Publications

1. The Dismal Theorem in a General Equilibrium Climate-Economy Model (with Frederick van der Ploeg), Economics Letters, Vol. 268, 113150, 2026
2. Three Reasons to Price Carbon under Uncertainty: Accuracy of Simple Rules (with Ton S. van den Bremer and Frederick van der Ploeg), Quantitative Economics, Vol. 17, 858-894, 2026
   • Replication Package
   • VOXEU Column
   • Summary for Practitioners
3. Dynamic Portfolio Choice with Regret Aversion and Rejoicing (with Djep Doreleijers), Finance Research Letters, Vol. 84, 107762, 2025
   • Online Appendix
4. Policy Transition Risk, Carbon Premiums, and Asset Prices (with Frederick van der Ploeg), Journal of Monetary Economics, Vol. 152, 103780, 2025,
   • Online Appendix
   • Replication Material
   • Summary for Practitioners
5. Reevaluating the Carbon Premium: Evidence of Green Outperformance (with Floor van der Sanden), International Review of Financial Analysis, Vol. 102, 104042, 2025
   • Online Appendix
   • Summary for Practinioners
6. Green Investors and the Return on Capital in General Equilibrium (with Sijmen Duineveld and Kai Lessmann), Economics Letters, Vol. 247, 112149, 2025
   • Online Appendix
7. Asset Diversification versus Climate Action (with Holger Kraft and Frederick van der Ploeg), International Economic Review, Vol. 65, 1323-1355, 2024
   • Online Appendix
   • Replication Material
   • Summary for Practitioners
8. When Should Retirees Tap Their Home Equity? (with Holger Kraft and André Meyer-Wehmann), Journal of Banking & Finance, Vol. 154, 106967, 2023
9. Solving Life Cycle Problems with Biometric Risk by Artificial Insurance Markets (with Holger Kraft and Claus Munk), Scandinavian Actuarial Journal, Issue 4, 307-302, 2022
10. The Social Cost of Carbon in a Non-cooperative World (with Holger Kraft and Eduardo S. Schwartz), Journal of International Economics, Vol. 131, 103490, 2021,
    • Online Appendix
    • Replication Material
    • Summary for Practitioners
    • Sturm & Drang Prize 2021
11. Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change (with Holger Kraft and Eduardo S. Schwartz), European Economic Review, Vol. 132, 103642, 2021
    • Online Appendix
    • Summary for Practitioners
12. Health Shock Risk, Critical Illness Insurance, and Housing Services, Insurance: Mathematics and Economics, Vol. 91, 111-128, 2020
13. Life Insurance Demand under Health Shock Risk (with Holger Kraft, Lorenz S. Schendel, and Mogens Steffensen), Journal of Risk and Insurance, Vol. 84, 1171-1202, 2017
    • Online Appendix