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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

Aidt, T.S., Lili, J. and Low, H. Are prices enough? The economics of material demand reduction, (2017) Philosophical Transactions of the Royal Society A : Mathematical, Physical and Engineering Sciences
Low, H. and Meghir, C. The Use of Structural Models in Econometrics, (2017) Journal of Economic Perspectives
Crossley, T.F., Low, H. and Smith, S. Do consumers gamble to convexify?, (2016) Journal of Economic Behavior and Organization
Fisher, H. and Low, H. 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

Cambridge Working Papers in Economics

Low, L., Meghir, C., Pistaferri, L., Voena, A. Marriage, Labor Supply and the Dynamics of the Social Safety Net, (2018) CWPE1817
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
Alan, S., Crossley, T. and Low, H. Saving on a Rainy Day, Borrowing for a Rainy Day, (2012) CWPE1222

Recent Activities

Department of Work and Pensions: Areas of Research Interest Workshop - Publication Date: 2018-04-26
Cambridge-INET, in conjunction with the Department of Work & Pensions, The Health Foundation and Bennett Institutute for Public Policy will hold a one day workshop at Newnham College, Cambridge on the 26th April 2018.

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".

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


Salvatore Lattanzio
PhD Title: Topics in Labour and Gender Economics
Taehee Oh
PhD Title: The Effects of Social Labour Policies and Changes in Circumstances on the Labour Supply
Benjapon Prommawin
PhD Title: An Essay on International Reserves Adequacy for Emerging Asian Countries


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

Professor Hamish Low

Professor of Economics

Research Group:
Empirical Microeconomics

CV: Curriculum Vitae

Personal Site:

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