Macroeconomic theories take polar views on the importance of choice versus chance. At the micro level, it seems realistic to assume that both dimensions play a role for individual employment outcomes, although it might be difficult to separate these two effects. Nevertheless the choice and...

Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the retirement earnings test. We find almost no impact on the extensive margin, but a positive effect on the intensive margin. This positive effect is uneven over the earnings distribution, 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...

I present a theory on the relationship between educational choice and entrepreneurship in a labour market with asymmetric information. The model shows that, in a labour market where education is used as a signalling device, an imperfect relationship between productivity in education and in the...

This study examines the effect of foreign (Anglo-American) board membership on corporate performance measured in terms of firm value (Tobin's Q). On a basis of firms with headquarters in Norway or Sweden the study indicates a significantly higher value for firms that have outsider Anglo-American...

This paper examines income inequality over stages of the later-life course (age 45 and older) and systems that can be used to mitigate this inequality. Two hypotheses are tested: Levels of income inequality decline during old age because public benefits are more equally distributed than work...

Public finance of post-compulsory education modifies substantially the supply of educational qualifications. Such modification has crucial implications for the long-term income distribution processes: in a context of sustained increases of demand for educational qualifications (brought about by...

According to the 'median-voter' hypothesis, greater inequality in the market distribution of earnings or income tends to produce greater generosity in redistributive policy. We outline the steps in the causal chain specified by the hypothesis and attempt to assess these steps empirically. Prior...

The aim of this paper is to offer an overview of the many opportunities the Luxembourg Income Study (LIS) data set provides to measure the distributive effect of taxes and transfers in the developed countries. Two specific tasks are undertaken. First, and most important, the paper offers a...