Prof Craig Burnside

Professor Craig Burnside
  • Research Professor of Economics (Economics)

email: Craig.Burnside@glasgow.ac.uk


Research interests

  • Macroeconomics   
  • International Finance   
  • Financial Economics    

Biography

BA (Hons), University of British Columbia, 1985
PhD, Northwestern University, 1991

Professor, Duke University, 2004-
Professor, University of Virginia, 2002-04
Economist, Senior Economist & Lead Economist, World Bank, 1995-2002
Assistant Professor, University of Pittsburgh, 1992-95
Assistant Professor, Queen's University, 1990-92.

Research Associate, National Bureau of Economic Research

List all by: Type | Date

Jump to: 2012 | 2011 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2002 | 2001 | 2000 | 1998 | 1996 | 1994 | 1993
Number of items: 30.

2012

Burnside, C. (2012) Carry trades and risk. In: Sarno, L., James, J. and Marsh, I.W. (eds.) Handbook of Exchange Rates. Series: Wiley handbooks in financial engineering and econometrics . Wiley. ISBN 9780470768839

2011

Burnside, C. (2011) The cross section of foreign currency risk premia and consumption growth risk: comment. American Economic Review, 101 (7). pp. 3456-3476. ISSN 0002-8282 (doi:10.1257/aer.101.7.3456)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2011) Carry trade and momentum in currency markets. Annual Review of Financial Economics, 3 (1). pp. 511-535. ISSN 1941-1367 (doi:10.1146/annurev-financial-102710-144913)

Burnside, C., Han, B., Hirshleifer, D., and Wang, T.Y. (2011) Investor overconfidence and the forward premium puzzle. Review of Economic Studies, 78 (2). pp. 523-558. ISSN 0034-6527 (doi:10.1093/restud/rdq013)

Burnside, C., Eichenbaum, M., Kleshchelski, I., and Rebelo, S. (2011) Do peso problems explain the returns to the carry trade? Review of Financial Studies, 24 (3). pp. 853-891. ISSN 0893-9454 (doi:10.1093/rfs/hhq138)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2011) Understanding Booms and Busts in Housing Markets. Working Paper. National Bureau of Economic Research, Cambridge, MA.

2009

Burnside, C., Eichenbaum, M., and Rebelo, S. (2009) Understanding the forward premium puzzle: a microstructure approach. American Economic Journal: Macroeconomics, 1 (2). pp. 127-154. ISSN 1945-7707 (doi:10.1257/mac.1.2.127)

Burnside, C. (2009) Comment on "Carry trades and currency crashes". In: Acemoglu, D., Rogoff, K. and Woodford, M. (eds.) NBER Macroeconomics Annual 2008. University of Chicago Press, pp. 349-359.

2008

Burnside, C., Eichenbaum, M., and Rebelo, S. (2008) Carry trade: the gains of diversification. Journal of the European Economic Association, 6 (2-3). pp. 581-588. ISSN 1542-4766 (doi:10.1162/JEEA.2008.6.2-3.581)

2007

Burnside, C., Eichenbaum, M., and Rebelo, S. (2007) The returns to currency speculation in emerging markets. American Economic Review, 97 (2). pp. 333-338. ISSN 0002-8282 (doi:10.1257/aer.97.2.333)

2006

Burnside, C., Eichenbaum, M., and Rebelo, S. (2006) Government finance in the wake of currency crises. Journal of Monetary Economics, 53 (3). pp. 401-440. ISSN 0304-3932 (doi:10.1016/j.jmoneco.2005.03.012)

2005

Burnside, C., and Fanizza, D. (2005) Hiccups for HIPCs? Implications of debt relief for fiscal sustainability and monetary policy. Contributions to Macroeconomics, 5 (1). pp. 1-37. ISSN 1534-6005 (doi:10.2202/1534-6005.1133)

2004

Burnside, C., Eichenbaum, M., and Rebelo, S. (2004) Government guarantees and self-fulfilling speculative attacks. Journal of Economic Theory, 119 (1). pp. 31-63. ISSN 0022-0531 (doi:10.1016/j.jet.2003.06.002)

Burnside, C., and Dollar, D. (2004) Aid, policies, and growth: reply. American Economic Review, 94 (3). pp. 781-784. ISSN 0002-8282 (doi:10.1257/0002828041464524)

Burnside, C., Eichenbaum, M., and Fisher, J. (2004) Fiscal shocks and their consequences. Journal of Economic Theory, 115 (1). pp. 89-117. ISSN 0022-0531 (doi:10.1016/S0022-0531(03)00252-7)

Burnside, C. (2004) Currency crises and contingent liabilities. Journal of International Economics, 62 (1). pp. 25-52. ISSN 0022-1996 (doi:10.1016/j.jinteco.2003.07.003)

2002

Burnside, C. (2002) On contingent liabilities and the likelihood of fiscal crises. Comparative Economic Studies, 44 (1). pp. 1-14. ISSN 0888-7233 (doi:10.1057/ces.2002.2)

2001

Burnside, C., Eichenbaum, M., and Rebelo, S. (2001) Prospective deficits and the Asian currency crisis. Journal of Political Economy, 109 (6). pp. 1155-1197. ISSN 0022-3808 (doi:10.1086/323271)

Burnside, C. (2001) Hedging and financial fragility in fixed exchange rate regimes. European Economic Review, 45 (7). pp. 1151-1193. ISSN 0014-2921 (doi:10.1016/S0014-2921(01)00090-3)

2000

Burnside, C., and Dollar, D. (2000) Aid, policies, and growth. American Economic Review, 90 (4). pp. 847-868. ISSN 0002-8282 (doi:10.1257/aer.90.4.847)

1998

Burnside, C. (1998) Detrending and business cycle facts: a comment. Journal of Monetary Economics, 41 (3). pp. 513-532. ISSN 0304-3932 (doi:10.1016/S0304-3932(98)00007-5)

Burnside, C. (1998) Solving asset pricing models with Gaussian shocks. Journal of Economic Dynamics and Control, 22 (3). pp. 329-340. ISSN 0165-1889 (doi:10.1016/S0165-1889(97)00075-4)

1996

Burnside, C. (1996) Sectoral Solow residuals. European Economic Review, 40 (3-5). pp. 861-869. ISSN 0014-2921 (doi:10.1016/0014-2921(95)00095-X)

Burnside, C. (1996) Industry innovation: where and why - a comment. Carnegie-Rochester Conference Series on Public Policy, 44 . pp. 151-167. ISSN 0167-2231 (doi:10.1016/S0167-2231(96)90009-3)

Burnside, C. (1996) Production function regressions, returns to scale, and externalities. Journal of Monetary Economics, 37 (2). pp. 177-201. ISSN 0304-3932 (doi:10.1016/S0304-3932(96)90033-1)

Burnside, C., and Eichenbaum, M. (1996) Factor-hoarding and the propagation of business-cycle shocks. American Economic Review, 86 (5). pp. 1154-1174. ISSN 0002-8282

Burnside, C., and Eichenbaum, M. (1996) Small-sample properties of GMM-based Wald tests. Journal of Business and Economic Statistics, 14 (3). pp. 294-308. ISSN 0735-0015 (doi:10.2307/1392444)

1994

Burnside, C. (1994) Hansen-Jagannathan bounds as classical tests of asset-pricing models. Journal of Business and Economic Statistics, 12 (1). pp. 57-79. ISSN 0735-0015 (doi:10.2307/1391924)

1993

Burnside, C. (1993) Consistency of a method of moments estimator based on numerical solutions to asset pricing models. Econometric Theory, 9 (4). pp. 602-632. ISSN 0266-4666 (doi:10.1017/S0266466600008008)

Burnside, C., Eichenbaum, M., and Rebelo, S. (1993) Labor hoarding and the business cycle. Journal of Political Economy, 101 (2). pp. 245-273. ISSN 0022-3808

This list was generated on Wed May 22 10:08:52 2013 BST.
Number of items: 30.

Article

Burnside, C. (2011) The cross section of foreign currency risk premia and consumption growth risk: comment. American Economic Review, 101 (7). pp. 3456-3476. ISSN 0002-8282 (doi:10.1257/aer.101.7.3456)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2011) Carry trade and momentum in currency markets. Annual Review of Financial Economics, 3 (1). pp. 511-535. ISSN 1941-1367 (doi:10.1146/annurev-financial-102710-144913)

Burnside, C., Han, B., Hirshleifer, D., and Wang, T.Y. (2011) Investor overconfidence and the forward premium puzzle. Review of Economic Studies, 78 (2). pp. 523-558. ISSN 0034-6527 (doi:10.1093/restud/rdq013)

Burnside, C., Eichenbaum, M., Kleshchelski, I., and Rebelo, S. (2011) Do peso problems explain the returns to the carry trade? Review of Financial Studies, 24 (3). pp. 853-891. ISSN 0893-9454 (doi:10.1093/rfs/hhq138)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2009) Understanding the forward premium puzzle: a microstructure approach. American Economic Journal: Macroeconomics, 1 (2). pp. 127-154. ISSN 1945-7707 (doi:10.1257/mac.1.2.127)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2008) Carry trade: the gains of diversification. Journal of the European Economic Association, 6 (2-3). pp. 581-588. ISSN 1542-4766 (doi:10.1162/JEEA.2008.6.2-3.581)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2007) The returns to currency speculation in emerging markets. American Economic Review, 97 (2). pp. 333-338. ISSN 0002-8282 (doi:10.1257/aer.97.2.333)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2006) Government finance in the wake of currency crises. Journal of Monetary Economics, 53 (3). pp. 401-440. ISSN 0304-3932 (doi:10.1016/j.jmoneco.2005.03.012)

Burnside, C., and Fanizza, D. (2005) Hiccups for HIPCs? Implications of debt relief for fiscal sustainability and monetary policy. Contributions to Macroeconomics, 5 (1). pp. 1-37. ISSN 1534-6005 (doi:10.2202/1534-6005.1133)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2004) Government guarantees and self-fulfilling speculative attacks. Journal of Economic Theory, 119 (1). pp. 31-63. ISSN 0022-0531 (doi:10.1016/j.jet.2003.06.002)

Burnside, C., and Dollar, D. (2004) Aid, policies, and growth: reply. American Economic Review, 94 (3). pp. 781-784. ISSN 0002-8282 (doi:10.1257/0002828041464524)

Burnside, C., Eichenbaum, M., and Fisher, J. (2004) Fiscal shocks and their consequences. Journal of Economic Theory, 115 (1). pp. 89-117. ISSN 0022-0531 (doi:10.1016/S0022-0531(03)00252-7)

Burnside, C. (2004) Currency crises and contingent liabilities. Journal of International Economics, 62 (1). pp. 25-52. ISSN 0022-1996 (doi:10.1016/j.jinteco.2003.07.003)

Burnside, C. (2002) On contingent liabilities and the likelihood of fiscal crises. Comparative Economic Studies, 44 (1). pp. 1-14. ISSN 0888-7233 (doi:10.1057/ces.2002.2)

Burnside, C., Eichenbaum, M., and Rebelo, S. (2001) Prospective deficits and the Asian currency crisis. Journal of Political Economy, 109 (6). pp. 1155-1197. ISSN 0022-3808 (doi:10.1086/323271)

Burnside, C. (2001) Hedging and financial fragility in fixed exchange rate regimes. European Economic Review, 45 (7). pp. 1151-1193. ISSN 0014-2921 (doi:10.1016/S0014-2921(01)00090-3)

Burnside, C., and Dollar, D. (2000) Aid, policies, and growth. American Economic Review, 90 (4). pp. 847-868. ISSN 0002-8282 (doi:10.1257/aer.90.4.847)

Burnside, C. (1998) Detrending and business cycle facts: a comment. Journal of Monetary Economics, 41 (3). pp. 513-532. ISSN 0304-3932 (doi:10.1016/S0304-3932(98)00007-5)

Burnside, C. (1998) Solving asset pricing models with Gaussian shocks. Journal of Economic Dynamics and Control, 22 (3). pp. 329-340. ISSN 0165-1889 (doi:10.1016/S0165-1889(97)00075-4)

Burnside, C. (1996) Sectoral Solow residuals. European Economic Review, 40 (3-5). pp. 861-869. ISSN 0014-2921 (doi:10.1016/0014-2921(95)00095-X)

Burnside, C. (1996) Industry innovation: where and why - a comment. Carnegie-Rochester Conference Series on Public Policy, 44 . pp. 151-167. ISSN 0167-2231 (doi:10.1016/S0167-2231(96)90009-3)

Burnside, C. (1996) Production function regressions, returns to scale, and externalities. Journal of Monetary Economics, 37 (2). pp. 177-201. ISSN 0304-3932 (doi:10.1016/S0304-3932(96)90033-1)

Burnside, C., and Eichenbaum, M. (1996) Factor-hoarding and the propagation of business-cycle shocks. American Economic Review, 86 (5). pp. 1154-1174. ISSN 0002-8282

Burnside, C., and Eichenbaum, M. (1996) Small-sample properties of GMM-based Wald tests. Journal of Business and Economic Statistics, 14 (3). pp. 294-308. ISSN 0735-0015 (doi:10.2307/1392444)

Burnside, C. (1994) Hansen-Jagannathan bounds as classical tests of asset-pricing models. Journal of Business and Economic Statistics, 12 (1). pp. 57-79. ISSN 0735-0015 (doi:10.2307/1391924)

Burnside, C. (1993) Consistency of a method of moments estimator based on numerical solutions to asset pricing models. Econometric Theory, 9 (4). pp. 602-632. ISSN 0266-4666 (doi:10.1017/S0266466600008008)

Burnside, C., Eichenbaum, M., and Rebelo, S. (1993) Labor hoarding and the business cycle. Journal of Political Economy, 101 (2). pp. 245-273. ISSN 0022-3808

Book Section

Burnside, C. (2012) Carry trades and risk. In: Sarno, L., James, J. and Marsh, I.W. (eds.) Handbook of Exchange Rates. Series: Wiley handbooks in financial engineering and econometrics . Wiley. ISBN 9780470768839

Burnside, C. (2009) Comment on "Carry trades and currency crashes". In: Acemoglu, D., Rogoff, K. and Woodford, M. (eds.) NBER Macroeconomics Annual 2008. University of Chicago Press, pp. 349-359.

Research Report or Paper

Burnside, C., Eichenbaum, M., and Rebelo, S. (2011) Understanding Booms and Busts in Housing Markets. Working Paper. National Bureau of Economic Research, Cambridge, MA.

This list was generated on Wed May 22 10:08:52 2013 BST.
  • National Fellow, Hoover Institution, 1998-99
  • Board of Editors, American Economic Review (2001-06, 2011-)
  • Co-editor, Canadian Journal of Economics (2007-10)
  • Associate Editor, Review of Economics and Statistics (2012-)
  • Associate Editor, Journal of Money, Credit and Banking (2003-11)