Abdoulaye Ndiaye

Assistant Professor of Economics, New York University, Stern School of Business

Theme Leader (The Role of the Public Sector), Structural Change and Economic Growth (STEG) 

Research Affiliate, Centre for Economic Policy Research (CEPR)

Research Network Affiliate, CESifo

Member, Human Capital and Economic Opportunity Global Working Group (HCEO) 

Primary field: Macroeconomics

Secondary fields: Public Finance, Development Economics, Political Economy

Curriculum Vitae

Email: abdou.ndiaye@nyu.edu

In Spring 2025, I will be visiting the Becker Friedman Institute at the University of Chicago

A thematic summary of my research is available here.

Working Papers


Minneapolis FED OIGI Working Paper #19230, under review

Joshua Coven, Sebastian Golder, Arpit Gupta, and Abdoulaye Ndiaye

Link | BibTex citation | Slides | Summary thread 

Media coverage: Bloomberg, Minneapolis Fed, Homes.com, CoStar News, Arpitrage, The Roundup, NYU Stern Research Highlights,


NBER Working Paper #31722, under review
Meghana Gaur, John Grigsby, Jonathon Hazell, and Abdoulaye Ndiaye

Link | BibTex citation | Summary thread 

Media coverage: Marginal Revolution, NYU Stern Research Highlights, Atlanta Fed


NBER Working Paper #32730
Bocar A. Ba, Abdoulaye Ndiaye, Roman G. Rivera, and Alexander Whitefield

Link | BibTex citation 


CEPR Discussion Paper #18890, under review
Abdoulaye Ndiaye

Link | BibTex citation 

Media coverage: a16z Crypto Research


CEPR Discussion Paper #19666, under review
Abdoulaye Ndiaye
Link | BibTex citation
Media coverage: a16z Crypto Research


Under Revision



Reject & Resubmit at Quarterly Journal of Economics
Abdoulaye Ndiaye

Link | BibTex citation | Online Analytic Appendix | Online Computational Appendix
Media coverage: Chicago Fed letter


Revise & Resubmit at Journal of International Economics
Abdoulaye Ndiaye

Link | BibTex citation | Summary thread

Media coverage: NPR Marketplace

Publications


Forthcoming in Journal of Monetary Economics
Abdoulaye Ndiaye, Kyle Herkenhoff, Abdoulaye Cisse, Alessandro Dell'Acqua, and Ahmadou A. Mbaye

Link | BibTex citation | Summary thread | Replication files | Audio Overview

Media coverage: VoxDev, Brookings Africa Growth Initiative, World Bank


Journal of Political Economy Macroeconomics, vol. 1, num. 2, pp. 371-402, June 2023
Pawel Doligalski, Abdoulaye Ndiaye, and Nicolas Werquin

Link | BibTex citation | Summary Thread
Media coverage: Minneapolis Fed OIGI


Forthcoming in ACM FC 2024: Proceedings of the International Conference on Financial Cryptography and Data Security
Abdoulaye Ndiaye

(In computer science, conferences  are peer-reviewed and are the primary publication outlet)

Link | BibTex citation 

Selected Ongoing Research


Radhika Goyal, Andres Jensen, David Lagakos, and Abdoulaye Ndiaye


In the field. DigiFi grant. Location: Kanifing, The Gambia

Hamidou Jawara, Justine Knebelmann, Joseph Levine, Abdoulaye Ndiaye, and Victor Pouliquen


Olalekan Bello, Simone Lenzu, Toni Oki, and Abdoulaye Ndiaye


Data collection completed. Location: Ghana

Francis Annan and Abdoulaye Ndiaye


Abdoulaye Ndiaye and Zhixiu Yu

Policy Papers

Financing unemployment insurance in high-informality economies: A survey analysis of Senegal
Brookings Policy Brief, Global Economy & Development, 2023
Ahmadou Aly Mbaye, Abdoulaye Ndiaye, Kyle Herkenhoff, Abdoulaye Cisse, and Alessandro Dell’Acqua

Reforming Social Security to Save Social Security
Chicago Fed Letter, 2019 No 419
Abdoulaye Ndiaye and Lisa Camner McKay

Gestion Optimale des Réserves de Change dans l'UEMOA, 2016
Abdoulaye Ndiaye

Assessing the Inclusiveness of Growth in Africa: Evidence from Senegal, Cameroon, and Tanzania
World Institute for Development  Economics Research Working Paper, 2014/120
Georges Vivien Houngbonon, Arthur Bauer, Abdoulaye Ndiaye, Clara Champagne, Tite Yokossi, Nathalie Ferrière, Hédi Brahimi, and Jeanne Avril

Discussions

"Taxing Water Usage in Developing Countries: Theory and Evidence from Mexico" by Alejandro Estefan at National Tax Association Meetings 2023

"Expansion of Piped Water and Sewer Networks: The Effects of Regulation" by Bruna Morais Guidetti and Carolina Tojal Ramos dos Santos at National Tax Association Meetings 2023

"Larger transfers financed with more progressive taxes? On the optimal design of taxes and transfers" by Ferriere, Grubener,  Navarro, and Vardishvili at National Tax Association Meetings 2021

"Optimal Fiscal Policy in a Model with Uninsurable Idiosyncratic Shocks" by Sebastian Dyrda and Marcelo Pedroni at National Tax Association Meetings 2021

"The Taxation of Couples" by Felix Bierbrauer, Pierre Boyer, Andreas Peichl, and Daniel Weishaar at National Tax Association Meetings 2020

"Politics and Income Taxes: Progress and Progressivity" by Marcus Berliant and Pierre Boyer at National Tax Association Meetings 2020

"Capitalist Human Capital" by Vincenzo Quadrini, Qi Sun, and Yicheng Wang at Tsinghua Workshop in Macroeconomics 2019

``Politically feasible reforms of non-linear tax systems" by Felix J. Bierbrauer and Pierre C. Boyer at Fourth Taxation Theory Conference 2018

``Income Taxation, Firing Costs and Insurance within Firm'' by Pawel Doligalski at National Tax Association Meetings 2017 

``Inverse December Fever'' by Zareh Asatryan, Andreas Peichl, Thomas Schwab, and Johannes Voget at National Tax Association Meetings 2017 

Lecture Notes

PhD Macro Public Finance

Syllabus

Part I - Classical Public Finance Revisited

Lecture 0: Introduction to Macro Public Finance Slides, Lecture Notes

Lecture 1: Commodity Taxation and Productive Efficiency

Lecture 2: Wealth and Capital Taxation in Ramsey Model: Chamley-Judd Slides

Lecture 3: Wealth and Capital Taxation Revisited: Straub-Werning Slides

Lecture 4: Nonlinear Income Taxation Slides, Deterministic Optimal Control Notes

Part II - Dynamic Income Taxation

Lecture 5: Dynamic Taxation I: Capital Taxation Slides

Lecture 6: Dynamic Taxation II: Labor Income Taxation Slides

Lecture 7: Optimal Taxation with Endogenous Wages
Slides:Optimal Taxation and Human Capital Policies, S. Stantcheva
Slides: Redistribution and Performance Pay, P. Doligalski, A. Ndiaye, N. Werquin

Lecture 8: Disability Insurance Slides

Part III - Contemporary Topics in Macro PF

Lecture 9: Taxation and Aggregate Shocks Slides

Lecture 10: Efficiency of Wealth vs Capital Gains Taxation
Slides:  Use it or Lose it: Efficiency Gains from Wealth Taxation, Guvenen et al.
Slides:  Efficient Redistribution, Boar and Midrigan

Lecture 11: Gender

Lecture 12: Discrimination and Racial Inequality Slides

Macro Development for Policymakers

Syllabus

Lecture1: Intro to Macro Development

Lecture 2: Growth, Infrastructure, and Technological Change

Lecture 3: Productivity and Human Capital in Developing Countries

Lecture 4: Agriculture, Manufacturing, and Services: Key Concepts of Structural Transformation

Students

2024-2025: Abdoulaye Cissé, UC Berkeley ARE
Placement: On the 2024/2025 Job Market (letter writer)

2023-2024:  Alessandro Dell'Acqua, NYU Stern Predoc
Placement: PhD in Economics, UC Berkeley

2022-2023: Yifan Shi, NYU Research Assistant
Placement: Predoc in Finance, Kellogg

2018-2019: Richard De Thorpe, Chicago Fed Predoc
Placement: PhD in Economics, Princeton