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

34

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2,876

TOTAL CITATIONS
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Top 1,026

in Total Papers Citations

523

Scholarly Papers (34)

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 Centre for Economic Policy Research (CEPR)Yale University
Downloads 422 (145,803)
Citation 8

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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, Amir Yaron and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and Bank of IsraelUniversity of Pennsylvania -- Wharton School of Business
Downloads 358 (173,861)
Citation 69

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Asset Pricing with Idiosyncratic Risk and Overlapping Generations

Number of pages: 53 Posted: 06 Dec 2001
Kjetil Storesletten, Chris Telmer, Amir Yaron and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and Bank of IsraelUniversity of Pennsylvania -- Wharton School of Business
Downloads 48 (841,517)
Citation 93
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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
Fudan University - School of Economics, University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 231 (276,330)
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

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, Fabrizio Zilibotti and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Centre for Economic Policy Research (CEPR)Yale University
Downloads 171 (364,297)

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

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

NBER Working Paper No. w26181
Number of pages: 72 Posted: 27 Aug 2019 Last Revised: 16 Jul 2023
Kjetil Storesletten, Bo Zhao, Fabrizio Zilibotti and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Centre for Economic Policy Research (CEPR)Yale University
Downloads 23 (1,094,614)

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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, Fabrizio Zilibotti and Fabrizio Zilibotti
University of Oslo - Department of Economics, Peking University and Centre for Economic Policy Research (CEPR)Yale University
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Taxes and the Global Allocation of Capital

NBER Working Paper No. w13624
Number of pages: 31 Posted: 29 Nov 2007 Last Revised: 24 Sep 2022
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 125 (473,240)

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6.
Downloads 67 (382,264)
Citation 3

Dissecting Idiosyncratic Earnings Risk

Number of pages: 87 Posted: 22 Sep 2020 Last Revised: 04 Apr 2023
Elin Halvorsen, Hans Aasnes Holter, Serdar Ozkan and Kjetil Storesletten
Statistics Norway - Research Department, University of Delaware - Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and University of Oslo - Department of Economics
Downloads 64 (731,675)
Citation 2

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Earnings dynamics, Income shocks, Insurance, Wages, Hours, Higher-order earnings risk, Skewness, Kurtosis, Machine learning

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, Federal Reserve Banks - Federal Reserve Bank of St. Louis and University of Oslo - Department of Economics
Downloads 3 (1,340,535)
Citation 1
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Earnings Dynamics, Higher-order earnings risk, Hours, Income Shocks, Insurance, Kurtosis, Skewness, wages

7.

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 Centre for Economic Policy Research (CEPR)Yale University
Downloads 158 (390,552)
Citation 3

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

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 Centre for Economic Policy Research (CEPR)Yale University
Downloads 127 (467,264)
Citation 12

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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: 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 Centre for Economic Policy Research (CEPR)Yale University
Downloads 21 (1,120,915)
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Employment, migration, geographical mobility, political equilibrium, unemployment insurance, voting

9.

Growing Like China

CEPR Discussion Paper No. DP7149
Number of pages: 56 Posted: 18 Feb 2009
Fudan University - School of Economics, University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 126 (468,395)
Citation 72
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China, Economic Growth, Entrepreneurs, Foreign Surplus, Investment, Productivity Heterogeneity, Rate of Return on Capital, Reallocation, State-Owned Firms

10.

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
Stockholm University - Institute for International Economic Studies (IIES), Princeton University - Department of Economics, University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 123 (477,264)
Citation 7

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

11.

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: 12 Nov 2022
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University (NYU) - Department of Economics
Downloads 118 (492,646)
Citation 1

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12.

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: 25 Nov 2022
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University (NYU) - Department of Economics
Downloads 108 (526,171)
Citation 81

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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: 11 Mar 2023
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University (NYU) - Department of Economics
Downloads 102 (553,312)
Citation 73

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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 (NYU) - Department of Economics

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wage inequality, consumption inequality, structural estimation

Quantitative Macroeconomics with Heterogeneous Households

NBER Working Paper No. w14768
Number of pages: 56 Posted: 05 Mar 2009 Last Revised: 09 Nov 2022
Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Minneapolis Fed, University of Oslo - Department of Economics and New York University (NYU) - Department of Economics
Downloads 99 (565,236)

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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 (NYU) - 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 (NYU) - Department of Economics

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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 (NYU) - Department of Economics
Downloads 20 (1,134,312)
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Consumption inequality, labour supply, wage inequality, welfare

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

NBER Working Paper No. w27404
Number of pages: 61 Posted: 22 Jun 2020 Last Revised: 19 May 2023
University of Amsterdam, City University of Hong Kong (CityU), University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 71 (691,884)
Citation 22

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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 (CityU), University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 1 (1,356,412)
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China, Imitation, Innovation, Misallocation, productivity, R&D, Subsidies, Taiwan, TFP growth, Traveling Wave

17.

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 2022
Kjetil Storesletten, Chris Telmer, Amir Yaron and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and Bank of IsraelUniversity of Pennsylvania -- Wharton School of Business
Downloads 63 (724,187)
Citation 11

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18.

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: 22 Dec 2022
Kjetil Storesletten, Chris Telmer, Amir Yaron and Amir Yaron
University of Oslo - Department of Economics, Carnegie Mellon University - David A. Tepper School of Business and Bank of IsraelUniversity of Pennsylvania -- Wharton School of Business
Downloads 55 (773,178)
Citation 5

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19.

How Should Tax Progressivity Respond to Rising Income Inequality?

NBER Working Paper No. w28006
Number of pages: 46 Posted: 27 Oct 2020 Last Revised: 10 Jul 2023
Jonathan Heathcote, Kjetil Storesletten and Gianluca Violante
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
Downloads 35 (933,231)

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20.

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 (NYU) - Department of Economics
Downloads 33 (952,748)
Citation 5
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Wage inequality, consumption inequality, cohort effects, labor supply

21.
Downloads 32 (962,662)
Citation 10

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 Centre for Economic Policy Research (CEPR)Yale University
Downloads 32 (989,274)
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 Centre for Economic Policy Research (CEPR)Yale University

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

Optimal Progressivity with Age-Dependent Taxation

NBER Working Paper No. w25617
Number of pages: 77 Posted: 04 Mar 2019 Last Revised: 01 Jul 2023
Jonathan Heathcote, Kjetil Storesletten and Giovanni Violante
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
Downloads 29 (1,022,375)

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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
Downloads 1 (1,356,412)
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income distribution, incomplete markets, Labor Supply, Life Cycle, Skill investment, Tax progressivity

23.

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 26 (1,027,472)
Citation 1
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capital distortions, China, convergence, Entry Barriers, Firm entry, growth, output distortions, SOE reform, transition

24.

Democratic Public Good Provision

Number of pages: 39 Posted: 24 Oct 2003
Stockholm University - Institute for International Economic Studies (IIES), University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 23 (1,062,643)
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Markov equilibrium, multiple equilibria, public good, political economy, Ramsey allocation, taxation

25.

On the Optimal Timing of Taxes

Number of pages: 43 Posted: 31 Jan 2005
Stockholm University - Institute for International Economic Studies (IIES), Princeton University - Department of Economics, University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University
Downloads 22 (1,074,978)
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Optimal taxation, tax dynamics, time-consistency, capital depreciation

26.

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 (NYU) - Department of Economics
Downloads 18 (1,125,401)
Citation 1
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Insurance, labor supply, productivity, wage dispersion, welfare

27.

Serial Entrepreneurship in China

CEPR Discussion Paper No. DP17131
Number of pages: 52 Posted: 29 Mar 2022
University of Toronto - Department of Economics, Central University of Finance and Economics, University of Toronto, University of Oslo - Department of Economics and Peking University - National School of Development
Downloads 9 (1,237,101)
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capital distortions, entrepreneurship, Serial Entrepreneurship

28.

Demand Shocks as Technology Shocks

NBER Working Paper No. w32169
Number of pages: 64 Posted: 26 Feb 2024 Last Revised: 27 Feb 2024
Yan Bai, José-Víctor Ríos-Rull and Kjetil Storesletten
University of Rochester - Department of Economics, University of Pennsylvania and University of Oslo - Department of Economics
Downloads 6 (1,265,033)
Citation 3
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29.

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 (NYU) - Department of Economics
Downloads 3 (1,284,994)
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Consumption, incomplete markets, inequality, labour supply, partial insurance

30.

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
Minneapolis Fed, University of Oslo - Department of Economics and Princeton University
Downloads 2 (1,290,739)
Citation 11
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inequality, InequalityMarkets, Labor Supply, optimal taxation, redistribution, Tax progressivity

31.

China's Great Convergence and Beyond

Annual Review of Economics, Vol. 6, pp. 333-362, 2014
Posted: 08 Aug 2014
Kjetil Storesletten, Fabrizio Zilibotti and Fabrizio Zilibotti
University of Oslo - Department of Economics and Centre for Economic Policy Research (CEPR)Yale University

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32.

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 (NYU) - Department of Economics

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Incomplete Markets, Inequality, Insurance, Idiosyncratic Risk, Redistribution

33.

Cyclical Dynamics in Idiosyncratic Labor Market Risk

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

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34.

Sustaining Fiscal Policy Through Immigration

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

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