Austin MacDonald, PhD

Austin MacDonald is an economist specializing in financial markets, macro-finance, and econometrics. His research lies at the intersection of asset pricing and behavioral finance, examining how asset managers are influenced by the portfolio allocations of their peers and competitors.  He holds a Ph.D. in Economics from The City University of New York, where he was a recipient of the NSF Graduate Research Fellowship.  Earlier in his career, he worked for the Treasury of Mexico in the Debt Management Office, focusing on public debt financing and sustainability.

Education

• PhD, Economics, City University of New York  
• MA, Economics, City University of New York  
• BA, Economics, Instituto Tecnológico Autónomo de México

Research

Working papers

• Are Investors Influenced by Other Investors? A Quantity-based Approach for U.S. Institutional Holdings  
• Selecting Firm-level Characteristics for Return Prediction using Machine Learning

Teaching

Current

• Financial Risk Management
• Investments