Working papers
- Political economy / Public Finance
- Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt (paper 09-2007 and Technical Appendix),
with Song and Zilibotti
- On the Timing of Optimal Capital Taxation (pdf 09-2004),
with Hassler, Krusell, and Zilibotti
- Idiosyncratic Risk and the Life Cycle
- Consumption and Labor Supply with Partial Insurance: An Analytical Framework (pdf
08-2007), with Heathcote and Violante.
- The Cross-Sectional Implications of Rising Wage Inequality in the
United States(pdf
01-2004), with Heathcote and Violante.
Publications in Political
Economy
- Democratic Public Good Provision (pdf), Journal of Economic Theory, 2007, vol. 133 (1), pp. 127-151, with Hassler and
Zilibotti.
- The Dynamics of Government (pdf), Journal
of Monetary Economics, 2005, vol 52 (7) pp. 1331-1358, with Hassler,
Krusell, and Zilibotti.
Technical
Appendix to "The Dynamics of Government".
- A Positive Theory of Geographical Mobility and Social Insurance (pdf).
International Economc Review, 2005, vol. 46 (1), pp. 263-303, with
Hassler, Rodriguez Mora, and Zilibotti.
- The Survival of the Welfare State (
paper and
figures), American
Economic Review, March 2003, vol. 93 (1), pp. 87-112, with Hassler,
Rodriguez-Mora and Zilibotti.
- Dynamic Political Choice in Macroeconomics (pdf), Journal of
the European Economic Association (Papers and Proceedings), 2003, vol. 1
(2-3), pp. 543-52, with J. Hassler and F. Zilibotti.
- Education, educational policy and growth (pdf), Swedish
Economic Policy Review, 2000, vol. 7, pp. 39-70, with Zilibotti.
Publications in Quantitative Macro
(Risk and the Life Cycle)
- Insurance and Opportunities: A Welfare Analysis of Labor Market Risk, (conditionally accepted at the Journal of
Monetary Economics) (pdf 10-2007), with Heathcote and Violante (previous title was "Insurance versus opportunities: The welfare implications of rising
wage dispersion").
- Asset pricing with idiosyncratic risk and overlapping generations
(New version 2007,
pdf), Review of
Economic Dynamics, 2007, vol. 10 (4), pp. 519-548, with
Telmer and Yaron.
- Two Views of Inequality Over the Life-Cycle (pdf) Journal of
the European Economic Association (Papers and Proceedings), 2005, vol. 3
(2-3), pp. 543-52, with Heathcote and Violante.
- Cyclical Dynamics in Idiosyncratic Labor-Market Risk (pdf). Journal of
Political Economy, 2004, vol. 112 (3), pp. 695-717, with Telmer and
Yaron.
- Consumption and Risk Sharing over the Life Cycle (pdf). Journal of
Monetary Economics, 2004, vol. 51, pp. 609-633, with Telmer and Yaron.
- Fiscal Implications of Immigration - A Net Present Value
Calculation (pdf),
Scandinavian Journal of Economics., 2003, vol 105 (3), pp. 487-506.
- The Welfare Costs of Business Cycles Revisited: Finite Lives and
Cyclical Variation in Idiosyncratic Risk (pdf), European
Economic Review, 2001, vol. 45 (7), pp. 1311-1339, with Telmer and
Yaron.
- How Important Are Idiosyncratic Shocks? Evidence from Labor Supply
(pdf), American
Economic Review (Papers and Proceedings), May 2001, vol. 91 (2), pp.
413-17, with Telmer and Yaron.
- Sustaining Fiscal Policy Through Immigration (pdf), Journal of
Political Economy, 2000, vol. 108 (2), pp. 300-23.
- The risk sharing implications of alternative social security
arrangements (postscript).
Carnegie-Rochester Conference Series on Public Policy, 1999, vol. 50,
pp. 213-59, with Telmer and Yaron.
- Dissertation: (postscript) (defended
May 18 1995 at Carnegie Mellon
University).
Comments and chapters in books
- Asset Prices and Intergenerational Risk Sharing: the Role of Idiosyncratic Earnings Shocks (pdf).
In Handbook of Investments Volume 1; Equity Risk Premium, edited by Rajnish Mehra, North-Holland, 2007, with
Telmer and Yaron.
- Comments on: “Hong and Ríos-Rull's ‘Social security, life insurance and annuities for families’”
Journal of Monetary Economics, 2007, vol 54 (1), pp. 141-143 (pdf).
- Discussion of Heaton and Lucas’ “Can heterogeneity,
undiversified risk, and trading frictions solve the equity premium
puzzle?” (pdf).
In Handbook of Investments Volume 1 Equity Risk Premium, edited by Rajnish Mehra, North-Holland, 2007.
- Comment on Krueger and Perri: On the Welfare Consequences of the
Increase in Inequality in the United States? (pdf),
NBER Macroeconomics Annuals 2003. Mark Gertler and Kenneth Rogoff,
editors. MIT Press, 2004, pp. 132-137.
- Unemployment, Specialization, and Collective Preferences for Social
Insurance (pdf).
In The New Economics of Rising Inequalities, pp. 331-50, edited by
Daniel Cohen, Thomas Piketty and Gilles Saint-Paul, Oxford University Press,
2001. Joint with Hassler, Rodriguez Mora, and Zilibotti.
- Comment on Dustmann:
Temporary migration and economic assimilation, (pdf)
Swedish Economic Policy Review 7, 2000.
- Comment on Krueger and
Lindahl: Education for growth in Sweden and the world, (pdf)
Swedish Economic Policy Review 6, 1999.
Teaching
Articles in Norwegian Newspapers
Links to some useful Economics sites (maintained
by Zimmermann)
IDEAS. A research
index site for Economics.
EDIRC. A
listing of web sites of Economics institutions.
QM&RBC. All about Real Business Cycle
Theory and related modelling.
RePEc.
Indexing research in Economics.
NEP-DGE. New Papers in Dynamic
General Equilibrium theory by email.
EconotttmicDynamics. Home of the
Review of Economic Dynamics and the Society for Economic Dynamics.
Contact details
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Teaching | CV | Contact |
Oslo U Econ Dept |
IIES |