Pål Boug
Biographic Data
| ID | 9595487 |
|---|---|
| NAME | Pål Boug |
| GIVEN NAMES | Pål |
| FAMILY NAME | Boug |
| SIGNATURE | BOUG P |
| AFFILIATIONS | Statistics Norway |
| ORCID | 0000-0003-3809-982X |
| VERIFIED | Yes |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 4 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2021 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 0 |
Did Opec change its behaviour after the November 2014 meeting
We analyse the behaviour of OPEC as a group by formulating a theoretical model that encompasses the perfect competition model and various forms of the imperfect competition model. By confronting the theoretical model with quarterly data for the period from 1992 to 2013 within the context of a cointegrated vector autoregressive (CVAR) model, we find support for the imperfect competition hypothesis regarding the output decisions of OPEC. We also fi…
Exact and inexact decompositions of trade price indices
A reasonable concept for the true trade price index in situations where low-price countries capture market shares from high-price countries is the average price paid by importers for the same quality of good or service from all exporting countries. However, decompositions of trade price indices are usually inexact in the sense that the average price used as the underlying aggregator formula is not exactly reproduced. In this paper, we compare ana…
The Consumption Euler Equation or the Keynesian Consumption Function
We formulate a general cointegrated vector autoregressive (CVAR) model that nests both a class of consumption Euler equations and various Keynesian‐type consumption functions. Using likelihood‐based methods and Norwegian data, we find support for cointegration between consumption, income and wealth once a structural break around the time of the financial crisis is allowed for. The fact that consumption cointegrates with both income and wealth and…
The empirical modelling of house prices and debt revisited
The recent boom in house prices in many countries during the COVID-19 pandemic and the possibility of household financial distress are of concern among some central banks. We revisit the empirical modelling of house prices and household debt with a policy-oriented perspective using Norwegian data over the last four decades within the cointegrated VAR model. Our findings suggest, in line with previous work, a long-run mutually reinforcing relation…
No prominent works on this page.
The Consumption Euler Equation or the Keynesian Consumption Function
We formulate a general cointegrated vector autoregressive (CVAR) model that nests both a class of consumption Euler equations and various Keynesian‐type consumption functions. Using likelihood‐based methods and Norwegian data, we find support for cointegration between consumption, income and wealth once a structural break around the time of the financial crisis is allowed for. The fact that consumption cointegrates with both income and wealth and…
Did Opec change its behaviour after the November 2014 meeting
We analyse the behaviour of OPEC as a group by formulating a theoretical model that encompasses the perfect competition model and various forms of the imperfect competition model. By confronting the theoretical model with quarterly data for the period from 1992 to 2013 within the context of a cointegrated vector autoregressive (CVAR) model, we find support for the imperfect competition hypothesis regarding the output decisions of OPEC. We also fi…
Exact and inexact decompositions of trade price indices
A reasonable concept for the true trade price index in situations where low-price countries capture market shares from high-price countries is the average price paid by importers for the same quality of good or service from all exporting countries. However, decompositions of trade price indices are usually inexact in the sense that the average price used as the underlying aggregator formula is not exactly reproduced. In this paper, we compare ana…
The empirical modelling of house prices and debt revisited
The recent boom in house prices in many countries during the COVID-19 pandemic and the possibility of household financial distress are of concern among some central banks. We revisit the empirical modelling of house prices and household debt with a policy-oriented perspective using Norwegian data over the last four decades within the cointegrated VAR model. Our findings suggest, in line with previous work, a long-run mutually reinforcing relation…
Economics (4 works) · Econometrics (3 works) · Energy, Environment, Economic Growth (2 works) · Financial Literacy, Pension, Retirement Analysis (2 works) · Macroeconomics (2 works) · Market Dynamics and Volatility (2 works) · Mathematics (2 works) · Microeconomics (2 works) · Autoregressive model (1 work) · Boom (1 work)