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One strand of research focuses on fiscal and monetary stabilization policies and how globalization and the growth of the financial sector impacts the possibility for a small open economy to conduct an independent stabilization policy. This research also includes studies on the relationship between monetary policy and inequality in a low interest environment.

A new research theme within the macroeconomic research group is sustainability. This includes research on financial stability as well as on climate change. The department has taken part in and lead several national and international research projects on how to decarbonize the economy and which policies are necessary to create the right conditions to enable a decarbonization.

Macroeconomic research at the department includes empirical as well as theoretical work.