Campbell B Leith

Campbell B Leith is a Professor of Macroeconomics at the University of Glasgow's Department of Economics. He joined Glasgow in 1999 as a Lecturer, previously holding roles at the Universities of Strathclyde and Exeter. His research focuses on monetary-fiscal policy interactions, debt sustainability, and macroeconomic stability, particularly within New Keynesian frameworks. Leith has been involved in significant grants, including multiple ESRC-funded projects rated 'outstanding,' and has supervised doctoral students such as Yizheng Fang.

His work emphasizes policy coordination, inflation dynamics, and fiscal sustainability. Notable contributions include analyzing strategic interactions between monetary and fiscal policies in the US and the Euro area, as well as exploring sovereign default risks and debt management strategies. Leith has also contributed to understanding inflation bias under different pricing models (Calvo vs. Rotemberg) and the implications of deep habits in consumption for policy design.

Leith's research spans over three decades, with publications in top journals like Journal of Monetary Economics, Macroeconomic Dynamics, and European Economic Review. He serves as an Associate Editor for European Economic Review and a Co-Editor for B.E. Journal of Macroeconomics. His teaching portfolio includes advanced macroeconomics, financial economics, and policy-related courses at both undergraduate and postgraduate levels.

• Grants:
  • ESRC Grant (2001–2004): £50,000 for research on monetary-fiscal interactions.
  • HM Treasury Project (2005–2008): Fiscal Stabilization in EMU.
  • ESRC Grant (2005–2008): Reinstating Fiscal Policy as a Stabilization Device (£147,000).
  • ESRC Grant (2008–2011): New Directions in Monetary and Fiscal Policy Analysis (£150,000).

Leith’s work consistently bridges theoretical models with empirical policy analysis, influencing debates on optimal policy design and institutional frameworks to achieve macroeconomic stability.