Macroeconomics and Finance Research Group

The Macroeconomics and Finance Research Group is a very active group in the Department of Economics having their own seminar series and a long-standing tradition of organising conferences.

Past keynote speakers include for example Thomas Lubik (Federal Reserve Bank of Richmond), Roger Farmer (UCLA), Michel Woodford (Columbia University) and Klaus Adam (Mannheim). Research interests in the group cover a wide range of areas in macroeconomics and macroeconometrics with a particular focus on business cycle dynamics, expectations formation and news shocks, inventory and investment dynamics, as well as monetary and fiscal policy.

In 2018, the group hosted the Expectations in Dynamic Macroeconomic Models annual conference. Leading academics and policy makers exchanged ideas for future potential collaboration. There were lively debates during the conference on important policy topics, like price level targeting, housing prices, fiscal austerity and defaults. James Bullard, President and CEO of the Federal Reserve Bank of St Louis, and Michael Woodford, John Bates Clark Professor of Political Economy at Columbia University, spoke on the U.S. economy and monetary policy.

Director of the Macroeconomics and Finance Research Group
Professor Kaushik Mitra
Research Interests: Macroeconomics, monetary economics and adaptive learning.

Research Group co-lead
Dr Christoph Gortz
Research Interests: Macroeconomics with particular interest in business cycles, news, expectations and learning, financial intermediation and financial frictions, DSGE modelling, and inventory and investment dynamics.

Research Group co-lead
Dr Pei Kuang
Research Interests: Learning and imperfect information, expectations formation, business cycles, monetary and fiscal policy.

Roger Backhouse
Research Interests: Paul A. Samuelson, History of welfare economics, History of empirical macroeconomics, History of economics (general).

Dr Ceri Davies
Research Interests: Macroeconomics, monetary economics.

Professor David Dickinson
Research Interests: Financial sector reform, financial institutional behaviour.

John Fender
Research Interests: Theoretical Macroeconomics, Monetary Policy, Fiscal Policy

Professor Alessandra Guariglia
Research Interests: Links between macroeconomic activity and finance, firm behaviour under imperfect capital markets, economics of transition in China, household saving and consumption decisions, health economics.

Domenico Moro
Research Interests: Macroeconomics, Health Economics, Political Economics, Labour economics.

Dr Paola Paiardini
Research Interests: Market microstructure, financial economics, experimental economics.

Dr Frank Strobel
Research Interests: Banking, financial intermediation, financial economics.

Oleksandr Talavera
Research Interests: Online prices, social media, online vacancies, central bank communication, house prices.

Dr Yao Yao
Research Interests: Macroeconomics, labour economics.