Professor II - Institutt for finans
The core of my research investigates topics in household finance. The first theme of my work concerns the role experiences play in explaining financial decisions. The second theme is about investment mistakes, i.e., investor behavior that departs from the normative prescriptions of finance theory. Outside household finance, I am working on understanding the characteristics of corporate decision-makers.
Keloharju, Matti; Knüpfer, Samuli & Tåg, Joacim (2022)
What prevents women from reaching the top?
Financial Management Doi: 10.1111/fima.12390
Adams, Renee Birgit; Keloharju, Matti & Knüpfer, Samuli (2018)
Are CEOs born leaders? Lessons from traits of a million individuals
What makes a successful CEO? We combine a near-exhaustive sample of male CEOs from Swedish companies with data on their cognitive and noncognitive ability and height at age 18. CEOs differ from other high-skill professions most in noncognitive ability. The median large-company CEO belongs to the top 5% of the population in the combination of the three traits. The traits have a monotonic and close to linear relation with CEO pay, but their correlations with pay, firm size, and CEO fixed effects in firm policies are relatively low. Traits appear necessary but not sufficient for making it to the top.
Knüpfer, Samuli; Rantapuska, Elias & Matti, Sarvimäki (2017)
Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression
Journal of Finance, 72(1), s. 133- 166. Doi: 10.1111/jofi.12469
Grinblatt, Mark; Ikäheimo, Seppo, Keloharju, Matti & Knüpfer, Samuli (2015)
IQ and mutual fund choice
Management science, 62(4), s. 924- 944. Doi: 10.1287/mnsc.2015.2166
Kaustia, Markku; Knüpfer, Samuli & Torstila, Samuli (2015)
Stock ownership and political behavior: Evidence from demutualizations
Management science, 62(4), s. 945- 963. Doi: 10.1287/mnsc.2014.2135
|2007||Helsinki School of Economics||Ph.D Dr. Scient.|
|2002||Helsinki School of Economics||Master Cand. Oecon|
|2015 - Present||BI Norwegian Business School||Professor|
|2008 - 2015||London Business School||Assistant Professor|