FAIR receives new RCN-grant

5 October 2020 15:09

FAIR receives new RCN-grant

Together with the Macroeconomics, Risk and Sustainability group, FAIR received a 1.5 million from the Research Council of Norway (ISPSAM program)

Together with the Macroeconomics, Risk and Sustainability group, FAIR received a 1.5 million from the Research Council of Norway (ISPSAM program) to build up a unique platform for labor, behavioral, and macroeconomists and jointly create new knowledge for on-time policymaking.

A unique collaboration

The new project Global Challenges, Sustainability, and the Welfare State is a collaboration between FAIR and the Macroeconomics, Risk and Sustainability group at NHH. Together, we aim to build a unique platform for labor, behavioral, and macroeconomists studying economic inequality, the financing of the welfare state, economic restructuring, drivers of macroeconomic cycles and economic policy, and the effects and challenges in a resource-rich economy.

The key features uniting the two groups are the use of the rich administrative data in Norway and rigorous statistical methods to identify cause-and-effect relationships as well as the goal to provide research results that are highly policy-relevant. Having a group that brings the micro and the macro perspective together will provide novel partnerships to expand the research frontier and will be of great value for policymakers.

The key objectives are to facilitate collaborations of researchers in different fields of economics, establish international partnerships, and educate a new generation of researchers.

The project will support research visits to partner institutions abroad, PhD courses, and international workshops. Overall, the planned activities are all research-oriented and designed to increase the visibility of the research team and to attract new international talent to FAIR.