Group Convenor: Andrea Ferrero

The research interests of the group cover a wide range of issues in macroeconomics and macroeconomic policy. The group is complemented by a steady flow of visitors from policy-making and academic institutions, making for lively intellectual and social interactions.

There is a weekly seminar series with external speakers held in collaboration with Exeter College under the generous sponsorship of Banco Santander, plus informal workshops where faculty and students present their work in progress.

Exeter College Seminar in Macroeconomics

Recent Publications


• Guido Ascari, "The Macroeconomics of Trend Inflation" (with Argia Sbordone), Journal of Economic Literature, 2014

• Paul Beaudry, "Reconciling Hayek and Keynes’ Views of Recessions" (with Dana Galizia and Franck Portier), Review of Economic Studies, forthcoming

• Martin Ellison, "Welfare cost of business cycles in economies with idiosyncratic consumption risk and a preference for robustness" (with Tom Sargent), American Economic Journal: Macroeconomics, 2015

• Andrea Ferrero, "The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities" (with Marco Del Negro, Gauti Eggertson and Nobuhiro Kiyotaki), American Economic Review, 2017

• Sophocles Mavroeidis, "Identification using stability restrictions" (with Leandro Magnusson), Econometrica, 2014

• Rick van der Ploeg, "The Elephant in the ground: managing oil and sovereign wealth” (with Ton S. van den Bremer and Samuel Wills), European Economic Review, 2016

• Francesco Zanetti, "Changing Macroeconomic Dynamics at the Zero Lower Bound" (with Philip Liu, Haroon Mumtaz and Konstantinos Theodoridis), Journal of Business and Economic Statistics, forthcoming



Current research grants

• Francesco Zanetti, The Leverhulme Trust Research Grant, "Where is the news in business cycles? A new approach with novel methodologies." 2014-2017


If you would like to find out more about the research and activities of the research group then please contact the convenor.