Dr Pei Kuang

Dr Pei Kuang

The Department of Economics
Senior Lecturer in Macroeconomics

Contact details

Department of Economics
University of Birmingham
University of Birmingham
B15 2TT

Dr Pei Kuang is a Senior Lecturer in Macroeconomics. He received his Ph.D. from the Goethe University Frankfurt (Germany) and joined the Department of Economics in August 2012. His research focuses on empirical and theoretical analysis of imperfect knowledge in Macro and Finance with an emphasis on macroeconomic policy making and issues related to expectation formation and learning. He has published in the NBER Macroeconomics Annual, Journal of Monetary Economics, European Economic Review and other journals.



  • PhD University of Frankfurt
  • MA University of Freiburg
  • BS Renmin University of China



  • Advanced Macroeconomics (PhD)
  • International and European Monetary Issues (3rd year UG)
  • Supervision of PhD, Master and Bachelor dissertations


Learning and Imperfect Information, Expectation Formations, Business Cycles, Monetary and Fiscal Policy, Chinese Economy


Recent publications


Kuang, P & Yao, Y 2017, 'Are Rational Explosive Solutions Learnable?', Economics Letters, vol. 157, pp. 62-66. https://doi.org/10.1016/j.econlet.2017.05.038

Kuang, P & Wang, T 2017, 'Labor market dynamics with search frictions and fairwage considerations', Economic Inquiry, vol. 55, no. 3, pp. 1336-1349. https://doi.org/10.1111/ecin.12428

Kuang, P 2016, 'A note on learning in a credit economy', Macroeconomic Dynamics, vol. 20, no. 3, pp. 845-855. https://doi.org/10.1017/S1365100514000534

Kuang, P & Mitra, K 2016, 'Long-run growth uncertainty', Journal of Monetary Economics, vol. 79, pp. 67-80. https://doi.org/10.1016/j.jmoneco.2016.04.001

Kuang, P 2014, 'A model of housing and credit cycles with imperfect market knowledge', European Economic Review, vol. 70, pp. 419-437. https://doi.org/10.1016/j.euroecorev.2014.06.013

Kuang, P, Schröder, M & Wang, Q 2014, 'Illusory Profitability of Technical Analysis in Emerging Foreign Exchange Markets', International Journal of Forecasting, vol. 30, no. 2, pp. 192-205. https://doi.org/10.1016/j.ijforecast.2013.07.015

Adam, K, Kuang, P & Marcet, A 2012, 'House Price Booms and the Current Account', NBER Macroeconomics Annual, vol. 26, no. 1, pp. 77-122. https://doi.org/10.1086/663990

View all publications in research portal