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Faculty of Economics

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Dr Toke Aidt
University Reader

Research Interests
Political Economics

Professor William Brown
Montague Burton Professor of Industrial Relations

Research Interests
Collective bargaining; payment systems; minimum wages; impact of legislative change; trade union recognition; employment contracts; arbitration

Dr Yujiang River Chen
College Lecturer (St Catharine's College)

Research Interests
Labour Economics, Urban Economics and Micro-Econometrics

Dr Meredith Crowley
University Reader

Research Interests
International trade and trade policy

Dr Pauline Goyal-Rutsaert
College Teaching Officer (Homerton College)

Research Interests
Industrial, Competition, and Regulatory Policy; Research and Innovation Policy; Communications Sector; Better Policymaking; Strategic Trade Policy

Felix Grey
Director of Studies and William Cook Fellow in Economics (Corpus Christi College)

Research Interests
Environmental Economics, Political Economics

Dr Juliana Guimaraes Cavalcanti
College Lecturer in Economics (Homerton College)

Research Interests
Income Inequality, Gender Wage Discrimination,Students Performance, Quantile Regression

Lu Han
Research Associate

Research Interests
Exchange Rate Pass Through, International Economics, Applied Econometrics and Machine Learning

Dr Sriya Iyer
Affiliated Lecturer and Janeway Fellow in Economics

Research Interests
Development Economics, Religion, Demography, Education

Dr Kai Liu
University Lecturer

Research Interests
Labor Economics, Public Economics, Applied Microeconometrics, Economics of China

Professor Kaivan Munshi
Frank Ramsey Professor of Economics

Research Interests
Communities and development. Networks. Migration. Misallocation

Professor David Newbery
Emeritus Professor and
Director of The Energy Policy Research Group (EPRG)

Research Interests
Electricity policy research, specifically market design and behaviour, transmission access pricing, renewables support mechanisms and climate change policy

Renata Rabovic
Research Associate

Research Interests
Applied Microeconomics, Economics of Education, Labor Economics

Dr Gabriella Santangelo
University Lecturer

Research Interests
Development Economics

Dr Julia Shvets
Senior College Lecturer (Christ's College)

Research Interests
Empirical micro, organizations, incentives, political economy.

Professor Coen Teulings
Senior Teaching Assoicate

Research Interests
Macroeconomics and Labour Markets

Dr Bjorn Wallace
Research Associate

Research Interests
Applied economics, biological anthropology

Stephanie De Mel

Title: Private or Public? Efficiency and Equity Implications of Tertiary Education Choice

Oliver Exton

Title: Firms and Workers in International Trade

Research Interests
International trade, International economics, Trade policy, Labour economics

Jörg Kalbfuss

Title: Socio-Economic Stratification & Conflict

Salvatore Lattanzio

Title: Topics in Labour and Gender Economics

Su-Min Lee

Title: Individual and Party Electoral Incentives in Distributive Politics

Taehee Oh

Title: The Effects of Social Labour Policies and Changes in Circumstances on the Labour Supply

Benjapon Prommawin

Title: An Essay on International Reserves Adequacy for Emerging Asian Countries

Alexandru Savu

Title: Political causes of reform ineffectiveness in non-advanced economies

Research Interests
Empirical Political and Development Economics

Minkyu Son

Title: On the Interaction between Credit Constraint and Export

John Spray

Title: Export Transitions and the Supply Chain: Evidence from Uganda

Peng Zhang

Title: Higher Education Expansion and Integrational Mobility in Contemporary China

Research Interests
Development Economics, Labour Economics, Economic Geography


Research Grants

  • Voting Rights And Public Policy (ESRC) - Aidt, T. S.
  • Esrc - Large Grant (T. Aidt - University Of Birmingham Lead) (UNIVERSITY OF BIRMINGHAM (FB ESRC)) - Aidt, T. S.
  • Riots And The Great Reform Act Of 1832 (BRITISH ACADEMY) - Aidt, T
  • The Future Of Collectivism In The Regulation Of The Employment Relationship And Pay In Britain (ESRC) - Brown, W. A.
  • Basis And Characteristics Of Mutually Benefical Employer/Trade Union Relations (ESRC) - Brown, W. A.
  • The Protection Of Labour Standards In A Global Economy (LEVERHULME TRUST) - Brown, W. A.
  • The impact of trade policy and exchange rate shocks on trade (ESRC) - Crowley, M.
  • Innovation And The Resilience Of Religion (METANEXUS INSTITUTE ON RELIGION AND SCIENCE) - Iyer, S.
  • Modernizing The Madrasa In India (ISAAC NEWTON TRUST) - Iyer, S.
  • Endogenous Network Formation And Informal Networks In Village Economies (NUFFIELD FOUNDATION) - Krishnan, P.
  • Endogenous Network Formation And Informal Networks In Village Economies (ESRC) - Krishnan, P.
  • Aspirations And Poverty Traps: Investigating The Impact Of Interventions On Youth In The Slums Of Bombay (NUFFIELD FOUNDATION) - Krishnan, P.
  • The Economics Of Stigma: Community-Level Determinants And Consequences For Health (ISAAC NEWTON TRUST) - Munshi, K.
  • Organisation, Competition And Regulation In The British Railway Industry (ESRC) - Newbery, D. M.
  • Road Pricing And Urban Congestion Costs (ESRC) - Newbery, D. M.
  • The Internet And Price Competition In Retail Markets Within The Eu (EPSRC) - Newbery, D. M.
  • Efficient And Sustainable Regulation And Competition In Network Industries (ESRC) - Newbery, D. M.
  • Promoting Innovation And Productivity In Electricity Markets (CAMBRIDGE MIT (rsd use only)) - Newbery, D. M.
  • Price Comparison Sites And Competition: The Internet Connectivity Market (ISAAC NEWTON TRUST) - Newbery, D. M.
  • Specific Support Action: Sessa (Sustainable Specific Support Assessment) (EC FP6 OTHER) - Newbery, D. M.
  • Electricity Policy Forum (CAMBRIDGE MIT (rsd use only)) - Newbery, D. M.
  • Cessa - Coordinating Energy Security Of Supply Actions (EC FW6 CA) - Newbery, D. M.
  • British Academy Small Grant Bid - Karsten Neuhoff (BRITISH ACADEMY) - Newbery, D. M.
  • The Electricity Policy Research Group (ESRC) - Newbery, D. M.

Keynes Fund Sponsored Projects

  • Political Representation, Market Failure and Public Policy: A Long-run Study of the United Kingdom (JHOA) - Aidt, T. Project Summary and Output
  • Market Failures and State Successes in Public Health and Highways 1830-1912 (JHOM) - Aidt, T., Shaw-Taylor, L. and Davenport, R.
  • Credit Constraints and Optimal Price Setting in International Markets (JHOR) - Crowley, M. and Corsetti, G.
  • How Important are Religious Organisations as Insurance? (JHOT) - Iyer, S., Cavalcanti, T.V.D and Rauh, C.
  • Risk and Return in Human Capital Investments (JHOJ) - Liu, K.
  • The Economic Consequences of Marriage-Market Inefficiency: Gender Inequality and Human Capital Accumulation in a Transition Economy (JHLL) - Munshi, K.
  • Herding in Organ Transplant Decisions (JHOW) - Munshi, K., de Mel, S. and Reiche, S.
  • Understanding differences in performance of managers (JHLX) - Shvets, J. and Huffman, D. Project Summary and Output
  • Residential Land Prices and the Growth of Cities (JHOD) - Teulings, C.
More Sponsored Projects >>

Published Papers

Crowley, M.A., Meng, N., and Song, H. Tariff scares: Trade policy uncertainty and foreign market entry by Chinese firms, Journal of International Economics (2018)
Aidt, T. and Rauh, C. The Big Five personality traits and partisanship in England, Electoral Studies (2018)
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 (2018)
Veesa, K.S., John, K.R., Moonan, P.K., Kaliappan, S.P., Manjunath, K., Sagili, K.D., Ravichandra, C., Menon, P.A., Dolla, C., Luke, N., Munshi, K., George, K., and Minz, S. Diagnostic pathways and direct medical costs incurred by new adult pulmonary tuberculosis patients prior to anti-tuberculosis treatment - Tamil Nadu, India, PLoS ONE (2018)
Aidt, T.S., Castro, V. and Martins, R. Shades of red and blue: government ideology and sustainable development, Public Choice (2018)
Fruehwirth, J., Iyer, S. and Zhang, A. Religion and Depression in Adolescence, Journal of Political Economy, forthcoming (2018)
Iyer, S. and Shrivastava, A. Religious Riots and Electoral Politics in India, Journal of Development Economics (2018)
Grey, F. Corporate Lobbying for Environmental Protection, Journal of Environmental Economics and Management (2018)

More Papers >>

Cambridge Working Papers in Economics

Ticku, R., Shrivastava, A. and Iyer, S. Economic Shocks and Temple Desecrations in Medieval India, CWPE1862 (2018)
Chaudhary, L., Rubin, J., Iyer, S. and Shrivastava, A. Culture and Colonial Legacy: Evidence from Public Goods Games , CWPE1855 (2018)
Dai, R., Mookherjee, D., Munshi, K. and Zhang, X. Community Networks and the Growth of Private Enterprise in China , CWPE1850 (2018)
Grubb, M., Newbery, D. UK Electricity Market Reform and the Energy Transition: Emerging Lessons, CWPE1834 (2018)
Newbery, D., Reiner, D., Ritz, R. When is a carbon price floor desirable?, CWPE1833 (2018)
Crowley, M. Understanding the challenges to the world trading system, CWPE1825 (2018)
Newbery, D. Designing an electricity wholesale market to accommodate significant renewables penetration: Lessons from Britain, CWPE1756 (2017)
Aidt, T. S., Leon, G. and Satchell, M. The Social Dynamics of Collective Action: Evidence from the Captain Swing Riots, 1830-31, CWPE1751 (2017)

More Papers >>

Authored Books

Iyer, S. The Economics of Religion in India, (2018), Harvard University Press
de Groot, H.L.F, Marlet, G., Teulings, C. and Vermeulen, W. Cities and the urban land premium, (2015), Edward Elgar
Iyer, S. Demography and Religion in India, (2002), Oxford University Press

Chapter in Book

Iyer, S. Religion and Demography, (2019), forthcoming in Advances in the Economics of Religion. Edited by J-P Carvalho, Sriya Iyer, J Rubin - Palgrave Macmillan
Aidt, T.S. Corruption, (2018), forthcoming in Oxford handbook of public choice. Edited by Roger Congleton, Stefan Voigt - Oxford University Press
Aidt, T.S. and Leon, G. The coup: competition for office in authoritarian regimes, (2018), forthcoming in Oxford handbook of public choice. Edited by Roger Congleton, Stefan Voigt - Oxford University Press
Iyer, S. Religion and Institutions, (2018), forthcoming in A Research Agenda for the New institutional Economics. Edited by Claude Menard, Mary Shirley - Edward Elgar Publishers
Bown, C.P. and Crowley, M.A. The empirical landscape of trade policy, (2016), forthcoming in Handbook of commercial policy, Volume 1. Edited by Kyle Bagwell, Robert Staiger - Elsevier
Munshi, K. Community networks and migration, (2016), forthcoming in The Oxford handbook of the economics of networks. Edited by Yann Bramoulle, Andrea Galeotti, Brian Rogers - Oxford University Press
Munshi, K. Caste networks in the modern Indian economy, (2016), forthcoming in Development in India: micro and macro perspectives . Edited by Dev Mahendra - Springer India
Aidt, T. S. Political economy of instrument choice, (2013), forthcoming in Encyclopedia of energy, natural resource, and environmental economics. Edited by Jason Shogren - Elsevier Science
Wright, C.F. and Brown, W. The emergence of socially sustainable sourcing : a mechanism for protecting labour standards in the context of collective bargaining decline, (2013), forthcoming in Resocialising Europe in a time of crisis. Edited by Nicola Countouris, Mark Freedland - Cambridge University Press
Iyer, S., Joshi, S. and Do, Q. Why marry a cousin? Insights from Bangladesh, (2013), forthcoming in Marrying in South Asia: Shifting Concepts, Changing Practices in a Globalising World. Edited by Ravinder Kaur, Rajni Parliwala - Orient Blackswan
Bos, F. and Teulings, C.N. The world's oldest fiscal watchdog: CPB's analyses foster consensus on economic policy., (2012), forthcoming in Restoring public debt sustainability: the role of independent fiscal institutions. . Edited by George Kopits - Oxford university Press
Munshi, K. Labor and credit networks in developing economies, (2010), forthcoming in Handbook of Social Economics. Edited by Jess Benhabib, Alberto Bissin, Matthew Jackson - Elsevier
Crowley, Meredith Why are safeguards needed in a trade agreement?, (2010), forthcoming in Law and econmics of contingent protection in international trade. Edited by George Bermann, Petros Mavroidis, Kyle Bagwell - Cambridge University Press
Brown, W.A. Talking one's way out of strikes, (2010), forthcoming in Deadlocks in multilateral negotiations. Edited by Amrita Narlikar - Cambridge University Press
Iyer, S. Gender, religion, and the age at marriage in India, (2009), forthcoming in Gender and Discrimination: Health, Nutritional Status and Role of Women in India. . Edited by M Pal, P Bharati, B Ghosh, T - Oxford University Press
Iyer, S. Religion and economic development, (2008), forthcoming in The New Palgrave Dictionary of Economics, Second Edition. Edited by S Durlauf, L Blume - Palgrave Macmillan

Chapter in Book

eds. Carvalho, J-P, Iyer, S. and Rubin, J. Advances in the Economics of Religion, (2019) - Palgrave Macmillan
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Empirical Microeconomics Research Group

Nicholas Roys
(Royal Holloway)
'Skills Prices, Occupations and Changes in the Wage Structure for Low Skilled Men (joint with Christopher Taber)'
Tuesday 20th November 2018 1:00pm
Meade Room,
Robert Moffitt
(Johns Hopkins)
'The Marginal Labor Supply Disincentives of Welfare Reforms'
Tuesday 27th November 2018 1:00pm
Meade Room,

Recent Publications

Munshi, K. and Rosenzweig, M. Networks and misallocation: insurance, migration, and the rural-urban wage gap American Economic Review [2016]

Cesarani, D., Lindqvist, E., Ostling, R. and Wallace, B. Wealth, health, and child development: evidence from administrative data on Swedish lottery players Quarterly Journal of Economics [2016]

Fruehwirth, J., Iyer, S. and Zhang, A. Religion and Depression in Adolescence Journal of Political Economy, forthcoming [2018]

Selected CWPE


The economics of air pollution from fossil fuels, Newbery, D.


Secular Stagnation, Rational Bubbles, and Fiscal Policy, Teulings, C. N.


Policies for decarbonizing a liberalized power sector, Newbery, D. M.