Latest Events & Seminars
2nd London Political Finance (POLFIN) Workshop
The SRC at the LSE and the Business School (formerly Cass) at the City, University of London are co-hosting a workshop on the theme of political finance.
Andreas Uthemann (Bank of Canada / SRC)
The Calming of Short-Term Market Fears and Its Long-Term Consequences: The Federal Reserve's Reaction to COVID-19
Latest News
Ricardo Reis and Silvana Tenreyro win 2021 Yrjö Jahnsson Award
Jeff Chwieroth wins ISA award
Lucien Foldes (1930-2021): A personal recollection
Charles Goodhart wins Central Banking Lifetime Achievement Award
John Moore wins the BBVA Foundation Frontiers of Knowledge Award
Latest Publications
Sustainability in a Risky World
This paper studies the restrictions on consumption, portfolio choice, and social discounting implied by a sustainability constraint, that utility...
Lending Cycles and Real Outcomes: Costs of Political Misalignment
The Economic Journal, 2021, forthcoming.
Factor Demand and Factor Returns
A mutual fund’s demand for a pricing factor, measured by the loading of the fund’s returns on the factor’s returns, is persistent over time. When...
Extrapolative Bubbles and Trading Volume
We propose an extrapolative model of bubbles to explain the sharp rise in prices and volume observed in historical financial bubbles. The model...
