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This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...
Persistent link: https://www.econbiz.de/10014394533
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well … monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We infer …
Persistent link: https://www.econbiz.de/10014412044
This paper describes a small macroeconomic model based on a representative industrial-country block of MULTIMOD, the IMF’s multi-country simulation model. REPMOD is designed to provide a more flexible and accessible tool for analysis by individual country desks than the full version of...
Persistent link: https://www.econbiz.de/10014403424
rate and settlement in areas where unemployment is high. This paper tests the relevance of family ties in explaining … puzzle of the role played by the nuclear and the extended family in the decision to move …
Persistent link: https://www.econbiz.de/10014401361
Persistent link: https://www.econbiz.de/10009572314
these two Asian countries with two Nordic countries Norway and Finland. The main findings are: (i) child cash allowances …
Persistent link: https://www.econbiz.de/10011281943
of policies that encourage EV purchases in Norway. We use exceptionally rich data on the universe of cars and households … from Norway, which has a very high share of EVs, thanks to generous tax incentives and other policies. Our estimates … abatement costs of Norway's tax incentives relative to emission savings. However, the estimated emission savings are much larger …
Persistent link: https://www.econbiz.de/10012612330
Persistent link: https://www.econbiz.de/10012392495
Based on a permanent income analysis, Gagnon (2018) has prominently suggested that Norway has saved too much, thereby …, chiefly because it also accounts for future aging costs. Unsurprisingly, we find that Norway's current assets exceed its … mainland GDP) and aging pressures are only commencing. Therefore, Norway's intertemporal financial net worth (IFNW) is negative …
Persistent link: https://www.econbiz.de/10011905922
Wages have been rising faster than productivity in many European countries for the past few years, yet signs of underlying consumer price pressures remain limited. To shed light on this puzzle, this paper examines the historical link between wage growth and inflation in Europe and factors that...
Persistent link: https://www.econbiz.de/10012155053