RESEARCH

Revise & Resubmits

Saving Behavior Across the Wealth Distribution: The Importance of Capital Gains

with Andreas Fagereng, Benjamin Moll, and Gisle J. Natvik 

This version: May 2021. First version: December 2019

Slides, Online Appendix

Revise & resubmit Review of Economic Studies

Fisher Dynamics, Monetary Policy, and Household Indebtedness

with Andreas Fagereng, Magnus Gulbrandsen, and Gisle J. Natvik

Previously circulated as "How Does Monetary Policy Affect Household Indebtedness?"

This version: January 2025. First version: November 2021

Revise & resubmit Journal of Money, Credit and Banking

Working Papers

There is no Forward Guidance Puzzle

with SeHyoun Ahn

This version: February 2025.

Estimating the Elasticity of Intertemporal Substitution using Dividend Tax News

with Rustam Jamilov, Marek Jasinski, and Plamen Nenov

This version: February 2025. First version: March 2024

Saving after Retirement and Preferences for Residual Wealth

with Giulio Fella and Thomas M. Pugh

This version: May 2024. First version: January 2024

The Investment Channel of Monetary Policy: Evidence from Norway

with J. Cao, T. Hegna, R. Juelsrud, T. König, and M. Riiser

This version: January 2025. First version: May 2023

K-returns to Education

with Andreas Fagereng, Luigi Guiso, and Luigi Pistaferri 

This version: September 2024. First version: September 2020

Three Facts about Monetary Policy and Innovation

with Ruslana Datsenko

First version: December 2024

A Parsimonious Model of Idiosyncratic Income, International Economic Review, Conditionally Accepted

with Edmund Crawley and Håkon Tretvoll. Codes

Asset-Price Redistribution, Journal of Political Economy, Accepted

with A. Fagereng, É. Gouin-Bonenfant, M. Gomez, B. Moll, and G. J. Natvik. Replication Package

Identifying the Depreciation Rate of Durables from Marginal Spending Responses, Journal of Money, Credit and Banking, 2025

with Jin Cao, Chao Cui, Valeriya Dinger, and Shulong Kang. Published Version

The Effect of Capacity Constraints on the Slope of the Phillips Curve, Oxford Economic Papers, 2024

with Lars O. Lerdalen and David Vines. Published Version

Monetary Transmission with Income Risk, Scandinavian Journal of Economics, 2023

Published Version, Replication Package

The Transmission of Monetary Policy under the Microscope, Journal of Political Economy, 2021

with Pascal Paul and Andreas Tischbirek. Published Version, Online Appendix, Replication Package (incl. shock series)

MPC Heterogeneity and Household Balance Sheets, American Economic Journal: Macroeconomics, 2021

with Andreas Fagereng and Gisle J. Natvik. Published Version, Replication Package

Liquidity Constraints and Precautionary Saving, Journal of Economic Theory, 2021

with Christopher Carroll and Miles Kimball. Published Version

Housing Wealth in Norway, 1993 - 2015, Journal of Economic and Social Measurement, 2020

with Andreas Fagereng and Kjersti Næss Torstensen. Published Version

Consumption with Liquidity Constraints: An Analytical Characterization, Economics Letters, 2018

Published Version, Online Appendix

Restrictions on Wave Equations for Passive Media, Journal of the Acoustical Society of America, 2017 

with Sverre Holm

Norges Bank Watch 2023

with Kjetil Martinsen. Replication Package

Norges Bank Watch 2022

with Kjersti Haugland and Sharon Zollner

Drivkrefter bak lav etterspørsel i økonomien, Statistics Norway Reports 2020/32, 2020

with O. Berg, T. v. Brasch, Å. Cappelen, A. Raknerud, H. Tretvoll, and T. C. Vigtel