Recent Research Output
Current funded projects
The Macroeconomic Effects of Protectionist Industrial Policies
Josh Ding — BA/Leverhulme Small Research Grant
Innovation, Labour Reallocation, and Macroeconomic Adjustment
Jonathan Swarbrick — BA/Leverhulme Small Research Grant
Quantifying the Cultural Roots of the Industrial Revolution
Radek Stefanski — Google Cloud
Recent Publications
The Interaction between Credit and Labour Market Frictions
Yulia Moiseeva, (forthcoming)
International Economic Review
Dynamic Effects of Industrial Policies Amidst Geoeconomic Tensions
Josh Ding, Adam Hal Spencer, Zinan Wang, (2026)
European Economic Review, 185
Does the sequence matter? Interest rates, quantitative easing or forward guidance
Tudor Schlanger, Lena Suchanek, Jonathan Swarbrick, Joel Wagner and Yang Zhang, (2026)
International Journal of Central Banking, 21(1)
Limited asset market participation and monetary policy in a small open economy
Paul Levine, Stephen McKnight, Alex Mihailov and Jonathan Swarbrick, (2025)
Journal of Economic Dynamics and Control, 173
A Unified Model of Learning to Forecast
George Evans, Christopher G. Gibbs and Bruce McGough, (2025)
American Economic Journal: Macroeconomics, 17(2)
Social Learning and Expectational Stability
George Evans and Bruce McGough, (2025)
Journal of Economic Dynamics and Control, Special Issue in honor of Jasmina Arivovic, 172
The Dynamics of Product and Labor Market Power: Evidence from Lithuania
Josh Ding, Jose Garcia-Louzao, Valentin Jouvanceau, (2025)
The Economics of Transition and Institutional Change, 33(1)
Selection, patience, and the interest rate
Radek Stefanski and Alex Trew, (2024)
Journal of Political Economy: Macroeconomics, 2(1)
Lending standards, productivity, and credit crunches
Jonathan Swarbrick, (2023)
Macroeconomic Dynamics, 27(2)
What have the monetary authorities really stabilised, and does it matter?
David Cobham and Peter Macmillan, (2023)
Open Economies Review, 34
Are long-horizon expectations (de-)stabilizing? Theory and experiments
George Evans, Cars Hommes, Bruce McGough and Isabella Salle, (2022)
Journal of Monetary Economics, 132
Expectations, stagnation and fiscal policy: a nonlinear analysis
George Evans, Seppo Honkapohj and Kaushik Mitra, (2022)
International Economic Review, 63(3)
Economic performance under different monetary policy frameworks
David Cobham, Peter Macmillan, Connor Mason and Mengdi Song, (2022)
Journal of Policy Modeling, 44(2)
The RPEs of RBCs and other DSGEs
David Evans, George Evans and Bruce McGough, (2022)
Journal of Economic Dynamics and Control, 143
Bounded Rationality and Unemployment Dynamics
David Evans, George Evans and Bruce McGough (2022)
Economics Letters, 210