Research
Working papers
Do Sovereign Debt Ratings Factor in Exposure to Climate Change?
(Single-authored)
Published papers
Hysteresis and the Long Shadow of the Exchange Rate Regime
(Single-authored)
Review of Keynesian Economics, forthcoming
The Cost of a Currency Peg during the Great Recession
(Single-authored)
Open Economies Review 34, 255-279, 2023
Does Democracy Cause Gender Equality?
(Single-authored)
Journal of Institutional Economics 19, 210-228, 2023
Too Big to Fail and Moral Hazard: Evidence from an Epoch of Unregulated Commercial Banking
(With Peter Sandholt Jensen)
IMF Economic Review 70, 808–830, 2022
Historical Migration and Contemporary Health
(With Carl-Johan Dalgaard, Pablo Selaya, and Christian Skovsgaard)
Oxford Economic Papers 73, 955-981, 2021
Preaching Democracy: The Second Vatican Council and the Third Wave
(With Peter Sandholt Jensen)
Journal of Comparative Economics 47, 525-540, 2019
Fads and Trends in OECD Economic Thinking on Denmark: A Word Frequency Approach
(Single-authored)
Econ Journal Watch 16, 218-238, 2019
Join to Prosper: An Empirical Analysis of EU Membership and Economic Growth?
(With Mikkel Barslund and Pieter Vanhuysse)
Kyklos 72: 211-238, 2019
Pre-Reformation Roots of the Protestant Ethic
(With Jeanet Bentzen, Carl-Johan Dalgaard and Paul Sharp)
Economic Journal 127: 1756-1793, 2017
The macroeconomics of a delayed recovery from the global financial crisis: A comparative approach
(With Nikolaj Malchow-Møller)
Singapore Economic Review 62: 1179-1194, 2017
The Heavy Plow and the Agricultural Revolution in Medieval Europe
(With Peter Sandholt Jensen and Christian Volmar Skovsgaard)
Journal of Development Economics 118: 133-149, 2016
Climate and the Emergence of Global Income Differences
(With Carl-Johan Dalgaard and Pablo Selaya)
Review of Economic Studies 83: 1334-1363, 2016
(With Nikolaj Malchow-Møller)
Comparative Economic Studies 57: 711-737, 2015
Inflation targeting and macroeconomic performance since the Great Recession
(With Nikolaj Malchow-Møller and Jens Nordvig)
Oxford Economic Papers 67: 598-613, 2015
How Much Did China’s WTO Accession Increase Economic Growth in Resource-Rich Countries?
(With Mikkel Barslund, Casper Worm Hansen, Thomas Harr, and Peter Sandholt Jensen)
China Economic Review 30: 16-26, 2014
Is Africa’s Recent Growth Sustainable?
(With Peter Sandholt Jensen)
International Economic Journal 28: 207-223, 2014
Power Outages and Economic Growth in Africa
(With Carl-Johan Dalgaard)
Energy Economics 38: 19-23, 2013
Lightning, IT Diffusion and Economic Growth across US States
(With Jeanet Bentzen, Carl-Johan Dalgaard, and Pablo Selaya)
Review of Economics and Statistics 94: 903-924, 2012
The Finance-Growth Thesis: A Skeptical Assessment
(With Sam Jones and Finn Tarp)
Journal of African Economies 21 (AERC Supplement 1): i57-i88, 2012
Walking the talk: the need for a trial register for development interventions
(With Nikolaj Malchow-Møller and Ole Dahl Rasmussen)
Journal of Development Effectiveness 3: 502-519, 2011
Does the Internet Reduce Corruption: Evidence from U.S. States and across Countries
(With Jeanet Bentzen, Carl-Johan Dalgaard, and Pablo Selaya)
World Bank Economic Review 25: 387-417, 2011
Flows of People, Flows of Ideas, and the Inequality of Nations
(With Carl-Johan Dalgaard)
Journal of Economic Growth 16: 1-32, 2011
IMF and Economic Reform in Developing Countries
(With Phil Abbott and Finn Tarp)
Quarterly Review of Economics and Finance 50: 17-26, 2010
E-government as an anti-corruption strategy
(Single-authored)
Information Economics and Policy 21: 201-210, 2009
Auditing, Capital Requirements and Franchise Values in Optimal Bank Regulation
(With Thomas Harr)
Journal of Emerging Market Finance 7: 81-101, 2008
Petrodollars, Portfolio Restructuring and Long-Term Interest Rates
(With Sofie Nedergaard Fich and Frank Øland Hansen)
Danmarks Nationalbank Monetary Review 3Q: 49-58, 2007
Strategic Interaction in Undeveloped Credit Markets
(With Nikolaj Malchow-Møller)
Journal of Development Economics 80: 275-29, 2006
US Politics and World Bank IDA-Lending
(With Henrik Hansen and Thomas Markussen)
Journal of Development Studies 42: 772-794, 2006
On US Politics and IMF Lending
(With Thomas Harr and Finn Tarp)
European Economic Review 50: 1843-1862, 2006
Commentaires sur l'intervention de Jean-Philippe Platteau
(With Finn Tarp)
Afrique Contemporaine 211: 215-232, 2004
[English version published in: Poverty, Inequality and Growth Proceeding of the AFD-EUDN Conference 2003, pp 331-355]
Financial Liberalization, Financial Development and Economic Growth
(With Finn Tarp)
Journal of International Development 15: 189-209, 2003
Finansiel udvikling og økonomisk vækst
(Single-authored)
Nationaløkonomisk Tidsskrift 139: 77-93, 2001