The expert contributors gathered here approach underdevelopment and inequality from different evolutionary perspectives. It is argued that the Schumpeterian processes of ‘creative destruction' may take the form of wealth creation in one part of the globe and wealth destruction in another. Case...

The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that pass-through is faster to import prices than to consumer prices. Price setting behaviour in the...

Net migration has become the main factor driving Norwegian population growth. This article explores how changes in regulations and immigration policies have affected gross immigration to Norway. As in previous econometric studies, it finds that income differences and income distribution have a...

Cross-national comparisons of industrialized countries indicate that countries with a high defense burden (military spending as a share of GDP) tend to have lower rates of economic growth than do countries with a low defense burden. On the other hand, longitudinal data for several industrial...

Norwegian business spending on R&D is low by OECD standards. To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN. We analyze the effects of SkatteFUNN on the likelihood of innovating and patenting. Using a rich database for Norwegian firms, we...