Publications


Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2026). "A Framework for Geoeconomics." Econometrica, 94(1): 105-136. Journal Link
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 (2026). "Putting Economics Back Into Geoeconomics." NBER Macroeconomics Annual, 40: 23-87.
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." AEA Papers and Proceedings, 116: 113-137

Cavani, Bruno, Christopher Clayton, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2026). "American Investment in Chinese Renminbi." AEA Papers and Proceedings, 116: 41-46

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