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Guest Lecture: Prof Richard Kneller

Page updated 11 May 2011

Presentation material from Prof Richard Kneller, presented at the Treasury on 10 May 2011

Prof Richard Kneller

Abstract

It is anticipated that the world's economies will be faced with severe macroeconomic challenges over the next decade. The global financial crisis and the resulting global recession led to the closure of many firms, rising unemployment and high levels of public debt in most developed countries. Despite the end of the recession, fears for the future growth of demand remain. The need to reduce public sector deficits, built up partly as an initial response to the crisis, through increases in taxation and reductions in government expenditure have led some to predict that growth will remain low, and unemployment high, for many years to come. Against this macroeconomic backdrop, entrepreneurs and entrepreneurship have been identified as a potentially important factor needed to drive future growth and employment in many countries. Yet, an open question is whether the current fiscal austerity measures might themselves undermine the conditions for entrepreneurship. In this work we aim to contribute to this question by considering the effect of tax policy on entrepreneurship dynamics for a sample of OECD countries.

Bio

Richard joined the School of Economics at the University of Nottingham as a Research Fellow in 2001. He became an Associate Professor in 2007 and was promoted to the position of Professor of Economics this year. His research has been focused on the areas on international trade and economic growth. In the area of international trade he has sought to understand questions about different firm strategies towards exporting, importing and FDI and the consequences of those decisions on the performance of firms. His work on fiscal policy has largely been interested in its relationship with economic growth and firm behaviour.

Where: Level 5, The Treasury, 1 The Terrace

When: 1:30 p.m. - 3:00 p.m. Tuesday 10 May 2011

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