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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?

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Social Macroeconomic Hub Projects

Research projects that seek to answer the question: Does social cooperation affect macroeconomic performance?

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Macroeconomic Instability Hub Projects

Research projects that seek to answer the question: Why are economies unstable?

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Sustainable Growth Hub Projects

Research projects that seek to answer the question: How do we achieve a sustainable economy?

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Macroeconomic Institutions Hub Projects

Research projects that seek to answer the question: Do we have confidence in economic institutions?

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Macroeconomic Finance Hub Projects

Research projects that seek to answer the question: Is the financial system fit for purpose?

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Globalisation Hub Projects

Research projects that seek to answer the question: Can globalisation benefit all?

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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? 

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Principal Investigator:

Alice Evans

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Developing an Economy of Belonging

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Exploring the interactions between social security and popular acceptance of globalisation, this projects aims to shed light on the relationship...

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Principal Investigator:

Henrietta Moore

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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... 

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Principal Investigator:

Dr Claudius Gräbner

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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....

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Principal Investigator:

Professor Daniela Gabor

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Globalisation and Rent Sharing
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Stagnating real wages and falling labour share across developed economies have challenged traditional paradigms in macroeconomics...

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Principal Investigator:

Professor Stephen Machin

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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...

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Principal Investigator:

Dr Isabella Weber

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Globalisation Hub Projects

Macroeconomic Instability Hub Projects

Research projects that seek to answer the question: Why are economies unstable?

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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...

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Principal Investigator:

Michael Hatcher

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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...

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Principal Investigator:

Professor Robert MacKay, FRS

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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....

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Principal Investigator:

Professor Nick Chater

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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... 

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Principal Investigator:

Professor Sayantan Ghosal

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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...

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Principal Investigator:

Professor Franck Portier

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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...

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Principal Investigators:

Maxim Gusev & Dimitri Kroujiline

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Macroeconomic Instability Hub Projects
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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...

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Principal Investigators:

Carlo D`Ippoliti

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Macroeconomic Institutions Hub Projects

Research projects that seek to answer the question: Do we have confidence in economic institutions?

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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?...

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Principal Investigators:

Dr. Johnna Montgomerie

Dr. Ryan Davey

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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...

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Principal Investigator:

Beatrice Cherrier

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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...

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Principal Investigator:

Dr Elisa Van Waeyenberge

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Macroeconomic Institutions Hub Projects
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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.

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Principal Investigator:

Stephen Fisher

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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...

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Principal Investigator:

Magda Osman

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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 ...

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Principal Investigator:

Sandra McNally

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Social Macroeconomic Hub Projects

Research projects that seek to answer the question: Does social cooperation affect macroeconomic performance?

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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...

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Principal Investigator:

Professor David Sloan Wilson

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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...

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Principal Investigator:

Professor Philip McCann

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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...

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Principal Investigator:

Dr Yvan Russell

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Social Macroeconomic Hub Projects
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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...

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Principal Investigator:

David Good

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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?...

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Principal Investigator:

Steven Bosworth

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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...

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Principal Investigator:

Colin Mayer

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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... 

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Principal Investigator:

Professor Tim Jackson

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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...

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Principal Investigator:

Professor Steve Keen

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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.

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Principal Investigator:

Jean-Francois Mercure

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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...

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Principal Investigator:

Dr Marion Dumas

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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?

Visit Hub Here
Stocks and Trading Screen

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...

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Principal Investigator:

Dr. Fabian Schuppert

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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...

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Principal Investigator:

Dr Mingli Chen

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Stacks of Coins

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...

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Principal Investigator:

Professor Rosa Lastra

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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?...

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Principal Investigator:

Yuemei Ji

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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?

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Principal Investigator:

Matthias Thiemann

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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? 

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Principal Investigator:

Ivan Boldyrev

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Macroeconomic Finance Hub Projects
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