Latest News
UK Eyes Post-Brexit Trade Deal with Japan
Dr. Meredith Crowley was quoted in the Japan Times article "As UK eyes post-Brexit trade deal with Japan, its hand may not be as strong as it thinks", discussing the prospects for a Japan-UK Free Trade Agreement post-Brexit.
Published on - Thursday 17th October 2019
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Thought Experiment Lecture at the Cabinet Office
Professor Sheilagh Ogilvie will give the Thought Experiment Lecture at the Cabinet Office on Friday 18 October. Sheilagh will lecture to officials from Cabinet Office, HM Treasury, and Number 10 on the theme of “Institutions and Economic Growth: Cautionary Tales from History”. Read More>>
Published on - Monday 14th October 2019
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UK Tweaks Tariffs Amid No-Deal Brexit Countdown
Dr. Meredith Crowley was quoted in the Guardian newspaper article "UK tweaks tariffs amid no-deal Brexit countdown", which looks at the recent changes made to the temporary tariff schedule by Department for International Trade, in preparation for the UK leaving the EU.
Published on - Thursday 10th October 2019
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UK Revises No Deal Tariffs
Dr. Meredith Crowley was on BBC Radio 4's Today Programme discussing the government's new plan for tariffs under a no deal Brexit. You can listen to the programme on the BBC website (starts at 1h 46m).
Published on - Tuesday 8th October 2019
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Brexit and Global Trade
Dr. Meredith Crowley was quoted in The New York Times article "Global Trade is Deteriorating Fast and Sapping the World’s Economy", regarding the negative impact that Brexit is having on the growth of global trade.
Published on - Tuesday 1st October 2019
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Market Power and Innovation in the Intangible Economy
A recent paper by PhD Candidate Maarten De Ridder of the Faculty of Economics was discussed in yesterday’s speech by ECB Vice-President Luis de Guindos. De Guindos summarized Market Power and Innovation in the Intangible Economy, which is Maarten’s Job Market Paper for the year 2019-2020.
Published on - Wednesday 25th September 2019
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Faculty Articles Recommended for Undergraduate Teaching
Professor Vasco M. Carvalho, Professor Sheilagh Ogilvie and Professor Sir Partha Dasgupta have all had papers submitted to the Journal of Economic Perspectives, by fellow Professor's, as articles that have found useful to support teaching.
Published on - Tuesday 24th September 2019
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Council of the Game Theory Society
Professor Sanjeev Goyal has been elected to the Council of the Game Theory Society. The Game Theory Society is an international society for the advancement of game theory and its applications and the Council acts as the governing board of the Society. Read More>>
Published on - Monday 23rd September 2019
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Guilds and Inclusiveness Keynote
Professor Sheilagh Ogilvie will give the opening keynote lecture on 19th September 2019 at the annual conference of the World Interdisciplinary Network for Institutional Research (WINIR). The theme of the conference is "Institutions for Inclusive Societies". Sheilagh's lecture is on "Guilds and Inclusiveness", drawing on the findings of her recent book, The European Guilds: An Economic Analysis. Read More>>
Published on - Wednesday 18th September 2019
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What Does the Oil Price Surge Mean for the UK Economy?
Dr. Kamiar Mohaddes's paper "Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis" (joint with M. Hashem Pesaran, University of Southern California) has been covered in an article by the Telegraph, "What does the oil price surge mean for the UK economy?".
Published on - Tuesday 17th September 2019
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The European Guilds - Tides of History Podcast
Professor Sheilagh Ogilvie has recorded a podcast on her book, The European Guilds, for Tides of History, an online documentary program dedicated to exploring how history helps us understand our world and how it got to be the way it is. You can listen to Sheilagh’s podcast here.
Published on - Monday 27th May 2019
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Review of World Economics Young Economist Prize
Faculty of Economics Research Associate Dr. Lu Han has been awarded the Review of World Economics Young Economist Prize 2019 for his paper "The Mutable Geography of Firms' International Trade: Evidence and Macroeconomic Implications". Read More>>
Published on - Tuesday 10th September 2019
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Biological Extinction
Professor Sir Partha Dasgupta has edited a new book "Biological Extinction". The book was edited jointly with Peter Raven (Missouri Botanical Garden) & Anna McIvor (University of Cambridge), and was published in August 2019 by the Cambridge University Press.
Published on - Friday 6th September 2019
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The Economic Consequences of the Peace Blog
To celebrate the centenary of "The Economic Consequences of the Peace" by John Maynard Keynes, the Marshall Library has been publishing a series of blogs about the publication, reception and reaction to Keynes's famous book. The latest post "Standing Room Only" discusses how Keynes gave themed lectures on the topic of the Peace shortly after writing the book. Read More>>
Published on - Wednesday 4th September 2019
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Dollars and sense: The sterling depreciation and UK price competitiveness
Professor Giancarlo Corsetti, Dr. Meredith Crowley, and Lu Han have published an article for VOXeu titled "Dollars and sense: The sterling depreciation and UK price competitiveness". This column shows that UK export price response to depreciation depends on the currency in which UK firms invoice their cross-border transactions.
Published on - Wednesday 28th August 2019
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The chilling economic effects of Brexit uncertainty are intensifying
Dr. Meredith Crowley, Oliver Exton, and Lu Han's paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", which looks into the effect of Brexit on exports, has been quoted by the Economist.
Published on - Tuesday 27th August 2019
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Climate Change Could Shrink the Economies of Virtually all Countries
Dr. Kamiar Mohaddes's paper "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis" (joint with Matthew E. Kahn, Ryan N.C. Ng, M. Hashem Pesaran, Mehdi Raissi, and Jui-Chung Yang) has been highlighted in an article by the University of Cambridge's Research News. Read More>>
Published on - Tuesday 20th August 2019
Tags:Fast Trading and the Virtue of Entropy
Professor Giancarlo Corsetti, Romain Lafarguette and Arnaud Mehl have published an article for VOXeu titled "Fast Trading and the Virtue of Entropy". This column argues that high-frequency trading can increase market efficiency and the quality of trade.
Published on - Wednesday 14th August 2019
Tags:What Free Ports Can and Can’t Achieve
Dr. Meredith Crowley was quoted in The Economist article "What free ports can and can’t achieve", regarding the government's new policy to create free ports or free trade zones. It is proposed there will be ten of the new tariff-free zones around the UK, post-Brexit.
Published on - Friday 9th August 2019
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Professor Willy Brown 1945-2019
The Faculty of Economics is saddened to announce the sudden and unexpected death of Professor William (Willy) Brown on 1st August 2019. Professor Brown held the position of Professor of Industrial Relations from 1985 (Emeritus from 2013) at the Faculty of Economics.
Published on - Tuesday 6th August 2019
Freeports Advisory Panel
Dr. Meredith Crowley has been appointed to serve on the Freeports Advisory Panel at the Department for International Trade under Secretary of State Liz Truss. This Panel has been set up to ensure the UK is ready to trade post-Brexit.
Published on - Monday 5th August 2019
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Fast Trading and the Virtue of Entropy 
Professor Giancarlo Corsetti has just published a paper in the European Central Bank's (ECB) Working Paper Series. The paper "Fast Trading and the Virtue of Entropy: Evidence from the Foreign Exchange Market" is joint with Romain Lafarguette and Arnaud Mehl.
Published on - Wednesday 31st July 2019
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Advances in the Economics of Religion
Dr. Sriya Iyer's co-edited volume "Advances in the Economics of Religion" is the featured publication on the International Economic Association (IEA) home page. This book is the outcome of the IEA Roundtable on The Economics of Religion which was hosted at St Catharine's College, Cambridge in 2017 and co-sponsored by Cambridge-INET.
Published on - Monday 29th July 2019
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Dr. Matt Elliott joins Cambridge-INET as a Coordinator
Cambridge-INET is delighted to announce that Dr. Matt Elliott will be joining as a Coordinator for the Networks, Crowds and Markets research theme, on the 1st August 2019. Read More>>
Published on - Thursday 18th July 2019
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Symposium on Competition Policy
Dr. Flavio Toxvaerd organised a Symposium on Competition Policy at Clare College Cambridge, on the 17th of May 2019. The Bennett Institute have added videos of the days presentations to their website. Read More>>
Published on - Thursday 18th July 2019
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Debt Sustainability Assessments - The State of the Art
Professor Giancarlo Corsetti was invited to discuss "Debt Sustainability Assessments - The State of the Art" at the International Monetary Fund, by the IMF Strategy and Policy Review Department, on July 15th 2019. Read More>>
Published on - Wednesday 17th July 2019
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Plan to Make a Step Change in UK Economic Growth
The Faculty is delighted to announce that Rhys Williams, Nick Robin and Dano Meiske (formerly BA, MPhil in Economics and MPhil in Economic Research students) have won a joint first prize for their part in the public policy paper Decentralising Britain: The 'big push' towards inclusive prosperity" (joint with Romain Esteve, Martin Kabrt, Agata Makowska and Farooq Sabri), from Institute for Public Policy: The Progressive Policy Think Tank.
Published on - Thursday 11th July 2019
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Advances in the Economics of Religion
Dr. Sriya Iyer is the co-editor (with Jean-Paul Carvalho and Jared Rubin) of a new volume title "Advances in the Economics of Religion". This new book is the outcome of the International Economic Association Roundtable on The Economics of Religion which was hosted at St Catharine's College, Cambridge in 2017.
Published on - Wednesday 10th July 2019
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RES 2020 Conference - Call for Papers
The Royal Economic Society's 2020 Annual Conference will be hosted by Queen's University Belfast on 6-8 April 2020. Submissions of papers are invited for the General Sessions. The closing date for submitting papers is Monday 30th September 2019.
Published on - Wednesday 10th July 2019
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Production Networks in Macroeconomics
Professor Vasco Carvalho was asked to give a keynote address at the 2019 ESCoE Conference on Economic Measurement. The series of ESCoE Conferences on Economic Measurement aim to promote research on economic measurement and increase dialogue between academic economists, national statisticians and statistics users to improve economic measurement. Read More>>
Published on - Wednesday 10th July 2019
Tags:Market Power and Innovation
PhD candidate Maarten de Ridder has written a VoXEU column on the slowdown of productivity growth, the decline in business dynamism, and the rise of market power. He shows that these trends can be explained by the rising use of intangible inputs such as information technology and software.
Published on - Wednesday 3rd July 2019
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Impacts of Brexit Report
Dr. Meredith Crowley was involved in writing a new academic report that evaluates the impacts of Brexit so far. The Brexit Scorecard report has been conducted by the academic think tank The UK in a Changing Europe, and rates impact in four areas: the economy and public finances, fairness, openness and control.
Published on - Monday 24th June 2019
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Oil Revenue Volatility, Sanctions and Mismanagement
Dr. Kamiar Mohaddes gave a presentation on the 21st of June 2019 entitled “Oil Revenue Volatility, Sanctions and Mismanagement: Lessons from Iran” at Panel on the "Impact of 'Maximum Pressure' Sanctions on Iran" at the London School of Economics. Read More>>
Published on - Monday 24th June 2019
Tags:Is the U.S. Still Driving Globalization?
Dr. Meredith Crowley was quoted in an article by the New York Times which discusses the changing position of the U.S. in globalization and the world order, particularly in light of President Trump's current China U.S. trade war and the tariffs imposed on Mexico.
Published on - Thursday 20th June 2019
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Firms and Growth
Professor Pete Klenow gave this years Sir Richard Stone Lecture on "Firms and Growth". While Professor Klenow was in Cambridge he also took the time to discuss his "Firms and Growth" research with PhD student Oliver Exton. The video of his Stone Lecture, the question and answer session held after, and his discussion with Oliver are all available on the Stone Lectures site.
Published on - Thursday 20th June 2019
Tags:UK in a Changing Europe
Dr. Meredith Crowley has been made one of nine Senior Fellows by the ESRC for her research into "UK Trade Policy post-Brexit". The UK in a Changing Europe Hub has been given an additional £3.19 million, which will enable the hub to run for a further three years. Read More>>
Published on - Wednesday 19th June 2019
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Cambridge Finance Best Student Paper Award 2019
The Faculty is delighted to announce that Margit Reischer (PhD student) is one of the two winners of this year's Cambridge Finance Best Student Paper Award 2019 for her "Finance-Thy-Neighbor. Trade Credit Origins of Aggregate Fluctuations" working paper. The award was presented by Prof. Bart Lambrecht (Director of both Cambridge Centre for Finance (CCFin) and Cambridge Endowment for Research in Finance (CERF)) on 14th June 2019.
Published on - Monday 17th June 2019
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Keynes Fund 15th Call for Projects
The Keynes Fund has announced it's 15th Call for Projects. The deadline for project proposals is 20th September 2019. Please see the Keynes Fund site for the criteria and details of the project applications process.
Published on - Friday 14th June 2019
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Faculty Academic Promotions and Appointments 2019
The Faculty is very pleased to announce that Dr Chryssi Giannitsarou and Dr Donald Robertson have been promoted to University Readerships and that Dr Sriya Iyer has been appointed to University Readership and will join the Faculty in that capacity in September.
Published on - Thursday 13th June 2019
The Nature of Social Reality: Issues in Social Ontology
Professor Tony Lawson's new book "The Nature of Social Reality: Issues in Social Ontology" has been published by Routledge. It is part of their Economics as Social Theory series.
Published on - Wednesday 12th June 2019
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How Women Made the West Rich
Dr Victoria Bateman gave a talk and participated in a panel conversation at this years Hay Festival. Both were about her new book: The Sex Factor - How Women Made the West Rich.
Published on - Friday 7th June 2019
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How to Change Your Mind?
Dr. Julia Shvets took part in a Freakonomics podcast that posed the question "How to change your mind?". Dr. Shvets discussed her research on overconfidence (joint with David Huffman and Collin Raymond), which was funded by the Faculty of Economics's Keynes Fund. Read More>>
Published on - Thursday 6th June 2019
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What would a US-UK trade deal look like?
Dr. Meredith Crowley spoke to BBC News about a potential US-UK trade deal, along with David Henig (UK Director of European Centre For International Political Economy). You can watch the discussion on BBC presenter Christian Fraser's Twitter feed.
Published on - Wednesday 5th June 2019
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Institutions and Macroeconomic Policies in Resource-Rich Arab Economies
Dr. Kamiar Mohaddes's edited volume "Institutions and Macroeconomic Policies in Resource-Rich Arab Economies", joint with Jeffrey B. Nugent (University of Southern California) and Hoda Selim (International Monetary Fund), has just been published by Oxford University Press. Read More>>
Published on - Friday 31st May 2019
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Trade War: The Clash of Economic Systems Threatening Global Prosperity
Dr. Meredith Crowley is the editor of a new CEPR Vox eBook, "Trade War: The Clash of Economic Systems Threatening Global Prosperity". The eBook was launched today via the CEPR website and is acompanied by a VoxEU column introduction, written by Dr. Crowley.
Published on - Thursday 30th May 2019
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Optimal
Monetary Stabilization in Response to Inefficient Capital Flows
Professor Giancarlo Corsetti has been invited to the Bank of Japan-IMES 2019 conference in Tokyo, to speak on "Optimal Monetary Stabilization in Response to Inefficient Capital Flows". The conference runs from 29th - 30th May 2019. Read More>>
Published on - Wednesday 29th May 2019
Tags:Posthumus Annual Conference - Ogilvie Keynote lecture
Professor Sheilagh Ogilvie gives the keynote lecture to launch the Annual N. W. Posthumus Conference in Ghent on 28 May 2019. The theme of this year’s conference is “Institutions and Innovation”. Read More>>
Published on - Monday 27th May 2019
Tags:US-China Trade War
Dr. Meredith Crowley gave two interviews about the ongoing US-China trade war. The first was the lead story for the BBC World Service - World Update "Trump imposes tariffs on China" and the second for BBC World News - TV Impact, "Will the US and China reach a deal?". She was also quoted in the article "Who loses out in the US-China trade war?", featured on the BBC website.
Published on - Tuesday 14th May 2019
Tags:Long-Term Growth Effects of Climate Change
Dr. Kamiar Mohaddes gave a presentation on the 10th May 2019 entitled "Long-Term Growth Effects of Climate Change" at the Climate Change and Central Banking Workshop in Ottawa, organized by the Bank of Canada.
Published on - Monday 13th May 2019
Tags:Economic Case for Biodiversity
Professor Partha Dasgupta's research into biodiversity for the UN has been quoted by an article in the Guardian newspaper. The article title "UK urged to take lead on biodiversity as UN issues urgent warning" was published online on 6th May 2019 and in the print version on 7th May 2019.
Published on - Monday 13th May 2019
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Centre for the Study of Governance and Society - Podcast and Book Event
The Centre for the Study of Governance and Society at King’s College London has organized a podcast and accompanying event on Professor Sheilagh Ogilvie’s book, The European Guilds: An Economic Analysis. The event takes place on 9 May 2019 in the Department of Political Economy, King's College London, Bush House. Register here to attend.
Published on - Tuesday 7th May 2019
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US-China Trade Dispute, Tariff Threats and Negotiations
Dr. Meredith Crowley gave four interviews about the US-China trade dispute and negotiations. BBC Radio 4 - Today Programme (starts 1h 51m), BBC World Service - World Update (starts 27m 30s) BBC World Service - Newshour (starts 31m 22s) and BBC World News - Impact.
Published on - Tuesday 7th May 2019
Tags:Volatility, Macroeconomic Policy and Institutions in Resource-Rich Economies
Dr. Kamiar Mohaddes gave a presentation on the 16th April 2019 entitled "Volatility, Macroeconomic Policy and Institutions in Resource-Rich Economies" at the Workshop on Macroeconomic Stability & Diversification in Oil-based Economies in Riyadh (16th-17th April 2019), organized by King Abdullah Petroleum Studies and Research Center (KAPSARC).
Published on - Wednesday 1st May 2019
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Symposium on World Trade - Brexit Panel
Dr. Meredith Crowley will be speaking on a panel at the Mathematical Sciences Research Institute's (MSRI) Symposium on World Trade at the British Academy on 23rd May 2019. Dr. Crowley will be taking part in the "Brexit and the United Kingdom’s Future Trade Relationships in the Global Economy" panel discussion. Read More>>
Published on - Wednesday 1st May 2019
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How Women Made the West Rich
On 25 April, Heffers bookshop hosted a successful launch of Dr. Victoria Bateman's book, The Sex Factor - How Women Made the West Rich. In the book, Dr Bateman argues that women's freedom in the West boosted wages, skills, saving, entrepreneurial spirit and helped to produce a democratic and capable state. The book was the Guardian's 'Book of the day' last month. Here are some photos from the event.
Published on - Monday 29th April 2019
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