Research

Work in progress

"Skill Loss, Job Mismatch and Slow Recoveries from Large Recessions" (with Andreas Westermark)

"Household Heterogeneity and the Collateral Channel of Monetary Policy” (with Daria Finocchiaro, Ettore Savoia and Andreas Westermark)

"The Macroeconomic Effects of Transitioning to Carbon-Neutrality - a Capital Stock Perspective" (with Conny Olovsson)

Working papers

Dynamic Macroeconomic Implications of Immigration (with Conny Olovsson and Andreas Westermark), Sveriges Riksbank Working Paper No. 405, October 2022. R&R at Journal of Monetary Economics.

Publications

The Costs of Macroprudential Deleveraging in a Liquidity Trap, Review of Economic Dynamics, 2023, Vol. 51, pp. 991-1011 (with Jiaqian Chen, Daria Finocchiaro and Jesper Lindé).

Manufacturing Decline and House Price Volatility, Review of Economic Dynamics, 2022, Vol. 45, pp. 264-281 (with Isaiah Hull, Conny Olovsson and Andreas Westermark). 

Learning on the Job and the Cost of Business Cycles, AEJ – Macroeconomics, 2022, Vol. 14 (4), pp. 341-77 (with Andreas Westermark).

Involuntary Unemployment and the Business Cycle, Review of Economic Dynamics, 2021, Vol. 39, pp. 26-54 (with Lawrence Christiano and Mathias Trabandt). Technical appendix

Financial Frictions, Investment and Tobin's q, Journal of Monetary Economics, 2019, Vol. 103, pp. 105-122 (with Dan Cao and Guido Lorenzoni).

Refining Stylized Facts from Factor Models of Inflation, Journal of Applied Econometrics, 2015, Vol. 30, pp 1192-1209 (with Ferre de Graeve). Appendix

Business Cycle Implications of Mortgage Spreads, Journal of Monetary Economics, 2014, Vol. 67, pp 62-77. Appendix

Expectation Driven Business Cycles with Limited Enforcement, Economics Letters, 2014, Vol. 124, pp 300-303.

Housing Collateral and the Monetary Transmission Mechanism, Scandinavian Journal of Economics 2014, Vol. 116(3), pp. 635-668.

Introducing Financial Frictions and Unemployment into a Small Open Economy Model, Journal of Economic Dynamics and Control, 2011, Vol. 35(12), pp. 1999-2041 (with Lawrence Christiano and Mathias Trabandt). Also available as Sveriges Riksbank Working Paper No. 214
Appendix, Computational appendix , Code

DSGE Models for Monetary Policy Analysis, Handbook of Monetary Economics, 2010, Vol 3A, edited by B. M. Friedman and M. Woodford. (with Lawrence Christiano and Mathias Trabandt).

Earnings Inequality and the Equity Premium B.E. Journal of Macroeconomics, 2010, Vol. 10(1) (Contributions), Article 36.

Block Kalman Filtering for Large-Scale DSGE Models, Computational Economics, 2009, Vol. 33,(3), pp. 277-304 (with Ingvar Strid).