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(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2015)
Energy-intensive infrastructure may tie up fossil energy use and carbon emissions for a long time after investment, and thus be crucial for the ability to control long-run emissions. Much or most of the resulting carbon ...
(Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2015)
Although Norway has a long tradition of public disclosure of tax filings, starting in 2001 anyone with Internet access could obtain individual information on income and income taxes paid. We examine the effect on income ...
(Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2015)
The shifted pseudoisotropic multivariate distributions are shown to satisfy Ross’ stochastic dominance criterion for two-fund monetary separation in the case with risk-free investment opportunity and furthermore to admit ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2015)
We show how a stochastic version of the Lagrange multiplier method can be combined with the stochastic maximum principle for jump diffusions to solve certain constrained stochastic optimal control problems. Two different ...
(Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2015)
We analyze intergenerational redistribution in emerging economies with the aid of an overlapping generations model with endogenous labor supply. Growth is initially high but declines over time. A version of the model ...