• 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 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 (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 ...
    • 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 programs : an investigation of alternative mechanisms 

      Thøgersen, Øystein (Report, Research report, 2006-05)
      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 ...
    • Internasjonale spill-over effekter av finanspolitikk 

      Thøgersen, Øystein (Rapport, Research report, 2003-12)
      Et hovedtema i den økonomiske debatten i hele OECD-området er virkningene av offentlig budsjettpolitikk sett i sammenheng med sterkt økende byrder i finansieringen av de offentlige pensjonssystemene og tilhørende behov for ...
    • On the ability of the current government to influence its successor’s actions : a note 

      Thøgersen, Øystein (Report, Research report, 2002-07)
      An incumbent policy-maker can influence his successors' actions if current policies alter a state variabel that determines the opportunity set of the successor. Existing literature suggests that public debt is an important ...
    • The risk sharing effects of social security and the stochastic properties of income growth 

      Thøgersen, Øystein (Report, Research report, 2002-12)
      Time-series analyses of output and productivity data suggest that shocks are fairly persistent. This has implications for the intergenerational risk-sharing effects of pay-as-you-go (paygo) social security programs. By ...
    • Social security reforms and early retirement 

      Fehr, Hans; Sterkeby, Wenche Irén; Thøgersen, Øystein (Report, Research report, 2000-09)
      In order to stimulate labor market participation and improve the financial viability of the social security systems, many recent reform proposals in various OECD economies suggest to scale down the non-actuarial parts of ...
    • Synspunkter på den økonomiske politikken i lys av nasjonalbudsjettet for 2003 

      Klovland, Jan Tore; Schjelderup, Guttorm; Thøgersen, Øystein (Rapport, Research report, 2002-10)
      Fremleggelsen av forslaget til statsbudsjett for 2003 og regjeringens drøfting av norsk økonomi og økonomisk politikk i det tilhørende nasjonalbudsjettet (Stortingsmelding nr. 1, 2002-2003) utgjør en god anledning til å ...
    • Synspunkter på den økonomiske politikken i lys av statsbudsjettet for 2004 

      Klovland, Jan Tore; Schjelderup, Guttorm; Thøgersen, Øystein (Rapport, Research report, 2003-10)
      Regjeringens presentasjon av forslaget til statsbudsjett for 2004 og dens drøfting av norsk økonomi og økonomisk politikk i det tilhørende nasjonalbudsjettet (Stortingsmelding nr. 1, 2003-2004) danner utgangspunktet for ...
    • To what extent is capital really internationally mobile? : assessments from a Norwegian perspective 

      Matsen, Egil; Thøgersen, Øystein (Report, Research report, 2002-07)
      While evidence of smooth international interest rate arbitrage suggests that financial centers in various industrial countries are well integrated, it is still not clear whether investment and consumption patterns as well ...