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A. Craig Burnside, Mary Grace Wilson Distinguished Professor

A. Craig Burnside

Burnside’s fields of specialization include macroeconomics and international finance. His recent research focuses on foreign exchange markets, empirical methods in finance, and the behavior of prices in housing markets.

He has published articles in a number of academic journals, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, and the Review of Financial Studies.

He is a Research Associate of the National Bureau of Economic Research, and was previously a member of the Board of Editors of the American Economic Review (2001-06, 2011-20), Associate Editor for the Review of Economics and Statistics (2012-15), co-editor of the Canadian Journal of Economics (2007-10), and Associate Editor for the Journal of Money Credit and Banking (2003-11).

Contact Info:
Office Location:  221 Social Sciences, Box 90097, Durham, NC 27708
Email Address: send me a message
Web Page:  http://people.duke.edu/~acb8/Burnside/Home.html

Teaching (Spring 2026):

  • ECON 104D.001, FDN OF ECONOMETRICS & DATA SCI Synopsis
    LSRC B101, TuTh 10:05 AM-11:20 AM
  • ECON 104D.01D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Allen 326, M 12:00 PM-12:50 PM
  • ECON 104D.02D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Old Chem 003, M 06:30 PM-07:20 PM
  • ECON 104D.03D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Allen 326, W 12:00 PM-12:50 PM
  • ECON 104D.04D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Perkins 087, Tu 01:40 PM-02:30 PM
  • ECON 104D.05D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Social Sciences 124, Th 12:00 PM-12:50 PM
  • ECON 104D.06D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Social Sciences 113, F 10:20 AM-11:10 AM
  • ECON 104D.07D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Old Chem 003, Th 04:55 PM-05:45 PM
  • ECON 104D.08D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Old Chem 003, M 08:45 AM-09:35 AM
  • ECON 104D.09D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Social Sciences 105, M 10:20 AM-11:10 AM
  • ECON 104D.10D, FDN OF ECONOMETRICS & DATA SCI Synopsis
    Perkins 087, W 01:40 PM-02:30 PM
  • ECON 902.01, MACRO/INTERNATIONAL ECON WKSHP Synopsis
    Social Sciences 113, Tu 01:25 PM-02:40 PM
  • ECON 952S.01, MACRO INTERNATIONAL FIN RSRCH Synopsis
    Social Sciences 113, Tu 08:30 AM-09:45 AM
Education:

Ph.D.Northwestern University1991
M.A.Northwestern University1990
B.A.University of British Columbia (Canada)1985
Specialties:

Macroeconomics
Financial Economics
Research Interests:

Burnside’s fields of specialization include macroeconomics and international finance. His recent research focuses on foreign exchange markets, empirical methods in finance, and the behavior of prices in housing markets.

Keywords:

macroeconomics • international macroeconomics • finance • time series econometrics • US business cycles • currency markets • governemt finance • foreign aid

Bio

Current Ph.D. Students   (Former Students)

    Working Papers   (More Publications)

    1. Craig Burnside and Jeremy J. Graveline, On the Asset Market View of Exchange Rates (July, 2014) [w18646]
    Recent Publications   (More Publications)

    1. Burnside, C; Cerrato, M; Zhang, Z, Foreign Exchange Order Flow as a Risk Factor, Journal of Financial and Quantitative Analysis, vol. 60 no. 5 (August, 2025), pp. 2555-2582 [doi]  [abs]
    2. Burnside, AC; Graveline, JJ, On the Asset Market View of Exchange Rates, Review of Financial Studies (January, 2019)
    3. Burnside, C; Eichenbaum, M; Rebelo, S, Currency Crises Models, in New Palgrave Dictionary of Economics Third Edition (January, 2018), pp. 2551-2554 [doi]  [abs]
    4. Burnside, C; Eichenbaum, M; Rebelo, S, Understanding booms and busts in housing markets, NBER Working Paper 16734, Journal of Political Economy, vol. 124 no. 4 (August, 2016), pp. 1088-1147, University of Chicago Press, ISSN 1537-534X [repository], [doi]  [abs]
    5. Burnside, AC, Identification and inference in linear stochastic discount factor models with excess returns, Journal of Financial Econometrics, vol. 14 no. 2 (2016), pp. 295-330, Oxford University Press (OUP), ISSN 1479-8409 [repository], [doi]  [abs]
    Conferences Organized


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