Macroeconomics and Natural Resources
Research in macroeconomics follows several distinct avenues
- The first is focused on long-run problems of economic growth and intergenerational distribution, highlighting issues of fiscal policy, social security, growth empirics and aspects of open economy macroeconomics. This line of research covers theoretical analyses as well as simulation models and econometric studies.
- The second avenue considers various short-run issues like theoretical studies of monetary policy in a new-keynesian framework, econometric studies of financial market behavior and business cycles, and finally modelling and testing expectations of private agents.
- The third avenue considers quantitative economic history, with a particular emphasis on international business cycles and financial markets.
Research in resource economics considers
- Natural resources and the environment as an integral part of the economy and economic development in both developing and industrialized economies. Current projects study natural resource discoveries and extraction, management of natural resources and associated revenues, environmental impacts and regulations, the design and evaluation of policy instruments in fisheries management, tropical deforestation, and energy markets.
- We apply a number of empirical and theoretical methods, drawing on a range of various subfields of economics. The research agenda has an international orientation, with ongoing projects focusing on Brazil, Canada, Indonesia, and Norway, as well as global studies.