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Faculty of Economics


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Dr Muhammad Farid Ahmed
College Lecturer (Magdalene College) and INET Affiliated Senior 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 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 Associate

Research Interests
Economics of Innovation, Venture Capital


Myungun Kim
College Lecturer (Robinson College)

Research Interests
Rethinking Industrial Policy

Dr Kamiar Mohaddes
Janeway Fellow in Economics

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


Dr Christopher Rauh
University Lecturer

Research Interests
Macroeconomics, Political Economy, Labour 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


Daniel Wales
Janeway Fellow in Economics

Research Interests
Macroeconomics, Monetary Policy and International Economics

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

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


 
 

Balduin Bippus

Title: International Finance

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


Lukas Freund

Title: The Macroeconomics of Automation and Inequality

Research Interests
Macroeconomics, Labor Economics, Innovation, Computational Methods

Timo Haber

Title: Three Essays in Modern Macroeconomics

Research Interests
Macroeconomics, Heterogenous Agents Models, Computational Methods


Andrew Hannon

Title: The Links between Bank and Sovereign Risk

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


 
 

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. 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.
  • Market Power and Innovation in the Intangible Economy (JHOX) - de Ridder, M.
More Sponsored Projects >>

Published Papers

Brendon, C., Paustian, M. and Yates, T. Self-Fulfilling Recessions at the Zero Lower Bound, Journal of Monetary Economics (2019)
Carvalho, V. M. and Grassi, B. Large Firm Dynamics and the Business Cycle, American Economic Review (2019)
Cavalcanti, T., Da Mata, D. and, Toscani, F. Winning the oil lottery: the impact of natural resource extraction on growth, Journal of Economic Growth (2019)
Jarrett, U., Mohaddes, K. and Mohtadi, H. Oil price volatility, financial institutions and economic growth, Energy Policy (2019)
Corsetti, G., Mavroeidi, E., Thwaites, G. and Wolf, M. Step away from the zero lower bound: small open economies in a world of secular stagnation, Journal of International Economics (2019)
Carvalho, V. M. and Tahbaz-Salehi, A. Production Networks: A Primer, Annual Review of Economics, forthcoming (2018)
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)

More Papers >>

Cambridge Working Papers in Economics

Corsetti, G., Lafarguette, R. and Mehl, A. Fast Trading and the Virtue of Entropy: Evidence from the Foreign Exchange Market, CWPE1970 (2019)
De Ridder, M. Market Power and Innovation in the Intangible Economy, CWPE1931 (2019)
Ahmed, M. F. and Satchell, S. Some Dynamic and Steady-State Properties of Threshold Autoregressions with Applications to Stationarity and Local Explosivity, CWPE1923 (2019)
Goetz, D. and Rodnyansky, A. Exchange Rate Shocks and Quality Adjustments, CWPE1915 (2019)
Corsetti, G., Eichengreen, B., Hale, G. and Tallman, E. The Euro Crisis in the Mirror of the EMS: How Tying Odysseus to the Mast Avoided the Sirens but Led Him to Charybdis, CWPE1914 (2019)
Arrondel, L., Calvo-Pardo, H., Giannitsarou, C., Haliassos, M. Informative Social Interactions, CWPE1911 (2019)
Impullitti, G., Licandro, O., and Rendahl, P. Technology, Market Structure and the Gains from Trade, CWPE1892 (2018)
Equiza-Goni, J., Faraglia, E., Oikonomou, R. Union Debt Management, CWPE1890 (2018)

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., Nugent, J.B, and Selim, H. Reforming fiscal institutions in resource-rich Arab economies: policy proposals, (2019), forthcoming in Institutions and macroeconomic policies in resource-rich Arab economies. Edited by Kamiar Mohaddes, Jeffrey Nugent, Hoda Selim - Oxford University Press
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




Christina and David Romer
(Berkeley Economics)
'Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why'
Tuesday 15th October 2019 3:45pm
Meade Room,
Jordi Gali
(Barcelona Graduate School of Economics)
Tuesday 5th November 2019 3:45pm
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]

Carvalho, V. M. and Grassi, B. Large Firm Dynamics and the Business Cycle American Economic Review [2019]



Selected CWPE


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The Euro Crisis in the Mirror of the EMS: How Tying Odysseus to the Mast Avoided the Siren..., Corsetti, G., Eichengreen, B., Hale, G. and Tallman, E.

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31

Market Power and Innovation in the Intangible Economy, De Ridder, M.

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47

Illegal Drugs and Public Corruption: Crack Based Evidence from California, Flamini, A., Jahanshahi, B., Mohaddes, K.