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Fanny S. Demers

Associate Professor

Languages spoken other than English: Turkish, French

Research fields: macroeconomics, business cycles, investment theory, asset pricing

Expertise:
• learning and cyclical fluctuations
• investment theory
• the risk-sharing and informational roles of financial markets
• the theory of risk and insurance

Refereed Publications in the Last 6 Years:

Most Significant Career Research Contributions:

“The Investment Tax Credit and Irreversible Investment� (with Sumru G. Altuğ and Michel Demers), Journal of Macroeconomics, in press; available online 14 January 2009.

“Political Risk and Irreversible Investmentâ€� (with Sumru G. AltuÄŸ and Michel Demers), CESifo Economic Studies, Volume 53, Number 3, September 2007, Pages 430–465.

“Learning about Tax Policy� (with Sumru G. Altuğ and Michel Demers), Finance Letters, Volume 5, Number 1, February 2007, Pages 1–11.

“Investment Dynamics� (with Sumru G. Altuğ and Michel Demers), Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium, ed. Sumru G. Altuğ, Jagjit S. Chadha, and Charles Nolan, Cambridge University Press, 2003, Chapter 2, Pages 34–154.