Image may contain: Glasses, Clothing, Forehead, Nose, Face.
Published Jan. 18, 2022 3:39 PM

Professor Torfinn Harding along with OFS affiliates Magne Mogstad, Kjetil Storesletten, and Gaute Torsvik commented in VG on the Business Compensation Scheme.
Arguing that "it is a very bad idea for the government to cover losses that are not a result of restrictions depriving business owners of the right to free business ... But if this is desired or unavoidable politics, it should be formalized by introducing an ownership guarantee, a social insurance for business owners". 


Image may contain: Forehead, Smile, Collar, Sleeve, Throat.
Published Jan. 4, 2022 4:02 PM

In the recent leaders' debate held in light of the upcoming parliamentary election, the host Fredrik Solvang claims that the Norwegian school system amplifies differences. "Differences in what?" asks OFS affiliate Gaute Torsvik who published an article in DN discussing Solvang's statement, before stating that "the NRK-debate illustrates something general and depressing: it is simpler to get an unreal problem on the agenda than figuring out what today's real problems are".

Image may contain: Forehead, Smile, Collar, Sleeve, Throat.
Published Sep. 8, 2021 6:47 PM

In response to an article recently published by politician Nikolai Astrup, OFS affiliate Gaute Torsvik and professor Magne Mogstad published an article in DN pointing out that Astrup is 'not eligible to his own facts on economic inequality'. Further, Torsvik and Mogstad adresses Astrup's incorrect description of a progressive tax system, stating that a tax system is progressive if the share of taxes payed increase with income. Additionally, the article discusses Astrup's interpretation of who owns profit - before reviewing economic policy and inequality.

Image may contain: Person, Chin, Elder.
Published Sep. 8, 2021 6:47 PM

Following the proposal from the Ministry of Finance to change the Norwegian oil tax (31st of August), OFS affiliate Diderik Lund and professor Knut Einar Rosendahl (NTNU) published an article in DN. In the article they state that the new oil tax proposal from the Ministry of Finance achieves to reduce the motivational effect the former tax system had on oil investments. Further, Lund and Rosendahl points out that the effects of the tax system of 2020 will be of importance for the years to come.

Image may contain: Glasses, Forehead, Glasses, Chin, Eyebrow.
Published Aug. 31, 2021 10:34 AM
OFS affiliate Paolo G. Piacquadio was interviewed in Apollon (August 25th, 2021). Piacquadio discusses the objectives of his ERC research project 'Value Judgments and Redistribution Policies' and how it addresses the world rising inequality. Piacquadio, who earlier this year received the Fridtjof Nansen prize to young researchers, clarifies he is concerned with the ethical underpinnings of taxation and redistribution, rather than with fine-tuning the existing tax systems.  
Image may contain: Glasses, Forehead, Hair, Nose, Glasses.
Published Aug. 26, 2021 11:00 AM

In light of the debate on the wealth tax, OFS affiliate Kristoffer Berg published an article in DN highlighting findings from an IMF working paper he and Shafik Hebous published earlier this year. In the article, Berg discusses how the wealth tax improves equality of opportunity for the next generation. First, he points out that there is a correlation between parental wealth and child income, and second, that the causal effect of one extra million in net wealth for the parents is an additional 14,000 in yearly income for the child. 

Image may contain: Glasses, Forehead, Hair, Nose, Glasses.
Published Aug. 13, 2021 2:07 PM

Kristoffer Berg defended his PhD thesis “Fair and Efficient Taxation” on the 12th of August. By combining theory and empirics, Kristoffer's dissertation explores fairness and efficiency of income and wealth taxation. Supervisors have been Paolo G. Piacquadio (OFS), Thor O. Thoresen (Statistics Norway and OFS), and Gaute Torsvik (OFS). Opponents were Andrea Weber (Central European University), Andreas Peichl (IFO Institute, University of Munich), and Jo Thori Lind (Department of Economics, University of Oslo).

Image may contain: Person, Hair, Face, Blond, Skin.
Published Aug. 10, 2021 8:36 PM

In an interview with NRK Ulltveit-Moe responds to a statement by aquaculture entrepreneur Gustav Witzøe against the Norwegian wealth tax. As the head of the former commission on taxation of the aquaculture companies, Ulltveit-Moe states that the companies are already paying less taxes than what would be natural. Therefore, it is peculiar that they are the ones complaining on the wealth tax. The reason she claims that they are paying less taxes than what would be natural is because the aquaculture companies are not paying a natural resource tax like the oil and gas, or the water power industries.

Image may contain: man, face, chin, neck, forehead.
Published Aug. 9, 2021 1:51 PM

In light of the recent debate on wealth tax Thor Olav Thoresen and Marius A.K. Ring published an article in Aftenposten pointing out some of the findings from a project they have conducted funded by The Research Council of Norway. They address effects of the Norwegian wealth tax such as the income, substitution and distribution effects. One particular finding they highlight is that the substitution effect does not supersede the income effect on savings.

Image may contain: Glasses, Forehead, Glasses, Chin, Smile.
Published Aug. 9, 2021 12:15 PM

OFS affiliate, Paolo Piacquadio, wins the Fridtjof Nansens prize to young researchers in humanities and social science. The prize is awarded to outstanding researchers below the age of 40, in either humanities and social sciences or natural sciences and medicine.  The prize is awarded to Paolo for outstanding research in economics.

Image may contain: Person, Chin, Elder.
Published Mar. 4, 2021 11:58 AM

Diderik Lund is part of a group criticizing an impact assessment made by the Ministry of Petroleum and Energy in 2013. More specifically they discuss the fact that the Ministry did not use present values when they compared the costs and returns of investments in the southeastern Barents Sea. The Parliament can therefore have acted on false information when they decided to open the southeastern Barents Sea for petroleum activity.