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Growth in public finances as tool for control : Norwegian development 1850-1950
(Discussion paper;15/2014, Working paper, 2014-05)
By drawing on information from public accounts from the nineteenth and twentieth century the present paper aims at mapping the development of key financial indicators for the Norwegian central government sector. It ...
How do political and economic institutions affect each other?
(Discussion paper;19/2014, Working paper, 2014-05)
This paper provides evidence for the mutually reinforcing relation of political and economic institutions. To overcome problems of endogeneity I utilize lag instruments within a GMM framework for dynamic panel data. ...