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The Cambridge-INET Institute

 

The "Transmission Mechanisms and Economic Policy" theme at the Cambridge-INET Institute brings together researchers conducting fundamental research in macroeconomics. We use a variety of approaches – encompassing micro and macro econometrics, macro models and historical and institutional analysis – to develop theoretical and empirical work on a wide range of issues, from firm growth and firm churning to household level savings and inequality, from unemployment dynamics to supply chains, from the analysis of monetary policy to international finance and global imbalances. Our research aims to generate inputs for stabilisation and structural policy.


Coordinators:

Giancarlo Corsetti

Prof. Giancarlo Corsetti
Professor of Macroeconomics

Research Interests
International Economics and Open Economy Macroeconomics

Meredith Crowley

Prof. Meredith Crowley
University Reader

Research Interests
International trade and trade policy


Postdoctoral
Researchers:

Miguel Ferreira

Miguel Ferreira
Cambridge-INET Postdoctoral Research Fellow

Research Interests
Macroeconomics, Fiscal Policy, Heterogeneous Agents, Firm Dynamics, Financial Crises

 

Alexey Gorn

Dr Alexey Gorn
Cambridge-INET Postdoctoral Research Fellow

Research Interests
Macroeconomics, Macro-labor, and International Trade.

 


Juan Carlos Ruiz Garcia

Juan Carlos Ruiz Garcia
Cambridge-INET Postdoctoral Research Fellow

Research Interests
Macroeconomics, Firm Dynamics

 

Published Papers


The Looming Threat of Tariff Hikes: Entry into Exporting under Trade Agreement Renegotiation
Crowley, M. A., Exton, O. and Han, L., (2020), AEA Papers and Proceedings

Social Distancing and Supply Disruptions in a Pandemic
Bodenstein, M., Corsetti G. and Guerrieri, L., (2020), Covid Economics: Vetted and Real-Time Papers


Production Networks: A Primer
Carvalho, V. M. and Tahbaz-Salehi, A., (2019), Annual Review of Economics


Large Firm Dynamics and the Business Cycle
Carvalho, V. M. and Grassi, B., (2019), American Economic Review

Policy shocks and stock market returns: evidence from Chinese solar panels
Crowley, M. A., Meng, N. and Song, H., (2019), Journal of the Japanese and International Economies


 
 

See all the Published Papers for the Transmission Theme

Working Papers


Gravity in International Finance: Evidence From Fees on Equity Transactions
Milsom, L., Pazitka, V., Roland, I. and Wójcik, D., (WP2028)

Bank Default Risk Propagation along Supply Chains: Evidence from the U.K.
Spatareanu, M., Manole, V., Kabiri, A. and Roland, I., (WP2027)


The Unequal Effects of Covid-19 on Economists' Research Productivity
Amano-Patiño, N., Faraglia, E., Giannitsarou, C. and Hasna, Z., (WP2022)


The Impact of the Coronavirus Lockdown on Mental Health: Evidence from the US
Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C., (WP2021)

Inequality in the Impact of the Coronavirus Shock: Evidence from Real Time Surveys
Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C., (WP2018)


 
 

See all the Working Papers for the Transmission Theme

Visitors


Dr Danial Lashkari
Assistant Professor of Economics and International Studies Boston College

Research
Intersection of Economic Growth, Innovation, and International Trade

Visiting between:
(05 Oct 2020 - 09 Oct 2020)

Host: Vasco Carvalho

Dr Joao Duarte
Assistant Professor of Economics, Nova SBE

Research
Macroeconomics, Housing, Monetary Policy and Economic Growth

Visiting between:
(04 Mar 2020 - 08 Mar 2020)

Host: Giancarlo Corsetti


Dr Luca Dedola
European Central Bank

Research
International macroeconomics and finance, Monetary Economics

Visiting between:
(30 Jan 2020 - 03 Feb 2020)

Host: Giancarlo Corsetti

Dr Jordi Gali
Senior Researcher, CREI

Research
Macroeconomic Theory and Monetary Economics

Visiting between:
(04 Nov 2019 - 07 Nov 2019)

Host: Vasco Carvalho


 
 

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Past Events


Rebuilding Macroeconomics Cambridge-INET Sustainable Growth Hub Workshop

Rebuilding Macroeconomics Cambridge-INET Sustainable Growth Hub Workshop

Rebuilding Macroeconomics and Cambridge-INET are hosting the Sustainable Growth Hub Workshop at King's College, University of Cambridge on 16th March 2020. The aim of this workshop is to discuss the preliminary results of projects funded by the Hub. Presentations will be given on some interim findings to open up a general discussion and encourage a cross-fertilization of ideas from members of the Network.

Event Date - Monday 16th March 2020


Sandra Batten

Sandra Batten "Central Banks and Climate Change" - Public Talk

As part of the Rebuilding Macroeconomics Cambridge-INET Sustainable Growth Hub Workshop, Rebuilding Macroeconomics and Cambridge-INET are hosting a public talk by Sandra Batten (Bank of England) on Monday 16th March 2020, 03:15pm - 04:30pm in King's College, Cambridge.

Event Date - Monday 16th March 2020


The Centenary Conference on Keynes’s Economic Consequences of the Peace

The Centenary Conference on Keynes’s Economic Consequences of the Peace

Cambridge-INET is proud to announce a major conference on Keynes’s 1919 book. The book is celebrated as a brilliant piece of advocacy by one of the 20th century’s pre-eminent economists. This distinguished event will take place at King’s College, Cambridge, on September 9th-10th 2019. See the event website for more details.

Event Date - Monday 9th September 2019 - Tuesday 10th September 2019


New Economics of Exchange Rate Adjustment

New Economics of Exchange Rate Adjustment

Cambridge-INET are holding an event "New Economics of Exchange Rate Adjustment" on 21st and 22nd March 2018, from 9.00am - 5.00pm, in The Elton-Bowring Room, Clare College, Cambridge. Please register you interest.

Event Date - Thursday 21st March 2019 - Friday 22nd March 2019


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News


Emerging Market Currency Risk Around ‘Global Disasters’

Emerging Market Currency Risk Around ‘Global Disasters’

Professor Giancarlo Corsetti has had a chapter published in CEPR's ebook "COVID-19 in Developing Economies". The chapter "Emerging Market Currency Risk Around ‘global disasters’: Evidence from the Global Financial Crisis and the COVID-19 Crisis" (joint with Simon Lloyd (Bank of England) and Emile Marin (PhD Candidate))

Published on - Wednesday 24th June 2020


UK-US Trade Deal Negotiations

UK-US Trade Deal Negotiations

Dr. Meredith Crowley gave testimony to the House of Commons International Trade Committee, via Zoom, on the 17th June 2020. You can watch a video of the meeting on the parliamentlive.tv website.

Published on - Monday 22nd June 2020


The Brexit Negotiations: A Stocktake

The Brexit Negotiations: A Stocktake

Dr. Meredith Crowley is one of the authors of a new report called "The Brexit Negotiations: A Stocktake", published by academic think tank UK in a Changing Europe. This report finds that it is hard to see how the sort of comprehensive deal the UK and EU say they want can be agreed without an extension.

Published on - Thursday 18th June 2020


CERF Best Student Paper Award

CERF Best Student Paper Award

The Faculty and Cambridge-INET Institute would like to congratulate PhD candidate and Cambridge Trust Cambridge-INET Scholarship student, Seung Hyun Maeng, who was one of just three students to win the CERF best student paper award for his paper "Debt Crises, Fast and Slow" (joint with Giancarlo Corsetti).

Published on - Friday 12th June 2020


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