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Faculty of Economics


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Dr Muhammad Farid Ahmed
College Lecturer (Magdalene College) and INET Research Fellow

Research Interests
Macroeconomics, Time Series Econometrics and Finance with a particular focus on Asset Pricing

Charles Brendon
El-Erian Fellow in Macroeconomics

Research Interests
Macroeconomic Theory and the Economics of Optimal Taxation


Professor Vasco Carvalho
Professor of Macroeconomics

Research Interests
Macroeconomics; Networks in Economics; Applied Econometrics

Dr Tiago Cavalcanti
University Reader

Research Interests
Macroeconomics, Growth, Economic Development.


Professor Giancarlo Corsetti
Professor of Macroeconomics

Research Interests
International Economics and Open Economy Macroeconomics

Dr Ken Coutts
Emeritus Researcher

Research Interests
Open-economy models of debt dynamics; visible and invisible earnings in the balance of payments; macroeconomic policy; inflation; industrial pricing behaviour


Dr Joao Duarte
Research Associate

Research Interests
Macroeconomics, Real Estate and Monetary Policy

Dr Elisa Faraglia
University Lecturer

Research Interests
Macroeconomic Theory, Fiscal Policy and Debt Management.


Dr Petra Geraats
University Senior Lecturer

Research Interests
Macroeconomics, international finance, behavioral economics, with a special interest in transparency of monetary policy

Dr Chryssi Giannitsarou
University Senior Lecturer

Research Interests
Macroeconomic theory, macro-finance, expectations, networks


Lu Han
Research Associate

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

Dr Sean Holly
University Reader,
Faculty of Economics
President, Dean and Professorial Fellow, Fitzwilliam College

Research Interests
Macroeconomic modelling, optimal policy and formulation.


Dr William H Janeway
Senior Teaching Assoicate

Research Interests
Economics of Innovation, Venture Capital

Dr Kamiar Mohaddes
Janeway Fellow in Economics

Research Interests
Macroeconomics; Global and National Macroeconometric Modelling; Energy Economics.


Dr Pontus Rendahl
University Reader
Chair of Undergraduate Studies Committee

Research Interests
Macroeconomic theory with applications. Recursive and numerical methods.

Dr Alexander Rodnyansky
University Lecturer

Research Interests
International Finance, Finance, Empirical Political Economy


Dr Demosthenes N.  Tambakis
Fellow and Director of Studies in Economics and Finance (Pembroke College)

Research Interests
Monetary policy; Exchange rate dynamics; Financial crises

Dr Anna Watson
College Lecturer, Fellow and Director of Studies in Economics (Fitzwilliam College)

Research Interests
Open-economy Macroeconomics, Monetary Economics, International Trade


 
 

Xiaohua Chen

Title: Financial Cycles

Ka Wing Cheung

Title: Explaining the slow labor market recovery since the Great Recession


Maarten De Ridder

Title: Investment in Productivity and the long-run effect of financial crises on output

Research Interests
Macroeconomics, Business Cycles, Productivity

Timo Haber

Title: Three Essays in Modern Macroeconomics

Research Interests
Macroeconomics, Heterogenous Agents Models, Computational Methods


Zeina Hasna

Title: Macro-Economic Development

Myungun Kim

Title: Rethinking Industrial Policy


Alfie Lake

Title: Empirical Analyses of Housing Cycles and Macroeconomics

Research Interests
Housing Cycles, Behavioural Macroeconomics and Finance, Macroeconometrics

Jang Youn Lee

Title: Interaction between the Financial Sector and the Real Sector


Jiaqi Li

Title: Imperfect Competition in Banking and Monetary Transmission

Research Interests
Macroeconomics, Monetary Economics

Seung Hyun Maeng

Title: Saving Glut and Global Imbalances


Emile Marin

Title: The Hegemon's Dilemma : Intertemporal terms of trade manipulation and expenditure-switching.

Monica Petrescu

Research Interests
Macroeconomics, Macro-Finance, Market Microstructure, Financial Institutions


Christian Rörig

Title: On the State-Dependent Effectiveness of Different Fiscal Policies

Margit Reischer

Title: The Granularity of GDP Forecasts in Theory and Practice. Lessons from Multisector Growth Models


Maryam Vaziri

Title: Product of Networks in an Open Economy

Daniel Wales

Title: The Impact of Large Scale Asset Purchases on Wealth Inequality


 
 

Research Grants

  • Production Networks In Macroeconomics (EC FP7 ERC SIRG) - Carvalho, V. M.
  • Leverhlume Trust Prize (LEVERHULME TRUST) - Carvalho, V. M.
  • Working Towards A Stable And Sustainable Growth Path (Macro Centre) (LONDON SCHOOL OF ECONOMICS (FB ESRC)) - Corsetti, G.
  • A Dynamic Economic And Monetary Union (Ademu) (ECH2020 SOCIETAL CHALLENGES (SC)) - Corsetti, G.
  • Fw5 Network: European Forecasting Network (EC FW5 NETWORKS) - Holly, S.
  • Profitability, Acquisition And Failure Of Uk Quoted Companies Over The Business Cycle (KPMG) - Holly, S.
  • Marie Curie Intra-European Fellowship For Dr Luisa Corrado: Regional Convergence Clusters Across Europe: Methodological Issues And Empirical Evidence (Eurecon) (EC FP6 MC) - Holly, S.
  • Finess: Financial Systems, Efficiency And Stimulation Of Sustainable Growth (EC FP7 CP) - Holly, S.
  • Eumicro: The Microeconomics Of Growth Across Regions In Europe (EC FP6 MC) - Holly, S.
  • Citigroup Phd Studentships In Inflation Studies (CITIGROUP GLOBAL MARKETS LTD) - Holly, S.
  • Cross Section Dependence In Panel Data Models (ESRC) - Holly, S.

Keynes Fund Sponsored Projects

  • Credit Policies, Entrepreneurship and Development: Theory and Empirical Evidence on Brazil (JHLA) - Cavalcanti, T.V.D Research Output
  • Oil, Growth and Misallocation: Evidence from a Quasi-Experiment and Establishments Level Data (JHLO) - Cavalcanti, T.V.D Research Output
  • Gray Zones: On the Causes and Consequences of Slums (JHOB) - Cavalcanti, T.V.D Project Summary and Output
  • Climate Change Mitigation Policies: Distributional and Allocative Effects (JHOV) - Cavalcanti, T.V.D
  • The Making of the Euro-area Crisis: Lessons from Theory and History (JHLP) - Corsetti, G. and Eichengreen, B.
  • Monetary Policy, Housing and Consumption in the Euro Area (JHOH) - Duarte, J. Research Output
  • Heterogeneity, Precautionary Savings and Government Debt Management (JHLW) - Faraglia, E. and Oikonomou, R.
  • Financial decisions: The role of information through social networks ** (JHLQ) - Giannitsarou, C.
  • Mapping of Rumours and Information Diffusion (JHOQ) - Giannitsarou, C., Toxvaerd, F. and Collier, N.
  • Aggregate and Firm level volatility (JHOI) - Holly, S. Project Summary and Output
  • Climate Change, Volatility, and Economic Growth: Evidence from U.S. States (JHOU) - Mohaddes, K., Pesaran, M. H. and Raissi, M.
More Sponsored Projects >>

Published Papers

Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. Government Debt management: the Short and the Long of it, Review of Economic Studies, accepted (2018)
Corsetti, G., Dedola, L., Jarociński, M., Maćkowiak, B., and Schmidt, S. Macroeconomic stablization, monetary-fiscal interactions, and Europe's monetary union, European Journal of Political Economy (2018)
Mohaddes, K. and Raissi, M. The US oil supply revolution and the global economy, Empirical Economics (2018)
Bhattacharjee, A., Holly, S. and Mur, J. Contemporary developments in the theory and practice of spatial econometrics, Spatial Economic Analysis (2018)
Cavalcanti, T. V. D. On the determinants of slum formation, The Economic Journal (2018)
Burney, N. A., Mohaddes, K., Alawadhi, A., and Al-Musallam, M. The dynamics and determinants of Kuwait's long-run economic growth, Economic Modelling (2018)
Gudgin, G., Coutts, K., Gibson, N. and Buchanan, J. The Macro-economic impact of Brext: using the CBR Macro-economic Model of the UK Economy (UKMOD), Journal of Self-Governance and Management Economics (2018)
Mohaddes, K. and Raissi, M. Do sovereign wealth funds dampen the negative effects of commodity price volatility?, Journal of Commodity Markets (2017)

More Papers >>

Cambridge Working Papers in Economics

Corsetti, G. and Erce, A. Debt Sustainability and the Terms of Official Support, CWPE1864 (2018)
Carvalho, V. M. and Tahbaz-Salehi, A. Production Networks: A Primer, CWPE1856 (2018)
Jarrett, U., Mohaddes, K., Mohtadi, H. Oil Price Volatility, Financial Institutions and Economic Growth, CWPE1851 (2018)
Mohaddes, K., Nugent, J., Selim, H. Reforming Fiscal Institutions in Resource-Rich Arab Economies: Policy Proposals, CWPE1848 (2018)
Flamini, A., Jahanshahi, B., Mohaddes, K. Illegal Drugs and Public Corruption: Crack Based Evidence from California, CWPE1847 (2018)
Corsetti, G., Dedola, L. and Leduc, S. Exchange Rate Misalignment, Capital Flows, and Optimal Monetary Policy Trade-offs, CWPE1822 (2018)
Brendon, C. and Ellison, M. Time-Consistently Undominated Policies, CWPE1809 (2018)
Devonald, L., Higson, C., Holly, S. Aggregate and Firm level volatility: the role of acquisitions and disposals., CWPE1748 (2017)

More Papers >>

Authored Books

Giancarlo, C., Feld, L.P., Lane, P.R., Reichlin, L A new start for the Eurozone: dealing with debt, (2015), CEPR


Chapter in Book

Mohaddes, K., and Raissi. M. Does Inflation Slow Long-Run Growth in India?, (2016), forthcoming in Taming Indian Inflation. - International Monetary Fund
Cashin, P., Mohaddes, K., and Raissi. M. The Global Impact of the Systemic Economies and MENA Business Cycles, (2016), forthcoming in Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies. - Cambridge University Press
Geraats, P. M. Monetary Policy Transparency, (2014), forthcoming in The Oxford Handbook of Economic and Institutional Transparency. Edited by Jens Forssbæck, Lars Oxelheim - Oxford University Press
Algan, Y., Allais, O., Den Haan, W.J. and Rendahl, P. Solving and simulating models with heterogeneous agents and aggregate uncertainty, (2014), forthcoming in Handbook of Computational Economics. Edited by Karl Schmedders, Kenneth Judd - Elsevier
Mohaddes, K. and Pesaran, M.H. One Hundred Years of Oil Income and the Iranian Economy: A Curse or A Blessing?, (2013), forthcoming in Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions. Edited by Parvin Alizadeh, Hassan Hakimian - Routledge
Geraats, P. M. Transparency, Flexibility and Macroeconomic Stabilization, (2013), forthcoming in Central Bank Communication, Decision-Making and Governance - The Issues, Challenges, and Case Studies. Edited by Pierre Siklos, Egbert Sturm - CESifo and MIT Press
Geraats, P. M. ECB credibility and transparency, (2010), forthcoming in The Euro: The first decade. . Edited by Marco Buti, Servaas Deroose, Vítor Gaspar - Cambridge University Press and
Corsetti, G., Dedola, L. and Leduc, S. Optimal monetary policy in open economies, (2010), forthcoming in Handbook of monetary economics. Edited by Ben Friedman, Michael Woodford - North-Holland
Calvacanti, T.V.D and Jalles, J.T. Oil shocks in Brazil and in the United States, (2010), forthcoming in Energy, bio fuels and development: comparing Brazil and the United States . Edited by Edmund Amann, Werner Baer, Don Coes - Routledge
Coutts, K. and Norman, N. Post-Keynesian approaches to industrial pricing, (), forthcoming in The Oxford Handbook of Post-Keynesian Economics. Edited by Geoffrey Harcourt , Peter Kriesler - Oxford University Press
Bhattacharjee, A. and Holly, S. MPC decision-making, the Long Expansion and the crisis: integration with the global economy, heterogeneity and network dynamics, (), forthcoming in The UK economy in the long expansion and its aftermath. Edited by Jagjit Chadha, Alec Chrystal, Joe Pearlman, Peter - Cambridge University Press


Conference Publication

Geraats, P. M. Talking Numbers: Central Bank Communications on Monetary Policy and Financial Stability, (2011) Central Bank Statistics - What Did the Financial Crisis Change?, proceedings of the Fifth ECB Conference on Statistics, Frankfurt, Germany
Geraats, P. M. Price and Financial Stability: Dual or Duelling Mandates?, (2010) Central Banking after the Crisis, proceedings of the 38th Economics Conference of the Oesterreichische Nationalbank, Vienna,
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Macroeconomics Research Group




Alejandro van der Ghote
(ECB)
'TBA'
Wednesday 30th January 2019 1:00pm
Meade Room, Please note different day and time to usual
Leonardo Melosi
(Chicago Fed)
'TBA'
Tuesday 19th February 2019 4:00pm
Meade Room,



Faculty Events





Recent Publications


Faraglia, E., Marcet, A., Oikonomou, R. and Scott, A. Government Debt management: the Short and the Long of it Review of Economic Studies, accepted [2018]

Rendahl, P. Fiscal policy in an unemployment crisis Review of Economic Studies [2016]



Selected CWPE


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Fixed on Flexible Rethinking Exchange Rate Regimes after the Great Recession, Corsetti, G., Kuester, K. and Müller, G. J.

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45

Step away from the zero lower bound: Small open economies in a world of secular stagnation, Corsetti, G., Mavroeidi, E., Thwaites, G. and Wolf, M.

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48

Aggregate and Firm level volatility: the role of acquisitions and disposals., Devonald, L., Higson, C., Holly, S.