Details about Vito Antonio Muscatelli

Access statistics for papers by Vito Antonio Muscatelli.

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Short-id: pmu60

Working Papers

2006

1. Asymmetries in the Responses of Sub-Central Governments to Changes in Grants: Evidence From an Event Study
   ERSA conference papers, European Regional Science Association
2. The Role of Fiscal Policy in a Monetary Union: Are National Automatic Stabilizers Effective?
   CESifo Working Paper Series, CESifo Group Munich View citations
   See also Journal Article in Review of International Economics (2008)

2005

3. Analyzing the Interaction of Monetary and Fiscal Policy: Does Fiscal Policy Play a Valuable Role in Stabilisation?
   Working Papers, Department of Economics, University of Glasgow
4. Fiscal Federalism and Fiscal Consolidation: Evidence from an Event Study
   Working Papers, Department of Economics, University of Glasgow View citations
5. Fiscal and Monetary policy Interactions in a New Keynesian Model with Liquidity Constraints
   Working Papers, Department of Economics, University of Glasgow View citations
   Also in CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2004) View citations
   Working Papers, University of Milano-Bicocca, Department of Economics (2004) View citations
6. How do Sub-Central Government react to cuts in grants received from Central Governments Evidence from a Panel of 15 OECD Countries
   Working Papers, Department of Economics, University of Glasgow View citations
7. Macroeconomic Adjustment in the Euro-area: The Role of Fiscal Policy
   Working Papers, Department of Economics, University of Glasgow View citations

2004

8. Can Fiscal Policy Help Macroeconomic Stabilisation? Evidence from a New Keynesian Model with Liquidity Constraints
   CESifo Working Paper Series, CESifo Group Munich View citations
9. FISCAL CONSOLIDATION AND DECENTRALISATION: A TALE OF TWO TIERS
   Working Papers, Department of Economics, University of Glasgow View citations
   See also Journal Article in Fiscal Studies (2005)
10. Fiscal Federalism, Fiscal Consolidations and Cuts in Central Government Grants: Evidence from an Event Study
    ERSA conference papers, European Regional Science Association View citations
    Also in CESifo Working Paper Series, CESifo Group Munich (2004) View citations
11. Sticky Prices vs Limited Participation: What do we Learn from the Data?
    Working Papers, Department of Economics, University of Glasgow
12. The interaction of fiscal and monetary policies: some evidence using structural econometric models'
    Money Macro and Finance (MMF) Research Group Conference 2003, Money Macro and Finance Research Group View citations

2003

13. A Simple and Flexible Alternative to the Stability and Growth Pact Deficit Ceilings. Is it at hand?
    CESifo Working Paper Series, CESifo Group Munich View citations
14. Fiscal and Monetary Policy Interactions: Empirical Evidence and Optimal Policy Using a Structural New Keynesian Model
    CESifo Working Paper Series, CESifo Group Munich
    See also Journal Article in Journal of Macroeconomics (2004)

2002

15. Do Central Banks have Precautionary Demands for Expansions and for Price Stability?
    Working Papers, Department of Economics, University of Glasgow View citations
16. Do Central Banks have Precautionary Demands for Expansions and for Price Stability? -- Theory and Evidence
    CESifo Working Paper Series, CESifo Group Munich View citations
17. Fiscal federalism and Fiscal Autonomy: Lessons for the UK from other Industrialised Countries
    Working Papers, Department of Economics, University of Glasgow View citations
18. Monetary and Fiscal Policy Interactions over the Cycle: Some Empirical Evidence
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Working Papers, Department of Economics, University of Glasgow (2002) View citations
19. Whoís Afraid of the Big Bad Central Bank? Union-Firm-Central Bank Interactions and Inflation in a Monetary Union
    Royal Economic Society Annual Conference 2002, Royal Economic Society

2001

20. Real Exchange Rates in the Long Run: Evidence from Historical Data
    Working Papers, Department of Economics, University of Glasgow

2000

21. Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Working Papers, Department of Economics, University of Glasgow (1999) View citations
    See also Journal Article in Manchester School (2002)
22. NEW INTERNATIONAL COMPARISONS OF PRODUCTIVITY PERFORMANCE: A SECTORAL ANALYSIS AND A COMPARISON OF UK PERFORMANCE
    Working Papers, Department of Economics, University of Glasgow
23. Political Uncertainty, Public Expenditure and Growth
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Working Papers, Department of Economics, University of Glasgow View citations
    See also Journal Article in European Journal of Political Economy (2004)
24. Real Business Cycles of Sticky Prices? The Impact of Technology Shocks on US Manufacturing
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations
    Also in Working Papers, Department of Economics, University of Glasgow (1999) View citations

1998

25. Inflation Contracts And Inflation Targets Under Uncertainty: Why We Might Need Conservative Bankers
    Working Papers, Department of Economics, University of Glasgow View citations
26. Institutional Change, Inflation Targeting and the Stability of Interest Rate Reaction Functions
    Working Papers, Department of Economics, University of Glasgow View citations
    Also in Working Papers, University of Milano-Bicocca, Department of Economics (1998) View citations
27. The Interaction Between Business Cycles and Productivity Growth: Evidence from US Industrial Data
    Working Papers, Department of Economics, University of Glasgow View citations

1996

28. Flexibility, Structural Change and the Global Economy
    Working Papers, Department of Economics, University of Glasgow
29. Institutional Change, Inflation Targets and the Stability of Interest Rate Reaction Functions in OECD Economies"
    Working Papers, Department of Economics, University of Glasgow View citations
30. Political Consensus, Uncertain Preferences and Central Bank Independence
    Working Papers, Department of Economics, University of Glasgow
    See also Journal Article in Oxford Economic Papers (1998)

1992

31. Demand and Supply Factors in the Determination of NIE Exports: A Simultaneous Error-Correction Model for Hong Kong Exports
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1990

32. The Empirical Modelling of NIE Exports: An Evaluation of Different Approaches
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

Undated

33. Business Cycles and Productivity Growth: Are Temporary Downturns Productive or Wasteful?
    Working Papers, Department of Economics, University of Glasgow View citations
    See also Journal Article in Research in Economics (1999)
34. Modelling Stock Market Excess Returns by Markov Modulated Gaussian Noise
    Working Papers, Department of Economics, University of Glasgow
35. Real Exchange Rates in the Long Run: Evidence from Historical Data (Figures)
    Working Papers, Department of Economics, University of Glasgow

Journal Articles

2008

1. Nonlinear Taylor Rules and Asymmetric Preferences in Central Banking: Evidence from the United Kingdom and the United States
   The B.E. Journal of Macroeconomics, 2008, 8, (1) View citations
2. The Role of Fiscal Policy in a Monetary Union: are National Automatic Stabilizers Effective?
   Review of International Economics, 2008, 16, (3), 591-610
   See also Working Paper (2006)

2007

3. Macroeconomic shocks, structural change and real exchange rates: Evidence from historical data
   Journal of International Money and Finance, 2007, 26, (8), 1403-1423

2005

4. Fiscal consolidation and decentralisation: a tale of two tiers
   Fiscal Studies, 2005, 26, (2), 169-195 View citations
   See also Working Paper (2004)
5. Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing
   European Economic Review, 2005, 49, (3), 745-760

2004

6. Fiscal and monetary policy interactions: Empirical evidence and optimal policy using a structural New-Keynesian model
   Journal of Macroeconomics, 2004, 26, (2), 257-280 View citations
   See also Working Paper (2003)
7. Political uncertainty, public expenditure and growth
   European Journal of Political Economy, 2004, 20, (1), 153-179 View citations
   See also Working Paper (2000)

2003

8. 'Policy Rules-the Next Steps'-Scottish Journal of Political Economy Special Issue
   Scottish Journal of Political Economy, 2003, 50, (5), i-iii
9. Some new international comparisons of productivity performance at the sectoral level
   Journal Of The Royal Statistical Society Series A, 2003, 166, (1), 85-104 View citations

2002

10. Does Institutional Change Really Matter? Inflation Targets, Central Bank Reform and Interest Rate Policy in the OECD Countries
    Manchester School, 2002, 70, (4), 487-527 View citations
    See also Working Paper (2000)
11. Monetary Policy on the Road to EMU: The Dominance of External Constraints on Domestic Objectives
    Annales d'Economie et de Statistique, 2002, (67-68), 13 View citations

2001

12. Unemployment and Growth: Some Empirical Evidence from Structural Time Series Models
    Applied Economics, 2001, 33, (8), 1083-88 View citations

2000

13. Fisher, Barro, and the Italian Interest Rate, 1845-93
    Journal of Policy Modeling, 2000, 22, (2), 149-169
14. L'insegnamento dell'Economia nelle universita' inglesi
    Rivista Italiana degli Economisti, 2000, 1, (6), 163-174
15. Monetary Policy Rules, Policy Preferences, and Uncertainty: Recent Empirical Evidence
    Journal of Economic Surveys, 2000, 14, (5), 597-627 View citations
16. The long-run stability of the demand for money: Italy 1861-1996
    Journal of Monetary Economics, 2000, 45, (3), 717-739 View citations

1999

17. Business cycles and productivity growth: Are temporary downturns productive or wasteful?
    Research in Economics, 1999, 53, (4), 337-364 View citations
    See also Working Paper
18. Inflation Contracts and Inflation Targets under Uncertainty: Why We Might Need Conservative Central Bankers
    Economica, 1999, 66, (262), 241-54 View citations

1998

19. Credibility and Monetary Policy in a Model with Growth
    Oxford Economic Papers, 1998, 50, (4), 644-62
20. Optimal Inflation Contracts and Inflation Targets with Uncertain Central Bank Preferences: Accountability through Independence?
    Economic Journal, 1998, 108, (447), 529-42 View citations
21. Political Consensus, Uncertain Preferences, and Central Bank Independence
    Oxford Economic Papers, 1998, 50, (3), 412-30 View citations
    See also Working Paper (1996)

1997

22. An Econometric and Historical Perspective on the Long-Run Stability of the Demand for Money: The Case of Italy
    Giornale degli Economisti, 1997, 56, (1-2), 41-65
23. Political Economy: Whence and Whither?
    Scottish Journal of Political Economy, 1997, 44, (4), 353-58
24. Productivity shocks and employment: evidence from US industrial data
    Economics Letters, 1997, 57, (1), 97-105

1996

25. Gibson's Paradox and Policy Regimes: A Comparison of the Experience in the US, UK and Italy
    Scottish Journal of Political Economy, 1996, 43, (4), 468-92 View citations
26. Modeling Monetary Trends in Italy Using Historical Data: The Demand for Broad Money 1861-1990
    Economic Inquiry, 1996, 34, (3), 579-96
27. Modelling the Demand for M4 in the U.K
    The Manchester School of Economic & Social Studies, 1996, 64, (1), 70-78
28. SJPE Special Issue: Monetary Regimes and Monetary Trends in Historical Perspective: Editors' Introduction
    Scottish Journal of Political Economy, 1996, 43, (4), 369-78

1995

29. An Analysis of the Disaggregated Manufacturing Exports of the Asian NIEs to EEC, USA and Japan
    Applied Economics, 1995, 27, (1), 17-24
30. Modeling Aggregate Manufactured Exports for Some Asian Newly Industrialized Economies
    The Review of Economics and Statistics, 1995, 77, (1), 147-55 View citations
31. The Term Structure of Interest Rates in the London Interbank Market
    Oxford Economic Papers, 1995, 47, (3), 419-36 View citations

1994

32. Demand and Supply Factors in the Determination of NIE Exports: A Reply
    Economic Journal, 1994, 104, (427), 1415-17 View citations
33. Intra-NIE competition in exports of manufactures
    Journal of International Economics, 1994, 37, (1-2), 29-47 View citations

1992

34. Cointegration and Dynamic Time Series Models
    Journal of Economic Surveys, 1992, 6, (1), 1-43 View citations
35. Demand and Supply Factors in the Determination of NIE Exports: A Simultaneous Error-Correction Model for Hong Kong
    Economic Journal, 1992, 102, (415), 1467-77 View citations
36. Testing Superexogeneity: The Demand for Broad Money in the UK
    Oxford Bulletin of Economics and Statistics, 1992, 54, (4), 543-56 View citations
37. The Long-run Properties of the Demand for M3 in South Africa
    South African Journal of Economics, 1992, 60, (2), 93-101 View citations

1990

38. Cointegration, Financial Innovation and Modelling the Demand for Money in Italy
    The Manchester School of Economic & Social Studies, 1990, 58, (3), 242-59 View citations
39. International Economic Co-operation
    Journal of Economic Surveys, 1990, 4, (1), 89-103
40. Monetary Targets, Buffer Stock Money and Money Market Dynamics
    Scottish Journal of Political Economy, 1990, 37, (2), 166-83

1989

41. A Comparison of the 'Rational Expectations' and 'General-to-Specific' Approaches to Modelling the Demand for M1
    Oxford Bulletin of Economics and Statistics, 1989, 51, (4), 353-75 View citations

1988

42. Alternative Models of Buffer Stock Money: An Empirical Investigation
    Scottish Journal of Political Economy, 1988, 35, (1), 1-21