A. Craig Burnside

Duke University - Department of Economics

213 Social Sciences Building

Box 90097

Durham, NC 27708-0204

United States

University of Glasgow - Department of Economics

Adam Smith Building

Glasgow, Scotland G12 8RT

United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

35

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11,298

CITATIONS
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Top 223

in Total Papers Citations

1,596

Scholarly Papers (35)

1.

Aid, Policies, and Growth

World Bank Policy Research Working Paper No. 569252
Number of pages: 54 Posted: 20 Apr 2016
A. Craig Burnside and David Dollar
Duke University - Department of Economics and World Bank - Development Economics Group (DEC)
Downloads 5,547 (1,148)
Citation 347

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2.

Aid, Policies, and Growth: Revisiting the Evidence

World Bank Policy Research Working Paper No. 3251
Number of pages: 36 Posted: 20 Apr 2016
A. Craig Burnside and David Dollar
Duke University - Department of Economics and World Bank - Development Economics Group (DEC)
Downloads 1,434 (11,569)
Citation 345

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3.
Downloads 1,080 ( 17,963)
Citation 17

Investor Overconfidence and the Forward Premium Puzzle

Number of pages: 58 Posted: 27 Mar 2008 Last Revised: 31 Mar 2010
A. Craig Burnside, Bing Han, David A. Hirshleifer and Tracy Yue Wang
Duke University - Department of Economics, University of Toronto, Rotman School of Management, University of California, Irvine - Paul Merage School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 846 (25,335)
Citation 17

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investor overconfidence, forward discount puzzle, inflation differential, exchange rate overshooting, market efficiency, Purchasing Power Parity

Investor Overconfidence and the Forward Premium Puzzle

Economic Research Initiatives at Duke (ERID) Working Paper No. 47, McCombs Research Paper Series No. FIN-03-10
Number of pages: 61 Posted: 27 Apr 2010 Last Revised: 08 Oct 2010
A. Craig Burnside, Bing Han, David A. Hirshleifer and Tracy Yue Wang
Duke University - Department of Economics, University of Toronto, Rotman School of Management, University of California, Irvine - Paul Merage School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 204 (140,271)
Citation 17

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Investor Overconfidence and the Forward Premium Puzzle

NBER Working Paper No. w15866
Number of pages: 61 Posted: 05 Apr 2010 Last Revised: 15 Oct 2010
A. Craig Burnside, Bing Han, David A. Hirshleifer and Tracy Yue Wang
Duke University - Department of Economics, University of Toronto, Rotman School of Management, University of California, Irvine - Paul Merage School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 30 (453,571)
Citation 17

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Do Peso Problems Explain the Returns to the Carry Trade?

Economics Research Initiatives at Duke (ERID) Working Paper No. 45
Number of pages: 82 Posted: 27 Apr 2010
Duke University - Department of Economics, Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 349 (79,427)
Citation 61

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Do Peso Problems Explain the Returns to the Carry Trade?

NBER Working Paper No. w14054
Number of pages: 57 Posted: 09 Jun 2008 Last Revised: 01 Oct 2010
Duke University - Department of Economics, Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 67 (322,663)
Citation 61

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Do Peso Problems Explain the Returns to the Carry Trade?

CEPR Discussion Paper No. DP6873
Number of pages: 74 Posted: 20 Aug 2008
Duke University - Department of Economics, Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 5 (602,923)
Citation 61
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carry trade, exchange rates, Uncovered interest parity

Hedging and Financial Fragility in Fixed Exchange Rate Regimes

FRB Chicago Working Paper No. #
Number of pages: 58 Posted: 09 Jun 1999
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 363 (75,907)
Citation 77

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Hedging and Financial Fragility in Fixed Exchange Rate Regimes

NBER Working Paper No. w7143
Number of pages: 59 Posted: 05 Sep 2000 Last Revised: 12 Oct 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 32 (443,952)
Citation 77

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6.

Aid, the Incentive Regime, and Poverty Reduction

World Bank Policy Research Working Paper No. 1937
Number of pages: 21 Posted: 20 Apr 2016
David Dollar and A. Craig Burnside
World Bank - Development Economics Group (DEC) and Duke University - Department of Economics
Downloads 308 (92,246)
Citation 13

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7.
Downloads 248 (116,148)
Citation 72

The Returns to Currency Speculation

NBER Working Paper No. w12489
Number of pages: 61 Posted: 01 Dec 2006 Last Revised: 18 Aug 2010
Duke University - Department of Economics, Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 197 (145,060)
Citation 72

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The Returns to Currency Speculation

CEPR Discussion Paper No. 5883
Number of pages: 59 Posted: 28 Dec 2006
Duke University - Department of Economics, Northwestern University, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 51 (370,176)
Citation 72
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8.
Downloads 218 (132,011)
Citation 8

On the Fiscal Implications of Twin Crises

FRB of Chicago Working Paper No. 2001-02
Number of pages: 40 Posted: 22 May 2001
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 169 (166,898)
Citation 8

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Currency Crisis, Banking Crisis, Speculative ATtacks, Seignorage, Fiscal Reform, Bailouts

On the Fiscal Implications of Twin Crises

NBER Working Paper No. w8277
Number of pages: 40 Posted: 05 May 2001 Last Revised: 22 Oct 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 28 (463,850)
Citation 8

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On the Fiscal Implications of Twin Crises

CEPR Discussion Paper No. 2918
Number of pages: 42 Posted: 23 Aug 2001
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 21 (504,525)
Citation 8
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Bailouts, banking crisis, currency crisis, fiscal reform, seignorage, speculative attacks

Exchange Rate Determination, Risk Sharing and the Asset Market View

AFA 2013 San Diego Meetings Paper, Economic Research Initiatives at Duke (ERID) Working Paper No. 139
Number of pages: 49 Posted: 16 Mar 2012 Last Revised: 30 Jan 2013
A. Craig Burnside and Jeremy J. Graveline
Duke University - Department of Economics and University of Minnesota - Carlson School of Management
Downloads 210 (136,408)
Citation 1

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exchange rates, marginal utility, no arbitrage, stochastic discount factors

On the Asset Market View of Exchange Rates

NBER Working Paper No. w18646
Number of pages: 41 Posted: 22 Dec 2012
A. Craig Burnside and Jeremy J. Graveline
Duke University - Department of Economics and University of Minnesota - Carlson School of Management
Downloads 7 (590,615)
Citation 1

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The Cross-Section of Foreign Currency Risk Premia and Consumption Growth Risk: A Comment

Duke Department of Economics Research Paper No. 44
Number of pages: 41 Posted: 27 Apr 2010
A. Craig Burnside
Duke University - Department of Economics
Downloads 138 (198,056)
Citation 21

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The Forward Premium is Still a Puzzle

NBER Working Paper No. w13129
Number of pages: 36 Posted: 27 Jun 2007 Last Revised: 26 Jul 2007
A. Craig Burnside
Duke University - Department of Economics
Downloads 71 (312,486)
Citation 21

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11.
Downloads 149 (185,495)
Citation 9

Government Finance in the Wake of Currency Crises

Number of pages: 65 Posted: 16 Jun 2003
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 103 (247,166)
Citation 9

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Currency crisis, banking crisis, speculative attacks, seigniorage, fiscal reform, bailouts

Government Finance in the Wake of Currency Crises

NBER Working Paper No. w9786
Number of pages: 66 Posted: 23 Jun 2003 Last Revised: 04 Nov 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 27 (469,160)
Citation 9

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Government Finance in the Wake of Currency Crises

CEPR Discussion Paper No. 3939
Number of pages: 68 Posted: 08 Aug 2003
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 19 (516,750)
Citation 9
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Currency crisis, banking crisis, speculative attacks, seigniorage, fiscal reform, bailouts

Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors

Number of pages: 102 Posted: 25 Mar 2008
A. Craig Burnside
Duke University - Department of Economics
Downloads 55 (357,183)
Citation 7

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linear factor models, spurious factors, normalizations, consumption-based asset pricing, GMM

Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors

Duke Department of Economics Research Paper No. 46
Number of pages: 70 Posted: 27 Apr 2010 Last Revised: 23 Aug 2010
A. Craig Burnside
Duke University - Department of Economics
Downloads 50 (373,506)
Citation 7

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Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors

NBER Working Paper No. w13357
Number of pages: 69 Posted: 27 Aug 2007
A. Craig Burnside
Duke University - Department of Economics
Downloads 20 (510,623)
Citation 7

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13.

Prospective Deficits and the Asian Currency Crises

World Bank Policy Research Working Paper No. 2174, FRB Chicago Working Paper No. 1998-05
Number of pages: 51 Posted: 06 Jan 2005
Sergio T. Rebelo, Martin Eichenbaum and A. Craig Burnside
Northwestern University - Kellogg School of Management, Northwestern University and Duke University - Department of Economics
Downloads 124 (214,867)
Citation 87

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14.
Downloads 98 (254,069)
Citation 13

Carry Trade and Momentum in Currency Markets

NBER Working Paper No. w16942
Number of pages: 44 Posted: 11 Apr 2011
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 94 (263,010)
Citation 13

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Carry Trade and Momentum in Currency Markets

CEPR Discussion Paper No. DP8343
Number of pages: 46 Posted: 20 Apr 2011
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 4 (609,440)
Citation 13
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Exchange rates, forward rates, uncovered interest parity

Carry Trade and Momentum in Currency Markets

Annual Review of Financial Economics, Vol. 3, pp. 511-535, 2011
Posted: 10 Jan 2012
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management

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The Returns to Currency Speculation in Emerging Markets

NBER Working Paper No. w12916
Number of pages: 12 Posted: 23 Feb 2007
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 76 (300,388)
Citation 32

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The Returns to Currency Speculation in Emerging Markets

CEPR Discussion Paper No. DP6148
Number of pages: 14 Posted: 19 May 2008
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 3 (616,922)
Citation 29
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Carry trade, exchange rate, uncovered interest parity

16.
Downloads 76 (297,358)
Citation 22

Understanding Booms and Busts in Housing Markets

NBER Working Paper No. w16734
Number of pages: 69 Posted: 31 Jan 2011
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 39 (413,691)
Citation 22

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Understanding Booms and Busts in Housing Markets

FRB Atlanta CQER Working Paper No. 12-02
Number of pages: 57 Posted: 22 Mar 2015
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 30 (453,571)
Citation 22

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housing prices, real estate, social dynamics

Understanding Booms and Busts in Housing Markets

CEPR Discussion Paper No. DP8232
Number of pages: 59 Posted: 09 Feb 2011
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 7 (590,615)
Citation 22
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housing prices, real estate

17.

On the Fundamentals of Self-Fulfilling Speculative Attacks

NBER Working Paper No. w7554
Number of pages: 48 Posted: 18 Feb 2000 Last Revised: 16 Oct 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 62 (331,803)
Citation 9

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Understanding the Forward Premium Puzzle: A Microstructure Approach

NBER Working Paper No. w13278
Number of pages: 31 Posted: 23 Jul 2007 Last Revised: 05 Oct 2007
Martin Eichenbaum, A. Craig Burnside and Sergio T. Rebelo
Northwestern University, Duke University - Department of Economics and Northwestern University - Kellogg School of Management
Downloads 44 (394,515)
Citation 22

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Understanding the Forward Premium Puzzle: A Microstructure Approach

CEPR Discussion Paper No. DP6399
Number of pages: 33 Posted: 30 May 2008
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 6 (596,727)
Citation 22
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Exchange rates, microstructure, Uncovered interest parity

19.

Carry Trades and Risk

NBER Working Paper No. w17278
Number of pages: 38 Posted: 08 Aug 2011
A. Craig Burnside
Duke University - Department of Economics
Downloads 45 (383,779)
Citation 7

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20.

Fiscal Shocks and Their Consequences

NBER Working Paper No. w9772
Number of pages: 45 Posted: 15 Jun 2003 Last Revised: 03 Nov 2010
A. Craig Burnside, Martin Eichenbaum and Jonas D. M. Fisher
Duke University - Department of Economics, Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 45 (383,779)
Citation 76

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21.

Foreign Exchange Order Flow as a Risk Factor

Economic Research Initiatives at Duke (ERID) Working Paper No. 276
Number of pages: 40 Posted: 01 Nov 2018
A. Craig Burnside, Mario Cerrato and Zhekai Zhang
Duke University - Department of Economics, University of Glasgow and University of Glasgow
Downloads 42 (401,463)

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22.

Hiccups for Hipcs?

NBER Working Paper No. w10903
Number of pages: 42 Posted: 02 Dec 2004
A. Craig Burnside and Domenico Fanizza
Duke University - Department of Economics and International Monetary Fund (IMF) - Middle East and Central Asia Department
Downloads 41 (397,768)
Citation 6

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23.

Labor Hoarding and the Business Cycle

NBER Working Paper No. w3556
Number of pages: 52 Posted: 17 Oct 2007 Last Revised: 21 Sep 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 33 (429,146)
Citation 51

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24.

Factor Hoarding and the Propagation of Business Cycles Shocks

NBER Working Paper No. w4675
Number of pages: 48 Posted: 29 Dec 2000
A. Craig Burnside and Martin Eichenbaum
Duke University - Department of Economics and Northwestern University
Downloads 32 (433,345)
Citation 60

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25.

The Equity Premium Puzzle

THE NEW PALGRAVE DICTIONARY OF MONEY AND FINANCE, pp. 771-773, Macmillan, 1992
Number of pages: 4 Posted: 07 Mar 2012 Last Revised: 06 Nov 2012
A. Craig Burnside and Thomas H. McCurdy
Duke University - Department of Economics and University of Toronto - Rotman School of Management
Downloads 31 (437,610)
Citation 1

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26.

Sectoral Solow Residuals

NBER Working Paper No. w5286
Number of pages: 13 Posted: 12 Jul 2000
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 31 (437,610)
Citation 18

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27.

Capital Utilization and Returns to Scale

NBER Working Paper No. w5125
Number of pages: 52 Posted: 14 Jul 2000 Last Revised: 30 Jul 2010
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 30 (442,188)
Citation 81

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Prospective Deficits and the Asian Currency Crisis

NBER Working Paper No. w6758
Number of pages: 54 Posted: 13 Jul 2000 Last Revised: 05 Jan 2002
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management
Downloads 29 (458,614)
Citation 95

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Prospective Deficits and the Asian Currency Crisis

Journal of Political Economy, Vol. 109, December 2001
Posted: 28 Jan 2002
A. Craig Burnside, Martin Eichenbaum and Sergio T. Rebelo
Duke University - Department of Economics, Northwestern University and Northwestern University - Kellogg School of Management

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29.

Small Sample Properties of Generalized Method of Moments Based Wald Tests

NBER Working Paper No. t0155
Number of pages: 50 Posted: 11 Jul 2000
A. Craig Burnside and Martin Eichenbaum
Duke University - Department of Economics and Northwestern University
Downloads 24 (472,043)
Citation 3

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30.

Fiscal Shocks in an Efficiency Wage Model

NBER Working Paper No. w7515
Number of pages: 23 Posted: 05 May 2000 Last Revised: 15 Oct 2010
A. Craig Burnside, Martin Eichenbaum and Jonas D. M. Fisher
Duke University - Department of Economics, Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 22 (482,802)
Citation 7

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Risk, Volatility, and the Global Cross-Section of Growth Rates

NBER Working Paper No. w15225
Number of pages: 45 Posted: 18 Aug 2009 Last Revised: 09 Aug 2010
A. Craig Burnside and Alexandra Tabova
Duke University - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 21 (504,525)
Citation 2

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Risk, Volatility, and the Global Cross-Section of Growth Rates

Duke Department of Economics Research Paper No. 43
Posted: 28 Apr 2010
Alexandra Tabova and A. Craig Burnside
Board of Governors of the Federal Reserve System and Duke University - Department of Economics

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Volatility, Growt, Growth Rate, Capital Flow, Low-Income Countries, Growth Discrepancies

32.

Identification and Inference in Linear Stochastic Discount Factor Models with Excess Returns

NBER Working Paper No. w16634
Posted: 27 Dec 2010
A. Craig Burnside
Duke University - Department of Economics
Downloads 18 (504,871)
Citation 2

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33.

Assessing the Effects of Fiscal Shocks

NBER Working Paper No. w7459
Number of pages: 45 Posted: 08 Aug 2012
A. Craig Burnside, Martin Eichenbaum and Jonas D. M. Fisher
Duke University - Department of Economics, Northwestern University and Federal Reserve Bank of Chicago - Economic Research Department
Downloads 14 (526,905)
Citation 22

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34.

Saving in Mexico: The National and International Experience

Economía Mexicana, VIII (2): 181-230. 1999.
Posted: 05 Oct 2017
A. Craig Burnside, Klaus Schmidt-Hebbel and Luis Servén
Duke University - Department of Economics, Pontifical Catholic University of Chile and World Bank - Development Research Group (DECRG)

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35.

Factor-Hoarding and the Propagation of Business-Cycle Shocks

AMERICAN ECONOMIC REVIEW, Vol. 86, No. 5, December 1996
Posted: 24 Feb 1997
A. Craig Burnside and Martin Eichenbaum
Duke University - Department of Economics and Northwestern University

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