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I am a Research and Policy Advisor at the Bank of England, working in the Bank's Monetary Policy Outlook 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 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:

• [April 2024]  New working paper: "Controls, Not Shocks: Estimating Dynamic Causal Effects in Macroeconomics" with Ed Manuel

• [January 2024] Updated working paper: "Capital Controls and Trade Policy" with Emile Marin

• [January 2024] Updated working paper: "Granular Banking Flows and Exchange-Rate Dynamics" with Balduin Bippus and Daniel Ostry

• [November 2023] New ESRB working paper: "The Transmission of Macroprudential Policy in the Tails: Evidence from a Narrative Approach" with Álvaro Fernández-Gallardo and Ed Manuel

• [October 2023] New CEPR Discussion Paper: "Global Value Chains and International Risk Sharing" with Giancarlo Corsetti, Lucio D'Aguanno, Aydan Dogan and Rana Sajedi

• [September 2023] Updated working paper: "Aggregation Across Each Nation: Trade and Macroeconomic Dynamics" with Noëmie Lisack and Rana Sajedi

• [September 2023]  Updated working paper: "Negative Rates, Monetary Policy Transmission and Cross-Border Lending via International Financial Centers" 

• [August 2023] Updated working paper: "Financial Services Trade Restrictions and Lending from an International Financial Centre" with Dennis Reinhardt and Rhiannon Sowerbutts

• [July 2023] New working paper: "U.S. Risk and Treasury Convenience" with Giancarlo Corsetti, Emile Marin and Daniel Ostry