Associate professor, Norwegian School of Economics (NHH)email: krisztina.molnar [at] nhh.no Google scholar
I work in macroeconomics, monetary macroeconomics, expectation formation, household consumption, and saving decisions.My monetary policy work joint with Sergio Santoro is in the Handbook of Monetary Economics , and taught by many leading economists (e.g. see Woodford syllabus). Our last work with Sergio Santoro, and Antonio Mele is published in Journal of Monetary Economics. Lately, I became fascinated by the power of big micro data and identified preference and income shocks.
News:Norwegian Research Council Grant 2025 "MARGOT: Households at the Margin: Opportunity, and Transitions"Households at the Margin: Opportunity and Transitions (MARGOT) investigates how financial policies, economic shocks, and inequality shape the risks faced by ordinary households. The project focuses on families who are most vulnerable — those living with little or no savings — and explores how their financial situation changes during booms and recessions. Using unique, real-world data on household spending and income in Norway, MARGOT will measure how families adapt to economic shocks, and how policies like loan-to-value (LTV) caps on mortgages influence saving decisions — not only for buying homes, but also for starting new businesses. The project will explore whether current regulations unintentionally make it harder for some households to pursue entrepreneurship, deepening long-term inequality. A key research challenge is capturing the hidden, dynamic shifts in financial vulnerability that traditional surveys often miss. By combining insights from economics, finance, and social policy, MARGOT will produce new knowledge that helps governments design smarter financial regulations and social safety nets. The project will result in three academic publications and clear policy recommendations for building a more resilient and fair economy.
Norwegian Research Council Grant 2026 "STEP: Supportting Talend Equity and Progress", joint with Malin Arve, Eva Gavrilova and Annelise Ly
This project will work towards inclusive communication, clearer career development pathways, and better work–life balance at NHH. .