About
About
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I am a PhD fellow at the Center for Economic Behavior and Inequality (CEBI), Department of Economics, the University of Copenhagen. My supervisors are Søren Leth-Petersen and Claus Thustrup Kreiner. In 2024, I visited Professor Andrew Caplin at New York University.
In my research, I employ combinations of administrative data and survey measures of subjective labor market expectations to examine how these expectations are formed and how they affect economic decision making and labor market behavior.
Curriculum Vitae: Available here
Research
Research
Publications
Subjective Unemployment Expectations and (Self-)Insurance
with Søren Leth-Petersen
Labour Economics, 90. 2024 https://doi.org/10.1016/j.labeco.2024.102579
Abstract:
We study subjective unemployment expectations and their influence on economic behavior. We utilize a longitudinal data set combining survey elicited subjective unemployment expectations with administrative data on income, savings, and unemployment insurance. Our findings indicate that subjective expectations hold valuable predictive information about subsequent unemployment experiences. We find that individuals tend to overestimate their risk of unemployment. Moreover, higher unemployment expectations lead to a greater likelihood of enrolling in unemployment insurance and accumulation of liquid savings.
Working Papers
Subjective Unemployment Expectations and Precautionary Behavior in the Shadow of Peer Job Loss
Abstract:
I examine whether individuals’ subjective unemployment expectations and self-insurance behavior are systematically related to unemployment experiences within their social networks. Using a combination of survey-elicited subjective unemployment expectations and Danish administrative data, I document three main findings. First, peer job loss is strongly predictive of individuals’ own future unemployment risk, even after controlling for fixed effects and prior outcomes — suggesting that peer unemployment carries information about latent labor market conditions. Second, individuals’ subjective unemployment expectations respond to recent unemployment among peers, particularly when the individuals have little experience of their own. Third, peer job loss exposure is associated with precautionary behavior, including higher take-up of private unemployment insurance and increased transitions to lower-turnover jobs.
Work in Progress
Childhood Volatility and Academic Performance
with Andrew Caplin, Nora Harhen, Cate Hartley, Søren Leth-Petersen and Johan Sæverud
Peer Effects and Saving Behavior
with Camilla Skovbo Christensen
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