Publications and Further Research Outputs
Peer-Reviewed Publications
Paul Scanlon, A Model of Greedflation, Economics Letters, 234, 2024
Paul Scanlon, Profits and Inflation Data, 1, Mendeley, 2023
Paul Scanlon, Metrics on Factor Income Risk: 1900-2000, 1, Elsevier, 2020
Scanlon P., Aggregate risk and wage dispersion, Economics Letters, 194, 2020
Paul Scanlon, New Goods and Asset Prices, Journal of Financial Economics, 132, (3), 2019, p140 - 157
The Manchester School, 81, S1, (2013), 1 - 124p, George Bratsiotis, Michael Wycherley, Paul Scanlon, [eds.], 2012-13
Non-Peer-Reviewed Publications
Paul Scanlon, The Societal Impact of License Plate Formats, 2024
Paul Scanlon, Historical Data on Consumption Components and Labour Hours, 1, Trinity College Dublin, 2023
Paul Scanlon, A Comparison of Betting Odds, 2011-2022: France and UK, 1, TCD, 2022
Paul Scanlon, Labor Trends: New Evidence from Patent Data, 2022
Paul Scanlon, Iphone Introductions and Labour Hours: A Natural Experiment, 2019
Paul Scanlon, Wage Inequality, Risk, and the Financial Sector, 2019
Paul Scanlon, Can Dynamic Goods Explain Asset Returns?, 2013
Paul Scanlon, Price Stability and Endogenous Productivity, 2012
Paul Scanlon, Home Bias and Prediction Markets: Evidence from the Racetrack, 2011
Paul Scanlon, New Goods and International Risk Sharing, 2009
Paul Scanlon, New Goods and Long-Run Trends in Labour Supply, 2008
Research Expertise
Description
My primary research focus lies in the area of macroeconomics and finance. The central theme pervading my work is the question of how the introduction of new goods affects individual decision-making, and how those decisions affect the macroeconomy. Specifically, a large component of my research addresses the questions of how new goods affect i) labour supply and ii) the decisions to consume and save. While these may seem natural questions, standard economic models focus on a single good, and abstract from the effects of new goods. As a result, current economic indicators of progress omit or fail to quantify an important aspect of economic progress. In contrast to the past, economic progress today is largely marked by the introduction of new goods, and not increasing quantities of the same goods. Incorporating new goods into standard models and price indices and examining the associated ramifications is technically challenging. Yet it opens up a broad and increasingly relevant research agenda. Significantly, my research shows that this modification of standard models leads to starkly different predictions to standard models. Moreover, the idea has broad applicability to economic dynamics and for examining incentives to work and save. As a result, I believe this work is seminal and makes a substantive contribution to the field. Moreover, since part of the work addresses longstanding puzzles in the field, I believe it has the potential to ultimately gain considerable traction. One of my publications in this area is in one of leading journals in the field of finance and I believe this validates the importance of my work. More recently, I have become interested in the sustainability of consumption behaviour across economies and how the pursuit of new products can frustrate the transition to a net zero economy.Recognition
Representations
Referee, Economic and Social Review
Referee, Scottish Journal of Political Economy
External Member, Hiring Committee, UCD School of Economics
Discussant, Central Bank of Ireland Conference, "Macro-finance and financial stability policies"
Panellist, public lecture on "The US Presidential Election"
Awards and Honours
Cheit Teaching Award, UC Berkeley
Fellowship, UC Berkeley
Fellowship, Yale Unversity
Memberships
Irish Economic Association
American Finance Association
American Economic Association
European Finance Association