Natalia Khorunzhina

Associate Professor Department of Economics Copenhagen Business School Porcelænshaven 16A, 1 DK-2000 Frederiksberg Phone +45 38152403 Email Web


  • Ph.D. (Economics), University of Pittsburgh, 2011

Academic Positions:

  • Associate Professor, Copenhagen Business School, 2016
  • Assistant Professor, Copenhagen Business School, 2011-2016

Research Interests:

  • life-cycle choices of households
  • consumption and savings
  • household finance
  • portfolio choices
  • computational economics


"American dream delayed: shifting determinants of homeownership" with Robert Miller, International Economic Review, 2022, 63(1), 3–35. "Intratemporal nonseparability between housing and nondurable consumption: evidence from reinvestment in housing stock," Journal of Monetary Economics, 2021, 117, 658-670. "Housing decision with divorce risk" with Marcel Fischer, International Economic Review, 2019, 60(3), 1263–1290.                                                              Media coverage: Jyllands-Posten 2019 (in Danish), Finans 2019 (in Danish) "Finite Gaussian mixture approximations to analytically intractable density kernels" with Jean-Francois Richard, Computational Economics, 2019, 53(3), 991–1017. "Micro-level estimation of optimal consumption choice with intertemporal nonseparability in preferences and measurement errors" with Wayne-Roy Gayle, Journal of Business & Economic Statistics, 2018, 36(2), 227-238.  "Real business-cycle model with habits: empirical investigation", Economic Modelling, 2015, 46, 61–69. "Structural estimation of stock market participation costs", Journal of Economic Dynamics and Control, 2013, 37, 2928–2942.

Last updated by: Natalia Khorunzhina 08/02/2022