Dr. Paul Scanlon

• Paul Scanlon, New Goods and Asset Prices, Journal of Financial Economics, 132, (3), 2019, p140 - 157Journal Article, 2019
• Scanlon P., Aggregate risk and wage dispersion, Economics Letters, 194, 2020Journal Article, 2020, DOI
• Paul Scanlon, Metrics on Factor Income Risk: 1900-2000, 1, Elsevier, 2020Dataset, 2020, URL
• Paul Scanlon, A Model of Greedflation, Economics Letters, 234, 2024Journal Article, 2024, DOI
• Paul Scanlon, Profits and Inflation Data, 1, Mendeley, 2023Dataset, 2023, URL
• The Manchester School, 81, S1, (2013), 1 - 124p, George Bratsiotis, Michael Wycherley, Paul Scanlon, [eds.], 2012-13Journal, 2013

• Paul Scanlon, Iphone Introductions and Labour Hours: A Natural Experiment, 2019Working Paper
• Paul Scanlon, Wage Inequality, Risk, and the Financial Sector, 2019Working Paper
• Paul Scanlon, Labor Trends: New Evidence from Patent Data, 2022Working Paper
• Paul Scanlon, Historical Data on Consumption Components and Labour Hours, 1, Trinity College Dublin, 2023Dataset, URL
• Paul Scanlon, A Comparison of Betting Odds, 2011-2022: France and UK, 1, TCD, 2022Dataset, URL
• Paul Scanlon, The Societal Impact of License Plate Formats, 2024Working Paper
• Paul Scanlon, Home Bias and Prediction Markets: Evidence from the Racetrack, 2011Working Paper
• Paul Scanlon, New Goods and Long-Run Trends in Labour Supply, 2008Working Paper
• Paul Scanlon, New Goods and International Risk Sharing, 2009Working Paper
• Paul Scanlon, Price Stability and Endogenous Productivity, 2012Working Paper, URL
• Paul Scanlon, Can Dynamic Goods Explain Asset Returns?, 2013Working Paper, URL

My primary research focus lies in the area of macroeconomics and finance. The central theme pervading my work is the question of how the introduction of new goods affects individual decision-making, and how those decisions affect the macroeconomy. Specifically, a large component of my research addresses the questions of how new goods affect i) labour supply and ii) the decisions to consume and save. While these may seem natural questions, standard economic models focus on a single good, and abstract from the effects of new goods. As a result, current economic indicators of progress omit or fail to quantify an important aspect of economic progress. In contrast to the past, economic progress today is largely marked by the introduction of new goods, and not increasing quantities of the same goods. Incorporating new goods into standard models and price indices and examining the associated ramifications is technically challenging. Yet it opens up a broad and increasingly relevant research agenda. Significantly, my research shows that this modification of standard models leads to starkly different predictions to standard models. Moreover, the idea has broad applicability to economic dynamics and for examining incentives to work and save. As a result, I believe this work is seminal and makes a substantive contribution to the field. Moreover, since part of the work addresses longstanding puzzles in the field, I believe it has the potential to ultimately gain considerable traction. One of my publications in this area is in one of leading journals in the field of finance and I believe this validates the importance of my work. More recently, I have become interested in the sustainability of consumption behaviour across economies and how the pursuit of new products can frustrate the transition to a net zero economy.

• Fellowship, Yale Unversity 2001
• Cheit Teaching Award, UC Berkeley 2006
• Fellowship, UC Berkeley 2004

• American Economic Association present
• American Finance Association present
• European Finance Association present
• Irish Economic Association present

• Discussant, Central Bank of Ireland Conference, "Macro-finance and financial stability policies" 5 December 2024
• External Member, Hiring Committee, UCD School of Economics 2024-2025
• Panellist, public lecture on "The US Presidential Election" 29/9/16
• Referee, Economic and Social Review
• Referee, Scottish Journal of Political Economy
• Referee, Scottish Journal of Political Economy
• Referee, Economic and Social Review