FILIPA SÁ
King’s College London
Department of Management
Franklin-Wilkins Building
150 Stamford Street
London SE1 9NH, United Kingdom
[email protected]
+44 (0)779944 8361
Nationality: Portuguese and British
Current Employment

Senior Lecturer in Applied Economics, King’s College London: June 2013 – present
Past Employment

Lecturer and Fellow, Trinity College, University of Cambridge: 2009 – 2013

Economist, International Finance Division, Bank of England: 2007 – 2009

Summer Intern, European Department, International Monetary Fund: 2005
Education

PhD Economics (2008) Massachusetts Institute of Technology
Title: “Essays on European Labor Markets”
Advisors: Professor Joshua Angrist, Professor Olivier Blanchard

MSc Economics (with Distinction) (2002)
The London School of Economics and Political Science

B.A. (Licenciatura) in Economics (2001)
Faculdade de Economia da Universidade do Porto, Porto, Portugal
Journal Publications

Sá, F. (2015), “Immigration and House Prices in the UK”, The Economic Journal, Vol.
125, Issue 587, pages 1393-1424 (ABS 4)

Sá, F. and Tomasz Wieladek (2015), “Capital Inflows and the US Housing Boom”, Journal
of Money, Credit and Banking, Vol. 47, Issue S1, pages 221–256 (ABS 4)

Sá, F., Pascal Towbin and Tomasz Wieladek (2013), “Capital Inflows, Financial Structure,
and Housing Booms”, Journal of the European Economic Association, Vol. 12, Issue 2,
pages 522-546 (ABS 4)

Sá, F. and Francesca Viani (2013), “Shifts in Portfolio Preferences of International
Investors: an Application to Sovereign Wealth Funds”, Review of International Economics,
Volume 21, Issue 5, pages 868-885 (ABS 2)

Kubelec, C. and Filipa Sá (2012), “The Geographical Composition of National External
Balance Sheets: 1980-2005”, International Journal of Central Banking, June 2012 (ABS 2)

Sá, F. (2011), “Does Employment Protection Help Immigrants? Evidence from European
Labor Markets”, Labour Economics, Volume 18, Issue 5, pages 624-642 (ABS 3)

Estevão, M. and Filipa Sá (2008), “The 35-Hour Workweek in France: Straightjacket or
Welfare Improvement?”, Economic Policy, Volume 23, Issue 55, pages 417-463 (ABS 3)

Blanchard, O., Francesco Giavazzi and Filipa Sá (2005), “International Investors, the U.S.
Current Account, and the Dollar”, Brookings Papers on Economic Activity, 2005 No. 1
(ABS 3)
Papers under Review

Sá, F. (2015), “The Effect of University Tuition Fees on Applications and Course Choice:
Evidence from a Natural Experiment in the UK”, IZA Discussion Paper No. 8364, revise &
resubmit at Economica
Other Publications

Sá, F. (2013), “Evidence on Financial Globalization and Crisis: Geographic/Bilateral
External Balance Sheets”, forthcoming in Encyclopedia of Financial Globalization,
Elsevier
Papers in Progress

The Effect of Foreign Investors on Local Housing Markets: Evidence from the UK
CFM Discussion Paper No CFM-DP2016-39
CEPR Discussion Paper DP11658

Geography, Regulation and Housing Supply: Evidence from the UK
Grants

British Academy/Leverhulme Trust Small Research Grant (reference SG122737) for
project “The Effect of University Tuition Fees on Applications and Course Choice:
Evidence from a Natural Experiment in the UK” (£6,096)
Teaching
Current courses

Intermediate Macroeconomics, undergraduate, King’s College London (score: 4.7/5 in
2014, 4.3/5 in 2015 and 4.2/5 in 2016)

International Economics, undergraduate, King’s College London (score: 4.6/5 in 2015)

Principles of Economics, undergraduate, King’s College London
Past courses

Labour Economics, MSc, London School of Economics, Michaelmas 2014 (score: 93%)

Supervisor, Macroeconomics and Labour Economics (Undergraduate), Trinity College,
University of Cambridge, 2009 – 2013

Lecturer, Labour Economics (Undergraduate), Faculty of Economics, University of
Cambridge, 2010-2011. Award for best undergraduate teacher: 2010.

Lecturer, Diploma in Economics (Postgraduate), Faculty of Economics, University of
Cambridge, 2011

Teaching assistant, Macroeconomics (Undergraduate), MIT, 2005-2006. Award for best
undergraduate teacher: 2006.
Affiliations and Fellowships

Research Affiliate, CEPR – Centre for Economic Policy Research

Research Affiliate, Centre for Macroeconomics

Research Fellow, IZA – Institute of Labor Economics

Research Associate – Federal Reserve Bank of Dallas Globalization & Monetary Policy
Institute

Early Career Fellow, CRASSH, University of Cambridge: Michaelmas Term 2012
Administrative and Management Experience

Chair of the Undergraduate Examinations Board, King’s College London: 2015/16

Member of the department Executive Committee, King’s College London: 2014 – 2016

Deputy Chair of the Undergraduate Examinations Board, King’s College London: 2013 –
2015

Interviewer for undergraduate admissions, Trinity College, Cambridge: 2009 – 2013

Director of Studies in Economics, Trinity College, Cambridge: 2010 – 2013

Member of the Library Committee and Foreign Languages Committee, Trinity College,
Cambridge: 2009 - 2013

Member of the selection committee for Title A (post-doctoral) Fellowships, Trinity
College, Cambridge: 2011

Co-organizer of the 5th International Finance and Banking Society (IFABS) Conference on
“The Search for Financial Stability”, Nottingham, 2013

Co-editor of a special issue of the Journal of Banking and Finance, with papers from the
5th IFABS Conference on “The Search for Financial Stability”

Organizer of the Bank of England Financial Stability seminar series: 2007 – 2009
Other Activities

Refereeing: Journal of Economic Literature, Journal of Population Economics, Journal of
Banking and Finance, Industrial and Labor Relations Review, International Journal of
Central Banking, Fiscal Studies, Journal of Money, Credit and Banking, Journal of
International Economics, Journal of International Money and Finance, Economic
Modeling, Economic Inquiry, Manchester School, Journal of Urban Economics, Journal of
Housing Economics, Urban Studies, Economic Issues, Canadian Journal of Economics,
Economica, International Review of Economics and Finance

Research Design for Causal Inference Workshop, Northwestern Chicago: 2011

IZA Summer School in Labour Economics: 2006
Presentations at Seminar and Conferences

2016: Queen’s University Belfast, University of Sheffield

2015: Royal Economic Society Annual Meetings, Bank of Canada, European Economic
Association Annual Congress (Mannheim)

2014: Norges Bank

2013: International Finance and Banking Society Conference (Nottingham), Copenhagen
Business School, Federal Reserve Bank of Dallas

2012: Royal Economic Society Annual Meetings, Bank of England, Society of Labor
Economists (SOLE) Annual Conference (Chicago), International Finance and Banking
Society Conference (Valencia), Universidade Nova de Lisboa

2011: Sixth Annual Workshop of the CEPR Working Group on Macroeconomics of Global
Interdependence (MGI) – London Business School, University of Cambridge

2010: European Economic Association Annual Congress (Glasgow), Trinity College
Dublin, Royal Economic Society Easter School, Royal Economic Society Annual
Meetings, University of Cambridge

2009: University of Oxford, University of Cambridge, Society of Labor Economists
(SOLE) Annual Conference (Boston), INFITI Conference (Dublin), MMF Conference
(Bradford), Bank of England

2008: New Zealand Department of Labor, Bank of England, University of Warwick, Royal
Holloway, Bank for International Settlements CGFS Workshop

2007: Paris School of Economics

2006: MIT, IZA European Summer School in Labor Economics, European Association of
Labour Economists (EALE) Annual Conference (Prague), Universidade do Minho, Bank of
England
Impact
Blog Entries

Higher university fees reduce applications and attendance
LSE British Politics and Policy blog, 28 September 2015

Hard Evidence: what happens to student applications when university fees go up?
The Conversation, 10 April 2015

Low interest rates and housing booms: The role of capital inflows, monetary policy, and
financial innovation
voxEU
Media Coverage

Sá, F. (2015), “The Effect of Tuition Fees on University Applications and Attendance:
Evidence from the UK”
Times Higher Education, 6 April 2015

Sá, F. (2014), “Immigration and House Prices in the UK”
The Telegraph, 8 July 2014

Sá, F., Pascal Towbin and Tomasz Wieladek (2014), “Capital Inflows, Financial Structure,
and Housing Booms”
Financial Times, March 2011

Kubelec, C. and Filipa Sá (2012), “The Geographical Composition of National External
Balance Sheets: 1980-2005”
Financial Times, March 2010, November 2009 and April 2009

Estevão, M. and Filipa Sá (2008), “The 35-Hour Workweek in France: Straightjacket or
Welfare Improvement?”
The Economist, November 2006
Citations in Policy Documents

Speech by Andrew Haldane, Chief Economist at the Bank of England, “Rethinking the
Financial Network”, 28 April 2009

Federal Reserve Bank of San Francisco Economic Letter by John Williams, “Measuring
Monetary Policy’s Effect on House Prices”, 31 August 2015
Updated: December 2016