Andreas Fagereng

Welcome to my homepage!

I am a Professor of Finance at BI Norwegian Business School and a Senior Researcher at Statistics Norway. My research is mainly focused around household finance and macroeconomics.

Curriculum Vitae


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


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

Working papers

How Does Monetary Policy Affect Household Indebtedness, with Magnus Gulbrandsen, Martin Holm & Gisle Natvik

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

Assortative Mating in Wealth and Returns to Wealth and Implications for Wealth Inequality, with Luigi Guiso & Luigi Pistaferri

Published work

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)

2019-2021: 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