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Research Interests

Life-cycle behaviour, including savings, consumption and working patterns of households. This involves understanding (1) the risks individuals face over their lifetimes to wages, health, demographics and the ways individuals mitigate those risks, (2) the role of social insurance and particularly disability insurance and the welfare state, (3) the impact of aggregate shocks on individuals. Analysis uses economic models, estimation and simulation methods.


PhD Economics (1998) University College London. Research Fellow, Institute for Fiscal Studies, past editor of Fiscal Studies

Recent Publications

Published Papers

Fisher, H. and Low, H.W. Recovery from divorce: comparing high and low income couples, (2016) International Journal of Law, Policy and the Family
Low, H. and Sanchez-Marcos, V. Female labour market outcomes and the impact of maternity leave policies, (2015) IZA Journal of Labor Economics
Low, H. and Pistaferri, L. Disability insurance and the dynamics of the incentive-insurance tradeoff, (2015) American Economic Review
Fisher, H. and Low, H. Financial implications of relationship breakdown: does marriage matter?, (2015) Review of Economics of the Household
Ball, S. and Low, H. Do self-insurance and disability insurance prevent consumption loss on disability?, (2014) Economica

Cambridge Working Papers in Economics

Attanasio, O., Levell, P., Low, H. and Sanchez-Marcos, V. Aggregating Elasticities: Intensive and Extensive Margins of Female Labour Supply, (2017) CWPE1711
Attanasio, O., Levell, P., Low, H. and Attanasio, O. Aggregating Elasticities: Intensive and Extensive Margins of Female Labour Supply, (2015) CWPE1558
Low, H. and Pistaferri, L. Disability Insurance and the Dynamics of the Incentive-Insurance Tradeoff, (2014) CWPE1420
Crossley, T. and Low, H. Job Loss, Credit Constraints and Consumption Growth, (2012) CWPE1223
Alan, S., Crossley, T. and Low, H. Saving on a Rainy Day, Borrowing for a Rainy Day, (2012) CWPE1222

Recent Activities

Labour Markets, Human Capital and Public Policy - Publication Date: 2017-03-22
Costas Meghir, Hanming Fang, Magne Mogstad, Gordon Dahl and Chris Walters will all be speaking at the Labour Markets, Human Capital and Public Policy Conference. This will be held on 9th of May 2017, between 9.00am and 5.00pm, in Winstanley theatre, Trinity College, Cambridge.

Prof. Low: New Microeconomic Insights on Disability Insurance - Publication Date: 2016-12-13
In their recent paper Hamish Low and Luigi Pistaferri look into the "Recent growth in the number of Disability Insurance claimants has led to calls for substantial scaling back of the program. We evaluate the incentive cost of the DI program against its insurance value to those in need".

ADEMU Lecture - Eric Leeper (15th March) - Publication Date: 2016-03-09
Eric Leeper will give a Ademu Lecture titled “Fiscal sustainability: What makes the Euro Area different?” on Tuesday 15th March 2016, 5pm-6pm. In the Meade Room, Faculty of Economics

Cambridge-INET Search and Matching Conference - Publication Date: 2015-08-06
10th-11th September 2015 at Clare College. The keynote speakers are Fabien Postel-Vinay (UCL, Sciences Po) and Jan Eeckhout (UPF, UCL).

Cambridge-INET Persistent Output Gaps: Causes and Policy Remedies Workshop - Publication Date: 2015-08-06
3rd - 4th September 2015 at Gonville & Caius College, Cambridge. The nvited speakers are Gauti Eggerston (Brown), Bob Hall (Stanford) and Alp Simpsek (MIT)

Research Grants

A Dynamic Economic And Monetary Union (Ademu) (ECH2020 SOCIETAL CHALLENGES (SC))
Data We Have - And Data We Need - To Understand The Lives Of Separated Families (BRYSON PURDON SOCIAL RESEARCH LLP (FB NUFFIELD FOU)
Self-Insurance And Social Insurance Over The Life-Cycle (ESRC)

Keynes Fund Sponsored Projects

Individual response to risk over the business cycle (JHLE) Research Output
Micro to Macro: "Understanding the aggregate implications of individual behaviour under uncertainty" (JHOL)


PIIB Paper 1 - Michaelmas - Policy Evaluation
PIIB Paper 1 - Lent - Contracts and Regulations, Education and Health
M130 - Applied Microeconomics

PhD Students


Alice Kuegler
PhD Title:
Research: Labour Economics, Productivity, Public Economics, Development Economics
Frederico Lima
PhD Title: The Multiplier effect of fiscal transfers
Research: Macroeconomics and Public Economics
Tomasz Zawisza
PhD Title: Models of Liquidity
Research: Public economics, labour economics, health economics, computational methods.


Stephanie De Mel
PhD Title: Private or Public? Efficiency and Equity Implications of Tertiary Education Choice

Professor Hamish Low

Professor of Economics
Director of Research Strategy

Research Group:
Empirical Microeconomics

CV: Curriculum Vitae

Personal Site:

Contact Details
Room: 21
Office Hours: By appointment
College: Fellow of Trinity College