Dr Peter Phelps


Education and Current Positions

PhD, University of Cambridge

Associate Professor in Applied Economics

MSc Programme Director, Economics Division

Associate Member, Cambridge Centre for Economic and Public Policy (CCEPP), University of Cambridge

Fellow, Higher Education Academy (FHEA)

Academic Profile

Dr Peter Phelps is an Associate Professor and the MSc Programme Director in the Economics Division within Leeds University Business School (LUBS). He has taught undergraduate modules in Research Methods, Mathematical Economics and International Economics and currently teaches Econometrics on the Master’s programme in Leeds. Previously he taught and supervised students in Mathematical Economics and Economics at Cambridge University at the departmental level and for various Cambridge colleges. He obtained his BSc from Warwick University; later he studied at Cardiff University - graduating top of the class with Distinction - before commencing study at the London School of Economics (LSE) for his Master’s. He holds a PhD from Cambridge University, where his research focused on the Economics of European Integration. Dr Phelps has an interest in applied and policy-relevant research at global and regional levels. He has previously conducted research at the International Monetary Fund, in Washington D.C.; at the Asian Development Bank’s Office for Regional Economic Integration (OREI), in Manila; and at the Economics consultancy firm Volterra Consulting, in London. He has produced reports for international research institutes and published in major journals both in Economics and more broadly across the social sciences, which reflects his interest in interdisciplinary and multidisciplinary research, including Applied Economics, Review of Development Finance, Journal of International Financial Markets, Institutions and Money and Environment and Planning A: Economy and Space, amongst others. He has acted as reviewer for major journals and book publishers, including Empirical Economics, Journal of International Money and Finance, Journal of Common Market Studies and Palgrave Macmillan, amongst others. His research has been cited by leading international institutions and organisations, including the World Bank (WB), International Monetary Fund (IMF), Bank for International Settlements (BIS), Asian Development Bank (ADB), and Overseas Development Institute (ODI). Formerly a Visiting Scholar at Cambridge University, he is an Associate Member of the Cambridge Centre for Economic and Public Policy (CCEPP), and a Life Member of Queens’ College, Cambridge.


  • MSc Programme Director

Research interests

Selected publications:

Arestis, P. and Phelps, P. “A panel analysis of Brazilian regional inequality”, Environment and Planning A: Economy and Space, forthcoming (4* ABS)


Arestis, P. and Phelps, P. (2018). “Inequality implications of European economic and monetary union: a reassessment”, Environment and Planning A: Economy and Space, 50(7), 1443-1472 (4* ABS)


Arestis, P., Fontana, G. and Phelps, P. (2017). “Regional financialisation and financial systems convergence: evidence from Italy”, Environment and Planning A: Economy and Space, 49(1), 141-167 (4* ABS)


Arestis, P. and Phelps, P. (2017). “Financial market implications of monetary policy coincidences: evidence from the UK and euro area government-bond markets”, Journal of International Financial Markets, Institutions and Money, 49(1), 88-102 (3* ABS)


Arestis, P. and Phelps, P. (2016). “Endogeneity analysis of output synchronization in the current and prospective EMU”, Journal of Common Market Studies, 54(3), 525-543 (3* ABS)


Ormerod, P., Rosewell, B. and Phelps, P. (2013). “Inflation/unemployment regimes and the instability of the Phillips curve”, Applied Economics, 45(12), 1519-1531 (2* ABS)


Mu, Y., Phelps, P. and Stotsky, J. (2013). “Bond markets in Africa”, IMF Working Paper WP/13/12, International Monetary Fund, Washington, D.C.


Student education

Fellow, Higher Education Academy (FHEA)

International Economics (LUBS2401)
Econometrics (LUBS5134M)
MSc Economics Dissertation (LUB5138M)

Dean’s Award for Teaching Excellence (2016, 2018)
University of Leeds Partnership Award for Best Feedback in LUBS (2019)

Research groups and institutes

  • Applied Institute for Research in Economics

Current postgraduate researchers