Abstract
This doctoral thesis in Economics consists of three chapters. “Real Effects of Credit Supply Shocks: Evidence from Danish Banks, Firms, and Workers” exploits a large and novel dataset constructed from Danish administrative and tax records to estimate the effect of shocks to firms’ credit supply on firm and worker level outcomes. “A Model of Search in Credit and Labour Markets with Heterogenous Labour” proposes a model of search in credit and labour markets, highlighting the role that credit market frictions play in determining employer skill requirements. “Does Wealth Inhibit Criminal Behaviour? Evidence from Swedish Lottery Players” uses a large dataset of Swedish lottery players combined with comprehensive records of criminal convictions to estimate the causal effect of wealth on criminal behaviour.