Areas of Expertise

Asset Pricing, International Finance, Heterogeneous Preferences, Heterogeneous Beliefs and Learning

Selected Publications

• Heyerdahl-Larsen, C., and Walden, J. (2022). Distortions and Efficiency in Production Economies with Heterogeneous Beliefs. The Review of Financial Studies, 35(4), 1775–1812.
• Feldhütter, P., Heyerdahl-Larsen, C., and Illeditsch, P. (2018), Risk Premia and Volatilities in a Nonlinear Term Structure Model. Review of Finance, 22(1), 337–380.
• Ehling, P., Graniero, A., and Heyerdahl-Larsen, C. (2018). Asset Prices and Portfolio Choice with Learning from Experience. The Review of Economic Studies, 85(3), 1752–1780.
• Ehling, P., Gallmeyer, M., Heyerdahl-Larsen, C., and Illeditsch, P. (2018). Disagreement about inflation and the yield curve. Journal of Financial Economics, 127(3), 459-484.
• Heyerdahl-Larsen, C., and Ehling, P. (2017). Correlations. Management Science, 63(6), 1919-1937.
• Ehling, P., and Heyerdahl-Larsen, C. (2015). Complete and Incomplete Financial Markets in Multi-Good Economies. Journal of Economic Theory, 160, 438-462.
• Heyerdahl-Larsen, C. (2014). Asset Pricing and Real Exchange Rates with Deep Habits. Review of Financial Studies, 27(11), 3280-3317.
• Fedyk, Y., Heyerdahl-Larsen, C., and Walden, J. (2013). Market Selection and Welfare in a Multi-Asset Economy. Review of Finance, 17, 1179-1237.

Edited on December 2, 2022