Henrik Yde Andersen


Senior Economist
Economics and Monetary Policy
Fields of Interest: Consumption and Savings, Applied Econometrics
hya@nationalbanken.dk

Professional Experience
Senior Economist, Macroeconomics Analysis, Economics and Monetary Policy, 2019-
Economist, Macroeconomics Analysis, Economics and Monetary Policy, 2018-2019
Economist, Department of Economic Policy, Ministry of Finance, Denmark, 2013-2014

Education
Ph.D. Economics, Copenhagen Business School, 2018
Ph.D. Fellow, Research Department, Danmarks Nationalbank, 2014-2018
Visiting Ph.D. Fellow, Institute for Fiscal Studies, London, 2017
M.Sc. Economics, University of Copenhagen, 2013
B.Sc. Economics, University of Southern Denmark, 2010

Refereed Publications
'Housing wealth or collateral: How home value shocks drive home equity extraction and spending,' with Søren Leth-Petersen, Journal of European Economic Association, Vol. 19(1), Pages 403-440 (2021)

'Pension taxation, household debt and the real economy,' Danish Journal of Economics, No. 1 (2021)

'Skattebegunstigelse af pensionsopsparing og opsparingsadfærd', Finans/Invest, No. 4, 2019

'Do Tax Incentives for Saving in Pension Accounts Cause Debt Accumulation? Evidence from Danish Register Data', European Economic Review, 106, pp. 35-53, 2018

Work in Progress

'Mortgage choice and expenditure: Evidence from expiring interest-only loans,' with Stine Ludvig Bech and Alessia De Stefani

'Effects of macroprudential policies on household credit: Evidence from Danish loan-level register data', with Simon Juul Hviid, Søren Leth-Petersen, and Emil Verner

'Early withdrawals from pension accounts: Evidence from Danish register data'

'Mandatory pension contributions and long-run debt accumulation', with Niels Lynggård Hansen and Andreas Kuchler

'Spending when illiquid savings become liquid: evidence from Danish wage earners,' Danmarks Nationalbank Working Paper, No. 161 (2020)          

Selected Danmarks Nationalbank Publications

'Expiring interest-only mortgages have implications for household expenditure' with Stine Ludvig Bech and Alessia De Stefani, Danmarks Nationalbank Analysis, no. 2 (2020)

'How Home Value Shocks Drive Spending' with Søren Leth-Petersen, VoxEU, December 2019

'Konverteringsbølgen er tiltrængt for privatforbruget' with Alexander Meldgaard Otte, Op-ed in Danish business newspaper, Dagbladet Børsen, 11 November 2019

'Mortgage refinancing supports private consumption', Stine Ludvig Bech, Ida Rommedahl Julin and Alexander Meldgaard Otte, Danmarks Nationalbank Analysis, no. 17/2019

'Impacts of 2016 guidelines on mortgaging of homes', with Christian Sinding Bentzen and Simon Juul Hviid, Danmarks Nationalbank Analysis, no. 18/2018