Discussion papers
Our discussion papers share the findings of our research projects, and are meant to encourage dissemination with a wide audience of readers.
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Explore our discussion papers, listed by year of publication.
| Title | Authors | Series |
|---|---|---|
| Financial Constraints, Risk Sharing, and Optimal Monetary Policy | Aliaksandr Zaretski | DP 06/24 (PDF) |
| A General Theory of Tax-Smoothing | Anastasios G. Karantounias | DP 05/24 (PDF) |
| Estimation and Inference of the Forecast Error Variance Decomposition for Set-Identified SVARs | Joe Marlow & Alessio Volpicella | DP 04/24 (PDF) |
| Sovereign Default and FDI Transactions: Evidence from Argentina | Moonhee Cho & Hyungseok Joo | DP 03/24 (PDF) |
| Repo, Sponsored Repo and Macro-prudential Regulation | Miguel Fernandes & Mario Pascoa | DP 02/24 (PDF) |
| Misspecified Exponential Regressions: Estimation, Interpretation, and Average Marginal Effects | Joao M.C. Santos Silva | DP 01/24 (PDF) |
| Title | Authors | Series |
|---|---|---|
| The Effect of Dengue Fever on Schooling Outcomes | Martin Foureaux Koppensteiner | DP 14/23 (PDF) |
| Optimal Liquidity Provision and Interest Rate Rules: A Tale of Two Frictions | Paul Levine | DP 13/23 (PDF) |
| Imperfect Information and Hidden Dynamics | Paul Levine | DP 12/23 (PDF) |
| Sovereign Defaults and Public Investment (Capital) | Hyungseok Joo | DP 11/23 (PDF) |
| Short-term Rentals and Housing Market: Evidence from Portuguese Metropolitan Areas | Francisco Nobre | DP 10/23 (PDF) |
| Interest Rate Surprises: A Tale of Two Shocks | Ricardo Nunes | DP 09/23 (PDF) |
| House Price Expectations and Inflation Expectations: Evidence from Survey Data | Vedanta Dhamija, Ricardo Nunes, Roshni Tara | DP 08/23 (PDF) |
| Victimisation and Birth Outcomes | Martin Foureaux Koppensteiner | DP 07/23 (PDF) |
| Maternal Dengue and Health Outcomes of Children | Martin Foureaux Koppensteiner | DP 06/23 (PDF) |
| Business Improvement Districts and Housing Markets: Evidence from Neighborhoods in London | Stefano Cellini & Francisco Nobre | DP 05/23 (PDF) |
| Doubts About the Model and Optimal Policy | Anastasios G. Karantounias | DP 04/23 (PDF) |
| Sovereign Defaults and Debt Restructurings: Public Capital and Fiscal Constraint Tightness | Hyungseok Joo | DP 03/23 (PDF) |
| Negotiating the Wilderness of Bounded Rationality through Robust Policy | Paul Levine | DP 02/23 (PDF) |
| Identifying Monetary Policy Shocks Through External Variable Constraints | Francesco Fusari | DP 01/23 (PDF) |
Title | Authors | Series |
|---|---|---|
| Do professional year placements matter for job quality? The case of economics graduates | Panagiotis Arsenis | DP09/22 (PDF) |
| Maternal Dengue and Health Outcomes of Children | Martin Foureaux Koppensteiner | DP08/22 (PDF) |
| Monetary Policy and Exchange Rate Dynamics in a Behavioural Open Economy Model | Sahil Ravgotra | DP07/22 (PDF) |
| Effects of Information Quality on Signaling through Sovereign Debt Issuance | Hyungseok Joo | DP06/22 (PDF) |
| The Use and Mis-Use of SVARs for Validating DSGE Models | Paul Levine & Alessio Volpicella | DP05/22 (PDF) |
| Maternal Displacements during Pregnancy and the Health of Newborns | Martin Foureaux Koppensteiner | DP 04/22 (PDF) |
| Generalizing the Max Share Identification to multiple shocks identification: an Application to Uncertainty | Alessio Volpicella | DP 03/22 (PDF) |
| Import Liberalization as Export Destruction? Evidence from the United States | Holger Breinlich | DP 02/22 (PDF) |
| Protests and Police Militarization | Maurizio Zanardi | DP 01/22 (PDF) |
Title | Authors | Series |
|---|---|---|
| A Toolbox for Monetary Rule Mandates in a New Keynesian Framework | Paul Levine | DP 10/21 (PDF) |
| Limited Asset Market Participation and Monetary Policy in a Small Open Economy | Paul Levine | DP 09/21 (PDF) |
| Hysteresis in the New Keynesian Three Equation Model | Paul Levine | DP 08/21 (PDF) |
| Trade, Gravity and Aggregation | Holger Breinlich & J.M.C. Santos Silva | DP 07/21 (PDF) |
| Public Capital and Fiscal Constraint in Sovereign Debt Crises | Hyungseok Joo | DP 06/21 (PDF) |
| Machine Learning in International Trade Research - Evaluating the Impact of Trade Agreements | Holger Breinlich, Valentina Corradi & J.M.C. Santos Silva | DP 05/21 (PDF) |
| Optimal Lockdown in an Epidemiological-Macroeconomic Model | Paul Levine & Neil Rickman | DP 04/21 (PDF) |
| Imperfect Exchange Rate Pass-through: Empirical Evidence and Monetary Policy Implications | Maryam Mirfatah, Vasco J. Gabriel & Paul Levine | DP 03/21 (PDF) |
| Police Militarization and Local Elections | Maurizio Zanardi | DP 02/21 (PDF) |
| The Log of Gravity at 15 | Joao Santos Silva | DP 01/21 (PDF) |
Title | Authors | Series |
|---|---|---|
| Inside the White Box: Unpacking the Determinants of Quality and Vertical Specialization | Esteban Jaimovich | DP 06/20 (PDF) |
| DSGE Models under Imperfect Information: A Dynare-based Toolkit | Paul Levine | DP 05/20 (PDF) |
The Allocation OF Talent: (Conditionally accepted at Review of Economic Dynamics) | Kirill Shakhnov | DP 04/20 (PDF) |
| Individual Incentives and Workers’ Contracts: Evidence from a Field Experiment | Vasco J. Gabriel and Neil Rickman | DP 03/20 (PDF) |
| Monetary Growth Rules in an Emerging Open Economy | Maryam Mirfatah, Vasco J. Gabriel and Paul Levine | DP 02/20 (PDF) |
| Mandates and Monetary Rules a New Keynesian Framework | Paul Levine and Son T. Pham | DP 01/20 (PDF) |
Title | Authors | Series |
|---|---|---|
| Information, VARs and DSGE models | Paul Levine | DP 16/19 (PDF) |
Sovereign debt overhang, expenditure composition and debt restructurings | Hyungseok Joo | DP 15/19 (PDF) |
| On the strategic benefits of diversity | Martin Kaae Jensen | DP 14/19 (PDF) |
Understanding access barriers to public services: lessons from a randomised domestic violence intervention | Martin F. Koppensteiner | DP 13/19 (PDF) |
Designing robust monetary policy using prediction pools | Szabolcs Deák, Paul Levine | DP 12/19 (PDF) |
Sovereign debt restructurings: delays in renegotiations and risk averse creditors | Hyungseok Joo | DP 11/19 (PDF) |
Violence and human capital investments | Martin F. Koppensteiner | DP 10/19 (PDF) |
No-trade and refined equilibria for secured loans in infinite horizon | Mario Pascoa | DP 09/19 (PDF) |
Crashing of efficient stochastic bubbles | Mario Pascoa | DP 08/19 (PDF) |
Recourse loans and Ponzi schemes | Mario Pascoa | DP 07/19 (PDF) |
Endogenous discounting, wariness, and efficient capital taxation | Mario Pascoa | DP 06/19 (PDF) |
Standard setting organizations, information flows and business strategies: an empirical investigation | Paul Temple | DP 05/19 (PDF) |
Policy mandates and institutional architecture | Ioannis Lazopoulos, Vasco J. Gabriel | DP 04/19 (PDF) |
The state of DSGE modelling | Paul Levine | DP 03/19 (PDF) |
Behavioural new Keynesian models | Robert Calvert Jump, Paul Levine | DP 02/19 (PDF) |
Optimal taxation and debt management without commitment | Ricardo Nunes | DP 01/19 (PDF) |
| Title | Authors | Series |
|---|---|---|
Effects of market structure and patient choice on hospital quality for planned patients | Giuseppe Moscelli, Hugh Gravelle, Luigi Siciliani | DP 11/18 (PDF) |
Inflation expectations and non-linearities in the Philips curve | Ricardo Nunes | DP 10/18 (PDF) |
The economic effects of Brexit - evidence from the stock market | Holger Breinlich, Elsa Leromain, Dennis Novy, Thomas Sampson, Ahmed Usman | DP 09/18 (PDF) |
Merger policy in a quantitative model of | Holger Breinlich, Volker Nockez, Nicolas Schutzx | DP 08/18 (PDF) |
Institutional setups of monetary policy and banking regulation and supervision - a survey | Diana Lima | DP 07/18 (PDF) |
Bootstrap inference for penalized gmm estimators with oracle properties | Lorenzo Camponovo | DP 06/18 (PDF) |
Relative error accurate statistic based on non-parametric likelihood | Lorenzo Camponovo, Taisuke Otsu | DP 05/18 (PDF) |
Predictability hidden by anomalous observations | Lorenzo Camponovo, Olivier Scaillet, Fabio Trojani | DP 04/18 (PDF) |
Non-parametric likelihood for volatility under high frequency data | Lorenzo Camponovo, Yukitoshi Matsushita, Taisuke Otsu | DP 03/18 (PDF) |
Financial crisis, monetary base expansion and risk | Stylianos Tsiaras | DP 02/18 (PDF) |
Roadways, input sourcing, and patterns of specialisation | Esteban Jaimovich | DP 01/18 (PDF) |
| Title | Authors | Series |
|---|---|---|
| Reconciling Jaimovich-Rebello preferences, habit in consumption and labour supply | Tom Holden, Paul Levine, Jonathan Swarbrick | DP 10/17 (PDF) |
Internal rationality, heterogeneity, and complexity in the new Keynesian model | Cars Hommes, Robert Calvert Jump, Paul Levine | DP 09/17 (PDF) |
Internal rationality, learning and imperfect information | Szabolcs Deák, Paul Levine, Joseph Pearlman, Bo Yang | DP 08/17 (PDF) |
Determinants of repo haircuts and bankruptcy | Jean-Marc Bottazzi, Mario Pascoa, Guillermo Ramirez | DP 07/17 (PDF) |
The impact of free early childhood education and care on educational achievement: a discontinuity approach investigating both quantity and quality of provision | Jo Blanden, Emilia Del Bono, Kirstine Hansen, Birgitta Rabe | DP 06/17 (PDF) |
Equilibrium in fx swap markets: funding pressures and the cross-currency basis | Jean-Marc Bottazzi, Jaime Luque, Mario Pascoa | DP 05/17 (PDF) |
Regulating the repo market: implications for leverage dynamics and bubbles | Jean-Marc Bottazzi, Jaime Luque, Mario Pascoa | DP 04/17 (PDF) |
Student academic performance and professional training year | Panagiotis Arsenis, Miguel Flores | DP 03/17 (PDF) |
Optimal fiscal and monetary policy, debt crisis and management | Cristiano Cantore, Paul Levine, Giovanni Melina, Joseph Pearlman | DP 02/17 (PDF) |
Unravelling the skill premium | Peter mcadam, Alpo Willman | DP 01/17 (PDF) |
| Title | Authors | Series |
|---|---|---|
Delphic and Odyssean monetary policy shocks: evidence from the euro-area | Philippe Andrade, Filippo Ferroni | DP 12/16 (PDF) |
Velocity in the long run: money and structural transformation | Antonio Mele, Radoslaw Stefanski | DP 11/16 (PDF) |
Quality growth: from process to product innovation along the path of development | Esteban Jaimovich | DP 10/16 (PDF) |
Truth-tracking judgment aggregation over interconnected issues | Irem Bozbay | DP 09/16 (PDF) |
Exact likelihood inference in group interaction network models | Grant Hillier, Federico Martellosio | DP 08/16 (PDF) |
Exact properties of the maximum likelihood estimator in spatial autoregressive models | Grant Hillier, Federico Martellosio | DP 07/16 (PDF) |
The effect of financial regulation mandate on inflation bias: a dynamic panel approach | Diana Lima, Ioannis Lazopoulos, Vasco Gabriel | DP 06/16 (PDF) |
Short sales and shareholders' unanimity | Jean-Marc Bottazzi, Mario R. Pascoa and Guillermo Ramírez | DP 05/16 (PDF) |
On the efficiency of monetary equilibrium when agents are wary | Aloisio Araujo, Juan Pablo Gama-Torres, Rodrigo Novinski and Mario R. Pascoa | DP 04/16 (PDF) |
An estimated DSGE open-economy model of the Indian economy with financial frictions | Vasco Gabriel, Paul Levine and Bo Yang | DP 03/16 (PDF) |
On the persistence of cross-country inequality measures | Dimitris Christopoulos and Peter mcadam | DP 02/16 (PDF) |
Agent-based macroeconomics and dynamic stochastic general equilibrium models: where do we go from here? | Özge Dilaver, Robert Jump and Paul Levine | DP 01/16 (PDF) |
| Title | Authors | Series |
|---|---|---|
Optimal fiscal and monetary policy, debt crisis and management | Cristiano Cantore, Paul Levine, Giovanni Melina and Joseph Pearlman | DP 05/15 (PDF) |
Efficiency, inefficiency and the mena frontier | Dimitris Christopoulos and Peter mcadam | DP 04/15 (PDF) |
Consistent estimation in large heterogeneous panels with multifactor structure and endogeneity | Giovanni Forchini, Bin Jiang and Bin Peng | DP 03/15 (PDF) |
On the perils of stabilising prices when agents are learning | Antonio Mele, Krisztina Molnár and Sergio Santoro | DP 02/15 (PDF) |
Military aid, direct intervention and counter terrorism | Maria Garcia-Alonso, Paul Levine and Ron Smith | DP 01/15 (PDF) |
| Title | Authors | Series |
|---|---|---|
Diffusion of multiple information | Nicole Tabasso | DP 09/14 (PDF) |
The international policy trilemma in the post-Bretton woods era | Alex Mandilaras | DP 08/14 (PDF) |
Deep versus superficial habit: it’s all in the persistence | Cristiano Cantore, Paul Levine and Giovanni Melina | DP 07/14 (PDF) |
Transitions in exchange rate regimes in the aftermath of the global economic crisis | Graham Bird and Alex Mandilaras | DP 06/14 (PDF) |
Does tenure make researchers less productive? The case of the “specialist” | João Ricardo Faria and Peter mcadam | DP 05/14 (PDF) |
CES technology and business cycle fluctuations | Cristiano Cantore, Paul Levine, Joseph Pearlman and Bo Yang | DP 04/14 (PDF) |
Risk aversion in a model of endogenous growth | Christian Chiglino and Nicole Tabasso | DP 03/14 (PDF) |
Kant’s endogenous growth mechanism | Gabriel Fagan, Vitor Gaspar and Peter mcadam | DP 02/14 (PDF) |
A general result on observational equivalence in a class of nonparametric structural equations models | Giovanni Forchini | DP 01/14 (PDF) |
| Title | Authors | Series |
|---|---|---|
Shocking stuff: technology, hours, and factor substitution | Cristiano Cantore, Miguel A. León-Ledesma, Peter mcadam and Alpo Willman | DP 09/13 (PDF) |
From social contract to Arab spring: macroeconomic adjustment under regime change | João Ricardo Faria and Peter Mc Adam | DP 08/13 (PDF) |
On habit and the socially efficient level of consumption and work effort | Paul Levine, Peter mcadam and Peter Welz | DP 07/13 (PDF) |
Standards, learning and growth in Britain 1901-2009 | Christopher Spencer and Paul Temple | DP 06/13 (PDF) |
Monetary and fiscal rules in normal and abnormal times | Cristiano Cantore, Paul Levine, Giovanni Melina and Joseph Pearlman | DP 05/13 (PDF) |
The RBC view of Pakistan: a declaration of stylized facts and essential models | M. Ali Choudhary and Farooq Pasha | DP 04/13 (PDF) |
Wage growth and human capital in the UK finance sector | Joanne Lindley | DP 03/13 (PDF) |
Sticky wages in a developing country: lessons from structured interviews in Pakistan | Waqas Ahmed, M. Ali Choudhary, Sajawal Khan, Saima Mahmood and Gylfi Zoega | DP 02/13 (PDF) |
Bootstrapping tests for jumps with an application to test averaging | Ana-Maria Dumitru | DP 01/13 (PDF) |
| Title | Authors | Series |
|---|---|---|
Efficient simulation of DSGE models with inequality constraints | Tom Holden and Michael Paetz | DP 16/12 (PDF) |
Learning from learners | Tom Holden | DP 15/12 (PDF) |
Medium-frequency cycles and the remarkable near trend-stationarity of output | Tom Holden | DP 14/12 (PDF) |
Explaining shifts in exchange rate regimes | Graham Bird, Alex Mandilaras and Helen Popper | DP 13/12 (PDF) |
Will Europe’s fiscal compact help avoid future economic crises? | Graham Bird and Alex Mandilaras | DP 12/12 (PDF) |
Measuring financial contagion with extreme co-exceedances | Apostolos Thomadakis | DP 11/12 (PDF) |
Imperfect information, optimal monetary policy and informational consistency | Paul Levine, Joseph Pearlman and Bo Yang | DP 10/12 (PDF) |
Technology, utilisation and inflation: what drives the new Keynesian-Philips curve? | Peter mcadam and Alpo Willman | DP 09/12 (PDF) |
Openness, efficiency and technology: an industry assessment | Dimitris Christopoulos and Peter mcadam | DP 08/12 (PDF) |
Endogenous growth and consumption aggregation | Nicole Tabasso | DP 07/12 (PDF) |
Contagion or flight-to-quality phenomena in stock and bond returns | Apostolos Thomadakis | DP 06/12 (PDF) |
A fiscal stimulus with deep habits and optimal monetary policy | Cristiano Cantore, Paul Levine, Giovanni Melina and Bo Yang | DP 05/12 (PDF) |
A new perspective on the gold standard: inflation as a population phenomenon | Joao Ricardo Faria and Peter mcadam | DP 04/12 (PDF) |
Structural equations and invariance | Giovanni Forchini | DP 03/12 (PDF) |
Bank lending and monetary shocks: an empirical investigation | Amjad Ali, M. Ali Choudhary, Shah Hussain and Vasco J. Gabriel | DP 02/12 (PDF) |
Consistent estimation of panel data models with a multi-factor error structure | Ben Ping and Giovanni Forchini | DP 01/12 (PDF) |
| Title | Authors | Series |
|---|---|---|
A fiscal stimulus and jobless recovery | Cristiano Cantore, Paul Levine and Giovanni Melina | DP 11/11 (PDF) |
Formal sector price discoveries: results from a developing country | M. Ali Choudhary, Saima Naeem, Abdul Faheem, Nadim Haneef and Farooq Pasha | DP 10/11 (PDF) |
Delegation to independent regulators and the ratchet effect | Joanne Evans, Paul Levine, Neil Rickman and Francesc Trillas | DP 09/11 (PDF) |
Identification of monetary policy in SVAR models: a data-oriented perspective | Matteo Fragetta and Giovanni Melina | DP 08/11 (PDF) |
Informality, frictions and monetary policy | Nicoletta Batini, Paul Levine, Emanuela Lotti and Bo Yang | DP 07/11 (PDF) |
Is there a Beijing consensus on international macroeconomic policy? | Graham Bird, Alex Mandilaras and Helen Popper | DP 06/11 (PDF) |
Getting normalisation right: dealing with 'dimensional constants' in macroeconomics | Cristiano Cantore and Paul Levine | DP 05/11 (PDF) |
Aggregate stability and balanced-budget rules | Matteo Ghilardi and Raffaele Rossi | DP 04/11 (PDF) |
Trilemma stability and international macroeconomic archetypes | Helen Popper, Alex Mandilaras and Graham Bird | DP 03/11 (PDF) |
The costs and benefits of informality | Nicoletta Batini, Paul Levine and Emanuela Lotti | DP 02/11 (PDF) |
The gender dimension of technical change and task inputs | Joanne Lindley | DP 01/11 (PDF) |
| Title | Authors | Series |
|---|---|---|
An estimated DSGE model of the Indian economy | Vasco J Gabriel, Paul Levine, Joseph Pearlman and Bo Yang | DP 12/10 (PDF) |
An efficient test of fiscal sustainability | Vasco J Gabriel and Pataaree Sangduan | DP 11/10 (PDF) |
The cost channel reconsidered: a comment using an identification-robust approach | Vasco J Gabriel and Luis F Martins | DP 10/10 (PDF) |
Cointegration tests under multiple regime shifts: an application to the stock price-dividend relationship | Vasco J Gabriel and Luis F Martins | DP 09/10 (PDF) |
A comparison of earnings and occupational attainment of refugees and asylum seekers and economic immigrants in the UK | Rukhsana Kausar and Stephen Drinkwater | DP 08/10 (PDF) |
Optimal intermediation under aggregate consumption uncertainty | Ioannis Lazopoulos | DP 07/10 |
Migration, skill composition and growth | Young-Bae Kim, Paul Levine and Emanuela Lotti | DP 06/10 (PDF) |
The gender dimension of technical change and job polarisation | Jo Lindley | DP 05/10 (PDF) |
A floating versus managed exchange rate regime in a dsge model of india | Nicoletta Batini, Vaco Gabriel, Paul Levine and Joseph Pearlman | DP 04/10 (PDF) |
Endogenous persistence in an estimated dsge model under imperfect information | Paul Levine, Joseph Pearlman, George Perendia and Bo Yang | DP 03/10 (PDF) |
Monetary policy in an uncertain world: probability models and the design of robust monetary rules | Paul Levine | DP 02/10 (PDF) |
Is the over-education wage penalty permanent? | Joanne Lindley and Steven mcintosh | DP 01/10 (PDF) |
| Title | Authors | Series |
|---|---|---|
Informal labour and credit markets: a survey | Nicoletta Batini, Young-Bae Kim, Paul Levine and Emanuela Lotti | DP 06/09 (PDF) |
Once bitten: the effect of IMF programs on subsequent reserve behaviour | Graham Bird and Alex Mandilaras | DP 05/09 (PDF) |
Reform and competitive selection in china: an analysis of firm exits | Qing Gong Yang and Paul Temple | DP 04/09 (PDF) |
Assessing fiscal sustainability subject to policy changes: a Markov switching cointegration approach | Vasco Gabriel and Pataaree Sangduan | DP 03/09 (PDF) |
Military expenditure and economic growth literature: a meta-analysis | Aynur Alptekin and Paul Levine | DP 02/09 (PDF) |
Conflict, growth and welfare: can increasing property rights really be counterproductive? | Aynur Alptekin and Paul Levine | DP 01/09 (PDF) |
| Title | Authors | Series |
|---|---|---|
Is there a trade-off between regional growth and national income? Theory and evidence from the EU | Young-Bae Kim | DP 10/08 (PDF) |
Happiness inertia: analytical aspects of the Easterlin paradox | Ali Choudhary, Paul Levine, Peter mcadam and Peter Welz | DP 09/08 (PDF) |
Neural network models for inflation forecasting: an appraisal | Ali Choudhary and Adnan Haider | DP 08/08 (PDF) |
Entrepreneurship, spillovers and productivity growth in the small firm sector of UK manufacturing | Hany El Shamy and Paul Temple | DP 07/08 (PDF) |
Taylor-type rules versus optimal policy in a Markov-switching economy | Fernando Alexandre, Pedro Bassao and Vasco Gabriel | DP 06/08 (PDF) |
How forward-looking is the fed? Direct estimates from a 'calvo-type' rule | Vasco Gabriel, Paul Levine and Christopher Spencer | DP 05/08 (PDF) |
On the (ir)relevance of direct supply-side effects of monetary policy> | Vasco Gabriel, Paul Levine, Christopher Spencer and Bo Yang | DP 04/08 (PDF) |
Panic on the streets of London: police, crime and the July 2005 terror attacks | Mirko Draca, Stephen Machin and Robert Witt | DP 03/08 (PDF) |
Robust inflation-targeting rules and the gains from international policy coordination> | Paul Levine, Joseph Pearlman and Peter Welz | DP 02/08 (PDF) |
Determining constituency marginality in the UK using the expense claims of MPS | Tim Bale, Barry Reilly and Robert Witt | DP 01/08 (PDF) |
| Title | Authors | Series |
|---|---|---|
The determinants of base pay and the role of race in major league soccer: evidence from the 2007 league season | Barry Reilly and Robert Witt | DP 19/07 (PDF) |
The credibility problem revisited: thirty years on from Kydland and Prescott | Paul Levine, Joseph Pearlman and Bo Yang | DP 18/07 (PDF) |
Fiscal policy in a monetary union: can fiscal cooperation be counterproductive? | Luisa Lambertini, Paul Levine and Joseph Pearlman | DP 17/07 (PDF) |
Estimating DSGE models under partial information | Paul Levine, Joseph Pearlman and George Perendia | DP 16/07 (PDF) |
Growth and welfare effects of east-west European migration | Paul Levine, Emanuela Lotti, Joseph Pearlman and Richard Pierse | DP 15/07 (PDF) |
What macroeconomics conditions best explain southeast Asian capital flows? | Alex Mandilaras and Helen Popper | DP 14/07 (PDF) |
Foreign exchange pressures in Latin America: does debt matter? | Graham Bird and Alex Mandilaras | DP 13/07 (PDF) |
Revisiting Mrs. Machlup's wardrobe: the accumulation of international reserves, 1992-2001 | Graham Bird and Alex Mandilaras | DP 12/07 (PDF) |
Channel trading and imperfect competition: good trades and bad trades | Paul Levine and Neil Rickman | DP 11/07 (PDF) |
Optimal administered incentive pricing of spectrum | Paul Levine and Neil Rickman | DP 10/07 (PDF) |
Monetary policy coordination revisited in a two-block DSGE model | Paul Levine, Joseph Pearlman and Richard Pierse | DP 09/07 (PDF) |
Monetary rules in emerging economies with financial market imperfections | Nicoletta Batini, Paul Levine and Joseph Pearlman | DP 08/07 (PDF) |
Robust monetary rules under unstructured and structured model uncertainty | Paul Levine and Joseph Pearlman | DP 07/07 (PDF) |
Spectrum property rights versus a commons model: exploitation of mesh networks | Paul Levine, Klaus Moessner and Neil Rickman | DP 06/07 (PDF) |
Anglo-Dutch, split-award spectrum actions with a downstream market | Parimal Bag, Paul Levine and Neil Rickman | DP 05/07 (PDF) |
The IMF: a bird's eye view of its role and operations | Graham Bird | DP 04/07 (PDF) |
Accounting for intergenerational income persistence: noncognitive skills, ability and education | Jo Blanden, Paul Gregg and Lindsey MacMillan | DP 03/07 (PDF) |
The IMF's role in mobilizing private capital flows: are there grounds for catalytic conversion? | Graham Bird and Dane Rowlands | DP 02/07 (PDF) |
The analysis of catalysis: IMF programs and private capital flows | Graham Bird and Dane Rowlands | DP 01/07 (PDF) |
| Title | Authors | Series |
|---|---|---|
Lobbies, delegation and the under-investment problem in regulation | Joanne Evans, Paul Levine and Fransesc Trillas | DP 20/06 (PDF) |
Labour market and investment effects of remittances | Stephen Drinkwater, Paul Levine and Emanuela Lotti | DP 19/06 (PDF) |
What determines the implementation of IMF programs? | Ozlem Arpac, Graham Bird and Alex Mandilaras | DP 18/06 (PDF) |
Poles apart? Eu enlargement and the labour market outcomes of immigrants in the UK | Stephen Drinkwater, John Eade and Michal Garapich | DP 17/06 (PDF) |
Explaining IMF arrangements: was Asia different? | Graham Bird and Dane Rowlands | DP 16/06 (PDF) |
The implementation of IMF programs: a conceptual framework | Graham Bird | DP 15/06 (PDF) |
Measurement, technological capability, and intra-industry trade: evidence from the EU | Ali Choudhary, Paul Temple and Lei Zhao | DP 14/06 (PDF) |
Mind the gap: a comment on aggregate productivity and technology | Ali Choudhary and Vasco Gabriel | DP 13/06 (PDF) |
Dynamics and diversity: ethnic employment differences in England and Wales, 1991 - 2001 | Kenneth Clark and Stephen Drinkwater | DP 12/06 (PDF) |
The dynamic wage bargaining problem | Renuka Metcalfe | DP 11/06 (PDF) |
Terminal conditions in forward-looking economics model | Richard Pierse | DP 10/06 (PDF) |
Optimal control in nonlinear models: a generalised gauss-newton algorithm with analytic derivatives | Richard Pierse | DP 09/06 (PDF) |
Central bank independence and the "free lunch puzzle": a new perspective | Ali al-Nowaihi, Paul Levine and Alex Mandilaras | DP 08/06 (PDF) |
Necessary and sufficient conditions for latent separability | Ian A. Crawford | DP 07/06 (PDF) |
Reaction functions of Bank of England MPC members: insiders versus outsiders | Christopher Spencer | DP 06/06 (PDF) |
The 24/7 society and multiple habits | Ali Choudhary and Paul Levine | DP 05/06 (PDF) |
Public debt maturity and currency crises | Paul Levine, Alexandros Mandilaras and Jun Wang | DP 04/06 (PDF) |
The dissent voting behaviour of bank of Bank of England MPC members | Christopher Spencer | DP 03/06 (PDF) |
Robust estimates of the new Keynesian Phillips curve | Luis Martins and Vasco Gabriel | DP 02/06 (PDF) |
Price regulation and the commitment problem: can limited capture be beneficial? | Paul Levine, Neil Rickman and Francesc Trillas | DP 01/06 (PDF) |
| Title | Authors | Series |
|---|---|---|
A note on: jury size and the free rider problem | Parimal Kanti, Paul Levine and Christopher Spencer | DP 17/05 (PDF) |
The hazard of being an English football league manager: empirical estimates from the 2002/3 season | Ray Bachan, Barry Reilly and Robert Witt | DP 16/05 (PDF) |
Consensus formation in monetary policy committees | Christopher Spencer | DP 15/05 (PDF) |
On the stability of the wealth effect | Fernando Alexandre, Pedro Bagco and Vasco Gabriel | DP 14/05 (PDF) |
IMF quotas: constructing an international organisation using inferior building blocks | Graham Bird and Dane Rowlands | DP 13/05 (PDF) |
A nonparametric test of stochastic dominance in multivariate distributions | Ian Crawford | DP 12/05 (PDF) |
The IMF and the mobilization of foreign aid | Graham Bird and Dane Rowlands | DP 11/05 (PDF) |
Identifying externalities in UK manufacturing using direct estimation of an average cost function | Ciaran Driver, Paul Temple and Giovanni Urga | DP 10/05 (PDF) |
Should it be curtains for some of the IMF 's lending windows? | Graham Bird and Dane Rowlands | DP 09/05 (PDF) |
Contrasts between classes of assets in fixed investment equations as a way of testing real option theory | Ciaran Driver, Paul Temple and Giovanni Urga | DP 08/05 (PDF) |
Bi-polar disorder: exchange rate regimes, economics crises and the IMF | Graham Bird and Dane Rowlands | DP 07/05 (PDF) |
The viability of economics reform programs supported by the international financial institutions | Graham Bird, Wolfgang Mayer and Alex Mourmouras | DP 06/05 (PDF) |
Over-optimism and the IMF | Graham Bird | DP 05/05 (PDF) |
Explaining the diversity of industry investment responses to uncertainty using long run panel survey data | Ciaran Driver, Paul Temple and Giovanni Urga | DP 04/05 (PDF) |
Revealed preference analysis of characteristics models | Laura Blow, Martin Browning and Ian Crawford | DP 03/05 (PDF) |
Beneficial collusion in corruption control: the case of nonmonetary penalties | Mehmet Bac and Parimal Kanti Bag | DP 02/05 (PDF) |
Favouritism and financial incentives: a natural experiment | Neil Rickman and Robert Witt | DP 01/05 (PDF) |
| Title | Authors | Series |
|---|---|---|
Everyone's a winner? Union effects on persistence in private sector wage settlements: longitudinal evidence from Britain | Donna Brown, Peter Ingram and Jonathan Wadsworth | DP 11/04 (PDF) |
Institutions and long-run growth in the UK: the role of standards | Paul Temple, Robert Witt and Chris Spencer | DP 10/04 (PDF) |
Strategic procurement, openness and market structure | Maria Garcia-Alonso and Paul Levine | DP 09/04 (PDF) |
Robust inflation-forecast-based rules to shield against indeterminacy | Nicoletta Batini, Alejandro Justiniano, Paul Levine and Joseph Pearlman | DP 08/04 (PDF) |
Can risk aversion in firms reduce unemployment persistence? | Ali Choudhary and Paul Levine | DP 07/04 (PDF) |
Migration and labour market differences: the case of wales | Stephen Drinkwater and David Blackaby | DP 06/04 (PDF) |
The transition from welfare to work | Robert J. Lemke, Robert J. Witt and Ann Dryden Witte | DP 05/04 (PDF) |
Connecting people | Ali Choudhary | DP 04/04 (PDF) |
Liability, insurance and defensive medicine: new evidence | Paul Fenn, Alastair Gray and Neil Rickman | DP 03/04 (PDF) |
Indeterminacy with inflation-forecast-based rules in a two-bloc model | Nicoletta Batini, Paul Levine and Joseph Pearlman | DP 02/04 (PDF) |
Shareholder value or competitive advantage? Evidence from hurdle rates | Ciaran Driver and Paul Temple | DP 01/04 (PDF) |
| Title | Authors | Series |
|---|---|---|
Estimating the willingness to move within Great Britain: importance and implications | Stephen Drinkwater | DP 12/03 (PDF) |
Are performance conditions on executive options driven by fundamentals? | Ali Choudhary and J. Michael Orszag | DP 11/03 (PDF) |
The implementation of IMF programmes: a conceptual framework and a policy agenda | Graham Bird | DP 10/03 (PDF) |
Have industrial relations in the UK really improved? | Stephen Drinkwater and Peter Ingram | DP 09/03 (PDF) |
Pay settlements and nominal wage rigidity in Britain | Donna Brown, Peter Ingram and Jonathan Wadsworth | DP 08/03 (PDF) |
Determinants of employee crime in the UK | Neil Rickman and Robert Witt | DP 07/03 (PDF) |
Price regulation, investment and the commitment problem | Neil Rickman and Paul Levine | DP 06/03 (PDF) |
Go west? Assessing the willingness to move from central and eastern European counties | Stephen Drinkwater | DP 05/03 (PDF) |
Independent utility regulators: lessons from monetary policy | Paul Levine, Jon Stern and Francesc Trillas | DP 04/03 (PDF) |
Self-stabilizing firms and unemployment persistence | Ali Choudhary and Paul Levine | DP 03/03 (PDF) |
The immigration surplus revisited in a general equilibrium model with endogenous growth | Paul Levine, Emanuela Lotti and Joseph Pearlman | DP 02/03 (PDF) |
The economics impact of migration: a survey | Stephen Drinkwater, Paul Levine, Emanuela Lotti and Joseph Pearlman | DP 01/03 (PDF) |
| Title | Authors | Series |
|---|---|---|
Back from the dead? The return of energy policy | Colin Robinson | SEEDS 104 |
| Title | Authors | Series |
|---|---|---|
An empirical analysis of the long-run energy demand in japan: 1887-1998 | Yasushi Ninomiya | SEEDS 103 |
Efficiency and performance in the gas industry | David Hawdon | SEEDS 102 |
A general approach to the solution of nonlinear rational expectations models | Andrew P. Blake and Richard G. Pierse | ECON 4/00 (PDF) |
Crime causation: economic theories | Ann Dryden Witte and Robert Witt | ECON 3/00 (PDF) |
Public debt and inflation: the role of inflation-sensitive instruments | Alexandros Mandilaras and Paul Levine | ECON 2/00 (PDF) |
Patient choice and primary care | Heather Gage and Neil Rickman | ECON 1/00 (PDF) |
Moving towards competition in water: lessons from gas and electricity regulation | Colin Robinson | SEEDS 101 |
UK privatisation: retrospect and prospect | Clare Spottiswoode, Eileen Marshall, Michael Parker and Frank Cronin | SEEDS 100 |
Modelling technical progress: an application of the stochastic trend model to UK energy demand | Lester C. Hunt, Guy Judge and Yasushi Ninomiya | SEEDS 99 |
| Title | Authors | Series |
|---|---|---|
Regional variations of the demand for arms trade: an empirical study of global panel data | Fotis Mouzakis | ECON 2/99 |
The influence of uncertainty of investment in the UK: a macro or micro phenomenon? | Paul Temple, Ciaran Diver and Giovanni Urga | ECON 1/99 (PDF) |
Regulatory reform of the UK gas market - the case of the storage auction | David Hawdon and Nicola Stevens | SEEDS 98 (PDF) |
Estimating the demand for energy in Jordan: a Stock-Watson dynamic OLS (DOLS) approach | Ahmed Al-Azzam and David Hawdon | SEEDS 97 (PDF) |
Catalysis of direct borrowing: the role of the IMF in mobilising private capital | Graham Bird and Dane Rowlands | SCIES 99/7 |
IMF lending: how is it affected by economic, political and institutional factors? | Graham Bird and Dane Rowlands | SCIES 99/6 |
Does IMF conditionality signal policy credibility to markets? | Graham Bird and Dane Rowlands | SCIES 99/5 |
Does the World Bank catalyse other financial flows? | Graham Bird and Dane Rowlands | SCIES 99/4 |
The catalyzing role of policy-based lending by the IMF and the World Bank: fact or fiction? | Graham Bird, Antonella Mori and Dane Rowlands | SCIES 99/3 |
Do the multilaterals catalyse other capital flows? What evidence does the case study evidence show? | Graham Bird, Antonella Mori and Dane Rowlands | SCIES 99/2 |
Reforming the IMF: long term lessons from short-term crises | Graham Bird | SCIES 99/1 |
| Title | Author | Series |
|---|---|---|
The policy of power and the power of policy: energy policy in Honduras | Lester C. Hunt, Claudio Salgado and Andy Thorpe | SEEDS 96 (PDF) |
Efficiency considerations in the Electricity supply industry: the case of Iran | Ali Emami Meibodi | SEEDS 95 (PDF) |
Economic models of OPEC behaviour and the role of Saudi Arabia | Nourah A. Al-Yousef | SEEDS 94 (PDF) |
Growing at different rates | Thomas Krichel | ECON 01/98 (PDF) |
Modelling Saudi Arabia behaviour in the world oil market 1976-1996 | Nourah A. Al-Yousef | SEEDS 93 |
The socio-economic impact of renewable energy technologies | Hayley Myles | SEEDS 92 |
Pressure groups and political forces in Britain's privatisation programme | Colin Robinson | SEEDS 91 (PDF) |
Mutual deposit taking: a welfare analysis | Alistair Milne | SCIES 98/2 |
Bank capital and risk taking | Alistair Milne and A. Elizabeth Whalley | SCIES 98/1 |
| Title | Authors | Series |
|---|---|---|
The welfare economics of rural to urban migration: the Harris-Todaro model revisited | Thomas Krichel and Paul Levine | ECON 02/97 (PDF) |
Fiscal policy after Maastricht | Marco Catenaro | ECON 01/97 (PDF) |
Environmental information and the demand for super unleaded petrol in the UK | Roger Fouquet | SEEDS 90 |
Monetary union: the ins and outs of strategic delegation | Paul Levine and Joseph Pearlman | SCIES 97/6 |
Domestic procurement, subsidies and the arms trade | Mary Carmen Garcia-Alonso and Paul Levine | SCIES 97/5 |
Conditionally, credibility and catalysis: a theory discredited | Graham Bird | SCIES 97/4 |
How important is sound domestic macroeconomics in attracting capital inflows to developing countries? | Graham Bird | SCIES 97/3 |
The catalytic effect of lending by the international financial institutions? | Graham Bird and Dane Rowlands | SCIES 97/2 |
Is Asian growth a threat to the West? | Paul Levine | SCIES 97/1 |
| Title | Authors | Series |
|---|---|---|
Contingent fees and litigation settlement | Neil Rickman | ECON 09/96 |
The arms trade: some theories and econometrics | Paul Levine, Fotis Mouzakis and Ron Smith | ECON 08/96 |
Are higher long-term unemployment rates associated with higher crime? | Robert Witt, Alan Clarke and Nigel Fielding | ECON 07/96 |
Common stochastic trends, cycles and sectoral fluctuations: a study of output in the UK | Anthony Garratt and Richard G. Pierse | ECON 06/96 (PDF) |
Explaining breast cancer mortality in England: the effect of socio-economic factors and health care services | Heather Gage and Roger Fouquet | ECON 05/96 (PDF) |
The role of screening in reducing invasive cervical cancer registrations in England | Roger Fouquet and Heather Gage | ECON 4/96 |
Crime, regions and the labour market | Robert Witt, Alan Clarke and Nigel Fielding | ECON 3/96 |
Population health outcome indicators and public health policy formation in England | Heather Gage and Roger Fouquet | ECON 2/96 |
The level and power of the bootstrap t-test in the trend model with AR(1) errors | John C. Nankervis and N. E. Savin | ECON 1/96 |
Buffer stock saving with uninsurable income shocks | Alistair Milne and A. Elizabeth Whalley | Online 9604 |
New analysis of a model of time to build | Alistair Milne and A. Elizabeth Whalley | Online 9603 |
Dynamic aspect of growth and fiscal policy | Thomas Krichel and Paul Levine | Online 9601 |
Petrol price asymmetries revisited | Barry Reilly and Robert Witt | SEEDS 89 |
UK energy policy: findings from two surveys | Peter J G Pearson and Roger Fouquet | SEEDS 87 |
The effectiveness of conditionality and the political economy of policy reform: is it simply a matter of political will? | Graham Bird | SCIES 96/0 |
The rise and fall of the SDR: the political economy of an international reserve asset | Graham Bird | SCIES 96/9 |
Phases of imitation and innovation in a North-South endogenous growth model | David Currie, Paul Levine, Joseph Pearlman and Michael Chui | SCIES 96/8 |
Independent but accountable: Walsh contracts and the credibility problem | Ali al-Nowaihi and Paul Levine | SCIES 96/7 |
Does pre-commitment raise growth? Dynamic aspects of growth and fiscal policy | Paul Levine and Thomas Krichel | SCIES 96/6 |
The arms trade and the stability of regional arms races | Paul Levine | SCIES 96/5 |
External financing and balance of payments adjusting in developing countries: how to get the right mix | Graham Bird | SCIES 96/4 |
Can neoliberalism survive in Latin America? | Graham Bird and Ann Helwege | SCIES 96/3 |
Financing constraints and reordering rules | Alistair Milne | SCIES 96/2 |
Recidivism and borrowing from the IMF: how to kick the habit | Graham Bird | SCIES 96/1 |