Topics for master theses

Topics for master theses

Behavioural Economics

  • GOGGLES ON GOOGLE

    GOGGLES ON GOOGLE

    Background:

    A strand of research has identified that even small cues of being observed (such as a picture of eyes) can affect anything from criminal behavior to charitable giving. Many of the studies, however, suffer from poor research designs and small sample sizes. In addition, there are also studies reporting null-findings, which means that the overall support still is inconclusive. The idea of this proposal is to use Google trends data to see if specific stigmatized search terms are less prevalent during days when Google’s logo is altered in a way such that it includes a pair of eyes (for an example, follow this link: https://www.google.com/doodles/kathe-kollwitzs-150th-birthday). The thesis will introduce the students to an interesting field of research, allow them to learn about and master Google trends data, as well as applying different econometric methods.

    Key references:

    Ekström (2012), Do Watching Eyes Affect Charitable Giving: Evidence from a Field Experiment, Experimental Economics

    Suitable for profiles: ECN, ECO, INB, MARKETING

    Supervisor: Mathias Ekström

  • THE DEVELOPMENT OF SOCIAL PREFERENCES: EXPERIMENTAL EVIDENCE FROM INTERNATIONAL PILOTS

    THE DEVELOPMENT OF SOCIAL PREFERENCES: EXPERIMENTAL EVIDENCE FROM INTERNATIONAL PILOTS

    Background:

    We are seeking master students who would like to write their master thesis as part of a project on the development of fairness preferences. The project is a collaboration between FAIR professors Alexander W. Cappelen and Bertil Tungodden.

    Data:

    We have recruited children from kindergartens and schools in Bergen to take part in a lab experiment we are implementing in September 2018. We have also collected comparable data for adults from Norway and Shanghai as well as for children from kindergartens and schools in Shanghai.

    Key references:

    Almås, Cappelen, Sørensen and Tungodden (2010): “Fairness and the Development of Inequality Acceptance”, Science 328(5982): 1176–1178. (2) Almås, Cappelen, Salvanes, Sørensen and Tungodden (2017): “Fairness and family background”, Philosophy, Politics and Economics 16(2) 117-131. (3) Cappelen, List, Samek and Tungodden (2016): “The Effect of Early Education on Social Preferences”, NBER Working Paper No. 22898.

    Suitable for:

    NHH master students who are interested in helping to implement pilot experiments internationally during the fall and in writing their master thesis as part of the project are welcome to send an e-mail to Adriana Condarco-Quesada. It should include your name, your CV and a short note on why you would like to write your master thesis on this subject. Please also send any questions you might have regarding the project to Adriana.

    Supervisor: Bertil Tungodden

  • UNDERSTANDING PATERNALISM

    UNDERSTANDING PATERNALISM

    Background:

    The extent to which it is acceptable to restrict the freedom of individuals in order to promote their own best interest is at the core of much political debate about the relationship between the state and its citizens: Should the state institute mandatory retirement savings, require motorcyclists to wear helmets or refuse to enforce certain types of contracts? Questions about the legitimate role of paternalism are also important in many interpersonal relationships, in particular between parents and their children, and people’s views on these matters may be of great importance for understanding their willingness to accept inequality in society. The master thesis project should conduct experiments to study a person’s willingness to reduce another individual’s freedom in order to promote that individual’s best interests. For example by studying how the willingness to act paternalistically depends on the characteristics of the individuals whose freedom is being restricted, such as how well informed they are, their competence, and their age.

    Key references:

    Julian Le Grand & Bill New (2015): Government Paternalism: Nanny State or Helpful Friend? Princeton University Press, 2015

    Data:

    Collect your own data either by conducting an experiment on the online labor market Amazon Mechanical Turk or by doing a survey experiment.

    Suitable for profiles:  ECO, ECN, STR, INB, ENE

    Supervisor: Alexander W. Cappelen

  • UNDERSTANDING THE DETERMINANTS OF CRIMINAL BEHAVIOR

    UNDERSTANDING THE DETERMINANTS OF CRIMINAL BEHAVIOR

    Background:

    What drives individuals to commit crime, what factors explain aggregate crime rates, and what factors are most important?  Economic factors such as unemployment, wages, inequality, and poverty?  Demographic factors such as population, urban density, and education levels?  And how effective are anti-crime measures and how do criminals respond to them?  This master thesis project aims to examine some of these factors and the effects they have on crime.

    Key References: Freeman (1999): Chapter 52 The economics of crime, Handbook of Labor Economics, Elsevier, 1999.

    Data: Collect your own data, examples of possible sources include FBI Uniform Crime Reports and publicly available Nordic Register based sources such as data available from ssb.no or statistikbanken.dk.

    Suitable for profiles: ECN, ECO, STR

    Supervisor: Patrick Bennett

  • WHAT DRIVES CONSUMERS TO CHANGE ELECTRICITY PROVIDER?

    WHAT DRIVES CONSUMERS TO CHANGE ELECTRICITY PROVIDER?

    Background:

    In markets characterized by subscription services, such as electricity, banking and telecommunications, we often find that consumers change providers or plans to a very low extent despite considerable price differences between seemingly similar (or even homogenous) products. There are many potential explanations for this phenomenon, e.g., lack of information, costs of switching, and strong preferences for particular providers. Understanding the sources of passive consumer behavior is important for both regulation, business planning, government policy and market design. We find clear signs of consumer passivity also in the Norwegian electricity retail market, and data sources available to this supervisor can allow a talented student to shed light on some of the potential channels.

    Key references:

    von der Fehr and Hansen (2010): "Electricity Retailing in Norway", The Energy Journal 31: 25-45 (Basic reference); Hortacsu et al (2015): "Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market", NBER Working Paper No. 20988 (Advanced reference)

    Data: Monthly data on number of subscriptions and sales (kWh) for the largest retailers within local areas will be provided by the supervisor, as well as weekly contract prices and monthly visitor statistics for the contract comparison website of the Competition Authority. Wholesale electricity prices and other useful market statistics can be gathered from Nordpool.

    Suitable for profiles: ECO, ECN, ENE, BUS, FIE, INB

    Supervisor: Morten Sæthre

  • What if she were your daughter? How children’s gender change their parents’ views

    What if she were your daughter? How children’s gender change their parents’ views

    Background:

    What if she were your daughter?” A series of campaigns are pushing men to think about their daughters in order to change their views on different issues such as domestic violence, sexual violence, and gender equality more generally. How are those views formed in the first place? And do they change with the birth of a daughter?

    Key reference:

    Washington, Ebonya L. 2008. "Female Socialization: How Daughters Affect Their Legislator Fathers." American Economic Review98 (1): 311-32.

    Data:

    The thesis will aggregate nationally representative surveys done in several countries and years to answer these questions.

    Suitable for profiles: ECN

    Supervisor: Vincent Somville

Development Economics

  • BULK PURCHASES AND POVERTY

    BULK PURCHASES AND POVERTY

    Background:

    Buying in bulk is a common way that consumers use to obtain lower prices on their purchases. There is now some evidence that low income consumers are not exploiting this strategy well, despite the large potential gains. The thesis will review the issue, and use an innovative detailed dataset from India to investigate it in a new setting.

    Key references:

    Biran Dillon, Joachim de Weerdt and Ted O’Donoghue, 2017, "Paying More for Less: Why Don't Households in Tanzania Take Advantage of Bulk Discounts?"

    LICOS Discussion Paper Series, Discussion Paper 396/2017

    Suitable for profiles: ECN

    Supervisor: Vincent Somville

  • THE DEVELOPMENT OF SOCIAL PREFERENCES: EXPERIMENTAL EVIDENCE FROM INTERNATIONAL PILOTS

    THE DEVELOPMENT OF SOCIAL PREFERENCES: EXPERIMENTAL EVIDENCE FROM INTERNATIONAL PILOTS

    Background:

    We are seeking master students who would like to write their master thesis as part of a project on the development of fairness preferences. The project is a collaboration between FAIR professors Alexander W. Cappelen and Bertil Tungodden.

    Data:

    We have recruited children from kindergartens and schools in Bergen to take part in a lab experiment we are implementing in September 2018. We have also collected comparable data for adults from Norway and Shanghai as well as for children from kindergartens and schools in Shanghai.

    Key references:

    Almås, Cappelen, Sørensen and Tungodden (2010): “Fairness and the Development of Inequality Acceptance”, Science 328(5982): 1176–1178. (2) Almås, Cappelen, Salvanes, Sørensen and Tungodden (2017): “Fairness and family background”, Philosophy, Politics and Economics 16(2) 117-131. (3) Cappelen, List, Samek and Tungodden (2016): “The Effect of Early Education on Social Preferences”, NBER Working Paper No. 22898.

    Suitable for:

    NHH master students who are interested in helping to implement pilot experiments internationally during the fall and in writing their master thesis as part of the project are welcome to send an e-mail to Adriana Condarco-Quesada. It should include your name, your CV and a short note on why you would like to write your master thesis on this subject. Please also send any questions you might have regarding the project to Adriana.

    Supervisor: Bertil Tungodden

  • What if she were your daughter? How children’s gender change their parents’ views

    What if she were your daughter? How children’s gender change their parents’ views

    Background:

    What if she were your daughter?” A series of campaigns are pushing men to think about their daughters in order to change their views on different issues such as domestic violence, sexual violence, and gender equality more generally. How are those views formed in the first place? And do they change with the birth of a daughter?

    Key reference:

    Washington, Ebonya L. 2008. "Female Socialization: How Daughters Affect Their Legislator Fathers." American Economic Review, 98 (1): 311-32.

    Data:

    The thesis will aggregate nationally representative surveys done in several countries and years to answer these questions.

    Suitable for profiles: ECN

    Supervisor: Vincent Somville

Economic History

  • BERGEN AS A MARITIME CAPITAL

    BERGEN AS A MARITIME CAPITAL

    Background:

    The Norwegian consultancy group Menon publishes an annual list of “The leading maritime capitals of the world”. Bergen is not included in the list of 15 cities evaluated in the report, but has been included in a longlist of 30 nominated cities that are benchmarked according to a set of 24 indicators. The aim of the thesis would be to analyze a) the basis for the ranking; and b) measures that would make Bergen a leading maritime capital.

    Key literature: Menon report

    Data: developed together with the supervisor

    Suitable for profiles: STR, INB, BUS

    Supervisor: Stig Tenold

  • BERGEN AS A MARITIME SERVICE PROVIDER

    BERGEN AS A MARITIME SERVICE PROVIDER

    Background:

    Bergen plays a key role as one of the leading maritime cities internationally. Bergen shipping companies have dominant positions in several markets (chemical tanker transport, open hatch bulk shipping), and there are also world-class companies in auxiliary services (in particular ship finance, insurance, ship registry). Combining historical perspectives and economic theory, the aim of the thesis would be to analyze to which extent the success of these auxiliary services is based on linkages to the local industry, and to which extent it is a result of the international orientation of the service providers themselves.

    Data: Veritas, surveys developed together with the supervisor

    Suitable for profiles: STR, INB, BUS

    Supervisor: Stig Tenold

  • Innovation and the patent system

    Innovation and the patent system

    Background:

    Intellectual property rights are usually associated with the patent system – patents and patent laws. The relationship between patents and innovations has been studied extensively, for example how patent laws create incentives to invent, promote innovation and encourage economic growth. Historical or modern data analysis do, however, give no clear answers, and there is a potential for research that addresses several questions: Does the existence of strong patent laws encourage innovation?  What proportion of innovations is patented? Is this share constant across industries? How does patenting and licensing affect the diffusion of knowledge? Such questions have only to a limited extent been studied in a Norwegian context.

    Key reference:

    P. Moser, ‘Patents and Innovation: Evidence from Economic History’, Journal of Economic Perspectives, Vol. 27 (1), 2013.

    Data:

    Patent and innovation statistics from the Norwegian Research Council (NFR) and Patentstyret. Norwegian policy documents, company annual reports.

    Suitable for profiles: ECO, ECN, STR, INB, BUS

    Supervisor: Bjørn L. Basberg

Environmental & Resource Economics

  • CLIMATE CHANGE IN THE ARCTIC AND ECONOMIC ACTIVITIES

    CLIMATE CHANGE IN THE ARCTIC AND ECONOMIC ACTIVITIES

    Background:

    The climate change is evident in the Arctic in the way of increased temperatures, decreasing ice and consequently increased accessibility. Maritime transport, fisheries and resource exploitation (mineral oil in particular) are industries that already are pushing the frontiers further north. Since the Arctic Ocean is surrounded by several national states (Canada, the United States, Russia, Norway and Denmark / Greenland), the political tension in the region has increased in a classic ‘race for property rights’ that has historic parallels. Other non-Arctic nations, China in particular, shows increased interest in the region.

    There are many potential issues and questions that could be analyzed in an economic framework. What have been the recent trends, and how do businesses and stakeholders view the future? How does the government-business interaction play out in different countries involved? The climate change involves changes in both costs and benefits. How could this be modelled and analyzed?

    Key references:

    A.S. Crépin et.al., ‘Arctic Climate Change, Economy and Society (ACCESS): Integrated Perspectives’, Ambio, Dec. (46) 2017, 341-354 and G. Eskeland and L.S. Flottorp, ‘Climate Change in the Arctic: A Discussion of the Impact on Economic Activity’, in Glomsrød et.al. (eds.), The Economy of the North, SSB, 2006.

    Data:Climate change reports, government papers and statistics, business prospects.

    Suitable for profiles: ECN, STR, INB, BUS.

    Supervisor: Bjørn L. Basberg

  • COMMERCIAL ACTIVITIES IN THE ANTARCTIC REGION

    COMMERCIAL ACTIVITIES IN THE ANTARCTIC REGION

    Background:

    The Antarctic region has a long history of resource exploitation (sealing, whaling). Today, human activity in the region is dominated by science, but there are also industries like fisheries, tourism and bio-prospecting. Such industries have to a small extent been analyzed in an economic context and several questions are interesting to pursue. What is the economic scale of these operations? What is the economic and financial importance for the companies involved? Are management and regulatory systems sufficient?

    Key reference:

    B.L. Basberg, ‘Perspectives on the Economic History of the Antarctic Region’, International Journal of Maritime History, VO. XVIII (2), 2006,

    Data: Economics and business statistics on tourism from the International Association of Antarctic Tour Operators (IAATO) and on fisheries from the Convention on the Conservation of Antarctic Marine Living Resources (CCAMLR).

    Suitable for profiles: ECO, ECN, STR, INB, BUS

    Supervisor: Bjørn L. Basberg

  • ECONOMIC PERSPECTIVES ON TOURISM IN THE POLAR REGIONS

    ECONOMIC PERSPECTIVES ON TOURISM IN THE POLAR REGIONS

    Background:

    Polar tourism, especially ship born cruise tourism both in the Arctic and in the Antarctic has increased for many years. Business prospects and plans seem to indicate that this will continue.

    There are, however, serious challenges ahead. The climate change involves increased accessibility, but also alters the unique experience that constitutes the rationale for the industry. Concerns about long travels is also a factor that creates uncertainties about future demand for such travels.

    Several questions could be analyzed about this industry in an economic context. Is it possible, within a traditional business model, to create an environmental and social sustainable industry? There seems to be large future uncertainties connected both to the supply and the demand side in this market. How could that be modelled and analyzed?

    Key reference:

    M. Lamers and B. Amelung, ‘Climate Change and its Impact for Cruise Tourism’ in M. Lück et. al. (eds), Cruise Tourism in Polar Regions. Promoting Environmental and Social Sustainability? London 2010, p. 147-165.

    Data: Climate change reports, statistics and reports from the International Association of Antarctic Tour Operators (IAATO), tour operator plans and annual reports.

    Suitable for profiles: ECN, STR, INB, BUS

    Supervisor: Bjørn L. Basberg

  • NEUTRALITY OF PROFIT BASED PETROLEUM TAXATION

    NEUTRALITY OF PROFIT BASED PETROLEUM TAXATION

    Background:

    The optimal taxation of natural resource is profit based as, ideally, such neutral taxes leave firms' production decisions undistorted. In 1993, the UK dropped their petroleum revenue tax for new fields to 0% while production from old fields was still taxed at 75%. Using annual production data from the UK and Norway, we are able to estimate the effects of this drop affected investments, production and (reported) costs and assess the neutrality of the pre-reform UK petroleum tax.

    Key references: 

    Daniel, P., Keen, M., & McPherson, C. (Eds.). (2010). The taxation of petroleum and minerals: principles, problems and practice. Routledge.

    Data: Data on oil and gas production from Norway and the UK.

    Suitable for profiles:  ECN, ENE, ECO

    Supervisor: Lassi Ahlvik

Ethics

  • DIVERSITY IN FIRMS, WOMEN AND SCIENCE

    DIVERSITY IN FIRMS, WOMEN AND SCIENCE

    Background:

    There are many new data sets documenting the gender composition in the STEM fields that provide a wealth of information for a master thesis. There are also policies implemented that could be discussed and evaluated, if one gets access to the data.

    Data: Data can be accessed in cooperation with a research project by Astrid Kunze. Interested students are welcome to get in touch.

    Other data sources are accessible for research in Norway (SSB) or Germany (IAB) or Europe.

    Suitable for profiles:ECN, FIN, STR.

    Supervisor: Astrid Kunze

  • IS THE MARKET FOR SPORT INSURANCE CHARACTERIZED BY ADVERSE SELECTION/MORAL HAZARD?

    IS THE MARKET FOR SPORT INSURANCE CHARACTERIZED BY ADVERSE SELECTION/MORAL HAZARD?

    Background:

    In Norway, everybody who is an active member of a sports club is obliged to take a basic sport accident insurance.  This covers amateur and professional sports players who may be injured while playing sport. The policy covers the players during the recognised competition time or during club approved training. Most sporting clubs require players to take out insurance policies, and the cost of the premium for these is covered at the time of player registration. The insurance (partially) covers the cost of diagnosis and treatment in case of accident injury or repetitive strain injury.  In Norway, sports members can voluntarily sign for an extended coverage (“utvidet lisens”) which provides extended coverage.  The thesis would map the market for sport accident insurance and test for adverse selection/moral hazard on this market.

    Key references:

    Einav L and A Finkelstein (2011) Selection in insurance markets: Theory and empirics in pictures, Journal of economic Perspectives 25, 115-138; Einav L, A Finkelstein and M Cullen (2010) Estimating welfare in insurance markets using variation in prices, Quarterly Journal of Economics 125, 877-921.

    Data: Subscription data from various sports organizations and their insurers.

    Suitable for profiles: ECO, ECN

    Supervisor: Fred Schroyen

International Trade & Globalization

  • ADVERSE SELECTION WITH COSTLY VERIFICATION

    ADVERSE SELECTION WITH COSTLY VERIFICATION

    Background:

    The problem of adverse selection can alter the operation of markets in fundamental ways; for example, as in Akerlof's lemon market where used-car sellers have private information about the quality of cars, only low-quality cars will predominate in the market, because sellers would not be compensated for offering good-quality cars. Although the problem stems from asymmetric information, little attention has been paid to how sellers might supply information (or provide evidence) to mitigate asymmetric information problems. Intuitively, if they can, sellers who own good-quality cars are willing to provide hard evidence, in order to discriminate from lemon sellers. However, such a verification process is often costly. How this trade-off affects sellers' incentive to provide evidence? More generally, is the option of providing evidence useful in mitigating the problem of adverse selection?

    Key references:

    (1) Paul Milgrom (2008) "What the Seller won't Tell You: Persuasion and Disclosure in Markets", Journal of Economic Perspectives.

    (2) Eddie Dekel's slides for presidential address in EEA-ESEM 2016.

    Suitable for profiles:  ECN, MBM, STR, ECO

    Supervisor: Chang-Koo Chi

  • HOW WILL BREXIT AFFECT NORWAY AND NORWEGIAN INDUSTRY?

    HOW WILL BREXIT AFFECT NORWAY AND NORWEGIAN INDUSTRY?

    Background:

    The UK decision to leave the EU (BREXIT) will have implications not only for the UK and the EU, but also for other countries.  So far, the main focus has been on the future relationship between the UK and the EU and what the possible consequences for the UK and the EU may be. Should/could the UK be part of the EU customs union and/or the single market?  Should they choose a “Norwegian solution” (the European Economic Area)? Or should they rather look for a free trade agreement with the EU?  These questions are still debated and far from resolved. However, BREXIT will also have significant implications for third countries, like Norway, for various reasons. First, the UK is an important trading partner for Norway. Secondly, through the European Economic Area (EEA) Norway is part of the single market, but not part of the EU Customs Union.  Hence, no matter what the outcome of the negotiations between the UK and the EU may be, it is bound to have important implications for Norway and Norwegian industry and trade.

    Approach: 

    There could be many interesting ways of approaching the question of how BREXIT may affect Norway and Norwegian industry. One approach could be to take a general national view, and discuss how BREXIT may change the trade policy regime between Norway and the UK and the possible implications. Given the huge uncertainty regarding the outcome of the UK/EU negotiations, a number of possible scenarios will have to be discussed and analysed.  Another approach could be to select a particular industry and study the possible implications for that industry of various scenarios with regard to the future trade relations between Norway and the UK. Again, the uncertainty regarding the outcome will be an important dimension to discuss. Both approached would need a good combination of theoretical understanding of trade agreements and possible future trade regimes, and empirical observations and analysis of the actual trade relations between the two countries.

    There could be room for several master theses with different approaches here, or with focus on different industries.

    Key references:

    Standard international economics textbooks for the understanding of trade policies and trade agreements.  www.wto.org for more specific information about the multilateral trade system and regional trade agreements. When it comes to BREXIT, the literature is evolving constantly.  Here are some sources: UK Trade Policy Observatory (https://blogs.sussex.ac.uk/uktpo/) with many blogs and reports on recent developments. The Scottish Government: “Scotland's place in Europe: People, jobs and investments” (http://www.gov.scot/Resource/0053/00530160.pdf ).

    Data: Industrial characteristics and trade data.

    Suitable for: INB, ECN

    Supervisor: Professor Jan I. Haaland

  • STRATEGIC RESOURCE DEPENDENCE WITH ASYMMETRIC INFORMATION

    STRATEGIC RESOURCE DEPENDENCE WITH ASYMMETRIC INFORMATION

    Background:

    Consider a dynamic bargaining problem between a buyer and a seller in exhaustible-resource markets. The resource (e.g., oil) seller is better informed about its reserve than the buyer, and determines supply of the recourse strategically in that the seller wants to increase the buyer's dependence on the resource to strengthen her bargaining power. The buyer is also strategic; he has an option to develop an alternative resource (a backstop technology) to reduce his dependence on the resource, but there is a time-to-build delay for developing the technology. It would be interesting to see how strategic behaviors and asymmetric information affect the equilibrium price dynamics. The result may also suggest a policy implication for oil-producing countries. 

    Key references:

    For survey, refer to Gerard Gaudet (2007) "Natural Resource Economics under the Rule of Hotelling", Canadian Journal of Economics. For recent contributions, refer to Gerlagh and Liski (2013) "Strategic Resource Dependence", Journal of Economic Theory

    Suitable for profiles:  ECN, ENE, STR, ECO

    Supervisor: Chang-Koo Chi

Labour Economics

  • GENDER DIFFERENCES IN LABOUR MARKETS

    GENDER DIFFERENCES IN LABOUR MARKETS

    Background:

    Despite the fact that great gender convergence in employment is observed in labour markets, large gender differences remain. Women earn 16 per cent on average less in terms of hourly wages than men in the EU. Women also work in very different occupation and industries than men. True, if we compare men and women in the same job and in the same firm, we find very small wage differences; however, very few men and women work in the same job in the same firm. There are many more differences in labour markets between men and women which invites to important research questions suitable for a masterthesis. You could look for questions related to graduates in economics and business administration (use data from NHH. e.g.). You could study questions at the national level for Norway or another country, or internationally. International evidence is very important to learn and valuable to your career if you work, for example, in a company that does trade with EU and the world. Germany is a country important to learn about, since it is one of the main trading partners of Norway, followed by the UK etc.

    Data:

    •   SIAB (German register data, employer-employee matched panel, 1975-2015

    •   SOEP (Socio Economic Panel for Germany, 1984-2016)

    Mikrodata.no at NSD provides access to the Norwegian register data

    •    NHH annual graduate survey

    Suitable for profiles: ECN, FIN, STR

    Supervisor: Astrid Kunze

  • HOW DID THE INTERNET CHANGE THE CHANNELS OF JOB SEARCH?

    HOW DID THE INTERNET CHANGE THE CHANNELS OF JOB SEARCH?

    Background:

    People that search for a job have several options to find it: read newspapers, go to employment agencies, browse the web and mobilize their local networks of friends and relatives. Networking has increasingly become important for job search. Social networks are an important source of information in the labor market and many workers find jobs through friends and relatives. On the other hand, an increasing number of people use the Internet to look for new jobs. One reason online job search has become so popular is that it has changed the search process considerably. Employment websites allow job seekers to access thousands of job offers and use intelligent filter mechanisms to find suitable vacancies.

    Key references: Kuhn, P. J. and M. Skuterud (2004): “Internet Job Search and Unemployment Durations," The American Economic Review, 94, 218-232.

    Data: Norwegian Labor Force Survey

    Suitable for profiles:  ECO, ECN, STR, INB, BUS

    Supervisor: Aline Bütikofer

  • HUMAN CAPITAL, APPRENTICESHIP TRAINING, ASPIRATIONS TO SUCCESS, YOUTH UNEMPLOYMENT AND YOUTH LABOUR MARKETS

    HUMAN CAPITAL, APPRENTICESHIP TRAINING, ASPIRATIONS TO SUCCESS, YOUTH UNEMPLOYMENT AND YOUTH LABOUR MARKETS

    Background:

    How can family-work balance be improved? Why is the female employment rate so high in Scandinavia? In this area of research, we know relatively little on what workplace practices work, which ones families want, how and which ones firms efficiently employ them. Empirical data with new information on work place practices assist to evaluate related questions on employees (labour supply) and employers (labour demand).

    Other related questions: wage setting, wage differences, mobility in labour markets

    Data:

    •    European Work-place practice survey

    •    SIAB (German register data, employer-employee matched panel, 1975-2015)

    •      SOEP (Socio Economic Panel for Germany, 1984-2016)

    •      LIPP (data set for Germany, access has to be arranged 4-6 weeks in advance, a little bit challenging to work with since accessible only on side in Nuernberg, or by remote access, short visit at the data center and short onsite training possible.)

    •      Mikrodata.no at NSD provides access to the Norwegian register data

    •       Pisa Study contains data on aspirations across countries for some years

    Suitable for profiles: ECN, FIN, STR

    Supervisor:  Astrid Kunze

Macroeconomics

  • ASSESSING THE NORWEGIAN MACROECONOMIC POLICY FRAMEWORK

    ASSESSING THE NORWEGIAN MACROECONOMIC POLICY FRAMEWORK

    Background:

    The design of monetary and fiscal policy has moved towards a rule based framework, exemplified by the so-called Taylor rule or the “Handlingsreglene” governing the management of the oil fund in Norway. How does monetary and/or fiscal policy respond  to shocks affecting the Norwegian economy? Are the responses of macroeconomic policy stable over time. How did the economy and financial markets respond to the introduction of these rules?

    Key references:

    Clarida, R., J. Gali and M. Gertler. (1999). The Science of Monetary Policy: A New Keynesian Perspective, Journal of Economic Literature 37(4): 1661-1707. J. Taylor (2000). Reassessing Discretionary Fiscal Policy. Journal of Economic Perspectives 14(3): 21-36.

    Suitable for profiles:  ECN, ECO, FIE

    Supervisor: Gernot Doppelhofer

  • NOWCASTING AND PREDICTING THE NORWEGIAN ECONOMY

    NOWCASTING AND PREDICTING THE NORWEGIAN ECONOMY

    Background:

    A large number of indicators have been proposed to predict the current and future state of the economy. Many macroeconomic or financial data are being reported at different points in time and some are subject to revisions. The measurement of current and future economic conditions is essential for the conduct  of macroeconomic policy, dating of business cycles and household or financial decision making . What are important factors predicting current and future economic activity and financial variables, such as exchange rates, stock prices, …?

    Key references:

    Stock, J. and M. Watson. (1999). Forecasting Inflation. Journal of Monetary Economics v44(2): 293-335

    Suitable for profiles:  ECN, ECO, FIE

    Supervisor: Gernot Doppelhofer

  • Price-changes among manufacturing firms

    Price-changes among manufacturing firms

    Background:

    To understand how prices are adjusted, and why, is very important, for both consumers, firm-owners and -managers, regulators and macro economists. The typical IO question; How does a firm set the price or quantity in relation to other market participants? Macro economists: Monetary policy has only a real effect if prices (and wages) are sticky (think of the IS-LM or AD-AS models). Price adjustment costs and their nature are central for industrial organization and the macro economy. What do we know empirically about the micro behaviour of firms? Do we see some patterns in firms’ price setting? Do we observe immediate responses to demand-, technology-, and cost-shocks?

    Based on survey information from Statistics Norway about product prices in the manufacturing industry, merged with register data on firms’ revenues, costs, investments, and labour demand there are several topics for empirical master theses on pricing behaviour, either seen through the lenses of an IO scholar, or a macro economist.

    Data: 

    As the data include highly sensitive information, it is necessary to apply for access to the data.

    Suitable for profiles: ECN

    Supervisor: Prof. Øivind A. Nilsen

Microeconomics & Industrial Organization

  • Competition in the banking industry

    Competition in the banking industry

    Background:

    The potential trade-off between competition and stability of the banking sector is of great concern for policy makers, regulators, and academics around the world. The banking system, and in particular the risk taking of banks, affects the financial stability of the economy. Severe financial crises may arise if banks systematically take too much risk. Students can write an empirical thesis and use very detailed data about banks’ lending portfolios to Norwegian firms, and these firms’ income and balance sheet information.

    The details about the research question will be finalised together with the students.

    Data:

    As the data include highly sensitive information, it is necessary to apply for access to the data.

    Suitable for profiles: ECN

    Supervisor: Prof. Øivind A. Nilsen 

  • DO ECONOMIC BOOMS AND BUSTS AFFECT SLEEPING PATTERNS AND THE NUMBER OF HOURS OF LEISURE ACTIVITIES?

    DO ECONOMIC BOOMS AND BUSTS AFFECT SLEEPING PATTERNS AND THE NUMBER OF HOURS OF LEISURE ACTIVITIES?

    Background:

    Although health is usually thought to worsen when the economy weakens, substantial recent research suggests that mortality actually declines during such periods. Could this decline in mortality be explained by people enjoying more free time and more sleep during recession?

    Key references:

    Christopher J. Ruhm (2000): “Are Recessions Good for Your Health?” The Quarterly Journal of Economics, 115 (2): 617-650.

    Data: Norwegian time use survey 1971-2010

    Suitable for profiles:  ECO, ECN, STR, INB, BUS

    Supervisor: Aline Bütikofer

  • DO SMOKING POLICIES AFFECT SMOKING BEHAVIOR AND DO BETTER-EDUCATED INDIVIDUALS REACT FASTER TO POLICY CHANGES?

    DO SMOKING POLICIES AFFECT SMOKING BEHAVIOR AND DO BETTER-EDUCATED INDIVIDUALS REACT FASTER TO POLICY CHANGES?

    Background:

    The strong correlation between education and health, even after controlling for income, has been recognized as a robust empirical observation in the social sciences and economic literature (Deaton and Paxson 2003; Lleras-Muney 2004). The decision to smoke or not to smoke is a conscious choice that directly affects the health status and ultimately the mortality of individuals. It therefore provides an interesting opportunity to investigate how education, by influencing behaviors, affects health outcomes.

    Key references:

    Damien de Walque (2010): “Education, Information, and Smoking Decisions: Evidence from Smoking Histories in the United States, 1940–2000” Journal of Human Resources, 45:682-717.

    Data: Norwegian smoking habit survey from 1973-2011

    Suitable for profiles:  ECO, ECN, (STR, INB, BUS)

    Supervisor: Aline Bütikofer

  • HOW CAN WE EXPLAIN CEO PAY?

    HOW CAN WE EXPLAIN CEO PAY?

    Background:

    There is a widespread suspicion that top managers and other key person are overpaid. They are frequently lavishly rewarded when the firm is lucky and not penalized when the firm is unlucky. Some receive discretionary severance pay that the firms are not committed to pay. Pay structure and level seem to depend on the owner structure. There are a large set of observations that are puzzling if you believe that owners should provide cost efficient incentives to managers. The project might examine pay structure in a particular industry or across countries and compare observations with empirical predictions from analytical models.

    Key references:

    Bebchuk, L. A. and J. M. Fried (2004) Pay without performance: The unfulfilled promise of executive compensation, Harvard University Press

    Data: TBD

    Suitable for profiles: ECO, ECN, FIN

    Supervisor: Eirik Gaard Kristiansen

  • MANAGEMENT PRACTICES AND FIRMS

    MANAGEMENT PRACTICES AND FIRMS

    Background:

    We know very little about the management practices in Norway. International data have shown that great differences exist between family businesses, multinationals and that the public sector has relatively worse management practices. Questions related to measurement and comparison of management practices invite to a great number of research ideas for a master thesis. You can explore  existing data sets, and create extended data by merging additional firm level information.

    Key references:

    Corecon. Empirical Project 6: Measuring Management Practices

    Data: World Management Survey

    Suitable for profiles: ECN, FIN, STR.

    Supervisor: Astrid Kunze

  • THE PEAK-END-RULE AND DOMESTIC VIOLENCE

    THE PEAK-END-RULE AND DOMESTIC VIOLENCE

    Background:

    The peak-end-rule says that the most memorable parts of an experience is the peak (i.e the most enjoyable period) and the end. Daniel Kahneman and co-authors have for example shown that you can make patients better off by simply extending a painful medical treatment with a more joyful period at the end. The idea of this thesis proposal is to test the peak-end theory in a relevant, high-stake, real-world environment. In particular, the aim is to combine data from e.g. the Premier League in England  with regional data on domestic violence and other offensive behavior, and test whether football fans are more upset, and therefore make more criminal acts, when their team lost because of a goal occurring in the final minutes of the game as opposed to the same nominal loss, but were the score was determined earlier in the game. The thesis will also include a replication of the paper by Card and Dahl (2011) on prospect theory and violence

    Key reference: 

    Card and Dahl (2011), Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior, Quarterly Journal of Economics

    Suitable for profiles: ECN, ECO

    Supervisor: Mathias Ekström

  • Price-changes among manufacturing firms

    Price-changes among manufacturing firms

    Background:

    To understand how prices are adjusted, and why, is very important, for both consumers, firm-owners and -managers, regulators and macro economists. The typical IO question; How does a firm set the price or quantity in relation to other market participants? Macro economists: Monetary policy has only a real effect if prices (and wages) are sticky (think of the IS-LM or AD-AS models). Price adjustment costs and their nature are central for industrial organization and the macro economy. What do we know empirically about the micro behaviour of firms? Do we see some patterns in firms’ price setting? Do we observe immediate responses to demand-, technology-, and cost-shocks?

    Based on survey information from Statistics Norway about product prices in the manufacturing industry, merged with register data on firms’ revenues, costs, investments, and labour demand there are several topics for empirical master theses on pricing behaviour, either seen through the lenses of an IO scholar, or a macro economist.

    Data: 

    As the data include highly sensitive information, it is necessary to apply for access to the data.

    Suitable for profiles: ECN

    Supervisor: Prof. Øivind A. Nilsen 

Public Economics

  • ESTIMATION OF THE PRICE ELASTICITY OF THE DEMAND FOR FOOD, ALCOHOL AND TOBACCO, AND OTHER COMMODITY GROUPS IN NORWAY

    ESTIMATION OF THE PRICE ELASTICITY OF THE DEMAND FOR FOOD, ALCOHOL AND TOBACCO, AND OTHER COMMODITY GROUPS IN NORWAY

    Background:

    This project aims to estimate a demand system for various commodity groups (food and non-alcoholic drinks, alcohol and tobacco, clothing, transport, etc) based on budget survey data collected by statistics Norway.  The objective is to establish precise estimates for the price elasticities. These elasticities will determine the efficiency loss of implied by the indirect tax system (value added taxes and excise taxes), and the distribution of these efficiency losses across the income distribution.   In this project, various specifications for the demand system can be tried out and tested against each other.  Next, efficiency losses can be computed.  This project is within the field of applied microeconomics.  It combines microeconomic theory (demand theory) with data analysis

    Key references:

    Banks J, R Blundell and A Lewbel (1996) “Tax reform and welfare measurement: do we need demand system estimation?” Economic Journal 106: 1227-1241.

    Data:  Household budget surveys conducted by Statistics Norway (available through NSD). Price index statistics constructed by Statistics Norway.

    Suitable for profiles: ECO, ECN (experience with STATA is required)

    Supervisor: Fred Schroyen

  • FORETAKSSAMMENSLUTNING I MARKEDER MED ANBUDSKONKURRANSE

    FORETAKSSAMMENSLUTNING I MARKEDER MED ANBUDSKONKURRANSE

    Bakgrunn:

    En del foretakssammenslutninger foregår i markeder preget av anbudskonkurranser. Enkelte anbudsmarkeder er preget av få aktører, og et argument som ofte framsettes er at i anbudsmarkeder er det nok med to eller veldig få aktører for at det skal være virksom konkurranse. Se for eksempel Klemperer (2005): "Bidding markets". Hvilke implikasjoner kan foretakssammenslutninger ha i anbudsmarkeder med få aktører? Er det nok bedrifter igjen til å sikre virksom konkurranse? Når er det greit å gå fra 3 til 2 aktører i markedet? Oppgaven kan være en teoretisk/litteratur gjennomgang, eksempelvis knyttet opp mot en spesifikk foretakssammenslutning.

    Veileder: Linda Orvedal

  • HOW DOES LEGAL STATUS AFFECT IMMIGRANT SCHOOL ATTENDANCE?

    HOW DOES LEGAL STATUS AFFECT IMMIGRANT SCHOOL ATTENDANCE?

    Background:

    Educational attendance and completion is of vital importance for future labor market success, particularly for young immigrants and children of immigrants.  However, disadvantaged undocumented immigrants acquire less education and face a higher risk of dropping out of high school.  One potential reason behind this is that undocumented immigrants face barriers to education.  This thesis will examine how the Immigration Reform and Control Act of 1986, a program offering amnesty to undocumented immigrants, impacted the school attendance of young immigrants in families of undocumented immigrants in the United States. 

    Key References:

    Kuka, Elira & Shenhav, Na'ama & Shih, Kevin (2018): “Do Human Capital Decisions Respond to the Returns to Education? Evidence from DACA” NBER Working Paper 24315.  Comino, Stefano & Mastrobuoni, Giovanni & Nicolò, Antonio, 2016. "Silence of the Innocents: Illegal Immigrants' Underreporting of Crime and their Victimization," IZA Discussion Papers 10306, Institute for the Study of Labor (IZA).

    Data: School level data on pupil attendance.  Some school level data on can be provided by the supervisor, but additional data collection is required.

    Suitable for profiles: ECN, ECO

    Supervisor: Patrick Bennett

  • HOW EFFECTIVE ARE THE NORWEGIAN INCENTIVE SCHEMES FOR ELECTRIC VEHICLES?

    HOW EFFECTIVE ARE THE NORWEGIAN INCENTIVE SCHEMES FOR ELECTRIC VEHICLES?

    Background:

    Several countries, including U.S.A., Canada and Norway, have introduced incentives to encourage the sale of electric vehicles and hybrid electric vehicles. There is a debate over the effectiveness of these policies in achieving the desired policy goals, such as reductions in CO2 emissions. The Norwegian incentive scheme is notable for high subsidies as well as other extensive benefits, including exemption from the registration tax, free toll roads, free parking, and programs for building charging stations. More detailed knowledge about the effects of specific parts of the incentive scheme would be helpful, both to inform possible improvements of the incentive schemes, but also for planning purposes in businesses and local governments. There are several open questions regarding the effect of the rich incentive scheme. One question regards how much the different policies contribute to increasing electric vehicle sales. A related question is whether they have differential impact on which modes of transportation consumers substitute away from, e.g., whether consumers substitute away from regular cars, public transport and biking, both at the intensive and the extensive margin. A master thesis on this topic could focus on one or several specific policies and subquestions.

    Key references:

    Fearnley et al (2015): "E-vehicle policies and incentives - assessment and recommendations", TØI report 1421/2015; Chandra et al (2010): "Green drivers or free riders? An analysis of tax rebates for hybrids vehicles", Journal of Environmental Economics and Management 60: 78-93; Holtsmark (2012): "Elbilpolitikken - virker den etter hensikten?", Samfunnsøkonomen 5: 4-11

    Data: Detailed data about car ownership including some usage measures per vehicle can be provided by the supervisor, in addition to data on tollroads and charging stations.

    Suitable for profiles: ECO, ECN, ENE, BUS, FIE, INB

    Supervisor: Morten Sæthre

  • HVORDAN PÅVIRKES STABILITETEN I BANKNÆRINGEN AV KONKURRANSEN MELLOM BANKENE?

    HVORDAN PÅVIRKES STABILITETEN I BANKNÆRINGEN AV KONKURRANSEN MELLOM BANKENE?

    Bakgrunn:

    Et mål på stabilitet hos bankene er størrelsen på misligholdet lån, mens markedsandel eller fortjenestemargin kan være mål på graden av konkurranse. En mulig oppgave vil være å kartlegge sammenhengen mellom mislighold og bankspesifikke mål på konkurranse. En annen oppgave vil være knyttet til tapsavsetninger og i hvilken grad den enkelte bank er diversifisert eller ikke med hensyn på eksponering mot ulike næringer. Er det slik at banker som er lite diversifiserte også er mer risikoutsatte, eller vil en konsentrasjon av bransjekunnskap hos en bank være en fordel? Oppgaven(e) vil i hovedsak være empirisk orientert og baseres på paneldata fra norsk banknæring over de siste 20 årene.

    Veileder: Øivind Anti Nilsen

  • IMPORTVERNETS BETYDNING FOR KONKURRANSEN I DAGLIGVAREMARKEDET

    IMPORTVERNETS BETYDNING FOR KONKURRANSEN I DAGLIGVAREMARKEDET

    Bakgrunn:

    Norge har i dag et sterkt importvern på matvarer. I hvilken grad har importvernet betydning for konkurransen i dagligvaremarkedet, eksempelvis nå det gjelder produktutvalg og priser? Videre, hvilke implikasjoner har importvernet for etablering av nye aktører i dagligvaremarkedet?

    Veileder: Linda Orvedal

  • Investments and uncertainty

    Investments and uncertainty

    Background:

    The potential trade-off between competition and stability of the banking sector is of great concern for policy makers, regulators, and academics around the world. The banking system, and in particular the risk taking of banks, affects the financial stability of the economy. Severe financial crises may arise if banks systematically take too much risk. Students can write an empirical thesis and use very detailed data about banks’ lending portfolios to Norwegian firms, and these firms’ income and balance sheet information.

    The details about the research question will be finalised together with the students.

    Data:

    As the data include highly sensitive information, it is necessary to apply for access to the data.

    Suitable for profiles: ECN

    Supervisor: Prof. Øivind A. Nilsen 

  • PARKERING PÅ FLYPLASSER

    PARKERING PÅ FLYPLASSER

    Bakgrunn:

    Her kan man få en oversikt over konkurranse vs. monopol ved ulike flyplasser. Hva er prisene på parkeringsplassene ved de ulike flyplassene? Det er mulig å gjøre en spørreundersøkelse på langtidsparkering: hvis parkeringen fjernes, hva vil man da gjøre? Reise kollektivt, ta drosje, bli kjørt osv. Dette er et aktuelt tema som har vært oppe i media i den senere tid.

    Veileder: Linda Orvedal

  • PRISENDRING HOS INDUSTRIBEDRIFTER - HVILKEN BETYDNING HAR KONSENTRASJONEN?

    PRISENDRING HOS INDUSTRIBEDRIFTER - HVILKEN BETYDNING HAR KONSENTRASJONEN?

    Bakgrunn:

    For at pengepolitikken skal ha en virkning, er en forutsetning at det er en viss grad av prisrigiditet hos aktørene i økonomien. Tidligere analyser viser stor variasjon i hyppigheten av produktprisendringer, både mellom bedrifter og mellom ulike næringer. I denne oppgaven skal vi spesielt se på konsentrasjonen og/eller markedsandelen til en bedrift, og hvordan dette påvirker prisendringsmønsteret. Er det slik at markedsandelen til en bedrift har betydning for prisendringsmønsteret? Dataene baseres på prisdata fra norske industribedrifter samlet sammen av SSB.

    Veileder: Øivind Anti Nilsen

  • Productivity and technological changes

    Productivity and technological changes

    Background:

    The Norwegian agriculture sector is constantly changing. The number of farms is declining while milk production is fairly constant. Much of this is due to technological changes. More recently we have seen the introduction of milking robots (automatic milking systems). The new equipment also changes the working routines of the farmers. Although the labour input increases as a result of the new technology, the working day becomes more flexible, with better opportunities to combine family and work. The empirical analyses can focus on profitability and resource use related to milk robots and/or to changes in labour input and flexibility in everyday life.

    Data: 

    As the data include highly sensitive information, it is necessary to apply for access to the data

    Suitable for profiles: ECN

    Supervisor:  Prof. Øivind A. Nilsen 

  • REGULATION OF FINANCIAL MARKETS: HOW CAN THE POLITICAL PROCESS PRODUCE VERY DIFFERENT REGULATIONS ACROSS COUNTRIES?

    REGULATION OF FINANCIAL MARKETS: HOW CAN THE POLITICAL PROCESS PRODUCE VERY DIFFERENT REGULATIONS ACROSS COUNTRIES?

    Background: 

    Improved financial market regulation ensure that information is widely spread and investors can trust information and contracts. However, not all parties benefit from better regulation. For example, some established firms dislike that new entrants obtain financing, demand for labour may increase which again will increase wages.  In an influential book, Rajan and Zingales describe how financial regulation across countries can be explained by political forces in favour and against better regulation. A possible project would be to discuss how strong labour unions, industry structure, openness to trade and other institutional characteristics can explain the current regulation in Norway. The project might combine insights from analytical approaches discussed in Tirole with the empirical literature discussed in the book by Rajan and Zingales.

    Key references:

    Rajan R. G. and L. Zingales (2003), Saving capitalism from the capitalists Princeton University Press.

    Tirole, J (2006) The theory of Corporate Finance, see chapter 16 on Institutions, Public Policy and the Political Economy of Finance, Princeton University Press.

    Data: TBD

    Suitable for profiles: ECO, ECN, FIN

    Supervisor: Eirik Gaard Kristiansen

  • Reduction in Norwegian milk production: Farmers' income and profitability in the agriculture industry

    Reduction in Norwegian milk production: Farmers' income and profitability in the agriculture industry

    Background:

    The Norwegian authorities want to reduce milk production in Norway by 100 million litres by 2020 and 2021. This poses major challenges to the each farmer, the whole industry, and for Tine – Norway's largest producer, distributor and exporter of dairy products owned by the farmers and being the market regulator in Norway. A model has already been developed in AMPL to simulate the effect of reduced milk production for different types of farms and producers. The idea is to use this model to do simulations with different assumptions (quota, area, district etc.) and see how 7-8% reduced milk quota will affect different types of farms in Norway. What will be an optimal adjustment for the farmer? Furthermore, what will the macro effect be of a substantially large reduction in production?

    Data:

    This is a quantitative master thesis for which the diary cooperation Tine will provide data.  Several master thesis have previously been written at NHH in cooperation with TINE.

    Suitable for profiles: ECN

    Supervisor:  Prof. Øivind A. Nilsen 

  • TECHNOLOGY MARKETS: HOW TO (NOT) SELL TECHNOLOGIES?

    TECHNOLOGY MARKETS: HOW TO (NOT) SELL TECHNOLOGIES?

    Background:

    The best innovators are often not the best producers. Many patented technologies with different owners need to be used together in order to produce a valuable product. Consequently, there should be a vivid market for technology transactions. However, many claim that the market is smaller than expected and not working very well. Knowhow is not easy to sell: None are willing to buy something before they have seen it, and when they have seen it (and can use it) why should they pay for it? Will the patent system solve the problem or can patenting prevent investments in new technologies. You might use Apple (or another firm) as a motivating example for a study of how firms might organize sales and purchases of technologies?

    Key references:

    Bessen, J. and M.J. Meurer, (2008) Patent failure: How judges, bureaucrats, and lawyers put innovation at risk, Princeton University Press.

    Jaffe, A. B. and J. Lerner (2004): Innovation and its Discontents: How our broken patent system is endangering innovation and progress, and what to do about it, Princeton University Press

    Data: TBD

    Suitable for profiles: ECO, ECN, FIN, STR

    Supervisor: Eirik Gaard Kristiansen

  • Technological progress and innovations

    Technological progress and innovations

    Background:

    Technological progress and innovations are closely linked to investment. Investment in new capital may increase both capacity or productivity, since new capital embodies the latest technology.  Corrado et al. (2005) argue that measurement of capital should include both tangible and intangible assets, where the latter include intellectual property rights, such as patents, design and trademarks. The literature on the measurement of intangibles has focused on broadening the conceptualization of what constitute a capital investment, developing measures of intangibles at the macro level and, more recently, at the firm level.

    In this master thesis the students can investigate the dynamics of, and interrelationships between, input and output variables in the periods before, during, and after an investment in intangible assets (a discrete event), such as the filing of a patent application or a trademark. Specifically, the thesis will investigate how this event affects the firm’s labour productivity and growth (relative to the industry average). Moreover, it will investigate whether the new intangible capital affects the skill composition of the labour force. Following Nilsen et al. (2008), an explorative econometric approach will be adapted. The data used in the thesis will be primarily registry data from Statistics Norway, such as intellectual property rights registers, accounting data and merged employer-employee data.

    Data: 

    As the data include highly sensitive information, it is necessary to apply for access to the data.

    Suitable for profiles: ECN

    Supervisor:Prof. Øivind A. Nilsen