Dr Juan Paez-Farrell
Department of Economics
Lecturer in Economics
+44 114 222 3417
Full contact details
Department of Economics
9 Mappin Street
Juan graduated from the University of Liverpool in 1994, where he also gained his MA in Economics. He completed his PhD from the University of Cardiff in 2002. He began his academic career in 2001 as lecturer in economics at the University of Hull.
He has held academic posts at the universities of Cardiff and Loughborough and has also taught in Hong Kong and Singapore. Juan joined the University of Sheffield in August 2013.
- Research interests
Juan's research interests are in the areas of macroeconomics and monetary economics, especially business cycles. His recent research focuses on:
- determinants of the sacrifice ratio in the OECD economies
- analysing the behaviour of central banks when setting interest rates
- exploring whether central banks are concerned about exchange rate stabilisation
Juan is interested in supervising PhD students in macroeconomics and monetary economics.
- Commodity price shocks, labour market dynamics and monetary policy in small open economies. Journal of Economic Dynamics and Control, 104654-104654.
- Fiscal policy shocks and international spillovers. European Economic Review, 141. View this article in WRRO
- Resuscitating the ad hoc loss function for monetary policy analysis. Economics Letters, 123(3), 313-317.
- Monetary Policy reaction functions in small open economies: A quantile regression approach. Manchester School, 82(2), 237-256.
- Productivity growth decomposition using a spatial autoregressive frontier model. Economics Letters, 119(3), 291-295.
- What determines the sacrifice ratio? A quantile regression approach. Economics Bulletin, 33(3), 1863-1874.
- Should central bankers discount the future? A note. Economics Letters, 114(1), 20-22.
- Timeless perspective versus discretionary policymaking when the degree of inflation persistence is unknown. Economic Modelling, 28(6), 2432-2438.
- Monetary policy rules in theory and in practice: evidence from the UK and the US. Applied Economics, 41(16), 2037-2046.
- Assessing sticky price models using the Burns and Mitchell approach. Applied Economics, 40(11), 1387-1397.
- Output and inflation in models of the business cycle with nominal rigidities: Further counterfactual implications. Scottish Journal of Political Economy, 54(4), 475-491.
- Understanding monetary policy in Central European countries using Taylor-type rules: The case of the Visegrad four. Economics Bulletin, 5(3).
- Financial crises. And what to do about them.. JOURNAL OF DEVELOPMENT STUDIES, 39(3), 212-213.
- The impact of EMU on Europe and the developing countries.. JOURNAL OF DEVELOPMENT STUDIES, 38(3), 173-175.
- Teaching activities
Juan currently teaches ECN202 Macroeconomic Principles, ECN324 Monetary Economics and ECN6660 Monetary Economics. Monetary economics studies the relationships between real economic variables (such as GDP and unemployment) and nominal variables (such as inflation and nominal interest rates).
His teaching covers both theory and applications, focusing on insights from the latest economics research as well as issues related to monetary policy. To this end, many of the models he uses are based on microeconomic foundations to ensure consistency between macro and microeconomics.
- ECN202 Macroeconomic Principles
- ECN324 Monetary Economics
- ECN6660 Monetary Economics