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Our Publications


Eugeni, Sara. Nominal exchange rates and net foreign assets' dynamics: The stabilization role of valuation effects. Journal of International Money and Finance (2024)

Bambi, Mauro; Ghilli, Daria; Gozzi, Fausto; Leocata, Marta. Habits and demand changes after COVID-19. Journal of Mathematical Economics (2024)

Cakmaklı, Cem; Demiralp, Selva; Güneş, Gökhan Sahin. Do Financial Markets Respond to Populist Rhetoric? Oxford Bulletin of Economics and Statistics (2024).


Cakmaklı, Cem; Demiralp, Selva; Kalemli Ozcan, Sebnem; Yesiltas, Sevcan; Yıldırımk, Muhammed A. COVID-19 and emerging markets: A SIR model, demand shocks and capital flows. Journal of International Economics (2023)

Shchukin, Vladimir; Arbatli, Cemal Eren. Clientelism and development: Vote-buying meets patronage. Journal of Theoretical Politics (2023)

Chen, Xiaoshan; Leith, Campbell; Ricci, Mattia. Evaluating Fiscal Policy Reforms Using the Fiscal Frontier. Journal of Economic Dynamics and Control (2023) 

Kaygusuz, Remzi; Guner, Nezih; Ventura, Gustavo. Rethinking the Welfare State. Econometrica (2023) 

Basu, Parantap; Raj S. N, Rajesh; Sen, Kunal. Payment delay in workfare programmes and household welfare: Theory and some evidence from India. Manchester School (2023) 

Baltagi, Badi H.; Jimenez-Martın, Sergi; Labeaga, Jose M.; Al-Sadoon, Majid. Consistent estimation of panel data sample selection models. Econometrics and Statistics (2023) 

Basu, Parantap; Wada, Kenji. Unconventional Monetary Policy and the Bond Market in Japan: A New Keynesian Perspective. Japan and the World Economy (2023) 

Harris, Richard; Moffat, John. What explains the increase in trade union density and female share of union members in the United Kingdom in 2017-2020? Journal of Industrial Relations (2023) 

Arbatlı, Cemal Eren; Gokmen, Gunes. Human capital transfers and sub-national development: Armenian and Greek legacy in post-expulsion Turkey. Journal of Economic Growth (2023) 

Arbatlı, Cemal Eren. The Armenians of Aintab: The Economics of Genocide in an Ottoman Province. By Ümit Kurt. Cambridge, MA: Harvard University Press, 2021. Business History Review (2023) 

Basu, Parantap; Chivers, David; Park, Changhyun. Labour immobility between industries: Consequences for the macroeconomy. Economic Systems (2023)

Banerjee, Anurag, Basu, Parantap & Keller, Elisa. Cross-country Disparities in Skill Premium and Skill Acquisition. Economic Inquiry (2023)


Chen, X. Leeper, E. M. & Leith, C. (2022). Strategic Interactions in U.S. Monetary and Fiscal Policies. Quantitative Economics 13(2): 593-628.

Basu, Parantap, Bell, Clive & Edwards, T. Huw (2022). COVID Social Distancing and the Poor: An Analysis of the Evidence for England. The B.E. Journal of Macroeconomics 22(1): 211-240.



Arbatli, Cemal Eren; Gomtsyan, David. Sectarian aid, sanctions and subnational development. European Economic Review (2021)

Bambi, M. and Venditti, A. 'Time‐varying consumption tax, productive government spending, and aggregate instability.', International journal of economic theory (2021)

Bambi, M. and Eugeni, S. 'Nominal exchange rate determination and dynamics in an OLG framework.', Economic theory (2021)

Damjanovic, T. and Damjanovic, V. and Nolan, C. 'Unconditionally Optimal Ramsey policy.', Journal of Macroeconomics (2021)

Renström, T.I. & Spataro, L. Optimal taxation in an endogenous growth model with variable population and public expenditure. Journal of Public Economic Theory (2021)

Renström, Thomas I., Spataro, Luca & Marsiliani, Laura. Can subsidies rather than pollution taxes break the trade-off between economic output and environmental protection? Energy Economics (2021)

Basu, P. & Mazumder, R. Regional Disparity of Covid-19 Infections: An Investigation using State Level Indian Data. Indian Economic Review (2021)


Arbatlı, Cemal Eren; Ashraf, Quamrul H.; Galor, Oded; Klemp, Marc. Diversity and Conflict. Econometrica (2020)

Aköz, Kemal Kıvanç; Arbatlı, Cemal Eren; Celik, Levent. Manipulation Through Biased Product Reviews. The Journal of Industrial Economics (2020)

Kaygusuz, Remzi, Guner, Nezih & Ventura, Gustavo. Child-Related Transfers, Household Labor Supply and Welfare. Review of Economic Studies (2020)

Damjanovic, T. and Damjanovic, V. and Nolan, C. 'Default, bailouts and the vertical structure of financial intermediaries.', Review of economic dynamics. (2020)

Marsiliani, L., Renstrom, T. I. & Wang, J. Optimal sin taxes in the presence of income taxes and health care. Economics Letters (2020)

Bambi, Mauro and Gozzi, Fausto. 'Internal habits formation and optimality.', Journal of mathematical economics (2020)

Cooke, D & Damjanovic,T.  Optimal Fiscal Policy in a Model of Firm Entry and Financial Frictions. Review of Economic Dynamics (2020)

Banerjee, S, Basu, P & Ghate, C. A Monetary Business Cycle Model for India.Economic Inquiry (2020)

Basu, P. & Getachew,Y. Redistributive Innovation Policy, Inequality and Efficiency. Journal of Public Economic Theory (2020)

Damjanovic, T. and Selvaretnam, G. (2020) 'Economic growth and evolution of gender equality.', The Manchester School (2020)