Macroeconomics Group

We undertake research in a range of areas including monetary policy, fiscal policy, expectations formation, sovereign bond default, central banking communication and forward guidance, policy credibility, maturity structure, dynamic contracts, financial frictions, closed and open-economy macro. We conduct both research and theoretical work. We are heavily involved with the Centre for International Macroeconomic Studies, which also incorporates other groups in the School and external members.

Our research

We publish in world-class journals such as the Quarterly Journal of Economics, Journal of Political Economy, Review of Economic Studies, Journal of Economic Theory, Journal of Monetary Economics, Economic Journal, Journal of the European Economic Association, Journal of International Economics, among many others. Another example of our achievements is Professor Paul Levine’s ranking among RePEc’s top five per cent average rank score and Professor Ricardo Nunes top three per cent average rank score in last 10 years (as of September 2018).

We attract research funding on a regular basis. Projects have been funded from the Nuffield Foundation, UK Research Innovation, European Commission Cordis, European Commission H2020, European Commission FP7, ESRC, French National Research Agency, Danish Social Sciences Research Foundation as well as private donors. From 2012 to 2018 we were involved with several projects with a total funding value of more than four and a half million pounds. The Centre for International Macroeconomic Studies also generates income which is used in a variety of research activities.

The high quality research produced by us has led to links with several central banks and policy institutions. On February 2018 one of our members joined the Council of Economic Advisors to the Chancellor of the Exchequer, providing economic advice to the Chancellor, the HMT, and the Government on a range of key economic issues. The members of the macro group have been involved as academic visitors or consultants with several institutions including the Federal Reserve Bank of Boston, the International Monetary Fund, Her Majesty's Treasury, the Bank of England, the Bundesbank, and the Bank of Portugal. We regularly give talks at central banks and policy institutions.

We also run the Centre for International Macroeconomic Studies. One of the activities we run is our an easter and summer school. These events attract researchers from several central banks, academia, and policy institutions. We organise regular dedicated seminars, and conferences. PhD students working with the macroeconomics group have been placed at the International Monetary Fund, the Bank of Canada, among other institutions and academia.

Postgraduate research students

Name Role Email address

Marta Alvaro-Taus

PhD Research Student

Rodolfo Arioli PhD Research Student

Omar Boye

PhD Research Student

Valentina Di Girolamo

PhD Research Student

Joseph Grilli

PhD Research Student

Donghyun Park

PhD Research Student

Hye Jin Park PhD Research Student

Sandra Rhouma

PhD Research Student

Luca Rondina

PhD Research Student

Stylianos Tsiaras

PhD Research Student

Thanh Son Pham

PhD Research Student

Contact us

  • Phone: +44 (0)1483 689380

Find us

School of Economics
Elizabeth Fry Building
University of Surrey