Dr Drew Woodhouse
Senior Lecturer in Economics
Summary
Dr. Drew Woodhouse is a Senior Lecturer in Economics, specialising in the areas of Macroeconomics, Political Economy and Institutional Economics. He joined Sheffield Hallam University in 2014 and is currently the module leader of Introductory and Intermediate Macroeconomics. Drew is a Fellow of the Higher Education Academy (FHEA). His main research areas are in comparative institutional economics, political economy and macroeconomics. Drew is media active, with publications and engagements regarding contemporary economic issues such as Brexit, Structural Reform, Monetary & Fiscal Policy. He has been referred to by numerous media outlets and has been referenced in House of Lords Policy Briefs.
About
Dr. Drew Woodhouse is a Lecturer in Economics, specialising in the areas of Macroeconomics, Political Economy and Institutional Economics. He joined Sheffield Hallam University in 2014 and is currently the module leader of Introduction to Macroeconomics. Intermediate Macroeconomics & Business Economics. Drew teaches on all tiers of Macroeconomic study, lecturing on numerous Economics modules, whilst teaching on more heterodox economic focussed modules such as Global Governance and Multinational Enterprises & Foreign Direct Investment. Drew can also teach in the discipline of International Business. Drew is a Fellow of the Higher Education Academy (FHEA). His main research areas are in comparative institutional economics, political economy and macroeconomics. He is proficient in the use and application of econometric techniques, specialising in panel data analysis, hierarchical discriminant analysis, factor analysis and structural equation modelling. Drew uses the latest statistical software, with particular emphasis on STATA. Drew is also the course leader for BA (Hons) Accounting & Economics. Drew has supervised and guided numerous MSc students throughout completion of their dissertations. He is a member of the International Business & Economics Research Group (IBERG), Sheffield Political Economy Research Institute (SPERI) and the Royal Economics Society. His PhD is in the field of Institutional Economics, and his Masters thesis was titled 'The Political Economy of Capital Account Liberalisation in Emerging Markets: Demanding Economic Interventionism by Method of Pragmatic Macroprudential Reregulation'. Drew is media active, with publications and engagements regarding contemporary economic issues such as Brexit, Structural Reform, Monetary & Fiscal Policy. He has been referred to by numerous media outlets and has been referenced in House of Lords Policy Briefs.
Lecturer
Teaching expertise
- Economics
Research
- Economics and Entrepreneurship
- Comparative Political Economy
- Macroeconomics
- Political Economy
Teaching
Department of Finance, Accounting and Business Systems
College of Business, Technology and Engineering
Subject area
Economics
Courses
2014 to present: Intermediate Macroeconomics, Sheffield Hallam University, United Kingdom
2014 to present: Economics for Business, Sheffield Hallam University, United Kingdom
Modules
Advanced Topics in Macroeconomics;
Intermediate Macroeconomics;
Introduction to Macroeconomics;
Statistics & Data Modelling;
Business Economics;
Multinational Enterprises & FDI;
Introduction to Microeconomics;
Consultancy.
Research
Current Projects
Macroeconomics, Comparative Institutionalism, Political Economy, Policy Studies
Featured projects
Link 1: Johnston, A., Wells, P., & Woodhouse, D. (2021). Examining the roles of universities in place-based industrial strategy: which characteristics drive knowledge creation in priority technologies? Regional Studies. https://doi.org/10.1080/00343404.2021.1956683
Link 2: Woodhouse, D. (2020). Experts give their verdict on Rishi Sunak’s spending review.
Link 3: Woodhouse, D. (2020). Co-ordinated macroeconomic policy remains the most effective response to the pandemic economic shock.
Link 4: Woodhouse, D. (2020). Countries went on a gold-buying spree before coronavirus took hold – here's why.
Link 5: Woodhouse, D. (2020). Gold distortions: The ‘artificial’ driver of UK economic statistics.
Link 6: House of Lords, (2020). Policy Briefing: Bank of England: History, Role and Current Policy Debates.
Publications
Journal articles
Woodhouse, D., & Charlesworth, A. (2023). Can ChatGPT Predict Future Interest Rate Decisions? .
Woodhouse, D., & Johnston, A. (2023). Comparative capitalism and the empirical taxonomy of context: enhancing the institutionalist blueprint. Critical Perspectives on International Business. http://doi.org/10.1108/cpoib-10-2022-0114
Burke, M., Fry, J., Kemp, S., & Woodhouse, D. (2022). Attention to Authority: The behavioural finance of Covid-19. Finance Research Letters, 49. http://doi.org/10.1016/j.frl.2022.103081
Johnston, A., Wells, P., & Woodhouse, D. (2021). Examining the roles of universities in place-based industrial strategy: which characteristics drive knowledge creation in priority technologies? Regional Studies. http://doi.org/10.1080/00343404.2021.1956683
Book chapters
Woodhouse, D. (2018). Case Study: Broadening the Economists Toolkit: Understanding the UK Housing Crisis. In TZIAMALIS, A., & LAGOS, K. (Eds.) Business Economics Case Studies. London: Pearson Education
Woodhouse, D. (2017). Case Study: The Economics of Drug Cartels. In TZIAMALIS, A., & LAGOS, K. (Eds.) Business Economics. London: Pearson Education
Internet Publications
Woodhouse, D. (2023). What central banks are doing to safeguard financial stability and why they must proceed with caution. https://theconversation.com/what-central-banks-are-doing-to-safeguard-financial-stability-and-why-they-must-proceed-with-caution-202377
Woodhouse, D. (2020). Experts give their verdict on Rishi Sunak’s spending review. https://www.theweek.co.uk/108779/experts-give-verdict-on-rishi-sunak-spending-review
Woodhouse, D. (2020). Experts give their verdict on Rishi Sunak’s spending review. https://www.theweek.co.uk/108779/experts-give-verdict-on-rishi-sunak-spending-review
Woodhouse, D., de Ruyter, A., Nanda, A., Gheyoh Ndzi, E., Lowe, J., & Smith, S. (2020). Spending Review 2020: the experts react. https://theconversation.com/spending-review-2020-the-experts-react-150875
Woodhouse, D. (2020). Co-ordinated macroeconomic policy remains the most effective response to the pandemic economic shock. https://sheffieldinstituteforpolicystudies.com/2020/07/17/co-ordinated-macroeconomic-policy-remains-the-most-effective-response-to-the-pandemic-economic-shock/
Woodhouse, D. (2020). Countries went on a gold-buying spree before coronavirus took hold – here's why. https://theconversation.com/countries-went-on-a-gold-buying-spree-before-coronavirus-took-hold-heres-why-138173
Woodhouse, D. (2020). Prime example of misreading stats: Report of 2019 a record-breaking year for UK exports an illusion. https://vip.politicsmeanspolitics.com/2020/02/27/prime-example-of-misreading-stats-report-of-2019-a-record-breaking-year-for-uk-exports-an-illusion/
Woodhouse, D. (2020). Gold distortions: The ‘artificial’ driver of UK economic statistics. https://theconversation.com/gold-distortions-the-artificial-driver-of-uk-economic-statistics-132390
House of Lords, (2020). Policy Briefing: Bank of England: History, Role and Current Policy Debates. http://researchbriefings.files.parliament.uk/documents/LLN-2020-0006/LLN-2020-0006.pdf
Woodhouse, D. (2019). Central Banking Series: The next Bank of England governor must take a radically different approach to running the economy. https://www.econotimes.com/The-next-Bank-of-England-governor-must-take-a-radically-different-approach-to-running-the-economy-1570684
Woodhouse, D. (2019). Bank of England’s new governor Andrew Bailey must take radically different approach to the economy. https://theconversation.com/bank-of-englands-new-governor-andrew-bailey-must-take-radically-different-approach-to-the-economy-129150
Woodhouse, D. (2019). Economic Policy Movements in the Event of 'No-Deal' Brexit Shocks. https://www.financialdirector.co.uk/2019/08/13/economic-policy-movements-in-the-event-of-no-deal-brexit-shocks/
Woodhouse, D. (2019). Chronic Flu? The Economics of the Eurozone. https://www.financialdirector.co.uk/2019/08/05/the-chronic-flu-the-economics-of-the-eurozone/
Media
Woodhouse, D. (2022). Expert Opinion on the Mini-Budget (2022). BBC Radio Sheffield
Woodhouse, D. (2020). SIR-ECON Regional Economic Epidemiological Modelling: Implications for the South Yorkshire Region. BBC Radio Sheffield
Woodhouse, D. (2020). SIR-ECON Regional Economic Epidemiological Modelling: Implications for South Yorkshire Funding. Sheffield Star
Woodhouse, D. (2020). Chancellor's economic update had welcome measures for Sheffield. Sheffield Star
Woodhouse, D. (2020). Chancellor's economic update had welcome measures for Sheffield. Sheffield Star
BBC News Mundo, (2020). Gold from Venezuela: why the Bank of England retains 31 tons of bullion from the South American country (and what is the political and judicial fight it generates). BBC News Mundo
Woodhouse, D. (2020). Economics of the Coronavirus. BBC Worchester & Hereford
Woodhouse, D. (2020). "Small firms thrown a lifeline in the Budget as they battle Virus". Sheffield Star
Woodhouse, D. (2020). "Small firms thrown a lifeline in the Budget as they battle Virus". Sheffield Star
Woodhouse, D. (2020). "Call for Budget to help small firms survive Coronavirus". Sheffield Star
Woodhouse, D. (2020). "Call for Budget to help small firms survive Coronavirus". Sheffield Star
Woodhouse, D. (2020). Why Rishi Sunak must deliver this Budget for Yorkshire – Drew Woodhouse. Johnston Press: https://www.yorkshirepost.co.uk/news/opinion/columnists/why-rishi-sunak-must-deliver-budget-yorkshire-drew-woodhouse-2444418
Woodhouse, D. (2020). Why Rishi Sunak must deliver this Budget for Yorkshire. Yorkshire Post
House of Lords, (2020). Economic Policy Advice informing: 'Policy Briefing: Bank of England: History, Role and Current Policy Debates'. House of Lords Library
Presentations
Woodhouse, D. (2022). The Dynamics of University Knowledge Creation in Niche Technologies: A Panel Variance Autoregressive Model. Presented at: Research Uses of HEBCI Survey Data and Future Development of the HEBCI
Woodhouse, D. (2021). The Political Economy of Brexit: How did the UK get here and what will it mean for the economic & social futures of the UK & EU? Presented at: Dania University, Denmark.
Woodhouse, D. (2019). Helsinki International Economics Series: 'A British Economists View of Brexit' - Economic Forecasting with a (large) Normative Undertone. Presented at: International Economics Series, Helsinki
Woodhouse, D. (2019). Helsinki International Economics Series: Exchange Rate Determination and Transmission Channels under Varied Exchange Rate Regimes. Presented at: International Economics Series, Helsinki
Woodhouse, D. (2018). Socio-Economics, Political Economy and Comparative Capitalist Institutionalism. Presented at: University College Dublin - Perspectives in Institutional Analysis, Dublin
Other publications
Woodhouse, D. (2019). Honorary Doctorate Citation Speech for Prof Sir Paul Collier (University of Oxford).
Postgraduate supervision
Economics and Applied Empirics.