Roine Vestman

Roine Vestman is a Professor of Economics at Stockholm University and a visiting researcher at the Swedish House of Finance. He serves as the director for CeMoF and is a Research Fellow at CEPR. Additionally, he holds significant advisory positions including board member at AP7 (Sjunde AP-fonden), scientific advisor to the Swedish Debt Office (Riksgälden), and has previously advised the Swedish FSA (Finansinspektionen) and government inquiries on macroprudential policy.

Vestman's educational background includes:

• Ph.D. in Economics from New York University, USA
• M.Sc. degree from Stockholm School of Economics

Professor Vestman's research focuses on household finance, examining how individuals make consumption, savings, and housing decisions and how these choices impact the broader economy. His work specifically investigates pension plan design, the functioning of mutual fund industries, and household debt dynamics. His research combines theoretical models with empirical analysis of detailed Swedish data to provide insights into financial behavior and policy implications. Vestman has made significant contributions to understanding how default options in pension systems can be optimized to improve outcomes for passive investors.

His recent publications demonstrate a strong focus on household financial decision-making, with particular attention to pension systems, housing markets, and investment behavior. Vestman's work often employs sophisticated empirical methods using detailed administrative data from Sweden, allowing for nuanced analysis of household financial behavior. A recurring theme across his publications is the examination of how financial institutions and policies affect individual economic outcomes, with implications for designing better financial products and regulatory frameworks.

Through his advisory roles at AP7, the Swedish Debt Office, and previous engagements with Sveriges Riksbank and Finansinspektionen, Vestman actively translates his research into practical policy recommendations. His work on default pension fund allocation has particularly influenced discussions about how to improve retirement savings systems through personalized approaches that consider individual financial circumstances beyond just age.