Publications

Clayton, Christopher, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2024). “Internationalizing Like China.” American Economic Review, forthcoming. Journal Link

Clayton, Christopher and Andreas Schaab (2024). “A Theory of Dynamic Inflation Targets.” American Economic Review, forthcoming. Journal Link

Clayton, Christopher, Matteo Maggiori, and Jesse Schreger (2025). "The Political Economy of Geoeconomic Power." In Preparation for AEA Papers and Proceedings.

Clayton, Christopher and Andreas Schaab (2024). “Bail-Ins, Optimal Regulation, and Crisis Resolution.” Review of Financial Studies (Accepted)

Antill, Samuel and Christopher Clayton (2024). "Crisis Interventions in Corporate Insolvency." Journal of Finance, forthcoming

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, Antonio Coppola, Amanda Dos Santos, Matteo Maggiori, and Jesse Schreger (2023). "China in Tax Havens." AEA Papers and Proceedings, 113: 114-19. Journal Link

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

Working Papers

"A Theory of Economic Coercion and Fragmentation" (with Matteo Maggiori, Jesse Schreger), December 2024

"A Framework for Geoeconomics" (with Matteo Maggiori, Jesse Schreger), June 2024. Revise & Resubmit, Econometrica

"International Currency Competition" (with Amanda Dos Santos, Matteo Maggiori, Jesse Schreger), November 2024

"Heterogeneous Price Rigidities and Monetary Policy" (with Xavier Jaravel and Andreas Schaab), Aug 2018