Different Ways of Working: Reforming Employment Law, Tax and Social Security for the 21st Century. June 15th at the British Academy, Carlton House Terrace

Posted: 08/06/2017

Organised by Abi Adams, Associate Professor of Economics, with colleagues in the Faculty of Law and Centre for Business taxation, this conference brings together leading speakers from the worlds of economics, employment law, taxation and social security and introduces perspectives from Sweden, France, Australia and the USA.

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The University of Oxford has moved up to 8th place in the Tilburg University Economics Ranking based on research contribution for the period between 2012-2016

Posted: 02/06/2017

The University of Oxford has moved up to 8th place in the Tilburg University Economics Ranking based on research contribution for the period between 2012-2016

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The Macroeconomics Research Group is hosting a one-day workshop on International Economics on May 18th. The speakers are Hélène Rey, Ken Rogoff, Andrea Ferrero, Silvana Tenreyro and Ambrogio Cesa-Bianchi.

Posted: 11/05/2017

We are pleased to announce that Oxford has joined LSE, UCL, NIESR and the Bank of England as a partner in the Centre for Macroeconomics (CFM).

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Professor Kenneth Rogoff, the Sanjaya Lall Visiting Professor for 2017 will be presenting a public lecture on Tuesday 16 May

Posted: 09/05/2017

Professor Kenneth Rogoff, Professor of Economics and the Thomas D. Cabot Professor of Public Policy at Harvard University, is joining the Department of Economics as the Sanjaya Lall Visiting Professor for Trinity Term 2017.

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The 2017 Hicks Lecture will be given by Professor Amy Finkelstein, John & Jennie S. MacDonald Professor of Economics at MIT, on Thursday 4 May

Posted: 02/05/2017

 

The 2017 Hicks Lecture, sponsored by Oxford Economic Papers, will be given by Professor Amy Finkelstein, John & Jennie S. MacDonald Professor of Economics, at the Massachusetts Institute of Technology on Thursday May 4th.

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Research conducted by Associate Professor Abi Adams has been used as evidence in a Supreme Court case challenging Employment Tribunal Fees

Posted: 04/04/2017

Research conducted by Associate Professor Abigail Adams, from the Department of Economics and Associate Professor Jeremias Prassl, from the Oxford Faculty of Law has been used as evidence in a Supreme Court hearing that is challenging the legality of Employment Tribunal Fees in the UK.

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"The Great Escape? A Quantitative Evaluation of the Fed's Liquidity Facilities"

Posted: 06/03/2017

Marco Del Negro, Gauti Eggertsson, Andrea Ferrero and Nobuhiro Kiyotaki
American Economic Review (2017) 107 (3), 824-857.

DOI: 10.1257/aer.20121660

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Kenneth Rogoff, Professor of Economics and the Thomas D. Cabot Professor of Public Policy at Harvard University, will be joining the Department of Economics for Trinity Term 2017 as the Sanjaya Lall Visiting Professor.

Posted: 03/02/2017

 

Kenneth Rogoff, Professor of Economics and the Thomas D. Cabot Professor of Public Policy at Harvard University, will be joining the Department of Economics for Trinity Term 2017 as the Sanjaya Lall Visiting Professor.

 

Kenneth Rogoff - Biography
From 2001–2003, Rogoff served as Chief Economist at the International Monetary Fund. His 2009 book with Carmen ReinhartThis Time Is Different: Eight Centuries of Financial Folly has been very widely cited by academics, policymakers and journalists. One regularity that Reinhart and Rogoff illustrate is the remarkable quantitative similarities across time and countries in the run-up and the aftermath of severe financial crises. In general, they show that for financial crises, the differences between emerging markets and advanced countries are far less pronounced than previously believed. Rogoff is also known for his seminal work on exchange rates and on central bank independence. His treatise Foundations of International Macroeconomics (joint with Maurice Obstfeld) is the standard graduate text in the field worldwide. His new book, The Curse of Cash (September 2016), argues the case for drastically scaling back the world’s paper currency supply. His monthly syndicated column on global economic issues is published in over 50 countries. He is a senior fellow at the Council on Foreign Relations, and serves on the Economic Advisory Panel of the New York Federal Reserve.

Rogoff is an elected member of the National Academy of Sciences, the American Academy of Arts and Sciences, and the Group of Thirty. Rogoff is among the top eight on RePEc’s ranking of economists by scholarly citations. He is also an international grandmaster of chess.

 

Further information about Professor Rogoff’s work can be found here.

Further information about the Sanjaya Lall Visiting Professorship can be found here.

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Our congratulations to Kalina Manova who has been awarded a 2016 ERC Consolidator Grant for research on Global Firms and Global Value Chains: Measurement and Mechanisms

Posted: 07/12/2016

Research Abstract

The growing fragmentation of production across firms and countries has revolutionized international trade in recent decades. Firms today choose which production stages to conduct themselves and which to outsource to other parties, which to complete at home and which to offshore abroad. Known as global value chains (GVCs), this phenomenon creates new challenges and opportunities for individual firms and aggregate economies. Of primary policy interest are the implications of GVCs for growth, the transmission of shocks across firms and borders, and the design of economic policies. Yet academic research has faced two major challenges: poor measurement and poorly understood mechanisms. This ambitious research program that will use exceptional new data and novel GVC measures for path-breaking GVC analysis. First, it will exploit unique panel data on firm production, management practices, export and import transactions for the world’s two largest export economies, China and the US; and unique panel data on firm production, export and import transactions, and the network of domestic firm-to-firm transactions for one of the most open economies, Belgium. Second, it will develop measures that comprehensively characterize three dimensions of firms’ GVC activity: value added (total/domestic/foreign), production line position (upstreamness), and network position (centrality). Third, it will empirically and theoretically examine the impact of GVCs on firm growth, shock transmission, and export-finance policy through six synergistic projects. Each project will make a distinct contribution by investigating new economic mechanisms, establishing new empirical facts, and combining theory and data for informative welfare calculations. The novelty of the data and the complex mechanisms driving GVCs make this research program highly ambitious. At the same time, the importance of understanding GVCs for economic policy and academic research make this agenda extraordinarily high-return.

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Vincent P. Crawford, "New Directions for Modelling Strategic Behavior: Game-theoretic Models of Communication, Coordination, and Cooperation in Economic Relationships"

Posted: 30/11/2016

Vincent P. Crawford, "New Directions for Modelling Strategic Behavior: Game-theoretic Models of Communication, Coordination, and Cooperation in Economic Relationships", Journal of Economic Perspectives 30(4), Fall 2016, 131–150.

Open access link https://www.aeaweb.org/articles?id=10.1257/jep.30.4.131

 

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