Research

Publications

• (2023) Nonstandard errors (with Albert J. Menkveld et al.), Journal of Finance 79(3). working paper version. This was part of a crowd-sourcing research project. For full list of authors/contributors, see the paper.

• (2022) The macroeconomic effects of forward communication (with Leif Brubakk, Ørjan Robstad and Hong Xu), Journal of International Money and Finance 120. working paper version. Bankplassen blog.

• (2022) Narrative monetary policy surprises and the media (with Vegard H. Larsen and Leif Anders Thorsrud), Journal of Money, Credit & Banking, Vol. 54, No. 5. working paper version. VoxEU column. Bankplassen blog (in Norwegian).

• (2021) Central bank communication through interest rate projections (with Leif Brubakk and Hong Xu), Journal of Banking & Finance 124. Working paper version.

• (2021) Comparing behavioural heterogeneity across asset classes (with Cars H. Hommes and Remco C.J. Zwinkels),  Journal of Economic Behavior & Organization 185, pp. 747-769. working paper version.

• (2020) ECB spillovers and domestic monetary policy effectiveness in small open economies (with Edvard Jansen and Nina Larsson Midthjell), European Economic Review 121. working paper version. Bankplassen blog.

• (2019) Agreeing on disagreement: heterogeneity or uncertainty? (with Willem F.C. Verschoor and Remco C.J. Zwinkels), Journal of Financial Markets 44, pp. 17-30. working paper version.

• (2018) Heterogeneous beliefs and asset price dynamics: a survey of recent evidence (with Willem F.C. Verschoor), Uncertainty, Expectations and Asset Price Dynamics: Essays in the Honor of Georges Prat, edited by Fredj Jawadi.

• (2015) Fear or Fundamentals? Heterogeneous Beliefs in the European Sovereign CDS Market (with Carl Chiarella, Tony He and Eliza Wu), Journal of Empirical Finance 32, pp. 19-34. working paper version.

• (2013) Dynamic Expectation Formation in the Foreign Exchange Market (with Willem F.C. Verschoor and Remco C.J. Zwinkels), Journal of International Money and Finance 37, pp. 75-97. working paper version.

• (2010) Oil Price Dynamics: a Behavioral Finance Approach with Heterogeneous Agents (with Remco C.J. Zwinkels), Energy Economics 32, pp. 1427-1434.

Work in progress

• Quantile combination: an application to US GDP growth forecasts (with Knut Are Aastveit and Giulia Mantoan).

• Who responds to monetary policy surprises? (with Hamid Boustanifar, Chloe Larkou, Andrea Vedolin, and Dan Zhang).

• Inflation (in)attention, media and central bank trust (with Justine Guillochon).

Presentations at International Conferences

• Academy of Behavioral Finance and Economics International Conference (2016)

• Annual Inflation Targeting Seminar of the Banco Central do Brasil (2017)

• Applied Time Series Econometrics Workshop of the St. Louis Fed (2021)

• Auckland Finance Meeting (2012)

• Australasian Finance and Banking Conference (2012)

• Bank of Canada-Norges Bank Macroeconomic Workshop (2019)

• Central Bank Design Workshop at the GSE Summer Forum (2017)

• Central Bank Research Association Annual Meeting (2019)

• Computations in Economics and Finance (2016, 2018)

• EMG Conference on "Emerging Markets Finance" (2011)

• European Economic Association (2011, 2017)

• FMA Europe (2013)

• Forskermøtet - Norwegian Research Meeting (2015)

• INFINITI (2013, 2015)

• International Association for Applied Econometrics annual conference (2018)

• International Conference on the Global Financial Crisis (2013)

• International Symposium on Computational Economics and Finance (2016)

• NAKE Research Day (2011)

• Netherlands Economist Day (2013)

• Nordic Summer Symposium in Macroeconomics (Normac) (2017)

• Norges Bank Spring Institute (2015, 2016, 2017, 2018, 2021)

• PhD Researchers in Business Economics and Management Conference (2011)

• SNB Research Conference (2021)

• Society for Nonlinear Dynamics and Econometrics (2011, 2013, 2016, 2017)

• Workshop on Financial Determinants of Exchange Rates ECB/BoI (2013; 2014, 2015 and 2016 as discussant; 2017 as co-organizer)

• Workshop on Economic Heterogeneous Interacting Agents (2011)

• Workshop on Heterogeneity in Firms, Households and Financial Intermediaries: New Developments in Business Cycle Analysis (2017)

• Workshop on Interest Rates after the Financial Crisis (2017)

• Workshop on Low Interest Rate and Unconventional Monetary Policy at Norges Bank (2021)

• World Finance Conference (2016)

Seminar presentations

• Auckland University of Technology (2012)

• Australian National University (2014)

• Bank of Canada (2016, 2019)

• Bank of England (2017)

• De Nederlandsche Bank (2018)

• Erasmus Research Institute of Management PhD seminar series (2011, 2012)

• European Central Bank (2017)

• Massey University (2012)

• Nationalbanken (2019)

• Norges Bank (as external: 2014)

• Radboud University Nijmegen (2023)

• Sydney Agents seminar series (2012)

• The Better Policy Project (2021)

• Tinbergen Institute PhD seminar series (2011)

• Universite de Pau et des Pays de l'Adour (2017)

• University of Auckland (2012)

• University of Groningen (2014)

• University of Technology Sydney (2012)

• Utrecht University (2023)

• VU Amsterdam (2014, 2023)

Policy publications

• (2021) Bond market fire sales and turbulence in the Norwegian FX market in March 2020, with Ragna Alstadheim, Kjell Bjørn Nordal, Olav Syrstad, and May-Iren W. Wassås, Norges Bank Staff Memo.

• (2016) Nonlinearities in the relationship between oil price changes and movements in the Norwegian krone, Norges Bank Staff Memo.

• (2016) Oil price shocks and the Norwegian effective exchange rate – an SVAR approach, with Kjetil Martinsen, Norges Bank Staff Memo.