Centre for Finance, Credit and Macroeconomics (CFCM)

PhD Students

CFCM internal fellows supervise PhD students engaged in research into household and corporate credit. Former CFCM PhD students have subsequently taken positions in central banks, academic institutions and the private sector. CFCM has funds to provide postgraduate research opportunities for potential graduate students. In addition, CFCM can jointly formulate grant applications to funding bodies such as the ESRC and the Leverhulme Trust. Opportunities for PhD Fellowships will be advertised on this website.

We are interested in supervising students with research interests in credit scording, household spending and saving, household borrowing and debt, corporate credit, monetary policy and credit channels, forecasting credit conditions and predictions of default.

Current students
Student PhD projects
Fabrizio Ardiles Decker Welfare Gains of Joining a Monetary Union
Selim Elbadri A Service-Led Growth Escalator? Innovation, Imitation and Prospects for Productivity Growth in the 'Service Economy
Yunchao Jiang The Role of Social Closeness in Pure Coordination Games
Taejun Kim Dating for Start and End Period of Historical Crash and Its Application to Real Time Crash Detection
Guido Lamarmora Structural Change and Innovation
Junggie Lee Economic Growth by Idea Diffusion and The Self-Employment
Hyunkang Lim How Do Capital Controls and Macroprudential Policy Interact with Monetary Policy in a Small Open Economy?
Rishita Mehra Does industrial policy impact capital flows?
Sungwon Moon On-the-Job Search, Precautionary Savings and the Progressivity of Income Taxes
Agustina Sampaolesi Self-Fulfilling Crisis and Firm Heterogeneity
Juan Siachoque The Wage Growth Penalty of Informal Employment
Mirsad Sipahioglu Foreign Direct Investment, Patent Filings and Firm Performance
Yanfitri Pakpahan Digitalisation, Price Setting Behavior, and Effectiveness of Monetary Policy
Shipei Zhang Bank Discrimination and Monetary Policy in China

   

Completed PhD students
Student Supervisors
Miquel Oliver i Vert Jake Bradley and Omar Licandro
Yoocheol Noh Margarita Rubio and Markus Eberhardt
Taufiq Bin Mohd Zin Margarita Rubio and Rahul Mukherjee
Gabriele Lucchetti Alessandro Ruggieri, Giammario Impullitti and Juan Vizcaino
Hun Jang Margarita Rubio and Yoshi Morozumi
Cristina Griffa Kevin Lee and Paul Mizen
Arif Prabowo Sulistiono Michael Bleaney and Yoshi Morozumi
Michael Mahony Paul Mizen and Kevin Lee
Carolina Gomez Cuenca Kevin Lee and Omar Licandro
Yuzhu Zhang Sourafel Girma and Zhihong Yu
Elchin Mustafayev  Paul MIzen and Margarita Rubio
Seokmo Nam Kevin Lee and John Gathergood
William Gatt Margarita Rubio and Alex Possajenikov
Francesca Vinci Omar Licandro and Giammario Impullitti
Kyung In Hwang Tariffs, retailers, and consumer prices
Ana Camila Cisneros Acevedo

 Financial exclusion distortions in TFP allocations and their impact on exports promotion
Ahmed Usman  
Arno Hantzsche Fiscal uncertainty and sovereign credit risk
Lionel Roger Essays on macroeconomics in Africa
Adhi Purwanto A Comprehensive DSGE modelling approach to macroprudential policy to support Cntral Bank's decision process
Pawel Smientanka Essays on Macroeconomic Uncertainty
Crystalleni Aristidou

 Issues in the accommodation of model uncertainty in macro-econometric modelling
Martina Magli Effects of service offshoring on productivity
Kian Ong  Modelling the sustainability of public sector debt and net foreign asset positions
Milan Vanko

 National and union-level modelling: Inflation, output and interest rates in the eurozone
Zhiyong Li

 Essays on the foreign exchange market: The Market microstructure and evidence of the behavioural theory
Steven Trypsteen Growth and volatility: A multi-country empirical study
Jinke Li Credit cycles
Zhongjian Yu Financial equilibrium models
Feng Yue Firm level credit constraints
Zhongjan Yu   Financial constraints and development
Xuehai Yang  Financial development and international trade in China 
Hiroshi Ochiai  Cascades, investment and cycles 
Hosung Lim  Open economy credit models and the Korean credit boom 
Bilal Keskinsoy  Essays on the capital account 
Veronica Veleanu Asset prices, financial innovation and the transmission of monetary policy 
Christop Gortz Expectations driven business cycles
Minjia Chen Financial constraints and the investment behaviour and employment decisions of Chinese firms 
Eleonora Fichera Formal and informal credit markets in rural Africa 
Xiao Qui Constraints in the consumer credit market - Evidence from automobile loans 
Abdul Majid Muhamed Zul Firm and bank credit in Malaysia 
Sophia Mueller Spahn Interest rate pass-through by German banks 
Evren Ceritoglu Precautionary saving in Turkey 
John Gathergood Household financial behaviour and housing wealth
Serafeim Tsoukas Evidence from bond prices of financial accelerator effects
Marina Spaliara The impact of financial constraints and the role of external finance on firms' employment decisions in the UK 
Harshanah Kasseeah Financial decisions of UK and Chinese firms
Thanaset Chevapatrakul Modelling and forecasting the performance of monetary policy rules for the United Kingdom 
Cihan Yalcin External finance and the credit channel of monetary policy 
Simona Mateut The trade credit channel of Monetary Policy 
Abbi Kedir Household consumption in Ethiopia 

Centre for Finance, Credit and Macroeconomics

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