Samuel Wills, Rick van der Ploeg, Ton van den Bremer, 10 October 2014

Norway’s sovereign wealth fund is the largest in the world. As such, it has prompted discussions about its design. This column argues that one flaw in the fund is that it doesn’t consider oil reserves beneath the ground. Changing the equity/bond mix and the spending rule could lead to significant welfare improvements.

Events

CEPR Policy Research