CURRICULUM VITAE
SIMON WREN - LEWIS
Economics Department, University of Oxford, UK Office: 01865 271080
Fax: 01865 271094
Email: [email protected] Merton College, University of Oxford, UK Office 01865 276387
Email: [email protected] Web: https://sites.google.com/site/sjqwrenlewis Blog: http://mainlymacro.blogspot.co.uk/
Married (to Jo) with two sons, Liam and Sam
EMPLOYMENT
2007- Professor of Economics, University of Oxford and Fellow of Merton College
My main research involves using small theoretical or calibrated macromodels to look at monetary and fiscal policy interaction. This analysis spans economies that are closed, open with flexible exchange rates or members of a monetary union. Most of this work is joint with either Tatiana Kirsanova at Exeter or Campbell Leith at Glasgow, and my collaboration with Leith has been supported by a succession of ESRC grants, the most recent of which was awarded in 2008 and covers three years. Associated with this has been work on a number of aspects of monetary policy, as well as fiscal policy
institutions. I also continue to work on estimates of equilibrium exchange rates. Full details can be found at http://www.econ.ox.ac.uk/members/simon.wren-lewis
I give a large part of the core macroeconomics lectures on Oxford’s Mphil programme, as well as the majority of lectures for the finals undergraduate course in
macroeconomics.
1995-2006 Professor of Economics, University of Exeter.
My research work at Exeter began with continuing work on the COMPACT model financed by the ESRC, but then moved to more theoretical analysis with smaller calibrated models focusing on monetary and fiscal policy interactions (again partly financed by the ESRC). During this period I also advised the Bank of England on the development of their new macroeconomic models, and provided one of the background papers for H.M.Treasury’s analysis of their 5 tests for EMU entry.
School Director of Research 2002-6, Head of Department 2000-2, Member of
Readership and Personal Chairs Committee 2001-5, Member of University Research Committee 1999-2001
1990-95 Chair in Macroeconomic Modelling, University of Strathclyde
My main research activity during this period involved constructing the first version of the UK structural econometric macromodel COMPACT. The model was used for regular policy analysis in the IPPR’s journal New Economy. In addition I worked with Andy Hughes Hallett and David Currie on a Leverhulme project on international policy coordination and European Monetary Union, and with Hughes Hallett and Ronnie McDonald on an ESRC Project on International Policy Regimes. I was jointly
responsible for the International Centre for Macroeconomic Modelling, which we set up in 1991.
1988-90 Senior Research Fellow, Head of Macroeconomic Research, National Institute of Economic and Social Research, (NIESR)
The Institute's macroeconomic research team consisted of about ten economists, working full-time on applied macro research and modelling. This was the largest research group of its kind in the UK, and represented about half of the Institute's research output. Leading this team involved formulating and directing the research activity, and being involved to varying degrees in all the research projects.
I was also responsible for the Institute's macroeconometric models of the UK and world economies. Both models were widely used outside the Institute, and as a result their properties were the subject of public scrutiny. These models were also published for use on a PC for economists, and developing and marketing these models involved organising a range of activity from software development to interaction with customers. The Institute's domestic and world economy forecasts were model based, so I was involved in helping produce these forecasts, and in presenting them to economists in business, government and the media.
1986-87 Senior Research Officer, NIESR
Senior economist in a two-person team engaged in setting up and developing the Institute's world econometric model, GEM. GEM (now called NIGEM) is one of the leading half dozen world econometric models. It is used by a number of national and international, commercial and governmental organisations.
During this period I was also responsible for the Institute's world economy forecasts, published four times a year in the Review. Apart from writing the Review chapter, this involved presenting the forecast and discussing likely prospects to various groups, both in the UK and overseas.
1985-86 Temporary lecturer at Queen Mary, London and half - time at NIESR. 1981-85 NIESR (full - time)
Research on the UK Company Sector. Forecasting responsibility for the monetary sector and company sector. Regular presentation of the forecasts to the Institute's financial and business supporters.
1980-81 Economic Advisor, HM Treasury
Responsible for analysis, mainly using model simulations, of the macroeconomic effects of policy measures. Part of the Budget team, which included verbal and written briefing for Ministers and senior civil servants on the economic effects of Budget proposals.
1976-80 Senior Economic Assistant, Forecasting Team, HM Treasury Responsibility for forecasts and research on imports and stockbuilding (76-78). Research, forecasting, briefing and policy advice on prices and earnings (79-80). 1974-76 Economic Assistant, HM Treasury
Analysis, forecasting, and briefing on world economic prospects, with particular responsibility for Europe and the less developed countries.
INVOLVEMENT WITH OTHER INSTITUTIONS H.M.Treasury, 2002-6
In June 2003 the Treasury published 18 background studies for the assessment of its five tests for EMU entry. Two of these studies were authored by academics outside the Treasury, including one by myself: ‘Estimates of an Equilibrium Exchange Rate for Sterling against the Euro’. In addition, following the Treasury’s own discussion paper on counter-cyclical fiscal policy, they commissioned a survey paper from Leith and myself on countercyclical fiscal policy. This was followed up with a commission for further research on the microfoundations of fiscal stabilization within EMU.
1990-1997 Member of the Academic Panel of HM Treasury. Consultant to Bank of England, 1999-2004
After independence, the Bank’s core forecasting model assumed a new importance, and I provided extensive advice on its development prior to publication in 2000. In that year the Bank also embarked on a more ambitious project, which involved completely rebuilding the model with consistent microfoundations, and I was the main external advisor to this team. The new model (BEQM) replaced the old in 2003, and was formally launched in March 2004.
Economic and Social Research Council
2000 Themes Assessment: Report on development of the ‘Economics theme’. 1992-1996 Member of the Research Grants Board of the E.S.R.C. One of two
economists on a panel of 20+ social scientists assessing project proposals
Royal Economic Society
1998.2003 Member of the Council
1996-1998 Co-Chairman of Royal Economic Society Conference Committee.
Responsible for organising the programme for the 1998 RES Conference at Warwick
1992-1995 Royal Economic Society Conference Programme Committee Office for Budget Responsibility
2011- Member of Panel of Economic Experts Council for Budget Responsibility, Slovakia 2013- Member of Advisory Panel
OTHER ACTIVITIES
2003-4 Visiting Professor, Reserve Bank of New Zealand
1995- Governor of the National Institute for Economic and Social Research 1997-2002 Member of the O.N.S. Academic Panel.
1998-2011 Committee of Macroeconomics, Money and Finance Research Group 1986-1997 Research Fellow of the Centre for Economic Policy Research.
1990-1995 Executive Committee of Scottish Doctoral Programme
1999-2002 External examiner, MSc at Warwick University. (Previous external examining for Queen Mary College and Birkbeck MSc).
2003-2007 External examiner, undergraduates, Bristol University
External Examiner for PhDs at many departments, including Nuffield, L.S.E., Glasgow, L.B.S., Essex, UEA, York and Birkbeck.
On Editorial Board of Economic Modelling
Occasional articles in national newsapapers (e.g. ‘Trust the Old Lady’ Financial Times 5/02/2002) and appearances on television and radio. Since December 2011, I have written a widely read blog: http://mainlymacro.blogspot.co.uk/
Referee for journals including:
Cambridge Journal of Economics, Canadian Journal of Economics, Economic Journal, Economica, European Economic Review, Journal of Applied
Econometrics, Journal of Applied Statistics, Journal of Economic Dynamics and Control, Journal of Industrial Economics, Journal of International Economics, Journal of Money Credit and Banking, Manchester School, Review of Economic Studies, Scandinavian Journal of Economics.
FUNDED RESEARCH ACTIVITIES,
1990-E.S.R.C. (£178K) New directions in monetary and fiscal policy analysis at the
macroeconomic level, joint with Campbell Leith (Glasgow). Three years from November 2008.
E.S.R.C. (£147K) Reinstating Fiscal Policy as a Stabilisation Device, joint with
Campbell Leith (Glasgow). Three years from October 2005. Part of the World Economy and Finance Programme. Output rated as 'outstanding' by all four referees for the ESRC.
E.S.R.C. (£50K) Monetary and Fiscal Policy Interactions, joint with Campbell Leith (Glasgow). Three years from April 2001. Part of the ‘Evolving Macroeconomy’ research programme.
E.S.R.C. (£80K) Innovation, Trade and the Equilibrium Exchange Rate. Two years from October 1997.
E.S.R.C. (£380 K) Development of COMPACT, a medium scale UK econometric model designed for policy analysis. Four years from October 1995.
E.S.R.C. (£225 K) A Proposal for Developing and Exploiting a Medium Scale Econometric Macromodel of the U.K. Economy. Four years from October 1991. H.M.Treasury (£60K) Estimation of Product and Labour Market equations for the Treasury's domestic econometric model. October 1990 to December 1992.
Leverhulme Trust (£162K: Ref. F124L) European and G3 Exchange Rate Coordination: Design, Desirability, Consequences. Three years from October 1992, with Andy Hughes Hallett and David Currie (LBS)
Institute of Public Policy Research (£30K) Work on COMPACT for articles in New Economy, 1993-5
E.S.R.C. Workshop/Seminar series Funding for International Centre for Macroeconomic Modelling Seminar Series 1993 and 1995/6
TEACHING PhDs
At Exeter I was the lead supervisor for 10 students, covering a wide range of topics in applied and theoretical macroeconomics. All have submitted successfully, some without any revisions requested. At Oxford I currently supervise a number of DPhil and MPhil students.
Graduate Macroeconomics
Oxford Mphil and M in Financial Economics, Exeter Economics MSc, Exeter MBA, Scottish Doctoral Programme MSc, Strathclyde MSc in Business Economics, Economics MSc at Queen Mary College
Graduate Econometrics
Economics MSc at Queen Mary College, Civil Service College Undergraduate Macroeconomics
Macroeconomics (Oxford 2nd year, Exeter, 2nd year, Strathclyde, 1st, 2nd and 4th year) International Economics (Exeter 3rd year, Strathclyde, 4th year)
Monetary Economics at Queen Mary College (3rd year) Tutorial group teaching at all levels
Economic Methodology
Undergraduate lectures in methodology of economics (Exeter, Oxford) EDUCATION
1978-79 MSc Economics. Birkbeck College, London 1971-74 MA Economics. Clare College, Cambridge
72-74 Economics Tripos Part 2, 71-72 Mathematics Tripos Part 1
Other activities:Chairman, Cambridge University United Nations Association. Treasurer, International Student Movement for the United Nations.
1964-71 Latymer Upper School, Hammersmith.
A levels in Mathematics, Further Mathematics and Physics. O levels in English, History, French, Mathematics, Advanced Mathematics, Physics, Chemistry and Biology.
PUBLICATIONS IN REFEREED JOURNALS
Leith, C and Wren-Lewis, S (2014), Fiscal Sustainability in a New Keynesian Model, Journal of Money, Credit and Banking, forthcoming
Wren-Lewis, S (2013), Macroeconomic Stabilisation in the Eurozone: Lessons from Failure, Global Policy, Vol 4, Issue S1, pp 66-73
Wren-Lewis, S. (2013) ‘Aggregate fiscal policy under the Labour government, 1997– 2010’ Oxford Review of Economic Policy 29 (1): 25-46
Kirsanova, T and S. Wren-Lewis (2012) 'Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities', Economic Journal, Vol. 122, pp 238-264 Wren-Lewis, S (2011) 'Lessons from failure: fiscal policy, indulgence and ideology' National Institute Economic Review Vol. 217(1) R31-R46
Calmfors, L and Wren-Lewis, S (2011), What Should Fiscal Councils Do? Economic Policy, Vol. 26(68), pp 551–765
Leith, C and Wren-Lewis, S (2011), Discretionary Policy in a Monetary Union with Sovereign Debt, European Economic Review, vol. 55(1), pp 93-117
Wren-Lewis, S (2011) “Internal Consistency, Nominal Inertia and the Microfoundation of
Macroeconomics”, Journal of Economic Methodology,Vol. 18(2) pp 129-146
Keogh-Brown, Marcus, Wren-Lewis, Simon, Edmunds, John, Smith, Richard (2010), The possible macroeconomic impact on the UK of an influenza pandemic, Health Economics, vol 19 pp 1345-1360
Wren-Lewis, S (2010), Macroeconomic Policy in light of the credit crunch: the return of counter-cyclical fiscal policy? Oxford Review of Economic Policy, vol 26 pp 71-86 Kirsanova, T, Leith, C, Wren-Lewis, S (2009), Monetary and Fiscal Policy Interaction: The Current Consensus Assignment in the Light of Recent Developments, Economic Journal, vol 119 pp 482-496
Kirsanova, T, Vines, D and Wren-Lewis, S (2009), Inflation Bias with Dynamic Phillips Curves and Impatient Policy Makers, The B.E. Journal of Macroeconomics, vol 9 Leith, C. and S. Wren-Lewis (2009), Taylor Rules in the Open Economy, European Economic Review, vol 53 pp 971-995
Leith, C. and S. Wren-Lewis (2008), Interactions Between Monetary and Fiscal Policy Under Flexible Exchange Rates, Journal of Economic Dynamics and Control, vol 32 pp 2854-2882
Kirsanova, T, Leith, C and Wren-Lewis, S (2007), Optimal Debt Policy, and an Institutional Proposal to help in its Implementation, European Economy Economic Papers No 275, April
Kirsanova, T, Satchi, M, Vines, D and Wren-Lewis, S (2007), Optimal Fiscal Policy Rules in a Monetary Union, Journal of Money, Credit and Banking, vol 39 pp 1759-1784 Barrisone, G., Driver, R., Wren-Lewis, S. (2006), Are Our FEERs Justified?
International Journal of Money and Finance, vol 25 pp 741-759
Kirsanova, T, Leith, C and Wren-Lewis, S (2006), Should Central Banks Target Consumer Prices or the Exchange Rate? Economic Journal, vol 116 pp 208-231 Leith, C and Wren-Lewis, S (2006), Fiscal Stabilisation Policy and Fiscal Institutions, Oxford Review of Economic Policy, vol 21
Leith, C and Wren-Lewis, S. (2006), Compatability Between Monetary and Fiscal Policy under EMU, European Economic Review, vol 50 pp 1529-1556
Leith, C, Warren, P. and Wren-Lewis, S (2003), Fiscal Policy, Interest Rate Shocks and Prices, Economic Modelling, vol 20 pp 361-384
Leith, C. and Wren-Lewis, S. (2001), Interest Rate feedback rules in an open economy with forward looking inflation, Oxford Bulletin of Economics and Statistics, vol 63 pp 209-232
Ireland, J. and S. Wren-Lewis (2000), Inflation Dynamics in a New Keynesian Model, Manchester School, vol 68 pp 92-112
Leith, C and Wren-Lewis, S (2000), Interactions Between Monetary and Fiscal Policy Rules, Economic Journal, vol 110 pp 93-108
Wren-Lewis, S (2000), The Limits to Discretionary Fiscal Stabilisation Policy, Oxford Review of Economic Policy, vol 16 pp 92-105
Darby, J, Ireland, J, Leith, C and Wren-Lewis, S (1999), Compact: A Rational Expectations, Intertemporal Model of the United Kingdom Economy, Economic Modelling, vol 16 pp 1-52
Driver, R and Wren-Lewis, S. (1999), European Monetary Union, Asymmetric Shocks and Nominal Inertia, Oxford Economic Papers, vol 51 pp 665-688
Ireland, J and Wren-Lewis, S (1998), Exchange Rates, Nominal Inertia and Inflation, Scottish Journal of Political Economy, vol 45 pp 512-527
Hughes Hallet, A. and Wren-Lewis, S. (1997), Is There Life Outside the ERM? An Evaluation of the Effects of Sterling's Devaluation on the UK Economy, International Journal of Finance and Economics, vol 2 pp 199-216
Wren-Lewis, S. (1997), The Choice of Exchange Rate Regime, Economic Journal, vol 107 pp 1157-1168
Wren-Lewis, S., Darby, J., Ireland, J. and Ricchi, O. (1996), The Macroeconomic Effects of Fiscal Policy:Linking an econometric model with theory, Economic Journal, vol 106 pp 543-559
Hughes Hallet, A. and Wren-Lewis, S. (1995), Is There Life after the ERM: the UK experience, Economie Internationale, vol 63 pp 31-54
Moghadam, R. and S. Wren-Lewis (1994), Are Wages Forward Looking?, Oxford Economic Papers, vol 46 pp 403-424
Darby, J and Wren-Lewis,S (1993), Is there a Cointegrating Vector for Wages?, Journal of Economic Studies, vol 20 pp 87-115
Westaway, P and S. Wren-Lewis (1993), Is There a Case for the MTFS?, Manchester School, vol 61 pp 227-247
Anderton, R., Pesaran,B and Wren-Lewis,S (1992), Imports, Output and the Demand for Manufactures, Oxford Economic Papers, vol 44 pp 175-186
Darby, J and Wren-Lewis,S (1992), International Trends in Manufacturing Productivity, Scandinavian Journal of Economics, vol 94 pp 457-477
Ireland, J. and S. Wren-Lewis (1992), Buffer Stock Money and the Company Sector, Oxford Economic Papers, vol 44 pp 209-231
Darby, J. and Wren-Lewis,S (1991), Trends in Manufacturing Labour Productivity, Oxford Economic Papers, vol 43 pp 424-442
Joyce, M and S Wren-Lewis (1991), The Role of the Real Exchange Rate and Capacity Utilisation in Convergence to the NAIRU, Economic Journal, vol 101 pp 497-507
Wren-Lewis, S., P. Westaway, S. Soteri and R. Barrell (1991), Evaluating the UK's Choice of Entry Rate into the ERM, Manchester School Money Study Group Conference Volume., vol 59 pp 1-22
Currie, D. and Wren-Lewis, S. (1990), Evaluating the Extended Target Zone proposal for the G3, Economic Journal, vol 100
Westaway, P. and Wren-Lewis, S. (1990), Forecasting government policy: an example of the importance of Time Inconsistency, International Journal of Forecasting, vol 6 pp 401-405
Currie, D. and Wren-Lewis, S. (1989), Evaluating blueprints for the conduct of international macropolicy, American Economic Review, vol 79 pp 264-269 Currie, D. and Wren-Lewis, S. (1989), An Appraisal of Alternative Blueprints for International Policy Cooperation, European Economic Review, vol 0 pp 0-0
Ireland, J. and Wren-Lewis, S. (1989), Terminal dates and the dynamic properties of the National Institute's Model 11, National Institute Economic Review, vol 128
Wren-Lewis, S. (1989), Recent developments in the Institute's domestic macroeconomic model, National Institute Economic Review, vol 130
Wren-Lewis, S. (1988), Supply, liquidity and credit: a new version of the Institute's domestic econometric macromodel, National Institute Economic Review, vol 126 Eastwood,F and Wren-Lewis,S (1987), The World Economy, National Institute Economic Review, vol 119
Wren-Lewis, S. (1987), 'Introducing exchange rate equations into a world econometric model, National Institute Economic Review, vol 119
Hall, S., Henry, S.G.B. and Wren-Lewis, S. (1986), Manufacturing stocks and forward looking expectations in the UK, Economica, vol 43
Hall, S., Henry, S.G.B., Payne, J. and Wren-Lewis, S. (1986), Forecasting employment: the role of forward looking behaviour, Journal of Forecasting, vol 22 pp 435-445
Harvey, A., Henry, S.G.B., Peters, S. and Wren-Lewis, S. (1986), Stochastic trends in dynamic regression models: an application to the employment output relationship, Economic Journal, vol 96 pp 975-985
Henry, S.G.B. and Wren-Lewis, S. (1986), Fiscal expansion and unemployment: the labour market, National Institute Economic Review, vol 115
Whittaker, R., Wren-Lewis, S., Blackburn, K. and Currie, D. (1986), Alternative financial policy rules in an open economy with rational and adaptive expectations, Economic Journal, vol 96 pp 680-695
Wren-Lewis, S. (1986), An econometric model of UK manufacturing employment using survey data on, Journal of Applied Econometrics, vol 1 pp 297-316
Wren-Lewis, S. (1985), The quantification of survey data on expectations, National Institute Economic Review, vol 113
Wren-Lewis, S. (1985), Private sector earnings and excess demand from 1966 to 1980, Oxford Bulletin of Economics and Statistics, vol 47 pp 1-18
Wren-Lewis, S. (1984), Omitted variables in equations relating prices to money, Journal of Applied Economics, vol 16 pp 483-496
Wren-Lewis, S. (1984), On nominal government expenditure targets, Journal of Macroeconomics, vol 6 pp 89-95
Wren-Lewis, S. (1984), The roles of expected output and liquidity in explaining recent productivity movements, National Institute Economic Review, vol 108
Wren-Lewis, S. (1983), On the validation of cost push: a comment, Journal of Public Economics, vol 22 pp 123-125
Wren-Lewis, S. (1983), Labour supply and wealth: some macroeconomic policy implications, Manchester School, vol 51 pp 1-15
Wren-Lewis, S. (1982), Intermediate targets and macroeconomic policy, National Institute Economic Review, vol 99
MONOGRAPHS, BOOK CHAPTERS AND OTHER ACADEMIC PUBLICATIONS Wren-Lewis, S (2013), Comparing the Delegation of Monetary and Fiscal Policy, in Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions ed. George Kopits, Oxford University Press.
Wren-Lewis, S (2009), Bringing Undergraduate Macroeconomics Up To Date, in Macroeconomic Theory and macroeconomic Pedagogy, ed(s) Fontana, G and Setterfield, M, Palgrave Macmillan
Wren-Lewis, Simon (2007), Are There Dangers in the Microfoundations Consensus?, in Is There a New Consensus in Macroeconomics?, ed(s) Arestis, Philip, Palgrave
Macmillan
Wren-Lewis, S (2004), The needed changes in bilateral equilibrium exchange rates, in Dollar Adjustment, ed(s) Bergsten, CF and Williamson, J, Institute of International Economics
Wren-Lewis, S (2003), Estimates of Equilibrium Exchange Rates for Sterling against the Euro, in , ed(s) , H.M.Treasury
Wren-Lewis,S. (2003), The compatability between monetary and fiscal policies under EMU, in Monetary And Fiscal Policies In EMU: Interactions And Coordination, ed(s) Buti, Marco, Cambridge University Press
Wren-Lewis, S (2003), Changing the rules, New Economy, vol 10 pp 73-78
Leith,C and S.Wren-Lewis (2002), The Macroeconomic Impact of Different Speeds ofD ebt Stabilisation in EMU, in European Macroeconomic Policies after Monetary
Unification: Fiscal Policies, Monetary Policies and Labour Markets, ed(s) R. Beetsma, C. Favero, A. Missale, V.A. Muscatelli, P. Natale and P. Tirelli, Cambridge University Press
Wren-Lewis, S (2001), The Economics of EMU, New Economy, vol 8 pp 3-8
Leith,C and S.Wren-Lewis (2000), How Tough Should Monetary Policy Be if Inflation is Forward Looking?, in Econometric Modelling: Techniques and Applications, ed(s) S.Holly and M.Weale, Cambridge University Press
Wren-Lewis, S (2000), Conflicts between macroeconomic forecasting and policy analysis, in Empirical Models and Policy Making: Interaction and Institutions, ed(s) Frank A.G. den Butter and Mary S Morgan, Routledge
Wren-Lewis, S (2000), The decline in macroeconomic modelling, in Public Policy for the 21st Century, ed(s) Neil Fraser and John Hills, The Policy Press
Driver, R and Wren-Lewis, S (1999), FEERs: a sensitivity analysis, in Equilibrium Exchange Rates, ed(s) MacDonald, R and Stein, J, Kluwer
Wren-Lewis,S. (1999), Many Models at the Bank of England, London Business School Economic Outlook, vol 23 pp 17-21
Driver, R and Wren-Lewis, S (1998), Exchange Rates for the Year 2000, in , ed(s) , Institute for International Economics, Washington
Wren-Lewis, S. (1996), Avoiding Fiscal Fudge, New Economy, vol 3
Driver, R. and Wren-Lewis, S. (1995), The Investment Game, New Economy, vol 2 pp 104-109
Driver, R. and Wren-Lewis, S. (1995), Obstacles to EMU, New Economy, vol 2 pp 241-246
Driver, R., Ireland, J., Leith, C. and Wren-Lewis, S. (1995), Why Stop the Recovery, New Economy, vol 2 pp 30-35
Wren-Lewis, S. (1994), The Natural Rate in Empirical Macromodels, in The Natural Rate after Twenty Years, ed(s) R. Cross, Cambridge University Pres
Darby, J., Driver,R, Ireland,J and Wren-Lewis,S (1994), Controlling Credit: The
Macroeconomic Implications of Reversing Financial Liberalisation, New Economy, vol 1 pp 95-100
Driver, R. and Wren-Lewis, S (1994), Rules of Engagement, New Economy, vol 1 pp 151-158
Driver, R. and Wren-Lewis,S (1994), Jobs Without Inflation, New Economy, vol 1 pp 28-35
Driver, R., Ireland, J. and Wren-Lewis, S. (1994), Labours Rate Crisis, New Economy, vol 1 pp 218-215
Wren-Lewis, S. (1993), What's so Bad about Borrowing?, New Economy, vol 0 pp 41-51
Darby,J., Ireland,J, Ricchi,O and Wren-Lewis,S (1993), Compact Model Manual Version 1, mimeo, University of Strathclyde
Wren-Lewis, S. (1992), On the Analytical Foundations of Fundamental Equilibrium Exchange Rates, in Macroeconomic Modelling of the Long Run, ed(s) C. Hargreaves, Edward Elgar
Wren-Lewis, S. (1992), Between the Short and the Long Run: Vintages and the NAIRU, in Macroeconomic Modelling of the Long Run, ed(s) C. Hargreaves, Edward Elgar
Wren-Lewis, S. (1992), Why the Pound Should be Devalued Inside the ERM, Economic Outlook, vol 0 pp 35-38
Currie, D. and Wren-Lewis, S. (1989), A comparison of alternative regimes for international macropolicy coordination, in Blueprints for Exchange Rate Management, ed(s) M. Miller, B. Eichengreen, R. Portes, Academic Press
Currie, D. and Wren-Lewis, S. (1989), Conflict and cooperation in international macroeconomic policy making, in Policymaking with Macroeconomic Models, ed(s) Britton, A., Gower
Wren-Lewis, S. (1989), National Institute Model 11 Technical Manual, mimeo, National Institute
Wren-Lewis, S. (1988), GEM Technical Manual, mimeo, National Institute
Wren-Lewis, S. (1985), Expectations in Keynesian macroeconomic models, in Keynes: Methodological Issues, ed(s) H. Pesaran and T. Lawson, Croom Helm
Henry, S.G.B. and Wren-Lewis, S. (1984), The aggregate labour market in the UK: some experiments with rational expectations models, in Contemporary Macroeconomic Modelling, ed(s) P. Malgrange and P. Muet, Blackwell
Wren-Lewis, S. (1983), Employment, Investment and Stockbuilding , in Employment, Output and Inflation, ed(s) Britton, A., Heinemann
Wren-Lewis, S. (ed) (1978), Treasury Macroeconomic Model Technical Manual, mimeo, H.M.Treasury
PAPERS ‘IN PROGRESS’
Leith, C, Moldovan, I and Wren-Lewis, S (2011), Debt Stabilisation in a Non-Ricardian Economy, Oxford Economics Department Discussion Paper No.542
Leith,C and Wren-Lewis, S (2009) “Electoral Uncertainty, the Deficit Bias and the
Electoral Cycle in a New Keynesian Economy”, Oxford Economics Department Discussion
Paper 460
Eser, F, Leith, C and Wren-Lewis, S (2008), When Monetary Policy is all you need, Oxford Economics Department Discussion Paper No. 430
Leith, C and Wren-Lewis, S (2007), The optimal monetary policy response to exchange rate misallignments, Oxford Economics Department Discussion Paper 305
Driver, Rebecca and Wren-Lewis, Simon (2006), An investigation of the implications of new trade theory for aggregate export equations using a panel of European countries, mimeo,
Kirsanova, T, Vines, D and Wren-Lewis, S (2006), Credit Constrained Consumers, Inflation Inertia and Instability under Fixed Exchange Rates, mimeo,
Leith, C and Wren-Lewis, S (2006), The Costs of Fiscal Inflexibility, mimeo.
Kirsanova, T, Vines, D and Wren-Lewis, S (2005), Fiscal Policy and Macroeconomic Stability within a Currency Union, mimeo, University of Exeter. Presented to HM Treasury, September 2005
Kirsanova, T, Vines, D and Wren-Lewis, S (2005), Inflation Persistence, Fiscal
Constraints and Non-cooperative Authorities: Stabilisation Policy in a Monetary Union, mimeo, University of Exeter. Presented to the European Economic Association
Conference, Amsterdam 2005.
Wren-Lewis, S (2004), A Model of Equilibrium Exchange Rates for the Australian and New Zealand Dollar, Reserve Bank of New Zealand
Darby, J., Ireland,J and Wren-Lewis,S (1996), Interest Rates, Vintages and the Natural Rate, International Centre for Macroeconomic Modelling 29
