Inflation targeting is not a magic formula just for rich economies. It can work for African countries too, if they get three crucial steps right.
The Finance group is devoted to excellence in teaching and research in all subfields of finance.
The group has grown over the past few years to become one of the largest and strongest groups in the UK and in Europe. Our faculty work closely with the financial industry, which provides input into research-driven teaching, and are also involved in the research board and education faculties of the ESRC and leading professional institutes. We often collaborate closely with colleagues across the University and institutions in Asia, Europe, and the USA.
Current areas of research
Our world-class academics conduct research in theoretical and empirical asset pricing, risk management, microstructure, derivatives, financial econometrics, macro-finance, behavioural finance, international finance, corporate finance, corporate governance, banking, financial markets, household finance, development finance, and fintech.
Head of group: Professor Andrea Gamba.
Latest research news
Would the UK benefit if the Bank of England targeted economic growth and employment like the US Federal Reserve System?
The US President is keen to influence monetary policy and lower interest rates. What is the likely outcome?
Discover the many roles the combining of economic insights and financial fundamentals lead to.
Ringfencing retail banks from investment operations makes banking safer. Will changing the rules create a riskier system?
Study shows blockchain currency markets track foreign exchange markets but blockchain fees remain a barrier to it taking over from banks.
WeWork’s infamous collapse highlights the risks of leverage - explore how capital structure theory explains its demise.
Professor David Skeie joins the Bank of England Payments Academic Advisory Group to help shape the future of UK payments, digital money and fintech.