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Centre for Dynamic Macroeconomic Analysis

The Centre for Dynamic Macroeconomic Analysis was established by a direct grant from the University of St Andrews in 2003. The Centre facilitates a programme of research centred on macroeconomic theory and policy, disseminates working papers and provides financial support for PhD students.

Email: cdma@st-andrews.ac.uk
Tel: +44(0)1334 462445
Fax: +44(0)1334 462444

Director: Professor Charles Nolan

Photographs around St Andrews, click to randomise
Latest CDMA News

CDMA Conference 2009, Sep 2-4: Programme and Participant List; Photos.

CDMA Senior Research Fellow on Council of Economic Advisers for Scotland

New Book by Sumru Altug and Pamela Labadie: 'Asset Pricing for Dynamic Economies'; Book review in International Review of Economics and Finance

Working Paper 0805: Michal Horvath, 'The Effects of Government Spending Shocks on Consumption under Optimal Stabilization' Forthcoming in the European Economic Review

Working Paper 0810: Charles Nolan and Christoph Thoenissen, 'Financial shocks and the US business cycle', Forthcoming in Journal of Monetary Economics.

Working Paper 0611: Charles Nolan and Tatiana Damjanovic, 'Relative Price Distortions and Inflation Persistance', forthcoming in Economic Journal.

Working Paper 0807: Charles Nolan and Tatiana Damjanovic, 'Seignorage-Maximizing Inflation Under Sticky Prices', forthcoming in Journal of Money, Credit and Banking.

Working Paper 0907: Tatiana Damjanovic and Charles Nolan, 'Second order accurate approximation to the Rotemberg model around a distorted steady state'.

Working Paper 0908: Fabio R. Aricó, 'Both Sides of the Story: Skill-biased Technological Change, Labour Market Frictions, and Endogenous Two-Sided Heterogeneity'

Working Paper 0909: Ansgar Rannenberg, 'The Taylor Principle and (In-) Determinacy in a New Keynesian Model with hiring Frictions and Skill Loss'

Working Paper 1001: Sharon Harrison and Mark Weder, 'Sunspots and Credit Frictions'.

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