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Overview
Lucy Barros is a Lecturer in Economics at Cardiff Business School specialising in applied macroeconomics. Within this field she has looked at the effects of macroeconomic policies on entrepreneurship, output and inequality. Current work focuses on how the banking system transmits these effects.
Work in progress on gender-based financial frictions considers whether higher borrowing restrictions for female entrepreneurs affect the impact of macroeconomic policies on the wider economy. Another current project looks at how geopolitical risk modifies the effectiveness of the bank lending channel for monetary policy in Turkey.
Recent published research considers how the central-to-local government redistribution system impacts aggregate productivity growth and regional inequality in China. A regional DSGE model is estimated and used to quantify the effects of fiscal system reforms. This work was done as part of an international project on the Chinese economy funded by the ESRC Newton Fund and NSFC. It was presented at the 2023 AEA Annual Meeting in New Orleans.
For a full list of publications, see Lucy's ORCiD page.
Publication
2024
- Yang, X., Barros, L., Matthews, K. and Meenagh, D. 2024. The dynamics of redistribution, inequality and growth across China's regions. Journal of Policy Modeling 46(3), pp. 613-637. (10.1016/j.jpolmod.2024.01.011)
- Rudkin, S., Barros, L., Dlotko, P. and Qiu, W. 2024. An economic topology of the Brexit vote. Regional Studies 58(3), pp. 601-618. (10.1080/00343404.2023.2204123)
2020
- Luintel, K., Matthews, K., Minford, L., Valentinyi, A. and Wang, B. 2020. The role of provincial government spending composition in growth and convergence in China. Economic Modelling 90, pp. 117-134. (10.1016/j.econmod.2020.04.024)
- Minford, L. and Meenagh, D. 2020. Supply-side policy and economic growth: A case study of the UK. Open Economies Review 31, pp. -. (10.1007/s11079-019-09536-8)
2019
- Minford, L. and Meenagh, D. 2019. Testing a model of UK growth: a role for R&D subsidies. Economic Modelling 82, pp. 152-167. (10.1016/j.econmod.2019.01.002)
2015
- Minford, L. 2015. The macroeconomic effects of UK tax, regulation and R&D subsidies: testing endogenous growth hypotheses in an open economy DSGE Model. PhD Thesis, Cardiff University.
Articles
- Yang, X., Barros, L., Matthews, K. and Meenagh, D. 2024. The dynamics of redistribution, inequality and growth across China's regions. Journal of Policy Modeling 46(3), pp. 613-637. (10.1016/j.jpolmod.2024.01.011)
- Rudkin, S., Barros, L., Dlotko, P. and Qiu, W. 2024. An economic topology of the Brexit vote. Regional Studies 58(3), pp. 601-618. (10.1080/00343404.2023.2204123)
- Luintel, K., Matthews, K., Minford, L., Valentinyi, A. and Wang, B. 2020. The role of provincial government spending composition in growth and convergence in China. Economic Modelling 90, pp. 117-134. (10.1016/j.econmod.2020.04.024)
- Minford, L. and Meenagh, D. 2020. Supply-side policy and economic growth: A case study of the UK. Open Economies Review 31, pp. -. (10.1007/s11079-019-09536-8)
- Minford, L. and Meenagh, D. 2019. Testing a model of UK growth: a role for R&D subsidies. Economic Modelling 82, pp. 152-167. (10.1016/j.econmod.2019.01.002)
Thesis
- Minford, L. 2015. The macroeconomic effects of UK tax, regulation and R&D subsidies: testing endogenous growth hypotheses in an open economy DSGE Model. PhD Thesis, Cardiff University.
Research
Research interests:
- Macroeconomics
- Banking and the transmission of macroeconomic policy to the real economy
- Gender-based financial frictions
- Innovation-driven productivity growth and entrepreneurship
- Inequality
- Political economy
Teaching
An experienced lecturer in macroeconomics, Lucy's current teaching focus is the macroeconomics of banking.
Biography
Lucy has a BA from Oxford University and holds a PhD in Economics from Cardiff University funded by an ESRC Open Competition Award. She was a post-doctoral research fellow at Cardiff University before moving to Swansea University as Lecturer in 2017. She rejoined Cardiff Economics Section in 2024. She is a fellow of the Higher Education Academy and holds a PGCert in Higher Education.
Contact Details
Research themes
Specialisms
- Macroeconomics