The Institute for New Economic Thinking (INET) and the Centre for International Governance Innovation (CIGI) have awarded $4 million in research grants to fund 32 different projects aimed at finding solutions for the world’s most pressing economic problems.
“We are pleased that we had the opportunity to consider so many strong proposals in this grant round,” INET Executive Director Rob Johnson said. “These 32 grants span a wide range of economic issues, but they all challenge conventional economic thinking in important ways. They emphasize inductive reasoning to escape the straightjacket of deductive reasoning founded on implausible assumptions. While we are funding exciting new research on the links between financial markets and the rest of the economy, as we have in the past, we are also supporting creative research in sustainable economics for the first time.”
“The daily economic news reminds us constantly of the need for new innovative approaches to address today’s economic challenges – from sovereign debt issues, the need for new growth policies, addressing inequities, ensuring sustainable growth, and many more,” CIGI Executive Director Thomas A. Bernes said. “The CIGI-INET Grant Program provides young scholars an opportunity to bring their energy and talents to bear on these problems and, hopefully, contribute to the identification of new approaches and policies.”
Grants awarded:
- A Network-Based Analysis of Financial Markets, Michael Gofman, University of Wisconsin-Madison
- A New Tractable Approach for Bounded Rationality in Economics, Xavier Gabaix, New York University
- A Revolution in Economic Theory: The Economics of Sraffa, Ajit Sinha, Indira Gandhi Institute of Development Research
- Analytical Aspects of Real-Financial Linkages in Systems of Heterogeneous Interacting Agents, Herbert Gintis, Santa Fe Institute; Mauro Gallegati, Università Politecnica delle Marche, Ancona; Simone Landini, Socioeconomic Research Institute of Piedmont, Turin; Antoine Mandel, Centre d’Economie de la Sorbonne, CNRS-University Paris 1, Paris
- Capital Controls and the International Monetary System, Anton Korinek, University of Maryland
- Correlations in Complex Heterogeneous Networks, Imre Kondor, Parmenides Foundation; Stefano Battiston, ETH, Zurich; Giorgio Fagiolo, Sant’Anna School of Advanced Studies, Pisa; Alan Kirman, GREQAM, Marseille
- Distributional Impacts of Climate Policy: A Comprehensive Approach, Thomas Masterson, Bard College
- Economical and Political Determinants of Policy Responses to Crises, Fabrizio Coricelli, Université Paris 1 Panthéon-Sorbonne
- Eliciting Maternal Knowledge about the Technology of Skill Formation, Flavio Cunha, University of Pennsylvania
- Evolution of Beliefs, Volatility of Exchange Rates and Market Experiments, Jasmina Arifovic, Simon Fraser University
- Expanding Ethical Thinking on the Economics of Climate Change, Julie Nelson, University of Massachusetts-Boston
- Extending "Minsky" and Integrating ASFF, Steve Keen, University of Western Sydney
- Financial Globalization and Macroeconomic Policy, Philip Lane, Trinity College-Dublin
- Two Key Financial Institutions: A Study of Real Linkages and Policy Influence, Janine Wedel, George Mason University
- Free from What? Evolving Notions of ‘Market Freedom’ in the History and Contemporary Practice of US Antitrust Law and Economics, Nicola Giocoli, University of Pisa
- Geometric Marginalism, Eric Weinstein, Natron Group; Pia Manaley, Kennedy School of Government, Harvard University
- Green Economic Macro-Model and Accounts (GEMMA), Peter Victor, York University
- Greening Economic Growth: How can Environmental Regulation Enhance Innovation and Competitiveness?, Paul Lanoie, HEC Montreal
- Heterogeneous Expectations and Financial Crises (HExFiCs), Cars Hommes, University of Amsterdam
- Just Growth?: Social Equity and Metropolitan Economic Performance, Manuel Pastor, University of Southern California; Chris Benner, University of California Davis
- Lifecycle Human Capital Investment, Borrowing Constraints and Risk, Lance Lochner, University of Western Ontario
- Reorienting Fiscal Policy: A Bottom Up Approach, Pavlina Tcherneva, Franklin and Marshall College
- Replication in Empirical Economics, Thomas Kneib, University of Goettingen
- Research Project on Sustainability, Distribution, and Stability at the New School for Social Research, Duncan Foley, New School for Social Research; Lance Taylor, New School for Social Research
- Scarcity: Historicizing the First Principle of Political Economy, Carl Wennerlind, Barnard College
- Social Econometrics, Steven Durlauf, University of Wisconsin-Madison
- State-Contingent Environmental Policy, Ross McKitrick, University of Guelph
- Sustainable Finance Lab Research Program, Mark Sanders, Utrecht University
- The Emergence of a Finance Culture in American Households, 1983-2010, Neil Fligstein, University of California-Berkeley
- The Long Run History of Economic Inequality: Income, Wealth and Financial Crisis, Facundo Alvaredo, Conicet-Paris School of Economics; Sir Tony Atkinson, Institute for New Economic Thinking at Oxford Martin School; Salvatore Morelli, Oxford University
- The Southern Homestead Act and Black Economic Mobility, Melinda Miller, U.S. Naval Academy
- The Unpublished Writings of J.M. Keynes – Stage I, Rod O'Donnell, University of Technolog-Sydney
