You will receive an annual stipend of £14,553 plus a fee waiver and will have access to student support funds in line with the wider doctoral training provision at ULMS. These fellowships will be open to all nationalities and subject areas. Home students receive a full School studentship (fees and maintenance grant). Overseas students will receive a fee contribution at Home/EU rates and the difference in cost must be paid by the applicant; the maintenance grant for Overseas students is identical to Home/EU students.
 While the literature has explored the role of sectoral shocks in aggregate fluctuations (e.g. Long and Plosser, 1983), the role of firms in the aggregate business cycle has received relatively little attention.
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