No.399: A Tragedy Of The Clubs: Excess Entry in Exclusive Coalitions Paola Manzini, Marco Mariotti
No.398: The Chain Reaction Theory of Unemployment: How Unemployment Moves in the Medium Run Marika Karanassou, Dennis J. Snower
No.397: Adjustment Dynamics and the Natural Rate: An Account of the UK Unemployment B. Henry, Marika Karanassou, Dennis J. Snower
No.396: The Unequal Distribution of Unequal Pay - An Analysis of the Distribution of the Gender Wage Gap D. Bonjour, M. Gerfin
No.395: A Behavioral Approach to a Strategic Market Game M. Shubik, N.J. Vriend
No.394: "From Exchange It Comes to Tears". A Dutch Folk Theorem Reconsidered Nicolaas J. Vriend
No.393: Research Report 1997 R. Disney
No.392: Welfare Improving Contracts in Cournot Markets E. Catilina
No.391: Dynamic Responses of Private Sector Productivity to Public Infrastructure E.C. Mamatzakis
No.390: A Bivariate FIGARCH Model of Crude Oil Price Volatility C. Brunetti , C.L. Gilbert
No.389: Sharp Filters for Business-Cycle Analysis D.S.G. Pollock
No.388: An Experimental Study of Adaptive Behavior in an Oligopolistic Market Game R. Nagel , N.J. Vriend
No.387: An Illustration of the Essential Difference between Individual and Social Learning, and its Consequences for Computational Analyses Nicolaas J. Vriend
No.386: Does the Sector Bias of Skill-Biased Technical Change Explain Changing Wage Inequality? J.E. Haskel , M.J. Slaughter
No.385: Methodology for Trend Estimation D.S.G. Pollock
No.384: Computers and the Demand for Skilled Labour: Industry and Establishment-Level Panel Evidence for the UK J.E. Haskel , Y. Heden
No.383: A Bargaining Model of Farrell Inefficiency J.E. Haskel, A. Sanchis
No.382: On Macro Modelling of Transition Economies Duo Qin
No.381: EU Participation and the External Trade of Greece: An Appraisal of the Evidence M.G. Arghyrou
No.380: Incentives, Allocation and Labour-Market Reforms During Transition: The Case of Urban China, 1986-1990 D.P. Coady, L. Wang
No.379: Do Boundedly Rational People Imitate? A. Bosch-Domènech, N.J. Vriend
No.378: Trend Estimation and De-Trending Using Bidirectional Filtering D.S.G. Pollock
No.377: Soft Budget Constraint and the Optimal Choices of R&D Projects Financing H. Huang, C. Xu
No.376: Trading Volume, Open Interest, and Price Volatility on the LIFFE Cocoa Market C.L. Gilbert
1997 Working papers
No.375: Does Privatisation Remove Working Practices? Evidence from UK Establishments A. Sanchis
No.374: A Model of Bargaining with the Possibility of Arbitration P. Manzini, M. Mariotti
No.373: Casual Relationships Between Public Expenditure, Public Receipts and Gross Domestic Product: The Case of Greece M.G. Arghyrou
No.372: The Interaction of Fiscal and Monetary Policies in a World with Uncertainty C. Beddies
No.371: Determinants of Capital Flight and Implications for Policy D. Trinder
No.370: Earnings' Inequality During Transition: Urban China 1986-1990 D.P. Coady, L. Wang
No.369: The Error Term in the History of Time Series Econometrics D. Qin, C.L. Gilbert
No.368: A Critique on Macroeconometric Modelling of Structural Changes D. Qin
No.367: Evolution of Industrial Interdependence in Chile: 1960-90. A Comparison with Taiwan and South Korea J.M. Albala-Bertrand
No.366: Cournot-Nash Equilibria in Limit Exchange Economies with Complete Markets and Consistent Prices G. Codognato, S. Ghosal
No.365: Research Report 1996 R. Disney
No.364: Privatisation and Strategic Monitoring B. Nomer, R. Disney, C.J. Ellis
No.362: Greece and the European Monetary Union: An Explorative Essay I.A. Mourmouras, M.G. Arghyrou
No.361: Decentralised Policymaking in a Game-Theoretic Model with Capital Accumulation I.A. Mourmouras, S. Ghosh
No.360: Central Bank Independence: A Review of Theories I.A. Mourmouras
No.359: Buyers' and Sellers' Cartels on Markets with Indivisible Goods F. Bloch, S. Ghosal
1996 Working papers
No.358: Exchange Controls, Macroeconomic Integration and the Interdependence of European Equity Markets P.L. Chelley-Steeley, J.M. Steeley
No.357: Non-ferrous Metals Price Volatility: A Fractionally Integrated Process? G.P. Teyssière, C.L. Gilbert, C. Brunetti
No.356: Estimation of Polynomial Trends D.S.G. Pollock
No.355: Data Transformation and De-Trending in Econometrics D.S.G. Pollock
No.354: Structural Change in Chile: 1960-1990. An Input-Output Approach J.M. Albala-Bertrand
No.353: Research Report 1995
No.352: Two Essays on the Methodology of Econometrics C.L. Gilbert, D. Qin
No.351: Is the European Social Model Fragmenting? J. Grahl, P. Teague
No.350: Price Inertia in OECD Countries C. Martin
No.349: Alternative Models for Estimating Real Interest Rates and the Real Term Structure from U.K. Index-Linked Bonds C.L. Gilbert
No.348: Double Long-Memory Financial Time Series G. Teyssière
No.347: Are Metals Prices Becoming More Volatile? C. Brunetti, C.L. Gilbert
No.346: Consumption and Asset Pricing: What Do UK Data Tell Us? A. Roy
No.345: The Measurability of Budget Related Rent-Seeking R.J. Allard
1995 Working papers
No.344: The Decline in Unskilled Employment in UK Manufacturing J.E. Haskel
No.343: Stable Trading Structures in Bilateral Oligopolies F. Bloch, S. Ghosal
No.342: Monetary Policy Delegation and Optimal Wage Indexation I. Mourmouras
No.341: Monetary Policy Credibility, Inflation and Long-Run Growth I. Mourmouras
No.340: The Role of Temporal Aggregation in Asset Pricing Tests A. Roy
No.339: A Satisficing Model of Learning in Extensive Form Games Y. Kim
No.338: Stabilisation Policy and Unemployment in Imperfectly Competitive Economies C. Martin, G.J. Bratsiotis
No.337: Should the UK Adopt the Social Chapter? C. Martin, B. Kersley
No.336: Regions and Citizenship in the European Union J. Grahl
No.335: Fourier Methods: A Survey D.S.G. Pollock
1994 Working papers
No.334: Efficiency Wages and Labour Demand C. Martin
No.333: Inflation, Exchange Rates and Central-Bank Policy in a Transition Economy: An Analysis of the Latvian Experience, 1992-1994 A. Vanags, J. Garry
No.332: Lectures in Time-Series Analysis and Forecasting. Book I. (reprint of Working Paper No. 289) D.S.G. Pollock
No.331: The Price of Justice: Regulating the Market for Civil Justice H. Gravelle
No.330: Changing Quality L. Filippini
No.329: Cartels, Contracts and Centralization: The Transition to Futures Trading for Primary Commodities J.E. Haskel, A. Powell
No.328: Do Other Firms Matter in Oligopolies? J.E. Haskel, P. Scaramozzino
No.327: Aggregate Demand and Agricultural Output in a Developing Economy: The Short Run R. Hopkins
No.326: Linear Filters: A Survey D.S.G. Pollock
No.325: Nonoptimal Nash Bargaining Solutions M. Mariotti
No.324: Price Formation in an Open Economy Theory and Evidence for the UK, 1951-91 C. Martin
No.323: Should the UK adopt the Social Chapter? C. Martin, B. Kersey
No.322: Changes in Political Regimes, Wage-Setting, and the Path of the Optimal Exchange Rate G. Bratsiotis
No.321: Unanimity and the Nash Bargaining Solution M. Mariotti
No.320: Why the Greek Government Must Grant Political and Economic Independence to the Central Bank of Greece I. Mourmouras
No.319: Four Essays in the Theory of Macroeconomic Policy I. Mourmouras
No.318: Has Bayesian Estimation Principle Ever Used Bayes' Rule? D. Qin
No.317: Risk Aversion and the Full Costs of Rent-Seeking R.J. Allard
No.316: Disequilibrium Policy Effects on Money Demand Relationship: Evidence from Three Economies D. Qin
No.315: Will Skill Shortages End the Recovery? J.E. Haskel, C. Martin
No.314: Bayesian Inference and Asset Pricing A. Roy
No.313: Duration Modeling with Unobserved Heterogeneity with Applications to Vacancies in Marseilles G. Teyssière
No.312: Time Series Analysis of Market Power: Evidence from G-7 Manufacturing M. Beccarello
No.311: The Political Economy of Exchange Rate Management C.L. Gilbert
No.310: Is the Fisher Effect Real? Evidence from UK Real and Nominal Bonds C.L. Gilbert , S. Yeoward
No.309: Is UK Manufacturing Leaner and Fitter? J.E. Haskel, C. Martin
No.308: The Winners and Losers from UK Privatisation J.E. Haskel
No.307: Turnover Costs and the Labour Demand Curve C. Martin
1993 Working papers
No.306: Independence and Monotonicity in Axiomatic Bargaining Theory M. Mariotti
No.305: Privatisation and X-inefficiency: A Bargaining Approach J.E. Haske, A. Sanchis Llopis
No.304: Metaphors for Time-Series Analysis D.S.G. Pollock
No.303: On "On the Interpretation of the Nash Bargaining Solution and its Extension to Non-Expected Utility Preference" by A. Rubinstein, Z. Safra & W. Thomson M. Mariotti
No.302: Rise of Bayesian Econometrics D. Qin
No.301: Specification of Stochastic Contests: Tournaments, Patent Races and Lotteries R.J. Allard
No.300: Skill Shortages, Productivity Growth and Wage Inflation in UK Manufacturing J.E. Haskel, C. Martin
No.299: Staggered and Synchronous Wage Contracts: Supply Shocks, Union and Bank Preferences, and Macroeconomic Performance G.J. Bratsiotis
No.298: Matching Process in the Labour Market in Marseilles. An Econometric Study G. Teyssière
No.297: Unions Cash Flow and Investment Decisions: Evidence from Italian Firm Data G. Urga
No.296: Can Excess Sensitivity Be Interpreted as the Proportion of Income Accruing to Liquidity Constrained Consumers? A. Lopez Mejia
No.295: Near Rationality and the Consumption Function: The U.K. Evidence A. Lopez Mejia
No.294: The Spatial Peak-Load Problem of Mass Transit Networks A. Vanags, J. Carbajo
No.293: The Nash Solution and Independence of Revealed Irrelevant Alternatives M. Mariotti
No.292: Panel Data vs Time Series Regression Analysis: An Aggregation Issue G. Urga, G. Parigi
No.291: Smoothing with Cubic Splines D.S.G. Pollock
No.290: Untitled D.S.G. Pollock
No.289: Lectures in Time-Series Analysis and Forecasting. Book I D.S.G. Pollock
No.288: Stability Conditions for Linear Stochastic Models D.S.G. Pollock
No.287: The Misspecification of Dynamic Regression Models D.S.G. Pollock
No.286: The Effects of Privatisation, Restructuring and Competition on Productivity Growth in UK Public Corporations J.E. Haskel, S. Syzmanski
1992 Working papers
No.285: Balanced Equilibrium: A Theory of Behaviour in Games M. Mariotti
No.284: On the Decision Theoretic Foundations of Game Theory M. Mariotti
No.283: A Difficulty with the Theory of Social Situations M. Mariotti
No.282: The Econometrics of Panel Data: A Selective Introduction G. Urga
No.281: Money Demand in China: The Effect of Economic Reform D.Quo , T. Wang, M. Zhou, G. Liu
No.280: On Commons' Tragedies and Myopic Preemption: the Case of a Fishery J. Pena
No.279: Deficits, Money Growth and Inflation in Italy 1865-1990 C. Favero, F. Spinelli
No.278: Natural Disasters in Latin America: Economic Patterns and Performance Rules J.M. Albala-Bertrand
No.277: Price, Marginal Cost and the Business Cycle J.E. Haskel, C. Martin, I. Small
No.276: Price Flexibility and Market Structure: A Critique and new results for the UK J.E. Haskel, C. Martin
No.275: Agricultural, Exchange Rates and Macroeconomic Policy in a Developing Economy. The Case of Peru R. Hopkins
No.274: Central Bank Independence, Policy Reforms and the Credibility of Public Debt Stabilizations I. Mourmouras, D.M. Su
No.273: UK Privatisation: Process and Outcomes J.E. Haskel
No.272: Should Governments Learn to Live with Inflation?: Comment on Fischer and Summers I. Mourmouras
No.271: Why Did UK Manufacturing Profitability Rise over the 1980s? J.E. Haskel
No.270: Error Correction and Forward-looking Models for the U.K. Consumers' Expenditure C. Favero
No.269: Contract Markets & Competition: A Note J.E. Haskel, A. Powell
No.268: Are Natural Disaster Situations a Formidable Obstacle to Growth? A Macroeconomic Model J.M. Albala-Bertrand
No.267: Productivity Growth and Measurement Error I. Small
No.266: The Costs of Commodity Price Uncertainty and Instability A. Powell
No.265: Is the Picture of Unemployment Changing? T. Butcher
No.264: Inflation, Adjustment Costs and Price-Cost Margins C. Martin
No.263: Price Adjustment and Market Structure C. Martin
No.262: Involuntary Unemployment - A Historical Note B.A. Corry
No.261: Trading Forward in an Imperfect Market: The Case of Electricity in Britain A. Powell
No.260: Do Skill Shortages Reduce Productivity? Theory and Evidence from the UK C. Martin, J.E. Haskel
No.259: Unconstrained Optimisation D.S.G. Pollock
No.258: Trade Unions and Liberalisation of International Trade J. Driffill, F. van der Ploeg
No.257: Construction of an Input-output Table of the Guatemalan Economy V. Bulmer-Thomas, D. Martin
No.256: Uncertainty and Irreversible Investment an Empirical Analysis of Development of Oil Fields in the UKCS C. Favero, M.H. Pesaran, S. Sharma
No.255: Life after Debt - The New Economic Trajectory in Latin America V. Bulmer-Thomas
No.254: No Win, No Fee : Some Economics of Contingent Legal Fees H. Gravelle, M. Waterson
No.253: Privatisation, Liberalisation, Wages and Employment: Theory and Evidence for the UK J.E. Haskel, S. Szymanski
No.252: Privatization, Jobs and Wages J.E. Haskel, S. Szymanski
No.251: Capacity and Competition: Empirical Evidence on UK Panel Data J.E. Haskel, C. Martin
No.250: The Economic Consequences of Skill Shortages J.E. Haskel, C. Martin
No.249: Some Analytical Patterns of Disaster J.M. Albala-Bertrand
No.248: Commodity Markets, Commodity Futures and International Commodity Policy C.L. Gilbert
No.247: A Conceptual Framework for the Analysis of Disasters in Economy and Society J.M. Albala-Bertrand
1991 Working papers
No.246: A Synopsis of the Smoothing Formulae Associated with the Kalman Filter H.R. Merkus, D.S.G. Pollock, A.F. de Vos
No.245: Product Price and Advice Quality: Implications of the Commission System in Life Assurance H.S.E. Gravelle
No.244: Remunerating Information Providers: Commissions versus Fees in Life Assurance H.S.E. Gravelle
No.243: Productive Structures: Mexico and the NICs. An Intertemporal and International Study F. Aroche-Reyes
No.242: Macroeconomic Policy & Game Theory J. Driffill
No.241: A Solution to the Problem of Input-output Matrix Triangularization O. Haltia
No.240: Should Marketing Boards Stabilize Prices through Forward Purchases? C.L. Gilbert
No.239: Excess Smoothness, Excess Sensitivity of Consumption and Financial Liberalization: The U.K. Evidence A. Lopez-Mejia
No.238: Cancelled
No.237: On Wage Indexing, Policy Credibility and Inflation I. Mourmouras
No.236: Margins Concentration Unions and the Business Cycle: Theory and Evidence for Britain C. Martin, J.E. Haskel
No.236: Margins Concentration Unions and the Business Cycle: Theory and Evidence for Britain C. Martin, J.E. Haskel
No.234: Combined Search/Experience Products: Does Too Much Competition Distort R&D? R.J. Allard
No.231: Domestic Price Stabilization Policies for Developing Countries C.L. Gilbert
No.230: Consumption and the Sale of the Crown's Land C.A. Favero
No.229: Taxation and the Optimization of Oil Exploration and Production: The U.K. Continental Shelf C. Favero
No.228: On the Criteria Function for Arma Estimation D.S.G. Pollock
No.227: An Index for Multivariate Statistical Analysis D.S.G. Pollock
1990 Working papers
No.226: The Causes of Skill Shortages in Britain J.E. Haskel, C. Martin
No.225: The Efficiency Implications of Cost Shifting Rules H.S.E. Gravelle
No.224: Stabilization Policy and the Real Effects of Nominal Shocks C.A. Favero, F.C. Bagliano
No.223: Oil Investment in the North Sea C.A. Favero, H.S. Pesaran
No.222: Imperfect Competition, Work Practices and Productivity Growth J.E. Haskel
No.221: Pricing and Product Market Structure in Open Economies C. Martin, G. Agolosskouf
No.220: Testing the Lucas Critique: A Review C.A. Favero, D.F. Hendry
No.219: The Choice of Invoicing Currency in International Trade: A New Approach C. Tsoukis
No.218: The Inter-Industry Wage Structure: Evidence for Britain J.E. Haskel, C. Martin
No.217: External Constraints on European Unemployment G. Alogosskoufis, C. Martin
No.216: The Efficiency of Rationing by Waiting for Health Care H.S.E. Gravelle
No.215: An Economic Evaluation of the Screening for Hearing Loss in Infants J. Brown
No.214: Skill Shortages, The Goods Market & UK Employment C. Martin
1989 Working papers
No.213: Changes in Regime and the Term Structure: A Note J. Driffill
No.212: Testing the Lucas Critique: A Review C.A. Favero, D.F. Hendry
No.211: Comparative Advantage in the Provision International Transport Services A. Vanags
No.210: Rationing Trials by Waiting: Welfare Implications H.S.E. Gravelle
No.209: Unemployment Compensation and Labour Market Transitions: A Critical Review A.B. Atkinson, J. Micklewright
No.208: The Response of Primary Commodity Prices to Exchange Rate Changes C.L. Gilbert
No.207: Difficulties in Reading Menger M. Alter
No.206: Do Economics Test Theories - Demand Analysis and Consumption Analysis as Tests of Theories of Economic Methodology C.L. Gilbert
No.205: The Welfare Economics of Controls on Commissions H.S.E. Gravelle
No.204: Futures Trading, Storage and Price Stabilization C.L. Gilbert
No.203: A Mixed-Radix Fast Fourier Transform and a Base-2 Fast Fourier Transform D.S.G. Pollock
No.202: The Misspecification of Arma Models D.S.G. Pollock
No.201: Biquadratic Functions: Stationary and Invertibility in Estimated Time-Series Models D.S.G. Pollock
No.200: Insurance Law and Adverse Selection H.S.E. Gravelle
No.199: An Exposition of Some Basic Analytics of Observability in Insurance Contracts H.S.E. Gravelle
No.198: Rationing Access to Civil Justice: Implications for Reform of the Legal System H.S.E. Gravelle
No.197: Money Demand Instability, and Rational Expectations Policy Regimes: The Case of Italy: 1964-86 C.A. Favero, F.C. Bagliano
No.196: Is an Error Correction Specification for the Consumption Function Compatible with the Life Cycle-Permanent Income-Rational Expectations Hypothesis? A Negative Answer from U.K. Data C.A. Favero
No.195: Unemployment and Early School Leaving Evidence from the Family Expenditure Survey 1978-84 J. Micklewright
No.194: Economic Theory and Econometric Models C.L. Gilbert
No.193: What Do We Know about Menger? M. Alter
No.192: Modelling Expectations Formation in Primary Commodity Markets C.L. Gilbert, T. Palaskas
No.191: Price Inflexibility and Market Structure in the Non-agricultural Sector: A Test Using Nigerian Data A. Salami
No.190: The Occupational Success of Young Men Who Left School at Sixteen S. Connolly, J. Micklewright, S. Nickell
No.189: The Estimation of Disequilibrium Models with Dispersed Trading C. Martin
No.188: The Effects of Rationing and Spillovers on Employment in UK Manufacturing C. Martin
1988 Working papers
No.187: Effective Demands and Spillovers C. Martin, R. Portes
No.186: Adverse Selection and Insurance Law H. Gravelle
No.185: Schooling Choice, Educational Maintenance and Panel Attrition J. Micklewright
No.184: British Economic History, 1945-1987 Broad Historical Narrative P. Hughes
No.183: Reputation, Cooperation and Ambitious Output in a Two Country World D. Currie, U. Hoffmeyer
No.182: Monetary and Fiscal Policy in a 'Hartian' Model of Imperfect Competition N. Rankin
No.181: Disequilibrium Modelling Using Survey Data: The Demand for Corporate Borrowing in the UK C. Martin
No.180: Effective Demands When Rationing is Stochastic C. Martin
No.179: Conflict and Cooperation in International Macroeconomic Policymaking: Past Performance and Future Prospects D. Currie, S. Wren-Lewis
No.178: A Comparison of Alternative Regimes for International Macropolicy Coordination D. Currie, S. Wren-Lewis
No.177: Should Fiscal Policy Rule the Roost? The Co-ordination of Monetary and Fiscal Policy D. Currie
No.176: Turning the Screw: Benefits for the Unemployed 1979-1988 J. Micklewright, A. Atkinson
No.175: Reputation and International Coordination: An Analytical Treatment D. Currie
No.174: The Relationship Between Spot and Period Rates in the Dry Bulk Market: Some Tests for the Period 1980-1986 A. Vanags, C. Hale
No.173: Dynamic Advertising, Price and Market Structure A.K. Tsitouras
No.172: Multiperiod Quality Improvement and R&D A.K. Tsitouras
No.172a: Corporate Borrowing and Credit Constraints Structural Disequilibrium Estimates for the UK 1964-1984 C. Martin
1987 Working papers
No.171: A Cohort Model of Central Heating Ownership in Great Britain J. Micklewright
No.170: Towards a Household Model of UK Domestic Energy Demand J. Micklewright
No.169: Quality Improvement, R&D and Market Structure A.K. Tsitouras
No.168: The Efficiency Implications of the Allocation of Litigation Costs H. Gravelle
No.167: Accidents and the Allocation of Legal Costs H. Gravelle
No.166: Evaluating the Extended Target Zone Proposal for the G3 D. Currie, S. Wren-Lewis
No.165: An International Version of Mundell's Two-Country Flexible Exchange Rates Models with Disequilibrium Microfoundations: Is Policy Interdependence Inevitable? N. Rankin
No.164: Fuel and the Family Expenditure Survey J. Micklewright, P. Baker
No.163: The Importance of Unemployment Inflows in Explaining Male Unemployment Duration, GB, 1948-1986 P.R. Hughes
No.162: International Cooperation & Reputation in an Empirical Two-Block Model D. Currie, P. Levine , N. Vidalisan
No.161: Modelling Energy Demand & Household Welfare Using Micro-Data J. Micklewright, P. Baker, R. Blundell
No.160: Choice at Sixteen J. Micklewright
1986 Working papers
No.159: The Price, Output & Exchange Rate-Overshooting Effects of Monetary, Fiscal & Exchange Intervention Policy in a Two-Country Disequilibrium Model N. Rankin
No.158: The Price, Output & Exchange Rate-Overshooting Effects of Monetary, Fiscal & Exchange Intervention Policy in a Two-Country Disequilibrium Model P. Hughes, G. Hutchinson
No.157: The History of the UK Public Sector: Aspects of Size and Performance D.J. Beeton
No.156: A Buffet-Stock Model of Personal Sector Demand for UK Liquid Aggregates A.J. Edwards
No.155: Why Do Firms Set Prices? J.S. Cubbin, A. Tsitouras
No.154: Is Unemployment Irreversible? P. Hughes, G. Hutchinson
No.153: Insurance and Corrective Taxes in the Health Care Market H.S.E. Gravelle
No.152: The Treasury Model Under Rational Expectations A.P. Blake
No.151: Approximate Linear Solutions for Non-Linear R.E. Models: A Technique and Some Problems A.P. Blake
No.150: On the Extension of the "Correspondence Principle" to Perfect Foresight Models N. Rankin
No.149: On the Size of the Public Sector D.J. Beeton
1985 Working papers
No.148: Alternative Financial Policy Rules in an Open Economy Under Rational and Adaptive Expectations R. Whittaker, D. Currie, K. Blackburn, S. Wren-Lewis
No.147: Credibility with Time Inconsistency in a Stochastic World D. Currie, P. Levine
No.146: Efficiency of the Dollar Foreign Exchange Markets: Monetary News With Systems Estimation & Cross-Equation Parameter Restrictions G.P. Lyons
No.145: Taxation versus Spending as the Fiscal Instrument for Demand Management: A Disequilibrium Welfare Approach N. Rankin
No.144: Debt Policy under Fixed and Flexible Prices N. Rankin
No.143: Price Level Indeterminacy Under an Interest Rate Rule: A Resolution K. Blackburn, D. Currie
No.142: Is the Growth of Government Inevitable? A Critical Assessment of the "Global" Theories of Public Sector Expansion D.J. Beeton
No.141: The Elementary Macroeconomic Consequences of Differing Public & Private Sector Wage M.H. Peston
No.140: Contingent Wage Agreements: The Historical & International Evidence on Their Determinants & Effects D.J. Beeton
No.139: The Relationship Between Consumers' Expenditure & General Government Expenditure: Some Preliminary Results D.J. Beeton
No.138: Testing Efficiency on the London International Financial Futures Exchange G.P. Lyons
No.137: Default Risk and The Price of Punishment H. Gravelle
No.136: The Balance of Payments Crisis and Adjustment Programmes in Central America V. Bulmer-Thomas
No.135: Interest Parity, The Degree of Capital Mobility & the Information Contents of the Exchange Rate and the Interest Rate:Clarifications K. Blackburn
No.134: Wagner's Law & How to Test It: The Growth of Government in the U.K., 1963-78 D.J. Beeton
No.133: Contract Staggering When the Short Side of the Labour Market Determine Employment,and When Wages are Indexed: Variations on a Model of Fethke & Policano D.J. Beeton
No.132: Untitled D.S.G. Pollock
1984 Working papers
No.131: The Relevance of Arrow's Impossibility Theory to Bergson-Samuelson Social Welfare Functions J. Wriglesworth
No.130: Consumption & Income: Some Simple Exercises with Panel Data A. Drobny, A. Speight
No.129: Macroeconomic Policy Design & Control Theory - A Failed Partnership D. Currie
No.128: High & Low Inflation Equilibria in a Monetary Rational Expectations Model of Inflation D. Currie, S. Gazioglu
No.127: Macroeconomic Policy Design in an Interdependent World D. Currie, P. Levine
No.126: The Optimal Choice of Monetary Target in Some Simple Rational Expectations Models K. Blackburn
No.125: Time Series Analysis of Mortality and Unemployment H.S.E. Gravelle
No.124: The Design of Feedback Rules in Linear Stochastic Rational Expectations Models D. Currie, P. Levine
No.123: Simple Macropolicy Rules for the Open Economy D. Currie, P. Levine
No.122: The Labour Market in an Equilibrium Business Cycle Model: A Note on Price Inertia A. Drobny, D. Klonis
No.121: A Stability in an Open Economy Model: A Comparison of Adaptive and Rational Expectations in the Foreign Exchange Market D. Currie, K. Blackburn
No.120: Rational Expectations Models with Partial Information D. Currie, J. Pearlman, P. Levine
No.119: Single Profile Impossibilities Without Neutrality J. Wriglesworth
No.118: The Three Consumer Surpluses as Welfare Measures J. Wriglesworth, H.S.E. Gravelle
No.117: Price Level Expectations: A Clarification & Critique of Milton Friedman's Natural Rate Hypothesis A. Drobny, J. Wriglesworth
No.116: The Elementary Macroeconomic Consequences of Differing Public and Private Sector Money Wages M.H. Peston
No.115: Respecting Individual Rights in Social Choice A.J. Wriglesworth
No.115: Economic Analysis of Health Service Professions: A Survey for Sociologists H.S.E. Gravelle
No.114: An Evaluation of Alternative Indictor Regimes for Monetary Policy D. Currie, P. Levine
No.113: Overlapping Wage Contracts & Exchange Rate Overshooting D. Currie
No.112: The Alleged Inconsistency of Adam Smith's Theory of Natural Prices - A Reappraisal B.A. Corry, C.D. Aivalis
No.111: The Changing Picture of Male Unemployment in Great Britain 1972-1981 G. Hutchinson, P. Hughes
No.110: Abstraction, Assumption & Commensuration S. Mohun, S. Himmelweit
No.109: Exchange Rate & Price Level Volatility Under Partial Information D. Currie, P. Levine
No.108: A Test of Price Level Stickiness & the Feasibility of Monetary Stabilization D. Klonis
No.107: Seasonality and the Opportunity Costs of Family Labour in Agriculture C.P. Bellas
No.106: Union Relative Wage Effects: A Cross Section Analysis Using Establishment Data D. Blanchflower
No.105: Value Theory S. Mohun
No.104: Untitled A. Drobny
No.103: Causality and the Equilibrium Theory of Employment Fluctuation: Results from the U.K A. Drobny, R. Gausden
1983 Working papers
No.102: Optimal Feedback Rules in an Open Economy Macromodel with Rational Expectations D. Currie, P. Levine
No.101: An Evaluation of Monetary & Exchange Rate Targets D. Currie, E. Karakitsos
No.100: Identification of Linear Stochastic Models with Covariance Restrictions D.S.G. Pollock
No.99: Imperfect Information and Wage Inertia in the Business Cycle: A Comment D. Currie, J. Pearlman
No.98: Wage Indexing Rules under Variable Labour Supply D.J. Beeton
No.97: Flows to and from Unemployment: Is the Register Bimodel? P.R. Hughes
No.96: Economic Development over the Long Run - Central America Since 1920 V. Bulmer-Thomas
No.95: Judicial Review and Public Firms H.S.E. Gravelle
1982 Working papers
No.94: The Stability of the Cournot Oligopoly Model: Reassessment A. Ai-Nowaihi, P. Levine
No.93: Stochastic Macroeconomic Policy Simulations for a Small Open Economy D. Currie, P. Levine
No.92: The Asymptotic Covariance Matrix of the LIML Estimator of Subsystems of a Simultaneous-Equation Model D.S.G. Pollock
No.91: Structural Instability in a Rational Expectations Model of a Small Open Economy with J Curve D. Currie
No.90: Bargaining & Efficiency in Public & Private Sector Firms H.S.E. Gravelle
No.89: The Influence of Minimum Wage Rates on the Level and Distribution of Real Wages in Chile 1960-1972 A. Drobny
No.88: Income Distribution and the Minimum Wage in Brazil A. Drobny, J. Wells
No.87: A Solution Technique for Discrete and Continuous Time Stochastic Dynamic Models under Rational Expectations with Full & Partial Information Sets D. Currie, P. Levine
No.86: Tensor Products and Matrix Differential Calculus D.S.G. Pollock
No.85: Application of Input-Output Analysis for Less Developed Countries (LDCs) V. Bulmer-Thomas
No.84: The Central American Economies in the Inter-War Period V. Bulmer-Thomas
No.83: Reward Structures in a Planned Economy: Comment H.S.E. Gravelle
No.82: The Government Financing Constraint, Wealth Effects and External Balances E. Pentecost
No.81: Wealth Effects, Treasury Bill Financing Stability D. Currie, S. Gazioglouand
No.80: Estimation de modeles de regression avec relations entre les variables endogenes D.S.G. Pollock
No.79: A Note on the Computation of the Restricted Least-Squares Estimates D.S.G. Pollock
No.78: Monetary & Exchange Rate Targets in the NIESR Model: A Stochastic Control Evaluation (1) D. Currie, E. Karakitsos
1981 Working papers
No.77: Breast Cancer Screening & Health Service Costs H.S.E. Gravelle, P. Simpson, J. Chamberlai
No.76: The Estimation of Regression Models with Restricted Dependent Variables D.S.G. Pollock
No.75: Public Enterprise Management Incentive Mechanisms Some Difficulties H.S.E. Gravelle
No.74: Optimal Prices & Rate of Return Constraints H.S.E. Gravelle
No.73: Mortality & Unemployment: A Cautionary Note H.S.E. Gravelle, G. Hutchinson, J. Stern
No.72: Incentives, Efficiency & Control in Public Firms H.S.E. Gravelle
No.71: Monetary Overshooting and the Exchange Rate D. Currie
No.70: Two Reduced-Form Approaches to the Derivation of the Maximum-Likelihood Estimators of Simultaneous-Equation Systems D.S.G. Pollock
1980 Working papers
No.69: Unemployment and Demand Deficiency A. Coddington
No.68: Advertising and the Theory of Entry Barriers J.S. Cubbin
No.67: Interest Rates, Inflation & Growth in Financially Repressed Economics D. Currie
No.66: Money Supply Rules, Government Financing & The Design of Automatic Policy Responses D. Currie
No.65: Expenditures of Monopoly Acquisition R.J. Allard
No.64: Varieties of the LIML Estimator D.S.G. Pollock
No.63: The LBS Forecasting Model & Exchange Rate Determination E. Pentecost
1979 Working papers
No.62: Catastrophe Theory and its Applications to Economics A.C.O. Kwok
No.61: Stability in Monetary Models of Inflation with an Endogenous Budget D. Currie
No.60: A Sequential Approach to the Dynamic Specification of the Demand for Young Male Labour in Great Britain G. Hutchinson, N. Barr, A. Drobny
No.59: Some Long Run Features of Dynamic Time Series Models D. Currie
No.58: Dennis Robertson on the Short Period Dynamics of Recovery M. Danes
No.57: The Announcement Effects of a Theoretical Revolution Robertson, Keynes and Keynes' General Theory M. Danes
No.56: An Outline of Dennis Robertson's Approach to the Foundations of Aggregative Theory M. Danes
1978 Working papers
No.55: Ideology, Knowledge & Neoclassical Economics: Some Elements of a Marxist Account S. Mohun
No.54: Trade Union Effects on Wage Gains C.J. Paisley
No.53: Monetary & Fiscal Policy and the Crowding-Out Issue D. Currie
No.52: The Anomalies of Capital S. Mohun, S. Himmelweit
No.51: The Effect of Market Structure and Production Technology on the Incentives for Cheating C.W.F. Baden-Fuller
1977 Working papers
No.50: On the Stability of Modified Keynesian Stabilisation Techniques D. Currie
No.49: A Reconsideration of the Balanced Budget Multiplier D. Currie, E. Katz
No.48: Three Kinds of Keynesian A. Coddington
No.47: Econometrics and Macro-Economics J.G. Grahl
No.46: Keynes and the History of Economic Thought - Some Reflections B.A. Corry
No.45: Keynes, Dunlop and Real Wages over the Cycle M. Danes
No.44: A Diagrammatic Exposition of Instability in the Presence of Money, Finance and Capital Mobility E. Katz
No.43: The Modern Corporation and the Modern Economist: A Review Article A. Coddington
No.42: Macroeconomic Policy and the Government Financing Requirements: A Survey of Recent Developments D. Currie
1976 Working papers
No.41: The Efficacy of Fiscal and Monetary Policies under Floating Exchange Rates etc E. Katz
No.40: The Efficacy of Fiscal and Monetary Policies under Floating Exchange Rates etc A. Coddington
No.39: Notes on the Peak Load Problem with Feasible Storage H.S.E. Gravelle
No.38: Notes on Inflation C.S. Soper
No.37: A Note on Consumer Technology & Advertising E. Katz
No.36: The Economic Evaluation of Screening for Breast Cancer: A Tentative Methodology H.S.E. Gravelle
No.35: Regulation, Peak Loads and Storage H.S.E. Gravelle
No.34: Insurance and the Value of Changes in Risk H.S.E. Gravelle
No.33: Credit Restrictions and Lag Distributions on Consumer Durable Equations R.J. Allard
No.32: Capital Gains Tax - An Automatic Stabiliser or Destabiliser? E. Katz
No.31: Money, Saving and Portfolio Choice under Uncertainty E. Katz, A. Vanags
No.30: A Note on Crowding Out M.H. Peston
No.29: Likes, Dislikes and Gambling E. Katz
No.28: Uncertainty, the Second Best, and Public Policy R. Rees
No.27: Private Beds and Social Benefits: An Analytical Note R. Rees
No.26: The Adequacy and Applicability of Economic Theories: A Perspective on the Methodological Views of Robbins and Friedman A. Coddington
1975 Working papers
No.25: Consistency and Commitment in the Realisation on Extended Plans A. Coddington
No.24: Bond Finance, Perfect Capital Mobility & Stability E. Katz
No.23: Financial Targets & X-Efficiency in Public Enterprises H.S.E. Gravelle, E. Katz
No.22: A Note of Consumer Technology & Advertising E. Katz
No.21: Monetary and Fiscal Policy and the Balance of Payments in the Long Run D. Currie
No.20: Capital Mobility and Stability D. Currie, E. Katz
No.19: A Synthesis of Matrix Differential Calculus D.S.G. Pollock
No.18: A Postscript on Three Stage Least Square and Full Information Maximum Likelihood D.S.G. Pollock
No.17: Capital Mobility and Currency Unions: The Small Country E. Katz, M.J. Flanders
No.16: Effective Demand Failures: A Further Comment D. Currie
No.15: Some Monetary Implication of International Transfer D. Currie, E. Katz
No.14: Varieties of Keynesianism A. Coddington
No.13: Some Criticisms of the Monetary Analysis of Balance of Payments Correction D. Currie
No.12: International Capital Flows and Portfolio Equilibrium - A Comment D. Currie
No.11: Optimal Stabilisation Policies and the Government Budget Constraint D. Currie
No.10: A Note on the Theory of the J Curve E. Katz
No.9: The Contribution of Unwanted Amortisation Funds to Net Investment: A Reconsideration E. Katz
No.8: The Government Budget Constraint and Inflation: Some Dynamic Implications D. Currie
No.7: Money, Income and Causality - A Comment D. Currie
1974 Working papers
No.6: The Economics of Educational Policy A. Ziderman
No.5: Government Training Centre in Britain: A Cost Benefit Study A. Ziderman
No.4: A Further Note on the Existence of Classes in Kaldor-Pasinetti Models of Income Distribution E. Katz
No.3: Interest Rates, Expectations and Exchange Rate Stability E. Katz
No.2: Public Sector Pricing with Foreign Demand M.H. Peston, E. Katz, H.S.E. Gravelle
No.1: A Note on G.E.S.S.E.R. (Generalised Estimators of Systems Subject to Exact Restrictions) D.S.G. Pollock
