Working Papers:
Fiscal Multipliers in Small Open Economies with Heterogeneous Households Forthcoming at the IMF Economic Review
(with Jeppe Druedahl, Laura Sunder-Plassmann, Jacob Marott Sundram, and Nicolai Waldstrøm)
The Transmission of Foreign Demand Shocks R&R at the Journal of the European Economic Association
(with Jeppe Druedahl, Laura Sunder-Plassmann, Jacob Marott Sundram, and Nicolai Waldstrøm)
Kinks and Gains from Credit Cycles
(with Henrik Jensen, Oskar A. Juul, and Emiliano Santoro)
Venetian Credit Shocks and Aggregate Fluctuations (in progress)
(with Marcus Mølbak Ingholt)
Publications:
House Prices, Endogenous Productivity, and the Effects of Government Spending Shocks
(with Rasmus Bisgaard Larsen and Emiliano Santoro)
European Economic Review (2025), vol. 172, article 104937.
The Inflation Response to Government Spending Shocks: A Fiscal Price Puzzle?
(with Peter Lihn Jørgensen)
European Economic Review (2022), vol. 141, article 103982.
Leverage and Deepening Business-Cycle Skewness
(with Henrik Jensen, Ivan Petrella, and Emiliano Santoro)
American Economic Journal: Macroeconomics (2020), vol. 12(1), p. 245-281.
Changing Credit Limits, Changing Business Cycles
(with Henrik Jensen and Emiliano Santoro)
European Economic Review (2018), vol. 102, p. 211-239 (replication files).
Endogenous Credit Standards and Aggregate Fluctuations
Journal of Economic Dynamics and Control (2016), vol. 69, p. 89-111 (Online Appendix).
The Effects of Fiscal Policy in a Small Open Economy with a Fixed Exchange Rate
(with Morten Spange)
Open Economies Review (2014), vol. 25(3), p. 451-476.
Asymmetric Monetary Policy Towards the Stock Market: A DSGE Approach ; Model Appendix
Journal of Macroeconomics (2014), vol. 39(A), p. 24-41.
Has the Fed Reacted Asymmetrically to Stock Prices? ; Online Appendix
B.E. Journal of Macroeconomics (2012), vol. 12:1 (Topics), article 14.
Other Work:
Comment on: Fiscal Stabilisers in Denmark by Torben M. Andersen
Nordic Economic Policy Review (2024), p. 57-60.
A Taylor Rule for Fiscal Policy in a Fixed Exchange Rate Regime
(with Jesper Pedersen)
Danmarks Nationalbank Working Papers, no. 90, 2014.
(with Jesper Pedersen)
Danmarks Nationalbank Working Papers, no. 88, 2013.
Macroeconomic Effects of Fiscal Policy
Danmarks Nationalbank Monetary Review (2012), 3rd Quarter, Part 2, p. 1-31.
Rules versus Dictation: A Taylor Rule for Denmark
Danish Journal of Economics (2012) (In Danish: Nationaløkonomisk Tidsskrift), vol. 150(1), p. 22-42.