Department of Economics and Finance

Thomas Renström

Durham University Business School
Department of Economics and Finance
Mill Hill Lane
Durham DH1 3LB

Tel +44-(0)191-334 6369
Fax +44-(0)191-334 6341


Current positions
Associate Professor in Economics, MSc Economics and Finance Programme Director,
Deputy Head of Department, Durham Business School, Durham University
Director of MSc Finance Programmes

D.Phil. (Ph.D.)
University of Oxford, 1997, "Endogenous taxation in a dynamic economy"

Major fields
political economy, optimal taxation and public economics, dynamic economies with consumer heterogeneity, population economics, endogenous firm objectives, environmental economics

(2019) Optimal sin taxes in the presence of income taxes and health care (with Laura Marsiliani and Jiunn Wang), Economics Letters;
(2019) Optimal taxation, environment quality, socially responsible firms and investors (with Laura Marsiliani and Luca Spataro), International Review of Environmental and Resource Economics;
(2019) Population Growth: A Pure Welfarist Approach (with Luca Spataro), Journal of Public Economic Theory;
(2018) The Impacts of Fossil Fuel Subsidy Removal on Bangladesh Economy (Sakib Amin and Laura Marsiliani), The Bangladesh Development Studies;
(2015) Population Growth and Human Capital: A Welfarist Approach (with Luca Spataro), The Manchester School;
(2012) Optimal taxation, critical-level utilitarianism and economic growth (with Luca Spataro), Journal of Public Economics;
(2011) The optimum growth rate for popultion under critical-level utilitarianism (with Luca Spataro), Journal of Population Economics;
(2007) Optimal dynamic labour taxation (with Parantap Basu), Macroeconomic Dynamics;
(2007) Political Institutions and economic growth (with Laura Marsiliani), Economics of Governance;
(2006) The role of government commitment for environmental policy and capital movements (with Laura Marsiliani), Topics in Macroeconomics;
(2004) Optimal dynamic taxation with indivisible labour (with Parantap Basu and Laura Marsiliani), Manchester School;
(2003) Endogenous firm objectives (with Erkan Yalcin), Journal of Public Economic Theory;
(2002) Political institutions and redistribution, In: D.K. Levine, W. Zame, L. Ausubel, P-A. Chiappori, B. Ellickson, A. Rubinstein and L. Samuelson (Eds.) Proceedings of the 2002 North American Summer Meetings of the Econometric Society: Economic Theory;
(2000) Time inconsistency in environmental policy (with Laura Marsiliani), Economic Journal;
(1999) Optimal dynamic taxation, In: S.B. Dahiya (Ed.), The Current State of Economic Science;
(1998) Tax evasion as a disciplinary mechanism for fiscal policy, In: H. Shibata and T. Ihori (Eds.), Welfare State, Public Investment and Growth;
(1996) Endogenous taxation: An overlapping generations approach, Economic Journal





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