Staff profile

Thomas received his DPhil (PhD) from the University of Oxford, under supervision of Nobel Laureate Sir James A. Mirrlees.

Thomas is the Director of our Politics, Philosophy and Economics (PPE) programmes. He teaches MSc Advanced Macro, Public Choice, and Public Economics, and undegratuate Public Economics. Thomas is Senior Fellow of the Higher Education Academy. For more information, including CV, and PhD supervision.

visit Thomas' home page>>

Prospective PhD students are welcome to contact him directly.

Thomas' blog>>

 

• Energy Economics
• Green Finance and Socially Responsible Investment
• Optimal taxation and public economics in general (especially dynamic taxation)
• Endogenous Policy (political aspects of economic policy and public finance)
• Environmental economics
• Endogenous firm objectives
• Population economics

• Centre for Macroeconomic Policy
• Economics & Finance Department
• Environmental and Energy Economics
• Ethical Finance Accountability and Governance

• 2019: Plenary talk at The Bangladesh Energy Summit:
• 2019: Plenary talk at the Sustainable Development Goals & Governance Workshop:
• 2018: Scientific Committee Member, Conference on Socially Responsible Investments:
• 2017: Plenary talk at Jean Monnet Project conference - 'Socially Responsible Investments: An International Perspective':
• 2014: Scientific Committee Member, Annual Conference of the Money, Macro, and Finance Research Group (MMF):
• 2014: Scientific Committee Member, Annual Congress of the International Institute for Public Finance (IIPF):
• 2006: Plenary talk to the Politeia Conference: "Poverty or Prosperity: What tax is best for a flourishing future?", Politeia, London, July 2006.
• 2005: Co-organiser of the European Public Choice Society Annual Conference: Durham 31 March- 3 April 2005
• 2005: The Gosnell Lecture, Rochester Institute of Technology: Rochester, USA, 2005 Title: Political Economy of Taxation.
• 2002: Main organiser of the CEPR-IHS conference Dynamic Aspects of Policy Reforms: Vienna 27-29 September 2002
• 2002: Visiting Assistant Professor of Political Economy, Rochester: University of Rochester W. Allen Wallis Institute of Political Economy
• 2001: Main organiser of the CEPR-EPRU conference on Dynamic Aspects of Public Expenditure: Copenhagen 28-30 September 2001
• 0000: Associate Editor, Bulletin of Economic Research:
• 0000: Associate Editor, Review of Business and Economics Studies:
• 0000: Senior Fellow of Higher Education Academy:

Available for media contact about:

• Economics: Government policy in the area of taxation, electricity, population, environment and health

Chapter in book

• Marsiliani, Laura Naga, Lucy Renström, Thomas I. & Spataro, Luca (2023). Theory of Socially Responsible Investment: A Review. In Assessing the EU Strategy on Green Finance and ESG Factors. L. Spataro, M. C. Quirici & G. Iermano Palgrave MacMillan (Springer).

Conference Proceeding

• Renstrom, T. (2002). Political institutions and redistribution. Proceedings of the 2002 North American Summer Meetings of the Econometric Society: Economic Theory, US.

Journal Article

• Amin, Sakib Jamasb, Tooraj, Llorca, Manuel, Marsiliani, Laura & Renström, Thomas (2022). Decarbonisation Policies and Energy Price Reforms in Bangladesh. Energy Policy 170: 113224.
• Amin, S. Jamasb, T., Llorca, M. Marsiliani, L., Renström, T. I. & Sarkar, A. (2021). Captive Power, Market Access and Macroeconomic Performance: Reforming the Bangladesh Electricity Sector. Energy Economics 102: 105468.
• Renström, T.I. & Spataro, L. (2021). Optimal taxation in an endogenous growth model with variable population and public expenditure. Journal of Public Economic Theory 23(4): 639-659.
• Amin, S., Jamasb, T., Llorca, M., Marsiliani, L. & Renstrom, T. I. (2021). Combining Private and Public Resources: Captive Power Plants and Electricity Sector Development in Bangladesh. Emerging Markets Finance and Trade 57(14): 3891-3912.
• Renström, Thomas I., Spataro, Luca & Marsiliani, Laura (2021). Can subsidies rather than pollution taxes break the trade-off between economic output and environmental protection? Energy Economics 95: 105084.
• Marsiliani, L., Renstrom, T. I. & Wang, J. (2020). Optimal sin taxes in the presence of income taxes and health care. Economics Letters 186: 108767.
• Renstrom, T., Spatarom, L. & Marsiliani,L. (2019). Optimal taxation, environment quality, socially responsible firms and investors. International Review of Environmental and Resource Economics 13(3-4): 339-373.
• Renström, T. & Spataro, L. (2019). Population Growth: A Pure Welfarist Approach. Journal of Public Economic Theory 21(1): 135-166.
• Amin, Sakib Marsiliani, Laura & Renström, Thomas (2018). The Impacts of Fossil Fuel Subsidy Removal on Bangladesh Economy. The Bangladesh Development Studies 41(2): 65-81.
• Renström, T. & Spataro, L. (2015). Population Growth and human capital: a Welfarist Approach. The Manchester School 83(S2): 110-141.
• Spataro, L. & Renstrom, T. (2012). Optimal taxation, critical-level utilitarianism and economic growth. Journal of Public Economics 96(9-10): 727-738.
• Renström, T.I. & Spataro, L. (2011). The optimum growth rate for population under critical-level utilitarianism. Journal of Population Economics 24(3): 1181-1201.
• Marsiliani, L. & Renstrom, T.I. (2007). Political institutions and economic growth. Economics of Governance 8(3): 233-261.
• Basu, P. & Renström, T I. (2007). Optimal dynamic labor taxation. Macroeconomic Dynamics 11(5): 567-588.
• Marsiliani, L. & Renström, T I. (2006). The role of government commitment for environmental policy and capital movements. B.E. Journal of Macroeconomics 6(3): 8.
• Basu, P., Marsiliani, L. & Renström, T I. (2004). Optimal dynamic taxation with indivisible labour. The Manchester School 72(s1): 34-54.
• Renstrom, T. & Yalcin, E. (2003). Endogenous firm objectives. Journal of Public Economic Theory 5(1): 67-94.
• Marsiliani, Laura & Renstrom, Thomas I. (2000). Time Inconsistency in Environmental Policy: Tax Earmarking as a Commitment Solution. The Economic Journal 110(462): C123.
• Renstrom, Thomas I. (1996). Endogenous Taxation: An Overlapping Generations Approach. The Economic Journal 106(435): 471.

Report

• Amin, Sakib, Jamasb, Tooraj, Llorca, Manuel, Marsiliani, Laura & Renström, Thomas (2021). The Role of Captive Power Plants in the Bangladesh Electricity Sector. ADB (Asian Development Bank) Institute.

Working Paper

• Wang, Jiunn Marsiliani, Laura & Renstrom, Thomas (2017). Tax Reform, Unhealthy Commodities and Endogenous Health. 12.