Assistant Professor, Department of Economics, Aalto University School of Business and Helsinki GSE
Associate Research Professor (part-time), VATT Institute for Economic Research
Research Fellow, IZA
External Research Fellow, CReAM

CV | Google Scholar

matti.sarvimaki[a], +358 40 304 5515
Ekonominaukio 1, 02150 Espoo, Finland

Working papers

Habit Formation and the Misallocation of Labor: Evidence from Forced Migrations
with Roope Uusitalo and Markus Jäntti
R&R, Journal of the European Economic Association

Why Does Portfolio Choice Correlate across Generations?
with Samuli Knüpfer and Elias Rantapuska
R&R, Review of Finance

Agglomeration in the Periphery | Appendix
[new version coming eventually]


Immigration History, Entry Jobs and the Labor Market Integration of Immigrants
with Laura Ansala and Olof Åslund
Journal of Economic Geography, forthcoming.
Slides | IZA summary

The Local Economic Impacts of Regeneration Projects: Evidence from UK's Single Regeneration Budget
with Steve Gibbons and Henry Overman
Journal of Urban Economics, 2021, 122, 103315

Post-Secondary Education and Information on Labor Market Prospects: A Randomized Field Experiment
with Sari Pekkala Kerr, Tuomas Pekkarinen and Roope Uusitalo
Labour Economics, 2020, 66, 101888
Treatment material | Preprint

Age at Arrival, Parents and Neighborhoods: Understanding the Educational Attainment of Immigrants' Children
with Laura Ansala and Ulla Hämäläinen
Journal of Economic Geography, 2020, 20(2): 459-480
Appendix | Preprint

Secular Rise in Economically Valuable Personality Traits
with Markus Jokela, Tuomas Pekkarinen, Marko Terviö and Roope Uusitalo
Proceedings of the National Academy of Sciences, 2017, 114(25): 6527–6532
Appendix | Vox column

Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression
with Samuli Knüpfer and Elias Rantapuska
Journal of Finance, 2017, 72(1): 133–166

The Evolution of Social Mobility: Norway during the 20th Century
with Tuomas Pekkarinen and Kjell Salvanes
Scandinavian Journal of Economics, 2017, 119(1): 5–33

The Impact of Forced Migration on Mortality: a Cohort Study of 242,075 Finns in 1939-2010
with Jari Haukka, Pekka Martikainen and Jaana Suvisaari
Epidemiology, 2017, 28(4): 587–593

Labor Market Integration of Refugees in Finland
Nordic Economic Policy Review, 2017, 7(1): 91–114

Integrating Immigrants: The Impact of Restructuring Active Labor Market Policies
with Kari Hämäläinen
Journal of Labor Economics, 2016, 34(2): 479–508

Assimilation to a Welfare State: Labor Market Performance and Use of Social Benefits by Immigrants to Finland
Scandinavian Journal of Economics, 2011, 113(3): 665–688

Work in progress

Sharing the Pain? The Distributional Consequences of the Collapse of Finnish-USSR Trade
with Arnaud Costinot and Jon Vogel

The Making of Social Democracy: The Economic and Electoral Consequences of Norway's 1936 School Reform
with Daron Acemoglu, Tuomas Pekkarinen and Kjell Salvanes

The Impact of Foreign Acquisitions on Wages and Compensation
with David Autor, Tuomas Kosonen and Tuomo Virkola

Intergenerational Effects of Integration Policies
with Hanna Pesola

Forced Migration and Long-Term Mental Disorders in post-WWII Finland
with Henri Salokangas, Jari Haukka, Pekka Martikainen and Jaana Suvisaari

Pre-College Skills and Wage Differentials
with Tuomas Pekkarinen, Marko Terviö and Roope Uusitalo

Childhood Neighbors and Adult Outcomes
with Aino Kalmbach and Liam Wren-Lewis

My Path: Improving Post-Compulsory Educational Choices
with Tuomas Pekkarinen and Hanna Pesola
Status: field work completed. AEA RCT Registry

RCTs as Public Procurement: Finland's Integration SIB
Status: field work completed

Teachers at Work: Preventing Social Exclusion of Immigrants
with Michela Carlana, Mikko Silliman, and Marco Tabellini
Status: field work in preparation

The Impact of Two-Year Pre-School on Academic and Social Skills
with Oskari Harjunen and Ramin Izadi
Status: field work in preparation (in collaboration with the Ministry of Education and Culture)

Selected policy papers

Vaikutusarvioinnit osaksi päätöksentekoa - Miten varmistamme politiikassa, että teemme oikeita asioita
with Oskari Nokso-Koivisto and Otto Toivanen. Edistys-raportti 01/2019.

Dealing with the Refugee Crisis: Policy Lessons from Economics and Political Science
with Dominik Hangartner. Background report for Finland's Economic Policy Council.

Parempi tapa valita korkeakouluopiskelijat
with Tuomas Pekkarinen. VATT Policy Brief 1-2016

Kotoutumissuunnitelmien vaikutukset maahanmuuttajien lasten koulutusvalintoihin
with Kari Hämäläinen and Hanna Pesola. Työ- ja elinkeinoministeriön julkaisuja 43/2015

Maahanmuuttajien integroituminen Suomeen
with Laura Ansala, Essi Eerola, Kari Hämäläinen, Ulla Hämäläinen , Hanna Pesola and Marja Riihelä. VATT Analyysi 2, 2014.

Integroitumista vai eriytymistä? Maahanmuuttajalapset ja -nuoret Suomessa
with Laura Ansala and Ulla Hämäläinen. KELA Työpapereita 56/2014

Muuttoliikkeet, työmarkkinat ja julkinen talous
in Martikainen, Saukkonen, Säävälä (ed.): Muuttajat: Kansainvälinen muuttoliike ja suomalainen yhteiskunta. Gaudemus, 2013.

Vievätkö maahanmuuttajat kantaväestön työpaikat?
Talous & Yhteiskunta 4/2010: 10-15.

Maahanmuuton taloustiede: lyhyt johdatus
Kansantaloudellinen aikakauskirja 3/2010: 253-270.


Taloustieteen perusteet (Principles of Economics)
Principles of Empirical Analysis (with Tuukka Saarimaa)
History of Economic Growth and Crises
Integration of Immigrants
Labor Economics (with Tuomas Pekkarinen)
International Economics

Selected presentations and interviews

Technological Upheaval and Labour Markets (video, 45min)
Panel discussion at the Bank of Finland

Habit Formation and the Misallocation of Labor: Evidence from Forced Migrations (video, 28min; my part starts at 1:44:00)
Presentation at a Symposium on Quantitative History

In Finnish:

How to Evaluate Policy and Business Decisions? (audio, 33min)
Podcast interview at Puttonen & Vilkkumaa

Social Impact Bonds: Why and How? (audio, 54min)
Podcast interview at MustRead

Immigration: Threath or Possibility? (audio, 16min; my part part starts at 4:10)
Radio interview at YLE

Economic Impacts of the Refugee Crisis (video, 15min)
Presentation at the Prime Minister's Office

Social Scientists, Policy Makers and the Economics of Immigration (audio, 70min)
Podcast interview at Radio Helsinki

Causal Inference in Social Sciences (audio, 69min)
Podcast interview at Libera

Randomized Controlled Trials: Why and How? (video, 14min)
Presentation at the Prime Minister's Office

Impact of Integration Policies (audio, 13min; my part part starts at 6:30)
Radio interview at YLE

Immigrants in the Labor Market (video, 35min)
Presentation at the Helsinki Collegium for Advanced Studies

History as a Laboratory (video, 45min; my part starts at 48:00)
Presentation at the Finnish Academy of Science

The Economic Impact of Immigration (audio, 29min)
Radio interview at YLE