Pension Research Centre (PeRCent)

Publications

Publications by PeRCent members

 

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Journal articles

The First Difference Property of the Present Value Operator, Stephen A. Buser; Bjarne Astrup Jensen, Quarterly Journal of Finance, 7(4)
DOI: https://doi.org/10.1142/S2010139217500124

Heuristic Portfolio Trading Rules with Capital Gain Taxes, Marcel Fischer; Michael Gallmeyer, Journal of Financial Economics, 119(3), 611-625
DOI: https://doi.org/10.1016/j.jfineco.2016.01.024

Taxable and tax-deferred investing with the limited use of losses, Marcel Fischer; Michael Gallmeyer, Review of Finance, 21(5), 1847-1873
DOI: http://dx.doi.org/10.1093/rof/rfw047

How suboptimal are linear sharing rules?, Bjarne Astrup Jensen; Jørgen Aase Nielsen, Annals of Finance12(2), 221-243
DOI: http://dx.doi.org/10.1007/s10436-016-0279-3

Growth-Maximizing Public Debt under Changing Demographics, Nikola Bokan; Andrew Hughes HalletSvend E. Hougaard JensenMacroeconomic Dynamics, 20(6), 1640-1651
DOI: http://dx.doi.org/10.1017/S1365100514000947

Taxation, Transfer Income and Stock Market Participation, Marcel Fischer; Bjarne Astrup JensenReview of Finance, 19(2), 823-863
DOI: http://dx.doi.org/10.1093/rof/rfu008

The Fiscal Framework in a Currency Union: Lessons from Comparison between the Euro Area and the Eastern Caribbean Currency Union, Svend E. Hougaard Jensen; Andrew Hughes Hallett, The World Economy, 39(6), 803-823
DOI: http://dx.doi.org/10.1111/twec.12359

Real Business-cycle Model with Habits: Empirical Investigation, Natalia KhorunzhinaEconomic Modelling, 46(4) , 61-69
DOI: http://dx.doi.org/10.1016/j.econmod.2014.12.020

Ambiguity Aversion, Asset Prices, and the Welfare Costs of Aggregate Fluctuations, Irasema Alonso; Mauricio PradoJournal of Economic Dynamics and Control, 51(2), 78-92
DOI: http://dx.doi.org/10.1016/j.jedc.2014.09.039

End-of-the-Year Economic Growth and Time-varying Expected Returns, Stig V. Møller; Jesper RangvidJournal of Financial Economics, 115(1), 136-154
DOI: http://dx.doi.org/10.1016/j.jfineco.2014.08.006

Understanding the Effects of Marriage and Divorce on Financial Investments: The Role of Background Risk Sharing. Charlotte Christiansen; Juanna Schröter Joensen; Jesper Rangvid, Economic Inquiry, 53(1), 431-447
DOI: http://dx.doi.org/10.1111/ecin.12113

Product-Marketing Innovation, Skills, and Firm Productivity Growth, Martin Junge; Battista Severgnini; Anders Sørensen, Review of Income and Wealth, 62(4), 724-754
DOI: http://dx.doi.org/10.1111/roiw.12192

The Impact of Classroom Peers in a Streaming System, Arna VardardottirEconomics of Education Review, 49, 110–128
DOI: http://dx.doi.org/10.1016/j.econedurev.2015.09.002

Competing Risks Copula Models for Unemployment Duration: An Application to a German Hartz Reform, Simon M. S. Lo; Gesine Stephan; Ralf WilkeJournal of Econometric Methods, 6(1)
DOI: http://dx.doi.org/10.1515/jem-2015-0005

Books and book chapters

What Scope for Monetary Policy? Experiences from the Nordic Countries After the Financial Crisis, Jesper RangvidIn: Reform Capacity and Macroeconomic Performance in the Nordic Countries. Oxford: Oxford University Press 2015, p. 131-135
Link: http://research.cbs.dk/en/publications/uuid(2309f7e3-5532-4a90-a33f-19e97e02727a).html

How to Avoid a Darkening Debt Storm in the Caribbean: Lessons From the Banking Union Framework in the Euro Area, Andrew Hughes Hallett; Svend E. Hougaard Jensen. In: Fiscal Policy: International Aspects, Short and Long-Term Challenges and Macroeconomic Effects. ed. /Charles Amo-Yartey. New York: Nova Science Publishers, Incorporated 2015, pp. 173-195
Link: research.cbs.dk/en/publications/how-to-avoid-a-darkening-debt-storm-in-the-caribbean(11970cd2-f5d8-4221-93f0-f4ac014b9035).html

Reform Capacity and Macroeconomic Performance in the Nordic Countries, Torben M. Andersen; Ulf Michael Bergman; Svend E. Hougaard Jensen. Oxford: Oxford University Press 2015, 365 p.
Link: http://research.cbs.dk/en/publications/reform-capacity-and-macroeconomic-performance-in-the-nordic-countries(49945af0-8f5f-4942-aecf-a209a9a8f060).html

Macroeconomic Perspectives on the Nordic Economies: Past, Present, and Future, Torben M. Andersen; Ulf Michael Bergman; Svend E. Hougaard JensenIn: Reform Capacity and Macroeconomic Performance in the Nordic Countries. Oxford: Oxford University Press 2015, p. 1-25
Link: http://research.cbs.dk/en/publications/uuid(b0371aa0-178a-4999-a168-69762cfac468).html

Shaping the Fiscal Policy Framework: Lessons from Fiscal Consolidations in Denmark and Sweden, Ulf Michael Bergman; Michael M. Hutchison; Svend E. Hougaard JensenIn: Reform Capacity and Macroeconomic Performance in the Nordic Countries. Oxford : Oxford University Press 2015, p. 219-242
Link: http://research.cbs.dk/en/publications/uuid(24dff066-bf53-4cb1-bcb4-c6ccd20e6e29).html

Iceland. How Could This Happen?, Søren Bo NielsenIn: Reform Capacity and Macroeconomic Performance in the Nordic Countries. Oxford : Oxford University Press 2015, p. 349-352
Link: http://research.cbs.dk/en/publications/uuid(d7012e82-2e21-404e-b432-de076b96c5d3).html

Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined, Lasse Heje PedersenPrinceton, NJ: Princeton University Press 2015, 348 p.
Link: http://research.cbs.dk/en/publications/uuid(122bf48f-7452-472e-a922-8c59bf908d51).html

Genoa and Venice : Traders of Prosperity, Growth, and Death. Lars Boerner; Battista SevergniniIn: Union in Separation Diasporic Groups and Identities in the Eastern Mediterranean (1100-1800). Rome: Viella 2015, p. 105-122 (Viella Historical Research, No. 1)
Link: research.cbs.dk/en/publications/uuid(74352deb-f9c7-4b5e-b1b5-e12a346b4f5b).html 

Quantile Regression Methods, Bernd Fitzenberger; Ralf Andreas WilkeIn: Emerging Trends in the Social and Behavioral Sciences: An Interdisciplinary, Searchable, and Linkable Resource. Wiley 2015
DOI: http://dx.doi.org/10.1002/9781118900772.etrds0269

Publications (Danish)

Supplerende pensionsopsparing: Anbefalinger og gode råd til, hvordan du sammensætter din supplerende pensionsopsparing, Tom Engsted; Michael Møller; Mogens Steffensen, October 2015<
PDF: http://www.raadtilpenge.dk/~/media/PPP/Forskerrapporter/Anbefalinger%20om%20supplerende%20pensionsopsparing.ashx

Den nordjyske bankkrigBjarne Florentsen; Michael Møller; Claus Parum, Finans/Invest, No. 1, 2015, p. 5-12, 20
Link: http://research.cbs.dk/en/publications/uuid(f128ebdb-59c0-41fd-8453-b27e22f1c2bb).html

Presset på kronen: En højst usædvanlig situation som rejser højst usædvanlige spørgsmål. Jesper RangvidFinans/Invest, No. 2, 2015, p. 6-9, 23
Link: research.cbs.dk/en/publications/uuid(217dfe9d-44f3-4a22-bd81-eefc3dc3eaef).html

 

The page was last edited by: Department of Finance // 10/17/2017