'New Directions in Economics' Faculty of Economics, University of Cambridge

Cambridge, UK
Joined May 2014
How can fiscal policy amplify or dampen monetary policy? @sb_lavender shows how govt debt & fiscal policy shape 3 channels of monetary transmission: a debt service channel, a debt composition channel & a fiscal cyclicality channel janeway.econ.cam.ac.uk/publi… #econtwitter
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Leaving Cambridge is bittersweet. Five years at one of the world’s great universities, with wonderful colleagues and students. I’m especially grateful to the @janewayinst and the community that grew around it, and for the warmth and friendship I found at @clarehall_cam. 2/3
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Congratulations @FlorinBilbiie from all of us @janewayinst! We look forward to staying in touch and continuing the conversations too. All the best!
Delighted to to CEMFI Madrid as Professor of Economics. CEMFI does exactly what I care most about (macro, heterogeneity, inequality, monetary) and has a close connection with the Banco de España. I’ve admired it from a distance for most of my career, so this is a real thrill. 1/3
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The Janeway Institute retweeted
The Faculty welcomed researchers to the #KeynesFund Research Day. The event brought together academics to present their work, receive feedback & engage across a broad range of topics, including family economics, political behaviour and financial modelling. econ.cam.ac.uk/news/2026/key…
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NEW JI WP by P. Lastauskas et al: firm-level evidence on Africa’s continental free trade area, the world’s largest by membership, shows that firms w/ prior international trading experience, particularly outside Africa, benefited most. #econtwitter ➡️janeway.econ.cam.ac.uk/publi…
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The Janeway Institute retweeted
The Faculty's Distinguished Affiliated Professor @jagjit_chadha writes in an OPED in @unherd that the prospect of a French default is a crisis... and it might trigger more widespread collapse in government debt markets. econ.cam.ac.uk/media-mention…
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The Janeway Institute retweeted
The Faculty Chair Professor Crowley has welcomed staff and students, highlighting the importance of the Faculty as an intellectually ambitious community, bringing together research, teaching, professional expertise and student engagement. econ.cam.ac.uk/news/2026/pro…
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Congratulations to American economists Robert E. Hall @Stanford and Michael Woodford @Columbia who have won the 2026 Nobel Prize for Economics for work on 'smoothing out the economy’s peaks and troughs”.
BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.” #NobelPrize
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The Janeway Institute retweeted
HOW TO WIN A TRADE WAR is officially published in the US today!!! Last week was so incredibly amazing but also so busy @SoumayaKeynes and I had some serious Lady Gaga vibes
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At @janewayinst we're excited to hear the upcoming lecture by @SoumayaKeynes & @ChadBown at @CamEcon on 12 Oct at 5.00pm when they'll discuss 'How to Win a Trade War', based on their new book. 👇
🤖 Made with AI
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The Janeway Institute retweeted
Professor Meredith Crowley @MeredithCrowle1 has delivered the Economics Section Presidential Address at the British Science Festival, run by the British Science Association in Southampton, in a timely talk as global trade is being reshaped. econ.cam.ac.uk/media-mention…
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The Janeway Institute retweeted
After three years at the helm of the Faculty, Professor Oliver Linton has stepped down as Chair, leaving a Faculty that he believes is in a stronger position academically, financially and strategically than when he began. econ.cam.ac.uk/news/2026/pro…
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The Janeway Institute retweeted
Professor Crowley @MeredithCrowle1 was a discussant at the @ECB’s Annual Research Conference 'Geoeconomics and the International Trading System', which examined the changing relationship between economics, geopolitics and international trade. econ.cam.ac.uk/news/2026/mer…
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JI Call for Papers: 2nd Cambridge Alumni in Macro (CAM) Conference, 22-23 April 2027 Apply by 30th Nov 2026 Further details and submission link: janeway.econ.cam.ac.uk/event… #econtwitter
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Congratulations to BFI scholar and Nobel laureate Michael Kremer, who has been named the World Bank’s next Chief Economist! Kremer (@DILatUChicago) will bring decades of research in development economics and global policy to the role. reuters.com/world/world-bank…
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The Janeway Institute retweeted
The Faculty's Assistant Professor Benjamin Arold is quoted in Newsweek magazine questioning whether the artificial intelligence bubble is bursting, with concerns about its long-feared economic consequences. econ.cam.ac.uk/media-mention…
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The Janeway Institute retweeted
The Faculty's Distinguished Affiliated Professor Jagjit Chadha is quoted in the City AM Newspaper. He sits on the Shadow Monetary Policy Committee, and urges the BoE to raise interest rates as inflation is set to peak higher than previously expected: econ.cam.ac.uk/media-mention…
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'What are the long term effects of school prayer?' ask Benjamin W. Arold, Afonso A. Monteiro & C. Yannelis in a new JI working paper. ➡️Findings show they can shape adult beliefs, family life & economic behaviour. ➡️janeway.econ.cam.ac.uk/publi… #econtwitter
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The Janeway Institute retweeted
Here's the Faculty's @jagjit_chadha on the UK's Bond Market worries:
#Bond markets are not only worried about total rich country debt they are focussing on the UK as the litmus test and our pH levels are rising. Political sceloris and fiscal incontinence is driving up long term borrowing costs and crowding out #fiscal space for necessary public investment. We are edging nearer a full blown fiscal crisis. Interest payments alone on our debt are edging to 4% of GDP. Note we aspire to spend 3% of GDP on defence! Good to talk to @romillyweeks and @itn_news. @CamEcon @econromesh @dsmitheconomics @DreValentino @LiamHalligan
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