Tarek Hassan

About

Professor Tarek Hassan is a faculty member in the Department of Economics at Boston University. His research focuses on international finance, macro-finance, and social factors in economic growth. His recent work studies the effects of uncertainty on firm behavior and the allocation of capital across countries, as well as the impact of social structure, historical migration, and ethnic diversity on economic growth and foreign direct investment. His research has been published in top journals such as the American Economic Review, the Quarterly Journal of Economics, and the Journal of Finance. He is also a research fellow of the National Bureau of Economic Research and the Center for Economic Policy Research.

Research topics

• Economics
• Business
• Medicine
• Demographic economics
• Microeconomics
• Monetary economics
• Virology
• Environmental science
• International trade

Selected publications

• The Global Impact of Brexit Uncertainty

  2020 · 67 citations

  1st authorCorresponding

  We propose a text-based method for measuring and analyzing the international propagation of uncertainty shocks at the firm level. We apply this method to estimate the impact of Brexitrelated uncertainty and find widespread reverberations on listed firms in 81 countries. International firms most exposed to Brexit uncertainty not only significantly lost market value but also reduced hiring and investments. In addition to Brexit uncertainty (the second moment), we find that international firms over…

  DOI

• Immigration, Innovation, and Growth

  American Economic Review · 2026-02-27 · 5 citations

  preprintOpen accessSenior author

  We propose a novel identification strategy to isolate exogenous immigration shocks across US counties, by interacting quasi-random variations in the composition of ancestry across counties with the contemporaneous inflow of migrants from different countries. We show a positive causal impact of immigration on local innovation and wages at the five-year horizon. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. A s…

  PublisherOA PDFDOI

• A Currency Premium Puzzle

  Federal Reserve Bank of San Francisco, Working Paper Series · 2024-10-18 · 4 citations

  articleOpen access1st authorCorresponding

  Standard asset pricing models reconcile high equity premia with smooth risk-free rates by inducing an inverse functional relationship between the mean and the variance of the stochastic discount factor. This highly successful resolution to closed-economy asset pricing puzzles is fundamentally problematic when applied to open economies: It requires that differences in currency returns arise almost exclusively from predictable appreciations, not from interest rate differentials. In the data, by co…

  PublisherOA PDFDOI

• Economic Surveillance using Corporate Text

  National Bureau of Economic Research · 2024-11-01 · 4 citations

  reportOpen access1st authorCorresponding

  This article applies simple methods from computational linguistics to analyze unstructured corporate texts for economic surveillance.We apply text-as-data approaches to earnings conference call transcripts, patent texts, and job postings to uncover unique insights into how markets and firms respond to economic shocks, such as a nuclear disaster or a geopolitical eventinsights that often elude traditional data sources.This method enhances our ability to extract actionable intelligence from textua…

  PublisherDOI

• Trade War and the Dollar Anchor

  National Bureau of Economic Research · 2025-10-01 · 3 citations

  reportOpen access1st authorCorresponding

  We develop a general-equilibrium model in which the safety of a country's currency and the choice of its exchange-rate regime arise endogenously.Calibrated to pre-2025 data, the model replicates the U.S. dollar's safety premium, low Treasury yields, and its status as the world's anchor currency.Introducing a trade war that isolates U.S. goods markets from the world erodes the U.S. dollar's safety premium, raises U.S. interest rates, and lowers the world market value of U.S. firms.For sufficientl…

  PublisherDOI

Frequent coauthors

• Ahmed Tahoun

  316 shared

• Thomas Chaney

  207 shared

• Josh Lerner

  Entrepreneurial Ecosystems

  164 shared

• Konrad Burchardi

  Stockholm University

  159 shared

• Nicholas Bloom

  Stanford University

  158 shared

• Aakash Kalyani

  153 shared

• Stephen Terry

  147 shared

• Lisa Tarquinio

  University of Chicago

  147 shared

Education

• Ph.D.

  Harvard University

Similar researchers at Boston University

• Benjamin Marxh-90
• Robert G. Kingh-77
• Laurence J. Kotlikoffh-72