Tax & Finance

The relationship between finance, incomes, spending and the wider economy is complex.  Policies that target social, economic and environmental objectives typically involve a change in public spending, a change in the level and incidence of taxes and measures to engage investment by private finance.

You need guidance on what the impact of these changes might be.  Our macroeconomic assessments provide you with reliable evidence on how interventions will affect the economy and what the consequences might be for government budgets.

With our help you will gain an understanding of any unintended consequences that will make policy less effective or undermine progress towards objectives in other areas.

Some challenging questions we can help you answer:

Sustainable Investment

Cambridge Econometrics is a world leader at quantifying climate-related financial risk, serving a broad range of the world’s biggest banks and investors.

Click here for more information on our dedicated sustainable investment service for the finance sector.

Our Tax & Finance work

The Role of Climate Change Scenarios In Investment Portfolios

Commissioned by Singaporean investment entity GIC, this report presents the results of assessing the impact of climate scenario analysis on long term capital market returns. The climate transition will impact expected returns and market volatility due to climate-related transitio...

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Have the NGFS and the Bank of England missed an opportunity to drive the race to net zero?

Cambridge Econometrics conducted analysis with strategic partner Ortec Finance in response to two influential reports published in June 2021. The NGFS published its second iteration of climate scenarios, and the Bank of England published the second iteration of its Climate Bienni...

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Climate impact assessment for the Central Bank of Hungary

This study commissioned by the Central Bank of Hungary calculated the impacts of climate-related scenarios with varying levels of global climate action for the Hungarian economy. The research is unique in that in tackles a small country in Central Europe, which is usually not ...

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Sustainable investment: investing in a time of climate change

We help financial institutions plan for the future and implement the recommendations of the Task-force on Climate-related Financial Disclosures (TCFD) using our in-house macroeconomic model: We provide you with: national and global analysis of the transitional impacts a...

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Mercer: Investing in a Time of Climate Change – The Sequel

Commissioned by Mercer, 'Investing in a Time of Climate Change - The Sequel' presents the results of climate scenario analysis assessing the effects of climate related physical risks and the transition to a low-carbon economy. The report looks at the consequences on the invest...

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Future employment and automation

This is the first study of its kind to use pan-European data sources (the Eurofound Task analysis and the Cedefop Skills Forecasts 2018 datasets) to determine which occupations are at risk of automation. The main purpose of this study is to raise awareness of the changes that ...

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Competitiveness impacts of carbon policies on UK energy-intensive industrial sectors to 2030

Competitiveness impacts of carbon policies on UK energy-intensive industrial sectors to 2030 aimed to support the UK Committee on Climate Change (CCC) with its ongoing assessment of the impact of low carbon policies on energy prices and bills. The study also looked at the comp...

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Designing an EU-wide unemployment benefits system

This study explored whether an EU-wide Unemployment Benefits System (UBS) could act as an effective fiscal stabilizer to mitigate future economic shocks.

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Tax & Finance blog posts

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For more information on our work in Tax & Finance, contact:

Richard Lewney Chair