Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.
This latest blog by Hector Pollitt suggests that the ‘more is better’ assumption is too simplistic. In fact, he argues, the benefits of international trade are overplayed and it’s…
The momentum behind technological change in the global power and transportation sectors is overwhelming.
Our analysis, published in Nature Climate Change, suggests that between $1tn and $4tn could be wiped off the value of global fossil fuel assets by 2035.
This dramat…
Jean-Francois is lead author of Macroeconomic impact of stranded fossil fuel assets, published in Nature Climate Change last week.
The report highlights the significant macroeconomic and geopolitical consequences of continued investment in fossil fuels. He is our g…
The concept of environmental tax reform is not new and is core to environmental economics, but is it compatible with Modern Monetary Theory?
Environmental taxes aim to raise revenues for government, while at the same time discouraging behaviour that damages the environment. Ex…
Dora has recently been appointed Managing Director, Hungary.
Here she tells us what it’s like opening a new office, what she loves about her particular field of economics and reveals that she’s something of an entrepreneur.
Tell us about your role at Cambridge Econometrics
…
Unlike most other macroeconomic models, ours (E3ME) includes endogenous money as a core feature (including borrowing by government).
This difference is important because it allows us to best predict outcomes that might be encountered by our clients. Find out how…
We …
Hector Pollitt, explores: what is macroeconomic modelling? And why do we do it?
I am not a fan of economic models because they have all proven wrong.David Davis MP, Secretary of State for Exiting the EU, December 2017.
Is this the case? Is it reasonable to take this view?…
Just over one third of our economists are women here at Cambridge Econometrics. Whilst we have some way to go to achieve gender parity we are bucking the trend.
The proportion of women studying economics at university in the UK is falling – down from around 30% in the 20…
It is now widely acknowledged that decarbonisation will not be possible without putting a price on carbon. Some economists (and most modellers outside Cambridge Econometrics) even suggest that a carbon price would be sufficient to meet carbon targets.
But in the UK there is a …
It is nearly four years since the inception of the Northern Powerhouse. Has the performance gap between the Greater South East and the rest of England, the North-South divide, narrowed?
In short, no. Recent newspaper articles refer to the persistence of the gap between the nor…
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