Research

Institutional Investors and House Prices 

with Giorgia De Nora (ECB, Queen Mary), Margherita Giuzio (ECB), Ellen Ryan (ECB), and Manuela Storz (ECB)

SSRN draft (most recent draft) | ECB Working Paper 

• • New version available upon request. 

  • Media coverage and outreach: The Guardian, ECB Blog, SUERF, European Parliament

  • Part of ESCB ChaMP network production.

  • Insights published on the ECB Financial Stability Review and as SUERF Policy Brief

  • Presentations: ECB Financial Stability Seminar (2023), Central Bank of Ireland Economics & Statistics Seminar (2023), Narodowy Bank Polsky and SGH Warsaw School of Economics "Recent Trends in the Real Estate Market and Its Analysis" Conference (2023)*, New York Fed/ECB Non-Bank Financial Intermediation Workshop (2023)*, Irish Postgraduate and Early Career Economics Workshop (2024), International Association of Applied Econometrics Annual Conference (2024), EEA-ESEM Congress (2024)*, Zurich Tri-City Bridge Workshop (2025), Naples International Conference in Financial Sciences (2025), University College Dublin (2025), AFA Annual Meeting PhD Poster Session (2026) and University of Zurich (2026).

Mortgage Loan Rates and the Defaults of Variable Rate Mortgages 

with Friederike Fourné (ifo) and Barbara Jarmulska (ECB)

ECB Working Paper

• • New version available upon request. Under review at a journal.

  • Awards: ESRB Ieke van den Burg Prize Runner-Up.

  • Presentations: ifo Institute Internal Seminar (2024)*, Bavarian Macro Day (2024)*, Central Bank of Ireland Financial Stability Research Session (2024), Young Irish Economists Seminar (2024), ECB Financial Stability Seminar (2024), International Association of Applied Econometrics Annual Conference (2025), International Conference on Macroeconomic Analysis and International Finance (2026)* and Bank of Portugal (2026)*.

Catastrophic Health Risk and Retirement Portfolio Choice

with Carolina Fugazza (Turin)

• • New version available upon request. 

  • Originally circulated as "Health Disasters and Life Cycle Risk Taking", available as Collegio Carlo Alberto Notebook.

  • Presentations: NETSPAR International Pension Workshop (2024).

Rental Yields Heterogeneity

with Ronan Lyons (Trinity College Dublin) and Francisco Amaral (Zurich)

Mortgage Rates and Market Concentration