1 April 2019

Adam Sheridan succesfully defended his Phd thesis on 29 March and becomes Post Doc at CEBI

Adam  succesfully defended his Phd thesis with the title "Essays on Banks, Insurance, and Social Networks

This thesis consists of four self-contained chapters. In the first chapter, written together with Rajkamal Iyer, Thais Jensen, and Niels Johannesen, we provide empirical evidence of the distortive effects of too-big-to-fail guarantees on bank competition for retail deposits. In the second chapter, written together with Asger Lau Andersen, Amalie Sofie Jensen, Niels Johannesen, Claus Thustrup Kreiner, and Søren Leth-Petersen, we provide precise and comprehensive evidence on how households respond to unemployment shocks by linking multiple high-frequency administrative data sets from government agencies, covering the entire Danish population, with transaction-level data from a major bank. In the third chapter, written together with Asger Lau Andersen, and Niels Johannesen, we combine transaction-level customer records from a large retail bank with government registers in order to construct a unique dataset with high-frequency information on income, spending, and intra-family bank transfers and we use these data to produce new evidence on intra-family insurance. In the fourth and final chapter, I demonstrate how the increasing popularity of mobile money transfer apps is generating population-scale data on real world social interactions, presenting researchers with an opportunity to better comprehend social networks and their role in social and economic behavior.