Pedro Serôdio is a Lecturer in Economics Department.
His research is primarily concerned with questions about the role of short-term fluctuations on long-term growth rates, and he has several working papers on the effect of fluctuations in economic activity on the medium to long-run path of the economy. He is also concerned with the challenges of expanding the scope of monetary policy given the long-term downward trends in interest rates, including the role that the financial system plays in the transmission mechanism for policy.
Portuguese, English, Spanish
My research interests broadly focus on the fundamental question of the link between business cycle fluctuations and the long-run growth rate of the economy. Some specific applications concern the relationship between the business cycle and R&D spending, the impact of banking regulation on the size of fluctuations, or the impact of tax reform on research spending and capital investment.
Serodio, Pedro (2020) Does growth matter for cycles? Working Paper. N/A. (Published online first)
Serodio, Pedro (2020) The opportunity cost hypothesis and the cyclical behaviour of research spending. Working Paper. N/A. (Published online first)
Serodio, Pedro (2020) R&D smoothing: evidence and some theory. Working Paper. Middlesex University Research Repository, London, UK. (Published online first)
Dumitriu, Sam and Serodio, Pedro (2020) Abolishing the factory tax - how to boost investment and level up Britain. Technical Report. Adam Smith Institute, London, UK.
Serodio, Pedro (2014) Three essays on research and development, growth and cycles. PhD thesis, University of Essex.