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Thomas Chaney

John Elliott Chair in Economics and Professor of Economics
Thomas Chaney
Pronouns He / Him / His Email chaneyt@usc.edu

Biography

Thomas Chaney is the John Elliott Chair in Economics and Professor of Economics at the USC Department of Economics.

Thomas holds a Ph.D. in Economics from MIT, and a Masters’ degree in Economics from Ecole Normale Superieure. Prior to joining USC, Thomas held positions at the University of Chicago, Toulouse School of Economics, and Sciences Po in Paris.

Thomas’ research focuses on International Trade, Immigration, Growth, Corporate Finance, Network Economics, and more recently on Economic History, with quantitative studies of trade in the Bronze Age and of the End of Antiquity.

Education

  • Ph.D. MIT, 2005
  • M.A. Ecole Normale Superieure, 2001

  • Book Chapters

    • Chaney, T. (2016). Networks in International Trade. Oxford Handbook of the Economics of Networks, Oxford University Press.

    Journal Article

    • Terry, S., Chaney, T., Burchardi, K., Tarquinio, L., Hassan, T. (2026). Immigration, Innovation, and Growth. American Economic Review. Vol. 116 (3)
    • Chaney, T., Bursztyn, L., Hassan, T., Rao, A. (2024). The Immigrant Next Door. American Economic Review. Vol. 114 (2)
    • Catherine, S., Chaney, T., Huang, Z., Sraer, D. (2022). Quantifying Reduced-Form Evidence on Collateral Constraints. Journal of Finance. Vol. 77 (4)
    • Barjamovic, G., Chaney, T., Cosar, K., Hortacsu, A. (2019). Trade, Merchants and the Lost Cities of the Bronze Age. Quarterly Journal of Economics. Vol. 134 (3)
    • Burchardi, K., Chaney, T., Hassan, T. (2019). Migrants, Ancestors, and Foreign Investments. Review of Economic Studies. Vol. 86 (4)
    • Chaney, T. (2018). The Gravity Equation in International Trade: An Explanation. Journal of Political Economy. Vol. 126 (1)
    • Auer, R., Chaney, T., Saure, P. (2018). Quality Pricing-to-Market. Journal of International Economics. Vol. 110
    • Chaney, T. (2016). Liquidity Constrained Exporters. Journal of Economic Dynamics and Control. Vol. 72
    • Chaney, T. (2014). The Network Structure of International Trade. American Economic Review. Vol. 104 (11)
    • Chaney, T., Ossa, R. (2013). Market Size, Division of Labor, and Firm Productivity. Journal of International Economics. Vol. 90 (1)
    • Chaney, T., Sraer, D., Thesmar, D. (2012). The Collateral Channel: How Real Estate Shocks Affect Corporate Investment. American Economic Review. Vol. 102 (6)
    • Chaney, T., Auer, R. (2009). Exchange Rate Pass-Through in a Competitive Model of Pricing-to-Market. Journal of Money, Credit and Banking. Vol. 41 (s1)
    • Chaney, T. (2008). Distorted Gravity: The Intensive and Extensive Margins of International Trade. American Economic Review. Vol. 98 (4)

    Working Paper

    • Boehm, J., Chaney, T. (2026). Trade and the End of Antiquity. R&R Econometrica.
    • Andries, M., Bursztyn, L., Chaney, T., Djourelova, M., Imas, A. (2026). In their Shoes: Empathy through Information. R&R Quarterly Journal of Economics.
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