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Faculty of Economics

Economics News | Published on Friday, 21 April, 2023

Professor Vasco Carvalho has picked up on Milton Friedman’s famous dictum concerning ‘long and variable lags’, that monetary actions affect economic conditions only after a lag that is both long and variable,

Media Mentions & Appearances | Published on Tuesday, 10 May, 2022

An article in Nature magazine this week notes that weak links in finance and supply chains can be easily weaponised. It quotes the paper Prof. Vasco Carvalho, Prof. Matthew Elliot and John Spray, Supply Chain Bottlenecks in a Pandemic. Which uses economic models to test networks’ robustness to external shocks or attacks

Media Mentions & Appearances | Published on Wednesday, 3 February, 2021

Professor Giancarlo CorsettiKeith Kuester (University of Bonn), Gernot Müller (University of Tübingen) and and 

Economics News | Published on Monday, 1 February, 2021

“According to the received wisdom, flexible exchange rates insulate economies from external shocks. The exchange rate should operate as an automatic shock absorber, and adjusts to soften the impact of the shocks”, says Professor Giancarlo Corsetti, a Professor of Macroeconomics at the Faculty of Economics.

Media Mentions & Appearances | Published on Thursday, 1 March, 2018

Dr. Kamiar Mohaddes's paper "Country-Specific Oil Supply Shocks and the Global Economy" (joint with Prof. Hashem Pesaran) was featured in the Albawaba News article "Reneging on the Nuclear Deal Will Isolate America, Empower China, and Distance Europe".