Dr Rhys Ap Gwilym
Senior Lecturer in Economics
Overview
Dr Rhys ap Gwilym is a Senior Lecturer in Economics at Bangor University’s Business School. He trained as a macroeconomist at Cardiff University, gaining his PhD on the “Macroeconomic Implications of Behavioural Finance Models” in 2009. His academic research has involved developing models which introduce behavioural factors into macroeconomic analysis (including DSGE models) and the analysis of financial instruments in a general equilibrium setting. He has published in journals including the Journal of Banking and Finance, Economics Letters and the Southern Economic Journal.
More recently, his research interests have evolved to cover spatial economics and public finance. He is currently working on a project examining how geographical differences in access to finance influence regional economic disparities; in particular the links between the financialization of land and regional economic development.
Rhys has a strong interest in regional development policy and its role in Wales in particular. He has been a principal investigator on two grant-funded research projects for the Welsh Government relating to land value tax and tourism taxes. He is a member of the Institute of Welsh Affairs’ Economic Policy Group, where he has been involved in the development of discussion papers on the Welsh economy. He recently contributed to the “expert roundtable on the Welsh tax base & implications for public policy”.
Additional Contact Information
Hen Goleg 1.16
r.a.gwilym@bangor.ac.uk
01248 38 8814
Teaching and Supervision
Rhys currently teaches 1st year Economics; and a 3rd year module in Financial Economics. He has previously taught courses in Macroeconomics, Microeconomics and Industrial Organisation as well as contributing topics on monetary economics, Brexit, public finance and regional economic development to other courses.
Publications
2024
- PublishedReview of impacts of visitor levies in global destinations
Ap Gwilym, R. & Osti, L., 25 Nov 2024, Welsh Government. 242 p.
Research output: Book/Report › Commissioned report - PublishedWhy you should expect to pay more tourist taxes – even though the evidence for them is unclear
Ap Gwilym, R. & Osti, L., 8 May 2024, The Conversation.
Research output: Contribution to specialist publication › Article
2022
- PublishedComparative analysis of the tax systems faced by the visitor economies in selected countries
ap Gwilym, R., Closs-Davies, S., Jones, E. & Rogers, H., 8 Nov 2022, GSR report number 70/2022 ed. Cardiff: Welsh Government.
Research output: Book/Report › Other report
2020
- PublishedA technical assessment of the potential for a local land value tax in Wales
ap Gwilym, R., Jones, E. & Rogers, H., 18 Mar 2020, 17/2020 ed. Caerdydd: Welsh Government.
Research output: Book/Report › Other report - PublishedFinancial Frictions and the Futures Pricing Puzzle
ap Gwilym, R., Ebrahim, M. S., el Alaoui, A. O., Rahman, H. & Taamouti, A., May 2020, In: Economic Modelling. 87, p. 358-371
Research output: Contribution to journal › Article › peer-review
2014
- PublishedIntegrating corporate ownership and pension fund structures: A general equilibrium approach
Ebrahim, M. S., Mathur, I. & ap Gwilym, R., 5 Aug 2014, In: Journal of Banking and Finance. 49, p. 553–569
Research output: Contribution to journal › Article › peer-review
2013
- PublishedCan position limits restrain ‘rogue’ trading?
ap Gwilym, R. & Ebrahim, M. S., 1 Mar 2013, In: Journal of Banking and Finance. 37, 3, p. 824-836
Research output: Contribution to journal › Article › peer-review - PublishedThe Monetary Policy Implications of Behavioral Asset Bubbles
ap Gwilym, R., 1 Jul 2013, In: Southern Economic Journal. 80, 1, p. 252-270
Research output: Contribution to journal › Article › peer-review - PublishedU.S. prompt corrective action and bank risk
ap Gwilym, R., Kanas, A. & Molyneux, P., 1 Oct 2013, In: Journal of International Financial Markets, Institutions and Money. 26, p. 239-257
Research output: Contribution to journal › Article › peer-review
2010
- PublishedCan behavioral finance models account for historical asset prices?
ap Gwilym, R., 1 Aug 2010, In: Economics Letters. 108, 2, p. 187-189
Research output: Contribution to journal › Article › peer-review
Activities
2024
- Understanding the Welsh tax base
Contribution to Finance Committee session
25 Sep 2024
Links:
Activity: Invited talk (Speaker) - Determining the most critical challenges to the implementation of a tourist levy scenario for Wales through the Best-Worst Method and Interpretive Structural Modelling
Presentation at the Operational research Society Annual Conference 2024
12 Sep 2024
Activity: Oral presentation (Speaker)
2023
- Response to UK Parliament Welsh Affairs Committee's Call for Evidence on the Impact of Population Change in Wales
22 Sep 2023
Links:
Activity: Other (Contributor) - BU-IIA Funded Project: Understanding the Welsh Tax Base
This project is aimed at establishing our group as a key centre of expertise for all those wishing to understand the context of taxation in Wales. Our vision is to leverage our research to enhance tax policy debates and inform public discourse, both in the run up to the 2026 Senedd elections and in relation to ongoing questions over Wales’s constitutional future.
Funding awarded through the Bangor University Innovation and Impact Award (Research Wales Innovation Funding). Value = £30,183
1 Aug 2023 – 31 Jul 2024
Activity: Other (Contributor)
2022
- Written response to Welsh Government Call for Evidence Consultation Phase: A Fairer Council Tax
Written evidence provided by Sara Closs-Davies, Rhys ap Gwilym, Helen Rogers and Edward Jones, to Welsh Government's Phase 1 Consultation on A Fairer Council Tax
11 Nov 2022
Links:
- https://www.gov.wales/sites/default/files/consultations/2022-12/46262-summary-responses.pdf
- https://www.gov.wales/fairer-council-tax
- Bangor Business School (Organisational unit)
Institute Of European Finance - Centre for Responsible Banking
2022 →
Links:
Activity: Membership of network (Member)
2019
- The impact of Business Rates on business inquiry
Written evidence submitted by Bangor Business School, Bangor University in response to the Treasury Committee, House of Commons (UK) inquiry on the impact of business rates on businesses.
30 Apr 2019
Activity: Types of External academic engagement - Contribution to the work of national or international committees and working groups (Contributor)
Projects
-
Comparative Analysis of the Tax Systems Faced by the Visitor Economies in Selected Countries
01/07/2022 – 30/01/2023 (Finished)
-
Technical assessment of the potential for a local Land Value Tax in Wales
01/10/2019 – 01/08/2020 (Finished)