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The Cambridge-INET Institute - continuing as the Janeway 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
Pierre Werner Chair at the European University Institute

Research Interests
International Economics and Open Economy Macroeconomics

Meredith Crowley

Prof. Meredith Crowley
Professor of International Economics
Senior Fellow, UK in a Changing Europe
Research Fellow, CEPR (London)

Research Interests
International trade and trade policy


Postdoctoral
Researchers:

Miguel Ferreira

Dr Miguel Ferreira
Janeway Institute Postdoctoral Research Fellow

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

 


Published Papers


Rising Temperatures, Falling Ratings: The Effect of Climate Change on Sovereign Creditworthiness
Klusak, P., Agarwala, M., Burke, M., Kraemer, M. and Mohaddes, K. , (2023), Management Science

More than Words: Leaders' Speech and Risky Behavior During a Pandemic
Ajzenman, N., Cavalcanti, T. and Da Mata, D , (2023), American Economic Journal: Economic Policy, forthcoming


The value of sick pay
Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C. , (2023), European Economic Review

Perceived returns to job search
Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C. , (2023), Labour Economics


The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation
Freund, L. B., Lee, H. and Rendahl, P. , (2023), Review of Economic Dynamics, forthcoming

Climate Change and Economic Activity: Evidence from U.S. States
Mohaddes, K., Ng, R. N. C., Pesaran, M. H., Raissi, M. and Yang, J-C. , (2022), Oxford Open Economics, accepted


 
 

See all the Published Papers for the Transmission Theme

Janeway Institute Working Papers


Granular Banking Flows and Exchange-Rate Dynamics
Bippus, B., Lloyd, S., Ostry, D. , (JIWP2314)

Greed? Profits, Inflation, and Aggregate Demand
Bilbiie, F. O., Kanzig, D. R. , (JIWP2313)



Short and Variable Lags
Buda, G., Carvalho, V. M., Corsetti, G., Duarte, J. B., Hansen, S., Moura, A. S., Ortiz, A., Rodrigo, T., Rodríguez Mora, J. V., Alves da Silva, G. , (JIWP2308)


 
 

Cambridge-INET Working Papers



Venture Capital Booms and Startup Financing
Janeway, W. H., Nanda, R. and Rhodes-Kropf, M. , (WP2120)


Maternal Labor Supply: Perceived Returns, Constraints, and Social Norms
Boneva, T., Kaufmann, K. and Rauh, C. , (WP2118)

News Entropy
Kuhlen, N. and Preston, A. , (WP2114)


 
 

See all the Working Papers for the Transmission Theme

Visitors


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

Dr Antonio Dalla-Zuanna
Research Associate at the Institute for Fiscal Studies

Research
Labour economics and the economics of education

Visiting between:
(24 Sep 2019 - 25 Sep 2019)

Host: Kai Liu


 
 

See all the Visitors for the Transmission Theme

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


See all the Past Events for the Transmission Theme

News


Three successful in Academic Career Pathways

Three successful in Academic Career Pathways

The University of Cambridge Academic Career Pathways scheme recognises and reward outstanding contributions and celebrate academic achievement through promotion and pay progression. This year, all three of the candidates from the Faculty of Economics that were put forward have been successful.

Published on - Friday 16th June 2023


Tight jobs market? AI meets worker shortage

Tight jobs market? AI meets worker shortage

Christopher Rauh’s discussion paper published by the Centre for Economic Policy Research has been mentioned in an article by Reuters on the tough jobs market.

Published on - Friday 17th February 2023


Meredith Crowley on Brexit

Meredith Crowley on Brexit

Professor Meredith Crowley was interviewed on the BBC 2 TV programme Newsnight with her analysis of the state of the UK economy three years on from Brexit.

Published on - Wednesday 1st February 2023


Research indicates for every 30 Covid deaths, one extra person dies

Research indicates for every 30 Covid deaths, one extra person dies

New research by Professor Christopher Rauh has discovered that there was at least one additional preventable death among hospital patients for every 30 deaths that can be linked to the recent pandemic.

Published on - Tuesday 1st November 2022


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