Macroeconomics and Financial History 

MACROHIST brings together some of the strongest European departments in history (Geneva, Oxford), economic history (Carlos III, LSE) and economics (Humboldt, Sciences Po, ULB). Its aim is to expose young macroeconomists to the most recent work in macroeconomic and financial history, and to expose young economic and financial historians to the most recent techniques in financial and macroeconomics. It is thus explicitly inter-disciplinary. The training will involve formal training in the methods of both economics and economic history. It will provide this by drawing not only on the training programmes of the partner institutions, which reflect their differing disciplinary backgrounds, but by providing a series of network-wide training events explicitly geared towards young researchers in macroeconomics and macroeconomic history. Insofar as it is practical to do so, we will encourage young researchers from other institutions to attend these training events, so as to maximise the impact of this network’s activities across Europe. A key consideration will be to ensure that young researchers from one institution spend time in other institutions, so as to benefit from the specialised training unavailable in their own university and in doing so benefit from exposure to the quite different research cultures of economics and history/economic history departments.

The work of MACROHIST will be organised in three work packages:

  1. Crises (financial, currency and sovereign debt crises);
  2. Macroeconomic policies and policy regimes (monetary and fiscal policies, exchange rate and monetary policy regimes);
  3. Finance and growth (financial development, innovation and economic growth; finance and globalisation; financial regulation).

LSE faculty directly involved include Olivier Accominotti, Stephen Broadberry, Leigh Gardner, Albrecht Ritschl and Oliver Volckart