Publications

“Homeownership decisions in the bust” with Marcel Fischer and Julie Marx, Journal of Real Estate Finance and Economics, forthcoming.

“Interest-only mortgages and consumption growth: evidence from a mortgage market reform” with Claes Bäckman, International Economic Review, 2024, 65(2), 1049–1079.

Media coverage: Det Systemiske Risikoråd 2021 (in Danish), Ekonomistas 2019 (in Swedish), Ekonomisk Debatt 2019 (in Swedish) 

“American dream delayed: shifting determinants of homeownership” with Robert Miller, International Economic Review, 2022, 63(1), 3–35.

“Intratemporal nonseparability between housing and nondurable consumption: evidence from reinvestment in housing stock” Journal of Monetary Economics, 2021, 117, 658–670.

“Housing decision with divorce risk” with Marcel Fischer, International Economic Review, 2019, 60(3), 1263–1290.

Media coverage: Jyllands-Posten 2019 (in Danish), Finans 2019 (in Danish)

“Finite Gaussian mixture approximations to analytically intractable density kernels” with Jean-Francois Richard, Computational Economics, 2019, 53(3), 991–1017.

“Micro-level estimation of optimal consumption choice with intertemporal nonseparability in preferences and measurement errors” with Wayne-Roy Gayle, Journal of Business and Economic Statistics, 2018, 36(2), 227–238.

“Real Business-Cycle Model with Habits: Empirical Investigation” Economic Modelling, 2015, 46, 61–69.

“Structural Estimation of Stock Market Participation Costs” Journal of Economic Dynamics and Control, 2013, 37, 2928–2942.

Working Papers

“Geography of housing sentiment over business cycles” with Oguzhan Cepni. Data+Code 

“Divorce and financial well-being” with Marcel Fischer

Teaching

• Forecasting in Economics and Business (Undergraduate, Autumn 2013-2024, CBS)

• Forecasting in Economics and Business (Undergraduate, Summer 2023-2025, CBS)

• Applied Econometrics (Masters, Autumn 2018-2025, CBS)

• Module on Feedback (Assistant Professor Program, Autumn - Spring 2018-2021, CBS)

• Advanced Industrial Organization (Masters, Spring 2013-2017, CBS)

• Industrial Organization (Masters, Autumn 2016, CBS)

• Advanced Econometrics (PhD, Autumn 2012, CBS)

• International Economics and Business (Undergraduate, Spring 2012, CBS)

• Managerial Economics (Undergraduate, Autumn 2011, CBS)

• Advanced Econometrics (PhD, Autumn 2008, Spring 2009, University of Pittsburgh)

• Introduction to Financial Economics (Undergraduate, Summer 2007-2008, University of Pittsburgh) 

• Applied Econometrics (Undergraduate, Spring 2007, University of Pittsburgh) 

• Intermediate Macroeconomics (Undergraduate, Spring 2006, University of Pittsburgh) 

• Introduction to Macroeconomics (Undergraduate, Autumn 2005-2007, Summer 2006, University of Pittsburgh)

Supervision

PhD Students

• Miguel Sousa Duarte (secondary supervisor)

• Julián Fernández-Mejía (main supervisor, placement – assistant professor, Pontificia Universidad Javeriana)

• Oğuzhan Çepni (main supervisor, placement – economist, Central Bank UAE)

• Tuuli Vanhapelto (PhD defense committee, placement – assistant professor, University of Glasgow)

• David Pinkus (PhD committee chair, placement – economist, Bruegel)

• Filipe Bonito Vieira (PhD committee chair, placement – postdoc, Copenhagen Business School)

• Claes Bäckman (secondary supervisor, placement – postdoc, Lund University)

Contact

Natalia Khorunzhina

Office: POR/16.A-2.67

Mail: nk.eco@cbs.dk