This is the homepage for my academic work. I am interested in dynamic stochastic general equilibrium models of the business cycle. These models have been developed to provide a micro-founded answer to the Lucas critique of large-scale econometric models. My recent also work concentrates on the nexus between macroeconomics and finance, as I have considered in several ways to model the term structure of interest rates, the role of money and banking in macro models. and a number of papers examining historical developments in banking and finance.
As a result of my time at the Bank of England and also BNP Paribas I also have strong interests in the operation and function of financial markets and have an interest in understanding the informational herding behaviour of market participants. In Spring 2013, I became Chair of the Money, Macro, Finance Group, which is generously funded by the ESRC and the Bank of England.
An occasional blog can be found at: http://calibrecon.blogspot.com/ , which discusses current issues in macroeconomics and finance in a reasonably intuitive manner for my students mainly.
My Econpapers webpage is at: http://econpapers.repec.org/RAS/pch64.htm , from which most of my current working papers can be downloaded. Please do not hesitate to contact me if you want to discuss aspects of my work or yours.
Professor Jagjit S. Chadha
Chair in Banking and Finance
University of Kent
E:mail: jsc at kent.ac.uk