CDMA Paper Series

Working Papers	2012	2011	2010	2009	2008	2007	2006	2005	2004	Get Acrobat Reader
Conference Papers	2009	2008	2007	2006	2005	Information

2012 Working Papers [Top | 2004 | 2005 | 2006 | 2007| 2008| 2009| 2010| 2011| 2012]

1201	Seong-Hoon Kim and Seongman Moon	'A Producer Theory with Business Risks'.
1202	Kaushik Mitra, George W. Evans and Seppo Honkapohja	'Fiscal Policy and Learning'.
1203	George W. Evans, Seppo Honkapohja, Thomas Sargent and Noah Williams	'Bayesian Model Averaging, Learning and Model Selection'.
1204	William Branch, George W. Evans and Bruce McGough	'Finite Horizon Learning'.
1205	Tatiana Damjanovic, Vladislav Damjanovic and Charles Nolan	'Universal banking, competition and risk in a macro model'.
1206	Güneş Kamber, Christie Smith and Christoph Thoenissen	Financial frictions and the role of investment specific technology shocks in the business cycle
1207	Gonzalo F. Forgues-Puccio and Ibrahim M. Okumu	Does Size Matter? Scale, Corruption and Uncertainty
1208	Seong-Hoon Kim and Seongman Moon	Profits in (Partial) Equilibrium and (General) Disequilibrium
1209	George Evans and Kaushik Mitra	E-stability in the Stochastic Ramsey Model
1210	Vladislav Damjanovic	Endogeneous Risk in Monopolistic Competition

 

2011 Working Papers [Top | 2004 | 2005 | 2006 | 2007| 2008| 2009| 2010| 2011| 2012]

1101	George W. Evans	'The Stagnation Regime of the New Keynesian Model and Current US Policy'.
1102	Seppo Honkapohja, Kaushik Mitra and George W. Evans	'Notes on Agents' Behavioral Rules Under Adaptive Learning and Studies of Monetary Policy'.
1103	Charles Nolan and Alex Trew	'Transaction Costs and Institutions'.
1104	Tatjana Damjanovic, Vladislav Damjanovic and Charles Nolan	'Ordering Policy Rules with an Unconditional Welfare Measure'.
1105	Michal Horvath	'Solving Models with Incomplete Markets and Aggregate Uncertainty Using the Krusell-Smith Algorithm: A Note on the Number and the Placement of Grid Points'.
1106	Oscar Pavlov and Mark Weder	'Variety Matters'.
1107	Keith Blackburn and Gonzalo F. Forgues-Puccio	'Foreign Aid-a Fillip for Development or a Fuel for Corruption?'.
1108	Güneş Kamber and Christoph Thoenissen	'Financial Intermediation and the International Business Cycle: the Case of Small Countries with Big Banks'.
1109	Andrew Mays and Gary S. Shea	'East India Company and Bank of England Shareholders during the South Sea Bubble: Partitions, Components and Connectivity in a Dynamic Trading Network'.
1110	Gary S. Shea	'A Social Network for Trade and Inventories of Stock during the South Sea Bubble'.
1111	Kaushik Mitra, George W. Evans and Seppo Honkapohja	'Policy Change and Learning in the RBC Model'.
1112	Liam Graham	'Individual Rationality, Model-Consistent Expectations and Learning'.
1113	Liam Graham	'Learning, Information and Heterogeneity'.
1114	Gary S. Shea	'(Re)financing the Slave Trade with the Royal African Company in the Boom Markets of 1720'.
1115	Güneş Kamber and Christoph Thoenissen	'The financial accelerator and monetary policy rules'.
1116	Seong-Hoon Kim	'Sequential Action and Beliefs under Partially Observable DSGE Environments'.

 

2010 Working Papers [Top | 2004 | 2005 | 2006 | 2007| 2008| 2009| 2010| 2011| 2012]

1001

Sharon Harrison and Mark Weder

'Sunspots and Credit Frictions'.

1002

Paul Levine, Joseph Pearlman, George Perendia and Bo Yang

'Persistence in an Estimated DSGE Model under Imperfect Information'.

1003

Arnab Bhattacharjee and Sean Holly

'Structural Interactions in Spatial Panels'.

1004

Arnab Bhattacharjee and Sean Holly

'Understanding Interactions in Social Networks and Committees'.

1005

Ozge Senay and Alan Sutherland

'Local Currency Pricing, Foreign Monetary Shocks and Exchange Rate Policy'.

1006

Ozge Senay and Alan Sutherland

'The Timing of Asset Trade and Optimal Policy in Dynamic Open Economies'.

1007

Ozge Senay and Alan Sutherland

'Endogenous Price Flexibility and Optimal Monetary Policy'.

1008

George W. Evans, Seppo Honkapohja and Kaushik Mitra

'Does Ricardian Equivalence Hold When Expectations are not Rational?'.

1009

Andrew Hughes Hallett and Drew Scott

'Scotland: A New Fiscal Settlement'.

1010

William A. Branch and George W. Evans

'Learning about Risk and Return: A Simple Model of Bubbles and Crashes'.

1011

William A. Branch and George W. Evans

'Monetary Policy and Heterogeneous Expectations'.

1012

Alex Trew

'Finance and Balanced Growth'.

1013

Mark Weder

'Economic Crisis and Economic Theory'.

1014	Paolo Gelain and Marco Guerrazzi	'A DSGE Model from the Old Keynesian Economics: An Empirical Investigation'.
1015	Sayantan Ghosal, Marcus Miller and Kannika Thampanishvong	'Delay and Haircuts in Sovereign Debt: Recovery and Sustainability'.

2009 Working Papers [Top | 2004 | 2005 | 2006 | 2007 | 2008| 2009| 2010| 2011| 2012]

0901

Sharon Harrison and Mark Weder

'Technological change and the Roaring Twenties: A Neoclassical Perspective'.

0902

James Bullard, George W. Evans and Seppo Honkapohja

'A Model of Near-Rational Exuberance'.

0903	Ansgar Rannenberg	'Shocks, Monetary Policy and Institutions: Explaining Unemployment Persistence in "Europe" and the United States'.
0904	Alex Trew	'Contracting Institutions and Development'

0905	Parantap Basu and Christoph Thoenissen	'International business cycles and the relative price of investment goods'
0906	Alex Trew	'Institutions and the Scale Effect'
0907	Tatiana Damjanovic and Charles Nolan	'Second order accurate approximation to the Rotemberg model around a distorted steady state'
0908	Fabio R. Aricó	'Both Sides of the Story: Skill-biased Technological Change, Labour Market Frictions, and Endogenous Two-Sided Heterogeneity'
0909	Ansgar Rannenberg	'The Taylor Principle and (In-) Determinacy in a New Keynesian Model with hiring Frictions and Skill Loss'

2008 Working Papers [Top | 2004 | 2005 | 2006 | 2007 | 2008| 2009| 2010| 2011| 2012]

0801	Michal Horvath (St Andrews)	'Simple Monetary-Fiscal Targeting Rules'.
0802	George Evans (Oregon and St Andrews) and Seppo Honkapohja (Bank of Finland and Cambridge)	'Expectations, Learning and Monetary Policy: An Overview of Recent Research'.
0803	Christoph Thoenissen (St Andrews)	'Exchange rate dynamics, asset market structure and the role of the trade elasticity'
0804	Tatjana Damjanovic, Vladislav Damjanovic and Charles Nolan	'Linear-Quadratic Approximation to Unconditionally Optimal Policy: The Distorted Steady-State'
0805	Michal Horvath (St Andrews)	'The Effects of Government Spending Shocks on Consumption under Optimal Stabilization'
0806	Barbara Annicchiarico (Rome), Luisa Corrado (Cambridge and Rome) and Alessandra Pelloni (Rome)	'Long-Term Growth and Short-Term Volatility: The Labour Market Nexus'
0807	Tatiana Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Seigniorage-maximizing inflation'
0808	Arnab Bhattacharjee (St Andrews), Jagjit S. Chadha (Kent), Qi Sun (St Andrews)	'Productivity, Preferences and UIP deviations in an Open Economy Buisness Cycle Model'
0809	Alex Trew (St Andrews)	'Infrastructure Finance and Industrial Takeoff in the United Kingdom'
0810	Charles Nolan (St Andrews) and Christoph Thoenissen (St Andrews)	'Financial shock and the US business cycle'

2007 Working Papers [Top | 2004 | 2005 | 2006 | 2008| 2009| 2010| 2011| 2012]

0701	Joseph Pearlman (London Metropolitan)	'Is There More than One Way to be E-Stable?'.
0702	Alex Trew (St Andrews)	'Endogenous Financial Development and Industrial Takeoff'.
0703	Michal Horvath (St Andrews)	'Optimal Monetary and Fiscal Policy in an Economy with Non-Ricardian Agents'
0704	Parantap Basu (Durham) and Christoph Thoenissen (St Andrews)	'Investment Frictions and the Relative Price of Investment Goods in an Open Economy Model'.
0705	Marta Aloi (Nottingham) and Laurence Lasselle (St Andrews)	'Growth and Welfare Effects of Stabilizing Innovation Cycles'.
0706	Laurence Lasselle (St Andrews), Serge Svizzero (La Réunion) and Clem Tisdell (Queensland)	'Stability and Cycles in a Cobweb Model with Heterogeneous Expectations'.
0707	Elisa Newby (St Andrews)	'The Suspension of Cash Payments as a Monetary Regime'.
0708	Elisa Newby (St Andrews)	'Macroeconomic Implications of Gold Reserve Policy of the Bank of England during the Eighteenth Century'.
0709	Vladislav Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'S,s Pricing in General Equilibrium Models with Heterogeneous Sectors'.
0710	Sayantan Ghosal (Warwick) and Kannika Thampanishvong (St Andrews)	'Optimal Sovereign Debt Write-downs'.
0711	Sayantan Ghosal (Warwick) and Kannika Thampanishvong (St Andrews)	'Does Strengthening Collective Action Clauses (CACs) Help?'
0712	Alex Trew (St Andrews)	'Efficiency, Depth and Growth: Quantitative Implications of Finance and Growth Theory'.
0713	Arnab Bhattacharjee (St Andrews), Chris Higson (LBS), Sean Holly (Cambridge) and Paul Kattuman (Cambridge)	'Macroeconomic Conditions and Business Exit: Determinants of Failures and Acquisitions of UK Firms'
0714	Geethanjali Selvaretnam (St Andrews)	'Regulation of Reserves and Interest Rates in a Model of Bank Runs'
0715	Ozge Senay (St Andrews)	'Interest Rate Rules and Welfare in Open Economies'
0716	Gary S. Shea (St Andrews)	'Arbitrage and Simple Financial Market Efficiency during the South Sea Bubble: A Comparative Study of the Royal African and South Sea Companies Subscription Share Issues'
0717	George Evans (Oregon and St Andrews), Seppo Honkapohja (Cambridge) and Kaushik Mitra (St Andrews)	'Anticipated Fiscal Policy and Adaptive Learning'
0718	Sayantan Ghosal (Warwick) and Kannika Thampanishvong (St Andrews)	'The Millennium Development Goals and Sovereign Debt Write-downs'
0719	George Evans (Oregon and St Andrews) and Seppo Honkapohja (Bank of Finland and Cambridge)	'Robust Learning Stability with Operational Monetary Policy Rules'
0720	Andreas Humpe (St Andrews) and Peter Macmillan (St Andrews)	'Can Macroeconomic Variables Explain Long Term Stock Market Movements? A Comparison of the US and Japan'
0721	Tatiana Damjanovic (St Andrews), Vladislav Damjanovic (St Andrews)and Charles Nolan (St Andrews)	'Unconditionally Optimal Monetary Policy'
0722	Paul Levine (Surrey), Joseph Pearlman (London Metropolitan) and George Perendia (London Metropolitan)	'Estimating DSGE Models under Partial Information'
0723	Arnab Bhattacharjee, Eduardo de Castro, (Late) Chris Jensen-Butler	''Evaluating Economic Theories of Growth and Inequality: A Study of the Danish Economy'

2006 Working Papers [Top | 2004 | 2005 | 2007 | 2008| 2009| 2010| 2011| 2012 | 2008| 2009| 2010| 2011| 2012]

0601	Mark Weder (Adelaide)	'Sticky Prices and Indeterminacy'.
0602	Jagjit S. Chadha (BNP Paribas), Peter Macmillan (St Andrews) and Charles Nolan (St Andrews)	'Independence Day for the “Old Lady”: A Natural Experiment on the Implications of Central Bank Independence'.
0603	Jagjit S. Chadha (BNP Paribas) and Luisa Corrado (Cambridge and Rome Tor Vergata)	'On the Determinacy of Monetary Policy under Expectational Errors'.
0604	Nikola Bokan (St Andrews and CEBR) and Andrew Hughes Hallet (Vanderbilt and CEPR)	'Labour and Product Market Reforms in the Economy with Distortionary Taxation'.
0605	Gary S. Shea (St Andrews)	'Sir George Caswall vs. the Duke of Portland: Financial Contracts and Litigation in the wake of the South Sea Bubble'.
0606	Tatiana Damjanovic (St Andrews), Vladislav Damjanovic (St Andrews)and Charles Nolan (St Andrews)	'Optimal Time Consistent Monetary Policy'.
0607	Michal Horvath (Oxford)	'Alternative Perspectives on Optimal Public Debt Adjustment'.
0608	Sumru G. Altug (Koç and CEPR) and Murat Usman (Koç)	'Bank Lending with Imperfect Competition and Spillover Effects'.
0609	Christoph Thoenissen (St Andrews)	'Real Exchange Rate Volatility and Asset Market Structure'.
0610	John Fender (Birmingham) and Neil Rankin (Warwick)	'Disinflation in an Open-Economy Staggered-Wage DGE Model: Exchange-Rate Pegging, Booms and the Role of Preannouncement'.
0611	Tatiana Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Relative Price Distortions and Inflation Persistence'.
0612	Arnab Bhattacharjee (St Andrews) and Sean Holly (Cambridge)	'Taking Personalities out of Monetary Policy Decision Making? Interactions, Heterogeneity and Committee Decisions in the Bank of England’s MPC'.

2005 Working Papers [Top | 2004 | 2006 | 2007 | 2008| 2009| 2010| 2011| 2012 | 2008| 2009| 2010| 2011| 2012]

0501	Charles Nolan (St Andrews) and Christoph Thoenissen (St Andrews)	'Labour Markets and Firm-Specific Capital in New Keynesian General Equilibrium Models'.
0502	Sugata Ghosh (Cardiff) and Charles Nolan (St Andrews)	'The Impact of Simple Fiscal Rules in Growth Models with Public Goods and Congestion'.
0503	Arnab Bhattacharjee (St Andrews) and Sean Holly (Cambridge)	'Inflation Targeting, Committee Decision Making and Uncertainty: The Case of the Bank of England’s MPC'.
0504	Huw Dixon (York) and Engin Kara (York)	'How to Compare Taylor and Calvo Contracts: a comment on Michael Kiley'.
0505	Vladislav Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Aggregate Dynamics with Heterogeneous Agents and State-Dependent Pricing'.
0506	Vladislav Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Aggregation and Optimization with State-Dependent Pricing: A Comment'.
0507	Alex Trew (St Andrews)	'Finance and Growth: A Critical Survey'.
0508	Gary S. Shea (St Andrews)	'Financial Market Analysis Can Go Mad (in the search for irrational behaviour during the South Sea Bubble)'.
0509	Tatiana Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Some Welfare Implications of Optimal Stabilization Policy in an Economy with Capital and Sticky Prices'.
0510	Tatiana Damjanovic (St Andrews), Vladislav Damjanovic (St Andrews) and Charles Nolan (St Andrews)	'Optimal Monetary Policy Rules from a Timeless Perspective'.
0511	Arnab Bhattacharjee (St Andrews) and Christoph Thoenissen (St Andrews)	'Money and Monetary Policy in Dynamic Stochastic General Equilibrium Models'.
0512	Gary S. Shea (St Andrews)	'Understanding financial derivatives during the South Sea Bubble: the case of the South Sea subscription shares'.	Excel file 1 Excel file 2

2004 Working Papers [Top | 2005 | 2006 | 2007 | 2008| 2009| 2010| 2011| 2012 | 2008| 2009| 2010| 2011| 2012]

0401	Jagjit S. Chadha (St Andrews) and Charles Nolan (St Andrews)	'Interest Rate Bounds and Fiscal Policy'.
0402	Anamaria Nicolae (Durham) and Charles Nolan (St Andrews)	'The Impact of Imperfect Credibility in a Transition to Price Stability'.
0403	Jagjit S. Chadha (St Andrews), Lucio Sarno (Warwick and CEPR) and Giorgio Valente (Warwick)	'Monetary Policy Rules, Asset Prices and Exchange Rates'.
0404	Sumru Altug (Koç, CEPR and Economic Research Forum), Fanny S. Demers (Carleton and McGill) and Michel Demers (Carleton and McGill)	'Tax Policy and Irreversible Investment'.	Tables (1), (2)
0405	Mark Weder (Humboldt)	'The Role of Preference Shocks and Capital Utilization in the Great Depression'.
0406	Jagjit S. Chadha (St Andrews) and Charles Nolan (St Andrews)	'Optimal Simple Rules for the Conduct of Monetary and Fiscal Policy'.	(technical annex)
0407	Norbert Janssen (Bank of England), Charles Nolan (St Andrews) and Ryland Thomas (Bank of England)	'Money, Debt and Prices in the UK 1705-1996'.

2009 Conference Papers [Top | 2004 | 2005 | 2006 | 2007 | 2008| Photos]

C0901	Laura Povoledo (UWE)	'The Volatility of the Tradeable and Nontradeable Sectors: Theory and Evidence'.
C0902	Tatiana Kirsanova (Exeter) and Christoph Himmels (Exeter)	'The Interest Rate — Exchange Rate Nexus: Exchange Rate Regimes and Policy Equilibria'.

C0903	Patrick Minford (Cardiff and CEPR), Vo Phuong Mai Le (Cardiff) and Michael Wickens (Cardiff, York and CEPR)	'The ‘Puzzles’ Methodology: En Route to Indirect Inference?'.
C0904	Parantap Basu (Durham), Max Gillman (Cardiff) and Joseph Pearlman (London Metropolitan)	'Inflation, Human Capital and Tobin's q'.

C0905

Ioana Moldovan (Glasgow), Campbell Leith (Glasgow) and Raffaele Rossi (Glasgow)

'Monetary and Fiscal Policy under Deep Habits'.

C0906

Neil Rankin (York) and Sebastiano Daros (Warwick and Bank of England)

'Output Persistence from Monetary Shocks with Staggered Prices or Wages under a Taylor Rule'.

C0907

Elisa Newby (Cambridge)

'The Suspension of the Gold Standard as Sustainable Monetary Policy'.

C0908

Tony Yates (Bank of England) with joint with Rhys Bidder (New York)  and Kalin Nikolov (Bank of England)

'Self-confirming Inflation Persistence'.

C0909

Paul Levine, Joseph Pearlman, George Perendia and Bo Yang

'Persistence in an Estimated DSGE Model under Imperfect Information'.

2008 Conference Papers [Top | 2004 | 2005 | 2006 | 2007 | 2009 |Photos]

C0801

David Meenagh (Cardiff University), Patrick Minford (Cardiff University and CEPR), Michael Wickensy (Cardiff University, University of York and CEPR)

'Testing a DSGE model of the EU using indirect inference'.

C0802

Anurag Banerjee (Durham University) and Parantap Basu (Durham University)

'Who pays for job training?'.

C0803	Cambell Leith (University of Glasgow) and Simon Wren-Lewis (University of Oxford)	'Electoral Uncertainty and the Deficit Bias in a New Keynesian Economy pays for '.

C0805

Peter Sinclair, Guy Spier and Tom Skinner

'Bonuses, Credit Rating Agencies and the Credit Crunch'.

C0806

Guido Ascari (University of Pavia) and Tiziano Ropele (Bank of Italy)

'Sacrifice Ratio or Welfare Gain Ratio? Disinflation in a DGSE monetary model'.

C0808

George W. Evans (University of Oregon, University of St. Andrews) and Seppo Honkapohja (Bank of Finland, University of Cambridge)

'Robust Learning Stability with Operational Monetary Policy Rules'.

C0809

Sean Holly and Ivan Petrella

'Factor demand linkages and the business cycle: interpreting aggregate fluctuations as sectoral fluctuations'.

C0814

Richard Harrison (Bank of England), Haroon Mumtaz (Bank of England) and Tony Yates (Bank of England)

'Using time-varying VARs to diagnose the source of ‘Great Moderations’: a Monte Carlo analysis'.

2007 Conference Papers [Top | 2004 | 2005 | 2006 | 2008 | 2009 | Photos]

C0701	Parantap Basu (Durham), Andrei Semenovz (York) and Kenji Wadax (Keio)	'Uninsurable Risk and Financial Market Puzzles'.
C0702	Christopher Adam (Oxford) and David Cobham (Heriot-Watt)	'Modelling Multilateral Trade in a Gravity Model with Exchange Rate Regimes'.
C0703	Max Gillman (Cardiff) and Michal Kejak (CERGE-EI)	'Inflation, Financial Development and Human Capital-Based Endogenous Growth: An Explanation of Ten Empirical Findings'.
C0704	Liam Graham (UCL) and Stephen Wright (Birkbeck)	'Information, Heterogeneity and Market Incompleteness in the Stochastic Growth Model'.
C0705	Nobuhiro Kiyotaki (Princeton), Alexander Michaelides (LSE) and Kalin Nikolov (Bank of England and LSE)	'Winners and Losers in Housing Markets'.
C0706	Michael B. Devereux (British Columbia) and Alan Sutherland (St Andrews)	'Country Portfolio Dynamics'.
C0707	Guido Ascari(Pavia - Italy) and Neil Rankin (Warwick University)	'Taylor Rules Cause Fiscal Policy Ineffectiveness'.
C0708	Jonathan Thomas (Edinbouyrgh) and Andy Snell	'Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting'.
C0709	David Meenagh(Cardiff University), Patrick Minford(Cardiff University and CEPR) and Michael Wickensy(Cardiff University and University of New York)	'Testing a DSGE model of the EU using indirect inference'.

C0710

Martin Ellison(Oxford University), Joseph Pearlman(London Metropolitan University)

'Saddlepath Learning'.

2006 Conference Papers [Top | 2004 | 2005 | 2007 | 2008 | 2009 | Photos]

C0601	Parantap Basu (Durham)	'Understanding Labour Market Frictions: A Tobin’s Q Approach'.
C0602	David Cobham (Heriot-Watt)	'Using Taylor Rules to Assess the Relative Activism of the European Central Bank, the Bank of England and the Federal Reserve Board'.
C0603	Andy Snell (Edinburgh) and Jonathan Thomas (Edinburgh)	'Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics'.
C0604	Szilárd Benk (Magyar Nemzeti Bank and Central European University), Max Gillman (Cardiff and Hungarian Academy of Sciences) and Michal Kejak (CERGE-EI)	'Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks'.
C0605	Campbell Leith (Glasgow) and Simon Wren-Lewis (Exeter)	'The Optimal Monetary Policy Response to Exchange Rate Misalignments'.
C0606	Patrick Minford (Cardiff and CEPR), David Meenagh (Cardiff) and Jiang Wang (Cardiff)	'Testing a Simple Structural Model of Endogenous Growth'.
C0607	Jim Malley (Glasgow) and Hassan Molana (Dundee)	'The Relationship between Output and Unemployment with Efficiency Wages'.
C0608	Peter Sinclair (Birmingham)	'A Simple Guide to the Basic Macroeconomics of Oil'.
C0609	Tatiana Kirsanova (Exeter) and Simon Wren-Lewis (Exeter)	'Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities'.
C0610	Peter N. Smith (York) and Mike Wickens (York)	'The New Consensus in Monetary Policy: Is the NKM fit for the purpose of inflation targeting?'.

2005 Conference Papers [Top | 2004 | 2006 | 2007 | 2008 | 2009 | Photos]

C0501	Martin Ellison (Warwick) and Neil Rankin (Warwick)	'Optimal Monetary Policy When Lump-Sum Taxes Are Unavailable: A Reconsideration of the Outcomes under Commitment and Discretion'.
C0502	Sanjay Banerjee (McGill) and Parantap Basu (Durham)	'Uninsured Risks, Loan Risks and the Declining Equity Premium'.
C0503	Vito Polito (York) Mike Wickens (York)	'Measuring Fiscal Sustainability'.
C0504	Giovanni Lombardo (ECB) and Alan Sutherland (St Andrews)	'Computing Second-Order-Accurate Solutions for Rational Expectation Models using Linear Solution Methods'.
C0505	Hassan Molana (Dundee) and Catia Montagna (Dundee)	'Expansionary Effects of the Welfare State in a Small Open Economy'.
C0506	Campbell Leith (Glasgow) and Simon Wren-Lewis (Exeter)	'Fiscal Policy as a Stabilisation Device for an Open Economy Inside or Outside EMU'.

2004 Conference Papers [Top | 2005 | 2006 | 2007 | 2008 | 2009 | Photos]

C0401	Parantap Basu (Durham) and Alessandra Guariglia (Nottingham)	'Inequality and Industrialization'.
C0402	V. Anton Muscatelli (Glasgow and CESifo, Munich) Patrizio Tirelli (Milano-Bicocca) and Carmine Trecroci (Brescia)	'Fiscal and Monetary Policy Interactions in a New Keynesian Model with Liquidity Constraints'.
C0403	Nobuhiro Kiyotaki (LSE) and Ricardo Lagos (FRB Minneapolis and New York)	'A Model of Job and Worker Flows'.
C0404	Luisa Corrado (Rome 'Tor Vergata') and Sean Holly (Cambridge)	'Habit Formation and Interest Rate Smoothing'.
C0405	Gianluca Benigno (LSE and CEPR) and Christoph Thoenissen (St Andrews)	'Consumption and Real Exchange Rates with Incomplete Markets and Non-traded Goods'.
C0406	Seppo Honkapohja (Cambridge) and Kaushik Mitra (Royal Holloway, London)	'Performance of Inflation Targeting Based On Constant Interest Rate Projections'.
C0407	Keith Blackburn (Manchester), Niloy Bose (Wisconsin) and M. Emranul Haque (Nottingham)	'Public Expenditures, Bureaucratic Corruption and Economic Development'.

 

Information [Top]

The working paper series and conference paper series can also be found on RePEc. Affiliates wishing to identify with the Centre should use the handle RePEc:edi:cdstauk.

For further information, for copies of papers in these series, or to subscribe to e-mail notification, contact:

Jinyu Chen
Castlecliffe, School of Economics and Finance
University of St Andrews, Fife, KY16 9AL
Scotland, UK

Email: jc736@st-andrews.ac.uk
Tel: +44 (0) 1334 462445;
Fax: +44 (0) 1334 462444.