Latest News
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
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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
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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
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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
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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
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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
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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
Tags:Ancient History and Economics
Professor Sheilagh Ogilvie is in dialogue with Professor Walter Scheidel (Stanford) on “What Have the Romans Ever Done for Us?” at the Newell Classics Event. This event is Cambridge’s most prestigious occasion for public-facing classical scholarship, and takes place on the 2nd May 2019 in the Palmerston Room, Fisher Building, St John’s College. Read More>>
Published on - Friday 26th April 2019
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Sticking Points in Brexit Talks
Dr. Meredith Crowley took part in a teleconference, "What's Next for Brexit?" hosted by the Pacific Council on International Policy, the leading think tank on international policy on the West Coast of the US. Read More>>
Published on - Thursday 25th April 2019
Tags:Guilds and Innovation
Professor Sheilagh Ogilvie will give a Plenary Lecture on “Guilds and Innovation” at the CEPR / Danish Institute for Advanced Study Conference on “Accounting For The Wealth Of Nations: History And Theory”. This event is being hosted by the University of Southern Denmark in Odense on 25-26 April 2019. The full programme can be found here.
Published on - Tuesday 23rd April 2019
Tags:Brexit Uncertainty
Oliver Exton (PhD student) will present his research on "Brexit uncertainty", at the Royal Economic Society Annual Conference on Wednesday 17th April 2019. His talk will be based on the paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports" (joint with Dr. Meredith Crowley and Lu Han). Read More>>
Published on - Monday 15th April 2019
Tags:Debt Sustainability and Debt Vulnerabilities
Professor Giancarlo Corsetti will give a talk on Debt Sustainability and Debt Vulnerabilities at the distinguished Third Interdisciplinary Sovereign Debt Research and Management Conference. This event is being hosted by the Georgetown’s Institute of International Economic Law, in Washington D.C., on 11th-12th April 2019.
Published on - Friday 12th April 2019
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Can a Free Port Rescue Teesside's Steel Community?
Post-Brexit, could the creation of a free port rescue Teesside's steel community? Dr. Meredith Crowley discussed her views on the plan in an interview with CNN TV. You can read the text article on the CNN Business site.
Published on - Monday 8th April 2019
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UK Government Review of the Economics of Biodiversity
Prof. Partha Dasgupta has been appointed to lead a UK government review into the link between biodiversity and economic growth. The UK Chancellor of the Exchequer's Spring Statement outlined the estimated £680 million value that 1,500 species of pollinators deliver to the UK economy, highlighting that climate change is not the only environmental challenge. Read More>>
Published on - Wednesday 3rd April 2019
Tags:The European Guilds Book Launch
Princeton University Press, the Faculty of Economics and the Cambridge-INET Institute held an event to celebrate the publication of Professor Sheilagh Ogilvie's The European Guilds: An Economic Analysis book. The event took place on 14th March 2019 in the Old Combination Room, Trinity College. See a selection of photographs from the evening.
Published on - Thursday 28th March 2019
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Breaking the Brexit impasse with indicative votes in Parliament
The House of Commons may be called upon to hold indicative votes on different Brexit options this week. How should this be organized to achieve a fair, legitimate and democratic outcome? Dr. Toke Aidt, Professor Hamid Sabourian and Professor Jagjit Chadha propose a way to break the impasse.
Published on - Monday 25th March 2019
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ECP Conference - Call for Papers
Paper proposals are invited for a conference to celebrate the 100th anniversary of the publication of J. M. Keynes's The Economic Consequences of the Peace. The "Economic Consequences of the Peace Centenary Conference" will take place on 9th-10th September 2019, at King's College, Cambridge.
Published on - Friday 22nd March 2019
Tags:Podcast on The European Guilds
Professor Sheilagh Ogilvie has made a podcast on her book, The European Guilds, for the New Books Network, an initiative dedicated to raising the level of public discourse by introducing serious authors to a wide public. You can listen to Sheilagh’ podcast here
Published on - Thursday 21st March 2019
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How to Find Out What MPs Really Want
Dr. Toke Aidt, Professor Hamid Sabourian and Professor Jagjit Chadha have published an article for Prospect Magazine that looks into how a series of indicative votes could be used to break the Brexit deadlock in Parliament.
Published on - Tuesday 19th March 2019
Tags:Is Britain Currently in an Economic Crisis?
Dr. Meredith Crowley took part in a Brexit discussion on the BBC news that looked into whether the UK is actually in a crisis over leaving the EU? You can listen to the programme on the BBC site.
Published on - Wednesday 13th March 2019
Tags:Keynes Fund Call for Proposals
The Keynes Fund have announced their fourteenth Call for Projects. Proposals of high-quality projects consistent with the objectives and themes of the Keynes fund are solicited. The deadline for submissions is 28th March 2019.
Published on - Tuesday 5th March 2019
The Way to Fix Bias in Economics is to Recruit More Women
The Financial Times have published a opinion editorial "The way to fix bias is economics in to recruit more women", which is based on a study of biases among economists, conducted by Dr. Ha-Joon Chang and Mohsen Javdani (University of British Columbia). You will need an FT account to view this article.
Published on - Tuesday 26th February 2019
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Impact of Foreign Exchange Rate Changes on UK Economy
Dr. Meredith Crowley gave extended interview to BBC Radio 4's Analysis program on "Fair Exchange?", in which she discusses how a falling value of the British pound sterling could impact the British economy. The programme will be broadcast on the 18th February 2019 at 8.30pm and will be available to listen online after.
Published on - Sunday 17th February 2019
Tags:The Euro Crisis in the Mirror of the European Monetary System
Professor Giancarlo Corsetti, Barry Eichengreen, Galina Hale and Eric Tallman have published an article for VOXeu titled "The euro crisis in the mirror of the European Monetary System", which looks at why the recovery from the euro area crisis was delayed for a decade and the role suitable backstops could have played in speeding up the recovery from the crisis.
Published on - Saturday 16th February 2019
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US-China Trade War Negotiations
Dr. Meredith Crowley was interviewed on BBC Radio 4's Today programme about the ongoing Trade War negotiations between the US and China. Dr. Crowley's segment starts at 15:00 minutes into the broadcast.
Published on - Friday 15th February 2019
Tags:Official Lending and Debt Sustainability in the Euro Area
Professor Giancarlo Corsetti, Aitor Erce and Timothy Uy have published an article for VOXeu titled "Official lending in the euro area: Lessons for debt sustainability", that looks at how lengthening loan maturities and managing debt repayment flows has substantial effects on sustainability.
Published on - Wednesday 13th February 2019
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IMF Antimicrobial Resistance and Pandemics Symposium
Dr. Flavio Toxvaerd will be acting as Facilitator at the The International Monetary Fund (IMF) Antimicrobial Resistance and Pandemics Symposium, held in Washington DC, on 12th February 2019.
Published on - Monday 11th February 2019
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How Do Bad Institutions Survive? - Public Lecture
Professor Sheilagh Ogilvie will deliver a public lecture at the Centre for Competitive Advantage in the Global Economy at the University of Warwick on 28 February 2019. Her lecture addresses a question of concern to economists, historians and legal scholars: “How Do Bad Institutions Survive?”, and presents findings from her new book, The European Guilds: An Economic Analysis, published on 14 Feb 2019.
Published on - Sunday 10th February 2019
Tags:Is Japan's EU deal a threat to the UK industry?
Dr. Meredith Crowley discusses how the new free trade agreement between the EU and Japan could be a possible threat to the post-Brexit British industry, in both the Guardian Newspaper and Customs Today.
Published on - Wednesday 6th February 2019
Tags:Trade and the Economy Panel
Dr. Meredith Crowley has been appointment to the Trade and the Economy Panel. The TEP is part of the Department for International Trade and aims to raise the DIT’s analytical capacity and capability, while championing high-quality, robust analysis to help secure the best outcomes for UK trade policy.
Published on - Tuesday 5th February 2019
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Debt Sustainability Assessments
Professor Giancarlo Corsetti spoke at the European Stability Mechanism (ESM) on "Debt Sustainability Assessments: The state of the art". The seminar took place at the ESM premises, Luxembourg on January 25th 2019.
Published on - Tuesday 29th January 2019
Tags:Could a Free Port in Teesside be Feasible?
Dr. Meredith Crowley was quoted in The Economist article "Teesside bids to become Britain’s first free port", discussing the feasbility of a free port in Teesside.
Published on - Friday 25th January 2019
Tags:Renegotiation of Trade Agreements and Firm Exporting Decisions
Dr. Meredith Crowley gave three interviews about her Cambridge Working Papers in Economics research paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence form the Impact of Brexit on UK Exports" (joint with Oliver Exton and Lu Han). Read More>>
Published on - Monday 21st January 2019
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Independent Evaluation of Central Bank of Chile
The Board of the Central Bank of Chile have appointed Dr Petra Geraats to an independent panel of experts to evaluate the Bank's performance in achieving its objectives of price and financial stability. Read More>>
Published on - Thursday 17th January 2019
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Gamblers Predicted Brexit before Financial Traders
The University's Research site have published an article on a study authored by Tom Auld and Professor Oliver Linton that shows the betting market predicted the Brexit result an hour earlier than the foreign exchange market. Read More>>
Published on - Monday 14th January 2019
Tags:How Economics is Trying to Fix its Gender Problem
Professor Sanjeev Goyal's research (co-authored with Anja Prummer) into how risk aversion plays a role in female academic economists having smaller and more clustered networks of co-authors, has been quoted in an article by The Economist.
Published on - Friday 11th January 2019
Tags:Breaking the Brexit impasse
Dr. Toke Aidt, Professor Hamid Sabourian and Professor Jagjit Chadha have published an article for VOXeu titled "Breaking the Brexit impasse: Achieving a fair, legitimate and democratic outcome", that looks at using a sequential voting system to make the democratic process fair to all views.
Published on - Friday 11th January 2019
Tags:Keynote Speech at Ridge Conference
Professor Giancarlo Corsetti's was the keynote speaker at the Ridge Conference in Montevideo, and debated "Capital flows, monetary and macroprudential policies, exchange rates, international reserve accumulation, sovereign debt and international spillovers" Read More>>
Published on - Wednesday 9th January 2019
Tags:Population Overshoot
The recording of Professor Partha Dasgupta's keynote address to the Symposium on The New Malthusianism on December 12 2018 is now available to watch. There is also a write up of the two day event and a selection of photographs.
Published on - Tuesday 8th January 2019
Tags:How Did Pre-Modern Merchants Solve Conflicts?
Professor Sheilagh Ogilvie will deliver a public lecture in Frankfurt at the Max-Planck-Institute for European Legal History on 30 January 2019. Her lecture addresses a question of concern to economists, historians and legal scholars: “How Did Pre-Modern Merchants Solve Conflicts? Public-Order versus Private-Order Institutions”. Read More>>
Published on - Friday 4th January 2019
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The Marketplace of Faith
Dr. Sriya Iyer looks at "Why are Americans so religious?" in an article published in the Wall Street Journal. This follows on from the recent publication of her book "The Economics of Religion in India". Which was one of the Times Literary Supplement's 'Books of the Year 2018'.
Published on - Thursday 3rd January 2019
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