Professor Huw Dixon

Huw specialises in monetary policy, nominal rigidity, imperfect competition, and bounded rationality


1980-84 –  Nuffield College, PhD Economics
1977-80 – Balliol College, University of Oxford. B.A., P.P.E (Phil/Econ).


2006 – present Professor, Cardiff Business School.
1992- 2006 – Professor, York University.
1991-1992 – Professor, University College Swansea, University of Wales.
1987-1991 – Readership, Essex University.
1984-1987 – Lectureship in economics, Birkbeck College, London.
1983-1984 – Temporary Lecturer, Hertford College, Oxford.

2020- present Fellow, National Institute of Economic and Social Research.
2000- present Research Fellow, Centre for Economic Studies ifo (Munich).
1996-2001 – Member, Council of Royal Economic Society.
1991-2001 – Fellow, Centre for Economic Policy Research (U.K.)




Additional Information


Marta Aloi, Huw Dixon and Anthony Savagar, (2020), “Labour responses, regulation and business churn in a small open economy, Journal of Money Credit and banking 53, 119-156. DOI:  10.1111/jmcb.12694

Huw Dixon, Kul Luintel and Kun Tian (2020): The Impact of the 2008 Crisis on UK Prices: What We Can Learn from the CPI Microdata, Oxford Bulletin of Economics and statistics, 82, 1322-1341. DOI: 10.111/obes.12373

Recent Publications

Huw Dixon, Kul Luintel and Kun Tian, (2020)The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata.  Cardiff Working paper No E2014/7. Forthcoming, Oxford Bulletin of Economics and Statistics.

Huw Dixon and Anthony Savagar (2019) Firm entry, Excess Capacity and Aggregate Productivity, European Economic Review,

Marts Aoi, Huw Dixon and Anthony Savagar, Labor Responses, Regulation, and Business Churn, forthcoming Journal of Money, Credit and Banking.

Huw Dixon (2019), Almost-Maximization as a Behavioral Theory of the Firm: Static, Dynamic and Evolutionary Perspectives, Review of Industrial Economics, Online September 2019.

Huw Dixon and Peng Zhou (2018), The Determinants of Price Rigidity in the UK: Analysis of the CPI and PPI Microdata and Application to Macrodata Modelling, The Manchester School, Online 11 November 2018, 5

Huw Dixon and Kun Tian (2017), What We Can Learn about the Behavior of Firms from the average Monthly Frequency of Price-Changes: An Application to the UK CPI Data, Oxford Bulletin of Economics and Statistics, 79, 6 (2017) 0305–0349.

Dixon, Huw & Pourpourides, Panayiotis M., (2016), “General Equilibrium with monopolistic Firms and Occasionally Binding Cash-in-Advance Constraints,” Journal of Macroeconomics, Volume 50, Pages 72-85.

Keshab Bhattarai and Huw Dixon (2014), Equilibrium Unemployment in a General Equilibrium Model with Taxes, (joint with Keshab Bhattarai ), The Manchester School, 82 (S1), September 2014 pages 90-128.

Paulo Brito, Luís Costa and Huw Dixon (2013), Non-Smooth Dynamics and Multiple Equilibria in a Cournot-Ramsey Model with Endogenous Markups, Journal of Economic Dynamics and Control,  Volume 37, Issue 11, November 2013, Pages 2287–2306.

Paulo Brito and Huw Dixon (2013), Fiscal policy, entry and capital accumulation:  hump-shaped responses, Journal of Economic Dynamics and Control, Volume 37, Pages 2123–2155.

Huw Dixon and Herve le Bihan (2012), Generalized Taylor and Generalized Calvo price and wage-setting: micro evidence with macro implications, Economic Journal, vol. 122, pages 532-554, May (2012).