I research in two areas: macroeconomics and public economics. On the macroeconomics side my main focus is on unemployment and inflation in open economies and, in particular, the relationship between these variables in the short, medium and long runs. A key concept I use is that of hysteresis which links short-run and long-run economic performance.
My research in public economics explores equity-efficiency trade-offs in a number of settings (for example, school choice and queuing for health care). I am also working on an ambitious project to provide an account of the ways in which economists have, over the past 230 years, explained sources of inequality and proposed policies to make societies less unequal. Here my research draws not only on economics but also on political philosophy and political science.
Contact Dr O'Shaughnessy:
- Tel. 01865 274863