Showing 1 - 10 of 123
In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures that the downstream firms undertake investments which benefit the industry in...
Persistent link: https://www.econbiz.de/10012777494
We empirically analyze how bank lending reacts to monetary policy in the presence of global financial flows. Employing a unique and novel dataset of the funding modes and currency composition of the full population of Norwegian banks in structurally identified regressions, we show that the...
Persistent link: https://www.econbiz.de/10012921278
. In 1887 the mortality rates in Norway were similar to those of developing countries today. During the next 34 years …
Persistent link: https://www.econbiz.de/10012926501
The price-setting behaviour of manufacturing plants is examined using a large panel of monthly surveyed plant- and product-specific prices. The sample shows a high frequency of zero changes, relatively small price changes, and a strong seasonal price-change pattern. The intermittent feature of...
Persistent link: https://www.econbiz.de/10012912424
We analyse all the major sources of direct and indirect R&D subsidies in Norway in the period 2002-2013 and compare …
Persistent link: https://www.econbiz.de/10012912675
The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in winner-take-all situations as fair, independent of...
Persistent link: https://www.econbiz.de/10012915504
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation and investor behavior as adults. The analysis is made...
Persistent link: https://www.econbiz.de/10012919007
top the agenda. It is not difficult to find examples of projects suffering extensive cost overruns. What factors underlie … these overruns? Media coverage might easily give the impression that Norway's oil and gas sector is suffering from a lack of … ability and competence to plan and execute projects to budget. Is this reputation deserved? Does the oil sector perform more …
Persistent link: https://www.econbiz.de/10012978380
We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian Continental Shelf (NCS). A unique and detailed dataset containing data from 109 different fields on the NCS between 1970 and 2015 was employed. A set of 1080 autoregressive distributed...
Persistent link: https://www.econbiz.de/10012979540
. Unlike previous analyses of cost overruns, we analyse projects over a long time period to capture the cyclical effects. We …Development projects in the oil industry often have cost overruns. Through analysis of data from Norwegian development … projects in the petroleum industry, this paper investigates the common effect of business cycle developments on cost overruns …
Persistent link: https://www.econbiz.de/10012979669