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A. Craig Burnside

Mary Grace Wilson Distinguished Professor
Economics
Box 90097, Durham, NC 27708-0097
221 Social Sciences, Box 90097, Durham, NC 27708

Overview


Burnside’s fields of specialization include macroeconomics and international finance. His recent research focuses on foreign exchange markets, empirical methods in finance, and the behavior of prices in housing markets.

He has published articles in a number of academic journals, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, and the Review of Financial Studies.

He is a Research Associate of the National Bureau of Economic Research, and was previously a member of the Board of Editors of the American Economic Review (2001-06, 2011-20), Associate Editor for the Review of Economics and Statistics (2012-15), co-editor of the Canadian Journal of Economics (2007-10), and Associate Editor for the Journal of Money Credit and Banking (2003-11).

Current Appointments & Affiliations


Mary Grace Wilson Distinguished Professor · 2018 - Present Economics, Trinity College of Arts & Sciences
Professor of Economics · 2004 - Present Economics, Trinity College of Arts & Sciences

In the News


Published June 27, 2016
News Tip: ‘UnBrexit’ Could Give UK ‘Bargaining Power’ with EU, Says One Expert; Vote Raises Risk of Global Recession, Says Another
Published July 30, 2015
Orientation, Math Camp Begins for First-Year Economics Ph.D. Students
Published July 6, 2015
Econ Chair Craig Burnside on the Department's Goals

View All News

Recent Publications


Foreign Exchange Order Flow as a Risk Factor

Journal Article Journal of Financial and Quantitative Analysis · August 1, 2025 We propose a novel pricing factor for currency returns motivated by the market microstructure literature. Our factor aggregates order flow data to provide a measure of buying and selling pressure related to conventional currency trading strategies. It succ ... Full text Cite

On the Asset Market View of Exchange Rates

Journal Article Review of Financial Studies · January 31, 2019 Open Access Cite

Currency Crises Models

Chapter · January 1, 2018 Currency crises have occurred frequently in the post-war era. In this article we review the literature on the causes and consequences of currency crises. First- generation models attribute a central role to fiscal policy as a fundamental determinant of cri ... Full text Cite
View All Publications

Education, Training & Certifications


Northwestern University · 1991 Ph.D.
Northwestern University · 1990 M.A.
University of British Columbia (Canada) · 1985 B.A.

External Links


Personal Website