Macroeconomics and International
Macroeconomics and International Economics
The Macro and International Economics Research Group consists of faculty and PhD students and is primarily a research group. Most of the interaction centres around our weekly seminar and workshop, but we also take responsibility for the teaching curriculum in macroeconomics, international finance and international trade. Our members are also affiliated with the Centre for Competitive Advantage in the Global Economy (CAGE), the Centre for Macroeconomics (CfM), the National Institute of Economic and Social Research (NIESR), and the Centre for Economic Policy Research (CEPR). We frequently host visitors for research seminars or longer stays.
At the heart of the group's interaction are the weekly seminar for external visitors and a weekly workshop for internal faculty and PhD students. Our other events include annual workshops in empirical macro (with Warwick Business School), international trade (with CAGE) and the "Micro and Macro" workshops (with the Econometrics and Labour Group), occasional conferences, an internal summer workshop, reading groups, and a welcome lunch for the new PhD students at the start of the academic year.
Our activities
Macroeconomics and International Economics Seminar
Thursday: 2.00-3.30pm
For faculty and PhD students at Warwick and other top-level academic institutions across the world. For a detailed scheduled of speakers confirmed please follow the Events link below.
Organisers: Federico Rossi, Christine Braun and Marta Santamaria
Macroeconomics and International Economics Workshop
Tuesday: 12.00-1.00pm
For faculty and PhD students at Warwick and occasional external speakers, to present their work and give feedback to each other. For a detailed scheduled of speakers confirmed please follow the Events link below.
Organisers: See-Yu Chan and Andrea Guerrieri D’Amati
People
Academics
Academics associated with the Macroeconomics Reseach Group are:
Research Students
Events
Macro/International Seminar - Diego Kaenzig (Northwestern)
Title: The Unequal Economic Consequences of Carbon Pricing
Abstract: This paper studies how carbon pricing affects emissions, economic aggregates and inequality. Exploiting institutional features of the European carbon market and high-frequency data, I identify a carbon policy shock. I find that a tighter carbon pricing regime leads to a significant increase in energy prices, a persistent fall in emissions and an uptick in green innovation. This comes at the cost of a temporary fall in economic activity, which is not borne equally across society: poorer households lower their consumption significantly while richer households are less affected. Not only are the poor more exposed because of their higher energy share, they also experience a larger fall in their income. These indirect, general-equilibrium effects turn out to be quantitatively important. My results suggest that targeted fiscal policy can reduce the economic costs of carbon pricing without compromising emission reductions.