Edward John Driffill
Social Sciences (Economics)
Visiting Professor
Email: john.driffill@yale-nus.edu.sg
Professor Edward John Driffill was educated at the University of Cambridge and at Princeton University. He has worked at a number of higher education institutions, including the University of Southampton, Tilburg University, Queen Mary and Westfield College, University of London, and Birkbeck College, University of London.
Prof Driffill was a member of the Council of the Royal Economic Society (2000-2005) and on its Executive Committee (2000-2004). He has also been Specialist Advisor to the House of Lords Select Committee on the European Union, Subcommittee A on Economic Affairs, for inquiries into the Euro and the Stability and Growth Pact. From 2004 – 2010, Prof Driffill was the Director of the Economic and Social Research Council (ESRC) World Economy and Finance Programme. More recently from 2011 to 2016, he was the Head of the Department of Economics, Mathematics and Statistics, Birkbeck College.
Prof Driffill is a Fellow of the Centre for Economic Policy research and the CESifo research network. From 2012 to 2019 he was a member of the CESifo European Economic Advisory Group. The CESifo Group consists of the Center for Economic Studies (CES), the Ifo Institute and the CESifo GmbH (Munich Society for the Promotion of Economic Research), and is a research group unique in Europe in the area of economic research.
Macroeconomics and monetary policy
Institutions and economic performance
European economies
Some recent publications:
“Unconventional Monetary Policy in the Euro Zone,” Open Economies Review, Vol. 27 issue 2, April 2016, pp. 387-404, doi: 10.1007/s11079-016-9393-0)
EEAG Report on the European Economy 2016: What Next? With Torben Andersen, Giuseppe Bertola, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm and Branco Urosevic, Munich: CESifo Group Munich, February 2016 (http://www.cesifo-group.de/ifoHome/publications/docbase/details.html?docId=19187720)
EEAG Report on the European Economy 2015: Blurring the Borders, with Giuseppe Bertola, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm and Akos Valentinyi, Munich: CESifo Group Munich, February 2015
EEAG Report on the European Economy 2014: The Road toward Cohesion, with Giuseppe Bertola, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm and Akos Valentinyi, Munich: CESifo Group Munich, February 2014
“Financial Shocks, Unemployment, and Public Policy,” The Manchester School, Volume 81, Issue S2, October 2013, Pages: 1–15, DOI: 10.1111/manc.12012
“Real options with priced regime-switching risk,” with Turalay Kenç and Martin Sola, International Journal of Theoretical and Applied Finance, August 2013, Vol. 16, No. 05
(doi: 10.1142/S0219024913500283)
“Liquidity when it Matters: QE and Tobin’s q,” with Marcus Miller, Oxford Economic Papers, 2013, Vol. 65 (suppl 1), pp. i115-i145, first published online January 9, 2013, doi:10.1093/oep/gps053
EEAG Report on the European Economy 2013: Rebalancing Europe, with Giuseppe Bertola, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm and Akos Valentinyi, Munich: CESifo Group Munich, February 2013
“Bubbles in Exchange Rates and Monetary Policy”, with Fernando Alexandre and Pedro Bação, Scottish Journal of Political Economy, vol.58 no 1, Feb 2011, pp. 29-50 2010
Beyond the Dollar: Re-Thinking the International Monetary System, editor, with Paola Subacchi. Chatham House, March 2010. (The report may be obtained from Chatham House, or from the ESRC World Economy and Finance Research Programme web site, www.worldeconomyandfinance.org)
“Model Selection of Markov Switching Interest Rates”, with Turalay Kenç, Martin Sola, and Fabio Spagnolo, Studies in Nonlinear Dynamics and Econometrics, 2009, vol. 13, no 1, Article 1. http://www.bepress.com/snde/vol13/iss1/art1
Comparative Social Inquiry
Bubbles, Crashes, Panics and Crises