skip to content

Faculty of Economics

Professor Geoff Harcourt 1931-2021

Professor Geoff Harcourt 1931-2021 

The Faculty of Economics is saddened to announce world renown economist Geoff Harcourt has passed away at the age of 90.

Published on - Tuesday 7th December 2021


Where now for Economics?

Where now for Economics? 

A fascinating debate to celebrate the launch of the Janeway Institute discussed the future heading of research into economics, and examined the link between financial markets and the real economy.

Published on - Monday 6th December 2021

Tags:

Behaviour Economics

Climate Finance

Financial Markets

Policy


New £12m research centre for inclusive trade policy

New £12m research centre for inclusive trade policy 

A major new research centre on inclusive trade policy is to launch in early 2022. The Centre for Inclusive Trade Policy aims to be a centre of excellence for innovative trade policy research. It will include Co-Investigator Professor Meredith Crowley from the University of Cambridge Faculty of Economics and Janeway Institute.

Published on - Tuesday 30th November 2021

Tags:

COVID-19

Trade

Trade Policy

Trade Wars


Drastic changes in daily routines during UK lockdowns

Drastic changes in daily routines during UK lockdowns 

A new study co-authored by Dr Ines Lee indicates that some people spent an extra hour a day on chores and childcare during lockdowns, while others got an added daily hour of solo leisure time – and most of us reduced time spent on paid work by around half an hour a day.

Published on - Thursday 4th November 2021

Tags:

COVID-19

Lockdown

Inequality

Women in Economics


New Faculty visiting professor

New Faculty visiting professor 

Wei Xiong is now a Visiting Professor and Director of Research in Faculty of Economics at the University of Cambridge. His research interests centre on capital market imperfections and behavioural finance.

Published on - Wednesday 3rd November 2021

Tags:

Finance

Markets

China

Financial Crisis


Project Syndicate: Supply-Shock Therapy

Project Syndicate: Supply-Shock Therapy 

Research by Professors Matt Elliott and Vasco Carvalho into supply chain issues has been quoted in a timely feature on supply chain disruption and published by Project Syndicate.

Published on - Thursday 28th October 2021

Tags:

Firms

Natural Disasters

Networks

Supply Chains


New Janeway Institute to transform economic research

New Janeway Institute to transform economic research 

Disseminating research at the frontier of economics is just one of the roles of a new research institute which will shape young minds and transform economic research. The new Weslie and William Janeway Institute for Economics will be primarily funded by Weslie and William Janeway.

Published on - Wednesday 13th October 2021

Tags:

Climate Change

Digital Economy

Epidemics

Gender


New Faculty Director of Research

New Faculty Director of Research 

Professor Peng’s diverse research interest covers the area of social networks, behavioural finance, ESG, and corporate governance. Her research has been published in leading economics and finance journals. Currently she is the Krell Chair Professor in Finance at Zicklin School of Business, Baruch College, City University of New York.

Published on - Monday 18th October 2021

Tags:

Social Networks

Behavioural Finance

ESG

Corporate Governance


The value of sick pay: older workers & women often get less

The value of sick pay: older workers & women often get less 

Women and older workers are less likely to have access to employer-provided sick pay, according to Dr Christopher Rauh, from the Covid Inequality Project. The research has also found that workers in jobs that cannot be done from home are particularly unlikely to have sick pay.

Published on - Thursday 9th September 2021

Tags:

Age

COVID-19

Gender

Workers


Sir Partha Dasgupta awarded Kew International Medal

Sir Partha Dasgupta awarded Kew International Medal 

Professor Sir Partha Dasgupta awarded Kew International Medal for work to protect nature and stop biodiversity loss. The Economist was selected by the Royal Botanic Gardens, Kew to receive the prestigious award following his ground-breaking report The Economics of Biodiversity.

Published on - Wednesday 8th September 2021

Tags:

Biodiversity

Climate Change

Environment

Awards


Is marriage for white people? The US racial marriage divide

Is marriage for white people? The US racial marriage divide 

Are higher rates of incarceration and unemployment responsible for lower marriage rates among the black population in the US? Christopher Rauh has highlighted the difference in the marriage rates between black and white people in the US.

Published on - Monday 6th September 2021

Tags:

Ethnicity

Inequality

Marriage

US


Professor Jayasri Dutta Obituary

Professor Jayasri Dutta Obituary 

The Faculty of Economics and the University of Cambridge is saddened to announce that a former member of the Faculty, Professor Jayasri Dutta, has passed away at the age of 68.

Published on - Tuesday 3rd August 2021

Tags:

Corruption

Keynes

Euro

Public Goods


Economics Undergraduate Wins the Ellen McArthur Prize

Economics Undergraduate Wins the Ellen McArthur Prize 

Natasha May from Emmanuel College has won the prize for best dissertation in Economic History. The selectors judged Natasha’s dissertation on ‘Investment and the Nazi economic recovery’ to be the best contribution to economic history submitted this year.

Published on - Thursday 22nd July 2021

Tags:

Awards

Investment

Economic Recovery

Economic History


Women Economists Under-Represented in UK Academia

Women Economists Under-Represented in UK Academia 

Women are underrepresented at almost every level within the discipline of economics in UK academia, according to a report by the Royal Economics Society co-authored by Dr Victoria Bateman.

Published on - Tuesday 13th July 2021

Tags:

Gender

Gender Gap

Inequality

Women in Economics


The VC Effect: The Right Tech at the Right Time?

The VC Effect: The Right Tech at the Right Time? 

William Janeway researches the relationship between venture capital booms and startups. He examines the way they are related to but also distinct from macroeconomic business cycles and stock market fluctuations.

Published on - Monday 5th July 2021

Tags:

Finance

Innovation

Startups

Technology


European Union Politics Publish MPhil Paper

European Union Politics Publish MPhil Paper 

Eddy Yeung, a former University of Cambridge MPhil student, has been published in the academic journal, European Union Politics.

Published on - Monday 19th July 2021

Tags:

Euroscepticism

Immigration

Brexit

Political Economics


Celebrated Economist Geoff Harcourt at 90

Celebrated Economist Geoff Harcourt at 90 

The famous Cambridge economist & author of Some Cambridge Controversies in the Theory of Capital Professor Geoff Harcourt, is celebrating his 90th Birthday.

Published on - Monday 28th June 2021

Tags:

Keynes

Theory of Capital

post-Keynesian

post-Kaleckian


Undergraduate Achievements Topped with Adam Smith Prizes

Undergraduate Achievements Topped with Adam Smith Prizes 

Three Undergraduate students in the Faculty of Economics have been awarded prizes following a superlative exam performance.

Published on - Thursday 1st July 2021

Tags:

Awards

Microeconomics

Development

Climate Change


Vasco Carvalho Reflects on the Success of Cambridge-INET

Vasco Carvalho Reflects on the Success of Cambridge-INET 

The Cambridge-INET Institute was created in the wake of the Global Financial Crisis and advances innovative approaches in economics.

Published on - Friday 18th June 2021

Tags:

Networks

Transmission Mechanisms

Financial Markets

Information


COVID-19: How the Faculty Researched the Pandemic in Real Time

COVID-19: How the Faculty Researched the Pandemic in Real Time 

Dr Flavio Toxvaerd talks about the importance of the Faculty’s research into the current and future pandemics.

Published on - Thursday 17th June 2021

Tags:

COVID-19

Vaccines

Lockdown

social distancing


Peter Bossaerts Awarded Leverhulme International Professorship

Peter Bossaerts Awarded Leverhulme International Professorship  

Professor Peter Bossaerts has been awarded the Leverhulme International Professorship at the University of Cambridge Faculty of Economics.

Published on - Monday 17th May 2021

Tags:

Neuroeconomics

Decision Neuroscience

Financial Markets

Computer Science


University Admissions could do with a Matchmaker

University Admissions could do with a Matchmaker 

Dr Aytek Erdil has proposed a major shake-up of the university admissions system in the UK. The key to his Post-Qualification Admissions model is to have UCAS act as a ‘matchmaker’, using the Gale-Shapley algorithm.

Published on - Friday 14th May 2021

Tags:

Admissions

University

Student Admissions

Teaching


New Keynes Fund PhD Students Small Awards Scheme

New Keynes Fund PhD Students Small Awards Scheme 

The Keynes Fund at the Faculty of Economics has appended another funding stream for PhD students to apply for small grants outside the main funding process.

Published on - Wednesday 12th May 2021

Tags:

Keynes

Applied Economics

Awards

PhD


The Gender Gap in Mental Health Widened by Lockdowns

The Gender Gap in Mental Health Widened by Lockdowns 

Women, the young, and the less educated have borne the brunt of mental health issues resulting from lockdowns, which has often exacerbated job and earnings losses, according to research by Dr Christopher Rauh

Published on - Friday 30th April 2021

Tags:

COVID-19

Lockdown

Gender Gap

Mental Health


Behavioural Responses to the Vaccine Rollout

Behavioural Responses to the Vaccine Rollout 

Now that the Covid vaccine rollout is in full swing, changes to our behaviour are starting to emerge. New research by Dr Toxvaerd shows how these changes are impacting how many people act in public.

Published on - Tuesday 27th April 2021

Tags:

COVID-19

Vaccines

Behavioral Responses

Policy Responses


New Gift to Promote Study of Egalitarian Capitalism

New Gift to Promote Study of Egalitarian Capitalism 

A gift from Gavin Oldham (Trinity 1968), Chair and CEO of Share PLC, will fund a new programme of research to study egalitarian capitalism at the University of Cambridge.

Published on - Monday 29th March 2021

Tags:

Capitalism

Inequality

Economic Theory


The Keynes Fund: Research into an Inefficient Market

The Keynes Fund: Research into an Inefficient Market 

Dr Toke Aidt explains how the Keynes Fund operates. It has been responsible for supporting many researchers who have provided fascinating insights into economics and the way markets work.

Published on - Wednesday 24th March 2021

Tags:

Keynes

Applied Economics

Market Allocations

Inefficiencies


Oliver Linton Elected Society for Financial Econometrics President

Oliver Linton Elected Society for Financial Econometrics President 

The Society for Financial Econometrics is a global network of academics and practitioners dedicated to sharing research and ideas in the fast growing field of financial econometrics.

Published on - Tuesday 6th April 2021

Tags:

Finance

Econometrics

Models

Methods


Predicting When Conflict Breaks Out: A Hard Problem

Predicting When Conflict Breaks Out: A Hard Problem 

Dr Christopher Rauh is proposing a new model for forecasting conflict, which could predict when outbreaks of violence might escalate and spill into armed conflict.

Published on - Thursday 25th March 2021

Tags:

Conflict

Prediction

Models

Risk Estimation


Why Communications Should be Transparent

Why Communications Should be Transparent 

Dr Petra Geraats outlines her work on a new code for transparency, in a call for openness published by the International Monetary Fund.

Published on - Tuesday 23rd March 2021

Tags:

Central Banks

Transparency

Monetary Policy

Women in Economics


How Supply Chain Disruptions Led to a Wide Economic Impact of 2011 Japan Earthquake

How Supply Chain Disruptions Led to a Wide Economic Impact of 2011 Japan Earthquake  

Supply chains can render localized environmental disasters into a much larger economy-wide downturn, according to Professor Carvalho at the Faculty of Economics.

Published on - Monday 15th March 2021

Tags:

Economic Downturn

Environment

Natural Disasters

Supply Chains


Professor Lucia Reisch appointed to El-Erian Professorship

Professor Lucia Reisch appointed to El-Erian Professorship 

The Faculty of Economics is delighted to announce that Professor Lucia A. Reisch, Dr. oec., has been appointed to the El Erian Professor of Behavioural Economics and Policy.

Published on - Monday 8th March 2021

Tags:

Appointments

El Erian Professor

Behavioural Economics

Policy


Complex Interactions Between Parents and Children Summarised

Complex Interactions Between Parents and Children Summarised 

Whether a child is brought up by active or laid back parents can have a significant impact on their personality in later life, according to new research by Dr Christopher Rauh.

Published on - Monday 22nd February 2021

Tags:

Parenting

Human Capital

Inequalities

Machine Learning


Social Distancing: Does Voluntary or Mandated Distancing have more Economic Impact?

Social Distancing: Does Voluntary or Mandated Distancing have more Economic Impact? 

New research by Professor Giancarlo Corsetti questions the assumption that voluntary social distancing has less economic impact than mandated social distancing in the current pandemic.

Published on - Monday 1st March 2021

Tags:

COVID-19

Social Distancing

Recession

Infectious Diseases


Venture Capital in the 21st Century

Venture Capital in the 21st Century 

Dr William H Janeway, an affiliated member of the Faculty of Economics, has launched a new video series that explores economic growth and development through technological innovation.

Published on - Monday 15th February 2021

Tags:

Capitalism

Economic Growth

Technology

Venture Capital


Gendered Economic Impact of Coronavirus

Gendered Economic Impact of Coronavirus 

A new report on the gendered economic impact of the current coronvirus pandemic features Dr Christopher Rauh. It says the government risks turning the clock back on gender equality.

Published on - Tuesday 9th February 2021

Tags:

COVID-19

Gender

Inequalities

Labour Market


Smart Sovereign Credit Ratings Suggest Global Warming Downgrades

Smart Sovereign Credit Ratings Suggest Global Warming Downgrades 

The first sovereign credit rating to directly include climate science shows that many national economies can expect downgrades to occur within a decade unless action is taken to reduce emissions.

Published on - Thursday 18th March 2021

Tags:

Climate Change

Development

Credit Rating

Global Capital


Keynes Fund 18th Call for Projects

Keynes Fund 18th Call for Projects 

The Keynes Fund has announced it's 18th Call for Projects. The deadline for project proposals is 26th March 2021. Please see the Keynes Fund site for the criteria and details of the project applications process.

Published on - Monday 1st February 2021

Tags:

Keynes

Applied Economics

Inefficiencies

Market Allocations


Dr Sriya Iyer Appointed Keynes Fund Deputy Director

Dr Sriya Iyer Appointed Keynes Fund Deputy Director 

Dr Sriya Iyer has been appointed Deputy Director of the Keynes Fund, which promotes quality research in economics and finance at the University of Cambridge.

Published on - Monday 8th February 2021

Tags:

Keynes

Appointments

Market Allocations

Inefficiencies


Call to Transform Economics to Halt Natural World Destruction

Call to Transform Economics to Halt Natural World Destruction 

Nations will have to rethink economic growth as a measure of success if they want to make good on pledges to halt the destruction of the natural world, according to a report co-authored by Prof Dasgupta.

Published on - Tuesday 2nd February 2021

Tags:

Biodiversity

Climate Change

Environment

Economic Growth


Eurozone Shocks Impact Outside the Eurozone

Eurozone Shocks Impact Outside the Eurozone 

New research by Professor Giancarlo Corsetti suggests that monetary and economic shocks in the Eurozone have a significant impact in neighbouring countries outside the zone. But this impact is no different in countries which peg their currency to the euro, than in countries with a flexible exchange rate, such as the UK.

Published on - Monday 1st February 2021

Tags:

Eurozone

Exchange Rates

Shocks

Monetary


Rebuilding a Resilient Britain: Trade and Aid

Rebuilding a Resilient Britain: Trade and Aid 

Dr Meredith Crowley has contributed to a report for the Government Office for Science on Rebuilding a Resilient Britain: Trade and Aid. Dr Crowley was part of a working group which produced the report, identifying existing evidence, and gaps in the evidence base.

Published on - Tuesday 26th January 2021

Tags:

COVID-19

Trade

UK

Women in Economics


US GDP Drop Following Paris Accord is at Most 0.6%

US GDP Drop Following Paris Accord is at Most 0.6% 

The United States plans to rejoin the Paris climate accord. Faculty academics have examined what this means for the US economy & GDP. They suggest a carbon tax of 32.3% is needed for US to achieve its original Paris pledge, which might cause US GDP to fall up to 0.6%.

Published on - Friday 22nd January 2021

Tags:

Climate Change

US

Policy

GDP


Report: Contribution to Strategy Review of European Central Bank

Report: Contribution to Strategy Review of European Central Bank 

Dr. Petra Geraats's contribution to the strategy review of the European Central Bank (ECB) has been published in a report by the Institute for Monetary and Financial Stability (IMFS) in Frankfurt.

Published on - Wednesday 6th January 2021

Tags:

Central Banks

Transparency

Monetary Policy

Women in Economics