Research

School of Economics and Finance Discussion Paper Series
The School of Economics & Finance at the University of St Andrews has made the decision to stop printing Discussion Papers.
Most of our discussion papers can be downloaded here in PDF format.
There are two other discussion paper series in our school:
Click on a highlighted title to downloaded a paper in pdf format. (Get Acrobat Reader)
| 1105 | Felix F. FitzRoy, Michael Nolan and Max F. Steinhardt | 'Age, Life-satisfaction, and Relative Income-Insights from the UK and Germany' |
| 1104 | Alistair Ulph and David Ulph | 'Optimal Climate Change Policies When Governments Cannot Commit' |
| 1102 | Tatiana Damjanovic, Vladislav Damjanovic and Charles Nolan | 'Ordering policy rules with an unconditional welfare measure' |
| 1005 | Fabio Aricò, Laurence Lasselle and Kannika Thampanishvong | 'Improving Students’ Learning Aspirations Beyond Post-Primary Education: A First Account of Two Non-Formal Education Programmes in Middle-Income' |
| 1004 | Sayantan Ghosal, Marcus Miller and Kannika Thampanishvong | 'Delay and Haircuts in Sovereign Debt: Recovery and Sustainability' |
| 1003 | Paola Manzini and Marco Mariotti | 'A Salience Theory of Choice Errors' |
| 0912 | Elissaios Papyrakis and Geethanjali Selvaretnam | 'The Greying Church: The Impact of Life Expectancy on Religiosity' |
| 0909 | Alistair Ulph and David Ulph | 'Optimal Climate Change Policies When Governments Cannot Commit' |
| 0904 | Arnab Bhattacharjee | 'Testing for Proportional Hazards with Unrestricted Univariate Unobserved Heterogeneity' |
| 0809 | Helmut Rainer and Ian Smith | 'Staying Together for the Sake of the Home? House Price Shocks and Partnership Dissolution in the UK ' |
| 0808 | Geethanjali Selvaretnam and Kannika Thampanishvong | 'Future of the Clean Development Mechanism in Tackling Climate Change' |
| 0807 | Arnab Bhattacharjee | 'Partial Orders with Respect to Continuous Covariates and Tests for the Proportional Hazards Model' |
| 0801 | Helmut Rainer, Geetha Selvaretnam and David Ulph | 'Assisted Reproductive Technologies (ART) in a Model of Fertility Choice' |
| 0715 | Marco Faravelli and Luca Stanca | 'Single versus Multiple Prize Contests to Finance Public Goods: Theory and Experimental Evidence' |
| 0712 | Tatiana Damjanovic and David Ulph | 'Tax Progressivity, Income Distribution and Tax Non-Compliance' |
| 0708 | Arnab Bhattacharjee | 'A Simple Test for the Absence of Covariate Dependence in Hazard Regression Models' |
| 0707 | Arnab Bhattacharjee and Madhuchhanda Bhattacharjee | 'Bayesian Analysis of Hazard Regression Models under Order Restrictions on Covariate Effects and Ageing' |
| 0705 | Geethanjali Selvaretnam and Kannika Thampanishvong | 'Carbon Tax and Investment in Low-Carbon Technology in a Model of Co-ordination Failure' |
| 0704 | Helmut Rainer and Thomas Siedler | 'Subjective Income and Employment Expecations and Preferences for Redistribution' |
| 0611 | Manfredi M.A. La Manna | 'The Surprising Benefits of a Parellel Universe' |
| 0604 | John Beath and Felix FitzRoy | 'Status, Happiness and Relative Income' |
| 0602 | Helmut Rainer and Thomas Siedler (University of Essex) | Does democracy foster trust?' |
| 0518 | Jennifer Franz and Felix Fitzroy | 'Child mortaility, poverty and environment in developing countries' |
| 0515 | Felix Fitzroy and Michael Nolan (Hull Univ. Business School) | 'Value of Work: Bargaining, job-satisfaction, and taxation in a simple GE model' |
| 0514 | Helmut Rainer | 'Should We Write Prenuptial Contracts?' |
| 0501 | Kenichiro Suzuki and David Cobham | 'Recent trends in the sources of finance for Japanese firms: has Japan become a "high internal finance" country.' |
| 0408 | Arne Risa Hole, Chris Jensen-Butler, Bjarne Madsen (AKF Copenhagen) and Lasse Møller (University of Copenhagen) | 'Teleworking and Transport: a study of the determinates of the propensity to telework and its intensity.' |
| 0407 | David Canning (Harvard) and Jim Jin | 'Price Setting General Equilibrium with Intermediate Goods' |
| 0405 | Pedro S Martins | 'Rent Sharing Before and After the Wage Bill.' |
| 0313 | Maria Gil Molto and Arne Risa Hole | 'Tests for the consistency of three-level nested logit models with utility maximization' |
| 0309 | Joanna Poyago-Theotoky | 'Optimal environmental taxation, R&D subsidization and the role of market conduct' |
| 0308 | Laurence Lasselle, Serge Svizzero (Réunion) and Clem Tisdell (Queensland) | 'Heterogeneous Expectations, Dynamics and Stability of Markets' |
| 0305 | Moawia Alghalith | 'Hedging Output Price and Cost Uncertainty' |
| 0304 | Moawia Alghalith | 'Input Demand under Multiple Uncertainty' |
| 0301 | Moawia Alghalith | 'Empirical Analysis under Additive/Multiplicitave Output Uncertainty' |
| 0212 | Alan Sutherland | 'Incomplete Pass-Through and the Welfare Effects of Exchange Rate Variability' |
| 0211 | Alan Sutherland | 'A Simple Second-Order Solution Method for Dynamic General Equilibrium Models' |
| 0204 | Felix FitzRoy and Ian Smith | 'Welfare, Growth and Environment: A Sceptical Review of The Skeptical Environmentalist(Bjørn Lomborg, Cambridge University Press, 2001)', Forthcoming as a review article in the Scottish Journal of Political Economy. |
| 0201 | Joanna Poyago-Theotoky (Nottingham), John Beath and Donald S. Siegel (Nottingham) | 'Universities and Fundamental Research: Reflections on the Growth of University-Industry Partnership' |
| 0116 | Christopher Adam (Oxford), David Cobham, Eric Girardin (Méditerranée, Aix-Marseille II) | 'External Influences and Institutional Constraints on UK Monetary Policy, 1985-2000' |
| 0114 | David Cobham, Athanasios Papadopoulos (Crete) and George Zis (Manchester Metropolitan) | 'The Cost of Political Intervention in Monetary Policy' |
| 0112 | Felix R. FitzRoy, Michael Funke (Hamburg) and Michael A. Nolan | 'Taxation, Unemployment and Working Time in Models of Economic Growth' (revised) |
| 0111 | Laurence Lasselle, Serge Svizzero (Réunion) and Clem Tisdell (Queensland) | 'Heterogeneous Beliefs and Instability' |
| 0110 | Walter Briec (Perpignan) and Laurence Lasselle | 'Renormalization Method and its Economic Applications' |
| 0109 | Marta Aloi (Nottingham) and Laurence Lasselle | 'Growing through subsidies' |
| 0102 | David G. McMillan | 'Non-Linear Predictability of Stock Market Returns: Evidence from Non-Parametric and Threshold Models' |
| 0101 | Laurence Lasselle, Serge Svizzero (Réunion) and Clem Tisdell (Queensland) | 'Diversity, Globalisation and Market Stability' |
| 0021 | Dipak Ghosh (Stirling), Eric J. Levin (Stirling), Peter Macmillan and Robert E. Wright (Stirling) | 'Gold as an Inflation Hedge?' |
| 0109 | Clevo Wilson (Queensland) | 'Ill Health from Exposure to Pesticides in Sri Lanka: Estimating the Cost and Determining the Relationships' |
| 0102 | Osvaldo Terzi | 'Menu Costs and Strategic Interaction' |
| 0101 | David Cobham, Stefania Cosci (Molise), Fabrizio Mattesini (Roma , tor Vergata) and Jean Marin Serre (Auvergne) | 'Diversity, 'The Nature and Relevance of Central Bank Independence:an Analysis of Three European Countries' |
| 0016 | Berhard F. Walter and Felix R. FitzRoy | 'Air Pollution and Mortality in a Sample of British Cities' |
| 0015 | Peter Macmillan and Ian Smith | 'Explaining Post-War Cinema Attendance in the UK' |
| 0014 | Michael A. Nolan, Felix R. FitzRoy and Andrew E. Burke (Edinburgh) | 'Employment and Earnings of the Less Qualified' |
| 0013 | Marta Aloi (Nottingham), Laurence Lasselle and David G McMillan | 'On the Persistence of Output Fluctuations in High Technology Sectors' |
| 0010 | Angela J. Black (Aberdeen) and David G. McMillan | 'Long Run Trends, Business Cycle Components and Volatility Spillovers in Daily Exchange Rates: Evidence for G7 Exchange Rates' |
| 0007 | John Beath, Robert Owen (Nantes), Joanna Poyago-Theotoky (Nottingham) and David Ulph (University College London) | 'Optimal Incentives for Income-Generation within Universities' |
| 0005 | Johnathan P. Thomas and Tim Worral (Keele) | 'Gift-giving, Quasi-Credit and Reciprocity' |
| 0004 | Angela Black (Aberdeen) and Felix R. FitzRoy | 'Earnings Curves and Wage Curves' |
| 0001 | John Beath | 'Comparing Tax Yields Under Oligopoly' |
| 9919 | Jonathan P. Thomas | 'Fair Pay and a Wagebill Arguement for Wage Rigidity and Excessive Employment Variability' |
| 9914 | David G.MacMillan and Alan E. H.Speight (Wales, Swansea) | 'Non-Linear Dependence in Inter-War Exchange Rates: Some Further Evidence' |
| 9909 | Ben Lockwood (Warwick) and Jonathan Thomas | 'Gradualism and Irreversibility' |
| 9902 | Chris Jensen-Butler, Bjarne Madsen (Institute of Local Government Studies, Denmark)and Søren Caspersen (Institute of Local Government Studies, Denmark) | 'Rural areas in crisis? The role of the welfare state in income creation, the case of Denmark' |
| 9901 | Felix FitzRoy, Michael Funke (Hamburg), and Michael Nolan | 'Working Time, Taxation and Unemployment' |


