Jonathon Hazell

About Me

I'm an assistant professor in the Department of Economics at the London School of Economics, affiliated with the Center for Macroeconomics, the Centre for Economic Policy Research (CEPR) and the Institute of Labor Economics (IZA). 

I am a macroeconomist. I serve as an associate editor at the Journal of the European Economic Association, and as a member of the editorial board of the Review of Economic Studies. 

I received my undergraduate degree from the University of Cambridge in 2015, where I received the Adam Smith Prize for the best undergraduate thesis in economics, the Adam Smith Prize for the best undergraduate performance in economics, and the Gladstone Prize for the best undergraduate thesis in history and social sciences. I received my PhD in economics from MIT in 2020. In 2020-2021 I was a post-doc in the Department of Economics at Princeton University, at the Julis-Rabinowitz Center for Public Policy and Finance.

Here is my CV.  My email is J.hazell [at] lse [dot] ac [dot] uk. 

I sometimes tweet about my research. 

General Interest

I summarized my research with a pair of episodes on David Beckworth's Macro Musings podcast. Tyler Cowen has also summarized some of my research at Marginal Revolution.

News

May 2026: Our paper Why do Workers Dislike Inflation? Wage Erosion and Conflict Costs (with Joao Guerreiro, Chen Lian and Christina Patterson) is forthcoming at Econometrica.

April 2026:  Our paper Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity? (with Meghana Gaur, John Grigsby and Abdoulaye Ndiaye) is forthcoming at American Economic Review: Insights.

March 2026: We posted the first version of our working paper How Do Interest Rates Affect Consumption? Household Debt and the Role of Asset Prices (with Angus Foulis,  Atif Mian and  Belinda Tracey).

March 2026: Our paper Dynamics of the Long Term Housing Yield: Evidence from Natural Experiments (with Verónica Bäcker-Peral and Atif Mian) was published in the March 2026 issue of the American Economic Review.

October 2025: our paper National Wage Setting (with Christina Patterson, Heather Sarsons and Bledi Taska) was accepted at the American Economic Review.

September 2025: I was appointed as a member of the Editorial Board of the Review of Economic Studies.

May 2025: A major revision of our paper Do Deficits Cause Inflation? A High Frequency Narrative Approach (with Stephan Hobler) just released.