The Applied Econometrics and Finance group brings together researchers active in various economic disciplines within the School, with a wide range of research interests. A key focus of our research is on collaboration with researchers from other disciplines to encourage the fertilisation of ideas and reflect the diversity of the potential impact of our research.
The research group covers a wide range of subjects, some closely related to research in the Norwich Business School and in the School of International Development. It reflects the establishment of a core in financial economics, with Professor Peter Moffatt now joined by Arnold Polanski, Alasdair Brown, Bahar Ghezelayagh, Antony Jackson and Jack Fosten.
In Finance and Financial Econometrics, research topics include experimental finance, Bayesian inference, risk measures, microfinance and the non-formal financial sector. Research in Applied Microeconomics is currently studying innovation, adoption and diffusion of health care technologies, valuation of new pharmaceutical products, economics of sport and leisure, media economics and efficiency and productivity analysis.
Research of this group is regularly presented in two seminar series: Applied and Financial Economics workshops and Accounting Finance and Governance workshops (the latter jointly with Norwich Business School).
Our expertise links creatively with health research at Norwich Medical School's Behaviour and Health Research Unit (BHRU) (a collaboration between the University of Cambridge, RAND Europe and UEA) and in media economics through the media@UEA group. We are active in the Centre for Copyright and New Business Models in the Creative Economy (CREATe), an RCUK interdisciplinary research centre helping UK cultural and creative industries become innovation leaders within the global digital economy.
Our researchers work in partnership with organisations including the British Horse Racing Authority, British Medical Associations, Defra, the European Commission Directorate-General for Research, Norwich City Football Club, the supermarket chain Sainsbury's, Anglian Water and Archant.
Oana Borcan’s main research interests lie in political economy, development economics and applied microeconomics. She uses empirical methods, such as quasi-experiments and field experiments to analyze policy-relevant issues related to corruption, voting and education. A part of her work investigates the long-run determinants of economic prosperity, focusing on state history from antiquity to the present.
Michael Brock's current research interests explore the relationships between behavioural economics and environmental attitudes. More specifically, he is interested in discovering how we can examine the decision-making and preference construction of individuals regarding public, collective and environmental goods. From this, his work seeks to illustrate the ways in which we are able to identify and then direct people’s behavioural choices in a way which should enhance the collective well-being for society and/or the environment.
Alasdair Brown has research interests in financial economics, particularly in behavioural finance and market microstructure. He has used betting market data to look at the role that information processing constraints (or, more generally, limited cognition) play in asset mispricing. He is currently working on evaluating market designs that promise to mitigate the speed advantages of algorithmic traders.
Christa Brunnschweiler is an applied economist with research interests in the areas of economic growth and development, particularly in resource economics and conflict studies. She has studied various aspects of the natural resource curse and is currently looking at causes of violent and non-violent conflict, as well as policies for conflict prevention.
Corrado Di Maria has broad research interests that span the economics of growth and development, environmental and natural resource economics, energy economics and the economics of technological change. The key feature of his work is an emphasis on both theoretical and empirical aspects, as well as its policy relevance.
Jack Fosten's interests are in applied and theoretical time series econometrics. His current research is in the use of factor models and other data reduction techniques for forecasting using big datasets. He is interested in applications to macroeconomics, finance, energy and environmental economics.
Bahar Ghezelayagh joined the School of Economics as a PhD student in October 2009. Her research interests are in the area of Financial Econometrics, Intra Day Volatility, and Wavelet Methodology.
Liliana Harding is interested in applied research, with a focus on migration and labour economics, as well as exploring policy implications and government intervention in the labour market. Her recent work has simulated the dynamics of unemployment in an open economy with immigration, and assessed the contribution of foreign workers towards tax revenues. She is currently extending her research to explore specific factors driving local and urban economies, considering the role of arts and culture towards an innovative economy and the public wellbeing.
Antony Jackson’s research interests include algorithmic trading, portfolio construction, the economic value of financial forecasts, and real estate.
Emiliya Lazarova has done applied work in development and migration using macroeconomic data and in adoption of new products using individual level data. Her most recent applied projects include a study on the impact of disability on the decision to pursue further education using UK LFS data and an investigation of price-setting mechanisms based on US coal procurement contract data.
Peter Moffatt studies individual risk attitude using survey data, with recent papers on spousal correlation in risk attitude, and on the impact of financial and macroeconomic factors on individual risk attitude. In another recent paper he studies the determinants of risk attitude using field data on the choices of borrowers between fixed and variable rate mortgages.
Arnold Polanski's research in financial economics focuses on financial networks, tail interdependence and (multidimensional) risk. His recent projects include estimation and forecasting of the multidimensional value at risk, measuring interdependence of extreme events and work on shadow banking in China and elsewhere.
Jibonayan Raychaudhuri has research interests in international trade, financial economics and environmental economics. His current research has used data on firms to study how financial constraints (at the sectoral level) affect export performance. He has also used scanner data to study the effect of labels on the purchase of (so called) “ethical” products.
Simone Valente has research interests in growth theory, dynamic macroeconomics, sustainability, international trade and development, status-development preferences. He has studied various extensions of dynamic models to include resource scarcity and analyze the resulting intergenerational distribution. He is currently looking at population dynamics and reallocation effects across countries in today's globalised world.
Fuyu Yang's research interests include Bayesian inference of models with high dimensional latent variables, and model selection with the use of information flow. Currently, she is working on a project sponsored by the British Academy, which examines the relationship between the size of bank balance sheets and GDP growth.