Centre for Finance, Credit and Macroeconomics (CFCM)
   
   
  

Welcome to CFCM

The Centre for Finance, Credit and Macroeconomics (CFCM) is a research centre focusing on financial markets, macro-economic cycles, consumer and corporate credit, based in the School of Economics at The University of Nottingham.

CFCM receives external funding from the UK government (BERR), research councils (ESRC), the private sector (Experian, Fitch Ratings) and charities (Nuffield Foundation, the British Academy).

Centre for Finance, Credit and Macroeconomics
 

CFCM research focuses on the operation of financial markets, monetary policy, household and corporate finance and macro-economic dynamics. The centre specialises in the analysis of high frequency data from markets, households and firms to understand indebtedness and financial distress.

The centre also investigates the transmission mechanisms of monetary policy through credit channels, exploring the behaviour of corporations and households when credit is constrained, and the effect of credit on house prices and business cycles.

CFCM has formed close research links with a number of similar research institutions (Institute for Fiscal Studies, EUI Finance and Consumption) and central banks (Bank of England, European Central Bank, Federal Reserve).

Latest news

New Bank of England Decision Maker Panel established

Description
Paul Mizen and Nicholas Bloom (Stanford University) are working with the Bank of England and HM Treasury to create a new Decision Maker Panel to collect information on how business conditions are changing in these times of substantial UK and international economic uncertainty.
Date:
02 February 2017

GEP / CFCM Malaysia Conference 2017

Description
Globalisation and Economic Policy International Conference on: Economic and Financial Integration in Asia and Beyond
Date:
20 January 2017

NSE Economist Advises HMT and DWP on 'Life Chances'

Description
Nottingham School of Economics economist Dr John Gathergood is to advise the Government on the upcoming 'Life Chances' policy program.
Date:
26 May 2016

Martin Weale talks about unconventional monetary policy

Description
Part of the CFCM public lectures programme
Date:
09 March 2016

Events

CFCM Seminar Galo Nuno (Bank of Spain)

Date
23 February 2017 (14:00-15:00)
Location:
A40 Sir Clive Granger Building
Description
Optimal Monetary Policy with Heterogeneous Agents (A40 SCG)

CFCM Seminar Tom Schmitz (University of Bocconi)

Date
02 March 2017 (14:00-15:00)
Location:
A40 Sir Clive Granger
Description
Title TBC (A40 SCG)

CFCM Seminar Matthias Kredler (Universidad Carlos III de Madrid)

Date
09 March 2017 (14:00-15:00)
Location:
A40 Sir Clive Granger Building
Description
Why do people leave bequests? (A40 SCG)

You can view details of our previous seminars/events.

Conferences

There are currently no upcoming conferences.

Discussion papers

CFCM 17/01: Portfolio Sales and Signaling

Description
Spiros Bougheas and Tim Worrall

CFCM 16/06: Volatility spillovers across European stock markets around the Brexit referendum

Description
Hong Li, Shamim Ahmed and Thanaset Chevapatrakul

CFCM 16/05: Business-Linkage Volatility Spillover between US Industries

Description
Linh Xuan Diep Nguyen, Simona Mateut and Thanaset Chevapatrakul examine return volatility spillovers and their dependence on the commercial linkages between US industries.

CFCM 16/04: Customer financing, bargaining power and trade credit uptake

Description
Simona Mateut and Thanaset Chevapatrakul

 

Governance and Public Policy

The centre is part of the University's Governance and Public Policy Research Priority Area.

 

 

Centre for Finance, Credit and Macroeconomics

Sir Clive Granger Building
The University of Nottingham
University Park
Nottingham, NG7 2RD

telephone: +44 (0)115 951 5620