This paper uses transaction-level customer data from the largest bank in Denmark to estimate the change in consumer spending caused by the COVID-19 pandemic and the resulting shutdown of the Danish economy. We find that aggregate spending was on average 27% below the counterfactual level without...

How do households respond to job loss, and which self-insurance channels are most important? By linking customer data from the largest bank in Denmark with information from government administrative registers, we quantify a broad range of responses to job loss in a unified empirical framework....

We study the impact of too big to fail (TBTF) guarantees on bank competition for retail deposits. Exploiting information about all personal deposit accounts in Denmark and salient changes to the deposit insurance limit, we provide evidence that systemically important banks successfully retain...

Do gender disparities in academia reflect that female scholars are held to higher standards than males? We address this question by comparing the scientific merit of male and female academic economists who make the same career step. Across four domains - i.e. faculty positions, network...