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    • Dr Michael McMahon »
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    University of Warwick

    Dr Michael McMahon

    Dr Michael McMahon

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    Research Interests

    Macroeconomics of business cycles, monetary economics, inventories applied econometrics.

    Macro/international@Warwick

    Recent Publications

    Publications or forthcoming papers:

    Giavazzi, Francesco and Michael McMahon (2012) “The Household Effects of Government Spending”, chapter in Fiscal Policy after the Financial Crisis, edited by Alberto Alesina and Francesco Giavazzi, Forthcoming from University of Chicago Press.

    Giavazzi, Francesco and Michael McMahon (2012) “Policy Uncertainty and Household Savings”, The Review of Economics and Statistics, May 2012, Vol. 94, No. 2, Pages 517-531. Press coverage (in Italian)

    McMahon, Michael (forthcoming) "Comments on "Technology - Hours Redux: Tax Changes and the Measurement of Technology Shocks" by Karel Mertens and Morten Ravn". NBER International Seminar on Macroeconomics 2010, edited by Richard Clarida and Francesco Giavazzi, Forthcoming from University of Chicago Press.

    McMahon, Michael (2004) "Comments on 'Household saving and cohabitation' by Rob Alessie, Agar Brugiavini and Guglielmo Weber". Published in NBER International Seminar on Macroeconomics; R. Clarida, J. Frankel, and F. Giavazzi, editors, 2004.

    In submission or under revision:

    Fernandez-Corugedo, Emilio, Michael McMahon, Stephen Millard and Lukasz Rachel (2010), "Understanding the Macroeconomic Effects of Working Capital in the UK". Bank of Working Paper 422. Revise and Resubmit, Economic Journal.

    Hansen, Stephen, Michael McMahon and Carlos Velasco Rivera (2012), "How Experts Decide: Preferences or Private Assessments on a Monetary Policy Committee? " (replaces earlier paper "How Experts Decide: Identifying Preferences versus Signals from Policy Decisions".) Web Appendix

    Hansen, Stephen and Michael McMahon (2013), "Estimating Bayesian Decision Problems with Heterogeneous Priors". Web Appendix

    Being Prepared for Submission:

    Hansen, Stephen and Michael McMahon (2013), “First Impressions Matter: Signalling as a Source of Policy Dynamics”.

    McMahon, Michael (2011), "Inventories in Motion: A New Approach to Inventories Over the Business Cycle". New Version in development.

    McMahon, Michael, Herakles Polemarchakis and Udara Peiris (2012) "The Unintended Consequences of Unconventional Monetary Policy”.

    Giavazzi, Francesco and Michael McMahon (2012) “The Distributional Effects of Government Spending”.

    Giavazzi, Francesco and Michael McMahon (2012) “How fiscally conservative are US voters?”.

    In-Progress:

    “The Effect of Transparency on Communication on the FOMC”. Joint with Stephen Hansen (UPF) and Andrea Prat (Columbia).

    “The Flow of FOMC Deliberation”. Joint with Stephen Hansen (UPF) and Andrea Prat (Columbia).

    “How Counter-cyclical is the Wage Mark-up?”. Joint with Valerie Ramey (UCSD).

    “A Regression Discontinuity Approach to Monetary Policy Shocks”. Joint with Dave Donaldson (MIT).

    Older Policy Paper

    Kearney, Ide, Daniel McCoy, David Duffy, Michael McMahon and Diarmaid Smyth (2000) "Assessing the Stance of Irish Fiscal Policy" in Budget Perspectives, Proceedings of a Conference. Economic and Social Research Institute, Dublin, 19 September: 4- 40.

    Teaching Related Materials

    “Teaching and Research in a UK University” (2012) in “What's the Use of Economics?: Teaching the Dismal Science After the Crisis” edited by Diane Coyle. My views on the challenges of managing research and teaching in a research university. This talk reflects a TedX talk given at Warwick in March 2011. Document and TEDxWarwick Talk, March 2010

    McMahon, Michael (2011), "Classroom Games in Economics: A Quantitative Assessment of the 'Beer Game'".

    Good Practice Teaching Case Studies - Published by the Higher Education Academy's Economics Network and available at www.economicsnetwork.ac.uk:

    McMahon, Michael (2007) “Coaching Economics”.

    McMahon, Michael (2007) “Employability, Transferable Skills and Student Motivation”.

    McMahon, Michael (2010) “Reflections on my teaching”. Reflections on Teaching in a Research-intensive University

    Teaching

    EC108 Macroeconomics 1

    EC230 Money and Banking

    MSc Research Methods

    Miscellaneous

    My talk at the Warwick Economics Summit on my research on monetary policy - The who and the how of monetary policy.

    My views on research and teaching and the challenges of managing both in a research university - TEDxWarwick Talk, March 2011

    A piece I wrote for the Economist Free Exchange blog (May 2013)

    An interesting visit of Nobel Prize winning physicist Carl Wieman to Dublin Institute of Technology - proof that good research and good teaching are not mutually exclusive. You can even view his lecture as a video. And yes, that Dr McMahon in the pictures is my father! http://www.dit.ie/news/archive2009/carlwiemanvisittodit/

    Contact details

    Telephone: +44(0) 24 7652 3056

    Fax: +44(0) 2476 523032

    Email: M dot McMahon at warwick dot ac dot uk

    Room: S2.113

    Office Hours

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    University of Warwick, Coventry, CV4 7AL, United Kingdom

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    Page contact: Michael McMahon Last revised: Thu 16 May 2013
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