Professor Campbell Leith

  • Professor of Macroeconomics (Economics)

telephone: 01413303702
email: Campbell.Leith@glasgow.ac.uk

Biography

Campbell joined Economics at Glasgow as a lecturer in May 1999.  He previously held positions at the Universities of Strathclyde and Exeter.  He holds degrees from the Universities of Strathclyde, Glasgow and Exeter.

Download a full CV:  Campbell Leith (pdf, 33kb)

Research interests

Areas of Expertise:

  • Macroeconomics

Selected publications

Leeper, E. M., and Leith, C. (2016) Understanding Inflation as a Joint Monetary-Fiscal Phenomenon. Working Paper. National Bureau of Economic Research, Cambridge, Massachusetts.

Grants

ESRC Grant (2001-2004) £50,000 (£34,000 for Dr. C. Leith) for research on “Interactions Between Monetary and Fiscal Policy” joint with Simon Wren-Lewis (University of Exeter). Rated as ‘outstanding’.

HM Treasury project (2005-2008) on “Fiscal Stabilisation in EMU”, with S. Wren-Lewis (University of Exeter).

ESRC Grant (2005-2008) £147,000 (£97,000 for Prof C. Leith as the Principal Investigator) for research on “Reinstating Fiscal Policy as a Stabilisation Device” joint with Simon Wren-Lewis (University of Oxford). Rated as ‘outstanding’.

ESRC Grant (2008-2011) £150,000 for research on “New Directions in  Monetary and Fiscal Policy Analysis at the Macroeconomic Level” joint with Simon Wren-Lewis (University of Oxford). Rated as ‘outstanding’.

Supervision

Current PhD students

Thesis title: Private information, contracting and business cycles.
Co-supervisor: Professor Charles Nolan

Thesis title: The excessive money puzzle in China.
Co-supervisor: Professor Charles Nolan

Jorge Ricardo Chavarin Hoyos

Thesis title: Fiscal Policy in Emerging Economies. Experiences and Alternatives.
Co-supervisor: Professor Tatiana Kirsanova

Teaching

I have taught a broad spectrum of courses at both undergraduate and post-graduate level including Financial Economics, Advanced Macroeconomics, Intermediate Macroeconomics, Government and the Economy, Economics for Management, Macroeconomic Modelling, and International Banking. This teaching includes a contribution to the core Macroeconomics class of the Scottish Graduate Programme in Economics at the University of Edinburgh. I also supervise postgraduate research undertaken as part of Masters and PhD study. Finally, I am a member of the Higher Education Academy (formerly the Institute of Learning and Teaching).

Additional information

Work in progress

Bi, H., Leeper, E. and Leith, C. (2010), 'Stabilization versus Sustainability: Macroeconomic Policy Tradeoffs' (pdf, 340kb).

Editorships

Associate Editor, European Economic Review http://ees.elsevier.com/eer/default.asp

Co-editor, B.E. Journal of Macroeconomics bepress.com/bejm/

Co-editor, Scottish Journal of Political Economy. wiley.com/bw/journal.asp?ref=0036-9292

Working papers

Details of Campbell's working papers can be found on his RePEc profile on the RePEc website.

All publications

List by: Type | Date

Jump to: 2016 | 2015 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2001 | 2000
Number of items: 27.

2016

Leeper, E. M., and Leith, C. (2016) Understanding Inflation as a Joint Monetary-Fiscal Phenomenon. Working Paper. National Bureau of Economic Research, Cambridge, Massachusetts.

2015

Leith, C., Moldovan, I., and Rossi, R. (2015) Monetary and fiscal policy under deep habits. Journal of Economic Dynamics and Control, 52, pp. 55-74. (doi:10.1016/j.jedc.2014.11.005)

2013

Bi, H., Leeper, E.M., and Leith, C. (2013) Uncertain fiscal consolidations. Economic Journal, 123(566), F31-F63. (doi:10.1111/ecoj.12011)

Leith, C., and Wren-Lewis, S. (2013) Fiscal sustainability in a new Keynesian model. Journal of Money, Credit and Banking, 45(8), pp. 1477-1516. (doi:10.1111/jmcb.12060)

2012

Leith, C., Moldovan, I., and Rossi, R. (2012) Optimal monetary policy in a new Keynesian model with habits in consumption. Review of Economic Dynamics, 15(3), pp. 416-435. (doi:10.1016/j.red.2012.03.001)

Bi, H., Leeper, E.M., and Leith, C.B. (2012) Uncertain fiscal consolidations. Working Paper. National Bureau of Economic Research.

Leith, C., and Wren-Lewis, S. (2012) Fiscal sustainability in a new Keynesian model - additional appendix. (Unpublished)

2011

Leith, C., and Wren-Lewis, S. (2011) Discretionary policy in a monetary union with sovereign debt. European Economic Review, 55(1), pp. 93-117. (doi:10.1016/j.euroecorev.2010.11.007)

2009

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2009) Monetary and fiscal policy interaction: the current consensus assignment in the light of recent developments. Economic Journal, 119(541), F482-F496. (doi:10.1111/j.1468-0297.2009.02317.x)

Leith, C., and Wren-Lewis, S. (2009) Electoral uncertainty, the deficit bias and the electoral cycle in a New Keynesian economy. Discussion Paper. Oxford University Press.

Haruyama, T., and Leith, C. (2009) Unemployment and the productivity slowdown: an effciency wage perspective. Japanese Economic Review, 61(3), pp. 301-319. (doi:10.1111/j.1468-5876.2009.00492.x)

Leith, C., and Wren-Lewis, S. (2009) Taylor rules in the open economy. European Economic Review, 53(8), pp. 971-995. (doi:10.1016/j.euroecorev.2009.04.009)

2008

Leith, C., and Wren-Lewis, S. (2008) Interactions between monetary and fiscal policy under flexible exchange rates. Journal of Economic Dynamics and Control, 32(9), pp. 2854-2882. (doi:10.1016/j.jedc.2007.11.005)

Leith, C., and von Thadden, L. (2008) Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers. Journal of Economic Theory, 140(1), pp. 279-313. (doi:10.1016/j.jet.2007.07.005)

2007

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2007) Optimal debt policy, and an institutional proposal to help in its implementation. Euoropean Economy Economics Papers, 275, pp. 269-296.

Leith, C., and Malley, J. (2007) Estimated open economy New Keynesian Phillips curves for the G7. Open Economies Review, 18, pp. 405-426. (doi:10.1007/s11079-007-9008-x)

Leith, C., and Malley, J. (2007) A sectoral analysis of price-setting behavior in US manufacturing industries. Review of Economics and Statistics, 89, pp. 335-342. (doi:10.1162/rest.89.2.335)

2006

Andrés, J., Doménech, R., and Leith, C. (2006) Fiscal policy, macroeconomic stability and finite horizons. Scottish Journal of Political Economy, 53(1), pp. 72-89. (doi:10.1111/j.1467-9485.2005.00371.x)

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2006) Should central banks target consumer prices or the exchange rate? Economic Journal, 116(512), F208-F231. (doi:10.1111/j.1468-0297.2006.01097.x)

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2006) Optimal debt policy. In: Ayuso-i-Casals, J., Deroose, S., Flores, E. and Moulin, L. (eds.) The Role of Fiscal Rules and Institutions in Shaping Budgetary Outcomes. Series: Economic Papers (275). European Commission Directorate General for Economic and Financial Affairs: Brussels, pp. 269-296. ISBN 9789279046285

Leith, C., and Wren-Lewis, S. (2006) Compatibility between monetary and fiscal policy under EMU. European Economic Review, 50, pp. 1529-1556. (doi:10.1016/j.euroecorev.2005.04.003)

2005

Leith, C., and Malley, J. (2005) Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe. European Economic Review, 49, pp. 2137-2159. (doi:10.1016/j.euroecorev.2004.09.010)

Leith, C., and Wren-Lewis, S. (2005) Fiscal stabilization policy and fiscal institutions. Oxford Review of Economic Policy, 21(4), pp. 584-597. (doi:10.1093/oxrep/gri033)

2004

Leith, C. (2004) Comments on “Monetary and fiscal interactions in open economies". Journal of Macroeconomics, 26(2), pp. 349-352. (doi:10.1016/j.jmacro.2003.11.008)

2003

Leith, C., Warren, P., and Wren-Lewis, S. (2003) Fiscal policy, interest rate shocks and prices. Economic Modelling, 20, pp. 361-382.

2001

Leith, C., and Wren-Lewis, S. (2001) Interest rate feedback rules in an open economy with forward looking inflation. Oxford Bulletin of Economics and Statistics, 63, pp. 209-231.

2000

Leith, C., and Wren-Lewis, S. (2000) Interactions between monetary and fiscal policy rules. Economic Journal, 110(462), pp. 93-108. (doi:10.1111/1468-0297.00523)

This list was generated on Mon Jun 27 13:19:01 2016 BST.
Number of items: 27.

Articles

Leith, C., Moldovan, I., and Rossi, R. (2015) Monetary and fiscal policy under deep habits. Journal of Economic Dynamics and Control, 52, pp. 55-74. (doi:10.1016/j.jedc.2014.11.005)

Bi, H., Leeper, E.M., and Leith, C. (2013) Uncertain fiscal consolidations. Economic Journal, 123(566), F31-F63. (doi:10.1111/ecoj.12011)

Leith, C., and Wren-Lewis, S. (2013) Fiscal sustainability in a new Keynesian model. Journal of Money, Credit and Banking, 45(8), pp. 1477-1516. (doi:10.1111/jmcb.12060)

Leith, C., Moldovan, I., and Rossi, R. (2012) Optimal monetary policy in a new Keynesian model with habits in consumption. Review of Economic Dynamics, 15(3), pp. 416-435. (doi:10.1016/j.red.2012.03.001)

Leith, C., and Wren-Lewis, S. (2012) Fiscal sustainability in a new Keynesian model - additional appendix. (Unpublished)

Leith, C., and Wren-Lewis, S. (2011) Discretionary policy in a monetary union with sovereign debt. European Economic Review, 55(1), pp. 93-117. (doi:10.1016/j.euroecorev.2010.11.007)

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2009) Monetary and fiscal policy interaction: the current consensus assignment in the light of recent developments. Economic Journal, 119(541), F482-F496. (doi:10.1111/j.1468-0297.2009.02317.x)

Haruyama, T., and Leith, C. (2009) Unemployment and the productivity slowdown: an effciency wage perspective. Japanese Economic Review, 61(3), pp. 301-319. (doi:10.1111/j.1468-5876.2009.00492.x)

Leith, C., and Wren-Lewis, S. (2009) Taylor rules in the open economy. European Economic Review, 53(8), pp. 971-995. (doi:10.1016/j.euroecorev.2009.04.009)

Leith, C., and Wren-Lewis, S. (2008) Interactions between monetary and fiscal policy under flexible exchange rates. Journal of Economic Dynamics and Control, 32(9), pp. 2854-2882. (doi:10.1016/j.jedc.2007.11.005)

Leith, C., and von Thadden, L. (2008) Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers. Journal of Economic Theory, 140(1), pp. 279-313. (doi:10.1016/j.jet.2007.07.005)

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2007) Optimal debt policy, and an institutional proposal to help in its implementation. Euoropean Economy Economics Papers, 275, pp. 269-296.

Leith, C., and Malley, J. (2007) Estimated open economy New Keynesian Phillips curves for the G7. Open Economies Review, 18, pp. 405-426. (doi:10.1007/s11079-007-9008-x)

Leith, C., and Malley, J. (2007) A sectoral analysis of price-setting behavior in US manufacturing industries. Review of Economics and Statistics, 89, pp. 335-342. (doi:10.1162/rest.89.2.335)

Andrés, J., Doménech, R., and Leith, C. (2006) Fiscal policy, macroeconomic stability and finite horizons. Scottish Journal of Political Economy, 53(1), pp. 72-89. (doi:10.1111/j.1467-9485.2005.00371.x)

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2006) Should central banks target consumer prices or the exchange rate? Economic Journal, 116(512), F208-F231. (doi:10.1111/j.1468-0297.2006.01097.x)

Leith, C., and Wren-Lewis, S. (2006) Compatibility between monetary and fiscal policy under EMU. European Economic Review, 50, pp. 1529-1556. (doi:10.1016/j.euroecorev.2005.04.003)

Leith, C., and Malley, J. (2005) Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe. European Economic Review, 49, pp. 2137-2159. (doi:10.1016/j.euroecorev.2004.09.010)

Leith, C., and Wren-Lewis, S. (2005) Fiscal stabilization policy and fiscal institutions. Oxford Review of Economic Policy, 21(4), pp. 584-597. (doi:10.1093/oxrep/gri033)

Leith, C. (2004) Comments on “Monetary and fiscal interactions in open economies". Journal of Macroeconomics, 26(2), pp. 349-352. (doi:10.1016/j.jmacro.2003.11.008)

Leith, C., Warren, P., and Wren-Lewis, S. (2003) Fiscal policy, interest rate shocks and prices. Economic Modelling, 20, pp. 361-382.

Leith, C., and Wren-Lewis, S. (2001) Interest rate feedback rules in an open economy with forward looking inflation. Oxford Bulletin of Economics and Statistics, 63, pp. 209-231.

Leith, C., and Wren-Lewis, S. (2000) Interactions between monetary and fiscal policy rules. Economic Journal, 110(462), pp. 93-108. (doi:10.1111/1468-0297.00523)

Book Sections

Kirsanova, T., Leith, C., and Wren-Lewis, S. (2006) Optimal debt policy. In: Ayuso-i-Casals, J., Deroose, S., Flores, E. and Moulin, L. (eds.) The Role of Fiscal Rules and Institutions in Shaping Budgetary Outcomes. Series: Economic Papers (275). European Commission Directorate General for Economic and Financial Affairs: Brussels, pp. 269-296. ISBN 9789279046285

Research Reports or Papers

Leeper, E. M., and Leith, C. (2016) Understanding Inflation as a Joint Monetary-Fiscal Phenomenon. Working Paper. National Bureau of Economic Research, Cambridge, Massachusetts.

Bi, H., Leeper, E.M., and Leith, C.B. (2012) Uncertain fiscal consolidations. Working Paper. National Bureau of Economic Research.

Leith, C., and Wren-Lewis, S. (2009) Electoral uncertainty, the deficit bias and the electoral cycle in a New Keynesian economy. Discussion Paper. Oxford University Press.

This list was generated on Mon Jun 27 13:19:01 2016 BST.