NHH Norwegian School of Economics, Norway, and IZA, Germany
IZA World of Labor role
Professor, NHH Norwegian School of Economics, Norway
Macroeconomics, industrial organization, firm behavior, investment, energy
Guest Professor, Center for Macroeconomic Research, Universität zu Köln, 2013–2014; Associate Professor, Norwegian School of Economics, 2004–2005; Associate Professor, University of Bergen, 2000–2004
PhD Economics, Norwegian School of Economics, 1998
“Intergenerational earnings mobility in Norway: Levels and trends.” Scandinavian Journal of Economics 107:3 (2005): 419–435 (with E. Bratberg and K. Vaage).
“Employment adjustment, the structure of adjustment costs, and plant size.” European Economic Review 51:3 (2007): 577–598 (with K. G. Salvanes and F. Schiantarelli).
“Assessing the intergenerational correlation in disability pension recipiency.” Oxford Economic Papers 67:2 (2015): 205–226 (with E. Bratberg and K. Vaage).
“Sequentiality versus simultaneity: Interrelated factor demand.” Review of Economics and Statistics 96:5 (2014): 986–998 (with M. Asphjell, W. Letterie, and G. Pfann).
“Zeroes and lumps in investment: Empirical evidence on irreversibilities and non-convexities.” Review of Economics and Statistics 85:4 (2003): 1021–1037 (with F. Schiantarelli).
Negative consequences of falling oil prices were offset by real wage flexibility, reduced immigration, and labor reallocationØivind A. Nilsen, June 2020Norway has a rather high labor force participation rate and a very low unemployment rate. Part of the reason for this fortunate situation is the so-called “tripartism”: a broad agreement among unions, employers, and government to maintain a high level of coordination in wage bargaining. This has led to downward real wage flexibility, which has lessened the effects of negative shocks to the economy. Reduced net immigration, especially from neighboring countries, also mitigated the negative effects of the oil price drop in 2014. A potential drawback of tripartism is the difficulty of reducing employee absences and disability.MoreLess