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EEA 2020 Scientific Programme Committee Chair

Professor Vasco M. Carvalho, has been appointed the EEA 2020 Scientific Programme Committee Chair, for the 35th Annual Congress of the European Economic Association, which will held at the ERASMUS University Rotterdam (The Netherlands), on the 24th - 27th August 2020.

Published on - Wednesday 13th November 2019


Ogilvie Public Lecture in Amsterdam

Professor Sheilagh Ogilvie will give a public lecture on 19 November 2019 on “How Do Bad Institutions Survive? European Guilds, c. 1000 – c. 1880”. The lecture is hosted by the Amsterdam Centre for Urban History and will be held at Oost Indisch Huis, the seventeenth-century headquarters of the Dutch East India Company. Read More>>

Published on - Tuesday 12th November 2019


National Food Strategy Advisory Panel

Dr. Meredith Crowley has been appointed to the Department for Environment, Food & Rural Affairs's (DEFRA) Advisory Panel for a National Food Strategy. This advisory panel of experts from across agriculture, retail, food manufacture, NGOs and academia has today been named to support the development of the National Food Strategy.

Published on - Thursday 7th November 2019


IMF Annual Research Conference

Professor Giancarlo Corsetti will speak at The International Monetary Fund's Twentieth Jacques Polak Annual Research Conference, which is being held at the IMF headquarters in Washington DC on 7th-8th November 2019. Prof. Corsetti's talk will be on his paper "Debt Sustainability and the Terms of Official Support", joint with Aitor Erce (European Investment Bank) and Timothy Uy (Deloitte).

Published on - Wednesday 6th November 2019


The Zombie Economy

Dr. Meredith Crowley's research "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", joint with Oliver Exton and Lu Han, was cited in the article "The Zombie Economy" in The Economist.

Published on - Tuesday 5th November 2019


US-China Trade Relations: A Way Forward

Dr. Meredith Crowley is a member of the US-China Trade Policy Working Group. Bloomberg reported that this trans-national working group have just released a proposal "US-China Trade Relations: A Way Forward", which proposes a new way to negotiate an end to the US-China Trade War. The statement was co-signed by a number of prominent economists and legal scholars, including 5 Nobel Laureates in Economics. Read More>>

Published on - Monday 28th October 2019


The Price of Warming

Dr. Kamiar Mohaddes's paper "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis" (joint with Kahn, M. E., Ng, R. N. C., Pesaran, M. H., Raissi, M. and Yang, J-C.) has been covered in Scientific American's November issue, "Warming Will Cost Rich and Poor Countries Alike".

Published on - Monday 28th October 2019


Passing a Brexit Deal Could Still End in No Deal

Dr. Meredith Crowley was quoted in The New York Times article "Getting Brexit Deal Over Finish Line Would Only Begin a Torturous New Race", which predicts that should Parliament pass the current Brexit deal, then this would only be the start of tough trade deal negotiations with the EU, that would more than likely end in a no deal outcome.

Published on - Sunday 27th October 2019


Uncertainty's Effect on Business Investment

Dr. Meredith Crowley's research "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", joint with Oliver Exton and Lu Han, was cited in the article "How Uncertainty Hits Business Investment" in The Financial Times.

Published on - Saturday 26th October 2019


UK Eyes Post-Brexit Trade Deal with Japan

Dr. Meredith Crowley was quoted in the Japan Times article "As UK eyes post-Brexit trade deal with Japan, its hand may not be as strong as it thinks", discussing the prospects for a Japan-UK Free Trade Agreement post-Brexit.

Published on - Thursday 17th October 2019


UK Tweaks Tariffs Amid No-Deal Brexit Countdown

Dr. Meredith Crowley was quoted in the Guardian newspaper article "UK tweaks tariffs amid no-deal Brexit countdown", which looks at the recent changes made to the temporary tariff schedule by Department for International Trade, in preparation for the UK leaving the EU.

Published on - Thursday 10th October 2019


UK Revises No Deal Tariffs

Dr. Meredith Crowley was on BBC Radio 4's Today Programme discussing the government's new plan for tariffs under a no deal Brexit. You can listen to the programme on the BBC website (starts at 1h 46m).

Published on - Tuesday 8th October 2019


Brexit and Global Trade

Dr. Meredith Crowley was quoted in The New York Times article "Global Trade is Deteriorating Fast and Sapping the World’s Economy", regarding the negative impact that Brexit is having on the growth of global trade.

Published on - Tuesday 1st October 2019


Market Power and Innovation in the Intangible Economy

A recent paper by PhD Candidate Maarten De Ridder of the Faculty of Economics was discussed in yesterday’s speech by ECB Vice-President Luis de Guindos. De Guindos summarized Market Power and Innovation in the Intangible Economy, which is Maarten’s Job Market Paper for the year 2019-2020.

Published on - Wednesday 25th September 2019


Faculty Articles Recommended for Undergraduate Teaching

Professor Vasco M. Carvalho, Professor Sheilagh Ogilvie and Professor Sir Partha Dasgupta have all had papers submitted to the Journal of Economic Perspectives, by fellow Professor's, as articles that have found useful to support teaching.

Published on - Tuesday 24th September 2019


Council of the Game Theory Society

Professor Sanjeev Goyal has been elected to the Council of the Game Theory Society. The Game Theory Society is an international society for the advancement of game theory and its applications and the Council acts as the governing board of the Society. Read More>>

Published on - Monday 23rd September 2019


Guilds and Inclusiveness Keynote

Professor Sheilagh Ogilvie will give the opening keynote lecture on 19th September 2019 at the annual conference of the World Interdisciplinary Network for Institutional Research (WINIR). The theme of the conference is "Institutions for Inclusive Societies". Sheilagh's lecture is on "Guilds and Inclusiveness", drawing on the findings of her recent book, The European Guilds: An Economic Analysis. Read More>>

Published on - Wednesday 18th September 2019


What Does the Oil Price Surge Mean for the UK Economy?

Dr. Kamiar Mohaddes's paper "Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis" (joint with M. Hashem Pesaran, University of Southern California) has been covered in an article by the Telegraph, "What does the oil price surge mean for the UK economy?".

Published on - Tuesday 17th September 2019


The European Guilds - Tides of History Podcast

Professor Sheilagh Ogilvie has recorded a podcast on her book, The European Guilds, for Tides of History, an online documentary program dedicated to exploring how history helps us understand our world and how it got to be the way it is. You can listen to Sheilagh’s podcast here.

Published on - Monday 27th May 2019


Review of World Economics Young Economist Prize

Faculty of Economics Research Associate Dr. Lu Han has been awarded the Review of World Economics Young Economist Prize 2019 for his paper "The Mutable Geography of Firms' International Trade: Evidence and Macroeconomic Implications". Read More>>

Published on - Tuesday 10th September 2019


The Economic Consequences of the Peace Blog

To celebrate the centenary of "The Economic Consequences of the Peace" by John Maynard Keynes, the Marshall Library has been publishing a series of blogs about the publication, reception and reaction to Keynes's famous book. The latest post "Standing Room Only" discusses how Keynes gave themed lectures on the topic of the Peace shortly after writing the book. Read More>>

Published on - Wednesday 4th September 2019


Dollars and sense: The sterling depreciation and UK price competitiveness

Professor Giancarlo Corsetti, Dr. Meredith Crowley, and Lu Han have published an article for VOXeu titled "Dollars and sense: The sterling depreciation and UK price competitiveness". This column shows that UK export price response to depreciation depends on the currency in which UK firms invoice their cross-border transactions.

Published on - Wednesday 28th August 2019


The chilling economic effects of Brexit uncertainty are intensifying

Dr. Meredith Crowley, Oliver Exton, and Lu Han's paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", which looks into the effect of Brexit on exports, has been quoted by the Economist.

Published on - Tuesday 27th August 2019


Climate Change Could Shrink the Economies of Virtually all Countries

Dr. Kamiar Mohaddes's paper "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis" (joint with Matthew E. Kahn, Ryan N.C. Ng, M. Hashem Pesaran, Mehdi Raissi, and Jui-Chung Yang) has been highlighted in an article by the University of Cambridge's Research News. Read More>>

Published on - Tuesday 20th August 2019


Fast Trading and the Virtue of Entropy

Professor Giancarlo Corsetti, Romain Lafarguette and Arnaud Mehl have published an article for VOXeu titled "Fast Trading and the Virtue of Entropy". This column argues that high-frequency trading can increase market efficiency and the quality of trade.

Published on - Wednesday 14th August 2019


What Free Ports Can and Can’t Achieve

Dr. Meredith Crowley was quoted in The Economist article "What free ports can and can’t achieve", regarding the government's new policy to create free ports or free trade zones. It is proposed there will be ten of the new tariff-free zones around the UK, post-Brexit.

Published on - Friday 9th August 2019


Freeports Advisory Panel

Dr. Meredith Crowley has been appointed to serve on the Freeports Advisory Panel at the Department for International Trade under Secretary of State Liz Truss. This Panel has been set up to ensure the UK is ready to trade post-Brexit.

Published on - Monday 5th August 2019


Fast Trading and the Virtue of Entropy

Professor Giancarlo Corsetti has just published a paper in the European Central Bank's (ECB) Working Paper Series. The paper "Fast Trading and the Virtue of Entropy: Evidence from the Foreign Exchange Market" is joint with Romain Lafarguette and Arnaud Mehl.

Published on - Wednesday 31st July 2019


Advances in the Economics of Religion

Dr. Sriya Iyer's co-edited volume "Advances in the Economics of Religion" is the featured publication on the International Economic Association (IEA) home page. This book is the outcome of the IEA Roundtable on The Economics of Religion which was hosted at St Catharine's College, Cambridge in 2017 and co-sponsored by Cambridge-INET.

Published on - Monday 29th July 2019


Dr. Matt Elliott joins Cambridge-INET as a Coordinator

Cambridge-INET is delighted to announce that Dr. Matt Elliott will be joining as a Coordinator for the Networks, Crowds and Markets research theme, on the 1st August 2019. Read More>>

Published on - Thursday 18th July 2019


Symposium on Competition Policy

Dr. Flavio Toxvaerd organised a Symposium on Competition Policy at Clare College Cambridge, on the 17th of May 2019. The Bennett Institute have added videos of the days presentations to their website. Read More>>

Published on - Thursday 18th July 2019


Debt Sustainability Assessments - The State of the Art

Professor Giancarlo Corsetti was invited to discuss "Debt Sustainability Assessments - The State of the Art" at the International Monetary Fund, by the IMF Strategy and Policy Review Department, on July 15th 2019. Read More>>

Published on - Wednesday 17th July 2019


Advances in the Economics of Religion

Dr. Sriya Iyer is the co-editor (with Jean-Paul Carvalho and Jared Rubin) of a new volume title "Advances in the Economics of Religion". This new book is the outcome of the International Economic Association Roundtable on The Economics of Religion which was hosted at St Catharine's College, Cambridge in 2017.

Published on - Wednesday 10th July 2019


Production Networks in Macroeconomics

Professor Vasco Carvalho was asked to give a keynote address at the 2019 ESCoE Conference on Economic Measurement. The series of ESCoE Conferences on Economic Measurement aim to promote research on economic measurement and increase dialogue between academic economists, national statisticians and statistics users to improve economic measurement. Read More>>

Published on - Wednesday 10th July 2019


Impacts of Brexit Report

Dr. Meredith Crowley was involved in writing a new academic report that evaluates the impacts of Brexit so far. The Brexit Scorecard report has been conducted by the academic think tank The UK in a Changing Europe, and rates impact in four areas: the economy and public finances, fairness, openness and control.

Published on - Monday 24th June 2019


Is the U.S. Still Driving Globalization?

Dr. Meredith Crowley was quoted in an article by the New York Times which discusses the changing position of the U.S. in globalization and the world order, particularly in light of President Trump's current China U.S. trade war and the tariffs imposed on Mexico.

Published on - Thursday 20th June 2019


UK in a Changing Europe

Dr. Meredith Crowley has been made one of nine Senior Fellows by the ESRC for her research into "UK Trade Policy post-Brexit". The UK in a Changing Europe Hub has been given an additional £3.19 million, which will enable the hub to run for a further three years. Read More>>

Published on - Wednesday 19th June 2019


What would a US-UK trade deal look like?

Dr. Meredith Crowley spoke to BBC News about a potential US-UK trade deal, along with David Henig (UK Director of European Centre For International Political Economy). You can watch the discussion on BBC presenter Christian Fraser's Twitter feed.

Published on - Wednesday 5th June 2019


Institutions and Macroeconomic Policies in Resource-Rich Arab Economies

Dr. Kamiar Mohaddes's edited volume "Institutions and Macroeconomic Policies in Resource-Rich Arab Economies", joint with Jeffrey B. Nugent (University of Southern California) and Hoda Selim (International Monetary Fund), has just been published by Oxford University Press. Read More>>

Published on - Friday 31st May 2019


Trade War: The Clash of Economic Systems Threatening Global Prosperity

Dr. Meredith Crowley is the editor of a new CEPR Vox eBook, "Trade War: The Clash of Economic Systems Threatening Global Prosperity". The eBook was launched today via the CEPR website and is acompanied by a VoxEU column introduction, written by Dr. Crowley.

Published on - Thursday 30th May 2019


Optimal Monetary Stabilization in Response to Inefficient Capital Flows

Professor Giancarlo Corsetti has been invited to the Bank of Japan-IMES 2019 conference in Tokyo, to speak on "Optimal Monetary Stabilization in Response to Inefficient Capital Flows". The conference runs from 29th - 30th May 2019. Read More>>

Published on - Wednesday 29th May 2019


Vasco Carvalho New Cambridge-INET Director

Cambridge-INET is delighted to announce that Professor Vasco Carvalho has been appointed as the new Director of the Institute. Read More>>

Published on - Friday 3rd May 2019


US-China Trade War

Dr. Meredith Crowley gave two interviews about the ongoing US-China trade war. The first was the lead story for the BBC World Service - World Update "Trump imposes tariffs on China" and the second for BBC World News - TV Impact, "Will the US and China reach a deal?". She was also quoted in the article "Who loses out in the US-China trade war?", featured on the BBC website.

Published on - Tuesday 14th May 2019


US-China Trade Dispute, Tariff Threats and Negotiations

Dr. Meredith Crowley gave four interviews about the US-China trade dispute and negotiations. BBC Radio 4 - Today Programme (starts 1h 51m), BBC World Service - World Update (starts 27m 30s) BBC World Service - Newshour (starts 31m 22s) and BBC World News - Impact.

Published on - Tuesday 7th May 2019


Volatility, Macroeconomic Policy and Institutions in Resource-Rich Economies

Dr. Kamiar Mohaddes gave a presentation on the 16th April 2019 entitled "Volatility, Macroeconomic Policy and Institutions in Resource-Rich Economies" at the Workshop on Macroeconomic Stability & Diversification in Oil-based Economies in Riyadh (16th-17th April 2019), organized by King Abdullah Petroleum Studies and Research Center (KAPSARC).

Published on - Wednesday 1st May 2019


Symposium on World Trade - Brexit Panel

Dr. Meredith Crowley will be speaking on a panel at the Mathematical Sciences Research Institute's (MSRI) Symposium on World Trade at the British Academy on 23rd May 2019. Dr. Crowley will be taking part in the "Brexit and the United Kingdom’s Future Trade Relationships in the Global Economy" panel discussion. Read More>>

Published on - Wednesday 1st May 2019


Brexit Uncertainty

Oliver Exton (PhD student) will present his research on "Brexit uncertainty", at the Royal Economic Society Annual Conference on Wednesday 17th April 2019. His talk will be based on the paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports" (joint with Dr. Meredith Crowley and Lu Han). Read More>>

Published on - Monday 15th April 2019


Debt Sustainability and Debt Vulnerabilities

Professor Giancarlo Corsetti will give a talk on Debt Sustainability and Debt Vulnerabilities at the distinguished Third Interdisciplinary Sovereign Debt Research and Management Conference. This event is being hosted by the Georgetown’s Institute of International Economic Law, in Washington D.C., on 11th-12th April 2019.

Published on - Friday 12th April 2019


The European Guilds Book Launch

Princeton University Press, the Faculty of Economics and the Cambridge-INET Institute held an event to celebrate the publication of Professor Sheilagh Ogilvie's The European Guilds: An Economic Analysis book. The event took place on 14th March 2019 in the Old Combination Room, Trinity College. See a selection of photographs from the evening.

Published on - Thursday 28th March 2019


Is Britain Currently in an Economic Crisis?

Dr. Meredith Crowley took part in a Brexit discussion on the BBC news that looked into whether the UK is actually in a crisis over leaving the EU? You can listen to the programme on the BBC site.

Published on - Wednesday 13th March 2019


Impact of Foreign Exchange Rate Changes on UK Economy

Dr. Meredith Crowley gave extended interview to BBC Radio 4's Analysis program on "Fair Exchange?", in which she discusses how a falling value of the British pound sterling could impact the British economy. The programme will be broadcast on the 18th February 2019 at 8.30pm and will be available to listen online after.

Published on - Sunday 17th February 2019


The Euro Crisis in the Mirror of the European Monetary System

Professor Giancarlo Corsetti, Barry Eichengreen, Galina Hale and Eric Tallman have published an article for VOXeu titled "The euro crisis in the mirror of the European Monetary System", which looks at why the recovery from the euro area crisis was delayed for a decade and the role suitable backstops could have played in speeding up the recovery from the crisis.

Published on - Saturday 16th February 2019


US-China Trade War Negotiations

Dr. Meredith Crowley was interviewed on BBC Radio 4's Today programme about the ongoing Trade War negotiations between the US and China. Dr. Crowley's segment starts at 15:00 minutes into the broadcast.

Published on - Friday 15th February 2019


Official Lending and Debt Sustainability in the Euro Area

Professor Giancarlo Corsetti, Aitor Erce and Timothy Uy have published an article for VOXeu titled "Official lending in the euro area: Lessons for debt sustainability", that looks at how lengthening loan maturities and managing debt repayment flows has substantial effects on sustainability.

Published on - Wednesday 13th February 2019


Is Japan's EU deal a threat to the UK industry?

Dr. Meredith Crowley discusses how the new free trade agreement between the EU and Japan could be a possible threat to the post-Brexit British industry, in both the Guardian Newspaper and Customs Today.

Published on - Wednesday 6th February 2019


Trade and the Economy Panel

Dr. Meredith Crowley has been appointment to the Trade and the Economy Panel. The TEP is part of the Department for International Trade and aims to raise the DIT’s analytical capacity and capability, while championing high-quality, robust analysis to help secure the best outcomes for UK trade policy.

Published on - Tuesday 5th February 2019


Debt Sustainability Assessments

Professor Giancarlo Corsetti spoke at the European Stability Mechanism (ESM) on "Debt Sustainability Assessments: The state of the art". The seminar took place at the ESM premises, Luxembourg on January 25th 2019.

Published on - Tuesday 29th January 2019


Could a Free Port in Teesside be Feasible?

Dr. Meredith Crowley was quoted in The Economist article "Teesside bids to become Britain’s first free port", discussing the feasbility of a free port in Teesside.

Published on - Friday 25th January 2019


Renegotiation of Trade Agreements and Firm Exporting Decisions

Dr. Meredith Crowley gave three interviews about her Cambridge Working Papers in Economics research paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence form the Impact of Brexit on UK Exports" (joint with Oliver Exton and Lu Han). Read More>>

Published on - Monday 21st January 2019


Keynote Speech at Ridge Conference

Professor Giancarlo Corsetti's was the keynote speaker at the Ridge Conference in Montevideo, and debated "Capital flows, monetary and macroprudential policies, exchange rates, international reserve accumulation, sovereign debt and international spillovers" Read More>>

Published on - Wednesday 9th January 2019


Population Overshoot

The recording of Professor Partha Dasgupta's keynote address to the Symposium on The New Malthusianism on December 12 2018 is now available to watch. There is also a write up of the two day event and a selection of photographs.

Published on - Tuesday 8th January 2019