Dr Jonathan Perraton
Department of Economics
Senior Lecturer in Economics


+44 114 222 3408
Full contact details
Department of Economics
Room 533
9 Mappin Street
Sheffield
S1 4DT
- Profile
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Jonathan graduated from the University of Cambridge in 1985 and obtained a PhD in Economics from the University of Nottingham in 1993. He was then an Economics Research Officer at the Open University on the Globalisation and the Advanced Industrial State project from 1993 to 1995.
He was appointed as Baring Fellow in Political Economy at the University of Sheffield in 1995 and then as a Lecturer in Economics since 1999. He was promoted to Senior Lecturer in 2006. He is an Associate Fellow of the Sheffield Political Economy Research Institute (SPERI) and a, a member of the College of Reviewers for the Canada Research Chairs Program.
Previously he was also past convenor of the Post-Keynesian Economics Study Group and Deputy Director of the Political Economy Research Centre at the University of Sheffield.
- Research interests
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Jonathan´s research interests lie in the areas of international macroeconomics, political economy and methodology. His research has focused on processes of economic globalisation and their policy consequences, and how these effects are mediated through different national institutional arrangements.
He has also worked on trade and growth relationships. He is undertaking work on longer term factors in relation to the Great Recession and their impact on investment and employment. Recent work has also focused on evaluating progress in various sub-disciplines of economics.
Jonathan is interested in supervising PhD students in economic globalisation, international trade, and economic methodology.
- Publications
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Journal articles
- Fiscal and monetary policies: the cutting edge of advocacy and research on population health and climate change. Perspectives in Public Health, 141(6), 325-327. View this article in WRRO
- Social Corporatism and Capital Accumulation: The Fate of the Nordic Model. Intereconomics, 53(4), 196-201. View this article in WRRO
- Paying Our Way in the World? Visible and Invisible Dangers of Brexit. New Political Economy, 24(2), 272-285. View this article in WRRO
- Globalization, 139-144.
- The scope and implications of globalisation, 60-86.
- Explaining growth? The case of the trade-growth relationship. Journal of Economic Methodology, 18(3), 283-296.
- Changes in developed countries' economic systems since the 1980s: Implications for developing countries. Economy and Society, 38(1), 177-201.
- What does tacit knowledge actually explain?. Journal of Economic Methodology, 14(3), 353-370.
- Evaluating Marxian contributions to development economics. Journal of Economic Methodology, 14(1), 27-46.
- Worlds apart: Measuring international and global inequality. New Political Economy, 11(1), 151-153.
- Heavy constraints on a "Weightless world"? Resources and the new economy. American Journal of Economics and Sociology, 65(3), 641-691.
- Joseph stiglitz's, globalization and its discontents. Journal of International Development, 16(6), 897-905.
- Balance of payments constrained growth and developing countries: An examination of Thirlwall's hypothesis. International Review of Applied Economics, 17(1), 1-22.
- The global economy - myths and realities. CAMBRIDGE JOURNAL OF ECONOMICS, 25(5), 669-684.
- Globalization. GLOBAL GOVERNANCE, 5(4), 483-496.
- Estimates of industrial country export and import demand functions: Implications for 'Thirlwall's Law'. Applied Economics Letters, 6(11), 723-727.
- Economic globalization and the nation-state: Shifting balances of power. Alternatives, 22(3), 269-285.
- The globalisation of economic activity. New Political Economy, 2(2), 257-277.
- Fiscal and monetary policies: the cutting edge of advocacy and research on population health and climate change. Perspectives in Public Health, 141(6), 325-327. View this article in WRRO
- Teaching activities
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Currently I teach modules in the area of international macroeconomics at both undergraduate and postgraduate levels. Over recent decades countries have become significantly more integrated with each other as international trade, financial and capital flows have grown.
With the rise of China, India and other emerging economies, global patterns of production and trade have been transformed. My teaching emphasises how the traditional concerns of macroeconomics – levels of output, employment and inflation; the distribution of income; economic growth– have come to be shaped by global factors and not just national ones.
The context in which policy makers operate has changed profoundly as a result of these factors affecting the efficacy of the policy instruments at their disposal. Often these developments generate passionate debates as they have important implications for economic welfare and latterly have been associated with a series of international crises.
My teaching aims to show that recent economic models can go a long way in helping us to understand these developments. I emphasise that there are often active debates amongst economists on these developments and there is rarely a consensus settled on the key questions. This provides opportunities for students to pursue their own independent research on these questions.
- ECN218 Applied Macroeconomics
- ECN353 International Economy