Staff Biography

Biography:

Current Areas of Research:

Education:

• PhD in Economics, University of Cambridge, 2002-2007
• MPhil in Economics, University of Cambridge, 2001-2002

Awards:

• Economic and Social Research Council (ESRC), Principal Investigator, Grant RES-000-22-3112, £101,480, “International Trade Integration: New Methods and New Data” 2008-2010, Co-Investigators: David Jacks (Simon Fraser University) and Christopher Meissner (UC Davis)
• Winner, University Public Engagement Award 2014, for “The House of Lords and the Transatlantic Trade and Investment Partnership (TTIP)”, Faculty of Social Sciences, University of Warwick, July 2014

Affiliations/Professional activities with other institutions:

• Centre for Economic Policy Research (CEPR) - Research Fellow
• CESifo Institute, Munich (Global Economy) - Research Fellow
• Centre for International Macroeconomics and Finance (CIMF), University of Cambridge - Affiliate Member

Selected Publications:

• "Trade Costs, 1870-2000." American Economic Review 98(2), Papers & Proceedings, May 2008, pp. 529-534 (with David Jacks and Chris Meissner).
  
  
• "Trade Booms, Trade Busts, and Trade Costs." Journal of International Economics 83(2), March 2011, pp. 185-201 (with David Jacks and Chris Meissner).
  
  
• "International Trade without CES: Estimating Translog Gravity." Journal of International Economics 89(2), March 2013, pp. 271-282.
  
  

CEP Publications

CEP Discussion Paper
The Economic Effects of Brexit - Evidence From the Stock Market Holger Breinlich, Elsa Leromain, Dennis Novy, Thomas Sampson and Ahmed Usman
September 2018
Paper No' CEPDP1570:
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JEL Classification: F15; F23; G14

Tags: brexit; depreciation; event study; recession; stock market; tariffs

CEP Discussion Paper
Market Potential and Global Growth over the Long Twentieth Century David S. Jacks and Dennis Novy
July 2018
Paper No' CEPDP1560:
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JEL Classification: F1; N7

Tags: economic geography; market potential; structural gravity; trade costs

CEP Discussion Paper
Currency Unions, Trade and Heterogeneity Natalie Chen and Dennis Novy
June 2018
Paper No' CEPDP1550:
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JEL Classification: F14; F15; F33

Tags: currency unions; euro; gravity; heterogeneity; trade costs; trade elasticity; translog

CEP BREXIT Analysis
The Brexit Vote, Inflation and UK Living Standards Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson
November 2017
Paper No' CEPBREXIT11:
Read Abstract | Press Release | Full Paper
| Technical Paper

Tags: brexit; economic uncertainty; trade; eu; inflation; uk living standards

CEP Discussion Paper
Who Voted for Brexit? A Comprehensive District-Level Analysis Sascha O. Becker, Thiemo Fetzer and Dennis Novy
April 2017
Paper No' CEPDP1480:
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JEL Classification: D72; N44; R23; Z13

Tags: political economy; voting; referendum; migration; austerity

CEP Discussion Paper
Estimating Border Effects: The Impact of Spatial Aggregation Cletus C. Coughlin and Dennis Novy
May 2016
Paper No' CEPDP1429:
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JEL Classification: F10; F15; R12

Tags: gravity; geography; borders; trade costs; heterogeneity; home bias; spatial attenuation; modifiable areal unit problem (maup)

CentrePiece Article
TTIP: is free trade coming to the North Atlantic? Dennis Novy
January 2015
Paper No' CEPCP437:
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CentrePiece 19 (3) Winter 2015

Tags: transatlantic trade; globalisation; free trade; europe; usa

CEP Discussion Paper
Trade and Uncertainty Dennis Novy and Alan M. Taylor
May 2014
Paper No' CEPDP1266:
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JEL Classification: E3; F1

Tags: uncertainty shock; trade collapse; inventory; real options; imports; intermediates

CEP Discussion Paper
On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations Natalie Chen and Dennis Novy
September 2012
Paper No' CEPDP1164:
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JEL Classification: F10; F15

Tags: trade costs; nontariff measures; product standards; technical regulations; technical barriers to trade; measurement; gravity

CEP Discussion Paper
Is the International Border Effect Larger than the Domestic Border Effect? Evidence from U.S. Trade Cletus C. Coughlin and Dennis Novy
September 2012
Paper No' CEPDP1162:
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JEL Classification: F10; F15

Tags: international border; intranational home bias; domestic border; gravity; trade costs; distance

CEP Discussion Paper
Gravity Redux: Measuring International Trade Costs with Panel Data Dennis Novy
January 2012
Paper No' CEPDP1114:
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JEL Classification: F10; F15

Tags: trade costs; gravity; multilateral resistance; ricardian trade; heterogeneous firms

CEP Discussion Paper
International Trade Without CES: Estimating Translog Gravity Dennis Novy
December 2010
Paper No' CEPDP1031:
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JEL Classification: F11; F12; F15

Tags: translog; gravity; trade costs; distance; trade cost elasticity

CEP Discussion Paper
International Trade Integration: A Disaggregated Approach Natalie Chen and Dennis Novy
January 2009
Paper No' CEPDP0908:
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JEL Classification: F10; F15

Tags: trade integration; gravity; trade costs; multilateral resistance; industries; disaggregation; european union