Faculty Profile

Vegard Høghaug Larsen

Researcher 2 - Department of Economics

Publications

Thorsrud, Leif Anders; Larsen, Vegard Høghaug & ter Ellen, Saskia (2020)

Narrative Monetary Policy Surprises and the Media

Journal of Money, Credit and Banking

Larsen, Vegard Høghaug; Thorsrud, Leif Anders & Zhulanova, Julia (2020)

News-driven inflation expectations and information rigidities

Journal of Monetary Economics Doi: 10.1016/j.jmoneco.2020.03.004

Using a large news corpus and machine learning algorithms we investigate the role played by the media in the expectations formation process of households, and conclude that the news topics media report on are good predictors of both inflation and inflation expectations. In turn, in a noisy information model, augmented with a simple media channel, we document that the time series features of relevant topics help explain time-varying information rigidity among households. As such, we provide a novel estimate of state-dependent information rigidities and present new evidence highlighting the role of the media in understanding inflation expectations and information rigidities.

Larsen, Vegard Høghaug & Thorsrud, Leif Anders (2018)

The Value of News for Economic Developments

Journal of Econometrics Doi: 10.1016/j.jeconom.2018.11.013

Bjørnland, Hilde C; Larsen, Vegard Høghaug & Maih, Junior (2018)

Oil and macroeconomic (in)stability

American Economic Journal: Macroeconomics, 10(4), s. 128- 151. Doi: 10.1257/mac.20150171

Bjørnland, Hilde C; Maih, Junior & Larsen, Vegard Høghaug (2016)

Oil and macroeconomic (in)stability

Working Paper, Norges Bank

Bjørnland, Hilde C & Larsen, Vegard Høghaug (2015)

Oil and macroeconomic (in)stability

CAMP Working paper series Doi: 10.2139/ssrn.2842560

Academic Degrees
Year Academic Department Degree
2012 Norges teknisk-naturvit. univ. Master of Science
Work Experience
Year Employer Job Title
2012 - Present BI Norwegian Business School PhD Candidate