Paul Levine

Paul Levine

Professor of Economics



Paul Levine received a first-class BSc and a PhD, both in Mathematics, from the University of Manchester. He then taught and researched in the area of applied mathematics at Liverpool Polytechnic and the Polytechnic of North London before joining South Bank Polytechnic in 1972. His move into economics began at South Bank as the result of collaborative research with Sam Aaronovitch into merger activity and a year studying for an MSc in economics (distinction) at Queen Mary College followed in 1977. In 1984 he became a senior research officer at the Centre for Economic Forecasting, London Business School and was appointed Professor of Economics at the University of Leicester in 1989. In 1994 he moved to the University of Surrey.

Research interests

Professor Levine's general research area is in open economy macroeconomics with a particular focus on policy rules, international policy coordination and the credibility problem. Other research interests include the economics of immigration, defence economics and the economics of radio spectrum. He has numerous publications in leading economics journals including the Economic Journal, Economic Letters, the Journal of Economic Theory , the European Economic Review , the Journal of Economic Dynamics and Control , the Journal of Monetary Economics and Oxford Economic Papers. He is co-author with Professor David Currie of a book, Rules Reputation and Macroeconomic Policy Co-ordination (CUP). Other activities include: consultancy for Ofcom, visiting researcher at the IMF and the ECB, and visiting Professor at Autỏnoma University, Barcelona.

Keynote Lectures

"The Credibility Problem Revisited: Thirty Years on from Kydland and Prescott", 2006, (with J. Pearlman and B. Yang). Keynote Lecture given at the European Economics and Finance Society 2006 Conference in Heraklion, Crete, June 2006


Media Contacts

Contact the press team


Phone: +44 (0)1483 684380 / 688914 / 684378
Out-of-hours: +44 (0)7773 479911
Senate House, University of Surrey
Guildford, Surrey GU2 7XH

My publications





  • Gabriel, V., Levine, P., Pearlman, J. and B. Yang. An Estimated DSGE Model of the Indian Economy. Forthcoming, Handbook of the Indian Economy, ed., C. Ghate.
  • Ali Choudhary & Paul Levine & Peter McAdam & Peter Welz. "Happiness Inertia: Analytical Aspects of the Easterlin Paradox," Forthcoming, Oxford Economic Papers.


Selected Working Papers