Professor Tim Worrall
Professor of Economics

- School of Economics
- College of Arts, Humanities and Social Sciences
Contact details
- Tel: +44 (0)131 651 5128
- Email: Tim.Worrall@ed.ac.uk
- Web: timworrall.com
- Twitter@timsworrall
Address
- Street
-
Room 2.05
31 Buccleuch Place - City
- Edinburgh
- Post code
- EH8 9JT
Availability
Feedback and Guidance Times:
Please e-mail for an appointment
Background
Educated at Liverpool and Essex Universities and graduated with a PhD in Economics from Liverpool University in 1983. Previously a member of Professor Frank Hahn's ESRC project on Risk, Information and Quantity Signals in Economics at Cambridge University 1983-85 and part of the DFG Sonderforschungsbereich 178 on the Internationalization of the World Economy at Konstanz and Kiel Universities, 1987-1990. Also Assistant Professor at the University of Western Ontario, Reading University and Liverpool University, Professor of Economics at Keele University 1996-2008 and Hallsworth Research Fellow in Political Economy at the University of Manchester, 2008-2011.
CV

Responsibilities & affiliations
Convenor of Honours Examination Board
UoA16 Economics and Econometrics Coordinator
Undergraduate teaching
Introductory Financial Economics
Postgraduate teaching
Asset Pricing (SGPE)
Open to PhD supervision enquiries?
Yes
Areas of interest for supervision
I am available to spervise in the areas of dynamic contract theory, credit and labour markets.
Current PhD students supervised
- Sikandar Soin (Edinburgh), started 2016.
Past PhD students supervised
- Aodi Tang (Economic Model Analyst, Risk Stratergy, HSBC Bank, Edinburgh), graduated Edinburgh University 2018.
- Pongpalin Yingchoncharoen, graduated with MRes in Economics, Edinburgh University 2018.
- Rongyu Wang (Post Doctoral Fellow, Wilfrid Laurier University, Canada), graduated Edinburgh University, 2016.
- Sareh Vosooghi (Stipendary Lecturer, St Edmund Hall, Oxford), graduated Edinburgh University, 2016
- Vasco Filipe de Figueiredo Alves (Lecturer, University of Birmingham), graduated Edinburgh University, 2016.
- Michael King, graduated University of Manchester, 2011.
- Ioannis Lazopoulos (Lecturer in Economics, University of Surrey), graduated Keele University, 2006.
- Alex Dickson (Senior Lecturer in Economics, University of Strathclyde), graduated Keele University, 2005.
- Svetlana Andrianova (Reader in Economics, University of Leicester), graduated London South Bank University, 2001.
Research summary
My principal research interests (with corresponding JEL classification) are: Game Theory and Bargaining Theory (C7) • Market Structure and Pricing (D4) • Information and Uncertainty (D8) • Intertemporal Choice and Growth (D9) • Consumption, Saving, Production, Employment and Investment (E2) • Financial Markets (G1) • Corporate Finance and Governance (G3) • Regulation and Industrial Policy (L5). My main areas of current research are in limited commitment, principal-agent problems and contract theory, risk and uncertainty and network design.
Current research interests
Contract Theory; Risk and Uncertainty; Network Design.-
Optimal Sustainable Intergenerational Insurance
(69 pages)
Research output: › Working paper (Published) -
Currency areas and voluntary transfers
In:
Journal of International Economics, vol. 127
DOI: https://doi.org/10.1016/j.jinteco.2020.103390
Research output: Contribution to Journal › Article (E-pub ahead of print) -
Portfolio sales and signaling
(10 pages)
In:
Journal of Banking & Finance, vol. 99, pp. 182-191
DOI: https://doi.org/10.1016/j.jbankfin.2018.12.008
Research output: Contribution to Journal › Article (Published) -
Dynamic relational contracts under complete information
(28 pages)
In:
Journal of Economic Theory, vol. 175, pp. 624-651
DOI: https://doi.org/10.1016/j.jet.2018.02.004
Research output: Contribution to Journal › Article (Published) -
Stochastic stability of monotone economies in regenerative environments
(26 pages)
In:
Journal of Economic Theory, vol. 173, pp. 334-360
DOI: https://doi.org/10.1016/j.jet.2017.11.004
Research output: Contribution to Journal › Article (Published)