Hi! Welcome to my website.
I am a Postdoctoral Research Associate in Economics at the Adam Smith Business School, University of Glasgow.
I am an applied macroeconomist with interests in firm dynamics, labour markets, and monetary and fiscal policy.
I received my PhD in Economics from the European University Institute in May 2023.
I am on the 2025-26 Academic Job Market!
My job market paper is called: “Earnings Management and Investment”
Interests
- Firm Dynamics
- Labour Market Policies
- Monetary and Fiscal Policy
Education
PhD in Economics, 2023
European University Institute, IT
MSc Economics, 2014
Barcelona Graduate School of Economics, ES
BSc Economics and Econometrics, 2011
University of Bristol, UK
Research
Working Papers:
Earnings Management and Investment
(Job Market Paper, this draft Oct 2025)
Fiscal News and the Macroeconomy
(with Wolfram Horn, this draft Oct 2025)
Making the Cut: Close Elections and Local Welfare Policy
Current Draft (SSRN) (with Nikolaj Broberg and Tuuli Tähtinen, under review March 2025)
Sectoral Volatility and the Investment Channel of Monetary Policy
Current Draft (SSRN) Slides (with Ozgen Ozturk, new draft coming soon)
Work in Progress:
Lumpy Investment: a micro-to-macro FAVAR approach
(with Christoph Gortz, Sisir Ramanan and John Tsoukalas)
The Macroeconomic Implications of Debt Distressed Firms
(with Sisir Ramanan, Yannis Tsafos and John Tsoukalas)
Financing Lumpy Capacity Adjustments: Evidence from UK Firms
(with Christoph Gortz and John Tsoukalas)
Policy Work:
Contact
- thomas.walsh[at]glasgow.ac.uk
- Adam Smith Business School, University of Glasgow, 2 Discovery Place, Glasgow G11 6EY
- Book an appointment
- Twitter DM