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Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … actions. The resulting decisions may be less, rather than more, risky. Making a decision after acquiring information provides …
Persistent link: https://www.econbiz.de/10010275809
a fund modelled on Norway's sovereign wealth fund. …
Persistent link: https://www.econbiz.de/10010335503
In order to estimate labour supply responses among older people we have employed a very simple model of retirement decisions that can be estimated on a single cross-section sample, and still be given a structural interpretation in terms of inter-temporal decisions. The model is estimated on...
Persistent link: https://www.econbiz.de/10010275650
We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples …
Persistent link: https://www.econbiz.de/10014581860
People in the Nordic countries of Denmark, Finland, Iceland and Sweden work more than the countries’ high tax rates would lead us to predict. This observation is explained by a shared belief system that emphasises women’s rights to labour market participation.
Persistent link: https://www.econbiz.de/10014306474
Persistent link: https://www.econbiz.de/10011696477
neutral Norway must clearly go beyond the direct (soldiers wounded physically and mentally) and indirect effects (rationing of …
Persistent link: https://www.econbiz.de/10010284370
model requires only cross section data and is estimated on survey data for Italy and register data for Norway. The estimates … cuts in pension benefits in Norway than in Italy. …
Persistent link: https://www.econbiz.de/10010284414
The Spanish Influenza pandemic of 1918-19 was one of the most devastating diseases in history, killing perhaps as many as 50-100 million people worldwide. In addition to the high death toll and the high general lethality, the disease had a peculiar feature: the largest increase in death rates...
Persistent link: https://www.econbiz.de/10010284423
light of Norway’s experience with R&D policy. I review an ongoing evaluation of the Norwegian R&D tax credit introduced in …
Persistent link: https://www.econbiz.de/10010285204