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Research Interests

International trade and trade policy


PhD (2001), MS (1999) in economics from the University of Wisconsin-Madison; MPP (1996) in international trade and finance from Harvard; AB (1990) in Asian studies and chemistry from Bowdoin College. Previously worked at the Federal Reserve Bank of Chicago, as a visiting associate professor at Georgetown University, as an Adviser to the American Law Institute project on the Principles of the Law of World Trade and as an Advisory Board Member to the Pew Charitable Trusts' Subsidyscope project.

Recent Publications

Published Papers

Crowley, M. A., Exton, O. and Han, L. The Looming Threat of Tariff Hikes: Entry into Exporting under Trade Agreement Renegotiation, AEA Papers and Proceedings vol 110 (2020) pp. 547-51
Crowley, M. A., Meng, N. and Song, H. Policy shocks and stock market returns: evidence from Chinese solar panels, Journal of the Japanese and International Economies vol 51 (2019) pp. 148-169
Crowley, M. A., Meng, N., and Song, H. Tariff scares: Trade policy uncertainty and foreign market entry by Chinese firms, Journal of International Economics vol 114 (2018) pp. 96-115
Crowley, M. A. and Hillman, J.A. Slamming the door on trade policy discretion? The WTO appellate body's ruling on market distortions and production costs in EU-Biodiesel (Argentina), World Trade Review vol 17(2) (2018)
Bown, C. P. and Crowley, M. A. Emerging economies, trade policy, and macroeconomic shocks, Journal of Development Economics vol 111 (2014) pp. 261-273

Cambridge Working Papers in Economics

Crowley, M. A., Han, L. and Son, M. Dominant Currency Dynamics: Evidence on Dollar-invoicing from UK Exporters, (2020) CWPE20113
Crowley, M. A., Exton, O. and Han, L. The Looming Threat of Tariff Hikes: Entry into Exporting Under Trade Agreement Renegotiation, (2020) CWPE2016
Alcover, M. and Crowley, M. A. China -- Broiler Products: Can the sum of the parts be less than the whole?, (2019) CWPE1985
Corsetti, G., Crowley, M. A. and Han, L. Invoicing and the Dynamics of Pricing-to-market - Evidence from UK Export Prices around the Brexit Referendum, (2018) CWPE1860
Crowley, M. A., Exton, O. and Han, L. Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports, (2018) CWPE1839

Chapter in Book

Bown, C. P. and Crowley, M. A. The empirical landscape of trade policy, (2016) in the book: Handbook of commercial policy, Volume 1 - Elsevier
Crowley, M. A. Why are safeguards needed in a trade agreement?, (2010) in the book: Law and econmics of contingent protection in international trade - Cambridge University Press

Research Activities

The Freeport Con
Dr. Meredith Crowley was quoted in the New Statesman article "The Freeport Con", which looks at the setting up of freeports as a post-Brexit trade policy. The UK government is championing these free economic zones, but experts are not convinced they will work.
Published on - Thursday 12th November 2020

How High is US-UK Trade on Joe Biden's Agenda?
Dr. Meredith Crowley gave a pre-recorded interview to Victoria Craig for the Marketplace Morning Report podcast. In the interview, Dr. Crowley talks about what a Joe Biden administration means for future UK-US trade relations and for Brexit. The Marketplace Morning Report is a BBC programme that broadcasts in the US on National Public Radio.
Published on - Tuesday 10th November 2020

US Elections - How a Biden Win Could Impact Brexit
Dr. Meredith Crowley was quoted the Le Soir newspaper article, "Brexit: does a “no deal” depend on the American election?", which looks at how a Joe Biden victory in the US Election could impact Brexit. The article is in Belgian.
Published on - Wednesday 28th October 2020

China's Economic Recovery Gains Momentum
China's economy is picking up steam as the country continues to steadily recover from the economic turmoil caused by the coronavirus pandemic. The world's second largest economy expanded 4.9% in the July-to-September quarter compared to a year ago, according to new Chinese government statistics. It's a V shaped recovery, according to Dr. Meredith Crowley. She was interviewed on BBC Radio 4's Today programme, and said retails sales are up, but only by 3.2%. However, the worry is that the virus could come back, and that would slow down China's economy again.
Published on - Monday 19th October 2020

Deep Trade Agreements - World Bank Webinar
Dr. Meredith Crowley will be presenting new research on trade agreements at the World Bank's "The Economics of Deep Trade Agreements Seminar Series". Dr. Crowley's new paper is "The Value of Deep Trade Agreements in the Presence of Pricing to Market", and is joint with Lu Han (Cambridge-INET affiliate and Lecturer at Liverpool University) and Thomas Prayer (Faculty of Economics, PhD student).
Published on - Friday 16th October 2020

Research Grants

UK in a Changing Europe Fellowship (Economic and Social Research Council (ESRC))
The impact of trade policy and exchange rate shocks on trade (Economic and Social Research Council (ESRC))
Data Impact Fellow (JISC) (Joint Information Systems Committee (JISC))

Institute for New Economic Thinking (INET)

The Cambridge-INET Institute
Coordinator for Transmission Mechanisms and Economic Policy Research Theme

Keynes Fund Sponsored Projects

Corsetti, G. and Crowley, M., Credit Constraints and Optimal Price Setting in International Markets (JHOR)


PIIA Paper 4 - Lent - Trade

PhD Students


Minkyu Son
PhD Title: On the Interaction between Credit Constraint and Export
Thomas Prayer
PhD Title: Firm-Level Impacts of Mutual Recognition Agreements
Saru Chaudhary
PhD Title:
Research: Chinese Imports and National Highways


John Spray
PhD Title: Export Transitions and the Supply Chain: Evidence from Uganda
Research: International Trade & Development, Production Networks

Dr Meredith Crowley

University Reader
Senior Fellow, UK in a Changing Europe
Research Fellow, CEPR (London)

Research Group:
Empirical Microeconomics

CV: Curriculum Vitae

Personal Site:

Contact Details
Room: 33
College: Fellow of St. John's College

Women in Economics