Shutao Cao ☕️

Shutao Cao

Associate Professor of Economics

Trent University

Welcome. I am an economist specialized in macroeconomics. My research aims to assess distributional effects of macroeconomic policy, understand barriers to productivity growth, and understand optimal choices over the life cycle.

Issues I have studied include welfare cost of inflation, financial frictions facing small businesses, and production networks.

Experience

 
 
 
 
 
Trent University
Assistant Professor in Economics
December 2019 – Present Peterborough, Canada

Teaching Areas

  • Macroeconomics
  • Quantitative Methods in Economics

Tools I use

Fortran

40%

Python

30%

Stata

50%

Fedora

100%

Publications

(2021). The welfare cost of inflation revisited: The role of financial innovation and household heterogeneity. Journal of Monetary Economics, 118, 366-380.

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(2020). Credit constraints and productivity of SMEs: Evidence from Canada. Economic Modelling, 88, 366-380.

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(2017). Trends in Firm Entry and New Entrepreneurship in Canada. Canadian Public Policy, 43(3), 202-220.

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(2017). Real GDI, Productivity, and the Terms of Trade in Canada. Review of Income and Wealth, 63(s1), 136-148.

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(2015). Pricing-to-market, currency invoicing and exchange rate pass-through to producer prices. Journal of International Money and Finance, 58(C), 128-149.

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Working Papers

(2024). Production Networks and the Macroeconomic impacts of Commodity Price Shocks. Canadian Journal of Economics.

Cite Link

(2021). The impact of uncertainty on two-tiered labor markets. Submitted.

Link

(2011). A model of costly reallocation and aggregate productivity. Inactive, revision at a journal abandoned.

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Projects

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Quarterly Total Factor Productivity
A dataset of quarterly total factor productivity in Canadian business sector

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