![Wojtek Paczos PhD (Econ)](https://profiles-cardiff.imgix.net/attachments/1376?w=200&h=200&auto=format&crop=faces&fit=crop&q=90")
Dr Wojtek Paczos
PhD (Econ)
Senior Lecturer in Economics
- PaczosW@cardiff.ac.uk
- +44 29208 75732
- Aberconway Building, Room D18, Colum Road, Cathays, Cardiff, CF10 3EU
- Available for postgraduate supervision
Overview
My name is Wojtek and I am a macroeconomist. I publish academic research, teach students, advise policymakers, and contribute to the public debate.
Publication
2024
- Froemel, M. and Paczos, W. 2024. Imperfect financial markets and the cyclicality of social spending. European Economic Review 167, article number: 104786. (10.1016/j.euroecorev.2024.104786)
2023
- Paczos, W., Sawulski, J. and Leśniewicz, F. 2023. How much do public and private sectors invest in physical and human capital? Towards a new classification of investments. International Review of Economics and Finance 88, pp. 1324-1336. (10.1016/j.iref.2023.07.010)
- Keyser, A. and Paczos, W. 2023. Sovereign risk, debt composition and exchange rate regimes. Finance Research Letters 58(Part B), article number: 104396. (10.1016/j.frl.2023.104396)
2022
- Paczos, W. and Shakhnov, K. 2022. Defaulting on Covid debt. Journal of International Financial Markets, Institutions and Money 77, article number: 101516. (10.1016/j.intfin.2022.101516)
2020
- Brueckner, M., Paczos, W. and Pappa, E. 2020. On the relationship between domestic saving and the current account: evidence and theory for developing countries. Journal of Money, Credit and Banking 52(5), pp. 1071-1106. (10.1111/jmcb.12658)
- Paczos, W. 2020. Optimal inflation, monetary integration, and asymmetric sticky prices. Oxford Economic Papers 72(3), pp. 710-730. (10.1093/oep/gpaa008)
- Denderski, P. and Paczos, W. 2020. Foreign banks and the bank lending channel. Economic Inquiry 59(1), pp. 478-493. (10.1111/ecin.12942)
Erthyglau
- Froemel, M. and Paczos, W. 2024. Imperfect financial markets and the cyclicality of social spending. European Economic Review 167, article number: 104786. (10.1016/j.euroecorev.2024.104786)
- Paczos, W., Sawulski, J. and Leśniewicz, F. 2023. How much do public and private sectors invest in physical and human capital? Towards a new classification of investments. International Review of Economics and Finance 88, pp. 1324-1336. (10.1016/j.iref.2023.07.010)
- Keyser, A. and Paczos, W. 2023. Sovereign risk, debt composition and exchange rate regimes. Finance Research Letters 58(Part B), article number: 104396. (10.1016/j.frl.2023.104396)
- Paczos, W. and Shakhnov, K. 2022. Defaulting on Covid debt. Journal of International Financial Markets, Institutions and Money 77, article number: 101516. (10.1016/j.intfin.2022.101516)
- Brueckner, M., Paczos, W. and Pappa, E. 2020. On the relationship between domestic saving and the current account: evidence and theory for developing countries. Journal of Money, Credit and Banking 52(5), pp. 1071-1106. (10.1111/jmcb.12658)
- Paczos, W. 2020. Optimal inflation, monetary integration, and asymmetric sticky prices. Oxford Economic Papers 72(3), pp. 710-730. (10.1093/oep/gpaa008)
- Denderski, P. and Paczos, W. 2020. Foreign banks and the bank lending channel. Economic Inquiry 59(1), pp. 478-493. (10.1111/ecin.12942)
Research
Research interests
- Sovereign debt and default
- Monetary policy in open macro
- Financial integration
Teaching
Teaching commitments
- Macroeconomics, 2nd year BSc
- Advanced Numerical Methods, PhD MRes
- Economics of Banking, 3rd year BSc
Additional teaching
Past Teaching:
- International Economics and Finance, MRes,
- International Economics, 3rd year BSc, Arcadia University London Campus
- Intermediate Microeconomics (TA), MRes, Johns Hopkins University SAIS Bologna Center,
- Macroeconomics (TA), PhD, EUI Florence,
- Intermediate Macroeconomics (TA), BSc, Warsaw School of Economics,
Biography
I am a Senior Lecturer at Cardiff University and a member of Institute of Economics of the Polish Academy of Sciences. I hold a Ph.D. from the European University Institute (2016), where my advisors were prof. Árpád Ábrahám and prof. Evi Pappa. My research is in the areas of international economics, monetary and fiscal policies, and banking. My research was published, among others, in Journal of Money Banking and Finance, and Oxford Economic Papers. I regulary present my research in international conferences and invited seminars. I am a visiting researcher in the Bank of England.
I have been teaching Macroeconomics, Microeconomics, Economics of Banking, International Economics, and Numerical Methods to undergraduate, postgraduate, and PhD students in Cardiff, Bristol, Florence, Bologna, London, and Warsaw.
I am a founding member and the president of a think tank “Dobrobyt na Pokolenia” (Prosperity for Generations). During the pandemic I served as an Economic Expert in the Covid-19 Advisory Group to the President of the Polish Academy Of Sciences. I am a member of the “Experts Club” of the Polish daily “Rzeczpospolita” and a member of Concilium Civitas, a society gathering Polish social science professors from the best foreign universities. I advised Polish politicians during 2020 presidential and 2023 general elections.
You can join me on LinkedIn, and follow me on Twitter.
If you find it interesting, don’t forget to cite my research. You will find my research outputs on Scholar, Ideas, and SSRN.
Honours and awards
- Copernicus Medal by the Polish Academy of Sciences for research and advisory work on COVID-19, 2022
- Olga Radzyner Award by Oesterreichische Nationalbank (OeNB) for the best scientific work on European economic integration by young economists for Foreign Banks and the Bank Lending Channel, 2017
- Polish National Bank (NBP) Research Grant, 2014
- European University Institute Ph.D. Scholarship, 2010-14
Professional memberships
- European Economic Association
- Royal Economic Society
- American Economic Association
- Econometric Society
- UK Higher Education Academy
Academic positions
- Since 2021: Senior Lecturer, Cardiff University
- Since 2019: Lecturer (tenured Assistant Professor), Cardiff University,
- Since 2019: Adiunkt (Assistant Professor), Institute of Economics, Polish Academy of Sciences,
- 2018-2020: Visiting Academic, Bank of England
- 2015-2019: Lecturer in Economics (on probabtion), Cardiff University
Committees and reviewing
- Journal Reviewer: B.E. Journal of Macroeconomics, Bulletin of Economic Research, European Economic Review, International Economics, International Review of Economics and Finance, Journal of Applied Econometrics, Journal of International Financial Markets Institutions and Money, Macroeconomic Dynamics, Mancherster School, Open Economies Review, Review of International Economics, Scandinavian Journal of Economics, Journal of Macroeconomics
- Member of the Covid-19 Advisory Group to the President of the Polish Academy of Sciences
- Member of Concilium Civitas: a society of Polish social scientists in foreign universities
- Founder of "Prosperity for Generations": an economic think tank
- Member of the Shadow Management Board, Cardiff Business School
- Member of the Research Committee, Cardiff Business School
- Survey of Polish Economists: Member of the Questions Panel
Research themes
Specialisms
- Macroeconomics
- Monetary Policy
- Fiscal Policy
- Sovereign Debt
- European Union
