Working Papers

[1] A Danish Fix for U.S. Mortgage Lock-in?

         with David Berger, Julie Marx, Maria Victoria Olesen, Fabrice Tourre 

                       Revise and resubmit, Journal of Finance 

[2] Labor Market Power with Worker and Firm Heterogeneity

         with David Berger, Kyle Herkenhoff, Simon Mongey

Works in Progress

[1] Working Time Regulation

[2] From Rates to Riches: How Danish Homeowners Respond to Interest Rate Shocks

         with David Berger, Julie Marx, Maria Victoria Olesen, Fabrice Tourre 

Publications

[1] How to Interpret Consumer Confidence Shocks? State-level Evidence

         with Sangyup Choi and Donghoon Yoo, Economics Letters, 2024, 244    

[2] News or Animal Spirits? Consumer Confidence and Economic Activity: redux

         with Sangyup Choi, Dohyeon Park, and Donghoon Yoo, Journal of Applied Econometrics, 2024, 39(5)   [Data and Code]       

[3] On the Welfare Cost of Business Cycles: The Role of Labor-Market Heterogeneity 

         with Myungkyu Shim, Journal of Macroeconomics, 2022, 73   [Slides]   [Code]

[4] Quantitative Evaluation of Effects of Universal Basic Income on Aggregate Economy and Labor Market

      with Myungkyu Shim, Kukje Kyungje Yongu, 2021 (in Korean)