Cosmin L. Ilut, Associate Professor

Professor Ilut’s major fields of interest are macroeconomics, international finance, asset pricing, and economics of information. Specifically, he focuses on the role of expectations and how agents incorporate information. He is currently focusing on settings in which agents face model uncertainty. Based on decision theoretical foundations (ambiguity aversion), he studies the role of such uncertainties for understanding macroeconomic issues like business cycle fluctuations, asset pricing and optimal policy.

Contact Info:

Office Location:	238 Social Sciences, Box 90097, Durham, NC 27708
Office Phone:	(919) 660-1817
Email Address:
Web Page:	http://sites.google.com/site/cosminilut/

Teaching (Fall 2019):

• ECON 210D.001, INTERMEDIATE MACROECONOMICS Synopsis

  Social Sciences 139, MW 01:25 PM-02:40 PM

• ECON 210D.01D, INTERMEDIATE MACROECONOMICS Synopsis

  Social Sciences 327, Tu 04:55 PM-05:45 PM

• ECON 210D.02D, INTERMEDIATE MACROECONOMICS Synopsis

  Social Sciences 113, F 10:20 AM-11:10 AM

• ECON 210D.03D, INTERMEDIATE MACROECONOMICS Synopsis

  Social Sciences 124, W 08:45 AM-09:35 AM

• ECON 210D.04D, INTERMEDIATE MACROECONOMICS Synopsis

  Old Chem 003, W 06:30 PM-07:20 PM

• ECON 210D.05D, INTERMEDIATE MACROECONOMICS Synopsis

  Languages 109, Th 04:55 PM-05:45 PM

• ECON 210D.06D, INTERMEDIATE MACROECONOMICS Synopsis

  Languages 109, Th 06:30 PM-07:20 PM

• ECON 702D.001, MACROECONOMIC ANALYSIS I Synopsis

  Social Sciences 111, MW 10:05 AM-11:20 AM

• ECON 702D.01D, MACROECONOMIC ANALYSIS I Synopsis

  Social Sciences 105, Tu 06:15 PM-07:05 PM

• ECON 702D.02D, MACROECONOMIC ANALYSIS I Synopsis

  Allen 318, Tu 06:15 PM-07:05 PM

• ECON 882.03, TOPICS MACRO/INTERNATL FINANCE Synopsis

  Social Sciences 327, MW 03:05 PM-04:20 PM

Education:

Ph.D.	Northwestern University	2009
M.A.	Northwestern University	2005
MA, Economics	Central European University, Budapest, Hungary	2004
BS, Economics	Babes-Bolyai University, Cluj-Napoca, Romania	2002

Specialties:

Macroeconomics
International Economics and Finance
Financial Economics

Research Interests: Macroeconomics, International Finance, Economics of Information

Professor Ilut’s major fields of interest are macroeconomics, international finance, asset pricing, and economics of information. Specifically, he focuses on the role of expectations and how agents incorporate information. He is currently focusing on settings in which agents face model uncertainty. Based on decision theoretical foundations (ambiguity aversion), he studies the role of such uncertainties for understanding macroeconomic issues like business cycle fluctuations, asset pricing and optimal policy.

Curriculum Vitae  Bio

Recent Publications   (More Publications)

1. Ilut, C; Kehrig, M; Schneider, M, Slow to hire, quick to fire: Employment dynamics with asymmetric responses to news, Journal of Political Economy, vol. 126 no. 5 (October, 2018), pp. 2011-2071, University of Chicago Press [doi]  [abs]
2. Bianchi, F; Ilut, CL; Schneider, M, Uncertainty Shocks, Asset Supply and Pricing Over the Business Cycle (April, Submitted, 2017)
3. Ilut, CL; Saijo, H, Learning, Confidence, and Business Cycles (December, Submitted, 2016)
4. Ilut, CL; Valchev, R; Vincent, N, Paralyzed by Fear: Rigid and Discrete Pricing Under Demand Uncertainty (August, Submitted, 2016)
5. Benczúr, P; Ilut, CL; Benczúr, P; Ilut, CL, Evidence for relational contracts in sovereign bank lendingEvidence for relational contracts in sovereign bank lending (April, Submitted, 2016), pp. 375-404 [doi]  [abs]

News Story: New Faculty Member Cosmin Ilut