Fields of interest: Macroeconomics, Finance, Computational Economics
jpo@nationalbanken.dk
Personal website
Professional Experience
Senior Research Economist, Danmarks Nationalbank, 2021 -
Research Economist, Danmarks Nationalbank, 2017 - 2021
Trainee, Directorate General Research, European Central Bank, 2015-2016
Education
Ph.D., Economics, University of Mannheim, 2017
M.Sc., Economics, University of Mannheim, 2013
B.Sc., Economics, Ludwig-Maximilians-University Munich, 2011
Publications
"Corporate debt maturity and investment over the business cycle," European Economic Review, 152:104348, (2023)
"The Macroeconomic Effects of Shadow Banking Panics," B.E. Journal of Macroeconomics, (2023)
Working Papers
"When credit expansions become troublesome: The story of investor sentiments," with Eddie Gerba and Danilo Leiva-León
"Aggregate risk in the term structure of corporate credit," with Ram Yamarthy
"Banking Panic Risk and Macroeconomic Uncertainty," with Jakob Guldbæk Mikkelsen, Danmarks Nationalbank Working Papers No. 149, (2020). R&R at the Journal of Money, Credit and Banking.
"Mortgage Defaults, Bank Runs and Regulation in a Housing Economy," with Marcus Mølbak Ingholt and Xue Zhang, (2019)
Work in Progress
"The Consumption Effects of Household Financial Distress," with Florian Exler
"Sovereign credit risk, monetary policy, and the role of financial intermediaries," with Ivan Shaliastovich and Ram Yamarthy
"Solving endogenous default models: A Taylor projection approach," with Oskar Arnt Juul
Policy Work
"Do banks manage their flood risk exposures? Evidence from the Danish credit registry," Danmarks Nationalbank Economic Memo No. 15 (2022)
"Flood risk discounts in the Danish housing market," with Giorgio Mirone, Danmarks Nationalbank Economic Memo No. 7 (2021)
"How do non-pharmaceutical interventions affect the spread of COVID-19? A literature review," with Rasmus Bisgaard Larsen, Danmarks Nationalbank Economic Memo No. 4 (2021)
"The Effects of the Corona Shock on the Banking Sector and the Real Economy," Danmarks Nationalbank Economic Memo No. 10 (2020)
"News and Noise-driven Intermediary Credit Booms," with E. Gerba
"A Bulwark of Confidence: The Effect of the Banking Union on Financial Fragility"