This paper examines the impact of performance-related pay on wage differentials within firms. Our theoretical framework predicts that, compared to a fixed pay system, pay schemes based on individual output increase within-firm wage inequality, while group-based bonuses have minor effects on wage...

Labour-market polarization is characterized by increased employment in occupations at the top but also at the bottom of the skills and wage distributions, followed by a relative decline in 'middling' occupations. This paper documents a polarization trend also in the Nordic labour markets and...

Artikkelen redegjør innledningsvis for opprettelsen av statsøkonomisk eksamen i 1905 - den viktigste begivenhet i økonomifagets utvikling ved universitetet i de første 100 år av dets historie - og behandler deretter begivenheter som utspilte seg i 1910-20. I 1910 ble det for annen gang i...

Artikkelen behandler begivenheter som utspilte seg i 1876-77. I Stortinget ble det fremmet forslag om opprettelse av et professorat i statsøkonomi og statistikk. Forslaget fikk tilslutning av et stort flertall og etter Kongens godkjenning ble det umiddelbart satt ut i livet. Dette var det...

This article narrates Trygve Haavelmo’s experiences from the time he was hired as an assistant at Ragnar Frisch’s Institute of Economics in 1933 until the publication of The Probability Approach in Economics in 1944. The title should be taken literally, it is Haavelmo’s physical steps...

A confluence of circumstances led to the foundation of the University Institute of Economics in Oslo in 1932. Ragnar Frisch was the kingpin in this development. After having been appointed professor of economics and statistics by an unusual decision by the Storting in 1932 he decided to decline...

This paper presents both theoretical analysis and econometric evidence for the United States, Great Britain and Norway on the extent to which hourly wages of different groups of workers are sensitive to local labour market conditions. We focus on differences by union status. Our theoretical...

Labour market outcomes of immigrants and natives are affected differently by macroeconomic conditions. In particular, we show that earnings of immigrants in Norway from outside the OECD area are more sensitive to local labour market conditions than are earnings of natives. Failure to account for...

After World War II economic policy in Europe comprised considerable elements of planning. The paper discusses how this shift was related to the conceived failure of the free enterprise economy to provide full employment in the interwar period and to the war experience. The Norwegian post-war...

We provide evidence on wage profiles of immigrants using CPS data from 1979 to 2001, taking into account that changes in labor market conditions impact natives and immigrants differently. High rates of immigrant wage assimilation in general, and relatively high wages of immigrant cohorts that...