I am a Research and Policy Advisor at the Bank of England, working in the Bank's Monetary Policy Strategy Division. Previously, I have worked in the Bank's International and Financial Stability Strategy and Risk Directorates. I am also a member of the Centre for Macroeconomics.
I have recently completed a chapter on International macroeconomics with Giancarlo Corsetti and Luca Dedola for Macroeconomics, a comprehensive textbook for first-year Ph.D. courses in macroeconomics.
I completed my Ph.D. in Economics at the University of Cambridge.
This website is intended as a portal for dissemination of my academic research. The views expressed in my research do not necessarily reflect those of the Bank of England.
Research Interests: International Macroeconomics, Monetary Economics and Policy, Macro-Finance; Applied Macroeconomics.
Email: simon.lloyd@bankofengland.co.uk
Updates:
[March 2026] Updated Working Paper: "Granular banking flows and exchange-rate dynamics" with Balduin Bippus and Daniel Ostry
[March 2026] Accepted at Economics Letters: "Tension across the tail: the cross-country effects of geopolitical risk on macroeconomic tail risk" with Julian Reynolds
[January 2026] Updated Working Paper: "Controls, not shocks: estimating dynamic causal effects in macroeconomics" with Ed Manuel
[October 2025] Accepted at Journal of Financial Stability: "Negative rates, monetary policy transmission and cross-border lending via international financial centers" with numerous co-authors
[October 2025] New Bank of England Macro Technical Paper: "Tools for endogenous monetary policy analysis: optimal projections and instrument rules" with numerous co-authors