Professor Raymond Barrell
Honorary Professor - Economics
- Email: raymond.barrell@brunel.ac.uk
- Economics
Research area(s)
- Consumption, trade and monetary and fiscal policies
- FDI, R&D education and growth
- Money and banking, financial regulation
Research Interests
Prof. Barrell’s main interests are macroeconomics, economic policy and financial regulation. He has worked on financial markets, determinants of growth, fiscal and monetary policy, the impact of European integration, accession and expansion, and on macro economic modelling. He is currently working on papers on Financial Markets and Competition, Macroprudential Policy, Financial Crises, FDI in Europe, and on European Fiscal Policy. He is also writing a book with Martin Weale on ‘From Banking Crisis to Brexit’ .
He has extensive contacts with policy makers in the UK, where he has worked with various government departments including the Treasury, the Bank and the FSA, in Europe where he has undertaken numerous projects with the Commission and with Finance Ministries and Central Banks such as the ECB, as well as in Washington, and has regularly visited the IMF.
- In the last twenty years he has examined and supervised PhDs at the European University Institute in Florence, Brunel and at Bordeaux University, and examined PhDs at York, Exeter, Brunel, Leicester, Loughborough, Imperial College, Birkbeck College SOAS and the London Business School. His last three PhD students successfully presented their theses on monetary policy, banking and on foreign direct investment in 2016 and 2017, and they are preparing chapters for joint publication.
- Since 1990 he has published over a hundred papers in books and academic journals, including Review of Economics and Statistics, Economic Journal, European Economic Review, Journal of Financial Stability and Oxford Review of Economic Policy and has authored or edited a number of books and official reports. He has been awarded and successfully completed a large number of research grants and projects. He has referred for a large number of academic journals in addition to those in which he has published.
Research grants and projects
Project details
Financial regulation and growth
Credit ratings and bank behaviour
Age and insider activity by directors of firms
Recent grants include:
European Commission
- Proposals for new capital requirements for banks and investment firms in the EU(with PWC) European Commission "£35,000.00" 2003-2004
- Financial integration in Europe and the propagation of shocks European Commission 6th Framework with DIW, IfW and Ghent "€ 44,316" 2004-5
- Assessing the factors of resilience of private consumption in the Euro Area European Commission " € 99,462" 2005-6
- European forecasting network European Commission 2005 2007 "€ 300,000
- Technical change and its impacts in Europe European Commission 2006 "€ 44,800
- The impact of EMU on growth and employment in Europe. European Commission 2007 "€ 40,000
- Financial Fragility in the New Member States European Commission 2008 -9 "€ 85,000
ESRC
- Optimal regulation of Banks Capital Adequacy £30,000 2009-10
UK Government
- Modelling the macroeconomic effects of the revised Basel accounting regulations DfID "£13,200.00" 2004-2005
- Effectiveness of different fiscal instruments on the Nigem model HM Treasury"£9,000.00" 2003-4
- 'International Migration to the UK and the impacts of the Recession' Department of Communities and Local Government £19,000 2008
- Optimal regulation of Banks Capital Adequacy FSA £200,000 2008-10
- The financial consequences of extending working lives DWP, £45,000