Accessibility statement

Professor Neil Rankin



  • MA(Oxford)
  • DPhil(Oxford)

Departmental roles

  • Member of UG Exceptional Circumstances Committee



Research interests

Macroeconomic and monetary theory, including open-economy issues. More specifically: dynamic general equilibrium models with imperfect competition and nominal rigidities, including staggered prices or wages; overlapping-generations models; macroeconomic policy questions.


Selected publications

Full details of publications can be found at RePEc

"Fiscal Deficits as a Source of Boom and Bust under a Common Currency" (with Giovanni Ganelli), Journal of International Money and Finance (2020), in press, available online

"Maximum Sustainable Government Debt in the Perpetual Youth Model", Bulletin of Economic Research 66(3) (2014), 217-230

"The Effectiveness of Government Debt for Demand Management: Sensitivity to Monetary Policy Rules" (with Guido Ascari), Journal of Economic Dynamics and Control 37(8) (2013), 1544-1566

"A Further Contribution towards Explaining Why Disinflation through Currency Pegging May Cause a Boom" (with John Fender), Journal of International Money and Finance 30(3) (2011), 516-536.

"Output Persistence from Monetary Shocks with Staggered Prices or Wages under a Taylor Rule" (with Sebastiano Daros), Economics Letters 105(2) (2009), 148-151.

“Perpetual Youth and Endogenous Labour Supply: A Problem and a Possible Solution” (with Guido Ascari), Journal of Macroeconomics 29(4) (2007), 708-723.

“Optimal Monetary Policy When Lump-Sum Taxes Are Unavailable: A Reconsideration of the Outcomes Under Commitment and Discretion” (with Martin Ellison), Journal of Economic Dynamics and Control, 31(1) (2007), 219-243.

“A Small Open Economy with Staggered Wage Setting and Intertemporal Optimisation: The Basic Analytics” (with John Fender), The Manchester School, 71(4) (2003), 396-416.

“Maximum Sustainable Government Debt in the Overlapping Generations Model” (with Barbara Roffia), The Manchester School, 71(3) (2003), 217-241.

“Staggered Wages and Output Dynamics Under Disinflation” (with Guido Ascari), Journal of Economic Dynamics and Control, 26(4) (2002), 653-680.



Second Year

  • Macroeconomics 2

Third Year

  • Macroeconomics 3


  • Advanced Macroeconomics
  • Macroeconomics for Research

Neil Rankin

Neil Rankin
Department of Economics
Room: A/D/214

Tel: 01904 324567
Personal webpage

Office & feedback hours during term time:

Thursday, 11:00-12:00, sign up via google calendar

Friday, 14:30-15:30, sign up via google calendar

Other times may be availale by email appointment.