Professor at BI Norwegian School of Management, Department of Economics
MSc (Economics) (Siviløkonom HAS), Norwegian School of Economics and Business Administration, 1974.
Dr. oecon., Norwegian School of Economics and Business Administration, 1979.
Present and former positions:
Professor, Norwegian School of Management, Department of Economics, 1999 - .
Professor II, Norwegian School of Economics and Business Administration, 2004 - .
Professor II, Norwegian Research Centre in Organization and Management, 1992-1999.
Professor, Norwegian School of Economics and Business Administration, Department of Economics, 1982-1999.
Visiting scholar, Boston University, 1994-1995.
Visiting scholar, Massachusetts Institute of Technology, 1981-1982.
Visiting research student, London School of Economics, 1976-1977.
Editor, Scandinavian Journal of Economics, 1997 - 2000.
Associate editor, Scandinavian Journal of Economics, 1987 - 1995, 2001 - .
Associate editor, European Economic Review, 1986 - 1991.
My research interests are international macroeconomics and fiscal policy.
Some selected publications:
"Keynesian and Classical Unemployment in an Open Economy", Scandinavian Journal of Economics, vol. 82, 1980, 147-166.
"A Financial Theory of Investment Behavior", Econometrica, vol 51, 1983, 637-645.
"Capital Shortage and Classical Unemployment", International Economic Review, vol. 24, 1983.
"Intersectoral Transfer of Labour in a Small Open Economy", European Economic Review, vol. 24, 1984, 225-237.
"ARMOD. A Small Numerical Macroeconomic World Model with Non-Clearing Markets", Scandinavian Journal of Economics, vol. 89, 1987, 227-246.
"Wealth, Structural Adjustment, and Optimal Recovery from the Dutch Disease", Journal of International Trade and Economic Development, vol. 1, 1992, 27-40.
"Petroleum Wealth, Debt Policy and Intergenerational Welfare", Journal of Policy Modeling, Vol.17, 1995, 427-442. (co-author Øystein Thøgersen).
"Generational Accounting and Depletable Natural Resources: The Case of Norway", in A. Auerbach, L. Kotlikoff and F. Leibfritz (ed.): Generational Accounting around the World. University of Chicago Press, Chicago, 1999. (co-author Carl E. Gjersem)
"Pension Funding Reforms in a Small Open Welfare State" (co-author Hans Fehr). In Fossati, A. and Wiegard, W (eds): Policy Evaluation with Computable General Equilibrium Models. Routledge Applied Economics, 2002, 232 - 248.
"An Independent Review of Monetary Policy and Institutions in Norway". Norges Bank Watch 2002. Norges Bank Watch Report Series No 3. Centre for Monetary Economics, BI Norwegian School of Management. (co-authors Lars E.O. Svensson, Kjetil Houg, and Haakon O.Aa. Solheim)
"An Independent Review of Monetary Policy in Norway". Norges Bank Watch 2003. Norges Bank Watch Report Series No 4. Centre for Monetary Economics, BI Norwegian School of Management. (co-authors Thomas Ekeli, Anne Kari Haug, Kjetil Houg.)
"Borrow and Adjust : Fiscal Policy and Sectoral Adjustment in an Open Economy" International Economic Review, vol. 44, 2003, 699 - 724. (co-author Øystein Thøgersen).
"Financial Deregulation with a Fixed Exchange Rate: Lessons from Norway's Boom-Bust Cycle and Banking Crisis."
"Fiscal Deficits, Asset Prices and Intergenerational Distribution in an Open Unionized Economy".
GRA 8401 Business Macroeconomics (Winter term)
GRA 6634 Business Cycles (Autumn term)
GRA 6632 International Macroeconomics (Winter term)
BI Norwegian School of Management
Department of Economics
Elias Smiths vei 15, P.O. Box 580, 1302 Sandvika, Norway
Telephone: +47 67 55 73 88
Telefax: +47 67 55 7675
Mobile: +47 900 81 089