Anders Anderson Researcher, Swedish House of Finance Associate Professor, Program Director MFIN, Department of Finance, 91ÌÒÉ«ÊÓÆµ Paolo Sodini Researcher, Swedish House of Finance 25th Anniversary Professor of Finance, Department of Finance, 91ÌÒÉ«ÊÓÆµ Director of MiDa – the Institute for Micro Data at 91ÌÒÉ«ÊÓÆµ & SHoF