Details about A. Patrick L. Minford

Homepage:	http://www.cf.ac.uk/carbs/econ/webbbd/pm.html
Workplace:	Economics Section, Cardiff Business School, Cardiff University, (more information at EDIRC) Institute of Economic Affairs (IEA), (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by A. Patrick L. Minford.

Last updated 2008-08-24. Update your information in the RePEc Author Service.

Short-id: pmi137

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Working Papers

2008

1. Are Central Bank Preferences Asymmetric? A Comment
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
   See Also Journal Article in Economic Notes (2008)
2. Can a pure Real Business Cycle Model explain the real exchange rate?
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
3. Can the Facts of UK Inflation Persistence be Explained by Nominal Rigidity?
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
   Also in
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
4. Commentary on Economic Projections and Rules of Thumb for Monetary Policy (by Athanasios Orphanides and Volker Wieland)
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
5. Real Exchange Rate Overshooting in Real Business Cycle Model - An Empirical Evidence From India
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
6. Testing a DSGE model of the EU using indirect inference
   CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis
   Also in
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2008)
7. Testing a Model of the UK by the Method of Indirect Inference
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2008) View citations
8. Vicious and Virtuous Circles - The Political Economy of Unemployment in Interwar UK and USA
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2006)
   Keele Economics Research Papers, Centre for Economic Research, Keele University (2006)
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2006)

2007

9. An Endogenous Taylor Condition in an Endogenous Growth Monetary Policy Model
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations
10. Are the facts of UK inflation persistence to be explained by nominal rigidity or changes in monetary regime?
    WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London
11. Calvo Contracts - Optimal Indexation in General Equilibrium
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
12. Growth and relative living standards - testing Barriers to Riches on post-war panel data
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)
13. Optimising Indexation Arrangements under Calvo Contracts and their Implications for Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2007)

2006

14. Joining the European Monetary Union - Comparing First and Second Generation Open Economy Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
15. Monetary Regimes: Is There a Trade-Off Between Consumption and Employment Variability?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2006)
16. On the Equality of Real Interest Rates Across Borders in Integrated Capital Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2005)
    See Also Journal Article in Open Economies Review (2007)
17. Simulating Stock Returns Under Switching Regimes - A New Test of Market Efficiency
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2006)
    See Also Journal Article in Economics Letters (2007)
18. Testing a Simple Structural Model of Endogenous Growth
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis
19. The political economy of unemployment and threshold effects. A nonlinear time series approach
    Keele Economics Research Papers, Centre for Economic Research, Keele University View citations
20. UK Inflation Persistence: Policy or Nature?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
21. Vicious and Virtuous Circles: The Political Economy of Unemployment
    Keele Economics Research Papers, Centre for Economic Research, Keele University View citations
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations

2005

22. Explaining The Equity Risk Premium
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See Also Journal Article in Manchester School (2006)
23. Opportunistic Monetary Policy: an Alternative Rationalization
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations
    See Also Journal Article in Journal of Economics and Business (2006)
24. Real Exchange Rate Overshooting RBC Style
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
25. Would price-level targeting destabilise the economy?
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section

2004

26. An Open Economy Real Business Cycle Model for the UK
    Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group
27. Calvo Contracts: A Critique
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
28. The A W Phillips memorial lecture to the New Zealand Association of Economists: Monetary Policy – should it move onto a price level target?
    Macroeconomics, EconWPA

2003

29. Understanding the Opportunistic Approach to Disinflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2002

30. Exploitability as a Specification Test of the Phillips Curve
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
31. Joining the Euro - the Macro Effects on the UK Economy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
32. The Observational Equivalence of Taylor Rule and Taylor-type Rules
    Royal Economic Society Annual Conference 2002, Royal Economic Society View citations
    Also in
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations

2000

33. Optimal Monetary Policy with Endogenous Contracts: Should we Return to a Commodity Standard?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1999

34. Nominal Contracts and Monetary Targets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1997

35. Nominal Contracts as Behaviour Towards Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1995

36. Monetarism
    Working Papers, California Davis - Institute of Governmental Affairs
    Also in
    Department of Economics, California Davis - Department of Economics (1995)
    See Also Journal Article in World Economics (2004)
37. The Elixir of Growth: Trade, Non-Traded Goods and Development
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1993

38. Other People's Money: The Microfoundations of Optimal Currency Areas
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
39. The Political Economy of the Exchange Rate Mechanism
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See Also Journal Article in Open Economies Review (1994)
40. Time-inconsistency, Democracy and Optimal Contingent Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See Also Journal Article in Oxford Economic Papers (1995)

1992

41. The Price of EMU Revisited
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1991

42. The European Monetary System: Achievements and Survival
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1988

43. A Labour-Based Theory of International Trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
44. A Political Model of Credibility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
45. The Poverty Trap and the Laffer Curve: What Can the GHS Tell Us?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See Also Journal Article in Oxford Economic Papers (1991)
46. Wages and Unemployment Half a Century on
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1987

47. Policy Interdependence: Does Strategic Behaviour Pay? An Empirical Investigation Using the Liverpool World Model
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
48. The Effects of Housing Distortions on Unemployment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See Also Journal Article in Oxford Economic Papers (1988)

1986

49. Germany and the European disease
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations
50. Rational Expectations and Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See Also Journal Article in Scottish Journal of Political Economy (1986)
51. When International Policy Coordination Matters: An Empirical Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See Also Journal Article in Applied Economics (1988)

1985

52. Interest Rates and Bond-Financed Deficits in a Ricardian Two-Party Democracy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1984

53. The Effects of American Policies - A New Classical Interpretation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

Journal Articles

2008

1. Are Central Bank Preferences Asymmetric? A Comment
   Economic Notes, 2008, 37, (1), 119-126
   See Also Working Paper (2008)
2. Commentary on "Economic projections and rules of thumb for monetary policy "
   Review, 2008, (Jul), 331-338
3. Partial current information and signal extraction in a rational expectations macroeconomic model: A computational solution
   Economic Modelling, 2008, 25, (2), 255-273

2007

4. On the Equality of Real Interest Rates Across Borders in Integrated Capital Markets
   Open Economies Review, 2007, 18, (1), 119-125
   See Also Working Paper (2006)
5. Simulating stock returns under switching regimes - A new test of market efficiency
   Economics Letters, 2007, 94, (2), 235-239
   See Also Working Paper (2006)

2006

6. Competitiveness in a globalised world: a commentary
   Journal of International Business Studies, 2006, 37, (2), 176-178
7. EXPLAINING THE EQUITY RISK PREMIUM
   Manchester School, 2006, 74, (6), 670-700
   See Also Working Paper (2005)
8. Joining the European Monetary Union—Comparing First and Second Generation Open Economy Models
   Open Economies Review, 2006, 17, (3), 281-296 View citations
9. Measuring the Economic Costs and Benefits of the EU
   Open Economies Review, 2006, 17, (4), 509-524
10. Opportunistic monetary policy: An alternative rationalization
    Journal of Economics and Business, 2006, 58, (5-6), 366-372 View citations
    See Also Working Paper (2005)

2005

11. Estimating large rational expectations models by FIML--some experiments using a new algorithm with bootstrap confidence limits
    Economic Modelling, 2005, 22, (1), 187-205 View citations

2004

12. Britain and EMU: Assessing the Costs in Macroeconomic Variability
    The World Economy, 2004, 27, (3), 301-358 View citations
13. Monetarism
    World Economics, 2004, 5, (2), 147-185
    See Also Working Paper (1995)

2003

14. How Different are Money Supply Rules from Taylor Rules?
    Indian Economic Review, 2003, 38, (2), 157-166 View citations
15. Nominal Contracting and Monetary Targets -- Drifting into Indexation
    Economic Journal, 2003, 113, (484), 65-100 View citations
16. Optimal monetary policy: is price-level targeting the next step?
    Scottish Journal of Political Economy, 2003, 50, (5), 650-667 View citations

2002

17. Are interest rate regressions evidence for a Taylor rule?
    Economics Letters, 2002, 76, (1), 145-150 View citations
18. Couts et avantages de l'UEM pour le Royaume-Uni, le "cinquieme test"
    Economie Internationale, 2002, (3Q), 115-143

1997

19. Growth, Employment and Economic Reform Lessons for South Africa
    South African Journal of Economics, 1997, 65, (4), 202-213 View citations

1996

20. British Inflation and Unemployment in the 1970s: A Model-Based Decomposition
    Applied Economics, 1996, 28, (1), 103-15
21. On Comparing Macroeconomic Models Using Forecast Encompassing Tests
    Oxford Bulletin of Economics and Statistics, 1996, 58, (2), 279-305 View citations

1995

22. Other people's money: Cash-in-advance microfoundations for optimal currency areas
    Journal of International Money and Finance, 1995, 14, (3), 427-440 View citations
23. Time-Inconsistency, Democracy, and Optimal Contingent Rules
    Oxford Economic Papers, 1995, 47, (2), 195-210 View citations
    See Also Working Paper (1993)

1994

24. An Econometric Model of Merseyside: Validation and Policy Simulations
    Regional Studies, 1994, 28, (6), 563-575 View citations
25. An algorithm for the solution of non-linear forward rational expectations models with current partial information
    Economic Modelling, 1994, 11, (3), 351-358 View citations
26. The political economy of the Exchange Rate Mechanism
    Open Economies Review, 1994, 5, (3), 235-247
    See Also Working Paper (1993)

1993

27. Has Labour Market Economics Achieved a Synthesis? Review Article
    Economic Journal, 1993, 103, (419), 1050-56

1991

28. The Poverty Trap and the Laffer Curve--What Can the GHS Tell Us?
    Oxford Economic Papers, 1991, 43, (2), 245-79 View citations
    See Also Working Paper (1988)

1990

29. Inflation and Monetary Policy
    Oxford Review of Economic Policy, 1990, 6, (4), 62-76
30. Monetary imperfection, regulation, and discretion: A review essay
    Journal of Monetary Economics, 1990, 26, (2), 319-325
31. Target zones and exchange rate management: A stability analysis of the European Monetary System
    Open Economies Review, 1990, 1, (2), 175-200

1989

32. Housing, Wages and UK Labour Markets: Comments
    Oxford Bulletin of Economics and Statistics, 1989, 51, (2), 150-53
33. Modelling the role of government deficits in developing countries
    Economic Modelling, 1989, 6, (2), 106-173

1988

34. Outlook after the Budget
    Fiscal Studies, 1988, 9, (2), 30-37
35. The Effects of Housing Distortions on Unemployment
    Oxford Economic Papers, 1988, 40, (2), 322-45 View citations
    See Also Working Paper (1987)
36. When International Policy Coordination Matters: An Empirical Analysi s
    Applied Economics, 1988, 20, (9), 1137-54 View citations
    See Also Working Paper (1986)

1986

37. A new classical econometric model of the world economy
    Economic Modelling, 1986, 3, (3), 154-174 View citations
38. Rational Expectations and Monetary Policy
    Scottish Journal of Political Economy, 1986, 33, (4), 317-33
    See Also Working Paper (1986)

1985

39. Unemployment and Real Wages: The Role of Unemployment, Social Security Benefits and Unionisation [Labour Market Equilibrium in an Open Economy]: Reply
    Oxford Economic Papers, 1985, 37, (2), 339-43

1984

40. A Review of Unemployment: Cause and Cure, by Patrick Minford with David Davies, Michael Peel and Alison Sprague: Response
    Economic Journal, 1984, 94, (376), 954-59 View citations
41. Testing for Unbiasedness and Efficiency under Incomplete Current Information
    Bulletin of Economic Research, 1984, 36, (1), 1-7
42. The Liverpool macroeconomic model of the United Kingdom
    Economic Modelling, 1984, 1, (1), 24-62 View citations

1983

43. Dynamic predictive tests of a model under adaptive and rational expectations
    Economics Letters, 1983, 11, (1-2), 115-121
44. Equilibrium price-output and the (non) insulating properties of fixed exchange rates: A comment
    Journal of International Money and Finance, 1983, 2, (3), 355-356
45. Labour Market Equilibrium in an Open Economy
    Oxford Economic Papers, 1983, 35, 207-44 View citations
46. On the effectiveness of automatic stabilizers under rational expectations when there is partial current information
    Economics Letters, 1983, 11, (3), 225-229
47. Some Implications of Partial Current Information Sets in Macroeconomic Models Embodying Rational Expectations
    The Manchester School of Economic & Social Studies, 1983, 51, (3), 235-49 View citations
48. The IFS position on unemployment benefits
    Fiscal Studies, 1983, 4, (1), 66-73

1982

49. The Microfoundations of the Phillips Curve with Rational Expectations
    Oxford Economic Papers, 1982, 34, (3), 449-51
50. The political theory of the business cycle
    European Economic Review, 1982, 17, (2), 253-270 View citations

1981

51. The Exchange Rate and Monetary Policy
    Oxford Economic Papers, 1981, 33, 120-42
52. The Role of Monetary Stabilization Policy under Rational Expectations
    The Manchester School of Economic & Social Studies, 1981, 49, (1), 39-50 View citations

1980

53. A rational expectations model of the U.K. under floating exchange rates
    European Economic Review, 1980, 14, (2), 189-219 View citations
54. A rational expectations model of the United Kingdom under fixed and floating exchange rates
    Carnegie-Rochester Conference Series on Public Policy, 1980, 12, (1), 293-355 View citations
55. A rational expectations model of the United Kingdom under fixed and floating exchange rates: Errata
    Carnegie-Rochester Conference Series on Public Policy, 1980, 13, (1), 299-355
56. Private Sector Expenditure and Financial Asset Accumulation in the U.K
    Journal of Money, Credit and Banking, 1980, 12, (4), 644-53
57. The Natural Rate Hypothesis and Rational Expectations-A Critique of Some Recent Developments
    Oxford Economic Papers, 1980, 32, (1), 71-81

1979

58. Terminal conditions as a means of ensuring unique solutions for rational expectations models with forward expectations
    Economics Letters, 1979, 4, (2), 117-120
59. The classical supply hypothesis and the observational equivalence of Classical and Keynesian models
    Economics Letters, 1979, 4, (3), 229-233