Centre For Macroeconomics
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The Centre For Macroeconomics (CFM) is a research centre in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
dedicated to the investigation and development of new methodologies and research in order to inform economic policy decisions. It also focuses on ways to alleviate the effects of the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
through its careful study. The CFM is funded by the
Economic and Social Research Council The Economic and Social Research Council (ESRC), formerly the Social Science Research Council (SSRC), is part of UK Research and Innovation (UKRI). UKRI is a non-departmental public body (NDPB) funded by the UK government. ESRC provides fundi ...
(ESRC), and was founded in 2012. It is one of the larger research centers in the world dedicated to the study of
financial crises A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with Bank run#Systemic banki ...
.


Research Programmes

Chaired by LSE’s Christopher Pissarides, the Centre comprises economists from
University of Cambridge The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ...
,
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
(LSE),
University of Oxford The University of Oxford is a collegiate university, collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the List of oldest un ...
,
University College London University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal Uni ...
(UCL), the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...
and the
National Institute of Economic and Social Research The National Institute of Economic and Social Research (NIESR), established in 1938, is Britain's oldest independent economic research institute. The institute is a London-based independent UK registered charity that carries out academic researc ...
(NIESR). The Centre is co-directed by Ricardo Reis, Professor of Economics at LSE. The Centre's main research activities are divided into five different areas: # Developing new methodologies # Consequences of fiscal austerity plans and high debt levels # Interaction between financial markets, monetary policy, and the macro economy # Shifts in the world economy # Labour markets, unemployment levels and long term prospects Research is disseminated through events, workshops, seminars and published materials – in particular, through a discussion paper series on
RePEc Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, ...
, and a public lecture programme at LSE.


CFM Survey

Launched in 2014, the monthly CFM Survey questions a panel of UK-based economists on macroeconomic and public policy in both the UK and international economies, and highlights the degree of consensus among these experts. The survey aims to give a comprehensive overview of the beliefs held by economists, in particular "to include the views of those economists whose opinions are not frequently heard in public debates"."About"
cfmsurvey.org. Retrieved January 23, 2015.


References


External links


Official Website

CFM Survey
{{authority control Economic research institutes