Centre of Full Employment and Equity

The Centre of Full Employment and Equity (known as CofFEE) is an official research centre at the University of Newcastle.

Our mission is to promote research aimed at restoring full employment and achieving an economy that delivers equitable outcomes for all.

CofFEE advocates the implementation and maintenance of the Job Guarantee


CofFEE undertakes basic and applied research in areas such as macroeconomics, monetary systems, regional and urban economies, applied time series and spatial econometrics. CofFEE is one of the original developers of Modern Monetary Theory (MMT) and the concept of employment buffer stocks (Job Guarantee).

Our researchers also have a long record of completing research commissions for various clients including ILO, Asian Development Bank, European Commission, the Australian Government, various Trade Unions and industry associations. If you are interested in accessing our research expertise please contact our office.


CofFEE Director Professor Bill Mitchell introducing the new Macroeconomics textbook - March 1, 2019.

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The Director's daily blog provides commentary and analysis of economic events.

Modern Monetary Theory Textbook

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Our new textbook - Macroeconomics - was published by Macmillan in February 2019.