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Dennis Novy

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Curriculum Vitae

Contact Details

Telephone: +44 (0)24 761 50046

Email: D dot Novy at warwick dot ac dot uk

Room: S2.90

Advice and feedback hours: Thursdays 4-6pm

Twitter: @DennisNovy 


Related Links

Associate Professor of Economics

Dennis Novy is an Associate Professor of Economics at the University of Warwick and a Research Fellow at the Centre for Economic Policy Research (CEPR). He is also an Associate at the Centre for Economic Performance (CEP) at the London School of Economics. He was appointed to the UK Council of Economic Advisers by the Chancellor of the Exchequer in 2018. Dennis was the Specialist Adviser to the House of Lords on the Transatlantic Trade and Investment Partnership (TTIP) in 2013/14. He received a PhD from the University of Cambridge. Link to CV

Research Interests

My research on Google Scholar

  • International Trade
  • International Economics
  • Macroeconomics
  • Economic History

Working Papers

"Trade and Uncertainty" Also available as NBER Working Paper #19941 and CEPR Discussion Paper #9888 (with Alan M. Taylor). See the policy column at VoxEU. Conditionally accepted at Review of Economics and Statistics.

"Estimating Border Effects: The Impact of Spatial Aggregation" Also available as CEPR Discussion Paper #11226 and as Federal Reserve Bank of St. Louis Working Paper 2016/006 (with Cletus Coughlin). See the policy column at VoxEU.

"Vehicle Currency Pricing and Exchange Rate Pass-Through" Also available as CEPR Discussion Paper #13085 (with Natalie Chen and Wanyu Chung).

"The Consequences of the Brexit Vote for UK Inflation and Living Standards: First Evidence" Also available as part of the LSE/CEP Brexit Analysis (with Holger Breinlich, Elsa Leromain and Thomas Sampson). See the policy column at VoxEU.

"Currency Unions, Trade, and Heterogeneity" Also available as CEPR Discussion Paper #12954 (with Natalie Chen). See the policy column at VoxEU.

"Trade Blocs and Trade Wars during the Interwar Period" Also available as NBER Working Paper #25830 and CEPR Discussion Paper #13716 (with David Jacks).

Recent TV Interviews


Publications

"Who Voted for Brexit? Individual and Regional Data Combined" European Journal of Political Economy 56, January 2019, pp. 132-150. Also available as CEPR Discussion Paper #13110 (with Eleonora Alabrese, Sascha Becker and Thiemo Fetzer).

"The Economic Effects of Brexit - Evidence from the Stock Market" Fiscal Studies 39(4), December 2018, pp. 581-623. Also available as CEPR Discussion Paper #13147 (with Holger Breinlich, Elsa Leromain, Thomas Sampson and Ahmed Usman). See the policy column at VoxEU.

"Market Potential and Global Growth over the Long Twentieth Century" Journal of International Economics 114, September 2018, pp. 221-237. Also available as NBER Working Paper #22736 and CEPR Discussion Paper #11570 (with David Jacks). The data set is available here.

"Who Voted for Brexit? A Comprehensive District-Level Analysis" Economic Policy 32(92), October 2017, pp. 601-650. Also available as CEPR Discussion Paper #11954 (with Sascha Becker and Thiemo Fetzer). See the policy column at VoxEU. The data set is available for download here.

"Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade" CESifo Economic Studies 59(2), June 2013, pp. 249-276. Also available as Federal Reserve Bank of St. Louis Working Paper 2009/057 (with Cletus Coughlin).

"International Trade without CES: Estimating Translog Gravity" Journal of International Economics 89(2), March 2013, pp. 271-282 (lead article). Online appendix available here. Also available as CEPR Discussion Paper #9125. See the policy column at VoxEU.

"Gravity Redux: Measuring International Trade Costs with Panel Data" Economic Inquiry 51(1), January 2013, pp. 101-121. 2013 Best Article Award for publication in Economic Inquiry. The data set is available for download here. Also see the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) update of Novy comprehensive trade cost measure.

"On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations" World Trade Review 11(3), July 2012, pp. 401-414. Also available as CEPR Discussion Paper #8883 (with Natalie Chen).

"Gravity, Trade Integration, and Heterogeneity across Industries" Journal of International Economics 85(2), November 2011, pp. 206-221. Online appendix available here. Previous version entitled "International Trade Integration: A Disaggregated Approach" available as CEPR Discussion Paper #7103 (with Natalie Chen). See the policy column at VoxEU.

"Trade Booms, Trade Busts, and Trade Costs" Journal of International Economics 83(2), March 2011, pp. 185-201. Also available as NBER Working Paper #15267 (with David Jacks and Christopher Meissner). The data set is available here. Also see the policy column at VoxEU and the EBook chapter on the role of trade costs in the great trade collapse of 2008/09.

"Trade Costs and the Open Macroeconomy" Scandinavian Journal of Economics 112(3), September 2010, pp. 514-545.

"Trade Costs in the First Wave of Globalization" Explorations in Economic History 47(2), April 2010, pp. 127-141. Also available as NBER Working Paper #12602 (with David Jacks and Christopher Meissner). The data set is available here.

"Trade Costs, 1870-2000" American Economic Review 98(2), Papers & Proceedings, May 2008, pp. 529-534 (with David Jacks and Christopher Meissner). See the policy column at VoxEU.


Affiliations

Research Fellow, Centre for Economic Policy Research (CEPR)

Associate, Centre for Economic Performance (CEP), London School of Economics

Research Associate, Centre for Competitive Advantage in the Global Economy (CAGE)

Research Fellow, CESifo, Munich


Conferences Organised

LSE conference: "The Economic Consequences of Brexit", London, September 2018

Warwick conference: "CAGE International Trade Research Day 2015", The Shard London, May 2015

CEPR/CAGE/ECARES conference: "Global Fragmentation of Production and Trade Policy", Brussels, September 2014

Warwick conference: "CAGE International Trade Research Day 2013", Warwick University, May 2013

LSE/Warwick conference: "CAGE/CEP Workshop on Trade Policy in a Globalised World", Venice, June 2012

Warwick conference: "CAGE International Trade Research Day", Warwick University, February 2011

Venice conference: "Trade Costs and International Trade Integration: Past, Present and Future", Venice, June 2010


Teaching

EC106 Introduction to Quantitative Economics

EC336 International Trade

EC9B3 Topics in Macroeconomics and International Economics


Links for Students and Blogs

Slides on trade and the changing role of distance

Why study economics?

Preparing for Graduate School (hosted by the AEA)

Careers in Economics (hosted by the AEA)

VoxEU.org 

FT Alphaville 

Greg Mankiw's Blog 

Dani Rodrik's Blog

Economist's View

Brad DeLong's Blog 

Economic Principals

EconLog 

Marginal Revolution

Paul Krugman 

Stephen Williamson's Blog

Freakonomics Blog