Rawls (1971,1993) suggests that interpersonal comparisons of well-being should be based on a primary goods index, but it is well-known that in general this approach is not compatible with the Pareto principle. This is ...

Bedrifter har fått større mulighet til å samle informasjon om hver enkelt kunde. I dagligvaremarkedet samler kjedene informasjon om hvor og hva vi handler. NorgesGruppen og Coop har i mange år hatt rabattprogrammer hvor ...

Models with imperfect competition and intra-industry trade have become widely accepted as appropriate frameworks within which to analyze the impact of trade liberalization on industrial agglomeration. This paper makes ...

Recently there has been some attention on the issue of industrial clusters and industrial policy claiming that there are arguments in favour of subsidising special industries in order to stimulate industrial agglomeration. ...

Government regulations are often imperfectly enforced by public officials. In this study, we investigate if real-time monitoring of policy outcomes can improve enforcement of existing regulations by exploring the introduction ...

We exploit randomness in college entrance exams in Colombia to study how the placement of answers impacts multiple-choice test results and access to college. Using administrative data, we find that: first, applicants are ...

Cointegration analysis has been used widely to quantify market integration through price arbitrage. We show that total price variability can be decomposed into: (i) magnitude of price shocks; (ii) correlation of price ...

Anticipating the labor market effects of welfare reforms is difficult due to public policy interactions across programs and among household members. Specifically, changes to one program may affect individual take-up of ...

We extend the standard intergenerational mobility literature by modelling individual outcomes as a function of the whole history of parental income, using data from Norway. We find that, conditional on permanent income, ...