Fields of Interest: Household Finance, Behavioural Economics, Experimental Economics
sta@nationalbanken.dk
Personal website
Professional Experience
Head of Research, Danmarks Nationalbank, 2022 -
Professor, Department of Finance, Copenhagen Business School, 2015 - 2022
Fellow, CEPR, 2015 -
Fellow, CEAR, Mack Robinson College of Business, Georgia State University, 2010 -
Visiting Associate Professor, Department of Economics, Stanford, 2011
Professor, Department of Economics, Copenhagen Business School, 2011 - 2015
Associate Professor, Department of Economics, Copenhagen Business School, 2009 – 2011
Assistant Professor, Department of Economics, Copenhagen Business School, 2007 - 2008
Research Fellow, Centre for Economic and Business Research, Copenhagen Business School, 2007 -2009
Education
Ph.D., Economics, University of Copenhagen, 2007
Visiting Scholar, Department of Economics, University of Chicago, 2005 - 2006
Visiting Scholar, Department of Economics, College of Business Administration, University of Central Florida, 2004
M.Sc., Economics, University of Copenhagen, 2004
B.Sc., Economics, University of Copenhagen, 2001
Refereed Publications
"Reference Dependence in the Housing Market," with C. Badarinza, L. Liu, J. Marx, and T. Ramadorai, American Economic Review, 112 (10): 3398-3440 (2022)
"Sources of inaction in household finance: Evidence from the Danish mortgage market," with J. Y. Campbell, K. M. Nielsen, and T. Ramadorai, American Economic Review, 110(10), 3184-3230 (2020)
"Once Bitten, Twice Shy: Do Personal Experiences or Wealth Changes Affect Risk Taking," with T. Hanspal and K. M. Nielsen, Journal of Financial Economics, 132 (3), 97-117 (2019)
"Ability or finances as constraints to entrepreneurship? Evidence from survival rates in a natural experiment," with K. M. Nielsen, Review of Financial Studies, 2012, 25(2), 3684-3710 (2012)
"Stakes Matter in Ultimatum Games," with S. Ertac, U. Gneezy, M. Hoffman and A. J. List, American Economic Review, 101(1) (2011)
"Participation Constraints in the Stock Market: Evidence from Unexpected Inheritance Due to Sudden Death," with K. M. Nielsen, Review of Financial Studies, 24(5), 1667-1697 (2011)
"Eliciting Risk and Time Preferences," with G. W. Harrison, M. I. Lau, and E. E. Rutström, Econometrica, 76(3), 583–618 (2008)