Sick leaves may vary over the business cycle due to disciplining effects or changes in labour force composition. The latter hypothesis maintains that sickness may be pro-cyclical due to employment of "marginal" workers with poorer health whrn demand increases.

In a large representative sample of young Norwegian workers, we estimate gross transitions to unemployment, education, and other exits in a multinomial logit. In line, with received literature, we find that individuals with high education, experience, and income have significantly lower...

Unregulated monopolies produce too low quantity levels. When workers participate in decision making, there will be a tendency for the firm to select even lower employment levels than will be chosen by pure profit-maximising firms. On the other hand, the employed workers' incentives to work long...

Three Nordic countries, Norway, Finland and Sweden, and Japan had experienced the severe financial crisis after the rapid asset price increase in almost the same period. However the recovery was fast in Nordic countries, while Japan experienced a prolonged recession, so called lost two decades....

Sickness absence has risen over the past years in Norway. One explanation put forward is that a tougher labor market represents a health hazard, while a competing hypothesis predicts that loss of job security works as a disciplinary device. In this analysis we aim to trace a causal impact of...

We use two non-parametric measures to characterize intergenerational mobility (IGM) throughout the income distribution: Rank Mobility and Income Share Mobility. We examine differences in these IGM curves between Germany, Norway, Sweden and the United States using comparable samples. Although we...

The article offers a complementary theory for conglomerate mergers. Conglomerate mergers take place to achieve control over distribution channels that otherwise could be used by rival entrants. An entrant with a very differentiated product is accommodated, and an entrant with a close substitute...

It is often asserted that agricultural land yields significant amenity benefits that could be used as a rationale for some of the substantial support to agriculture occuring in many industrialized countries. This paper introduces a method for incorporating information on the willingness to pay...

In this paper the author estimates the effect of the Helsinki agreement and economic factors on sulfur emissions using data from 25 European coutnries. To allow for self-selection into the agreement, a treatment effect model was estimated using the Heckman two-step procedure.