Working Papers

Examining the crucial role of poverty and inequality in shaping household indebtedness.

The re-emergence of inflation threw the ‘science of monetary policy’ off the rails. Do the new tweaks to the theory work?

Creating the post-2008 global safety net for mega-banks

By permitting business definitions of “efficiency” to leak over into the antitrust lexicon, antitrust scholars have done a great disservice

Monetary policy should be guided much more by financial sector developments and much less by near-term targets for inflation.

Central banks strongly favored rentier incomes in their reaction functions

Were the sharp increases in prices during 2020-2022 due to fundamental shifts in supply and demand or are they attributable to excessive market speculation?

Changes to deeply entrenched systems of unequal gender power dynamics, roles and relations, underpinned by patriarchal values, are part of an effective response to the prevention of sexual harassment and its economic consequences.

Does cyber risk exposure, as opposed to actual incidents, affect firm outcomes?

Revenues to GB electricity generators in 2022 increased by almost £30bn, compared to pre-COVID levels.

Antitrust econometrics relies on often-implausible assumptions

Despite the shock and the costs, the sanctions imposed on the Russian economy were in the nature of a gift.

A Balance-of-Payments Constrained Growth Perspective

On the dereliction of key US-based business corporations to take the lead in making the investments in organizational learning required to generate cutting-edge communication-infrastructure products.

If primary commodities and mid-to-high-tech manufacturing products are produced by industries with different wage shares, there are distributive implications of deepening trade integration with certain regions with respect to others.