The Centre for International Governance Innovation (CIGI) and the Institute for New Economic Thinking (INET) and are pleased to announce the awarding of $4 million in research grants to fund 32 different projects aimed at finding solutions for the world’s most pressing economic problems.

“We are pleased that we had the opportunity to consider so many strong proposals in this grant round,” INET Executive Director Rob Johnson said. “These 32 grants span a wide range of economic issues, but they all challenge conventional economic thinking in important ways. They emphasize inductive reasoning to escape the straightjacket of deductive reasoning founded on implausible assumptions. While we are funding exciting new research on the links between financial markets and the rest of the economy, as we have in the past, we are also supporting creative research in sustainable economics for the first time.”
“The daily economic news reminds us constantly of the need for new innovative approaches to address today’s economic challenges – from sovereign debt issues, the need for new growth policies, addressing inequities, ensuring sustainable growth, and many more,” CIGI Executive Director Thomas A. Bernes said. “The CIGI-INET Grant Program provides young scholars an opportunity to bring their energy and talents to bear on these problems and, hopefully, contribute to the identification of new approaches and policies.”

CIGI-funded Fall 2011 grantees include:

Evolution of Beliefs, Volatility of Exchange Rates and Market Experiments
Jasmina Arifovic, Simon Fraser University

 

Financial Globalization and Macroeconomic Policy
Philip Lane, Trinity College-Dublin (co-funded with INET)

 

Greening Economic Growth: How can Environmental Regulation Enhance Innovation and Competitiveness?
Paul Lanoie, HEC Montreal Lifecycle Human Capital Investment

 

Borrowing Constraints and Risk
Lance Lochner, University of Western Ontario

 

State-Contingent Environmental Policy
Ross McKitrick, University of Guelph

 

Voters, Consumers, and Sustainable Energy: An Integrated Behavioral Approach
Nancy Olewiler, Simon Fraser University

 

Green Economic Macro-Model and Accounts (GEMMA)
Peter Victor, York University (pictured) and Tim Jackson, University of Surrey
 

 

INET-funded Fall 2011 grantees include:

  • The Long Run History of Economic Inequality: Income, Wealth and Financial Crisis, Facundo Alvaredo, Conicet-Paris School of Economics
  • Economical and Political Determinants of Policy Responses to Crises, Fabrizio Coricelli, Université Paris 1 Panthéon-Sorbonne
  • Eliciting Maternal Knowledge about the Technology of Skill Formation, Flavio Cunha, University of Pennsylvania
  • Social Econometrics, Steven Durlauf, University of Wisconsin-Madison
  • The Emergence of a Finance Culture in American Households, 1983-2010, Neil Fligstein, University of California-Berkeley
  • Research Project on Sustainability, Distribution, and Stability at the New School for Social Research, Duncan Foley, New School for Social Research
  • A New Tractable Approach for Bounded Rationality in Economics, Xavier Gabaix, New York University
  • Analytical Aspects of Real-Financial Linkages in Systems of Heterogeneous Interacting Agents, Herbert Gintis, Santa Fe Institute
  • Free from What? Evolving Notions of ‘Market Freedom’ in the History and Contemporary Practice of US Antitrust Law and Economics, Nicola Giocoli, University of Pisa
  • A Network-Based Analysis of Financial Markets, Michael Gofman, University of Wisconsin-Madison
  • Heterogeneous Expectations and Financial Crises (HExFiCs), Cars Hommes, University of Amsterdam
  • Extending "Minsky" and Integrating ASFF, Steve Keen, University of Western Sydney
  • Replication in Empirical Economics, Thomas Kneib, University of Goettingen
  • Correlations in Complex Heterogeneous Networks, Imre Kondor, Parmenides Foundation
  • Capital Controls and the International Monetary System, Anton Korinek, University of Maryland
  • Distributional Impacts of Climate Policy: A Comprehensive Approach, Thomas Masterson, Bard College
  • The Southern Homestead Act and Black Economic Mobility, Melinda Miller, U.S. Naval Academy
  • Expanding Ethical Thinking on the Economics of Climate Change, Julie Nelson, University of Massachusetts-Boston
  • The Unpublished Writings of J.M. Keynes – Stage I, Rod O'Donnell, University of Technolog-Sydney
  • Just Growth?: Social Equity and Metropolitan Economic Performance, Manuel Pastor, University of Southern California
  • Sustainable Finance Lab Research Program, Mark Sanders, Utrecht University
  • A Revolution in Economic Theory: The Economics of Sraffa, Ajit Sinha, Indira Gandhi Institute of Development Research
  • Reorienting Fiscal Policy: A Bottom Up Approach, Pavlina Tcherneva, Franklin and Marshall College
  • Financial Institutions: A Study of Real Linkages and Policy Influence, Janine Wedel, George Mason University
  • Geometric Marginalism, Eric Weinstein, Natron Group
  • Scarcity: Historicizing the First Principle of Political Economy, Carl Wennerlind, Barnard College

For more on the CIGI-INET grants program, visit the following links: