Mikael

Degrees

Current Position and Employer

Previous Employers

Extended Research Visits

Editorial Assignments

Papers Published in Peer-Reviewed Journals (see Google Scholar for citing statistics)

  1. Dimensions and Lyapunov Exponents from Exchange Rate Series. Chaos, Solitons and Fractals, 7, 2199-2214, 1996.
  2. Testing Chaotic Dynamics via Lyapunov Exponents. Physica D: Nonlinear Phenomena, 114, 1-2, 1998, with Ramazan Gençay.
  3. A Positive Lyapunov Exponent in Swedish Exchange Rates? Chaos, Solitons and Fractals, 14, 1295-1304, 2002.
  4. Characterizing the Degree of Stability of Non-Linear Dynamic Models. Studies in Nonlinear Dynamics and Econometrics, 6 (1) article 3, 2002, with Xavier de Luna.
  5. Should One Use Smokeless Tobacco in Smoking Cessation Programs? A Rational Addiction Approach. European Journal of Health Economics, 4, 263-270, 2003, with Maria Melkersson.
  6. Rationally Addicted to Drinking and Smoking? Applied Economics, 36, 373-381, 2004, with Maria Melkersson.
  7. Technical Trading at the Currency Market Increases the Overshooting Effect. Finnish Economic Papers, 16, 72-80, 2003.
  8. Rational Addiction and Cigarette Smoking in the Presence of Bootleg Cigarettes. Applied Economics Quarterly, 49, 319-338, 2003, with Linda Andersson and Maria Melkersson.
  9. EMU and the Stability and Volatility of Foreign Exchange: Some Empirical Evidence. Chaos, Solitons and Fractals, 25, 737-750, 2005, with Xavier de Luna.
  10. Economic Man and the Consumption of Addictive Goods: The Case of Two Goods. Substance Use and Misuse, 41, 453-466, 2006, with Linda Andersson and Maria Melkersson.
  11. Heterogeneous Beliefs in a Sticky-Price Foreign Exchange Model. Ekonomia, 9, 57-85, 2006, with Carina Selander.
  12. The Stability of Electricity Prices: Estimation and Inference of the Lyapunov Exponents. Physica A: Statistical Mechanics and its Applications, 376, 565-572, 2007, with Tung Liu and Anna Widerberg.
  13. Chartism and Exchange Rate Volatility. International Journal of Finance and Economics, 12, 301-316, 2007.
  14. Adaptive Learning in an Expectational Difference Equation with Several Lags: Selecting among Learnable REE. European Financial Management, 14, 99-117, 2008.
  15. Instrument Rules in Monetary Policy under Heterogeneity in Currency Trade. Journal of Economics and Business, 61, 97-111, 2009.
  16. Announcement Effects on Exchange Rates. International Journal of Finance and Economics, 14, 64-84, 2009.
  17. Fundamentals and Technical Trading: Behavior of Exchange Rates in the CEECs. Open Economies Review, 20, 589-605, 2009, with Jarko Fidrmuc.
  18. Market Power in the Expanding Nordic Power Market. Applied Economics, 43, 1035-1043, 2011, with Jens Lundgren and Niklas Rudholm.
  19. Market Structure and the Stability and Volatility of Electricity Prices. Energy Economics, 31, 278-288, 2009, with Anna Widerberg.
  20. Robust Taylor Rules under Heterogeneity in Currency Trade. International Economics and Economic Policy, 6, 283-313, 2009, with Carina Selander.
  21. Measuring Potential Market Risk. Journal of Financial Stability, 6, 180-186, 2010.
  22. Optimal Monetary Policy under Heterogeneity in Currency Trade. Journal of Financial Economic Policy, 1, 338-354, 2009.
  23. Asset Price Misalignments and Monetary Policy. International Journal of Finance and Economics, 17, 221-241, 2012.
  24. Actual and Potential Market Risks during the Stock Market Turmoil 2007-2008. Applied Financial Economics, 22, 339-349, 2012, with Anna Widerberg.
  25. A Case for Interest Rate Inertia in Monetary Policy. International Journal of Finance and Economics, 19, 140-159, 2014.
  26. Social Influence and the Matthew Mechanism: The Case of an Artificial Cultural Market. Physica A: Statistical Mechanics and its Applications, 412, 113-119, 2014, with Miia Bask.
  27. Cumulative (Dis)advantage and the Matthew Effect in Life-Course Analysis. PLOS ONE, 10 (11) e0142447, 2015, with Miia Bask.
  28. Optimal Monetary Policy under Learning and Structural Uncertainty in a New Keynesian Model with a Cost Channel and Inflation Inertia. Journal of Economic Dynamics and Control, 69, 112-126, 2016, with Christian R. Proaño.
  29. Market Dynamics of Buyout Acquisitions in the Renewable Energy and Cleantech Sectors: An Event Study Approach. Renewable and Sustainable Energy Reviews, 64, 271-278, 2016, with Samuel Palmquist.
  30. Pure Announcement and Time Effects in the Dividend-Discount Model. Quarterly Review of Economics and Finance, 77, 266-270, 2020.
  31. Extrapolative Expectations and Macroeconomic Dynamics: Evidence from an Estimated DSGE ModelInternational Journal of Finance and Economics, 26, 1101-1111, 2021, with João Madeira.
  32. Latent Class Analysis of IPOs in the Nordics. PLOS ONE, 16 (11) e0259510, 2021, with Anton Läck Nätter.

Other Publications

Academic Assignments

Previous Ph.D. Students

Current Ph.D. Students

Research Grants

Supervision of Bachelor and Master Theses

1996–2004: 22 Bachelor and Master Theses in Economics, Umeå University, Sweden.
2010: 1 Master Thesis in Economics, Åbo Akademi University, Turku, Finland.
2011– : 30 Bachelor Theses in Economics, Uppsala University, Sweden.
2011– : 18 Master Theses in Economics, Uppsala University, Sweden.
2020– : 1 Master Thesis in Mathematics, Uppsala University, Sweden.

Teaching Experiences

Introductory Economics (several courses): 1992–1993

Introductory and Intermediate Macroeconomics (several courses): 1992–1993

Introductory Microeconomics (several courses): 1992–1993

Advanced Macroeconomics: Fall 2002, Spring 2003, Fall 2004

Introductory Economics: Spring 1999, Spring 2000

Introductory Macroeconomics: Spring 1996, Fall 2002

Introductory Microeconomics: Fall 1993, Spring 1994

Intermediate Macroeconomics: Fall 1998, Spring 1999, Fall 1999, Spring 2000

Advanced Macroeconomics: Fall 1994, Fall 1995, Fall 1996, Fall 1997, Fall 1998, Fall 1999

Mathematical Economics I: Fall 1998, Fall 1998–Spring 1999

Macroeconomics II: Fall 2004

Microeconomics I: Fall 2002, Fall 2003

International Macroeconomics and Finance: Fall 2003–Spring 2004

Introductory Economics: Fall 1999, Fall 1999–Spring 2000

Advanced International Macroeconomics and Finance: Spring 2006

Introductory Financial Economics: Spring 2010

Intermediate Macroeconomics: Spring 2011

Advanced Microeconomics: Fall 2009

Intermediate Financial Economics: Spring 2011, Fall 2011, Spring 2012, Fall 2012, Spring 2013, Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Spring 2021, Fall 2021, Spring 2022

Advanced Financial Economics (Master-level course): Fall 2010, Fall 2011, Fall 2012, Fall 2014, Fall 2015

Intermediate Macroeconomics: Spring 2015

Mathematical Methods I: Fall 2018, Fall 2019, Fall 2020, Fall 2021

Introduction to Computational Social Science (Guest lecture on agent-based modeling): Spring 2022

Advanced Sociology (Guest lecture on analytical sociology): Spring 2015

Selected Administrative Experiences

Experiences to Communicate with the Surrounding Society

Free counters!