Scholars@Duke

• Background
• 

  Education, Training, & Certifications

  • Ph.D., Northwestern University 2009
  • M.A., Northwestern University 2005
• 

  Previous Appointments & Affiliations

  • Associate Professor of Economics, Economics, Trinity College of Arts & Sciences 2018 - 2022
  • Assistant Professor of Economics, Economics, Trinity College of Arts & Sciences 2009 - 2018
• Recognition
• 

  Awards & Honors

  • Researcher (NBER Family Members). National Bureau of Economic Research. 2013
• Research
• 

  Selected Grants

  • Cognitively Costly Decision Making by Economic Agents: Micro and Macro Implications awarded by  National Science Foundation 2018 - 2022
  • Ambiguity, Business Cycle Dynamics and Optimal Policy awarded by  National Science Foundation 2013 - 2015
• Publications & Artistic Works
• 

  Selected Publications

  • Academic Articles

    • Ilut, C., M. Kehrig, and M. Schneider. “Slow to hire, quick to fire: Employment dynamics with asymmetric responses to news.” Journal of Political Economy 126, no. 5 (October 1, 2018): 2011–71. https://doi.org/10.1086/699189.
       Full Text  Open Access Copy
    • Ilut, C. L., and P. Benczur. “Evidence for Relational Contracts in Sovereign Bank Lending.” Journal of the European Economic Association 13, no. 2 (September 29, 2015).
       Link to Item
    • Ilut, C. L. “Comment on "Risk and ambiguity in models of business cycles" by David Backus, Axelle Ferriere and Stanley Zin.” Journal of Monetary Economics 69 (January 1, 2015): 64–69. https://doi.org/10.1016/j.jmoneco.2014.11.006.
       Full Text
    • Ilut, C. L., and M. Schneider. “Ambiguous Business Cycles.” American Economic Review 104, no. 8 (August 2014): 2368–99. https://doi.org/10.1257/aer.104.8.2368.
       Full Text  Open Access Copy

  • Book Sections

    • Ilut, C., and M. Schneider. “Ambiguity.” In Handbook of Economic Expectations, 749–77, 2022. https://doi.org/10.1016/B978-0-12-822927-9.00033-1.
       Full Text

  • Other Articles

    • Bianchi, F., and C. L. Ilut. “Monetary/Fiscal Policy Mix and Agents’ Beliefs.” Economic Research Initiatives at Duke (Erid) Working Paper, May 1, 2014.

  • Scholarly Editions

    • Ilut, C., and H. Saijo. “Learning, confidence, and business cycles,” January 1, 2021. https://doi.org/10.1016/j.jmoneco.2020.01.010.
       Full Text
    • Ilut, C., R. Valchev, and N. Vincent. “Paralyzed by Fear: Rigid and Discrete Pricing Under Demand Uncertainty,” September 1, 2020. https://doi.org/10.3982/ECTA14234.
       Full Text
    • Bianchi, Francesco, Cosmin L. Ilut, and Martin Schneider. “Uncertainty Shocks, Asset Supply and Pricing Over the Business Cycle,” April 2017.
    • Ilut, C. “Ambiguity aversion: Implications for the uncovered interest rate parity puzzle,” July 1, 2012. https://doi.org/10.1257/mac.4.3.33.
       Full Text
    • Christiano, Lawrence J., Cosmin L. Ilut, Roberto Motto, and Massimo Rostagno. “Monetary Policy and Stock Market Booms,” September 24, 2010.
• Teaching & Mentoring
• 

  Recent Courses

  • ECON 702D: Macroeconomic Analysis I 2023
  • ECON 882: Special Topics in Macro International Finance 2023
  • ECON 702D: Macroeconomic Analysis I 2022
  • ECON 882: Special Topics in Macro International Finance 2022
  • ECON 702D: Macroeconomic Analysis I 2021
  • ECON 882: Special Topics in Macro International Finance 2021

Some information on this profile has been compiled automatically from Duke databases and external sources. (Our About page explains how this works.) If you see a problem with the information, please write to Scholars@Duke and let us know. We will reply promptly.