Publications


Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2025). "A Framework for Geoeconomics." Econometrica, forthcoming.
Selected Media Coverage: The Economic Times | Yale Insights

Clayton, Christopher and Andreas Schaab (2025). “A Theory of Dynamic Inflation Targets.American Economic Review, 115(2): 448-490. Journal Link

Clayton, Christopher, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2025). Internationalizing Like China.American Economic Review, 115(3): 864-902. Journal Link.
Selected Media Coverage: Bloomberg, The Economist, Business Insider, Bloomberg

Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2025). "Putting Economics Back Into Geoeconomics." Prepared for NBER Macro Annual 2025.
Selected Media Coverage: Financial Times | The Economist

Clayton, Christopher and Andreas Schaab (2025). “Bail-Ins, Optimal Regulation, and Crisis Resolution.Review of Financial Studies, 38(9): 2810-43. Journal Link

Antill, Samuel and Christopher Clayton (2025). "Crisis Interventions in Corporate Insolvency." Journal of Finance, 80(2): 875-910. Journal Link

Beshears, John, James Choi, Christopher Clayton, Christopher Harris, David Laibson, and Brigitte Madrian (2025). "Optimal Illiquidity." Journal of Financial Economics, 165:103996. Journal Link    Online Appendix

Clayton, Christopher and Andreas Schaab (2022). “Multinational Banks and Financial Stability.” Quarterly Journal of Economics, 137(3): 1681-1736. Journal Link Online Appendix


Other Publications

Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2026). "Global Imbalances and Power Imbalances." In Preparation for AEA Papers and Proceedings.

Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2025). "The Political Economy of Geoeconomic Power." AEA Papers and Proceedings, 115: 588-92. Journal Link.
Selected Media Coverage: Central Banking | Corriere della Sera | Economic Times

Clayton, Christopher, Antonio Coppola, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2023). "China in Tax Havens." AEA Papers and Proceedings, 113: 114-19. Journal Link.
Selected Media Coverage: Bloomberg, NBER Digest, New York Times