Jasmine Xiao

Jasmine Xiao is an Assistant Professor of Economics at the University of Notre Dame, joining in 2017. She holds a Ph.D., M.Phil., and B.A. in Economics from the University of Cambridge. Her research focuses on macroeconomics, financial crises, and credit market dynamics. Xiao’s work examines how expectations shape post-crisis lending behavior, information-driven credit spreads, and investment dynamics under uncertainty.

• Educations: Ph.D. (2017), M.Phil. (2012), B.A./M.A. (2011) in Economics from University of Cambridge

Her research interests include analyzing financial crises recovery mechanisms, bank lending behavior, and the impact of incomplete information on credit markets. Recent work highlights how distorted bank expectations prolonged post-2008 credit slumps and how information flows drive credit spreads. She has also studied China’s equity market internationalization, revealing how foreign investor inclusion affected firm financing and investment.

Xiao’s publications appear in top journals like the Review of Economic Studies and IMF Economic Review. She collaborates with scholars such as Antonio Falato and Joseph Kaboski. No specific awards are listed, though her work has been recognized through revise & resubmit decisions at leading journals.

Her research agenda integrates theoretical models with empirical data to explain macroeconomic phenomena, emphasizing firm heterogeneity and investor behavior in crisis contexts. No lab affiliations or grant details are explicitly mentioned in provided texts.