Scottish Institute for Research in Economics

The University of Glasgow is one of ten Scottish Universities engaged in an exciting collaborative venture for the establishment of the new Scottish Institute for Research in Economics (SIRE). The initiative is funded by a £9.4m award from the SFC (Scottish Funding Council) combined with £11.4m from the partner institutions. Detailed information on SIRE, including publications, can be found on the SIRE website.

One of three programme strands within SIRE, the Macroeconomics, Financial Linkages and the Regions programme, is based at Glasgow under the directorship of Professor Charles Nolan. It is mainly concerned with theoretical and policy-related analysis at the macroeconomic level. The classic questions remain pertinent:

  • What policies and institutions may be adopted to boost an economy’s secular, or long-run, growth rate? 
  • What policies can be implemented in order to attenuate inefficient fluctuations in economic activity over the business cycle? 
  • How do frictions to international trade affect trade patterns and economic growth?
  • What are the interactions between fiscal and monetary policy? 
  • What are the determinants of key asset prices, such as housing prices and exchange rates, and what role do asset prices play in influencing macroeconomic outcomes? 

SIRE's website contains detailed information on this programme, with up-to-date information on current research themes and events.


Contact us

Administrator for the Macroeconomics, Financial Linkages and the Regions Programme at Glasgow: Lavina McMillan

SIRE Administrator: Gina Reddie