University of Surrey(USU)

The University of Surrey is a global university with a world-class research profile that hosts a School of Economics with a strong international reputation for research in key areas of economics including macroeconomics, regulation, game theory, energy and econometrics. Many members are active as economic advisors to governmental and prestigious international organisations including the IMF, the European Central Bank, the Bank of England and HM Treasury. The Centre for International Macroeconomic Studies (CIMS) led by Professor Paul Levine grew out of a very active macroeconomics group in the School over a number of years. Its current research focuses on closed and open-economy macro-modelling in both developed and emerging economies, using a Dynamic Stochastic General Equilibrium (DSGE) approach in order to explore a range of monetary, fiscal and banking regulation policy issues. CIMS also runs regular short course on DSGE modelling.

Main tasks in the project

Surrey will contribute to WP5 and WP8.

More information


Key researchers and other contacts

Team leader

  • Professor Paul Levine received a PhD in Mathematics from the University of Manchester and an MSc in Economics at Queen Mary College. In 1984 he became a senior research officer at the London Business School and a Professor of Economics at the University of Leicester in 1989. In 1994 he moved to the University of Surrey where he now leads the Centre for International Macroeconomic Studies.


  • Tom Holden received his undergraduate degree in Mathematics and Philosophy from the University of Oxford in 2005. He went on to study Economics there at post-graduate level from 2006, receiving his MPhil in 2008 and completing his doctoral thesis in 2011. He joined the University of Surrey as a full-time lecturer in September 2011.