Welcome to my homepage!
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 focuses on household finance and macroeconomics, is supported by the European Research Council (ERC) through a Starting Grant for the 3D-In-Macro project.
Education
Ph.D. in Economics, European University Institute, 2012
Contact
BI Norwegian Business School, Department of Finance, Nydalsveien 37, 0484 Oslo, Norway
Working papers
Saving Behavior Across the Wealth Distribution, with Martin Holm, Benjamin Moll & Gisle Natvik, [Online Appendix]
Revise & resubmit, Review of Economic Studies
Marriage, Assortative Mating and Wealth Inequality, with Luigi Guiso & Luigi Pistaferri
Revise & resubmit, Review of Economic Studies
Fisher Dynamics, 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
How much and how fast do investors respond to equity premium changes? Evidence from wealth taxation, with Luigi Guiso & Marius Ring
Insuring Labor Income Shocks: The Role of the Dynasty, with Luigi Guiso, Luigi Pistaferri & Marius Ring
Regulating Entrepreneurship: The Case of Capital Requirements, with Annika Bacher, Marius Ring & Ella Getz Wold
Published work
Asset-Price Redistribution, with Matthieu Gomez, Émilien Gouin-Bonenfant, Martin Holm, Benjamin Moll & Gisle Natvik
Journal of Political Economy, forthcoming. 10.1086/736769
The Consumption Expenditure Response to Unemployment: Evidence from Norwegian Households, with Helene Onshuus & Kjersti Torstensen
Journal of Monetary Economics, 146 pp. 103578, 2024. 10.1016/j.jmoneco.2024.103578 [Appendix]
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)
Policy reports
Debt and household consumption responses, with Elin Halvorsen, Norges Bank Staff Memo, 2016, [Download]
Other sites