Curriculum Vitae. Sven-Olov Daunfeldt, Ph.D. 4 July Researcher, Department of Economics, Umeå University, 2002,

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1 Curriculum Vitae Sven-Olov Daunfeldt, Ph.D 4 July 2012 Personal Information Name: Sven-Olov Daunfeldt Date of birth: September 14, 1970 Marital status: Married, two children. Office addresses HUI Research Department of Economics Regeringsgatan 60 Dalarna University SE Stockholm SE Borlänge sven-olov.daunfeldt@hui.se sod@du.se Phone: Phone: Current positions Researcher, HUI Research, since Lecturer, Dalarna University, since Past positions Researcher, The Ratio Institute, Research Director, The Swedish Retail Institute (HUI), Head of the Division of Economics, University of Gävle, Lecturer, University of Gävle, Researcher, Department of Economics, Umeå University, 2002, Researcher, The Swedish Retail Institute (HUI), Ph D student, Department of Economics, Umeå University, Education Associate Professor (Docent), Department of Economics, Umeå University, March 11, 2009.

2 Doctor of Philosophy, Department of Economics, Umeå University, December 28, Master of Science in Public Administration and Economics, Umeå University, February 16, Teaching experience National Accounting and Macroeconomic Theory (Umeå University), Macroeconomics and Stabilization Policy (Umeå University), Macroeconomic Theory (University of Gävle), Advanced Macroeconomics (Umeå University), Advanced Macroeconomics (University of Gävle), Introduction to Economics (Nordic Retail College, NDH), Applied Econometrics, (University of Gävle), European Economic Integration (University of Gävle), Financial Markets and Portfolio Analysis (University of Gävle), Marketing Research (University of Gävle), Coordinator Master-thesis (Dalarna University), and supervisor of 16 thesis at the bachelor and master level (Umeå University, University of Gävle and Dalarna University). Books and Thesis 1. Daunfeldt, S-O. (2001), Essays on Intra-household Allocation and Policy Regime Shifts, Ph.D. thesis, Department of Economics, Umeå University. Articles in refereed journals 2. Daunfeldt, S-O and de Luna, X. (2001), Efficacy and Cost of Regime Shifts in Inflation Policies - Evidence from New Zealand and Sweden, Applied Economics, 33, Aronsson, T, Daunfeldt, S-O and Wikström, M. (2001), Estimating Intrahousehold Allocation in a Collective Model with Household Production, Journal of Population Economics, 14, , also published in Zimmermann, K F and Vogler, M. (eds), Family, Household and Work, Springer, Daunfeldt. S-O, Rudholm, N and Bergström, F. (2006), Entry into Swedish Retail and Wholesale Trade Markets, Review of Industrial Organization, 29, Daunfeldt, S-O., and Hellström, J. (2007), Intra-household Allocation of Time to Household Production Activities Evidence from Swedish Household Data, Labour, 21, Daunfeldt, S-O. (2007), Tax-Induced Trading and the Identity of the Marginal Investor Evidence from Sweden, European Journal of Finance, 13, Daunfeldt, S-O and de Luna, X. (2008), Central Bank Independence and Price Stability Evidence from 29 OECD-countries, Oxford Economic Papers, 60,

3 8. Daunfeldt, S-O., Selander, C., and Wikström, M. (2009), Taxation, Dividend Payments and Ex-Day Price Changes, Multinational Finance Journal, 13, Daunfeldt, S-O., Rudholm, N., and Rämme, U. (2009), Congestion Charges and Retail Revenues: Results from the Stockholm Road Pricing Trial, Transportation Research Part A, 43A, Daunfeldt. S-O, and Rudholm, N. (2009), Revenues as Proxy for Profits: A Cautionary Note, Applied Economic Letters, 16, Daunfeldt. S-O, Praski-Ståhlgren, U., and Rudholm, N. (2010), Do High Taxes Lockin Capital Gains? Evidence from a Dual Income Tax System, Public Choice, 145, Ankarhem, M., Daunfeldt, S-O., Rudholm, N., and Quoreshi, S. (2010), Do Regional Investment Grants Improve Firm Performance? Evidence from Sweden, Technology and Investments, 1, Daunfeldt, S-O., Orth, M., and Rudholm, N. (2010), Opening Local Retail Food Stores: A Real Options Approach, Journal of Industry, Competition and Trade, 10, Daunfeldt, S-O., Nordström, J., and Thunström, L. (2011), Habit Persistence in Food Consumption, forthcoming Lusk, J.L., Roosen, J., and Shogren J (eds.,) Oxford Handbook on the Economics of Food Consumption and Policy, Chapter 31, Oxford Handbooks in Economics, Oxford University Press: Oxford. 15. Daunfeldt, S-O., Rudholm, N., and Rämme, U. (2012), Congestion Charges in Stockholm: How Have They Affected Retail Revenues?, forthcoming Transportmetrica. 16. Daunfeldt, S-O., and Elert, N. (2012), When is Gibrat s Law a Law?, forthcoming Small Business Economics. 17. Daunfeldt, S-O., Lang, Å., Macuchova, Z., and Rudholm, N. (2012), Firm Growth in the Retail and Wholesale Trade Sectors: Evidence from Sweden, HUI Working Paper 50, HUI Research, Stockholm, forthcoming The Service Industries Journal. 18. Daunfeldt, S-O., Elert, N., and Lang, Å. (2012), Does Gibrat s Law Hold for Retailing? Evidence from Sweden, working paper no. 164, The Ratio Institute, Stockholm, forthcoming Journal of Retailing and Consumer Services. Working papers 19. Aronsson, T, Daunfeldt, S-O and Wikström, M. (2001), Intra-household Tax Avoidance An Application to Swedish Household Data, Umeå Economic Studies No 572, Department of Economics, Umeå University.

4 20. Daunfeldt, S-O. (2002), Tax Policy Changes and Ex-Dividend Behavior - The Case of Sweden, Umeå Economic Studies No 585, paper presented at the European Finance Association s meeting in Berlin 2002, Department of Economics, Umeå University. 21. Daunfeldt, S-O. (2007), Unitary or Individual Models of Household Behavior? A Look at the Empirical Evidence, unpublished manuscript, submitted to Journal of Socio-Economics. 22. Daunfeldt, S-O., Orth, M., and Rudholm, N. (2008), Does the Quality of Store Brands Affect the Number of National Brand Suppliers?, HUI Working Paper 18, The Swedish Retail Institute (HUI), Stockholm, re-submitted to Journal of Retailing and Consumer Services. 23. Daunfeldt, S-O., Hellström, J., and Landström, M. (2008), Why Do Politicians Implement Central Bank Independence Reforms?, Umeå Economic Studies No 733, Department of Economics, Umeå University, paper presented at the 15th Annual Conference of the Multinational Finance Society in Orlando July 2008, the 12th Conference on Macroeconomic Analysis and International Finance in Rethymnon May 2008, and 68 th Annual Conference of the Midwest Political Science Association in Chicago 2009, submitted to Scottish Journal of Political Economy. 24. Chaterjee, S., Dalziel, P., Daunfeldt, S-O and Podder, N. (2008), Income Inequality and Transformation of the Welfare State: A Comparative Study of the Reforms in New Zealand and Sweden, HUI Working Paper No 20, paper presented at the New Zealand Economic Association s meeting in Auckland Bjurgren, C-M., Daunfeldt, S-O., and Johansson, D. (2010), Ownership and High Growth Firms, working paper no. 147, The Ratio Institute, Stockholm, paper presented at the Conference Gazelles and Regional Development organized by the Scottish Branch of Regional Studies Association, and at the 2010 Ratio Colloquium for Young Social Scientists, submitted to Journal of Small Business and Entrepreneurship. 26. Daunfeldt, S-O., Elert, N., and Johansson, D. (2010), Economic Contribution of High-growth Firms: Do Definitions Matter?, working paper no. 151, The Ratio Institute, Stockholm, paper presented at 80 th Annual Meeting of the Southern Economic Association. 27. Daunfeldt, S-O., Granlund, D., Landström, M., and Rudholm, N. (2010), Central Bank Independence and Price Stability: The Role of Democracy and Political Stability, paper presented at the 2010 Annual Meeting of the Public Choice Society in Monterey March 2010 and at the 69 th Annual Conference of the Midwest Political Science Association in Chicago April Daunfeldt, S-O., and Rudholm, N. (2010), Does Shelf-Labeling of Organic Foods Increase Sales? Results from a Natural Experiment, working paper no. 152, The Ratio Institute, Stockholm, submitted to Marketing Science.

5 29. Daunfeldt, S-O., Fölster, S., and Hortlund, P. (2010), Consumption and Income Inequality in Sweden: A Different Story, HUI Working Paper No.39, The Swedish Retail Institute, Stockholm. 30. Coad, A., Daunfeldt, S-O., Johansson, D., and Wennberg, K. (2011), Who Do Highgrowth Firms Hire?, working paper no. 169, The Ratio Institute, Stockholm, paper presented at the Ratio Workshop on High-growth Firms, submitted to Industrial and Corporate Change. 31. Daunfeldt, S-O., Elert, N., and Rudholm, N. (2011) "Start-Ups and Firm In-migration - Evidence from the Swedish Wholesale Trade Industry", HUI Working Paper 53, HUI Research, Stockholm, re-submitted to Annals of Regional Science. 32. Daunfeldt, S-O., and Hartwig, F. (2012), What Determines the Use of Capital Budgeting Methods? Evidence from Swedish Listed Companies, HUI Working Paper 57, HUI Research, Stockholm, submitted to Journal of Financial Management and Accounting. 33. Daunfeldt, S-O., and Rudholm, N. (2012), Does Gender Diversity in the Boardroom Improve Firm Performance?, HUI Working Paper No 60, HUI Research, Stockholm, submitted to The Economic Journal. 34. Daunfeldt, S-O., Halvarsson, D., and Johansson, D. (2012), A Cautionary Note on Using the OECD definition of High-growth Firms, HUI Working Paper No 60, HUI Research, Stockholm. 35. Berggren, N., Daunfeldt, S-O., and Hellström, J. (2012), Social Trust and Central Bank Independence, HUI Working Paper 66, HUI Research, Stockholm, paper presented at the 70 th Annual Conference of the Midwest Political Science Association in Chicago April 2011, 28 th Annual Conference of the European Association of Law and Economics, and the 2 nd World Congress of the Public Choice Societies, submitted to Oxford Economic Papers. Other articles 36. Daunfeldt, S-O. (1997), Kommer den svenska massarbetslösheten att permanentas?, I Tretton inlägg om arbetslöshet, Arbetarrörelsens Ekonomiska Råd, vol 2, s Daunfeldt, S-O. (1997), Kollektiva modeller för hushållets val av arbetskraftutbud - en litteraturöversikt, Umeå Economic Studies No. 458, Department of Economics, Umeå University. 38. Daunfeldt, S-O. (1999), Övergången från hög till låg inflation - en jämförelse av Nya Zeeland och Sverige, Ekonomisk Debatt, 27, Daunfeldt, S-O. (2002), Nyetableringar inom detaljhandeln En beskrivning av ett nytt forskningsprojekt, Forskningsrapport S 68, HUI.

6 40. Daunfeldt, S-O. (2002), Nya modeller för hushållets fördelning av tid och resurser, Ekonomisk Debatt, 30, Daunfeldt, S-O., and Rudholm, N. (2005), Varför blev Ockelbo Årets Företagarkommun 2004?, Department of Economics, University of Gävle. 42. Daunfeldt, S-O. (2006), Skapar oberoende centralbanker verkligen lägre inflation?, Ekonomisk Debatt, nr 8, Bergström, F., Daunfeldt. S-O, and Rudholm, N. (2007), Times they are a Changing: What s New in the Swedish Retail Trade Market?, European Retail Digest, 52, Daunfeldt, S-O. (2007), Inventering av handelsinriktad nationalekonomisk forskning, Forskningsrapport S 113, HUI. 45. Daunfeldt, S-O. (2007), Inventering av handelsinriktad arbetsmarknadsforskning, Forskningsrapport S 116, HUI. 46. Daunfeldt, S-O., Lord, S., och Rosen, E. (2008), Är flaskvatten en miljöbov?, Forskningsrapport S 117, HUI. 47. Daunfeldt, S-O., Gustafsson, N., Hortlund, P., och Rosen, E. (2008), Äldres konsumtionsmöjligeter och preferenser, Forskningsrapport S 118, HUI. 48. Hortlund, P., Danielsson, M., och Daunfeldt, S-O. (2008), Det muntliga avtalet roll för välståndet, Forskningsrapport S 119, HUI. 49. Daunfeldt, S-O., Lord, S., och Rosen, E. (2008), Rätt till heltid konsekvenser för handelssektorn, forskningsrapport, Svensk Handel. 50. Daunfeldt, S-O., and Rudholm, N. (2010), Leder högre skatter på kapitalvinster till inlåsningseffekter?, Ekonomisk Debatt, nr 2, Daunfeldt, S-O., and Rudholm, N. (2010), Hyllskyltningar av ekologiska varor: Resultat från ett naturligt experiment, forskningsrapport S 152, HUI. 52. Rudholm, N., Daunfeldt, S-O., Heldt, T., Thunström, L., och Weiberth, C. (2011), Märkningar och konsumentbeteende, Forskningsrapport 2011:1, Handelns Utvecklingsråd, Stockholm. 53. Daunfeldt, S-O., Halvarsson, D., och Johansson, D. (2011), Snabbväxande företag: En fördjupad analys av mått och definitioner, Working paper 2011:27, Myndigheten för tillväxtpolitiska utvärderingar och analyser, Östersund. 54. Daunfeldt, S-O., and Bornhäll, A. (2011), Varför växer inte vissa företag? Om betydelsen av att studera potentiella snabbväxare, underlagsrapport Almedalen 2011, Ratio, Stockholm.

7 55. Rudholm, N (red)., Blom, C., Daunfeldt., S-O., Junkka, F., Muhlrad, H., och Vestin, H. (2011), Vilka faktorer är av betydelse för partihandelns utveckling?, Forskningsrapport, Handelns Utvecklingsråd, Stockholm. 56. Daunfeldt, S-O., och Halvarsson, D. (2011), Snabbväxarnas dynamik: Är hög företagstillväxt uthållig?, Rapport 2011:15, Myndigheten för tillväxtpolitiska utvärderingar och analyser, Östersund. Referee-assignments Review of Economics of the Household, Journal of Socio-Economics, Oxford Economic Papers, European Journal of Finance, Journal of Emerging Markets Finance and Trade, CESinfo Economic Studies, Scottish Journal of Political Economy, Industrial and Corporate Change (2). Supervisor Co-advisor, Mats Landström, Department of Economics, Umeå University. (Ph.Lic in December 2009) Co-advisor, Ulrika Praski-Ståhlgren, Department of Economics, Örebro University. Co-advisor, Åsa Lang, Department of Business, Mid Sweden University. Co-advisor, Fredrik Hartwig, Department of Business, Uppsala University. Main advisor, Niklas Elert, Department of Economics, Örebro University (Ph.Lic scheduled in September 2012). Main advisor, Anders Bornhäll, Department of Economics, Örebro University. Other professional activities Member of the grading committee, Andreas Högberg, Jönköping International Business School, June Organizer of the Ratio Workshop on High-growth Firms, May Organizer of the 2010 Ratio Colloquium for Young Social Scientists, Understanding Firm Growth, August Discussant pre-dissertation seminar, Apostolos Baltzopoulos (3 papers on regional entrepreneurship), KTH Royal Institute of Technology, Stockholm, January 20, Organizer and founder of the annual HUI Workshop Research in Retailing, Mälargården, ; 2012.

8 Organizer and founder of the HUI network of affiliated researchers. Organizer of the 1 st Nordic Retail and Wholesale Conference, Norrtälje, November Member of the Board of Directors, The Swedish Retail Institute (HUI), Awards Best teacher of the year 2004, Department of Economics, University of Gävle. Research fellowships and grants Post-doctoral Fellowship, The Swedish Foundation for International Cooperation in Research and Higher Education (Huvudsökande) Lock-in Effects and Ex-dividend Day Behaviour: Evidence from Swedish Tax Policy Regime Shifts, Vetenskapsrådet (Medsökande) Competition Processes in the Food Industry, FORMAS (Medsökande) Kommer efterfrågan med svanen? Om betydelsen av produktmärkningar i handeln, Handelns Utvecklingsråd (Huvudsökande) Explaining High-growth Firms, Torsten och Ragnar Söderbergs stiftelser (Medsökande) Vad händer när IKEA kommer till stan? Handelns Utvecklingsråd (Medsökande) Various smaller grants from Handelns Utvecklingsråd, Konkurrensverket, Sparbanksstiftelsen Nya, Svenskt Näringsliv, Svensk Handel, Ockelbo Kommun, The Swedish Institute (SI), J C Kempe s Memorial Fund, J C Kempe s Academic Memorial Fund, Lars Hierta s Memory, Borgenskapets Research Foundation, and Foundation Siamon. Longer visits abroad Post-doctoral Fellow, Commerce Division, Lincoln University, New Zealand, September 2002 August Visiting graduate student, Department of Economics, University of Wisconsin-Madison, September 1998 December Seminar presentations Umeå University, University of Gävle, Göteborg University, CERUM, University of Wisconsin-Madison, Lincoln University, University of Cantebury, Victoria University of Wellington, Reserve Bank of New Zealand, Ministry of Finance (Sweden), Sveriges Riksbank, Ratio, The Swedish Retail Institute (HUI), Örebro University, Dalarna University,

9 the Research Institute of Industrial Economics (IFN), Jönköping International Business School (JIBS), Tillväxtanalys and KTH Royal Institute of Technology. Conference presentations European Finance Association s meeting in Berlin 2002, 8 th and 12 th International Conference on Macroeconomic Analysis and International Finance, 20 th Annual Congress of the European Economic Association, 13 th and 15 th Annual Conference of the Multinational Finance Society, 4 th Portuguese Finance Network Conference, Annual Congress of the European Society of Population Economics (ESPE), Annual Congress of the International Institute of Public Finance (IIPF), 1 st and 2 nd Nordic Retail and Wholesale Conference, 68 th, 69 th and 70 th Annual Conference of the Midwest Political Science Association, Almedalen 2009 and 2011, the 2009 General Meeting of the Mont Pelerin Society, Småföretagardagarna 2010, 2011 and 2012, Tillväxtdagarna 2011, the 2010 Annual Meeting of the Public Choice Society, the 2 nd World Congress of the Public Choice Societies, 17 th and 18 th International Conference on Recent Advances in Retailing and Services Science, 80 th Annual Meeting of the Southern Economic Association, 28 th Annual Conference of the European Association of Law and Economics, Ratio Workshop on High-Growth Firms, and 1 st, 2 nd, 3 rd, 4 th, 5 th, and 6 th HUI Workshop on Research in Retailing.