THANK is a tractable heterogeneous-agent New-Keynesian model that captures analytically
core micro-heterogeneity channels of quantitative-HANK: cyclical inequality and risk; self …

We investigate the transmission of monetary policy to household consumption using
administrative data on the universe of households in Norway. On the basis of identified …

We use administrative and survey-based micro data to study the relationship between
cognitive abilities (IQ), the formation of inflation expectations, and the consumption plans of …

We compare causal effects of forward guidance about future interest rates on households'
expectations of inflation and nominal mortgage rates to the effects of communication about …

At the outbreak of the recent inflation surge, the public's attention to inflation was low but
increased rapidly once inflation started to rise. In this paper, I develop a general equilibrium …

We propose a novel two-agent New Keynesian model to study the interaction of fiscal policy
and household heterogeneity in a tractable environment. Workers can save in bonds subject …

We study the effects of Quantitative Easing (QE) in a heterogeneous-agents model with
liquid and partially liquid wealth, and nominal rigidities. The direct macroeconomic effect of …

We study the role of heterogeneity in the transmission of foreign shocks. We build a
Heterogeneous-Agent New-Keynesian Small Open Model Economy (HANKSOME) that …

We identify and study three key channels that shape how inflation affects wealth
inequality:(i) the traditional Fisher channel through which inflation redistributes from lenders …

We quantify the relationship between the response of output to monetary policy shocks and
the share of liquidity-constrained households. We do so in the context of the euro area …