Alistair Macaulay

I am a macroeconomist at the University of Surrey. Before Surrey, I completed a PhD and post-doc in economics at the University of Oxford.

CV

Research Interests: macroeconomics, information economics, household heterogeneity.

Contact: a.macaulay@surrey.ac.uk

News: "Identification via Heteroskedasticity when Attention is Endogenous" is Revise & Resubmit at JME

"Monetary Policy Narratives and the Transmission of Monetary Policy" (with Alexa Kaminski and Wenting Song) is Revise & Resubmit at the Economic Journal

New version of "The Causal Effects of Heterogeneous Expectation Formation in General Equilibrium" [substantial revision and replacement of "Shock Transmission and the Sources of Heterogeneous Expectations"]

"Ambiguity Aversion, Portfolio Choice, and Life Expectancy" (with Chenchuan Shi) has been published at IER.

"Cyclical Attention to Saving" has been published in the October 2025 issue of AEJ: Macroeconomics.

"The (Mis)Allocation of Corporate News" (with Xing Guo and Wenting Song) is Revise & Resubmit at ReStat.

"Heterogeneity in imperfect inflation expectations: theory and evidence from a novel survey" (with James Moberly) has been published at JMCB.