Edmund
Cannon
Reader in Economics, University of
Bristol, edmund.cannon@bristol.ac.uk
The Department of Economics is part of the School of Economics, Finance and Management. My contact details are:
Dr Edmund Cannon,
School of Economics, Finance and
Management,
8 Woodland Road,
Bristol.
BS8 1TN
FAX: +44 (0)117 928 8577
TEL: +44 (0)117 928 8401
Teaching
I currently lecture on two units (in each case I am the unit director). Current students can gain access to details of these units by logging on to the electronic learning tool Blackboard, which is not available to people outside the University of Bristol. If you wish to know more about my teaching, then I can summarise by saying that I lecture Econ20020 Econometrics "QM3", which is the main second-year undergraduate econometrics unit and discusses OLS and IV estimation, and EconM1008 Applied Economics, which is a first-term postgraduate unit covering a miscellany of topics with the primary aim of introducing students to research techniques.
Research
My initial research was on economic
growth - by which I mean long-run economic growth rather than short-run
variations due to the business cycle. This led me to be interested in issues of
historical development and I work with Liam Brunt on a range of historical
issues from the UK's industrial revolution, some of which are detailed below.
Another result of my interest in economic growth was concern about the effect
of demography on economic growth and from there I developed an interest in
pensions, in particular in annuity markets. Ian Tonks and I have analysed the
history of the annuity markets based on the historical time series that we
collected and describe in the FHR article. An analysis of the compulsory annuity market
can be found in the 2009 DWP report (we are currently up-dating our analysis of both the
voluntary and compulsory markets). Ian and I have also written a comprehensive
guide to annuity markets which is accesible for economists, actuaries and
students alike.
Apart from continuing work on the
industrial revolution and pension markets, I am currently also working on the
effect of demographic composition on the macroeconomy and the risks in
defined-contribution pension schemes.
Publications (in reverse date order)
"Money's Worth of Pension Annuities" (joint with Ian Tonks) Department for Work and
Pensions, Research Report 563, February 2009.
Annuity Markets (joint
with Ian Tonks), Oxford: Oxford University Press. ISBN-13: 978-0-19-921699-4,
October 2008.
"Euro-Illusion: A Natural
Experiment" (joint with Giam Pietro Cipriani), Journal
of Money, Credit and Banking, 38(5), August 2006, pp.1391-1403.
"Survey
of Annuity Pricing" (joint with Ian Tonks) Department for Work and
Pensions, Research Report 318, July 2006.
"U.K. Annuity Price Series,
1957-2002" (joint with Ian Tonks) Financial
History Review 11(2), October 2004, pp.165-196
"U.K. Annuity Rates, Money's
worth and Pension Replacement Ratios, 1957-2002" (joint with Ian Tonks) The
Geneva Papers on Risk and Insurance - Issues and Practice 29(3),
July 2004, pp.371-393
"The Irish Grain Trade from the
Famine to the First World War" (joint with Liam Brunt) Economic
History Review 57(1), February 2004, pp.33-79.
"Human Capital: Level versus
Growth Effects" Oxford Economic
Papers 52(4), 2000, pp.670–676.
"Economic Growth and Geographic
Proximity" (joint with C.L.F.Attfield, D.Demery and Nigel W.Duck) Economics Letters 68(1),
2000, pp.109–112.
"Galton's Fallacy and Economic
Convergence" (joint with Nigel W.Duck) Oxford Economic Papers 52(3), 2000,
pp.415–419.
"Economies of Scale and
Constant Returns to Capital: A Neglected Early Contribution to the Theory of
Economic Growth" American Economic
Review 90(1), March 2000, pp.292–295.
Work in progress and unpublished material
A Grain of
Truth in Medieval Interest Rates? Re-examining the McCloskey-Nash Hypothesis
(joint with Liam Brunt)
Outside Academia
I am married to Alison and have
seven-year old twin boys. Much as many people learn about Keynes' General
Theory through Hicks' exposition, one gets to the town where I live
(Keynsham) via Hicks Gate roundabout. I am a school governor for the local
secondary school.
I am a Reader in the Church of
England, licensed to the parish of
Keynsham; a Reader is a non-stipendiary (unpaid) lay minister. I also
occasionally go to Cotham
Parish Church . As a Christian I am interested in various issues of social
justice such as highlighted by the Iona
Community. My preferences in worship are best exemplified by Iona and Pusey House. I support ordination
of women to both the priesthood and the episcopate and believe that the Church
should be open to people regardless of their sexuality. I am a member of the Association of Christian Economists. Having
been a Churchwarden twice I have an ambition never to hold that post again.
As a student I was a competitive
ballroom dancer, preferring Quickstep and Viennese Waltz (ie fast dances) to
Foxtrot and English Waltz (ie slow dances). My wife and I still dance
occasionally, although not competitively. I am a mediocre and increasingly
occasional cricketer and play badminton when excessive use of the computer and
mouse hasn't hurt my wrist. I sing tenor in the church choir and play the
clarinet. My longest-standing hobby is military history, especially the
Napoleonic period. My favourite poet is T.S.Eliot.
These pages last up-dated on 10
February 2009.