Newcastle University Business School

Economics: People, Markets & Firms

Economics: People, Markets and Firms


We are an interdisciplinary research community with a focus on conducting research on different topics in economics and finance.

Key themes

Labour, Health and Education Economics

We work primarily in empirical and theoretical microeconomics. Our research areas include links between the labour market and other outcomes such as marriage or political attitudes, search theory, discrimination, and inequality in the labour market and beyond.  

Spatial, Urban, Regional, International and Industrial Economics

We focus our research on the behaviour of households, firms, and local governments, often with a spatial dimension. Current research includes work on firm strategy and market structure, economic integration, the location of foreign direct investment, innovation and R&D, urban structures and spatial spill-overs, the housing market, the airline industry, and online markets.

Behavioural and Experimental Economics

Research within this theme is led by the Behavioural and Experimental Northeast Cluster (BENC), a joint initiative between Newcastle University Business School and Durham University Business School.

BENC is a research cluster that promotes and facilitates experimental and behavioural research.

Finance, Financial Economics and Financial Econometrics

This theme encompasses a range of applied and theoretical subtopics including:

  • Bank regulation and financial stability
  • Econometric techniques for detecting asset price bubbles
  • Modelling financial markets and contagion effects
  • Modelling and forecasting asset price volatility

Previous research undertaken has direct practical relevance for financial institutions such as investment banks and central banks, and for the wider economy.

Applied Time Series Econometrics

Research within this theme focuses on developing improved econometric methods for modelling and forecasting economic time series.

Projects undertaken typically involve a theoretical contribution as well as a simulation analysis of the proposed methodology and an empirical application.

Current research interests include:

  • Bayesian modelling
  • Big data analytics
  • Forecast evaluation techniques
  • Modelling commodity prices
  • Nonparametric modelling
  • Unit root and stationarity testing
  • Spurious regression
  • Testing for nonlinearity in economic time series

Previous research undertaken has relevance for international organisations such as UN agencies.

Macroeconomics, Policies and Institutions in Open Economic Systems

Our members research all areas of macroeconomics and, in particular:

  • Macroeconomic modelling
  • Applied macroeconomics
  • Applied macroeconometrics
  • Modelling of microeconomic behaviour with macroeconomic implications
  • The origin and functioning of national and international institutions
  • The sources of economic fluctuations and the deep roots of growth and development
  • The development of national strategies for growth
  • The design and implementation of fiscal and monetary policies in the economy and an interconnected world
  • The development and functioning of the global economy
  • The process of (dis)integration of countries and regions in the international economy

Through our research we aim to connect with national and international policymakers to inform the research agenda and develop research with impact.

We contribute to the Business School mission by promoting research that can help to understand the future of work in globally connected economies and inform the decision-making process of private and public leaders.


Subject Group Head

Research and Impact Lead

Research and Impact Lead

Research Community Lead

Professor John Sessions
Professor of Economics - The Sir David Dale Chair

Telephone: +44(0) 1912 081843

Community Members

T&R Members

Dr Robert Anderson
Lecturer in Economics

Telephone: +44 (0) 191 208 1667

Telephone: +44 (0) 191 208 1664

Dr Roberto Bonilla Trejos
Lecturer in Economics

Telephone: +44 (0) 191 208 1675

Professor Nils Braakmann
Professor of Economics

Telephone: +44 (0) 191 208 1669

Professor Susan Chilton
Professor of Economics

Telephone: +44 (0) 191 208 1641

Dr Diemo Dietrich
Chair Board of Studies and Co-lead Research & Impact

Telephone: +44 (0) 191 208 1564

Dr Barbara Eberth
Lecturer in Economics; Senior Tutor in Economics (UG)

Telephone: 01912081609

Dr Anastasios Evgenidis
Lecturer in Economics

Telephone: +44(0)203 752 2320

Professor Giorgio Fazio
Prof of Macroeconomics

Telephone: +44 (0) 191 208 1642

Professor Atanu Ghoshray
Professor of Economics

Telephone: +44 (0)191 2081654

Dr Jonathan Jones
Lecturer - Economics

Telephone: +44 (0) 191 208 1550

Dr Francis Kiraly
Lecturer in Economics

Telephone: +44 (0) 191 208 1670

Dr Sara Maioli
Senior Lecturer in Economics and Director of Post-Graduate Research

Telephone: +44 (0) 191 208 1665

Dr Jytte Seested Nielsen
Reader in Economics

Telephone: +44 (0) 191 208 1672

Dr Melanie Parravano Baro
Lecturer in Economics

Telephone: +44 (0) 191 208 1509

Dr Smriti Sharma
Lecturer in Economics and Research Community Lead for Economics


Dr Grega Smrkolj
Lecturer in Economics

Telephone: +44 (0) 191 208 1698

Dr Wessel Vermeulen
Lecturer in Macroeconomics

Telephone: +44 (0) 191 2081691

Professor Colin Wren
Professor of Applied Microeconomics

Telephone: +44 (0) 191 208 1644

T&S Members

Dr Salvatore Di Novo
Research Associate

Telephone: +44(0)1912082488

Dr Xueqi Dong
Lecturer in Economics


Dr Marco Lorusso
Lecturer in Economics

Telephone: +44(0)191 208 1676

Dr Roxana Radulescu
DPD - Combined and Joint Honours Programmes in the Business School

Telephone: +44 (0) 191 208 1552

Dr Riikka Savolainen
Lecturer in Economics

Professor Robert Sollis
Professor of Financial Economics

Telephone: 0191 208 1639

Dr Sze Nie Ung
Lecturer in Economics


Dr Till Weber
Lecturer in Economics

Telephone: +44 (0) 191 208 82470

PhD Students


  • Natasha Auch (registered in AFRD)
  • Morgan Beeson
  • Elena Benedetti (registered in AFRD)
  • Kerry Bray
  • Min Deng
  • Martin Enilov
  • Eduardo Gonzalo
  • Erin Graybill
  • Saule Kemelbayeva
  • Scott Kirkman
  • Ana Noveria
  • Rafiz Ramli
  • Yacoub Sleibi
  • Putu Sudiana
  • Neha Tengur
  • Sze Nie (Janys) Ung
  • Joe Willoughby (registered in ECLS)
  • Nichola Williams
  • Nazila Wilson
  • Yunwei Xiao
  • Ge Yu
  • Yichen Zhu


  • Abu Jafar Bilal
  • Sheikhani Murtaza Mohsin