Blar i BI Open på tidsskrift "Review of economic dynamics"
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A Bayesian DSGE approach to modelling cryptocurrency
(Journal article; Peer reviewed, 2023)We develop and estimate a DSGE model to evaluate the economic repercussions of cryptocurrency. In our model, cryptocurrency offers an alternative currency option to government currency, with endogenous supply and demand. ... -
Costly reversals of bad policies: The case of the mortgage interest deduction
(Journal article; Peer reviewed, 2020)This paper measures the welfare effects of removing the mortgage interest deduction under a variety of implementation scenarios. To this end, we build a life-cycle model with heterogeneous households calibrated to the U.S. ... -
Output gap, monetary policy trade-offs, and financial frictions
(Journal article; Peer reviewed, 2021)This paper investigates how the presence of pervasive financial frictions and large financial shocks changes the optimal monetary policy prescriptions and the estimated dynamics in a New Keynesian model. We find that ... -
Output gap, monetary policy trade-offs, and financial frictions
(Journal article; Peer reviewed, 2021)This paper investigates how the presence of pervasive financial frictions and large financial shocks changes the optimal monetary policy prescriptions and the estimated dynamics in a New Keynesian model. We find that ...