Fields of Interests: Applied Macroeconomics, Labor Economics
tobr@nationalbanken.dk
Personal website
Professional Experience
Senior Research Economist, Danmarks Nationalbank, 2018-
Education
Ph.D. in Economics, University of Zurich, 2018
Visiting Scholar, Institute for Research on Labor and Employment, UC Berkeley, 2016-2017
Visiting Scholar, Department of Economics, UC Berkeley, 2015-2016
M.Sc. Economics, University of Zurich, 2012
B.Sc. Economics, Vienna University of Economics and Business, 2010
Publications
"Credit Supply Shocks and Prices: Evidence from Danish Firms," with Gabriel Züllig. Accepted at AEJ: Macroeconomics, (2023)
"The Pass-Through of Minimum Wages into US Retail Prices: Evidence from Supermarket Scanner data," with Claire Montialoux and Michael Siegenthaler, The Review of Economics and Statistics, 104(5): 890-908, (2022)
Working Papers
"Firm Dynamics and the Rise in Danish Firms' Cash Holdings," with Simone Bonin, (2022). Updated draft coming soon.
"Export Prices, Markups, and Currency Choice after a Large Appreciation," with Daniel Kaufmann, (2020)
"The Response of Retail Prices and Markups to Cyclical Demand Shocks," (2017)
Work In Progress
"Financial Frictions: Micro vs Macro Volatility," with Renato Faccini, Seungcheol Lee, Ralph Luetticke and Morten Ravn.
Policy Papers
"The Rise in Cash Holdings of Danish Companies," with Simone Maria Bonin, Danmarks Nationalbank Economic Memo No. 8, (2022)
"Liquidity reserves of Danish firms: Implications during the COVID-19 epidemic," Danmarks Nationalbank Economic Memo No. 2, (2020)
"Labor Cost Pass-through to Producer Prices in Denmark," with Simon Juul Hvid, Danmarks Nationalbank Working Paper No. 166, (2020)
"Manufacturing Prices and Employment after the Swiss Franc Shock," with Daniel Kaufmann, Study on behalf of the Swiss State Secretariat for Economic Affairs SECO, (2017)