Michael Hoel

Professor emeritus
Image of Michael Hoel
Norwegian version of this page
Phone +47-22858387
Mobile phone +47-90045402
Room ES 1235
Visiting address Eilert Sundt house block B Moltke Moes vei 31 0851 OSLO
Postal address Postboks 1095 Blindern 0317 OSLO

Academic Interests

Energy and climate economics, environmental economics, resource economics

Curriculum vitae

Courses taught


  • Professor of economics, Universitetet i Oslo, 1981-d.d.
  • Visiting Researcher at the University of California, Santa Barbara (Dept. of Economics) fall 1999 and fall 2001.
  • Visiting Researcher at the University of California, Berkeley (Dept. of Agricultural and Resource Economics) fall 1995 and fall 1996.
  • Senior Researcher at CICERO (Center for International Climate and Energy Research, Oslo) from August 1991 to December 1992.
  • Consultant at OECD, June to August 1988.
  • Special Consultant at Norges Bank (The Central Bank of Norway), August 1984 to July 1985.
  • Special Consultant at The Ministry of Finance in Norway, January to September 1978.
  • Visiting Associate Professor at Department of Economics, University of California, San Diego, January to July 1982.
  • Visiting Scholar at Department of Economics, M.I.T., 1976-1977


Positions held

  • Scientific Advisor of the Frisch Centre of Economic Research
  • Associate researcher at Vista Analyse
  • Fellow at The Beijer Institute of Ecological Economics
  • Fellow at CESifo
  • Area director of Energy and Climate Economics at CESifo
  • Member of the Scientific Advisory Board of Environmental and Resource Economics
  • Member of the Editorial Board, Resource and Energy Economics



  • The SJE Prize for the best article published in 2011 in The Scandinavian Journal of Economics, 2012.
  • EAERE European Lifetime Achievement Award in Environmental Economics, 2011 (from the European Association of Environmental and Resource Economists).
  • Honorary Doctor at the Carl von Ossietzky University of Oldenburg, 2009.
  • The Eric Kempe Award in Environmental and Resource Economics, 2000 (from the European Association of Environmental and Resource Economists).
  • The Research Prize of the University of Oslo, 1997.
  • The 1996 Award for Outstanding Contributions to the Profession of Energy Economics and to its Literature (from the International Association for Energy Economics).


Tags: Economics, Resources Energy and Environment, Income Employment and Welfare


See CV for full publication list

Michael Hoel and Svenn Jensen, "Cutting Costs of Catching Carbon - Intertemporal effects under imperfect climate policy," Resource and Energy Economics, forthcoming (2012).

Michael Hoel, "Carbon taxes and the green paradox,"  In R. Hahn and U. Ulph (eds.): Climate Change and Common Sense: Essays in Honour of Tom Schelling, Oxford University Press (2012).

Michael Hoel, "The Supply Side of CO2 with Country Heterogeneity," Scandinavian Journal of Economics, Volume 113, Issue 4, December 2011, Pages: 846–865 (2011), here

Michael Hoel, "The green paradox and greenhouse gas reducing investments," International Review of Environmental and Resource Economics: Vol. 5:No 4, pp 353-379 (2011), here

Rolf Golombek and Michael Hoel, "International Cooperation on Climate-Friendly Technologies," Environmental and Resource Economics 49, 473-490 (2011), here

Michael Hoel and Aart de Zeeuw, "Can a Focus on Breakthrough Technologies Improve the Performance of International Environmental Agreements?" Environmental and Resource Economics 47, 395-406 (2010), here

Rolf Golombek, Mads Greaker, and Michael Hoel "Carbon Taxes and Innovation without Commitment", The B.E. Journal of Economic Analysis & Policy, Vol. 10, Iss. 1, Aricle 32, (2010), here

Rolf Golombek and Michael Hoel, "Endogenous technology and tradable emission quotas", Resource and Energy Economics 30, 197-208 (2008), here

Michael Hoel and Thomas Sterner, "Discounting and relative prices", Climatic Change 84, 265-280 (2007)

Scott Barrett, and Michael Hoel, "Optimal disease eradication," Environment and Development Economics 12, 627-652 (2007). here

Michael Hoel, "What should (public) health insurance cover?" Journal of Health Economics 26, 2007, 251-262, here

Michael Hoel, Tor Iversen, Tore Nilssen, and Jon Vislie, "Genetic testing in competitive insurance markets with repulsion from chance: A welfare analysis," Journal of Health Economics 25(5), 2006, 847-860, here

Published Oct. 9, 2010 2:10 PM - Last modified Oct. 31, 2019 1:50 PM