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“MacCaLM is a research project bringing together a group of leading economists to re-examine macroeconomic theory, with a focus on malfunctions in labour and financial markets and their role in macroeconomic failure."

Upcoming Seminars


Recent MacCaLM News


First MacCaLM Visiting Fellow

MacCaLM welcomes its first Visiting Fellow, Olga Gorbachev of the University of Delaware , in June 2016

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MacCaLM PhD Studentships

We’re delighted to announce that we have four fully-funded PhD studentships available in the area of credit and labour market foundations of the macroeconomy commencing in Autumn 2016.

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Project Officially Named

  Although its official title is Credit and Labour Market Foundations of the Macroeconomy the project shortname selected is MacCaLM.

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Recent and Upcoming Events


MacCaLM Annual Conference

Annual conference of the MacCaLM project was held in Edinburgh on 21 June, 2016.

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Joint CCBS-MacCaLM Research Forum on Macro-Finance

The theme of this joint 2 day workshop with the Bank of England’s Centre for Central Banking Studies, will be the interaction between financial markets and the wider economy.

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MacCaLM and the University of Edinburgh to host SED 2017

The MacCaLM Project and the University of Edinburgh are delighted to be hosting the Annual Conference of the Society for Economic Dynamics in June 2017.

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Past Seminars

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Seminars today from Matthew Shapiro @UMich and Olga Gorbachev @UDelaware #credit #macroeconomics

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MacCaLM Seminars week kicks off today in Edinburgh with Nobuhiro Kiyotaki @Princeton and Gabor Pinter @bankofengland #credit #macroeconomics