About this Fellow
Dimitri Vayanos is Professor of Finance at the London School of Economics, where he also heads the Department of Finance and directs the Paul Woolley Centre for the Study of Capital Market Dysfunctionality. He received his undergraduate degree from Ecole Polytechnique in Paris and his PhD from MIT. Prior to joining the LSE, he was faculty member at Stanford and MIT. His research, published in leading economics and finance journals, such as the Journal of Finance, the Journal of Financial Economics, the Quarterly Journal of Economics, the Review of Economic Studies, and the Review of Financial Studies, focuses on financial markets, and especially on what drives market liquidity, why asset prices can differ from assets' fundamental values, why bubbles and crises can occur, and what are appropriate regulatory and policy responses. He is a Fellow of the British Academy, a Research Fellow at CEPR and a former Director of its Financial Economics program, a Research Associate at NBER, a former Director of the American Finance Association, and a former Managing Editor of the Review of Economic Studies.
- Professor of Finance, London School of Economics
Game-theoretic microeconomics, with emphases on bargaining & arbitration, strategic communication, matching markets, learning & coordination. Current research areas are behavioural & experimental game theory & behavioural economics more generally.
Eighteenth & nineteenth century economic history: industrialization; wellbeing; labour markets; women's work and family lives; child labour; anthropometrics
International trade & foreign direct investment; economic growth in an interdependent world economy; political economy with an emphasis on the formation of trade policies.
The political economics of economic policy; applications to inequality & growth, public debt, central-bank independence, constitutions, development, state capacity, violent conflict & reforms of economic & political institutions.