Professor Erez Yerushalmi
See also听
Dr. Erez Yerushalmi is a Professor听of Economics at 91猎奇 (91猎奇). He currently serves as Department Academic Lead for Research and was previously the Director of the听Centre for Accountancy, Finance, and Economics (CAFE) until January 2024.
Erez joined 91猎奇 in 2017 after working as a Research Fellow at the University of Warwick鈥檚听 since 2012, alongside lecturing at Warwick Business School. He earned his PhD in Economics from Warwick in 2013.
With a strong track record in research funding, Erez has served as Principal Investigator (PI) and Co-Investigator (Co-I) on multiple projects, securing over 拢7.2 million from major organizations including GSK, GIZ, EU CEDEFOP, UNESCO, Wellcome Trust, CCA, WoAH, NIHR among others. More than 拢300K of this directly contributed to his salary. Since 2018, he has worked on totalling 拢698K and secured funding for two internal 91猎奇 PhDs.
Erez specializes in Applied Public Policy Analysis, with research spanning Health, Environment, Innovation, and Labour Economics. A leading expert in听 modelling, he also employs Econometrics and other quantitative methodologies. With over 20 years of experience in economic research and consulting鈥攊ncluding 10 years in project management鈥攈is work has influenced policy and practice globally.
Before his PhD, Erez spent five years in the private sector as an economist in international consulting firms, focusing on macroeconomic forecasting, cost-benefit analysis, infrastructure assessment, transportation, and energy modelling.
Erez welcomes PhD students interested in similar research areas. His office is in Curzon Building, Room C213.
Areas of Expertise
Applied Policy Analysis using Computable General Equilibrium (CGE) modelling. A focus on:
- Health Economics
- Environmental Economics and Management
- Development Economics
- Labour Economics
- Tax policy
Qualifications
- 2013 PhD (Economics) University of Warwick, UK
- 2002 MSc (Applied Economics and Finance) Copenhagen Business School, Denmark.
- 1999 BA (Economics and Political science) Hebrew University, Jerusalem.
Teaching
- QME6040 Advanced Economic Theory
- QME6041 Industrial Organisation
- QME5005 Macroeconomics
Research
External Research Funding
- 08/2024-听 2/2026:听NIHR's economic return at the regional and national level (91猎奇 PI, Lead RAND, NIHR)
- 10/2023-12/2024:听Economic Impact of Antimicrobial Resistance in Humans and Food-Producing Animals, Co-I听(91猎奇 PI, Lead WOAH).
- 7/2019-12/2019:听The cost of Physical Inactivity, A CGE Analysis听Co-I (91猎奇 PI, Lead RAND, Vitality).
- 7/2018 - 5/2019: The Cost of Antimicrobial Resistance in Canada,听A Dynamic CGE Analysis (PI 91猎奇, Lead CCA)
- 02/2018 鈥� 10/2018:听KEEN BMF Project (Co-I)
- 11/2016 - 10/2018: Longitudinal study of Further Education Students, collecting and analyzing primary data (Funder: Edge Foundation)
- 05/2015 - 4/2017:听 econometric forecasting based on LFS/ASHE data.
- 10/2015 - 12/2016: Private or Public Healthcare in Israel, using general equilibrium modelling, Co-I (Israel's Health Research Council).
- 11/2014 - 12/2015: , PI (GIZ)
- 09/2014 - 01/2015:听听(Co-I, Cedefop)
- 02/2014 - 08/2014: , PI (GIZ)
- 08/2014 - 01/2015:听, Co-I (Welcome Trust)
- 01/2013 - 09/2013: , PI (GIZ)
- 01/2013 - 12/2017: Cedefop Mid-Term Supply and Demand Forecast in Europe (.)
- 11/2012 - 12/2012: Bedfordshire 鈥� skills forecasting in the local UK council.
- 01/2010 - 10/2012: , Co-I (GSK)
Publications
PEER-REVIEWED PUBLICATIONS
Yerushalmi, E., and Paladini, S., 2026.听. Financial Innovation 12 (CABS-2, ABDC-B, SJR-Q1).
Rana, H.M.U., O鈥機onnor, F., Yerushalmi, E., Kim, J.H., 2026. . Finance Research Letters 103, 110172 (CABS-2, ABDC-A, SRJ-Q1).
Martin-Lawson, D., Paladini, S., Saha, K., Yerushalmi, E., 2026. . Transport Policy 183, 104107 (CABS-2, ABDC-A, SJR-Q1).
Rehman, U., Ahn, Y., Yerushalmi, E., et al. 2026. . Thorax - British Medical Journal (SJR-Q1).
Yerushalmi, E., Saha, K., 2025. . Business Strategy and the Environment.听CABS-3, ABDC-A, SJR-Q1)
Yerushalmi, E., Ziv, S., 2025. . Journal of Policy Modeling. (CABS-2*, ABDC-A, SJR-Q1).
Hearne, D., Yerushalmi, E., 2024. . Environmental and Resource Economics (CABS-3*, ABDC-A, SJR: Q1).
Martin-Lawson, D., Paladini, S., Saha, K., Yerushalmi, E., 2024.. Journal of Environmental Management (CABS-3*, ABDC-A, SJR-Q1)
Hafner, M., Yerushalmi, E., Andersson, F., and Burtea., T., 2022. . Health Economics (CABS-3*, SJR-Q1)
Hafner, M., Yerushalmi, E., Martin Stepanek, Phillips, W.D., Pollard, J., Deshpande, A., Whitmore, M., Millard, F., Subel, S., Van Stolk, C., 2020. . British Journal of Sports Medicine. (4* Medical Journal, SJR-Q1)
Hafner, M., Andersson, F.L., Burtea, T., Stolk, C. van, Whitmore, M.,听Yerushalmi, E., Troxel, W.M., 2020. . Journal of Medical Economics. (ABDC-C, SJR-Q1)
Yerushalmi, E., Hunt, P., Hoorens, S., Sauboin, C., and Smith, R., 2019. . Medical Decision Making Policy & Practice (MDM P&P) 4 (2) (SJR-Q1).
Lockwood,B., and Yerushalmi, E., 2019.听.听Social Choice and Welfare. (CABS-3*, ABDC-A, SJR-Q1)
Yerushalmi, E., 2018. . Ecological Economics 149, 12鈥�20.听(CABS-3*, ABDC-A, SJR-Q1)
Subramaniam, T., Loganathan, N., Yerushalmi, E., Devadason, E.S., Majid, M., 2018. . Social Indicators Research 136, 397鈥�415.听 (ABDC-A, SJR-Q1)
Book Chapter
Paladini, S., Yerushalmi, E., Castellucci, I., 2021. Public Governance of the Blockchain Revolution and Its Implications for Social Finance: A Comparative Analysis, in: Walker, T., McGaughey, J., Goubran, S., Wagdy, N. (Eds.), Innovations in Social Finance鈥�: Transitioning Beyond Economic Value. Springer International Publishing, Cham, pp. 293鈥�318. 听
WORK IN PROGRESS (Under-review or R&R)
Yerushalmi, E., Paladini, S., Blockchain in Financial Intermediation and Beyond: Institutional Barriers, Welfare Gains, and a Pathway to Diffusion.
Martin-Lawson, Paladini, S., Saha K., Yerushalmi, E. Charting the course of Space Tourism toward a Sustainable Future. A cross-cluster thematic analysis.
Yerushalmi, E., Saha, K. How Circular Economy Technologies Can Backfire on The Environment: Quantifying the Rebound Effect of The Textiles and Clothing Sector.
MEDIA CONTRIBUTION
Yerushalmi, E., Saha, K., 2025. . The Conversation.
Yerushalmi, E., Hearne, D., 2014. . The Conversation.
Yerushalmi, E., 2020. . TigerLAB BITES. (A video interview).
WORKING PAPERS
Rana, H., O鈥機onnor F., Jae K., Yerushalmi, E., 2024. . CAFE Working Paper 28, 91猎奇.
Yerushalmi, E., Hafner, M., Fays, C., Dufresne, E., Van Stolk, C., 2021. . Grassroots 12. Newsletter of the Research Committee on Social Movements, Collective Action and Social Change.
Hafner, M., Yerushalmi, E., Andersson, F., Burtea, T., 2020. .听CAFE Working Paper 5, 91猎奇.
Yerushalmi, E., Ziv, S., 2020. . CAFE Working Paper 4, 91猎奇.
Yerushalmi, E., Javashvili, D., and Gorgodze O., 2014. To Do Better, Georgia Requires a Bigger Banking Sector: A General Equilibrium Approach.听GIZ Working Paper.
Meagher, G.A., A.Wilson, R., Yerushalmi, E., 2014. . Centre of Policy Studies/IMPACT Centre Working Paper No. g-249. Victoria University, Centre of Policy Studies/IMPACT Centre.
Yerushalmi, E., 2012. .The Warwick Economics Research Paper Series (TWERPS). University of Warwick, Department of Economics.
听
听COMPLETED REPORTS
Sussex, J.听and Ulyt臈, A.听and Guthrie, S.听and Hafner, M.听and Yerushalmi, E听and Kapoor, D.听and Singh, B.听and Wade, I.听and Moriarty, S.听and Todsen, A. L.听(2026) . Project Report. NIHR Open Research.
Adamie, B. A.,听Akwar, H. T.,听Arroyo, M.,听Bayko, H.,听Hafner, M.,听Harrison, S.,听Jeannin, M.,听King, D.,听Eweon, S.,听Kyeong, N. D.,听Olumogba, F.,听Rigby, I.,听Song, S. J., Yerushalmi, E., Yugueros-Marcos, J.听&听Zakaria, S., 2024. . Project Report, World Organisation for Animal Health (WoAH).
Romanelli, R., Cabling, M., Marciniak-Nuqui, Z., Marjanovic, S., Morris, S., Dufresene, E., Yerushalmi, E., Hafner, M., 2023. . Project Report. RAND Corporation (RAND report RRA2165-1).
Hafner M., Romanelli J. R., Yerushalmi, E., Troxel M. W., 2023. . Project Report. RAND Corporation (RAND report RRA2166-1).
Ayres-Bennet W., Hafner, M., Dufresne E., Yerushalmi, E., 2022. . Project Report. RAND Corporation (RAND report RRA1814-1).
Hafner, M., Yerushalmi, E., Dufresne, E., and听Gkousis, E., 2021. .听Project Report. RAND Corporation (RAND report RR-A1274-1). (Media: )
Hafner, M., Yerushalmi, E., Fays, C., Dufresne, E., Van Stolk, C., 2020. . (RAND Report No. RRA769-1).
Ries, C.P., Hafner, M., Fays, C., Yerushalmi, E., 2020. .听Research Report No. RR-4265-RC. RAND Corporation.
Council of Canadian Academies, CCA, 2019. .听Project Report. Council of Canadian Academies, Ottawa, Canada.
Hafner, M., Yerushalmi, E., Phillips, W.D., Pollard, J., Deshpande, A., Whitmore, M., Millard, F., Subel, S., Van Stolk, C., 2019. .(Research Report No. RR-4291-TVG). RAND Corporation.
Hafner, M., Pollard, J., Troxel, W.M., Yerushalmi, E., Fays, C., Whitmore, M., Van Stolk, C., 2019. . Report. RAND Corporation.
Yerushalmi, E., Impact Assessment of the Planned DCFTA Between the EU and Georgia: A CGE Analysis, GIZ Working Paper. 2015. [Confidential report for the Government of Georgia]
Wilson, R. A, Rachel B., Yerushalmi, E., Gardiner, B., 2014.听. Report for UNESCO, Institute for Employment Research University of Warwick, 2015.
Taylor, J., Hafner, M., Yerushalmi, E., Smith, R., Bellasio, J., Vardavas, R., Bienkowska-Gibbs, T., Rubin, J., 2014. . RAND Report, RR911.
Gerald A. M., Wilson, R. A., Yerushalmi, E., 2013. How Does Wage Flexibility Affect Skill Mismatches in the UK? Interfacing a CGE Labour Market Module with the E3ME Multi-sector Macroeconomic Model.听CEDEFOP Project on Forecasting Skill Supply and Demand in Europe 2020, Thessaloniki.
Yerushalmi, E., Hunt, P.E., Hoorens, S., Sauboin, C., Smith, R.D., 2012. . PIN82 Value in Health 15, A400.
Wilson, R. A, Yerushalmi, E., 2012.听Forecasting Skill Supply and Demand in Europe: Interfacing a CGE Labour Market Model for All Countries.听Technical Paper. CEDEFOP Project on Forecasting Skill Supply and Demand in Europe 2020, Thessaloniki.
DeltaRail, 2006.听South West Trains Franchise Bid: Revenue Forecast Model.听Franchise Bid. London.
DeltaRail, 2006.听鈥渙ne鈥漵 Revenue Model. Project Report.听London, Delta Rail (AEA Technology).
DeltaRail, 2006.听The Value of the Economic Losses Caused by the Tesco Tunnel Collapse: Chiltern versus Tesco.听Report. London.
Economic Models, 2005.听The Demand Outlook for Natural Gas in Israel for Electricity Generation: An Optimization Model. Report. Tel-Aviv, Israel.
Economic Models, 2005.听National Electricity Demand Forecast for Israel: An Analysis Using a Dynamic Multi-Sector Macroeconomic Model.听Report. Tel-Aviv, Israel.
Economics Models, 2005.听Israel Towards 2020: An Analysis Using a Dynamic Multi-Sector Macroeconomic General Equilibrium Model for Israel.听Report. Israel, Economic Models.
Economics Models, 2005.听Where to Invest Efficiently? An Optimisation Model for Israel鈥檚 Electricity Company.听Report. Israel, Economic Models, 2005.
Economic Models, 2004.听The Future of Israel鈥檚 Communication Sector: An Applied Forecasting Model.听Report. Tel-Aviv, Israel.
Kolnik Consulting, 2004.听A Cost-Benefit Analysis of the Shaar-Hagai Valley Bridge in Jerusalem. Ministry of Transportation. Report. Israel, Kolnik Consulting, 2004.
Kolnik Consulting., 2004.听A Cost-Benefit Analysis for Extending the Even Gvirol Road in Tel-Aviv.听Ministry of Transportation. Report. Jerusalem, Israel.
Kolnik Consulting., 2003.听An Evaluation of the Taxi Market in Israel, Could Improvements Be Made?听Ministry of Transportation. Report. Jerusalem, Israel.
Yerushalmi, E., and M. Yerushalmi., 2003.听Who Is Expected to Win in Ashdod? An Election Pole Survey. Report, Israel.
Yerushalmi, E., 2002.听.听Final MSc. Thesis. Denmark: Copenhagen Business School.
Copenhagen Economics, 2001.听. 脴resund Chamber of Commerce. Report. Copenhagen, Denmark [Accessed: 07/11/2021].
Copenhagen Economics, 2001.听Do Bang & Olufsen Exhibit Market Power in Denmark. Danish Competition Authority. Report. Copenhagen,Denmark.
Copenhagen Economics, 2001.听Do Danish Power Plants Exert Market Power?听Danish Competition Authority. Report. Copenhagen, Denmark.
Copenhagen Economics, 2001.听听Report. Copenhagen, Denmark [Accessed: 07/11/2021].
Lorentzen, J, and Yerushalmi, E., 2000.听Which Students Should be Admitted? An Audit of Copenhagen Business School, Working Paper. Copenhagen Business School, Copenhagen, Denmark.
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NON-ACADEMIC WORK
Yerushalmi, M., Yerushalmi, E., Yerushalmi, Z., Yerushalmi, D., 2012.听. Lulu.com, S.l. (Editor: Diane Yerushalmi)
Translation for Yerushalmi, M., 2007.听. Lulu Enterprises, UK Ltd. (Editor: Diane Yerushalmi)