• A crisis not wasted : institutional and structural reforms behind Norway’s strong macroeconomic performance 

      Steigum, Erling; Thøgersen, Øystein (Working paper;50/13, Working paper, 2013-12)
      This paper draws the line between the Norwegian boom-bust cycle and crises in the late 1980s and early 1990s, the succeeding institutional and structural reforms and the strong macroeconomic performance and stability of ...
    • A crisis not wasted : institutional and structural reforms behind Norway’s strong macroeconomic performance 

      Steigum, Erling; Thøgersen, Øystein (Discussion Papers;18/2013, Working paper, 2013-12)
      This paper draws the line between the Norwegian boom-bust cycle and crises in the late 1980s and early 1990s, the succeeding institutional and structural reforms and the strong macroeconomic performance and stability of ...
    • A critical readjustment : Analyzing the regional employment composition in Norway during times of change 

      Gramstad, Emma Hartland; Wærness, Katrine Willumsen (Master thesis, 2016)
      The dramatic fall in the oil price, which started in June 2014, introduced a national debate concerning the future of the petroleum sector in Norway. This thesis examines the sectoral employment composition in Norway, ...
    • A race to the bottom? : a game-theoretic approach to monetary policy interdependence 

      Hole, Andreas; Karlsen, Johannes (Master thesis, 2017)
      The recent low interest regime of most central banks in the world raises several questions. First, it appears that the interest rates may have been too low during periods of recessions. Second, the key policy rates seem ...
    • Assessing the economic effects of the terror attacks on the US in September 2001: growth prospects, trade patterns and the shipping market 

      Midelfart, Karen Helene; Tenold, Stig; Thøgersen, Øystein (Report, Research report, 2002-07)
      Surveying available evidence at the current stage (April 2002), this report argues that the effects of the terror attacks in September 2001 on global business cycle conditions, trade and economic growth were essentially ...
    • Assessing the economic interdependence between states and regions 

      Haaland, Jan Ingvald Meidell; Midelfart, Karen Helene; Thøgersen, Øystein (Report, Research report, 2002-06)
      In this paper we discuss how, and to what extent, the states and regions of the world are linked, and analyse how increased globalisation has affected the type and magnitude of linkages. Issues we address include: what are ...
    • Assessing the effect of moves in the key policy rate : a narrative approach for Norway 

      Johnsen, Herman K. Lange; Bratlie, Johannes (Master thesis, 2016)
      This thesis estimates the effect of the key policy rate on inflation and output for the Norwegian economy. It applies the narrative identification strategy, pioneered by Romer and Romer, to identify monetary policy shocks ...
    • Assessing the effects of early retirement programs 

      Bratberg, Espen; Holmås, Tor Helge; Thøgersen, Øystein (Discussion paper, Working paper, 2000-04)
      We investigate induced retirement effects of the Norwegian early retirement program ”AFP” and emphasize effects caused by relocations of some individuals from disability pension to AFP. Our theoretical model predicts ...
    • Assessing the effects of early retirement programs 

      Bratberg, Espen; Holmås, Tor Helge; Thøgersen, Øystein (Report, Research report, 2000-04)
      We investigate induced retirement effects of the Norwegian early retirement program "AFP" and emphasize effects caused by relocations of some individuals from disability pension to AFP. Our theoretical model predicts that ...
    • Crisis, restructuring and growth : a macroeconomic perspective 

      Almås, Ingvild; Doppelhofer, Gernot; Haatvedt, Jens Christian; Klovland, Jan Tore; Molnár, Krisztina; Thøgersen, Øystein (Report, Research report, 2010-04)
      This report surveys the major aspects of financial crises and the restructuring and growth process of economies in the aftermath of crises, and discusses possible directions for future research in this area. The first ...
    • Designing social security : a portfolio choice approach 

      Matsen, Egil; Thøgersen, Øystein (Discussion paper, Working paper, 2001-10)
      Public social security systems may provide diversification of risks to individuals’ life-time income. Capturing that a pay-as-you-go program (paygo) may be considered as a “quasiasset”, we study the optimal size of the ...
    • Designing social security : a portfolio choice approach 

      Matsen, Egil; Thøgersen, Øystein (Report, Research report, 2001-10)
      Public social security systems may provide diversification of risks to individuals' life-time income. Capturing that a pay-as-you-go program (paygo) may be considered as a "quasi-asset", we study the optimal size of the ...
    • Diversifisering av oljeprisrisiko ved finansielle instrumenter 

      Henriksen, Espen R.; Matsen, Egil; Thøgersen, Øystein (Rapport, Research report, 2000-01)
      Med utgangspunkt i en erkjennelse av at fluktuasjoner i oljeprisen skaper betydelige realøkonomiske problemer for Norge, diskuterer denne rapporten hvordan finansielle instrumenter kan benyttes for å sikre de løpende ...
    • Finanspolitisk regelstyring : mindre fleksibilitet - bedre resultater? 

      Thøgersen, Øystein (Arbeidsnotat, Working paper, 2004-11)
      Normativ teori for optimal finanspolitikk tilsier at skatteratene bør utjevnes over tid. Egenskaper ved de politiske budsjettprosessene skaper imidlertid en tendens til offentlig formuestæring eller gjeldsakkumulasjon som ...
    • Five essays on fiscal policy, intergenerational welfare and petroleum wealth 

      Thøgersen, Øystein (Doctoral thesis, 1994)
    • Fra kinesernes sparing til global vekst 

      Almås, Ingvild; Liane, Gro Karin Mæle; Thøgersen, Øystein (Journal article; Peer reviewed, 2012)
      Kina har i senere år fremstått som verdensøkonomiens primære vekstmotor. Vekstens innhold i form av store handelsoverskudd og svært høye investeringer har skapt vinnere og tapere blant verdens øvrige land og regioner. ...
    • Global uro og norsk idyll: Makroøkonomiske lærdommer og utfordringer etter finanskrisen 

      Doppelhofer, Gernot Peter; Thøgersen, Øystein (Journal article; Peer reviewed, 2014)
      Artikkelen diskuterer hvordan finanskrisen som startet i 2007, påvirket verdensøkonomien generelt og Norge spesielt. En utfordring for innhenting etter krisen er høy offentlig og privat gjeld i mange land, noe som er et ...
    • Habit formation, strategic extremism and debt policy 

      Thøgersen, Øystein; Matsen, Egil (Discussion paper, Working paper, 2007-12)
      We suggest a probabilistic voting model where voters’ preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows ...
    • Habit formation, strategic extremism and debt policy 

      Matsen, Egil; Thøgersen, Øystein (Report, Research report, 2008-06)
      We suggest a probabilistic voting model where voters’ preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows ...
    • Intergenerational risk sharing by means of pay-as-you-go : an investigation of alternative mechanisms 

      Thøgersen, Øystein (Discussion paper, Working paper, 2006-06)
      A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks to individuals’ labor and capital income over the life cycle. By means of illuminating closed form solutions we demonstrate that the ...