James Cloyne

James Cloyne is Professor of Economics at the University of California, Davis, and a Research Associate of the NBER, Research Fellow at CEPR, IFS and CESifo. He joined UC Davis in 2016 after five years as Senior Research Economist at the Bank of England and earlier roles as economic policy adviser at the UK Cabinet Office.

Education:

• Ph.D. in Economics, University College London, 2011
• MSc (Distinction) in Economics, University College London, 2005
• B.A. (Honours) in Philosophy, Politics & Economics, Keble College, University of Oxford, 2004

Research focus: Empirical macroeconomics, monetary and fiscal policy transmission, household and corporate finance, and economic history. His work combines narrative identification, micro-level administrative data and modern macro-econometric techniques to quantify how taxes, interest rates and house prices affect households, firms and aggregate activity.

Recent publications analyse the efficacy of tax changes at the zero lower bound, the distributional consequences of corporate tax reforms, and the role of mortgage market notches in identifying intertemporal substitution elasticities. A recurrent theme is the interaction between household debt and macroeconomic stabilization policies.

Awards & recognition:

• Economic Journal Referee Prize, Royal Economic Society, 2013
• Distinguished Young Affiliate Prize, CESifo Institute, 2011
• Outstanding Teaching Award, UCL (2007-2011, multiple years)
• W.M. Gorman Scholarship, UCL, 2005

At UC Davis he teaches undergraduate and graduate courses in macroeconomics, monetary and fiscal policy, and quantitative macro analysis. He maintains active research grants and collaborative projects with the NBER, CEPR, IFS and CESifo networks, but no doctoral advisees are listed in the supplied material.