Professor Jagjit Chadha works on macroeconomics with a particular focus on monetary issues. His interests lie mostly, but not exclusively, with DSGE models in which he works on developing richer financial mechanisms, for example to incorporate money, bank behaviour, inventory and the term structure of interest rates.
He is Chair of the Money, Macro and Finance Research Group and specialist adviser to the Treasury Committee. He has acted as an academic adviser to HM Treasury, the Bank of England and many policy-making institutions around the world.
Jagjit is currently on secondment as Director of the National Institute of Economic and Social Research (NIESR). Situated in Westminster, the Institute provides research, forecasts and advice to government and beyond on a wide range of important economic and social issues.
Jagjit's research interests lie in quantitative business cycle theory and financial economics – his enquiries are guided by the need to understand the causes of business cycle fluctuations. The consequent need to develop appropriate stabilisation policy (or rules) is a supplementary interest.
Jagjit's RePEc page is http://econpapers.repec.org/RAS/pch64.htm