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Professor of Economics
BA (Bari) Master in Economics (Universitat Ponpeu Fabra) PhD (Bocconi)
Paolo Surico is Professor of Economics at London Business School, fellow of the Centre for Economic Policy Research, research associate at the London School of Economics Centre for Macroeconomics and research consultant to several international policy institutions and central banks, such as the Bank of England and the Financial Conduct Authority, and previously at the IMF and the European Central Bank. Before joining London Business School in 2009, he was Advisor of the External Member of the Monetary Policy Committee of the Bank of England.
Paolo Surico’s expertise lays at the intersection of macroeconomics and finance with particular emphasis on monetary and fiscal policy, housing and mortgage markets. His recent work focuses on assessing the aggregate effects and distributional impact of conventional and unconventional monetary policies as well as tax reforms and government spending, giving particular emphasis to the role played by household and corporate debt in the transmission mechanism of macroeconomic policies and shocks.
Paolo’s work has been featured in many leading international journals as well as international press (e.g. The Economist and Financial Times) and Italian media (e.g. Sole 24 ore, RAI and Corriere della Sera). Paolo has won numerous awards in recognition of his research achievements and several teaching prizes in recognition of his presentation skills and engaging delivery style. Outside London Business School, Paolo has participated as Keynote Speaker at high profile events hosted by financial and non-financial companies for their client or senior executives, including INEOS, UBS, PwC, Citywire, Rugby Football Union, Dartmouth Partners, Prudential, etc.
His latest lectures and research have focused on the Economics of a Pandemic: the case of Covid-19, World Trends, the economic impact of Brexit, Globalization and Income Inequality, climate change, secular stagnation, the rise of populism, the macroeconomic impact of demographic changes, automation and artificial intelligence, monetary policy, house prices and the credit market, public debt sustainability, household and corporate debt, global imbalances and emerging markets.
Sep 14-Aug 15: British Academy Mid-career Fellowship.
Dec 14: Observatoire Français des Conjonctures Economiques, Science Po Keynote Speaker, workshop on “Empirical Monetary Economics”.
Sep 13: Centre for International Macroeconomics and Finance, University of Cambridge Keynote Speaker, conference on “Modern Macroeconomic Policy making”.
Apr 12: Euro Area Business Cycle Network and Bank of England Keynote Speaker, conference on “Money is Back”.
Nov 11: The Leverhulme Trust, Philip Leverhulme Prize 2011, as outstanding young research scholar under the age of 36 based in the U.K. who has made original and significant contributions in the field of Economics.
Jul 11: London Business School Student Association MBA Best Teacher Award 2011, determined by student vote.
Jun 11: Kiel Institute for the World Economy Excellence Award in Global Economic Affairs 2011, Porsche Scholarship, as best economist under the age of 35 in the research area of global economic affairs.
Nov 10-Oct 14: European Research Council Starting Independennt Research (Grant 263429).
Nov 10: London Business School Student Association MBA First Year Teaching Award 2010 as most appreciated professor by first year students for outstanding efforts teaching.
Sep 08: CEPR/ESI, Best Central Bank Research Prize 2008 for the paper ‘Household External Finance and Consumption’, with Tim Besley and Neil Meads.
Sep 06: CEPR/ESI, Best Central Bank Research Nomination 2006 for the paper ‘Evolving International Inflation Dynamics: World and Country-Specific Factors’, with Haroon Mumtaz.
Apr 02: Scottish Economic Society, Glasgow Cairncross Prize, with Efrem Castelnuovo.
Sep 01-Aug 04: Bocconi University, Milan, Fellow of the PhD in Economics.
2023
Cloyne J; Martinez J; Mumtaz H; Surico P
AEA papers and proceedings 2023 Vol 113 p 377-381
Cloyne J; Ferreira C; Froemel M; Surico P
Journal of the European Economic Association 2023 In Press
2022
Bilbiie F O; Kanzig K R; Surico P
Journal of Monetary Economics 2022 Vol 126 p 154-169
Bahaj S; Foulis A; Pinter G; Surico P
Journal of Monetary Economics 2022 Online first
2021
Hacioglu-Hoke S; Kanzig D R; Surico P
European Economic Review 2021 May Vol 134 p 103680
Galeotti A; Steiner J; Surico P
Health Policy and Technology 2020 Vol 9:4 p 575-577
Cloyne J; Ferreira C; Surico P
Review of Economic Studies 2020 Vol 87:1 p 102-129
Bracke P; Croxson K; Fakhri D; Surico P; Valletti T
Financial Conduct Authority
2019
Surico P; Trezzi R
Journal of the European Economic Association 2019 April Vol 17:2 p 606-649
Corbi R; Papaioannou E; Surico P
Review of Economic Studies 2019 Vol 86:5 p 1901-1934
2018
Mumtaz H; Surico P
Journal of Applied Econometrics 2018 Apr/May Vol 33:3 p 319-331
Bunn P; Le Roux J; Reinold K; Surico P
Journal of Monetary Economics 2018 June Vol 96 p 1-15
2017
Cloyne J; Surico P
Review of Economic Studies 2017 Vol 84:1 p 45-81
2016
Faccini R; Mumtaz H; Surico P
Journal of International Economics 2016 Vol 99 p 31-45
2015
Surico P; Cogley T; Sargent T
Journal of Economic Dynamics and Control 2015 Vol 52 p 1-16
Mumtaz H; Surico P
International Economic Review 2015 Vol 56:4 p 1237-1260
Benigno P; Ricci L; Surico P
Review of Economics and Statistics 2015 Vol 97:3 p 698-709
2014
Misra K; Surico P
American Economic Journal: Macroeconomics 2014 Vol 6:4 p 84-106
Besley T; Meads N; Surico P
Journal of Public Economics 2014 November Vol 119 p 61-70
2013
De Santis R; Surico P
Economic Policy 2013 Vol 28:75 p 423-457
2012
D'Agostino A; Surico P
Review of Economics and Statistics 2012 Vol 94:4 p 1097-1106
Mumtaz H; Surico P
Journal of European Economic Association 2012 Vol 10:4 p 716-734
Besley T; Meads N; Surico P
NBER Macroeconomics Annual 2012 Vol 27 p 375-419
2011
Surico P; Mumtaz H; Simonelli S
Review of Economic Dynamics 2011 Vol 14:1 p 176-198
Surico P; Sargent T
American Economic Review 2011 Vol 101:1 p 113-132
2010
Surico P; Castelnuovo E
Economic Journal 2010 Vol 120:549 p 1262-1283
Surico P; Lubik T
Journal of Applied Econometrics 2010 Vol 25:1 p 177-194
2009
D'Agostino A; Surico P
Journal of Money, Credit, and Banking 2009 Vol 41:2/3 p 479-489
Bianchi F; Mumtaz H; Surico P
Journal of Monetary Economics 2009 Vol 56:6 p 856-871
Mumtaz H; Surico P
Journal of Money, Credit, and Banking 2009 Vol 41:s1 p 71-100 Supplement
Mumtaz H; Surico P
Journal of Applied Econometrics 2009 Vol 24:6 p 895-913
Benati L; Surico P
American Economic Review 2009 Vol 99:4 p 1636-1652
2008
Surico P; Benati L
Journal of European Economic Association 2008:6 p 634-646
Surico P; Besley T; Meads N
American Economic Review 2008:98 p 218-223
Surico P
Macroeconomic Dynamics 2008:12 p 724-735
2007
Surico P
Journal of Economic Dynamics and Control 2007:31 p 305-324
2004
Surico P; Castelnuovo E
Scottish Journal of Political Economy 2004:51 p 105-126
2003
Surico P
Oxford Review of Economic Policy 2003:19 p 44-57
Surico P
Journal of Economic Surveys 2003:17 p 693-708
Surico P
Growth and Change 2003:34 p 261-275
Surico P; Castelnuovo E
Economic Notes 2003:32 p 335-359
2021
Bilbiie F O; Kanzig D; Surico P
CEPR discussion paper
Andreolli M; Surico P
CEPR discussion paper
Benetton M; Gavazza A; Surico P
Bank of England staff working paper
2020
Hacioglu S; Kanzig D R; Surico P
CEPR discussion paper
Bracke P; Croxson K; Fakhri D; Surico P; Valletti T
CEPR discussion paper
2019
Bahaj S; Foulis A; Pinter G; Surico P
Bank of England staff working paper
2018
Cloyne J; Ferreira C; Froemel M; Surico P
NBER Working Paper
2016
Surico P; Trezzi R
Social Sciences Research Network
Cloyne J; Ferreira C; Surico P
Bank of England Working Papers
2014
Papaioannou E; Corbi R; Surico P
Working Paper
Our teaching offering is updated annually. Faculty and programme material are subject to change.