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Spotlight on economist Dr Dora Fazekas

Posted by: Dora Fazekas
Publish date: 15th May, 2018 | 10:41am15/5/2018
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Hungarian Economist Dr Dora Fazekas

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
…

E3ME, endogenous money and Modern Monetary Theory (MMT)

Posted by: Hector Pollitt
Publish date: 3rd May, 2018 | 12:11pm3/5/2018
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Endogenous Money Modern Monetary Theory (MMT) E3ME

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 …

What is macroeconomic modelling? And why do we do it?

Posted by: Hector Pollitt
Publish date: 24th April, 2018 | 3:18pm24/4/2018
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What is macroeconomic modelling? Why do we use macro economic models?

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?…

Taxing food and fuel – impacts on poorer households

Posted by: Hector Pollitt
Publish date: 1st March, 2018 | 4:42pm1/3/2018
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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 …

The North-South divide: the performance gap

Posted by: Ben Gardiner
Publish date: 28th February, 2018 | 8:30am28/2/2018
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north south divide performance gap

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…

Trump tariffs will not bring back coal

Posted by: Hector Pollitt
Publish date: 21st February, 2018 | 1:11pm21/2/2018
1 comment

When President Trump announced a tariff on imports of solar panels we immediately ran some figures through our macroeconomic model to assess the impact that the policy might have on the US energy system.

Our analysis shows that Trump’s tariff on solar panel imports, whi…

Does productivity necessarily increase with city size?

Posted by: Guest Blog
Publish date: 31st January, 2018 | 12:39pm31/1/2018
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In his second guest blogpost Ron Martin, Professor of Economic Geography, University of Cambridge explores whether the productivity of Britain’s northern cities would improve by substantially expanding their size, or seeking to merge them into a single very large city.

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Should we fear the rise of the machines?

Posted by: Hector Pollitt
Publish date: 23rd January, 2018 | 12:14pm23/1/2018
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How will increased robotisation affect income, production and consumption? Will society benefit from the transition to automation in the long-run? Are humans destined for redundancy and poverty?

In his second blogpost on this subject our Director, Hector Pollitt explains why e…