Pei Kuang

Pei Kuang

The Department of Economics
Associate Professor in Economics
Co-lead, Macroeconomics and Finance Research Group and Programme Director, MSc International Money and Banking

Contact details

Department of Economics
University House
University of Birmingham
B15 2TT

Dr Pei Kuang is a Associate Professor in Economics. 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


Zhang, E, Chen, L, Kuang, P & Dickinson, DG 2023, 'An Accessibility Measurement Based on Commuter Behaviour and Living Conditions: An Empirical Analysis of the High-Speed Railway Network in the East of China', Sustainability, vol. 15, no. 5, 4309.

Kuang, P, Tang, L, Zhang, R & Zhang, T 2022, 'Forecast disagreement about long-run macroeconomic relationships', Journal of Economic Behavior & Organization, vol. 200, pp. 371-387.

Kuang, P 2019, 'Does energy consumption endanger public longevity? An analysis of 34 major energy-consuming countries', International Journal of Smart Grid and Clean Energy.

Kuang, P & Yao, Y 2017, 'Are Rational Explosive Solutions Learnable?', Economics Letters, vol. 157, pp. 62-66.

Kuang, P & Wang, T 2017, 'Labor market dynamics with search frictions and fairwage considerations', Economic Inquiry, vol. 55, no. 3, pp. 1336-1349.

Kuang, P 2016, 'A note on learning in a credit economy', Macroeconomic Dynamics, vol. 20, no. 3, pp. 845-855.

Kuang, P & Mitra, K 2016, 'Long-run growth uncertainty', Journal of Monetary Economics, vol. 79, pp. 67-80.

Kuang, P 2014, 'A model of housing and credit cycles with imperfect market knowledge', European Economic Review, vol. 70, pp. 419-437.

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.

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

View all publications in research portal