Kjetil Storesletten

University of Oslo - Department of Economics

Associate Professor

P.O. Box 1095 Blindern

N-0317 Oslo

Norway

http://folk.uio.no/kjstore/

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

SCHOLARLY PAPERS

33

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317

CROSSREF CITATIONS

863

Scholarly Papers (33)

1.

Sharing High Growth across Generations: Pensions and Demographic Transition in China

UBS Center Working Paper Series, Working Paper No. 1, November 2012
Number of pages: 52 Posted: 06 Jun 2013
Fudan University - School of Economics, University of Oslo - Department of Economics, University of Zurich and Yale University
Downloads 312 (120,023)
Citation 4

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China, Credit market imperfections, Demographic transition, Economic growth, Fully funded system, Inequality, Intergenerational redistribution, Labor supply, Migration, Pensions, Poverty, Rural-urban reallocation, Total fertility rate, Wage growth

Asset Pricing with Idiosyncratic Risk and Overlapping Generations

Universitat Pompeu Fabra Working Paper No. 405
Number of pages: 63 Posted: 19 Apr 2000
Kjetil Storesletten, Chris Telmer and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania -- Wharton School of Business
Downloads 238 (157,754)
Citation 75

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Asset Pricing with Idiosyncratic Risk and Overlapping Generations

Number of pages: 53 Posted: 06 Dec 2001
Kjetil Storesletten, Chris Telmer and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania -- Wharton School of Business
Downloads 28 (591,533)
Citation 72
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PSID, life-cycle effects

3.

Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt

Number of pages: 57 Posted: 28 Jun 2007
Zheng Michael Song, Kjetil Storesletten and Fabrizio Zilibotti
Fudan University - School of Economics, University of Oslo - Department of Economics and Yale University
Downloads 179 (205,988)
Citation 31

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Fiscal discipline, Fiscal policy, Government debt, Intergenerational conflict, Left- and right-wing governments, Markov equilibrium, Political economy, Public finance, Repeated voting

A Positive Theory of Geographic Mobility and Social Insurance

Number of pages: 51 Posted: 22 Nov 2002
Stockholm University - Institute for International Economic Studies (IIES), Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Oslo - Department of Economics and Yale University
Downloads 91 (344,844)

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Employment, Migration, Geographical Mobility, Political Equilibrium, Unemployment Insurance, Voting

A Positive Theory of Geographic Mobility and Social Insurance

Number of pages: 41 Posted: 09 Feb 2005
Stockholm University - Institute for International Economic Studies (IIES), University of Oslo - Department of Economics, Yale University and Universitat Pompeu Fabra
Downloads 35 (549,464)
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A Positive Theory of Geographic Mobility and Social Insurance

Number of pages: 50 Posted: 02 Oct 2001
Stockholm University - Institute for International Economic Studies (IIES), Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Oslo - Department of Economics and Yale University
Downloads 19 (656,875)
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Employment, migration, geographical mobility, political equilibrium, unemployment insurance, voting

5.
Downloads 81 (367,243)
Citation 4

Dissecting Idiosyncratic Earnings Risk

Number of pages: 69 Posted: 22 Sep 2020
Elin Halvorsen, Hans Aasnes Holter, Serdar Ozkan and Kjetil Storesletten
Statistics Norway - Research Department, University of Oslo - Department of Economics, University of Toronto and University of Oslo - Department of Economics
Downloads 79 (376,451)
Citation 2

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Earnings dynamics, Income shocks, Insurance, Wages, Hours, Higherorder earnings risk, Skewness, Kurtosis

Dissecting Idiosyncratic Earnings Risk

CEPR Discussion Paper No. DP15395
Number of pages: 72 Posted: 03 Nov 2020
Elin Halvorsen, Hans Holter, Serdar Ozkan and Kjetil Storesletten
Statistics Norway - Research Department, University of Oslo, University of Toronto and University of Oslo - Department of Economics
Downloads 2 (800,428)
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Earnings Dynamics, Higher-order earnings risk, Hours, Income Shocks, Insurance, Kurtosis, Skewness, wages

6.

Equilibrium Unemployment Insurance

UPF Economics and Business Working Paper No. 605
Number of pages: 45 Posted: 30 Dec 2003
Stockholm University - Institute for International Economic Studies (IIES), Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Oslo - Department of Economics and Yale University
Downloads 79 (372,654)
Citation 3

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Comparative advantege, employment, political equilibrium, search, specialization, unemployment insurance

7.
Downloads 33 (404,862)
Citation 5

Taxes and the Global Allocation of Capital

NBER Working Paper No. w13624
Number of pages: 31 Posted: 29 Nov 2007 Last Revised: 25 Mar 2021
David K. Backus, Espen Henriksen and Kjetil Storesletten
NYU Stern School of Business (deceased), Department of Financial Economics, BI Norwegian Business School and University of Oslo - Department of Economics
Downloads 33 (560,833)

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Quantitative Macroeconomics with Heterogeneous Households

NBER Working Paper No. w14768
Number of pages: 56 Posted: 05 Mar 2009
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 58 (445,274)

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Quantitative Macroeconomics with Heterogeneous Households

Annual Review of Economics, Vol. 1, pp. 319-354, 2009
Posted: 04 Jun 2010
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics

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Quantitative Macroeconomics with Heterogeneous Households

Annual Review of Economics, 2009
Posted: 31 Aug 2011
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics

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Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective

Cowles Foundation Discussion Paper No. 2191, August 2019
Number of pages: 72 Posted: 05 Sep 2019
Kjetil Storesletten, Bo Zhao and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Yale University
Downloads 49 (481,297)

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Agriculture, Business Cycle, Capital Accumulation, China, Employment, Lewis, Modernization, Structural Change

Business Cycle During Structural Change: Arthur Lewis&Apos; Theory from a Neoclassical Perspective

NBER Working Paper No. w26181
Number of pages: 72 Posted: 27 Aug 2019 Last Revised: 16 Jul 2021
Kjetil Storesletten, Bo Zhao and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Yale University
Downloads 5 (772,222)

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Business Cycle During Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective

CEPR Discussion Paper No. DP14964
Number of pages: 76 Posted: 23 Jul 2020 Last Revised: 16 Aug 2020
Kjetil Storesletten, Bo Zhao and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Yale University
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The Cross-Sectional Implications of Rising Wage Inequality in the United States

Number of pages: 58 Posted: 07 Apr 2004
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 20 (649,181)
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Consumption inequality, labour supply, wage inequality, welfare

11.

On the Optimal Timing of Capital Taxes

University of Zurich, Institute for Empirical Research in Economics Working Paper Series No. 343
Number of pages: 37 Posted: 13 Dec 2007
John Hassler, Per Krusell, Kjetil Storesletten and Fabrizio Zilibotti
Stockholm University - Institute for International Economic Studies (IIES), Princeton University - Department of Economics, University of Oslo - Department of Economics and Yale University
Downloads 41 (507,638)
Citation 7

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Asset depreciation, Human capital, Optimal taxation, Oscillations, State-contingent taxes, Tax dynamics

12.

Consumption and Risk Sharing Over the Life Cycle

NBER Working Paper No. w7995
Number of pages: 46 Posted: 02 Nov 2000 Last Revised: 08 May 2021
Kjetil Storesletten, Chris Telmer and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania -- Wharton School of Business
Downloads 39 (517,054)
Citation 11

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13.

The Welfare Cost of Business Cycles Revisited: Finite Lives and Cyclical Variation in Idiosyncratic Risk

NBER Working Paper No. w8040
Number of pages: 32 Posted: 11 Dec 2000 Last Revised: 21 Jun 2021
Kjetil Storesletten, Chris Telmer and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania -- Wharton School of Business
Downloads 38 (521,823)
Citation 5

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14.

Two Views of Inequality Over the Life-Cycle

Number of pages: 14 Posted: 24 Jan 2005
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 29 (569,550)
Citation 5
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Wage inequality, consumption inequality, cohort effects, labor supply

15.
Downloads 27 (581,674)

The Survival of the Welfare State

Number of pages: 44 Posted: 10 Aug 2001
Stockholm University - Institute for International Economic Studies (IIES), Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Oslo - Department of Economics and Yale University
Downloads 27 (598,154)
Citation 10
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Repeated voting, markov equilibrium, multiple equilibria, welfare state, redistribution, policy-behaviour

The Survival of the Welfare State

UPF, Economics and Business Working Paper No. 603
Posted: 17 Aug 2002
Stockholm University - Institute for International Economic Studies (IIES), Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Oslo - Department of Economics and Yale University

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Repeated voting, Markov equilibrium, multiple equilibria, welfare state, redistribution, political economy, policy persistence, wage inequality, education

16.

Insurance and Opportunities: A Welfare Analysis of Labor Market Risk

NBER Working Paper No. w13673
Number of pages: 50 Posted: 19 Dec 2007 Last Revised: 13 May 2021
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 22 (614,608)
Citation 1

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17.

Democratic Public Good Provision

Number of pages: 39 Posted: 24 Oct 2003
John Hassler, Kjetil Storesletten and Fabrizio Zilibotti
Stockholm University - Institute for International Economic Studies (IIES), University of Oslo - Department of Economics and Yale University
Downloads 22 (614,608)
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Markov equilibrium, multiple equilibria, public good, political economy, Ramsey allocation, taxation

18.

On the Optimal Timing of Taxes

Number of pages: 43 Posted: 31 Jan 2005
John Hassler, Per Krusell, Kjetil Storesletten and Fabrizio Zilibotti
Stockholm University - Institute for International Economic Studies (IIES), Princeton University - Department of Economics, University of Oslo - Department of Economics and Yale University
Downloads 21 (621,311)
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Optimal taxation, tax dynamics, time-consistency, capital depreciation

19.

Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion

CEPR Discussion Paper No. 5200
Number of pages: 58 Posted: 05 Oct 2005
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 17 (649,415)
Citation 1
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Insurance, labor supply, productivity, wage dispersion, welfare

20.

The Macroeconomic Implications of Rising Wage Inequality in the United States

NBER Working Paper No. w14052
Number of pages: 63 Posted: 09 Jun 2008 Last Revised: 26 May 2021
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 15 (663,896)
Citation 37

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21.

Growing Like China

CEPR Discussion Paper No. DP7149
Number of pages: 56 Posted: 18 Feb 2009
Zheng Michael Song, Kjetil Storesletten and Fabrizio Zilibotti
Fudan University - School of Economics, University of Oslo - Department of Economics and Yale University
Downloads 14 (671,335)
Citation 72
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China, Economic Growth, Entrepreneurs, Foreign Surplus, Investment, Productivity Heterogeneity, Rate of Return on Capital, Reallocation, State-Owned Firms

22.

Fiscal Implications of Immigration - a Net Present Value Calculation

Number of pages: 20 Posted: 20 Oct 2003
Kjetil Storesletten
University of Oslo - Department of Economics
Downloads 14 (671,335)
Citation 5
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Consumption and Labor Supply with Partial Insurance: An Analytical Framework

NBER Working Paper No. w15257
Number of pages: 49 Posted: 18 Aug 2009 Last Revised: 10 Sep 2010
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 13 (704,637)

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Consumption and Labor Supply with Partial Insurance: An Analytical Framework

Federal Reserve Bank of Minneapolis Staff Report No. 432
Posted: 23 Sep 2009
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics

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wage inequality, consumption inequality, structural estimation

From Imitation to Innovation: Where is All that Chinese R&D Going?

NBER Working Paper No. w27404
Number of pages: 47 Posted: 22 Jun 2020 Last Revised: 19 May 2021
University of Amsterdam, City University of Hong Kong (CityUHK), University of Oslo - Department of Economics and Yale University
Downloads 4 (780,603)
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From Imitation to Innovation: Where is All that Chinese R&D Going?

CEPR Discussion Paper No. DP14966
Number of pages: 51 Posted: 23 Jul 2020 Last Revised: 16 Aug 2020
University of Amsterdam, City University of Hong Kong (CityUHK), University of Oslo - Department of Economics and Yale University
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China, Imitation, Innovation, Misallocation, productivity, R&D, Subsidies, Taiwan, TFP growth, Traveling Wave

25.

Consumption and Labour Supply with Partial Insurance: An Analytical Framework

CEPR Discussion Paper No. DP6280
Number of pages: 64 Posted: 21 May 2008
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics
Downloads 3 (756,790)
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Consumption, incomplete markets, inequality, labour supply, partial insurance

26.
Downloads 2 (766,320)
Citation 1

Optimal Progressivity with Age-Dependent Taxation

NBER Working Paper No. w25617
Number of pages: 77 Posted: 04 Mar 2019 Last Revised: 01 Jul 2021
Jonathan Heathcote, Kjetil Storesletten and Giovanni Violante
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
Downloads 2 (800,428)

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Optimal Progressivity with Age-Dependent Taxation

CEPR Discussion Paper No. DP13550
Number of pages: 82 Posted: 07 Mar 2019
Jonathan Heathcote, Kjetil Storesletten and Gianluca Violante
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
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income distribution, incomplete markets, Labor Supply, Life Cycle, Skill investment, Tax progressivity

27.

How Should Tax Progressivity Respond to Rising Income Inequality

CEPR Discussion Paper No. DP15394
Number of pages: 48 Posted: 03 Nov 2020
Jonathan Heathcote, Kjetil Storesletten and Gianluca Violante
Federal Reserve Banks - Federal Reserve Bank of Minneapolis, University of Oslo - Department of Economics and Princeton University
Downloads 0 (794,839)
Citation 3
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inequality, InequalityMarkets, Labor Supply, optimal taxation, redistribution, Tax progressivity

28.

How Should Tax Progressivity Respond to Rising Income Inequality?

NBER Working Paper No. w28006
Number of pages: 46 Posted: 27 Oct 2020 Last Revised: 11 Jul 2021
Jonathan Heathcote, Kjetil Storesletten and Gianluca Violante
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
Downloads 0 (794,839)
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29.

Barriers to Entry and Regional Economic Growth in China

CEPR Discussion Paper No. DP14965
Number of pages: 51 Posted: 23 Jul 2020 Last Revised: 16 Aug 2020
Loren Brandt, Gueorgui Kambourov and Kjetil Storesletten
University of Toronto, University of Toronto and University of Oslo - Department of Economics
Downloads 0 (794,839)
Citation 1
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capital distortions, China, convergence, Entry Barriers, Firm entry, growth, output distortions, SOE reform, transition

30.

China's Great Convergence and Beyond

Annual Review of Economics, Vol. 6, pp. 333-362, 2014
Posted: 08 Aug 2014
Kjetil Storesletten and Fabrizio Zilibotti
University of Oslo - Department of Economics and Yale University

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31.

Quantitative Macroeconomies with Heterogeneous Households

Federal Reserve Bank of Minneapolis Staff Report No. 420
Posted: 24 Jun 2009
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University, Department of Economics

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Incomplete Markets, Inequality, Insurance, Idiosyncratic Risk, Redistribution

32.

Cyclical Dynamics in Idiosyncratic Labor Market Risk

Posted: 03 May 2004
Kjetil Storesletten, Chris Telmer and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and University of Pennsylvania -- Wharton School of Business

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33.

Sustaining Fiscal Policy Through Immigration

Posted: 18 Apr 2000
Kjetil Storesletten
University of Oslo - Department of Economics

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