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Monetary Policy research

Explore our research in monetary policy, one of our 4 areas of expertise in Economics

Monetary policy is a central bank's actions to influence how much money is in the economy and how much it costs to borrow, with the aim of keeping inflation low and stable. Since the financial crisis of 2007 and 2008, central banks around the world have taken extreme monetary policy measures to recover the pre-crash dynamism of their economies.

Our research focuses on how to assess the impacts of monetary policy measures on and via the financial markets, and on indicators in the economy. Additionally, it examines related fields that belong to the category of macroeconometrics.

Our research covers the following topics

 

  • Decision-making on stock and housing market regimes
  • How stock and oil markets are affected by uncertainty about macroeconomic policy
  • Central banks’ economic and institutional characteristics
  • The correlation between monetary policy and economic growth
  • The interaction between central banks and the financial market
  • Design and instruments of monetary policy

Methods

Our research includes a variety of cutting edge techniques from the area of applied macroeconometrics and financial econometrics.

Funders and publications

Our research has been funded by the Great Britain Sasakawa Foundation and the Toshiba International Foundation, and published in the Journal of International Financial Markets, Institutions and Money; Economics Letters; Journal of Economic Issues; Journal of Macroeconomics; European Journal of Finance; and the International Review of Financial Analysis.

Publication highlights

Events

We are pleased to announce that subject group of Economics & Finance will host the 54th MMF conference in September 2023.

Find out more

Discover our areas of expertise

Monetary policy is 1 of our 4 areas of expertise in our Economics research area – explore the others below.

Research groups

We're undertaking cutting-edge research ranging from microeconomic level analysis of individual decision making, to global macroeconomic and monetary interactions.

Our members

Image of Dr Georgios Magkonis

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Dr Georgios Magkonis

  • Job Title Senior Lecturer of Economics and Finance
  • Email Address georgios.magkonis@port.ac.uk
  • Department Economics and Finance
  • Faculty Faculty of Business and Law
  • PhD Supervisor PhD Supervisor
Image of Dr Ey Oh

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Dr Ey Oh

  • Job Title Senior Lecturer of Economics and Finance
  • Email Address Ey.Oh@port.ac.uk
  • Department Economics and Finance
  • Faculty Faculty of Business and Law
  • PhD Supervisor PhD Supervisor
Image of Dr Alexis Stenfors

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Dr Alexis Stenfors

  • Job Title Reader of Economics and Finance
  • Email Address alexis.stenfors@port.ac.uk
  • Department Economics and Finance
  • Faculty Faculty of Business and Law
  • PhD Supervisor PhD Supervisor
Image of Dr Konstantinos Vergos

Dr Konstantinos Vergos

  • Job Title Senior Lecturer
  • Email Address konstantinos.vergos@port.ac.uk
  • Department Economics and Finance
  • Faculty Faculty of Business and Law
  • PhD Supervisor PhD Supervisor
Image of Dr Shuonan Zhang

Dr Shuonan Zhang

  • Job Title Research Fellow in Economics and Finance
  • Email Address Shuonan.Zhang@port.ac.uk
  • Department Economics and Finance
  • Faculty Faculty of Business and Law

Interested in a PhD in Economics?

Browse our postgraduate research degrees – including PhDs and MPhils – at our Economics postgraduate research degrees page.