Stephen Hansen
Stephen Hansen
External Partner

Stephen Hansen is Associate Professor of Economics at Imperial College Business School.  Prior to this, he was a member of the economics faculty at the University of Oxford and Pompeu Fabra University.  He received his PhD in Economics from the London School of Economics in 2009.His research primarily focuses on information problems in organizations, with recent applications to the design of central banks and the role of CEOs in firms.  His work has increasingly incorporated unstructured data for generating novel measures of behavior using machine learning algorithms. He is currently an Affiliate at the CEPR and Turing Fellow at the Alan Turing Institute, and has in the past been both a fellow and academic consultant at the Bank of England.

Latest publications

Presentation released by BBVA Research at Big Things Data & AI Conference. Observing the evolution of the economy in real time and high definition can be essential when evaluating the economic impact of an event with few precedents in the world economy like the current Covid19 crisis.
Presentation released by BBVA Research at Banca d’Italia and Federal Reserve Board Joint Conference, Nontraditional Data & Statistical Learning with Applications to Macroeconomics.
We exploit high-frequency/high-resolution transaction data from BBVA to analyse the dynamics of expenditure in Spain during the ongoing COVID-19 pandemic. We find little shift in expenditure prior to the national lockdown, but then immediate, very large, and sustained expenditure reductions thereafter.