Professor Michael Ben-Gad
Head of Department
T: +44 (0)20 7040 4582
Office hours: Monday and Wednesday, 16:00-17:00
Professor Ben-Gad obtained his BA in Economics at Hebrew University of Jerusalem and his MA and PhD from the University of Chicago. He has worked in the Research Department of the Bank of Israel, and taught at the University of Houston and the University of Haifa.
He joined City as a Reader in 2007. His research focuses on Dynamic Macroeconomics with applications to taxation, public debt, the economic effects of immigration, as well as the emergence of multiple equilibria in models of economic growth.
Professor Ben-Gad has recently appeared on the BBC, CNBC and in the Wall Street Journal discussing the global financial crisis.
He is currently working on an ESRC grant that is funded by HM Treasury and HMRC.
Works in progress
- M. Ben-Gad, "On Deficit Bias and Immigration"
- M. Ben-Gad, Y. Ben-Haim, and D. Peled, "Allocating Security Expenditures under Knightian Uncertainty: an Info-Gap Approach"
- M. Ben-Gad, "Sufficiency Conditions and the Existence of Equilibria in the Two-Sector Endogenous Growth Model with Leisure"
- M. Ben-Gad, "Importing Human Capital: The Effects of Immigration in the Two-Sector Endogenous Growth Model"
- M. Ben-Gad, "The Nested CES and Translog Production Functions"
- M. Ben-Gad, "The Two Sector Endogenous Growth Model: An Atlas," Journal of Macroeconomics, 34 2012, 706-722.
- M. Ben-Gad, "Capital-Skill Complementarities and the Immigration Surplus," Review of Economic Dynamics, 11, 2008, 335-365.
- M. Ben-Gad, "The Impact of Immigrant Dynasties on Wage Inequality," Research in Labor Economics, 24, 2005, 77-134.
- M. Ben-Gad, "The Economic Effects of Immigration - a Dynamic Analysis,'' Journal of Economic Dynamics and Control, 28, 2004, 1825-1845.
- M. Ben-Gad, "Measuring the Welfare Effects of the Reagan Deficits: A Portfolio Choice Approach," Economic Inquiry, 42, 2004, 441-454.
- M. Ben-Gad, "Taxes, the Debt Burden, and the Economic Program," Labor, Society and Law, 10, 2004, 241-256 (in Hebrew).
- M. Ben-Gad, "Fiscal Policy and Indeterminacy in Models of Endogenous Growth," Journal of Economic Theory, 108, 2003, 322-344.
- M. Ben-Gad, "The Incidence of Deficit Finance with Imperfect Capital Markets,'' Southern Economic Journal, 66, 2000, 649-666.
- M. Ben-Gad, "Balanced-Growth-Consistent Recursive Utility and Heterogenous Agents," Journal of Economic Dynamics and Control, 23, 1999, 459-462.
- M. Beenstock and M. Ben-Gad, "The Fiscal and Monetary Dynamics of Israeli Inflation: A Cointegrated Analysis 1970-1987," Centre for Economic Policy Research Discussion Paper Series: 290, 1989, London.
Chapters in books
- M. Ben-Gad, "Analyzing Economic Policy Using High Order Perturbations," Economic Dynamics: Theory, Games and Empirical Studies, Nova Science, 2009.
- Ben-Gad, Review of International Migration in the Age of Crisis and Globalization, by Andrés Solimano. Cambridge University Press, Cambridge. 2010. Economica, 80 (318), 379-380, April 2013.
- M. Ben-Gad, "Economic 'impact' is a poor basis for funding decisions", Research Fortnight, September 9, 2009.
- M. Ben-Gad, Correspondence on Macroeconomic Theory, Financial Times, August 14, 2009.
- M. Ben-Gad, "Alive and Well and Living in Tuscany," Satire, February 13, 2007.
- M. Ben-Gad, "The Economist is the Commissar's Worst Enemy," Ha'aretz, February 12, 2007 (in Hebrew).
- M. Ben-Gad, "The Second Lebanon War: An Economic Perspective," September 21, 2006 (in Hebrew).
- M. Ben-Gad, "Some Concerns Regarding the Economic Relations Between Israel and Palestine," October 20, 2005 (in Hebrew).
- M. Ben-Gad, "A Fence for a Time of Peace," Ha'aretz, September 6, 2001 (in Hebrew).
- M. Ben-Gad, Correspondence on immigration and taxation, New Republic, Vol. 223, Number 17, Issue 4,475, October 23, 2000.
- M. Ben-Gad, Correspondence on immigration of academics and scientists, New Republic , Vol. 220, Number 19, Issue 4,399, May 10, 1999.
Research grants and scholarships
- HMRC/HMT/ESRC Joint Research Programme, 2011 (research grant RES 194-23-00-0020).
- Israel Science Foundation, "Distortionary Taxation, Public Debt, and Immigration" 2007-2008, (research grant no. 49/06).
- Economics and National Security, Samuel Ne'eman Foundation, Technion, 2004. (research grant no. 358, shared with Prof. Yakov Ben-Haim).
- Edelstein Foundation for Population Research, 2002.
- Advanced Research Program, Social Sciences Research Grant, Texas Higher Education Coordinating Board, State of Texas, 1997-99 (research grant no. 003652-836).
- Research Initiation Grant, University of Houston, 1996.
- Bradley Foundation Grant, University of Chicago, 1994-95.
- Henry Morgenthau Jr. Memorial Scholarship in Public Finance, University of Chicago, 1994.
- Century Scholarship, University of Chicago, 1989-93.
Macroeconomics, public finance, the economics of immigration, economic growth.
- City University London, Dept. of Economics, Professor, 2009-present
- City University London, Dept. of Economics, 2007-2009
- International School of Economics at Tbilisi State University, Int. Faculty, 2008-present
- University of Haifa, Dept. of Economics, Lecturer, 2001-2007
- University of Houston, Dept. of Economics, Assistant Professor, 1995-2001
- Central European University, Budapest, Hungary, Dept. of Economics, Visiting Assistant Professor Summer 2002
Bank of Israel, Research Department, 1987-1989.
Israel Defense Forces: Military Service, 1982-1985.