Published Papers (All Years)

The Role of Macroprudential Policy in Times of Trouble

2026

Jan 01

Chadha, J. S, Corrado, L. and Corrado, G.

Professor Jagjit S. Chadha OBE

2025

Dec 04

The Economics of Infectious Diseases

Auld, M. C., Fenichel, E. P. Toxvaerd, F.

Journal of Economic Literature

Professor Flavio Toxvaerd

Journal of Economic Behavior and Organization

2025

Dec 01

The Effect of parental Wealth on Labor Income: Evidence from the Norwegian Wealth Tax

Berg, K. and Hebous, K.

Non-College Occupations, Workplace Routinization, and the Gender Gap in College Enrollment

Dr Kristoffer Berg

2025

Nov 01

Chuan, A., Zhang, W.

Journal of Human Resources

Can Schools Change Religious Attitudes? Evidence from German State Reforms of Compulsory Religious Education

2025

Nov 01

Arold, B. W., Woessmann, L., Zierow, L.

Journal of Human Resources

Dr Benjamin Arold

2025

Oct 31

Economic Shocks and Religious Conflict in Medieval India

Ticku, R., Shrivastava, A. and Iyer, S

Journal of Economic History

Professor Sriya Iyer

American Economic Journal: Applied Economics

2025

Oct 01

Pulled-in and Crowded-out: Heterogeneous Outcomes of Merit-Based School Choice

Dalla-Zuanna, A., Liu, K., Salvanes, K.

American Economic Journal: Applied Economics

Dr Kai Liu

Journal of Political Economy Microeconomics

2025

Sep 27

Genetic Endowments, Educational Outcomes, and the Moderating Influence of School Quality

Arold, B. W., Hufe, P. and Stoeckli, M.

Journal of Political Economy Microeconomics

Dr Benjamin Arold

Journal of Business & Economic Statistics

2025

Sep 19

The Permanent and Temporary Effects of Stock Splits on Liquidity in a Dynamic Semiparametric Model

Hafner, C. M., Linton, O. B., Wang, L.

Journal of Business & Economic Statistics

Professor Oliver Linton

2023

2025

Sep 01

Why Do Retired Households Draw Down Their Wealth So Slowly?

French, E., Jones, J. B., McGee, R.

Journal of Economic Perspectives

Do Religious People Cope Better in a Crisis? Evidence from the UK Pandemic Lockdowns

2025

Sep 01

Iyer, S., Larcom, S., Shah, J. and She, P-W.

Spurious Factors in Data with Local-to-Unit Roots

Professor Sriya Iyer

2025

Aug 01

Onatski, A. and Wang, C.

Econometric Theory

Professor Alexey Onatskiy

2025

Jul 01

Monetary Policy and Heterogeneity: An Analytical Framework

Bilbiie, F. O.

The Review of Economic Studies

Professor Florin Bilbiie

2025

Jun 30

Macroeconomic Perspectives on Productivity

Chadha J. S. and Samiri, I.

Journal of Economic Surveys

Professor Jagjit S. Chadha OBE

2025

Jun 12

The Interest Rate Effects of Government Debt Maturity: Solving the Bond Conundrum

Chadha, J. S., Turner, P. and Zampolli, F.

The World Economy

Professor Jagjit S. Chadha OBE

2025

Jun 09

Bottom-up Markup Fluctuations

Burstein, A., Carvalho, V. M. and Grassi, B.

The Quarterly Journal of Economics

Professor Vasco Carvalho

American Economic Journal: Economic Policy

2025

May 26

Connections During Democratic Transitions: Insights from the Political Purge in Post-WWII France

Aidt, T., Lacroix, J. and Meon, P-G.

American Economic Journal: Economic Policy

Leaders and Social Norms: On the Emergence of Consensus or Conflict

2025

May 01

Block, J. I., Dutta, R. and Levine, D. K.

Mixing QE and Interest Rate Policies at the Effective Lower Bound: Micro Evidence from the Euro Area

Dr Juan Block

2025

Apr 16

Bittner, C., Rodnyansky, A., Saidi, F. and Timmer, Y.

Review of Finance

Dr Alexander Rodnyansky

2025

Apr 11

Overlapping Climate Policies

Perino, G., Ritz, R. and van Benthem, A. A.

The Economic Journal

2025

Apr 01

Revealing Inequality Aversion from Tax Policy and the Role of Non-Discrimination

Berg, K.

Economica

Dr Kristoffer Berg

2025

Mar 31

Is Southeast Asia Falling into a Latin American-style Middle-Income Trap?

Palma, J. G. and Pincus, J.

The Japanese Political Economy

Ricardo was Surely Right: The Abundance of “Easy” Rents Leads to Greedy and Lazy Elites. A “Post-Ricardian” Critique of Rentier-Capitalism (and its “Non-Creative” Destruction)

2025

Mar 31

Palma, J. G.

Review of Political Economy

While the Great Classical Cambridge Tradition Kept Their Focus on ‘The Real’, the Core of the Mainstream was Switching from ‘Concept-Worship’ (A Form of Fundamentalism), to ‘Method-Worship’ (A Form of ‘Idolatry’). On the life and work of Ajit Sing. Cambr

2025

Mar 31

Palma, J. G.

Cambridge Journal of Economics

América Latina y su “Gatopardismo a la Inversa”: Para Que Todo Pueda Seguir Igual, Nada Puede Cambiar. ¿Cómo Remodelar un Sistema Con Tan Poca Entropía?

2025

Mar 31

Palma, J. G.

El Trimestre Económico

Economics Coauthorships in the Aftermath of MeToo

2025

Mar 21

Amano-Patiño, N., Faraglia, E. and Giannitsarou, C.

Dr Noriko Amano-Patiño, Professor Elisa Faraglia, Professor Chryssi Giannitsarou

2025

Mar 01

Widening Access in University Admissions

Doğan, B., Erdil, A.

Journal of Economic Theory

Professor Aytek Erdil

2025

Mar 01

Why Do Couples and Singles Save during Retirement? Household Heterogeneity and Its Aggregate Implications

De Nardi, M., French, E., Jones, J. B., McGee, R.

Journal of Political Economy

Testing for Alpha in Linear Factor Pricing Models with a Large Number of Securities

2024

2025

Mar 01

Pesaran, M. H. and Yamagata, T.

Journal of Financial Econometrics

Discussion of “Singles, Couples, Time-Averaging, and Taxation”

2025

Mar 01

Blundell, R, French, E.

Journal of Monetary Economics

Journal of Financial Economics

2025

Mar 01

Optimal Illiquidity

Beshears, J., Choi, J. J., Clayton, C., Harris, C., Laibson, D. and Madrian, B. C.

Professor Christopher Harris

2025

Feb 28

An Edge CLT for the Log Determinant of Wigner Ensembles

Johnstone, I. M., Klochkov, Y., Onatski, A. and Pavlyshyn, D.

Bernoulli

Professor Alexey Onatskiy

2025

Jan 30

Effectiveness of iNTS vaccination in sub-Saharan Africa

Cassese, D., Dimitri, N., Breghi, G. and Spadafina, T.

Scientific Reports

Dr Daniele Cassese

2025

Jan 25

Estimating Self-Performance When Making Complex Decisions

Lu, S., Murawski, C., Bossaerts, P. and Suzuki, S.

Scientific Reports

Climate Change Mitigation Policies: Aggregate and Distributional Effects

2024

Dec 11

Cavalcanti, T., Hasna, Z., Santos, C.

The Economic Journal

Professor Tiago Cavalcanti

Latin American Journal of Central Banking

2024

Dec 01

The Information Content of Conflict, Social Unrest and Policy Uncertainty Measures for Macroeconomic Forecasting

Diakonova, M., Molina, L., Mueller, H., Pérez, J. J. and Rauh, C.

Latin American Journal of Central Banking

Variable Selection in High Dimensional Linear Regressions with Parameter Instability

2024

Nov 28

Chudik, A., Pesaran, M. H. and Sharifvaghe, M.

Journal of Econometrics

Integrability and Identification in Multinomial Choice Models

2024

Nov 26

Bhattacharya, D.

Journal of Economic Theory

Professor Debopam Bhattacharya

2024

Nov 07

Labor Market Returns to Personality: A Job Search Approach to Understanding Gender Gaps

Flinn, C., Todd, P. E. and Zhang, W.

Journal of Political Economy

Evolution vs. Creationism in the Classroom: The Lasting Effects of Science Education

2024

Nov 01

Arold, B. W.

The Quarterly Journal of Economics

Dr Benjamin Arold

2024

Nov 01

To Cut or Not to Cut: Deforestation Policy Under the Shadow of Foreign Influence

Aidt, T. S., Albornoz, F. and Hauk, E.

Identifying and Exploiting Alpha in Linear Asset Pricing Models with Strong, Semi-Strong, and Latent Factors

2024

Oct 16

Pesaran, M. H. and Smith, R. P.

Journal of Financial Econometrics

High-Dimensional Forecasting with Known Knowns and Known Unknowns

2024

Oct 16

Pesaran, M. H., Smith, R. P.

National Institute Economic Review

Projections of Socioeconomic Costs for Individuals with Dementia in China 2020–2050: Modeling Study

2024

Oct 08

Wu, Y., Liu, Y., Liu, Y., Chen, Y., Lobanov-Rostovsky, S., Zhang, Y., Liu, Y., Brunner, E. J., French, E., Liao, J.

Journal of Alzheimer's Disease

Prospering through Prospera: A Dynamic Model of CCT Impacts on Educational Attainment and Achievement in Mexico

2024

Oct 06

Behrman, J. R., Parker, S. W., Todd, P. E. and Zhang, W.

Quantitative Economics

Political Consequences of Consumer Debt Relief

2024

Oct 01

Aidt, T. S., Asatryan, Z. and Badalyan, L.

Sticky Prices or Sticky Wages? An Equivalence Result

2024

Oct 01

Bilbiie, F. O. and Trabandt, M.

The Neural Dynamics Associated with Computational Complexity

Professor Florin Bilbiie

2024

Sep 23

Franco, J. P., Bossaerts, P. and Murawski, C.

PLOS Computational Biology

Changing Families: Family Relationships, Parental Decisions and Child Development

2024

Sep 02

Chan, M. and Liu, K.

Journal of Labor Economics

Dr Kai Liu

2024

Sep 01

Clubs and Networks

Ding, S., Dziubinski, M. and Goyal, S.

Games and Economic Behavior

Professor Sanjeev Goyal

2024

Sep 01

Health Insurance, Agricultural Production and Investments

Liu, K., Prommawin, B. and Schroyen, F.

Journal of Health Economics

Dr Kai Liu

The Lancet Regional Health - Western Pacific

2024

Sep 01

Projection for Dementia Burden in China to 2050: A Macro-Simulation Study by Scenarios of Dementia Incidence Trends

Liu, Y., Wu, Y., Chen, Y., Lobanov-Rostovsky, S., Liu, Y., Zeng, M., Bandosz, P., Xu, D. R., Wang, X., Liu, Y., Hao, Y., French, E., Brunner, E. J., Liao, J.

The Lancet Regional Health - Western Pacific

The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach

2024

Aug 22

Gu, R., Peng, C. and Zhang, W.

Review of Financial Studies

Heterogeneous Autoregressions in Short T Panel Data Models

2024

Aug 09

Pesaran, M. H. and Yang, L.

Journal of Applied Econometrics

Spin Glass to Paramagnetic Transition and Triple Point in Spherical SK Model

2024

Aug 08

Johnstone, I. M., Klochkov, Y., Onatski, A. and Pavlyshyn, D.

Journal of Statistical Physics

Professor Alexey Onatskiy

2024

Aug 05

Decentralized Pure Exchange Processes on Networks

Cassese, D. and Pin, P.

Social Choice and Welfare

Dr Daniele Cassese

2024

Aug 01

Marginal Curtailment of Wind and Solar PV: Transmission Constraints, Pricing and Access Regimes for Efficient Investment

Newbery, D. M. and Biggar, D. R.

Energy Policy

Professor David Newbery

2024

Aug 01

Contacts, Altruism and Competing Externalities

Toxvaerd, F.M.O.

Professor Flavio Toxvaerd

Journal of Risk and Financial Management

2024

Jul 25

Are Regulatory Short Sale Data a Profitable Predictor of UK Stock Returns?

Ashby, M.

Journal of Risk and Financial Management

Michael Ashby

2024

Jul 23

News Diffusion in Social Networks and Stock Market Reactions

Hirshleifer, D., Peng, L., Wang, Q.

Review of Financial Studies

2024

Jul 23

Unleashing the Crowd: the Effect of Social Networks in Crowdfunding Markets

Peng, L., Zhang, L.

Management Science

2022

2024

Jul 01

Finance as an (Ever More Fragile) ‘Perpetual Mania’: Have They all Lost Their Collective Minds? How the New Alchemists Distorted Kindleberger’s Financial-Crisis Cycle, and How the Abundance of Easy Rents Led to Lazy Elites

Palma, J. G.

Cambridge Journal of Economics

Humans in Charge of Trading Robots: The First Experiment

2024

Jul 01

Asparouhova, E., Bossaerts, P., Cai, X., Rotaru, K., Yadav, N. and Yang, W.

Review of Finance

Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix

2024

Jun 17

Bilbiie, F. O., Monacelli, T. and Perotti, R.

Journal of Monetary Economics

Professor Florin Bilbiie

2024

Jun 10

The Impact of a Large Depreciation on the Cost of Living of Rich and Poor Consumers

Colicev, A., Hoste, J. and Konings, J.

International Economic Review

Dr Joris Hoste

2024

Jun 02

Debt Moratoria: Evidence from Student Loan Forbearance

Dinerstein, M., Yannelis, C., Chen, C-T.

American Economic Review: Insights

What Went Wrong with Federal Student Loans?

2024

May 09

Yannelis, C., Looney, A.

Journal of Economic Perspectives

Distributional Effects of Local Minimum Wages: A Spatial Job Search Approach

2024

May 07

Zhang, W. and Todd, P. E.

Journal of Labor Economics

The Hidden Toll of the Pandemic: Excess Mortality in non-COVID-19 Hospital Patients

2024

Apr 20

Fetzer, T., Rauh, C. and Schreiner, C.

Journal of Health Economics

Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes”

2024

Apr 01

Gupta, A., Howell, S. T., Yannelis, C., Gupta, A.

Review of Financial Studies

Introducing a Global Dataset on Conflict Forecasts and News Topics

2024

Mar 25

Mueller, H., Rauh, C. and Seimon, B.

Data & Policy

Costly Information Acquisition in Decentralized Markets: Experimental Evidence

2024

Mar 15

Asparouhova, E., Bossaerts, P. and Yang, W.

Management Science

Resource Allocation, Computational Complexity, and Market Design

Journal of Behavioral and Experimental Finance

2024

Mar 15

Bossaerts, P., Bowman, E., Fattinger, F., Huang, H., Lee, M., Murawski, C., Suthakar, A., Tang, S. and Yadav, N.

Journal of Behavioral and Experimental Finance

Inferring Trade-Offs in University Admissions: Evidence from Cambridge

2024

Mar 14

Bhattacharya, D. and Shvets, J.

Journal of Political Economy

Dr Julia Shvets, Professor Debopam Bhattacharya

2024

Mar 01

Price Formation in Field Prediction Markets: The Wisdom in the Crowd

Bossaerts, F., Yadav, N., Bossaerts, P., Nash, C., Todd, T., Rudolf, T., Hutchins, R., Ponsonby, A-L. and Mattingly, K.

Journal of Financial Markets

Do Consumption-Based Asset Pricing Models Explain the Dynamics of Stock Market Returns?

2024

Feb 11

Ashby, M. and Linton, O. B.

Journal of Risk and Financial Management

Professor Oliver Linton, Michael Ashby

2024

Feb 09

Incorporating Social Welfare in Program-Evaluation and Treatment Choice

Bhattacharya, D. and Komarova, T.

Professor Debopam Bhattacharya

2024

Feb 09

Does Competition Increase Pass-Through?

Ritz, R. A.

The RAND Journal of Economics

2024

Feb 01

Renewable Electricity Contracts: Lessons from European Experience

Kröger, M. and Newbery, D. M.

Papeles de Energia

Professor David Newbery

2023

2024

Jan 31

Religion, Covid-19 and Mental Health

Bahal, G., Iyer, S., Shastry, K., and Shrivastava, A.

Professor Sriya Iyer, Kishen Shastry

2024

Jan 23

Building Bridges to Peace: A Quantitative Evaluation of Power-Sharing Agreements

Mueller, H. and Rauh, C.

Economic Policy

Strategic Consensus and Heterogenous Voters When Voter Turnout is Uncertain

2024

Jan 09

Aidt, T. S. and Dutta, J.

Public Finance and Management

The Effect of Disability Insurance Receipt on Mortality

2024

Jan 01

Black, B., French, E., McCauley, J., Song, J.

Journal of Public Economics

Debt Crises, Fast and Slow

Journal of the European Economic Association

2023

Dec 28

Corsetti, G. and Maeng, S. H.

Journal of the European Economic Association

Professor Giancarlo Corsetti

2023

Dec 18

Do Fossil Fuel Firms Reframe Online Climate and Sustainability Communication? A Data-Driven Analysis

Debnath, R., Ebanks, D., Mohaddes, K., Roulet, T. and Alvarez, R. M.

npj Climate Action

2023

Dec 15

On the Black-White Gaps in Labor Supply and Earnings over the Lifecycle in the US

Rauh, C. and Valladares-Esteban, A.

Review of Economic Dynamics

Social distancing in networks: A web-based interactive experiment

Journal of Behavioral and Experimental Economics

2023

Dec 01

Gallo, E., Barak, D. and Langtry, A.

Journal of Behavioral and Experimental Economics

Dr Edoardo Gallo

2023

Dec 01

Downward Dementia Trend goes into Reverse in England and Wales? English Longitudinal Study of Ageing 2002 to 2019

Chen, Y., Bandosz, P., Stoye, G., Liu, Y., Lobanov-Rostovsky, S., French, E., Liao, J., Brunner, E. J.

Innovation in Aging

Competition and Selection in Credit Markets

2023

Nov 30

Yannelis, C., Zhang, A. L.

Journal of Financial Economics

Efficiency and Equilibrium in Network Games: An Experiment

2023

Nov 17

Gallo, E. and Yan, C.

Household Behavior (Consumption, Credit and Investments) During the COVID-19 Pandemic

Dr Edoardo Gallo

2023

Nov 15

Yannelis, C., Amato, L.

Annual Review of Financial Economics

Labour, More or Less? Policy Reasoning in a Fiscal Register

The British Journal of Politics and International Relations

2024

2023

Nov 13

Sloman, P.

The British Journal of Politics and International Relations

2023

Nov 03

Pooled Bewley Estimator of Long Run Relationships in Dynamic Heterogenous Panels

Chudik, A., Pesaran, M. H. and Smith, R. P.

Econometrics and Statistics

Dementia incidence trend in England and Wales, 2002–19, and projection for dementia burden to 2040: analysis of data from the English Longitudinal Study of Ageing

2023

Nov 01

Chen, Y., Bandosz, P., Stoye, G., Liu, Y., Wu, Y., Lobanov-Rostovsky, S., French, E., Kivimaki, M., Livingston, G., Liao, J., Brunner, E. J.

The Lancet Public Health

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

2023

Nov 01

Baker, S. R., Farrokhnia, R. A., Meyer, S., Pagel, M., Yannelis, C.

Review of Finance

Building an Alliance to Map Global Supply Networks

2023

Oct 19

Pichler, A., Diem, C., Brintrup, A., Lafond, F., Magerman, G., Buiren, G., Choi, T., Carvalho, V. M., Farmer, J. and Thurner, S.

Science

Professor Vasco Carvalho

2013

2023

Oct 15

Ethical naturalism and forms of relativism

Lawson, T.

Society

Professor Tony Lawson

2023

Oct 11

Emotional Engagement and Trading Performance

Bossaerts, P., Fattinger, F., Rotaru, K. and Xu, K.

Management Science