Course summary

Current areas of research specialisation include: Models of state-dependent pricing; fiscal theory of the price level; fiscal-monetary interaction in stochastic, dynamic general equilibrium; credit constraints and the business cycle; open economy macroeconomic models; models of endogenous growth; determinants of corporate growth; high-technology clusters; trade secrecy; market efficiency in emerging markets; stochastic volatility models; monetary frameworks in developing countries; fast-growing small firms; intellectual property office under-pricing; real business cycle; foreign direct investment; tax evasion.