Details about David A. Peel

Workplace:

Department of Economics, Management School, Lancaster University, (more information at EDIRC)

Access statistics for papers by David A. Peel.

Last updated 2009-11-06. Update your information in the RePEc Author Service.

Short-id: ppe143

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Working Papers

2009

1. ESTAR model with multiple fixed points. Testing and Estimation
   Working Papers, Lancaster University Management School, Economics Department
2. Forecasting the Real Exchange Rate using a Long Span of Data. A Rematch: Linear vs Nonlinear
   Working Papers, Lancaster University Management School, Economics Department
3. Linkages between Shanghai and Hong Kong stock indices
   Working Papers, Lancaster University Management School, Economics Department
4. Real Exchange Rates and Time-Varying Trade Costs
   Working Papers, Lancaster University Management School, Economics Department
5. Specifying Smooth Transition Regression Models in the Presence of Conditional Heteroskedasticity of Unknown Form
   Working Papers, Lancaster University Management School, Economics Department

2007

6. Inflation Dynamics in the US -A Nonlinear Perspective
   FMG Discussion Papers, Financial Markets Group

2006

7. Are analysts’ loss functions asymmetric?
   Working Papers, Lancaster University Management School, Economics Department
   Also in Working Papers, Lancaster University Management School, Economics Department (2005)
8. 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)
9. On the relationship between Nominal Exchange Rates and domestic and foreign prices
   Working Papers, Lancaster University Management School, Economics Department View citations
   See also Journal Article in Applied Financial Economics (2007)
10. 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)

2005

11. A NEW ANALYSIS OF THE DETERMINANTS OF THE REAL DOLLAR-STERLING EXCHANGE RATE: 1871-1994
    Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) View citations
    Also in Working Papers, Lancaster University Management School, Economics Department (2005)
12. Cumulative prospect theory and gambling
    Working Papers, Lancaster University Management School, Economics Department
13. Habit, aggregation and long memory: evidence from television audience data
    Working Papers, Lancaster University Management School, Economics Department
    See also Journal Article in Applied Economics (2007)
14. Smooth transition models and arbitrage consistency
    Working Papers, Lancaster University Management School, Economics Department View citations
    See also Journal Article in Economica (2005)
15. THE PROCESS FOLLOWED BY PPP DATA. ON THE PROPERTIES OF LINEARITY TESTS
    Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) View citations
    See also Journal Article in Applied Economics (2005)
16. Temporal aggregation of an ESTAR process: some implications for purchasing power parity adjustment
    Working Papers, Lancaster University Management School, Economics Department
    Also in Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) (2004) View citations
    See also Journal Article in Journal of Applied Econometrics (2006)
17. The long memory model of political support: some further results
    Working Papers, Lancaster University Management School, Economics Department
    See also Journal Article in Applied Economics (2007)

2004

18. ASYMMETRY IN THE LINK BETWEEN THE YIELD SPREAD AND INDUSTRIAL PRODUCTION. THRESHOLD EFFECTS AND FORECASTING
    Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)
    See also Journal Article in Journal of Forecasting (2004)
19. Calvo Contracts: A Critique
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
20. NONLINEAR PPP UNDER THE GOLD STANDARD
    Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) View citations

2002

21. Exploitability as a Specification Test of the Phillips Curve
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
22. Non-Linear Equilibrium Corection in US Real Money Balances, 1869-1997
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2001

23. Nonlinear Mean-Reversion in Real Exchange Rates: Towards a Solution to the Purchasing Power Parity Puzzles
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in International Economic Review (2001)

1998

24. Optimal Monetary Policy in a Model of Asymmetric Central Bank Preferences
    FMG Discussion Papers, Financial Markets Group View citations

1984

25. Money and activity in the U.K. 1961-1983: surprise? surprise!
    Working Papers, Federal Reserve Bank of St. Louis

Undated

26. Spreads, Efficiency and Outcome Uncertainty: Evidence from the Rugby League
    Discussion Papers, Department of Economics, University of Wales, Aberystwyth

Journal Articles

2009

1. A More General Non-expected Utility Model as an Explanation of Gambling Outcomes for Individuals and Markets
   Economica, 2009, 76, (302), 251-263
2. On skewness of return and buying more than one ticket in a lottery
   Applied Economics Letters, 2009, 16, (10), 1029-1032
3. Skewness as an explanation of gambling in cumulative prospect theory
   Applied Economics, 2009, 41, (6), 685-689

2008

4. Bounded cumulative prospect theory: some implications for gambling outcomes
   Applied Economics, 2008, 40, (1), 5-15
5. Further Analysis of the Markowitz Model of Utility with a Small Degree of Probability Distortion
   Journal of Gambling Business and Economics, 2008, 2, (3), 71-83
6. Introduction: economics of betting markets
   Applied Economics, 2008, 40, (1), 1-3
7. Subjective Skewness of Return as an Explanation of the Optimal Choice between Gambles in Cumulative Prospect Theory
   Journal of Gambling Business and Economics, 2008, 2, (2), 97-107
8. The Markowitz model of utility supplemented with a small degree of probability distortion as an explanation of outcomes of Allais experiments over large and small payoffs and gambling on unlikely outcomes
   Applied Economics, 2008, 40, (1), 17-26

2007

9. Betting on odds on Favorites as an Optimal Choice in Cumulative Prospect Theory
   Economics Bulletin, 2007, 4, (26), 1-10
10. Deterministic impulse response in a nonlinear model. An analytical expression
    Economics Letters, 2007, 95, (3), 315-319
11. Gambling and nonexpected utility: the perils of the power function
    Applied Economics Letters, 2007, 14, (2), 79-82
12. Habit, aggregation and long memory: evidence from television audience data
    Applied Economics, 2007, 39, (3), 321-327
    See also Working Paper (2005)
13. Implementing the wild bootstrap using a two-point distribution
    Economics Letters, 2007, 96, (3), 309-315 View citations
14. On the Equality of Real Interest Rates Across Borders in Integrated Capital Markets
    Open Economies Review, 2007, 18, (1), 119-125 View citations
    See also Working Paper (2006)
15. On the relationship between nominal exchange rates and domestic and foreign prices
    Applied Financial Economics, 2007, 17, (2), 105-117 View citations
    See also Working Paper (2006)
16. Simulating stock returns under switching regimes - A new test of market efficiency
    Economics Letters, 2007, 94, (2), 235-239 View citations
    See also Working Paper (2006)
17. Some implications of a quartic loss function
    Economics Bulletin, 2007, 7, (13), 1-7
18. The long memory model of political support: some further results
    Applied Economics, 2007, 39, (20), 2547-2552
    See also Working Paper (2005)

2006

19. Expected stock returns, aggregate consumption and wealth: Some further empirical evidence
    Journal of Macroeconomics, 2006, 28, (2), 439-445
20. On the speed of adjustment in ESTAR models when allowance is made for bias in estimation
    Economics Letters, 2006, 90, (2), 272-277 View citations
21. Support for Governments and Leaders: Fractional Cointegration Analysis of Poll Evidence from the UK, 1960-2004
    Studies in Nonlinear Dynamics & Econometrics, 2006, 10, (1)
    Also in Studies in Nonlinear Dynamics & Econometrics, 2006, 10, (1), 1345-1345 (2006)
22. Temporal aggregation of an ESTAR process: some implications for purchasing power parity adjustment
    Journal of Applied Econometrics, 2006, 21, (5), 655-668 View citations
    See also Working Paper (2005)
23. The relationship between expected utility and higher moments for distributions captured by the Gram-Charlier class
    Finance Research Letters, 2006, 3, (4), 273-276

2005

24. Non-linearity in stock index returns: the volatility and serial correlation relationship
    Economic Modelling, 2005, 22, (1), 1-19
25. Smooth Transition Models and Arbitrage Consistency
    Economica, 2005, 72, (3), 413-430 View citations
    See also Working Paper (2005)
26. Testing for market efficiency in gambling markets when the errors are non-normal and heteroskedastic an application of the wild bootstrap
    Economics Letters, 2005, 87, (2), 221-226
27. The process followed by PPP data. On the properties of linearity tests
    Applied Economics, 2005, 37, (21), 2515-2522 View citations
    See also Working Paper (2005)
28. The term spread and real economic activity in the US inter-war period
    Journal of Macroeconomics, 2005, 27, (2), 331-343 View citations

2004

29. Asymmetry in the link between the yield spread and industrial production: threshold effects and forecasting
    Journal of Forecasting, 2004, 23, (5), 373-384
    See also Working Paper (2004)
30. Estimates of US monetary policy rules with allowance for changes in the output gap
    Applied Economics Letters, 2004, 11, (10), 601-605 View citations
31. Further empirical analysis of the time series properties of financial ratios based on a panel data approach
    Applied Financial Economics, 2004, 14, (3), 155-163 View citations
32. Nonlinear Purchasing Power Parity under the Gold Standard
    Southern Economic Journal, 2004, 71, (2), 302-313
33. The utility of gambling and the favourite-longshot bias
    European Journal of Finance, 2004, 10, (5), 379-390
34. Utility and the Skewness of Return in Gambling
    The Geneva Papers on Risk and Insurance Theory, 2004, 29, (2), 145-163

2003

35. Another example of a non-linear time series with misleading linear properties
    Applied Economics Letters, 2003, 10, (1), 47-51
36. Empirical evidence on the relationship between the term structure of interest rates and future real output changes when there are changes in policy regimes
    Economics Letters, 2003, 78, (2), 147-152 View citations
37. Further Evidence on PPP Adjustment Speeds: the Case of Effective Real Exchange Rates and the EMS
    Oxford Bulletin of Economics and Statistics, 2003, 65, (4), 421-437 View citations
38. Nonlinear Equilibrium Correction in U.S. Real Money Balances, 1869-1997
    Journal of Money, Credit and Banking, 2003, 35, (5), 787-99 View citations
39. Optimal Discretionary Monetary Policy in a Model of Asymmetric Central Bank Preferences
    Economic Journal, 2003, 113, (489), 657-665 View citations
40. Optimal monetary policy: is price-level targeting the next step?
    Scottish Journal of Political Economy, 2003, 50, (5), 650-667 View citations
41. Purchasing Power Parity Adjustment Speeds in High Frequency Data when the Equilibrium Real Exchange Rate is Proxied by a Deterministic Trend
    Manchester School, 2003, 71, (Supplement), 39-53 View citations
42. Purchasing power parity over two centuries: trends and nonlinearity
    Applied Economics, 2003, 35, (5), 609-617 View citations
43. Re-examination of the predictability of economic activity using the yield spread: a nonlinear approach
    International Review of Economics & Finance, 2003, 12, (2), 187-206 View citations
44. Some Further Empirical Evidence on the Impact of Oil Price Changes on Petrol Prices
    International Journal of the Economics of Business, 2003, 10, (2), 195-203
45. Some analysis of the properties of the Harville place formulae when allowance is made for the favourite-long shot bias employing Shin Win probabilities
    Applied Economics Letters, 2003, 10, (1), 53-57
46. The Favourite-Longshot Bias, Bookmaker Margins and Insider Trading in a Variety of Betting Markets
    Bulletin of Economic Research, 2003, 55, (3), 263-273 View citations
47. The Time Series Properties of Financial Ratios: Lev Revisited
    Journal of Business Finance & Accounting, 2003-06, 30, (5-6), 699-714 View citations
48. The optimal output target and degree of banker conservativeness in a model with a non-linear Phillips curve
    Applied Economics Letters, 2003, 10, (6), 323-330

2002

49. Covered Interest Rate Arbitrage in the Interwar Period and the Keynes-Einzig Conjecture
    Journal of Money, Credit and Banking, 2002, 34, (1), 51-75 View citations
50. Insider Trading, Herding Behaviour and Market Plungers in the British Horse-Race Betting Market
    Economica, 2002, 69, (274), 327-38 View citations
51. Is One Price Enough to Value a State-Contingent Asset Correctly? Evidence from a Gambling Market
    Applied Financial Economics, 2002, 12, (1), 33-38
52. Modelling political popularity: a correction
    Journal Of The Royal Statistical Society Series A, 2002, 165, (1), 187-189 View citations
53. Skewness as an Explanation of Gambling by Locally Risk Averse Agents
    Applied Economics Letters, 2002, 9, (15), 1025-28 View citations

2001

54. Nonlinear Mean-Reversion in Real Exchange Rates: Toward a Solution to the Purchasing Power Parity Puzzles
    International Economic Review, 2001, 42, (4), 1015-42 View citations
    See also Working Paper (2001)
55. The Incidence of Insider Trading in Betting Markets and the Gabriel and Marsden Anomaly
    Manchester School, 2001, 69, (2), 197-207 View citations
56. The Relationship between Two Indicators of Insider Trading in British Racetrack Betting
    Economica, 2001, 68, (269), 97-104 View citations
57. Uncertain Central Bankers Preferences: Some Implications of Multiplicative versus Additive Uncertainty
    Applied Economics Letters, 2001, 8, (1), 17-20
    Also in Applied Economics Letters, 2000, 7, (12), 771-73 (2000)
58. Volatility Persistence in Asset Markets: Long Memory in High/Low Prices
    Applied Financial Economics, 2001, 11, (3), 253-60 View citations

2000

59. Non-linear Dynamics of Inflation in High Inflation Economies
    Manchester School, 2000, 68, 23-37 View citations
60. Nonlinear adjustment, long-run equilibrium and exchange rate fundamentals
    Journal of International Money and Finance, 2000, 19, (1), 33-53 View citations
61. Optimal monetary policy with a nonlinear Phillips curve
    Economics Letters, 2000, 67, (2), 159-164 View citations
62. Product Bundling and a Rule of Thumb versus the Harville Formulae: Can Each Way Bets with UK Bookmakers Generate Abnormal Returns
    Applied Economics, 2000, 32, (13), 1737-44
63. The Favourite-Longshot Bias and Market Efficiency in UK Football Betting
    Scottish Journal of Political Economy, 2000, 47, (1), 25-36 View citations
64. Threshold Nonlinearities in Unemployment Rates: Further Evidence for the UK and G3 Economies
    Applied Economics, 2000, 32, (6), 705-15 View citations

1999

65. Estimates of the Degree of Insider Trading in Two Disparate Betting Markets
    Applied Economics Letters, 1999, 6, (3), 191-93
66. Market Movers and Tote and Bookmakers Returns: Further Empirical Evidence on a Market Anomaly
    Applied Economics Letters, 1999, 6, (12), 801-04
67. Place Returns between the Tote and Bookmakers: Empirical Evidence of a Market Anomaly
    Applied Economics Letters, 1999, 6, (12), 789-92
68. Uncertainty in the Central Bank's Weight on Output: Some New Results
    Applied Economics Letters, 1999, 6, (10), 659-62

1998

69. A non-linear error correction mechanism based on the bilinear model1
    Economics Letters, 1998, 58, (2), 165-170 View citations
70. A note on some properties of the ESTAR model
    Economics Letters, 1998, 60, (3), 311-315
71. Modelling Business Cycle Nonlinearity in Conditional Mean and Conditional Variance: Some International and Sectoral Evidence
    Economica, 1998, 65, (258), 211-29 View citations
72. Periodically collapsing stock price bubbles: a robust test
    Economics Letters, 1998, 61, (2), 221-228 View citations
73. Rationality testing under asymmetric loss
    Economics Letters, 1998, 61, (1), 49-54 View citations
74. The Nonlinear Time Series Properties of Unemployment Rates: Some Further Evidence
    Applied Economics, 1998, 30, (2), 287-94 View citations
75. The Variance of Economic Activity over the Business Cycle: Some Further Evidence
    Applied Economics Letters, 1998, 5, (11), 669-73 View citations
76. The slope of the yield curve and real economic activity: tracing the transmission mechanism
    Economics Letters, 1998, 59, (3), 353-360 View citations
77. Threshold Nonlinearities in Output: Some International Evidence
    Applied Economics, 1998, 30, (3), 323-33 View citations

1997

78. Handicaps, Outcome Uncertainty and Attendance Demand
    Applied Economics Letters, 1997, 4, (9), 567-70 View citations
79. Modelling Political Popularity: an Analysis of Long-range Dependence in Opinion Poll Series
    Journal Of The Royal Statistical Society Series A, 1997, 160, (3), 471-490 View citations
80. Non-linearities in East European Black-Market Exchange Rates
    International Journal of Finance & Economics, 1997, 2, (1), 39-57 View citations
81. Transactions Costs and Nonlinear Adjustment in Real Exchange Rates: An Empirical Investigation
    Journal of Political Economy, 1997, 105, (4), 862-79 View citations

1996

82. Attendance Demand: An Investigation of Repeat Fixtures
    Applied Economics Letters, 1996, 3, (6), 391-94 View citations
83. Is the US Business Cycle Asymmetric? Some Further Evidence
    Applied Economics, 1996, 28, (4), 405-15 View citations
84. Long-Memory Risk Premia in Exchange Rates
    The Manchester School of Economic & Social Studies, 1996, 64, (4), 421-38 View citations
85. Some Empirical Evidence on the Time-Series Properties of Four UK Asset Prices
    Economica, 1996, 63, (251), 405-26

1995

86. A Test for Rational Expectations When Some Variables Are I(2)
    Applied Economics Letters, 1995, 2, (2), 42-44
87. Asymmetry in the Variance of Economic Activity: Evidence for Long-Run UK GDP
    Applied Economics Letters, 1995, 2, (11), 415-18
88. Bilinear Quadratic ARCH and Volatility Spillovers in Inter-war Exchange Rates
    Applied Economics Letters, 1995, 2, (7), 215-19 View citations
89. Evidence on Volatility Spillovers in the Interwar Floating Exchange Rate Period Based on High/Low Prices
    Applied Economics Letters, 1995, 2, (10), 394-96
90. The Time Series Behaviour of Spot Exchange Rates in the German Hyper-inflation Period: (Was the Process Chaotic?)
    Empirical Economics, 1995, 20, (3), 455-71
91. Time-Varying Risk Premia and the Term Structure of Forward Exchange Rates
    The Manchester School of Economic & Social Studies, 1995, 63, (1), 69-81

1994

92. Cross Country Evidence on Nonlinearity in Industrial Production between the Wars
    Applied Economics Letters, 1994, 1, (5), 77-80 View citations
93. Non-linear Adjustment of Real Wages, Employment and Output in the UK
    Applied Economics, 1994, 26, (5), 459-63
94. Purchasing power parity yet again: evidence from spatially separated commodity markets
    Journal of International Money and Finance, 1994, 13, (6), 637-657 View citations
95. Testing for non-linear dependence in inter-war exchange rates
    Review of World Economics (Weltwirtschaftliches Archiv), 1994, 130, (2), 391-417 View citations
96. The German Hyperinflation and the Demand for Money Revisited
    International Economic Review, 1994, 35, (1), 1-22 View citations

1993

97. Empirical Evidence on the Time-Series Behaviour of Stock and Bond Prices in the Inter-war Period
    Applied Financial Economics, 1993, 3, (1), 15-20
98. Non-linear Risk Premia
    Applied Financial Economics, 1993, 3, (3), 201-04
99. Some Evidence on the Interdependence of National Stock Markets and the Gains from International Portfolio Diversification
    Applied Financial Economics, 1993, 3, (3), 239-42 View citations

1992

100. Evidence on the Stochastic Structure of Exchange Rates in the Inter-war Period
     Applied Financial Economics, 1992, 2, (2), 99-103 View citations
101. Some analysis of the long-run time series properties of consumption and income in the U.K
     Economics Letters, 1992, 39, (2), 173-178 View citations
102. The Demand for Football: Some Evidence on Outcome Uncertainty
     Empirical Economics, 1992, 17, (2), 323-31 View citations

1991

103. Estimates of a traditional aggregate import demand model for five countries
     Economics Letters, 1991, 35, (4), 435-439 View citations
104. Forward foreign exchange rates and risk premia--a reappraisal
     Journal of International Money and Finance, 1991, 10, (3), 443-456 View citations
105. Some evidence on the efficiency of the sterling-dollar and sterling-franc forward exchange rates in the interwar period
     Economics Letters, 1991, 35, (3), 317-322
106. The effects of exchange rate volatility on exports: Some new estimates
     Economics Letters, 1991, 37, (2), 173-177 View citations

1990

107. On Testing for Unbiasedness and Efficiency of Forecasts
     The Manchester School of Economic & Social Studies, 1990, 58, (2), 120-27 View citations

1989

108. Empirical evidence on the properties of exchange rate forecasts and the risk premium
     Economics Letters, 1989, 31, (4), 387-391
109. Information, Prices and Efficiency in a Fixed-Odds Betting Market
     Economica, 1989, 56, (223), 323-41 View citations
110. On testing the properties of directly obtained expectations data
     Economics Letters, 1989, 30, (2), 137-139

1988

111. A multilogit approach to predicting corporate failure--Some evidence for the UK corporate sector
     Omega, 1988, 16, (4), 309-318 View citations
112. Critical bounds for MA(2) and MA(3) processes
     Economics Letters, 1988, 27, (2), 133-140
113. Economic surprises and the behaviour of asset prices: Some analyses and further empirical results
     Economics Letters, 1988, 27, (4), 375-379
114. Outcome Uncertainty and the Demand for Football: An Analysis of Match Attendances in the English Football League
     Scottish Journal of Political Economy, 1988, 35, (3), 242-49 View citations

1987

115. Consumer Expenditure, the Demand for Money, and the Hall Hypothesis
     Empirical Economics, 1987, 12, (1), 3-17
116. Further empirical evidence on popularity and electoral cycle effects
     Economics Letters, 1987, 23, (1), 31-36
117. On Testing the Relationship between Exchange Rate Movements and Monetary Surprises: A Comment
     The Manchester School of Economic & Social Studies, 1987, 55, (2), 197-202
118. The Accuracy of OECD Forecasts
     Empirical Economics, 1987, 12, (3), 175-86 View citations

1986

119. Expectations formation, public forecasts and the wage equation
     Economic Modelling, 1986, 3, (2), 129-134
120. On Lagged Adjustment, Permanent Income, Expectations Formation and the Demand for Money
     Oxford Bulletin of Economics and Statistics, 1986, 48, (1), 61-72
121. Predicting corporate failure-- Some results for the UK corporate sector
     Omega, 1986, 14, (1), 5-12 View citations
122. Public forecasts and their impact on expectation formation
     Economic Modelling, 1986, 3, (2), 126-128
123. The impact of benefits on unemployment in Britain in the interwar period: Some further empirical evidence
     Journal of Macroeconomics, 1986, 8, (2), 227-232
124. The velocity of money and the random walk hypothesis
     Economics Letters, 1986, 20, (1), 63-66
125. What Can Economics Learn from Political Science, and Vice Versa?
     American Economic Review, 1986, 76, (2), 62-65 View citations

1985

126. Behaviour of the Liverpool model with weight given to alternative public forecasts
     Economic Modelling, 1985, 2, (1), 33-38
127. Global capital markets and the impact of changes in the money stock on real activity
     Journal of Macroeconomics, 1985, 7, (4), 577-582
128. Some Further Evidence on the Predictability of UK Asset Prices [Efficient Capital Markets: A Review of Theory and Empirical Work]
     Bulletin of Economic Research, 1985, 37, (3), 249-57
129. Some empirical evidence on the determinants of incomes policies in the UK
     Economics Letters, 1985, 19, (1), 23-26
130. Surprises in the Consumption Function, Incomplete Current Information, and Moving Average Errors: A Note [Stochastic Implications of the Life Cycle Permanent Income Hypothesis: Theory and Evidence]
     Economic Journal, 1985, 95, (377), 183-88

1984

131. Some Empirical Results on "the Rationality" of Expectations Derived from Survey Data
     Empirical Economics, 1984, 9, (3), 151-63
132. Testing for Unbiasedness and Efficiency under Incomplete Current Information
     Bulletin of Economic Research, 1984, 36, (1), 1-7

1983

133. Growth and Inflationary Finance: Variations on a Mundellian Theme
     Journal of Political Economy, 1983, 91, (5), 880-87
134. Involuntary Saving through Unanticipated Inflation: Some Further Empirical Evidence
     Empirical Economics, 1983, 8, (2), 87-92
135. On the effectiveness of automatic stabilizers under rational expectations when there is partial current information
     Economics Letters, 1983, 11, (3), 225-229
136. 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

1982

137. Data Revisions and Time Series Models of GDP and Its Components
     Applied Economics, 1982, 14, (1), 101-10 View citations
138. Testing for Causality between Prices and Money
     Empirical Economics, 1982, 7, (1-2), 1-12
139. The Microfoundations of the Phillips Curve with Rational Expectations
     Oxford Economic Papers, 1982, 34, (3), 449-51
140. The government behavioural constraint in rational expectations models
     Economics Letters, 1982, 9, (3), 221-227
141. The political theory of the business cycle
     European Economic Review, 1982, 17, (2), 253-270 View citations

1981

142. Non-uniqueness and the role of the monetary authorities
     Economics Letters, 1981, 7, (1), 25-28
143. Rational Expectations and Wage and Price Inflexibility: A Note
     Scandinavian Journal of Economics, 1981, 83, (1), 115-20
144. Some Empirical Evidence on the Influence of Political Parties on the Behaviour of the Unemployment Rate
     Empirical Economics, 1981, 6, (1), 67-73
145. The Role of Monetary Stabilization Policy under Rational Expectations
     The Manchester School of Economic & Social Studies, 1981, 49, (1), 39-50 View citations
146. Unemployment and the replacement ratio: Some reduced form estimates for the UK
     Economics Letters, 1981, 8, (4), 349-354

1980

147. Expectations and the Price Equation: Some Estimates for the UK
     Empirical Economics, 1980, 5, (1), 31-37
148. On the implications of monetary rules in a stochastic framework
     Review of World Economics (Weltwirtschaftliches Archiv), 1980, 116, (2), 253-263
149. The Natural Rate Hypothesis and Rational Expectations-A Critique of Some Recent Developments
     Oxford Economic Papers, 1980, 32, (1), 71-81 View citations

1979

150. A Dynamic Model of the Demand for Labour Services
     Bulletin of Economic Research, 1979, 31, (1), 24-30
151. Divergent Expectations and the Dynamic Stability of Some Simple Macro Economic Models
     Economic Journal, 1979, 89, (356), 789-98 View citations
152. Inflation and output dynamics with a floating exchange rate
     European Economic Review, 1979, 12, (1), 73-89
153. On dynamic stability in monetary models which incorporate short- and long-run expectations of inflation in the demand for the money function
     Economics Letters, 1979, 2, (2), 131-136
154. On the Dynamic Stability of Monetary Models When the Money Supply is Endogenous
     The Manchester School of Economic & Social Studies, 1979, 47, (4), 349-58
155. On the political theory of the business cycle
     Economics Letters, 1979, 2, (4), 327-332 View citations
156. Price Expectations: Workers versus Capitalists
     Applied Economics, 1979, 11, (3), 235-40 View citations
157. The Dynamic Behavior of a Simple Macro-Model with Endogenous Labor Supply and Demand
     International Economic Review, 1979, 20, (2), 381-89
158. The Relationship between Prices and Money Supply in Latin America, 1958-1975
     The Review of Economics and Statistics, 1979, 61, (3), 446-50
159. The classical supply hypothesis and the observational equivalence of Classical and Keynesian models
     Economics Letters, 1979, 4, (3), 229-233
160. The dynamic behaviour of a simple macroeconomic model with a tax based incomes policy
     Economics Letters, 1979, 3, (2), 139-143

1978

161. Inflationary expectations and “Self-Generating” inflations
     Review of World Economics (Weltwirtschaftliches Archiv), 1978, 114, (1), 12-23 View citations
162. Short-Run Employment Functions, Excess Supply and the Speed of Adjustment: A Note
     Economica, 1978, 45, (178), 195-202 View citations
163. The Influence of Money on Prices in 14 OECD Countries, 1958-1975
     Empirical Economics, 1978, 3, (2), 115-22

1977

164. An Empirical Investigation of Inflationary Expectations
     Oxford Bulletin of Economics and Statistics, 1977, 39, (4), 291-99 View citations
165. Derived Demand and Oligopoly
     Bulletin of Economic Research, 1977, 29, (1), 3-8
166. On the Case of Indexation of Wages and Salaries
     Kyklos, 1977, 30, (2), 259-70
167. On the properties of alternative monetary rules in an extension of Black's model
     European Economic Review, 1977, 9, (2), 195-208 View citations
168. The Relationship between Unemployment and Vacancies: Reply
     Applied Economics, 1977, 9, (1), 81-82
169. The `tax on wage increses' when the firm is a monopsonist
     Journal of Public Economics, 1977, 8, (2), 247-253 View citations
170. Unemployment and unanticipanted inflation: Some empirical results for six countries
     European Economic Review, 1977, 10, (2), 253-271

1976

171. A cross-sectional analysis of regional strike activity in Britain
     Regional Studies, 1976, 10, (3), 299-305 View citations
172. The 'Shake-Out' Hypothesis: A Note
     Oxford Bulletin of Economics and Statistics, 1976, 38, (2), 141-46
173. The Cost Function
     Bulletin of Economic Research, 1976, 28, (2), 77-84
174. The Internal/External Labour Market and the Rate of Wage Inflation in UK Manufacturing Industry
     The Manchester School of Economic & Social Studies, 1976, 44, (2), 132-46

1975

175. A Monte Carlo Study of the Phillips Curve with Errors in Variables
     Oxford Bulletin of Economics and Statistics, 1975, 37, (2), 155-57
176. Profit Maximizing Firms and Inelastic Demands
     Applied Economics, 1975, 7, (3), 161-65
177. The Determinants of Unemployment and the 'UV' Relationship
     Applied Economics, 1975, 7, (4), 251-55
178. The Determinants of the Natural Rate of Unemployment in the Neoclassical Model
     The Economic Record, 1975, 51, (135), 308-19
179. The Specification of the Short-Run Employment Function: An Empirical Investigation of the Demand for Labour in the UK Manufacturing Sector, 1955-1972
     Oxford Bulletin of Economics and Statistics, 1975, 37, (2), 115-42
180. The Wage Variable and the Phillips Curve: A Rejoinder
     Scottish Journal of Political Economy, 1975, 22, (3), 323-25
181. User Cost and the Preference Function
     The Quarterly Journal of Economics, 1975, 89, (1), 154-56

1974

182. A Further Note on the Behaviour of Profit Shares in British Manufacturing Industry
     The Manchester School of Economic & Social Studies, 1974, 42, (1), 29-36
183. A Note on X-Inefficiency
     The Quarterly Journal of Economics, 1974, 88, (4), 687-88
184. Adjustment Costs and Short-Run Returns to Labour
     The Review of Economics and Statistics, 1974, 56, (3), 393-96
185. The Wage Variable and the Phillips Curve
     Scottish Journal of Political Economy, 1974, 21, (3), 289-93

1973

186. Some Implications of Utility Maximizing Firms: A Note
     Bulletin of Economic Research, 1973, 25, (2), 148-51
187. The Non-uniqueness of the Dorfman-Steiner Condition: A Note
     Economica, 1973, 40, (158), 208-09