the welfare effects of two types of pension reforms aimed at addressing challenges due to aging populations.
Norway’s net-zero emissions target for 2030 Discussion paper 7 May
Norway has positioned itself as a climate policy forerunner by aiming to reach net-zero emissions already by 2030. However, the net-zero ambition is not well-defined, not legally binding, nor substantiated by action plans.
Matching Efficiency and The Composition of the Unemployed Discussion paper 23 April
This paper studies how compositional changes among the unemployed and the matching efficiency in the labor market affects the matching process between establishments and job seekers in Norway.
Nurses' education, employment, and heterogeneous effects of admission Discussion paper 9 April
Shortage of skilled healthcare workers is a global challenge. In this paper, we study applicants to Norwegian nursing programs.
A novel multivariate composite estimator for the Labour Force Survey Discussion paper 7 April
This paper introduces a novel multivariate composite estimator for the Labour Force Survey (LFS). Unlike the univariate composite estimators used in some countries, the multivariate estimator takes into account the different probabilities of transitioning between labour market categories, such as employment, unemployment, or non-participation in the labour force.
Innovation outcomes of public R&D support: A new approach to identifying output additionality Discussion paper 22 January
What difference does government support of business R&D make to the rate of innovation? Addressing this important question has deep theoretical roots and broadening practical applications in OECD countries.
2024
Getting Back on Track: Forecasting After Extreme Observations Discussion paper 18 December
This paper examines the forecast accuracy of cointegrated vector autoregressive models when confronted with extreme observations at the end of the sample period.
Hedonic regression models for housing tax valuation Discussion paper 13 December
Different types of taxation include the market value of housing or housing returns in their tax base, making it essential to obtain accurate and up-to-date assessments of property values.
EU’s carbon border adjustment mechanism CBAM – Industrial effects Discussion paper 12 December
We examine the industrial effects of two measures aimed at mitigating carbon leakage: the EU’s scheduled Carbon Border Adjustment Mechanism (CBAM) and the allocation of free emission allowances.
The role of oil prices in Norwegian petroleum investments Discussion paper 27 November
This paper provides evidence that oil price fluctuations have been an important driver of petroleum investment in Norway.
Macroeconomic and Industry Effects of Supply-Side Climate Policy Discussion paper 11 November
Petroleum-producing countries face unique challenges in meeting global emissions targets. As global petroleum consumption declines, these nations must reallocate resources and phase out a historically profitable industry.
Identifying demand elasticity via heteroscedasticity Discussion paper 11 October
This paper introduces a panel GMM framework for identifying and estimating demand elasticities via heteroscedasticity.