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


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

Associate Editor
Bulletin of Economic Research
Review of Business and Economics Studies

D.Phil. (Ph.D.)
University of Oxford, 1997, "Endogenous taxation in a dynamic economy". Supervisor: Nobel Laureate Sir James A. Mirrlees

Major fields
Optimal taxation and public economics, environmental economics, population econonomics, health econmics, political economy, endogenous firm objectives, dynamic economies with consumer heterogeneity

(2020) Combining Private and Public Resources: Captive Power Plants and Electricity Sector Development in Bangladesh, (with Sakib Amin, Tooraj Jamasb, Manuel Llorca, and Laura Marsiliani), Emerging Markets Finance and Trade;
(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


PhD STUDENTS (PAST AND PRESENT) Prospective PhD applicants may contact me directly


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