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National accounts and business cycles
All content for topic national accounts and business cycles
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Work less but stay longer - Mature workerresponse to a flexibility reform
Discussion Papers no. 937
Reducing the eligibility age for pension benefits is considered by many as a policy that will discourage labor supply by mature workers. This paper analyzes a recent Norwegian pension reform which effectively lowered the eligibility age of retirem...
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Unchanged PPI from June to July
The total PPI was unchanged from June to July 2020. Price increases in refined petroleum products and crude oil evened out the downturn in other groups within energy goods and manufacturing industries.
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Downturn continues in manufacturing
Norwegian industrial managers report a further downturn in the total production volume in the second quarter of the year. Major uncertainty related to the coronary pandemic contributes to the general outlook for the third quarter of 2020 is charac...
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Continued downturn in PPI
The producer price index (PPI) fell in June for the sixth month in a row. The downturn came both outside and inside the energy goods.
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Increase in Mainland GDP in May
Mainland Norway's GDP rose 2.4 per cent from April to May, adjusted for normal seasonal fluctuations. The growth came after two months of sharp decline following the outbreak of the Corona pandemic and subsequent infection control measures. Despit...
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Capturing Key Energy and Emission Trends in CGE models
Discussion Papers no. 936
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations.
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Who and how many can work from home in Norway?
Discussion Papers no. 935
The COVID-19 crisis has forced great societal changes, including forcing many to work remotely (work from home) in an effort to increase social distancing.
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Predicting the exchange rate path
Discussion Papers no. 934
Central banks, private banks, statistical agencies and international organizations such as the IMF and OECD typically use information about the exchange rate some weeks before the publication date as the basis for their exchange rate forecasts.
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Economic Survey 1-2020
The outlook for the Norwegian economy has changed completely within a short space of time. The outbreak of the coronavirus and subsequent infection control measures have caused an enormous slowdown in the Norwegian economy since mid-March.
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Acceptance of national wind power development and exposure
Discussion Papers no. 933
Despite a large stated-preference literature on wind power externalities, few SP studies employ a case-control approach to examine whether people´s acceptance of new wind power developments increases or decreases with exposure to and familiarity w...
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Continued drop in PPI
Heavy price falls on natural gas and refined petroleum products lead to a decrease of 2.7 percent in the producer price index for May. This comes despite a solid increase in prices on crude oil this month.
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Distance and choice of field: Evidence from a Norwegian college expansion reform
Discussion Papers no. 932
How can geographical proximity to college explain field of study choices? We empirically address this question using the major expansion of university colleges in Norway in the second half of the twentieth century, when 33 new education institutio...
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Mainland Norway's GDP fell 4.7 percent in April
This follows a 6.9 per cent fall from February to March, and Mainland GDP was thus 11.3 per cent lower in April than in February. The underlying data indicates some increase in economic activity towards the end of the month.
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Deep economic crisis – but some bright spots in sight
The Norwegian economy appears to be picking up after the country shut down in March, but lower international demand and low oil prices will impact on economic development for several years to come. We expect a gradual rise in interest rates from 2...
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Strong balance of income and current transfers
Balance of income and current transfers were measured at almost NOK 39 billion in the 1st quarter of 2020. This is the highest ever measured in a quarter. Investment income is contributing with net income of NOK 46 billion while net current transf...
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