Yangzhou Yuan's thesis in economics

Yangzhou Yuan's thesis illustrates how financial market incompleteness causes misallocations and influences international trade patterns.

Abstract from Policy, Institutions and Misallocation

The thesis contains three models. Chapter 1 illustrates how financial market incompleteness causes misallocations and influences international trade patterns. Countries with more complete markets tend to specialize in risky sectors. Chapter 2 shows how fertility constraints harm social mobility and create misallocations through multiple channels. Chapter 3 shows financial segmentation in China is the cause of housing bubbles but that bubbles improve the allocation by crowding out inefficient investments.

Read the thesis in Diva

About the defence

Public defence on 14 June at 9–12, in Albano, Auditorium 4, House 2, Albanovägen 18.

Opponent, supervisor and chairman

Opponent: Karl Walentin, Associate Professor of Economics, Department of Economics, Uppsala University
Supervisor: John Hassler, Professor of Economics, Institute for International Economic Studies, Stockholm University
Chairman: Ann-Sofie Kolm, Professor of Economics, Department of Economics, Stockholm University

Examining committee

Roine Vestman, Associate Professor of Economics, Department of Economics, Stockholm University
Marieke Bos, Associate Professor of Finance, Stockholm School of Economics
Chuan-Zhong Li, Professor of Economics, Department of Economics, Uppsala University
Ingvild Almås, Professor of Economics, Department of Economics, Stockholm University (deputy)

Calendar event

Theme

Economy and Society

Last updated: June 12, 2023

Source: Department of Economics

eventNewsArticle

standard-article

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