Centre for Macroeconomics


The Centre For Macroeconomics is a research centre in London dedicated to investigation and development of new methodologies and research in order to inform economic policy decisions. It also focuses on ways to alleviate the effects of the global economic crisis through careful study of it. CFM is funded by the Economic and Social Research Council, and was founded in 2012

Research Programmes

Chaired by LSE’s Christopher Pissarides, the Centre comprises economists from University of Cambridge, London School of Economics, University College London, the Bank of England and the National Institute of Economic and Social Research.
The Centre is co-directed by Wouter den Haan, Professor of Economics at LSE, and Morten O. Ravn, Professor of Economics at UCL.
The Centre's main research activities are divided into five different areas:
  1. Developing new methodologies
  2. Consequences of fiscal austerity plans and high debt levels
  3. Interaction between financial markets, monetary policy, and the macro economy
  4. Shifts in the world economy
  5. Labour markets, unemployment levels and long term prospects
Research is disseminated through events, workshops, seminars and published materials – in particular, through a discussion paper series on RePEc, and a public lecture programme at LSE.

CFM Survey

Launched in 2014, the monthly CFM Survey questions a panel of UK-based economists on macroeconomic and public policy in both the UK and international economies, and highlights the degree of consensus among these experts. The survey aims to give a comprehensive overview of the beliefs held by economists, in particular "to include the views of those economists whose opinions are not frequently heard in public debates".