Xavier Gabaix’s research interests include asset pricing, macroeconomics, behavioral economics, executive compensation and the origins and consequences of scaling behavior.
Recent research focuses on a new “sparsity-based” approach to modeling bounded rationality, and a theory of boundedly rational dynamic programming. Recent publications explore the granular origins of aggregate fluctuations, asset pricing puzzles, the size and area of cities and executive compensation.
In 2011, he won the Fischer Black Prize, awarded every two years by the American Finance Association to an outstanding finance scholar under 40, and the Bernacer Prize for best European economist under 40 working in macroeconomics or finance. He was also honored as the best young French economist.
Gabaix joined the faculty of the Stern School of Business at New York University in 2007. He previously was on the economics faculty at Massachusetts Institute of Technology. He is a faculty research fellow with the National Bureau of Economic Research and the Center for Economic Policy Research. He also is a research associate with the European Corporate Governance Institute.
He earned his doctorate in economics from Harvard University.
Gabaix will present at the Money and Banking Workshop on March 4, 2015 at 3:30 p.m. in Saieh Hall for Economics 112.
- 2011: October 24 - 28