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