Geneva Report: Fiscal Policies Must Work Together
The 2020 Geneva Report has been published. Co-authored by Professor Giancarlo Corsetti from the Faculty of Economics at the University of Cambridge, the 23rd report looks at macroeconomic and financial instability and disruptive crises such as the COVID-19 pandemic.
Published on - Tuesday 15th December 2020
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The Faculty Addresses Brexit, post-COVID Challenges and Diversity
As incoming chair of the Faculty of Economics Professor Leonardo Felli has faced unprecedented challenges, and his first year would be unusual year in every possible way.
Published on - Monday 14th December 2020
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Testing Times: Assessments and Teaching in the Time of COVID-19
2020 has been a year like no other. Lectures are being delivered remotely, Zoom has become a familiar fixture in supervisions, and the most recent round of gruelling Economics Tripos examinations was held online. Dr. Aytek Erdil, Director of Teaching, looks back on tough calls and thoughtful adaptations made by the Faculty as the Covid-19 crisis unfolded.
Published on - Monday 14th December 2020
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Impact of a COVID Vaccine: Why we can’t cash in early
New research by Dr. Flavio Toxvaerd indicates when a Covid vaccine starts to become available to the public, it will change our behaviour, and people may have a strong incentives to increase social distancing.
Published on - Tuesday 24th November 2020
Free School Meal Vouchers: An Opportunity to Level Nutritional Inequality?
In her recent working paper "Nutritional Inequality: The Role of Prices, Income, and Preferences", Dr Noriko Amano-Patiño suggests that the Government should look at the options for free school meals for children in the holidays, as an initiative to level nutritional inequalities.
Published on - Thursday 29th October 2020
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Indirect Costs of the UK’s Furlough Scheme
Dr. Christopher Rauh was interviewed on "Wake up to Money" on "BBC Radio 5 Live" where he discussed the indirect costs to the economy of the furlough scheme from people staying at home and preventing the economy from adapting to the new normal. He also compared job retention schemes in other countries to the UK's furlough scheme. Starts at 42.20.
Published on - Thursday 29th October 2020
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European Economic Review Special Section
Dr. Flavio Toxvaerd will guest edit (co-edited with Cecile Aubert, University of Bordeaux and TSE) the European Economic Review Journal's Special Section on economics of infectious diseases and epidemics. This Section will collect accepted articles at the European Economic Review that pertain to Covid-19 and similar epidemics, and will allow for a faster average handling of submissions on this topic.
Published on - Wednesday 28th October 2020
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Professor Chris Abell FRS, FMedSci (1957 – 2020)
The Faculty of Economics and the University of Cambridge are saddened to announce that Professor Chris Abell, Pro-Vice-Chancellor for Research, one of the Managers of the Keynes Fund, Professor of Biological Chemistry and Todd-Hamied Fellow of Christ’s College, has died suddenly at the age of 62.
Published on - Wednesday 28th October 2020
Impact of COVID-19 Means Global Recession will be Long Lasting
New research by Dr. Kamiar Mohaddes suggests the global recession is likely to be long lasting, with no country escaping the impact of COVID-19 regardless of their mitigation strategy, or the effects of a new vaccine.
Published on - Wednesday 11th November 2020
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Tight Race in US Election 2020 Forecast
A new method of forecasting the US presidential race appears to show the Democrats will win the popular vote. The forecast is tight, but indicates voters have a short memory of seismic economic events over the past few years. Emeritus Professor Hashem Pesaran explains why his model would have also forecast the U.S. Presidential election of 2016 which caught many by surprise.
Published on - Friday 23rd October 2020
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Nobel Prize for Economist Who Gave Marshall Lecture
Paul Milgrom and Robert Wilson have been honoured with the Nobel prize for economics for their work on auction theory. Professor Milgrom visited the Faculty of Economics to give the Marshall Lecture in 2019, when he explained how the tools of game theory were applied to auctions. Dr Matthew Elliott looks at his work, that was instrumental in getting governments to use auctions instead of procurement, and how those auctions have enabled governments to raise revenue around the world.
Published on - Monday 19th October 2020
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Economic Impact From Covid
New research appears to indicate women on average have taken a larger economic impact than men as a result of Covid. Dr Christopher Rauh has examined the characteristics of workers furloughed in the UK during the coronavirus pandemic, and has found that women were much more likely to be furloughed. The prohibition on working whilst furloughed has also been routinely ignored, especially by men.
Published on - Tuesday 13th October 2020
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Pandemic Fears and Reactions
Dr. Flavio Toxvaerd was quoted in The Telegraph article "Fears Wet Weather Could Fuel Covid 19 Spread." and also commented on a recent No. 10 briefing where Boris Johnson shifted emphasis from blanket lockdowns to the use of regional and local measures for Science Media Centre "Expert Reaction to No. 10 Press Briefing on 30th September "
Published on - Tuesday 6th October 2020
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Election Shock: Social Networks and Confirmation Bias
The prominent role of social media in elections exacerbates the tendency of voters to disregard information contrary to their beliefs, according to two University of Cambridge researchers. Dr Edoardo Gallo and Alastair Langtry in the new working paper 'Social networks, Confirmation Bias and Shock Elections' suggest this behaviour risks shock election outcomes, and pushes fringe media organisations to take even more extreme standpoints.
Published on - Monday 2nd November 2020
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Welcome to Professor Eric French
The Faculty of Economics is delighted to welcome Professor Eric French to his position as the Montague Burton Professor of Industrial Relations and Labour Economics. Professor French joins us from University College London. His areas of expertise are labour economics, public finance and applied econometrics.
Published on - Thursday 1st October 2020
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The Master And The Prodigy
There is little doubt that John Maynard Keynes fundamentally shaped economics and policymaking in the twentieth century. Less appreciated is that he owes some of his central insights to a brilliant Cambridge polymath who died in 1930 at age 26. Want to know more? Read Dr. Bill Janeway’s essay.
Published on - Wednesday 30th September 2020
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IMF Publishes New Central Bank Transparency Code
As part of a High-Level Advisory Panel, Dr. Petra Geraats helped shape a new Central Bank Transparency Code, which has been published by The International Monetary Fund (IMF). The new Code, which has been approved by the IMF's Executive Board, replaces the IMF's Monetary and Financial Policies Transparency Code from 1999.
Published on - Tuesday 29th September 2020
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Female Researchers and Publications During COVID-19 Podcast
Dr Noriko Amano Patino was interviewed for the Cambridge Centre for International Research’s Ideas & Innovation Talk Series about her joint paper with Elisa Faraglia, Chryssi Giannitsarou and Zeina Hasna titled "The Unequal Effects of Covid-19 on Economists' Research Productivity" which looks at the unequal effects of COVID-19 on research productivity.
Published on - Friday 18th September 2020
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COVID-19 Symposium of the EEA
Dr. Flavio Toxvaerd spoke recently about ‘Future Challenges for Economic Epidemiology’ at the COVID-19 Symposium of the European Economic Association. A video of Dr. Toxvaerd's talk is available to watch on the EEA youtube channel.
Published on - Monday 7th September 2020
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Behaviour and Mandatory Face Masks
Dr. Flavio Toxvaerd has written a new entry for the Economics Observatory asking Do people change their behaviour when face masks are mandatory?
Published on - Tuesday 1st September 2020
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Economics of Brexit Conference For Early Career Researchers - Call for Papers
The UK in a Changing Europe, supported by Cambridge-INET, is organising a one-day virtual conference on the Economics of Brexit for Early Career Researchers (untenured assistant professors, postdocs, and PhD students) to take place on the 22nd September 2020, via Zoom. The deadline for submissions is 4th September 2020.
Published on - Thursday 13th August 2020
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Keynes Fund 17th Call for Projects
The Keynes Fund has announced it's 17th Call for Projects. The deadline for project proposals is 30th September 2020. Please see the Keynes Fund site for the criteria and details of the project applications process.
Published on - Monday 20th July 2020
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ASREC 24 hour Conference Event - Call for Papers
The Association for the Study of Religion, Economics, And Culture (ASREC) will hold a 24 hour virtual conference on the 20th November 2020. Ahead of this event, they have just released a Call for Papers. The deadline to submissions is the 18th September 2020. Dr Sriya Iyer is part of the Organizing Committee for the Europe/Africa/MENA regions.
Published on - Thursday 2nd July 2020
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How Do People React To Lockdown?
Dr. Weilong Zhang and Xiaomeng Li (MPhil Student) have just published a Special Feature on The COVID-19 Economic Research website about "Pandemic Personalities: How do People React to Lockdown?", which explores whether a persons personality traits have an effect on their response to the COVID-19 crisis.
Published on - Friday 26th June 2020
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Emerging Market Currency Risk Around ‘Global Disasters’
Professor Giancarlo Corsetti has had a chapter published in CEPR's ebook "COVID-19 in Developing Economies". The chapter "Emerging Market Currency Risk Around ‘global disasters’: Evidence from the Global Financial Crisis and the COVID-19 Crisis" (joint with Simon Lloyd (Bank of England) and Emile Marin (PhD Candidate))
Published on - Wednesday 24th June 2020
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Can Social Distancing Improve the Trade Off between Health and Economy?
Professor Giancarlo Corsetti's article entitled "Can Social Distancing Improve the Trade Off between Health and Economy?", which discusses how public health measures such as social distancing can reduce deaths by keeping the number of infected individuals from exceeding the capacity of the health care system has been featured by CNN and Trends (in Dutch).
Published on - Thursday 4th June 2020
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Are Women Publishing Less During the Pandemic?
Dr Noriko Amano Patino's VOXeu article and paper (joint with Elisa Faraglia, Chryssi Giannitsarou and Zeina Hasna), entitled "Who is doing new research in the time of COVID-19? Not the female economists" was quoted in the Nature article "Are Women Publishing Less During the Pandemic?" which looks at the unequal effects of COVID-19 on research productivity.
Published on - Friday 29th May 2020
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Can Social Distancing Improve Trade Between Health And Economy?
Professor Giancarlo Corsetti's research entitled "Can Social Distancing Improve Trade Between Health And Economy?" has been featured by CNBC and University of Cambridge Research News.
Published on - Friday 1st May 2020
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Economics of Biodiversity
Professor Sir Partha Dasgupta's interim report of his independant global review on the Economics of Biodiversity has been published by the HM Treasury. The Review was commissioned last year by HM Treasury and is supported by an Advisory Panel drawn from public policy, science, economics, finance and business.
Published on - Friday 1st May 2020
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COVID-19: Beyond the Virus
Dr. Christopher Rauh has been interviewed about his research in a Naked Scientists podcast entitled "COVID-19: Beyond the Virus" which looks at the impacts of coronavirus beyond the virus: how is it hitting economies, universities and our mental wellbeing plus, researchers come up with a way out of the lockdown.
Published on - Thursday 30th April 2020
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Mark Hayes 1956-2019
The Faculty is saddened to announce that Mark Hayes passed away on 15th December 2019. He was the Director of Studies in Economics at Robinson College from 2009-2014 and an Affiliated Lecturer in the Faculty from 2013-2015.
Published on - Wednesday 29th April 2020
COVID-19 is Not World War II - William H. Janeway
Dr. William H. Janeway's article titled "Covid 19 is not World War II" which discusses how the COVID-19 era has little in common with the US mobilization for war in the 1940s has appeared in Project Syndicate.
Published on - Tuesday 28th April 2020
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The COVID-19 Crisis Through the Lens of 1.4 Billion Transactions
Professor Vasco Carvalho working with economists at University of Edinburgh, Imperial College and at the Spanish bank BBVA, one of the largest financial institutions in the world, studies the “real time evolution” of economic activity during the COVID-19 pandemic.
Published on - Wednesday 15th April 2020
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Professor Jane Humphries awarded RES Prize
Jane Humphries, who was Lecturer and then Reader in the Faculty (and a Fellow of Newnham College) from 1979 to 1999, has with Jacob Weisdorf been awarded the Royal Economic Society Prize for their ground breaking work on `Unreal Wages? Real Income and Economic Growth in England, 1260-1850,’ in which they argue that that modern economic growth started not in the 19th century, as is typically argued, but in the late 16th Century, some 200 years earlier than previously thought.
Published on - Tuesday 14th April 2020
The Economic Impact of COVID-19 on Workers
Dr. Christopher Rauh (joint with former PhD student Teodora Boneva, Abi Adams-Prassl and Marta Golin) has just published two working papers looking at the economic impacts of COVID-19 on workers in the UK and US.
Published on - Thursday 2nd April 2020
Tags:Covid Economics: A Real-Time Journal
Professor Giancarlo Corsetti joins the editorial board promoting, "Covid Economics: A Real-Time Journal (CEJ)". The Centre for Economic Policy Research (CEPR) has decided to launch this new online peer-reviewed review to disseminate emerging scholarly work on the Covid-19 epidemic. CEPR have just published Covid Economics: Vetted and Real-Time Papers Issue 1.
Published on - Saturday 28th March 2020
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Call for Papers - Deadline 15th May 2020
Paper proposals are invited for the 51st Annual Conference of the Money Macro and Finance Society, from academic, government and business economists in any area of monetary, macro and financial economics. The conference will be held at Clare College, Cambridge, on 1st-3rd September 2020. The deadline for this call is 15th May 2020.
Published on - Tuesday 25th February 2020
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Royal Economic Society Annual Conference 2020
Registration for the Royal Economic Society Annual Conference 2020 in Belfast from April 6th-8th is now open HERE. The Annual Conference brings together hundreds of academic and professional economists to present the latest developments in economics. Dr. Sriya Iyer is Deputy Chair for the RES Annual Conference 2020.
Published on - Tuesday 11th February 2020
Keynes Fund 16th Call for Projects
The Keynes Fund has announced it's 16th Call for Projects. The deadline for project proposals is 27th March 2020. Please see the Keynes Fund site for the criteria and details of the project applications process.
Published on - Wednesday 15th January 2020
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