New Faculty 2020


Carolin Pflueger

Assistant Professor
Harris Public Policy

Carolin Pflueger’s research is at the intersection of macroeconomics and finance, with a particular focus on understanding the fiscal and monetary policy drivers of bond markets. She has proposed a new integrated model of macroeconomic dynamics for stocks and bonds, and developed a new measure of risk appetite for the macroeconomy. She is also interested in how the interdependence of fiscal and monetary policy theory can raise a government’s cost of borrowing, especially in emerging markets.

Pflueger won the Arthur Warga Award for the Best Paper in Fixed Income at the Society for Financial Studies Cavalcade in 2014 and was a finalist for the AQR Insight Award in 2018. Her research has been published in the Journal of Finance, Journal of Financial Economics, and Journal of Monetary Economics. Her work also influenced asset allocation at the Norwegian sovereign wealth fund.

Pflueger received a PhD in business economics from Harvard University. She was an assistant professor of finance at the University of British Columbia and has held visiting positions at the Becker Friedman Institute for Research in Economics at the University of Chicago, Stanford University, MIT Sloan School of Management, Brown University, and the Federal Reserve Bank of San Francisco. In addition to her academic appointment, she is a faculty research fellow at the National Bureau of Economic Research.

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