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Research

My research lies mainly within macroeconomics with focus on monetary and fiscal policy in sticky-price models.

More specifically, I have worked on:

  • Monetary and fiscal policy interactions
  • Policy coordination
  • Delegation schemes for independent central bankers
  • Credibility issues in macroeconomic policy
  • Monetary policy rules
  • Optimal monetary policy regimes

My current research focuses on (among other things):

  • Equilibrium indeterminacy in monetary economics
  • Welfare consequences of alternative fiscal policy regimes in monetary unions

My page at IDEAS/RePEc.

New working paper

I have uploaded a new working paper (co-authored with Morten Aastrup) on "What Drives the European Central Bank's Interest-Rate Changes?".

New blog site launched

I have started a new blog where I post my stochastic ramblings about economics and economists. Check out "hjeconomics: The Blog".

New publication

My paper "Estimated Interest Rate Rules: Do they Determine Determinacy Properties?" has been published in The B.E. Journal of Macroeconomics (Contributions). It can be accessed at the bepress site.