Research assistants Azar Aliyev Research Analyst, Swedish House of Finance / Stockholm School of Economics Simon Almerström Przybyl Research Analyst, Swedish House of Finance / Stockholm School of Economics Anton Arbman Hansing Research Analyst, Swedish House of Finance / Stockholm School of Economics Yao Fu Head of Research Analysts, Swedish House of Finance / Stockholm School of Economics Chunyang Han Research Analyst, Swedish House of Finance / Stockholm School of Economics Linn Hansen Research Analyst, Swedish House of Finance / Stockholm School of Economics August Hansson Senior Research Analyst, Swedish House of Finance / Stockholm School of Economics Sebastian Sandstedt Research Analyst, Swedish House of Finance / Stockholm School of Economics Karl Sigfrid Research Analyst, Swedish House of Finance / Stockholm School of Economics Yuhuang Sun Research Analyst, Swedish House of Finance / Stockholm School of Economics