Professor Mizen has been a member of staff in the School of Economics at Nottingham since 1992. His research field is monetary economics and the transmission mechanism of monetary policy. This covers research into the demand for monetary and credit aggregates, the financial behaviour of the corporate and household sectors of the UK economy, and the relation between financial asset flows and real expenditure. Currently Professor Mizen is investigating the effects of monetary policy on access to credit by firms and the consequences for households of increased borrowing and debt. Professor Mizen has held research positions at the European Central Bank (2003, 2004), the Bank of England (1997-2000), the International Monetary Fund (1995, 1996, 1999), and a number of universities. In 2002-03 he was Jean Monnet Fellow at the European University Institute, Florence. He is the co-author of Monetary Economics, Oxford University Press, with Mervyn K. Lewis and the Editor of the Festschrift for Professor C.A.E.Goodhart published in two volumes by Edward Elgar in 2003. Professor Mizen is Director of the Centre for Finance and Credit Markets (CFCM) and an Internal Fellow of The Granger Centre for Time Series Econometrics.

1. 'The Relationship between RPV and Inflation: Evidence on Functional Forms with Implications for Monetary Policy' [with David Fielding] Economica, forthcoming.
   

2. ‘Forecasting Changes in UK Interest Rates', [with Tae-Hwan Kim and Thanaset Chevapatrakul] Journal of Forecasting, forthcoming .
   

3. ‘A Re-interpretation of the Linear-Quadratic Model when Inventories and Sales are Polynomially Cointegrated ' [with Anindya Banerjee] Journal of Applied Econometrics 21, pp1249-1264, December 2006.
   

4. 'Access to External Finance: Theory and Evidence on the Impact of Firm-Specific Characteristics' [with Spiros Bougheas and Cihan Yalcin, University of Nottingham] Journal of Banking and Finance 30(1), pp199-227, January 2006.
   

5. 'Trade Credit, Bank Lending and Monetary Policy Transmission', [with Spiros Bougheas and Simona Mateut] European Economic Review, 50, pp 603-29, April 2006.
   

6. 'A Dynamic Model of Money, Credit and Consumption: A Joint Model for the UK Household Sector’ [with Alec Chrystal] Journal of Money, Credit, and Banking, 37, pp. 119-144, February 2005.
   

7. 'Interest Rate Pass Through in the Monetary Transmission Mechanism: UK Banks’ and Building Societies’ Retail Rates’ [with Boris Hofmann] Economica, 71, 99-125, February 2004.
   

8. The Empirical Relationship between UK Net Corporate Borrowing and Stockbuilding’ Oxford Economic Papers, 55(2), pp. 287-313, April 2003.
   

9. 'Modelling Credit in the Transmission Mechanism of the United Kingdom' [with K. Alec Chrystal] Journal of Banking and Finance 26(11), pp. November 2002.

10. 'Seigniorage revenue, deficits and self-fulfilling currency crises' [with D. Fielding] Journal of Development Economics 65, pp. 81-93, 2001.

1. "Central Banks, Monetary Theory and Policy: Essays in Honour of Charles Goodhart, Volume 1, Editor, Edward Elgar Publishing pp. 288+xi, May 2003. Details available from here
   

2. Monetary History, Exchange Rates and Financial Regulation: Essays in Honour of Charles Goodhart, Volume 2, Editor, Edward Elgar Publishing pp. 278+xi, May 2003. Details available from here
   

3. Monetary Economics' (Lewis and Mizen), Oxford University Press, pp. 473+xii.

1. European Central Bank Working Paper. 'Investment and Financial Constraints: Evidence from Closely Matched Firms in the UK and Germany' [with Philip Vermeulen], May 2005.
   

2. Working Paper No 170. Base rate pass-through: evidence from banks' and building societies' retail rates (December 2002) by Paul Mizen and Boris Hofmann
   

3. Working Paper No 151: Other financial corporations: Cinderella or ugly sister of empirical monetary economics? by K Alec Chrystal and Paul Mizen
   

4. Working Paper No 134: Consumption, money and lending: a joint model for the UK household sector by K Alec Chrystal and Paul Mizen
   

5. Working Paper No 100: Money, credit and investment in the UK corporate sector" by Andrew Brigden and Paul Mizen

Other discussion papers can be downloaded from here

L11231/41 Britain in the World Economy (Alternative)
L13509 Monetary Economics I
L13609 Monetary Economics II
L14010 Advanced Macroeconomic Theory

A complete list of modules can be found here.

Download as a file.

This page was last updated on 13/07/09