Themes Teams Projects

Nine Research Themes

Six Programme Teams

INET Oxford is conducting leading-edge research across

Nine Major Research Themes

Foundations of Economics

Technology and the Economy

Future of Capitalism

Economics of Sustainability

Ethics and Economics

Risk and Resilience

Financial System Stability

Economic Growth and Innovation

Economic Inequality

INET Oxford is organised into

Six Programme Teams

Collectively working across all nine themes

Economic Modelling (EMoD)

Complexity Economics

Employment, Equity, Growth (EEG)

Economics of Sustainability (EoS)

Ethics and Economics

Our World in Data

INET Oxford's Latest Projects

What we've been working on

Learning dynamics in random games

Equilibrium analysis underpins most of modern economic theory. ut if major economic downturns such as the 2008 crisis are rather caused by endogenous forces, this opens up the possibility for early-warning signals and targeted interventions. So, when is the equilibrium assumption reasonable?

Network approaches to labour markets and industrial strategies

We use network analysis and agent-based models to analyse and what policies could ease this transition for workers in this time of unprecedented change in labour markets

Understanding macroeconomics from the bottom-up

Our models are based on fine-grained data sets at the level of firms, products and industries, with the goal of providing a detailed understanding of the rich and heterogeneous behaviour underlying business cycles, inflation and interest rates, innovation, and long-run growth.

Estimating parameters and initial conditions for Agent Based Models

ABMs leverage the flexibility offered by computational simulations in order to avoid a number of problematic assumptions required by traditional modelling approaches. .

Opinion dynamics

Recent advances in the availability of cheap computational power and real-world data present researchers with an unprecedented opportunity to construct and test mathematical models of human behaviour.

Accelerating The Energy Transition

This project considers how to build portfolios of clean energy technologies, with the aim of accelerating the transition to a zero carbon economy.

Capital stocks and carbon budgets

We research remaining carbon budgets (especially for electricity generation) and committed emissions from generation infrastructure to identify potentially stranded assets and provide scientific evidence for potential least-cost decarbonisation pathways.

Carbon pricing

This project examines the economic rationality, political feasibility and public acceptability of carbon pricing in the context of national economic objectives and fiscal policy.

Climate Econometrics

The Climate Econometrics project develops new econometric methods and applies these to climate-economic problems. We focus on disentangling complex relationships between human actions and climate responses and their associated economic effects.

Econometric Modelling

Our modelling approach, supported by stringent model evaluation techniques, tackles all the complications of ‘real world’ economies, to provide a viable framework for empirical modelling that avoids many of the difficulties faced by ‘conventional’ approaches.

Economics of energy innovation policy

This project explores how resources can be spent wisely in order to induce and accelerate clean energy innovation.

Electricity system economics

This work examines the design of regulations and market structures that facilitate greater integration of renewable energy technologies.

Employment, Equity and Growth

We show that while rich countries have faced common challenges in an era of globalization and rapid technological change, some sets of institutions and policy responses proved more capable than others in still underpinning widely-share improvements in incomes and living standards.

Energy technology portfolios

This project considers how to build portfolios of clean energy technologies, with the aim of accelerating the transition to a zero carbon economy.

Financial Stability, Systemic Risk and Stress Testing

We have been working together with the Bank of England, the ECB and the Bank of South Africa to develop models that can be used to better understand systemic risk and to quantify its dangers.

Forecasting technological progress

In this project we use networks and time series analysis to analyse performance curves and the large historical records of patenting activity to map the evolution of technological ecosystems.

From CGE to ABM and Climate

We work on a computational generalization of the Arrow-Debreu general equilibrium model, which is not in equilibrium during the transitions, but converges to the same equilibrium as a CGE model with the same data and assumption.

Green complexity

This research provides a novel methodology to estimate which countries are more likely to thrive in the fast-approaching green economy.

How Ecological Properties Of Economic Production Networks Amplify Growth

In this project we developed a theory for the amplification of technological improvement by the production network structure of the economy.

Macroeconomics

We illuminate the roles of housing in the economy, emphasizing the importance of institutional arrangements (differing greatly between economies), and on how changes in house prices and mortgages in turn affect economic outcomes.

Modelling Structural Breaks

A key aspect of the financial crisis was the lack of fore-knowledge, so analyses of forecasting in the face of breaks, during breaks and of breaks themselves remain a central focus.

Natural capital and land use economics

In collaboration with the sponsor – The Nature Conservancy – the primary goal of the project is to understand the options for reaching a 1.5oC or 2oC temperature target, given existing committed cumulative emissions and the potential and limitations of land-based carbon sequestration.

Net-zero carbon investment

The Oxford Martin Net Zero Carbon Investment Initiative works to embed long-term climate sustainability concerns into...

Nowcasting and Forecasting

We are developing improved forecasting methods; approaches to try and forecast breaks, or failing that, forecasting during breaks; and building robust forecasting devices.

Our World in Data

On this web publication we are presenting the long-term research on how and why living conditions around the world are changing.

Predictability of energy technology progress

In this project we are evaluating the predictability of technological progress in energy technologies.

Rebuilding Trust in the Financial Services Industry

This research looks at both on understanding the necessary reforms to institutions, laws and regulations needed to ensure that those who work within the financial sector become, once again, more tightly bound by professional standards of behaviour.

Reflexivity

INET Oxford researchers are exploring the philosophical and methodological implications of reflexivity. Notably, the connections between reflexivity theory and complex systems theory, and the epistemological and ontological implications of reflexivity for economics status as a science.

Sensitive Intervention Points in the Transition to the Post-Carbon Society

This new project will model the physical, economic, sociological and political aspects of this transition to an entirely new energy network from an interdisciplinary perspective, seeking to understand the sensitive points that can accelerate it.

Systemic Risk of Modelling in the Insurance Sector

This project aims to determine the potential gains in resilience that can result from making use of a diversity of models.

The Intergenerational Transmission of Family Wealth

This project, supported by the Nuffield Foundation, is investigating the direct transmission of wealth across generat...

The Oxford Martin Programme on Inequality and Prosperity

The programme is directly addressing current concerns about rising inequality and its impacts

The wealth project

The Wealth Project - jointly with Citi and the Rothschild Foundation - seeks to develop and advance national wealth accounting as an accompanying metric to GDP.