Centre for Macroeconomics

CFM News and Upcoming Events

Friday 19 October 2018: Silvana Tenreyro elected President of the EEA.
Congratulations to Silvana Tenreyro on being elected President of the European Economic Association. She will serve as the president of the Association in 2021, after being Vice President and President-Elect.

Friday 28 September 2018: CFM Member Garrick Hileman reserach on Stablecoins
CFM's Garrick Hileman has released new research on Stablecoins, cryptocurrencies designed to minimize volatility - one of the main issues around cryptocurrency. Available here.

Tuesday 31 July 2018: Professor Silvana Tenreyro named British Academy Fellow
Silvana Tenreyro is among 76 distinguished scholars to be elected to the British Academy Fellowship in 2018, joining over 1,400 Fellows.
The British Academy, founded in 1902, is an ‘independent fellowship of world-leading scholars and researchers; a funding body for research, nationally and internationally; and a forum for debate and engagement’.

Monday 21 May 2018: Congratulations to Kilian Huber
PhD candidate and CFM member Kilian Huber wins AQR Top Finance Graduate Award at Copenhagen Business School.

Monday 08 May 2018: CFM Survey

Should Bank of England wait before raising interest rates? Latest CFM Survey on monetary policy and labour markets now online, results available here.

Friday 27 April 2018: Congratulations to Rachel Ngai and Barbara Petrongolo
Rachel Ngai and Barbara Petrongolo awarded the American Economic Journal: Macroeconomics 2018 Best Paper Award.

Monday 23 April 2018: Congratulations to Silvana Tenreyro
Silvana Tenreyro awarded the Carl Menger Prize for innovative, international research in the fields of monetary macroeconomics and monetary policy.

 Tuesday 02 January 2018: CFM Survey

December's CFM survey: Are cryptocurrencies a threat? Answers to the latest CFM Survey now online at the CFM Survey website.

Monday 27 November 2017: CFM Survey

Latest CFM Survey results now available exploring consensus on the UK housing market and the economy, full details available at the CFM Survey website.

Wednesday 15 November 2017: Ricardo Reis Award Junior Prize in Monetary Economics and Finance (Banque de France), and Bernacer Prize.
Congratulations to CFM member Ricardo Reis on receiving the Junior Prize in Monetary Economics and Finance, from Banque de France and Toulouse School of Economics. Full details (in French) are available on the Banque de France's website. Additionally, Ricardo has also been awarded the 16th edition of the Bernacer Prize for young economists, full details available here.

Thursday 26 October: CFM Member Publication
Congratulations to Kilian Huber, LSE and CFM PhD student, who has just got a paper accepted at the American Economic Review. The paper is called “Disentangling the Effects of a Banking Crisis: Evidence from German Firms and Counties” and is available at https://sites.google.com/site/kilianhuberecon/

Friday 13 October 2017: CFM Survey

Results are now online for the latest CFM Survey looking at Global risks from rising debt and asset prices.

Monday 18 September: CFM Survey

Latest Survey results now available, economists discuss the benefits of the Euro following Juncker's State of the Union address. Full results are available on the Survey Website.



17-18 December 2018: 2nd Annual NuCamp Conference
The 2nd Annual NuCamp Conference will take place at St Hugh’s College, Oxford on December 17-18. The preliminary programme is available here [PDF]. 
The conference is open to all CFM members. Please register at nucamp@nuffield.ox.ac.uk if you would like to attend on one or both days. The organisers (Martin Ellison, Andrea Ferrero and Michael McMahon)

Monday 01 October 2018: CFM and LSE Department of Economics Public Lecture

The Fed and Lehman Brothers: setting the record straight on a financial disaster: Why didn’t the Federal Reserve rescue Lehman Brothers? This lecture debunks the explanation given by Fed officials–lack of legal authority–and explore the real reasons for the decision to let Lehman fail. Video of this event will be available shortly.

Thursday 06 September: CFM and LSE Financial Markets Group Lecture
Getting Rules into Policymakers' Hands: A Review of Rules-Based Macro Policy: Mario Marcel and Ricardo Reis compares the reasons and risks behind choosing one or another policy approach, exemplifying with the cases of monetary and fiscal policy frameworks. A special focus is given to disentangle the reasons on why monetary policy rules are more complied with than fiscal rules. The lecture deconstructs macro policy rules first to then interrogate the evidence and distil lessons from practice in emerging economies, focusing on Chile in particular. Chaired by Dimitri Vayanos.


09-10 July 2018: Oxford - Indiana Macroeconomic Policy Conference
The 1st Oxford-Indiana Macroeconomic Policy Conference was held in London on the 9th July and Oxford on the 10th July. With have keynotes from John Cochrane, Chris Sims and Peter Stella, a policy panel featuring Philip Lane, Ben Broadbent and David Miles, and ten academic papers with discussants. The full programme for both days is available here [PDF].

Monday 09 July 2018: CFM and LSE Department of Economics Public Lecture

Adam Smith: what he thought and why it matters: Jesse Norman offers a Smithian analysis of contemporary markets, predatory capitalism and the 2008 financial crash; it addresses crucial issues of inequality, human dignity and exploitation; and it provides a compelling explanation of why Smith is central to any attempt to defend and renew the market system. A Podcast of this event is available here.

Friday 01 June: NIESR/RICS/CaCHE CFM Conference
The Broken Housing Market: This free one-day conference brings together leading academics, policymakers and practitioners to discuss what is "broken" about the UK housing market and how we might go about fixing it. The event takes place at the Institution of Civil Engineers, London. Further details are available here.

Monday 14 May 2018: CFM and LSE Department of Economics Public Lecture

How Central Bankers Rigged the World: Nomi Prins shows how the 2007–2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles - with government support. A podcast of this event is available on the LSE's website.

Wednesday 25 April: LSE Department of Economics A.W. Phillips Chair Inaugural Lecture

The New Conventional Central Bank: CFM's Ricardo Reis gives his inaugural lecture as A W Phillips Professor of Economics, asking what lessons from the financial crisis can central banks carry over into normal times.

Monday 23 April 2018: CFM and LSE Department of Economics Public Lecture

The Value of Everything: making and taking in the global economy: Mariana Mazzucato argues that if we are to reform capitalism, we urgently need to rethink where wealth comes from - who is creating it, who is extracting it, and who is destroying it? A Podcast of this event is available on the LSE website.

Thursday 08 March 2018: CFM and LSE Department of Economics Public Lecture

The Almighty Dollar: Dharshini David lays bare complex interrelationships through the simple story of one dollar as it moves through the opaque international system. A podcast of this event is available at the LSE website, and video of this event will be available soon.

Wednesday 07 February 2018: NIESR Economist's Briefing
NIESR Economist's Briefing, chaired by Director Jagjit Chadha, concentrated on the trade-offs that confront the UK and EU for the upcoming Brexit negotiations and the consequences of these on the economic outlook, with presentations from Garry Young, Director of Macroeconomic Modelling and Forecasting, and Amit Kara, Head of UK Macroeconomic Forecasting.

Monday 29 January 2018: CFM and LSE Department of Economics Public Lecture

The Growth Delusion: David Pilling questions the most fundamental measurement of economics: gross domestic product, exposing how our obsession with growth is distorting our view of what really matters, and leading to policies that are increasingly at odds with people’s lived experience.