University of Kent
  • Research

    The School has a strong research culture and an international reputation in a number of fields.
  • Centres and groups

    We have two research centres that specialise in macroeconomics and agri-environmental studies, plus an active microeconomics research group.
  • Seminars

    We host weekly research seminars by visiting visiting academics from universities and institutions in the UK and abroad.
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keynes collegeA new discussion paper by Konstantinos Angelopoulos, Wei Jiang and James Malley, KDPE 1704, January 2017.

Non-technical summary

The evolution of inequality has been well documented in the data. Inequality in earnings has increased in recent decades and, in particular, wage inequality has increased dramatically since the beginning of the 20th century. As a result of this rise and its deleterious implications for the welfare of a large part of the population, societies and policymakers at large are paying increasing attention to better understanding causes and consequences of inequality.

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keynes collegeA new discussion paper by Kevin S. Nell and A. P. Thirlwall, KDPE 1703, March 2017.

Non-technical summary

‘New’ (endogenous) growth theory seeks to explain growth rate differences between countries outside the confines of orthodox neoclassical growth theory, but also to rehabilitate the neoclassical model with diminishing returns to capital by introducing other variables into the equations to explain why there has not been unconditional convergence of per capita incomes across the world as predicted by the basic neoclassical (Solow) growth model.

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iain fraser 120x120"If you had been a canny investor back in 2008, you could have done a lot worse than make a substantial bet on upmarket ice cream futures. The price of vanilla beans has rocketed from as little as US$25 per kilo eight years ago up to US$240 at the end of 2016. Some forecasts predict it will reach as much as US$450 per kilo by the middle of 2017. Even by the standards of volatile prices in agricultural commodities such as rice and grains this is exceptional.

Unlike other price increases that were shortlived and the result of policy decisions, the price of vanilla beans is being driven by something else. In short, it is all down to us, the fickle consumer and our love of authentic cones, custard and crème brûlée..."

This is an excerpt from an article by the School's Professor Iain Fraser, published in The Conversation on 27 February 2017. Click here to read the full article.

sashana whyteEconomics PhD student, Sashana Whyte, has been selected to join the Young Professionals Program of the World Bank from September this year.

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