Andreas Fagereng

News:
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I am a Professor of Finance at BI Norwegian Business School and a Senior Researcher at Statistics Norway. I am also a Co-director of the Centre for Household Finance and Macroeconomic Research (HOFIMAR) and a member of the Research Policy Network on Household Finance at the Center for Economic Policy Research (CEPR). My research, which is focused around household finance and macroeconomics, is funded by the European Research Council through the 3D-In-Macro project.  

Curriculum Vitae

Education

Ph.D. in Economics, European University Institute, 2012

Contact

BI Norwegian Business School, Department of Finance, Nydalsveien 37, 0484 Oslo, Norway

Working papers

Fisher Effects, Monetary Policy and Household Indebtedness, with Magnus Gulbrandsen, Martin Holm & Gisle Natvik
Revise & resubmit, Journal of Money, Credit and Banking

K-Returns to Education, with Luigi Guiso, Martin Holm & Luigi Pistaferri

Saving Behavior Across the Wealth Distribution, with Martin Holm, Benjamin Moll & Gisle Natvik, NBER Wp 26588 [Online Appendix]
Revise & resubmit, Review of Economic Studies

Asset-Price Redistribution, with Matthieu Gomez, Émilien Gouin-Bonenfant, Martin Holm, Benjamin Moll & Gisle Natvik
Revise & resubmit, Journal of Political Economy

Assortative Mating and Wealth Inequality, with Luigi Guiso & Luigi Pistaferri

How much and how fast do investors respond to equity premium changes? Evidence from wealth taxation, with Luigi Guiso & Marius Ring

Insurance Within the Family, with Luigi Guiso, Luigi Pistaferri & Marius Ring


Published work

The Consumption Expenditure Response to Unemployment: Evidence from Norwegian Households, with Helene Onshuus & Kjersti Torstensen [Online Appendix]

Journal of Monetary Economics, 2024. 10.1016/j.jmoneco.2024.103578

MPC Heterogeneity and Household Balance Sheets, with Martin Holm & Gisle Natvik 

American Economic Journal: Macroeconomics, 13 (3) pp. 1-54, 2021. 10.1257/mac.20190211

Why do Wealthy Parents have Wealthy Children? with Magne Mogstad & Marte Rønning

Journal of Political Economy, 129 (3) pp. 703-756, 2021. 10.1086/712446

Housing Wealth in Norway, 1993-2015, with Martin Holm & Kjersti Torstensen

Journal of Economic and Social Measurement, 45 (1) pp. 65-81, 2020. 10.3233/JEM-200471

Heterogeneity and Persistence in Returns to Wealth, with Luigi Guiso, Davide Malacrino & Luigi Pistaferri

Econometrica, 88 (1) pp.115-170, 2020. 10.3982/ECTA14835

Portfolio Choices, Firm Shocks and Uninsurable Wage Risk, with Luigi Guiso & Luigi Pistaferri 

Review of Economic Studies, 85 (1) pp.396-436, 2018. 10.1093/restud/rdx023 [VoxEU]

Firm-Related Risk and Precautionary Saving Response, with Luigi Guiso & Luigi Pistaferri

American Economic Review: Papers & Proceedings, 107 (5) pp.393-397, 2017. 10.1257/aer.p20171093

Imputing consumption from Norwegian income and wealth registry data, with Elin Halvorsen

Journal of Economic and Social Measurement, 42 (1) pp.67-100, 2017. 10.3233/jem438

Asset Market Participation and Portfolio Choice over the Life-Cycle, with Charles Gottlieb & Luigi Guiso

Journal of Finance, 72 (2) pp.705-750, 2017. 10.1111/jofi.12484  [Online Appendix] [Slides]

Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality, with Luigi Guiso, Davide Malacrino & Luigi Pistaferri 

American Economic Review: Papers & Proceedings, 106 (5) pp.651-655, 2016. 10.1257/aer.p20161022

Saving and Portfolio Allocation Before and After Job Loss, with Christoph Basten & Kjetil Telle

Journal of Money, Credit and Banking, 48 (2-3) pp.293-324, 2016. 10.1111/jmcb.12301  [Online Appendix]

Cash-on-Hand and the Duration of Job Search: Quasi-experimental evidence from Norway, with Christoph Basten & Kjetil Telle

Economic Journal, 124 (576) pp.540-568, 2014. 10.1111/ecoj.12135  [Samfunnsøkonomen]

Exchange rate volatility and export performance: A cointegrated VAR approach, with Pål Boug 

Applied Economics, 42 (7) pp.851-864, 2010.  10.1080/0003684 


Current grants

2020-2025: ERC Starting Grant

Inequality in 3D – Measurement and Implications for Macroeconomic Theory (3D-In-Macro)

2019-2023: Norwegian Research Council

The Macroeconomics of Wealth Inequality


Policy reports

Debt and household consumption responses, with Elin Halvorsen, Norges Bank Staff Memo, 2016, [Download]


Other sites

Google Scholar BI Norwegian Business School