Industry Experience

Before commencing my PhD, I spent around five years as an econometrician in PwC's Economic Consulting team in London (2016–2020 and 2021–2022), working across causal inference, forecasting, Bayesian modelling and applied policy research. Selected projects are highlighted below.

2019 · Causal inference

Estimating the effect of SME lending on growth

I was lead econometrician on a project for a large global retail bank estimating the effect of SME lending products on subsequent revenue growth. Because the client observed only firms participating in its programme, we combined its data with a wider SME database and used non-parametric propensity-score caliper matching over a high-dimensional set of potential confounders to construct a comparison group. The analysis found positive effects on firm growth and contributed to the client's annual sustainability reporting.

Illustration of matched treated and control firms Propensity-score diagnostics
2017–2020; 2021–2022 · Forecasting & Bayesian modelling

Nowcasting UK GDP growth

I developed and maintained PwC's UK GDP nowcasting model, using high-frequency economic indicators to predict quarterly GDP before official releases. The system evolved from regularised high-dimensional regression to Bayesian variable-selection models with shrinkage priors and a bespoke MCMC algorithm, enabling sparse modelling, incorporation of prior economic structure and uncertainty quantification. The original model was published in the PwC UK Economic Outlook.

PwC UK GDP nowcasting model
2018 & 2020 · Causal inference & policy evaluation

Executive pay, share buybacks and investment

I was PwC's lead econometrician on two projects commissioned by the UK Department for Business, Energy and Industrial Strategy, in collaboration with Professor Alex Edmans at London Business School. We studied whether CEO incentive targets affected share buybacks and investment, using identification strategies including fuzzy regression discontinuity designs around earnings-per-share targets. The resulting reports are available from the UK Government: 2018 report and 2020 report.

Illustration of a regression discontinuity design Threshold comparisons for the executive-pay study
2018–2020 · Causal discovery & time-varying models

Marketing effectiveness for a global airline

Working with marketscience, I developed models for marketing allocation and sales attribution for a leading international airline. We used likelihood-based causal discovery to identify relationships between channels, confounders and mediators, together with non-stationary time-varying parameter models to separate short- and long-run marketing effects more flexibly than standard adstock approaches.

Marketing effectiveness illustration