Discussion papers (FOR)
Recent Submissions
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Wealth Taxation: The Key to Unlocking Capital Gains
(Discussion paper;10/24, Working paper, 2024-09-30)We study how wealth taxes affect portfolio choice in the presence of a realization-based tax on capital gains. We develop a two-period model with heterogeneous investors. Capital gains taxations distort portfolio choice ... -
Compact contenders? Investigating cost competitiveness requirements of small modular nuclear reactors and their potential impact on the European energy system
(Discussion paper;9/24, Working paper, 2024-09-24)Europe is currently in the process of executing a strategy to increase the share of renewable energy in its electricity mix. However, concerns about energy system instability, higher transmission costs, and energy security ... -
Gender Differences in Tax Evasion: Evidence from Norwegian Administrative Data
(Discussion paper;8/24, Working paper, 2024-06-18)Using the expenditure approach and administrative data on third-party reported donations, we estimate tax evasion by gender. While men are more prone to risk taking, we find no evidence of this transferring to income ... -
Joint Forecasting of Salmon Lice and Treatment Interventions in Aquaculture Operations
(Discussion paper;7/24, Working paper, 2024-05-27)The need for joint forecasting of parasitic lice and associated preventative treatments stems from large monetary losses associated with such treatments, and the distribution of potential future treatments can be used in ... -
Business model digitalization, competition, and tax savings
(Discussion paper;6/24, Working paper, 2024-03-13)We examine the effect of business model digitalization on competition and how corporate tax savings through digitalization may augment this relationship. Global policymakers express concern that digitalization-related tax ... -
A Distributional Robust Analysis of Buyback and Cap-and-Trade Policies
(Discussion paper;5/24, Working paper, 2024-02-20)This study delves into a dynamic Stackelberg game comprised of a manufacturer and a retailer, operating in an environment with fluctuating demand and price-dependent consumer behavior. The multi-period optimization challenges ... -
Tax Complexity as Price Discrimination
(Discussion paper;4/24, Working paper, 2024-02-05)Most tax systems around the world are highly complex. While several economists have studied the potential costs associated with tax complexity, few have explored if complexity can also have beneficial effects. In a novel ... -
Climate Policy and Trade in Polluting Technologies
(Discussion paper;3/24, Working paper, 2024-01-30)This paper studies international trade in equipment used in the combustion of fossil fuels. Informed by a theoretical analysis, we identify a type of technology leakage hitherto unexplored in the literature: a country’s ... -
Time Horizons and Emissions Trading
(Discussion paper;2/24, Working paper, 2024-01-23)We study dynamic cap-and-trade schemes in which a policy of adjustable allowance supply determines the cap on emissions. Focusing on two common supply policies, price and quantity mechanisms, we investigate how the duration ... -
Forecasting price spikes in day-ahead electricity markets: techniques, challenges, and the road ahead
(Discussion paper;1/24, Working paper, 2024-01-17)Due to the increase in renewable energy production and global socioeconomic turmoil, the volatility in electricity prices has considerably increased in recent years, leading to extreme positive and negative price spikes ... -
Guarantees of Origin and Competition in the Spot Electricity Market
(Discussion paper;24/23, Working paper, 2023-12-15)We study the effect of introducing a market for green energy attributes on the market for the energy itself. In Europe, renewable energy producers receive Guarantees of Origin (GOs) that they can sell to consumers who wish ... -
Matched Dispatching in Randomized Settings
(Discussion paper;23/23, Working paper, 2023-12-11)This paper examines some problems of matched dispatching in some different random settings. The context of presentation is that of a reality show with a lineup of the participants, and according to some probabilistic ... -
Lost in Information: National Implementation of Global Tax Agreements
(Discussion paper;22/23, Working paper, 2023-11-13)In unparalleled international coordination, more than 100 countries adopted the Common Reporting Standard (CRS), committing to automatically exchange information on citizens’ foreign financial assets. We study how heterogeneity ... -
Home bias in shareholder voting
(Discussion paper;21/23, Working paper, 2023-11-10)Institutional investors’ proxy voting decisions are influenced by their geographic proximity to portfolio firms. Using a sample of over 50 million votes cast by U.S. and non-U.S. investors globally, I find that investors ... -
Unraveling Coordination Problems
(Discussion paper;20/23, Working paper, 2023-11-09)The interplay between strategic beliefs and policy complicates policy design in coordination games. To untangle this relationship, we study policy design in the context of equilibrium selection. We characterize the unique ... -
Evaluating Norway’s electric vehicle incentives
(Discussion paper;19/23, Working paper, 2023-11-08)We use product-level data from 2000 to 2021 to evaluate Norway’s incentives for consumers to choose electric vehicles. These include taxes on fossil fuels, EV exemption from car purchase taxes, and other incentives, like ... -
Time and frequency dynamics of connectedness between green bonds, clean energy markets and carbon prices
(Discussion paper;18/23, Working paper, 2023-11-07)In this paper, we investigate the time and frequency dynamics of connectedness among green assets such as green bonds, clean energy markets, and carbon prices. Using daily price data, we explore return spillovers across ... -
Hidden semi-Markov models for rainfall-related insurance claims
(Discussion paper;17/23, Working paper, 2023-11-06)We analyze the temporal structure of a novel insurance dataset about home insurance claims related to rainfall-induced damage in Norway, and employ a hidden semi-Markov model to capture the non-Gaussian nature and temporal ... -
Optimization-based Evacuation on Cruise Vessels Using Two-way Communication
(Discussion paper;16/23, Working paper, 2023-10-31)We study the evacuation of large cruise vessels under hazardous conditions. Based on a new sensor mesh technology, allowing wire-less two-way communication also when electricity is lost, we propose an optimization-based ... -
Intuitive probability of non-intuitive events
(Discussion paper;15/23, Working paper, 2023-09-29)Quantitative probability in the subjective theory is assumed to be finitely additive and defined on all the subsets of an underlying state space. Functions from this space into an Euclidian n-space create a new probability ...