|Associate Professor in Economics in the Business School||MHL 179||+44 (0) 191 33 47244|
Xiaoshan holds a PhD in Economics from Loughborough University. Prior to joining Durham University, she worked as a lecturer at the University of Stirling and as a ESRC postdoctoral fellow at the University of Glasgow. She undertakes research in the area of Macroeconomics and International Economics. Specifically, her research currently focuses on New Keynesian Macroeconomics, using micro-founded models to analyse monetary policy transmission, monetary policy switching, and monetary policy delegation schemes. She also utilises pure data driven approaches to analyse and forecast exchange rate movements, and the linkages between asset prices and the business cycle.
"US Monetary and Fiscal Policy - Conflict or Cooperation?" and online appendix (with Eric Leeper and Campbell Leith), NBER Working Paper No. 27540.
"Debt Sustainability and Welfare along an Optimal Laffer Curve" and online appendix (with Mattia Ricci and Campbell Leith)
Prior to joining Durham University Business School in January 2015, Xiaoshan was a lecturer in Economics at the University of Stirling, and an ESRC postdoctoral fellow at the University of Glasgow.
- Monetary Economics
- International Economics
- Exchange Rates
- Chen, X. Leeper, E. M. & Leith, C. (2021). Strategic Interactions in U.S. Monetary and Fiscal Policies. Quantitative Economics
- Chen, X., Kirsanova, T. & Leith, C. (2017). How Optimal is US Monetary Policy? Journal of Monetary Economics 92: 96-111.
- Chen, X., Kirsanova, T. & Leith, C. (2017). An empirical assessment of Optimal Monetary Policy in the Euro area. European Economic Review 100: 95-115.
- Chen, X. & MacDonald, R. (2015). Measuring the dollar-euro permanent equilibrium exchange rate using the unobserved components model. Journal of International Money and Finance 53: 20-35.
- Chen, X., Kontonikas, A. & Montagnoli, A. (2012). Asset Prices, Credit and Business Cycles. Economics Letters 117(3): 857-861.
- Chen, X. & MacDonald, R. (2012). Realized and Optimal Monetary Policy Rules in an Estimated Markov-Switching DSGE Model of the United Kingdom. Journal of Money, Credit and Banking 44(6): 1091-1116.
- Chen, X. & Mills, T.C. (2012). Measuring the Euro Area Output Gap using Multivariate Unobserved Components Model Containing Phase Shifts. Empirical Economics 43(2): 671-692.
- Chen, X. & Mills, T.C. (2009). Evaluating growth cycle synchronisation in the EU. Economic Modelling 26(2): 342-351.
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