Our dedication to excellence, our attention to detail, and our experience and innovation give us the ability to deliver superior service to every customer, with every shipment. We service many industries including power, wind, nuclear, petro-chemical, and more. We also have the equipment to get the job done with our caboose and axle railcar. We differentiate ourselves in our ability to provide logistics and transportation services for the largest commodities, which provides value in the engineering, construction and utility business sectors.
Our ability to coordinate material flow reduces the overall cost of the entire transportation chain. Learn More. Along with ma Read More. Supervisor: Gernot Doppelhofer. 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.
What are important factors predicting current and future economic activity and financial variables, such as exchange rates, stock prices, …? Stock, J. Forecasting Inflation. Journal of Monetary Economics v44 2 : 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? 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 observe immediate responses to demand-, technology-, and cost-shocks? As the data include highly sensitive information, it is necessary to apply for access to the data.
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. Supervisor: Prof. 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? Christopher J. 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 ; Lleras-Muney 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. 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.
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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. Bebchuk, L. Fried Pay without performance: The unfulfilled promise of executive compensation, Harvard University Press. Supervisor: Eirik Gaard Kristiansen. 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. The peak-end-rule says that the most memorable parts of an experience is the peak i. 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.
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In particular, the aim is to combine data from e. The thesis will also include a replication of the paper by Card and Dahl on prospect theory and violence. 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.
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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. Price index statistics constructed by Statistics Norway. Se for eksempel Klemperer : "Bidding markets". Veileder: Linda Orvedal. 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 , a program offering amnesty to undocumented immigrants, impacted the school attendance of young immigrants in families of undocumented immigrants in the United States.
Some school level data on can be provided by the supervisor, but additional data collection is required. Several countries, including U. 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.
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A master thesis on this topic could focus on one or several specific policies and subquestions. An analysis of tax rebates for hybrids vehicles", Journal of Environmental Economics and Management ; Holtsmark : "Elbilpolitikken - virker den etter hensikten? 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. 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.
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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. 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.
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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. Rajan R. Zingales , Saving capitalism from the capitalists Princeton University Press. The Norwegian authorities want to reduce milk production in Norway by million litres by and 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.