Research

PUBLICATIONS

WORKING PAPERS

Housing Energy Efficiency and the Horizon Effect  Link (with Ran Gu and Swapnil Singh)

The Effects of Energy Efficiency Renovation of Residential Buildings on the Housing Market: A Study from Lithuania Link (with Swapnil Singh)

Loans vs Subsidies: Lithuania’s State Support Policies During the COVID-19 Pandemic  Link (with Mustapha Douch and Swapnil Singh)

Output and Welfare Gains from Non-Recourse Mortgages: the Role of General Equilibrium Effects. Link

Unclogging the Credit Channel: On the Macroeconomics of Bank Frictions Link (with Sweder van Wijnbergen)

Debt Overhang and the Macroeconomics of Carry Trade Link (with Sweder van Wijnbergen)


POLICY PAPERS

Mortgage Foreclosure Risk After the Great Recession Link to the working paper  (with Swapnil Singh