Dr Radek Stefanski

Senior Lecturer

Researcher profile

Phone

+44 (0)1334 46 2451

Email

rls7@st-andrews.ac.uk

 

Research areas

Radek uses macroeconomic theory and empirical data to explore the deep, historical drivers of long-run growth and economic development. His current research focuses on evolutionary macroeconomics—specifically how the selection of human traits, such as societal patience, shapes centuries-long macroeconomic trends. He also maintains an established research agenda analyzing the mechanics of structural transformation, misallocation, and the role of natural resources in the wealth of nations.

Selected publications

• Open access

  Extracting wedges: misallocation and taxation in the oil industry

  Stefanski, R., Ahlvik, L., Andersen, J. J., Harding, T. & Trew, A., 28 May 2025, Munich: CESifo, 33 p. (CESifo working papers; no. 11915).

  Research output: Working paper › Discussion paper

• The rise and fall of fossil fuels: convergence or industrialization?

  Mac Domhnaill, C. & Stefanski, R., 22 May 2025, p. 1-38, 38 p.

  Research output: Working paper › Discussion paper

• Open access

  Selection, patience, and the interest rate

  Trew, A. & Stefanski, R., 1 Mar 2024, In: Journal of Political Economy Macroeconomics. 2, 1, p. 141-181 33 p.

  Research output: Contribution to journal › Article › peer-review

• Open access

  Fossil fuel subsidies amount to hundreds of billions of dollars a year – here’s how to get rid of them

  McCulloch, N. & Stefanski, R., 11 Feb 2021, The Conversation.

  Research output: Contribution to specialist publication › Article

• Open access

  Boom goes the price: giant resource discoveries and real exchange rate appreciation

  Harding, T., Stefanski, R. & Toews, G., 8 Feb 2020, St Andrews: University of St Andrews, p. 1-28, 28 p. (School of Economics and Finance Discussion Paper; no. 1608).

  Research output: Working paper › Discussion paper

• Open access

  Boom goes the price: giant resource discoveries and real exchange rate appreciation

  Harding, T., Stefanski, R. & Toews, G., Aug 2020, In: The Economic Journal. 130, 630, p. 1715-1728

  Research output: Contribution to journal › Article › peer-review

• Open access

  Patience breeds interest: the rise of societal patience and the fall of the risk-free interest rate

  Stefanski, R. & Trew, A., 8 Feb 2020, St Andrews: University of St Andrews, p. 1-39, 39 p. (School of Economics and Finance Discussion Paper; no. 2002).

  Research output: Working paper › Discussion paper

• Open access

  Fossil fuel subsidies reach US$87 billion in EU countries – and they’re growing

  Stefanski, R., 23 Sept 2019, The Conversation.

  Research output: Contribution to specialist publication › Article

• Open access

  Velocity in the long run: money and structural transformation

  Mele, A. & Stefanski, R., Jan 2019, In: Review of Economic Dynamics. 31, p. 393-410

  Research output: Contribution to journal › Article › peer-review

• Open access

  What's in a wedge? Misallocation and taxation in the oil industry

  Stefanski, R. & Toews, G., 1 Oct 2018, St Andrews: University of St Andrews, p. 1-16, 16 p. (School of Economics and Finance Discussion Paper; no. 1804).

  Research output: Working paper › Discussion paper

 

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