Department of Economics University of Oslo MEMORANDUM

With regulations of emissions only in the future, cheaper renewables speed up extraction, whereas CCS cost reductions potentially make fossil resources more attractive for future

If the …rst- best subsidy is o¤ered to the R&D …rms, then the …rst-best outcome will be reached both under commitment (open-loop solution) and un- der no commitment

7 To investigate whether children can be the reason why sick- leaves are less costly for females, all female workers below 45 years of age are divided in sub-samples with and

The total labor market income for the participants is calculated based on their monthly earnings, the number of months in employment and the share of spells ending

that a country that becomes more concerned about the environment (modeled as a positive shift in its environmental damage function) increases its R&D expenditures in order

Our finding confirms the suggestion of Huh and Sickles (1994) that the maximum likelihood estimators and maximum penalised estimators converge to each other when sample size is

Hence, from the poverty trap equilibrium the profits in production become higher relative to the profits in parasitic activities when the total number of entrepreneurs is higher..

While benefits can be maintained almost indefinitely in Norway (156 weeks, in many cases followed by a somewhat smaller cash-transfer), the Swedish benefit period is limited to