RESEARCH PROJECTS
Click on the projects below to find out about the research we are funding. You can filter by Research Hub by using clicking the links below.
Globalisation Hub
Projects
Research projects that seek to answer the question: Can globalisation benefit all?
Social Macroeconomic Hub Projects
Research projects that seek to answer the question: Does social cooperation affect macroeconomic performance?
Macroeconomic Instability Hub Projects
Research projects that seek to answer the question: Why are economies unstable?
Sustainable Growth Hub Projects
Research projects that seek to answer the question: How do we achieve a sustainable economy?
Macroeconomic Institutions Hub Projects
Research projects that seek to answer the question: Do we have confidence in economic institutions?
Macroeconomic Finance Hub Projects
Research projects that seek to answer the question: Is the financial system fit for purpose?
Globalisation Hub Projects
Research projects that seek to answer the question: Can globalisation benefit all?
Rebuilding Globalisation and Macroeconomics, from the Grassroots
Why is corporate accountability generally difficult to enforce throughout global supply chains, and how can we encourage legal change?
Developing an Economy of Belonging
Exploring the interactions between social security and popular acceptance of globalisation, this projects aims to shed light on the relationship...
Country capabilities, product complexity, and finance in the EU
This research project studies the extent to which globalization reinforces structural inequalities between nation states in the Eurozone, and which...
Managing Supercycles: Globalisation and Institutional Change
Ten years since the collapse of Lehman Brothers, concerns remain about the potential for shadow banking activity to cause instability....
Globalisation and Rent Sharing
Stagnating real wages and falling labour share across developed economies have challenged traditional paradigms in macroeconomics...
What Drives Specialisation? A Century of Global Export Patterns
The global division of labour has reached a new height under the present era of globalisation (since 1970s). But patterns...
Globalisation Hub Projects
Macroeconomic Instability Hub Projects
Research projects that seek to answer the question: Why are economies unstable?
Endogenous Extrapolation: Implications for Boom-Bust Cycles and Macroeconomic Policy
A key distinction between economies and physical systems, like the weather, is that economies consist of individuals who form expectations about the fut...
But Why are Economies Stable?
The macroeconomic question: For mathematicians, the puzzle is not why economies are unstable but why they are stable. Since the...
Professor Robert MacKay, FRS
Macroeconomic Implications of the Sampling Brain
Recent developments in cognitive science have created new models of the moment by moment calculations by which people make decisions....
Anxiety, Competing Narratives & the Macroeconomy: What is the Role of Policy in Stabilising Expectations?
This project will focus on examining the conditions under which competing narratives co-exist, influence (and are influenced by) individuals’ emotions...
Professor Sayantan Ghosal
Macroeconomic Fluctuations as Emergent Behaviour
The main challenge facing macroeconomics is to understand how a large set of decentralized decisions interact to create aggregate outcomes characterized by booms...
An Interactions-based Macroeconomic Model
The main challenge facing macroeconomics is to understand how a large set of decentralized decisions interact to create aggregate outcomes characterized by booms...
Maxim Gusev & Dimitri Kroujiline
Macroeconomic Instability Hub Projects
Research Networks and Researcg Assessment in Economics: the UK Case
We study networks of economists in the UK, with the aim of highlighting both social and professional relations among them...
Macroeconomic Institutions Hub Projects
Research projects that seek to answer the question: Do we have confidence in economic institutions?
Opening the Black-box of the Household
How does recognising the household as an institution enhance our understanding of financial stability, consumer protection, inequality and policy making?...
Dr. Johnna Montgomerie
Dr. Ryan Davey
Excavating the Academia/Policy pipeline: economic analysis at the Bank of England pre and post crisis
How do ideas move between academia and policy making? We hypothesise there is a two-way street, rather than just a...
Trajectories of Infrastructure Financing and Macroeconomic Policies in Practice
What affects the trajectory of private finance in infrastructure policy-making and how is privately financed infrastructure designed and implemented across...
Macroeconomic Institutions Hub Projects
Socio-Political Consequences of Regional Economic Divergence
By understanding the interplay between socio-political and economic developments at the regional level, we can then help explain how national outcomes, including Brexit, are affected by regional divergence.
Putting in Effort for the Benefit of All: The Role of Reward and Effort Requirements
Many organisations face a compliance problem: how to motivate their members to increase their productivity and improve compliance with regulations/treaties which serve the good of the organisation, as well as the good of society...
Understanding Vocational/Technical Pathways to inform Policy at Local Level
This quantitative case study will be helpful for policy by improving understanding of the operation of vocational education in this local area ...
Social Macroeconomic Hub Projects
Research projects that seek to answer the question: Does social cooperation affect macroeconomic performance?
Managed Evolution: A New Narrative for Macroeconomics
We apply multilevel selection theory to real-world settings within the UK, focusing on the micro, meso and macro levels...
Professor David Sloan Wilson
The Long-Run Consequences of Adverse Economic Shocks: UK Regional and Urban Inequalities
How do differences in UK regions affect their ability to deal with economic shocks, impacting regional divergence, and how does...
Is Identity-Biasing a Shortcut to Cooperation?
Are those with a shared sense of identity more likely to cooperate with each other, and on what levels do...
Social Macroeconomic Hub Projects
Zero-Sum Mindset & Its Discontents
What is the prevalence, nature and structure of "zero-sum thinking" over geographical locations, and how does this affect the choices...
Macrosocial Feedback Effects – Firm Structure and Political Economy Consequences
How does economic fragmentation in terms of income disparities give rise to social fragmentation in terms of socio-economic objectives?...
Decentralised Reciprocity
This project is examining how locally based financial institutions can contribute to the development of local and regional economies and thereby help to address the regional disparities that exist within and across countries...
Modelling Transition Risk
We develop a macro-model aimed at exploring the risks and opportunities associated with the transition to a net-zero carbon society...
Integrating Macroeconomics and Ecology via Energy and the Laws of Thermodynamics
How can we include energy into production in a way that is consistent with the Laws of Thermodynamics, and also...
Timescales and Investment Dynamics in the Economy (TIDE)
We aim to construct a macroeconomic relationship between investment, return and timescale by triangulating three different methods: life cycle analysis; frequency analysis of national input-output tables; and differential growth analysis of national GDP data.
Green Product Differentiation and Innovation in the Transition to a Clean Economy
I will collect data on the mainstreaming process of green goods to document variation in this process across countries and goods...
Sustainable Growth Hub Projects
Research projects that seek to answer the question: How do we achieve a sustainable economy?
Sustainable Growth Hub Projects
Macroeconomic Finance Hub Projects
Research projects that seek to answer the question: Is the financial system fit for purpose?
The Need for a Normative Theory of Systemic Risk: Practical Applications and a New Social Contract?
We aim to provide a normative theory of systemic risk through identifying when such risks become morally problematic, and how...
Deep Learning in a New Keynesian Model of Banking and Money Creation
We develop a model of the financial sector with money creation and adopt deep/machine learning to describe how agents form...
Legal and Economic Conceptions of Money
What really is money? How does this differ between Economics and Law, and how can they inform each other when dealing...
A Behavioural Macroeconomic Model with a Banking Sector
Can a behavioural macroeconomic model improve our understanding of the behaviour of banks and macroeconomic stability for informing policy making?...
Who is leading the change? Innovation and influence in macroprudential regulation
Can a behavioural macroeconomic model improve our understanding of the behaviour of banks and macroeconomic stability for informing policy making?
What do policymakers want from Macroeconomics?
It is well known that economists and policymakers face different problems and constraints. What can current macroeconomic expertise contribute to meet the challenges policymakers of various sorts face at different levels of decision-making?
Macroeconomic Finance Hub Projects