In the Spring 2011 grant cycle, INET and CIGI awarded over $3 million to 23 projects and research programs
In this cycle, INET and CIGI award more than $3 million to support selected Project Grants and Research Programs over the next five years.
In response to the inadequacy of existing economic knowledge, as revealed by the current financial crisis, the Grant Program has been designed to identify key areas in economics that require significant attention and support the research that addresses these gaps. The process of inviting proposals and awarding grants functions to highlight current priorities and nourish grantees’ development of new approaches in economic theory and practice.
The Spring 2011 Grant Program funded proposals that focused on a range of topics
- Macroeconomics and Finance
- Monetary and Financial Market Policy
- Fiscal Policy
- Political Economy
- Economic History
- History of Economic Thought
- Historical Data Availability
- Trends in Inequality in Emerging Markets
- Microeconomic Assumptions
Selected projects offer a diversity of approaches and global perspectives that target critical issues that have been neglected by conventional economic analysis.
“As we look at the grant round in the spring of 2011, I can see a focus on financial instability, the instability of expectations, and the role of financial and monetary policy,” commented Dr. Robert Johnson, Executive Director of INET. “In this cycle, we also received more grant proposals with researchers from emerging markets. It’s exciting to see that our messages and our programs are starting to spread throughout the world, increasing both the relevance and effectiveness of INET in addressing the challenges faced by our global economy. INET plans to extend its geographic reach and focus more on scholars in the emerging markets as time proceeds.”
“CIGI is proud to partner with INET to fund research into innovative solutions for the great economic challenges of the 21st century,” said CIGI Executive Director Thomas A. Bernes.
Spring 2011 Grant Program Details
In the Spring 2011 Grant Program, over 400 proposals were reviewed by the research jury and narrowed down to 59 finalists from which 23 Project Grants and Research Programs were identified and approved by INET’s Governing Board. The Governing Board is continuing to review additional Research Programs.
The entire field of Spring 2011 grant recipients comes from 15 different countries in North America, Europe, Asia, Australia, Latin America and the Middle East.
The 23 grants are listed below:
- A Constructive Critique of Economic Modeling; Peter Spiegler, University of Massachusetts, Boston, USA
- A Failure to Communicate? Central Bank Guidance in Good Times and Bad; Pierre Siklos, Wilfrid Laurier University, Canada
- Advancing Imperfect Knowledge Economics; Roman Frydman, New York University, USA
- An International Network on Expectational Coordination; Roger Guesnerie, Paris School of Economics, France (Additional team members participating in this project are located in Chile, China, Israel, Japan, the Netherlands, Spain, Switzerland, and the USA.)
- Book on Turbulent Dynamics in Advanced Economies; Anwar Shaikh, New School for Social Research, USA
- Creating a Global Systemic Risk Initiative; Peterson Institute for International Economics, USA
- Development and Inequality: What can the “Asian” Experience Teach Us?; Vamsicharan Vakulabharanam, University of Hyderabad, India
- Economic History Research Program, Joint Center for History and Economics, University of Cambridge and Harvard University, UK and USA
- Economic Thinking and Buddhist Thinking; Ronald Wintrobe, University of Western Ontario, Canada
- Emergency Preservation of Federal Bankruptcy Court Records, 1940-2000; Mary Hansen, American University, USA
- English Agricultural Markets and the State: The Corn Returns, 1685-1864; D’Maris Coffman, Newnham College, University of Cambridge, UK
- Estimation of Stock Flow Consistent Models; Stephen Kinsella, University of Limerick, Ireland
- Extending Monetary Macroeconomics and Developing a Dynamic Monetary Simulation Tool; Steve Keen, University of Western Sydney, Australia
- Finance and the Welfare of Nations: The View from Economic History; Alan M. Taylor, University of California, Davis, USA
- Hierarchy, Identity, and Collective Action; Rajiv Sethi, Barnard College, Columbia University, USA
- New Tools in the Credit Network Modeling with Agents' Heterogeneity; Rosario Nunzio Mantegna, University of Palermo, Italy
- Policy Implications of Darwinian Versus Newtonian Views of the Economy; Kenneth Carlaw, University of British Columbia, Canada
- Protocols of War and the Driving Force of Modeling Strategy; Judy Klein, Mary Baldwin College, USA
- Reorienting Fiscal Policy: A Bottom Up Approach; Pavlina Tcherneva, Franklin & Marshall College, USA
- Spillovers to Slavery: The Long and Short Run Economic Impacts of Slavery in the USA; Jeremiah Dittmar, American University, USA
- The Political Economy of the New “Fiscalism”; Mario Seccareccia, University of Ottawa, Canada
- Understanding Finance’s Potential for Growth and for Crisis; Dirk Bezemer, University of Groningen, Netherlands
- Understanding Macroeconomic Fragility; Harald Uhlig, University of Chicago, USA