Our research strengths are in dynamic macroeconomics, choice theory, bounded rationality, game theory, expectations and learning, competition and innovation and climate change. We support two research centres - the Centre for Dynamic Macroeconomic Analysis (CDMA) and the Centre for Research in Industry, Enterprise, Finance and the Firm (CRIEFF), and we are also actively involved in the Scottish Institute for Research in Economics (SIRE).

For more information please visit the School of Economics & Finance home page.

Recent Submissions

  • Entrepreneurship, agency frictions and redistributive capital taxation 

    Knowles, Matthew Paul; Boar, Corina (2017-08-27) - Working or discussion paper
    Motivated by the observation that among OECD countries redistribution is negatively correlated with entrepreneurial activity, we examine the implications of entrepreneurial financial frictions for optimal linear capital ...
  • Capital deaccumulation and the large persistent effects of financial crises 

    Knowles, Matthew Paul (2015-01-17) - Working or discussion paper
    In a panel of OECD and emerging economies, I find that banking crises are characterized by larger initial drops in investment than other large recessions and are followed by particularly persistent drops in output. ...
  • The clarity incentive for issue engagement in campaigns 

    Basu, Chitralekha; Knowles, Matthew Paul (2017-06-14) - Working or discussion paper
    Although parties focus disproportionately on favorable issues in their election campaigns, it is also the case that parties spend much of the ‘short campaign’ addressing the same issues – and especially salient issues. If ...
  • ​Afriat's Theorem and Samuelson's 'Eternal Darkness' 

    Polisson, Matthew; Renou, Ludovic (2016-08) - Journal article
    Suppose that we have access to a finite set of expenditure data drawn from an individual consumer, i.e., how much of each good has been purchased and at what prices. Afriat (1967) was the first to establish necessary and ...
  • Examining monetary policy reaction in the People’s Republic of China – a Markov switching policy index approach 

    Egan, Paul Gerard; Leddin, Anthony J. (2016-05-13) - Journal article
    This paper estimates a monetary policy rule for the People’s Republic of China (PRC) using a standard OLS estimation and a Markov switching model. As the People’s Bank of China (PBOC) generally uses a battery of instruments ...

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