Details about Edward John Driffill

E-mail:
Homepage:	https://www.yale-nus.edu.sg/about/faculty/john-driffill/
Phone:	+65 6601 3325
Postal address:	Yale-NUS College 16 College Avenue West Singapore 138527
Workplace:	Economics, Yale-NUS College, (more information at EDIRC) CESifo, (more information at EDIRC) Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Edward John Driffill.

Last updated 2020-09-06. Update your information in the RePEc Author Service.

Short-id: pdr24

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Working Papers

2015

1. Unconventional Monetary Policy in the Euro Zone
   Working Papers Department of Economics, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa View citations (3)
   See also Journal Article Unconventional Monetary Policy in the Euro Zone, Open Economies Review, Springer (2016) View citations (11) (2016)

2013

2. European imbalances
   Munich Reprints in Economics, University of Munich, Department of Economics View citations (6)
3. Financial Shocks, Unemployment, and Public Policy
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
4. Labour market reforms and youth unemployment
   Munich Reprints in Economics, University of Munich, Department of Economics
5. Macroeconomic outlook
   Munich Reprints in Economics, University of Munich, Department of Economics
6. Us precedents for europe
   Munich Reprints in Economics, University of Munich, Department of Economics

2011

7. Liquidity When It Matters Most: QE and Tobin?s q
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
8. Liquidity when it matters: QE and Tobin’s q
   CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) View citations (1)
   See also Journal Article Liquidity when it matters: QE and Tobin's q, Oxford Economic Papers, Oxford University Press (2013) View citations (6) (2013)

2009

9. Real Options with Priced Regime-Switching Risk
   Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (3)
   See also Journal Article REAL OPTIONS WITH PRICED REGIME-SWITCHING RISK, International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd. (2013) View citations (4) (2013)

2008

10. On Model Selection and Markov-Switching: An Empirical Examination of Term Structure Models with Regime Shifts
    Department of Economics Working Papers, Universidad Torcuato Di Tella
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (2)

2007

11. Inertia in Taylor Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London (2007) View citations (6)
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2007) View citations (6)
12. Optimal monetary policy with a regime-switching exchange rate in a forward-looking model
    GEMF Working Papers, GEMF, Faculty of Economics, University of Coimbra View citations (3)
    Also in NIPE Working Papers, NIPE - Universidade do Minho (2007) View citations (3)

2005

13. Target Zones for Exchange Rates and Policy Changes
    Department of Economics Working Papers, Universidad Torcuato Di Tella
    See also Journal Article Target zones for exchange rates and policy changes, Journal of International Money and Finance, Elsevier (2006) View citations (3) (2006)

2004

14. Monetary Policy and Lexicographic Preference Ordering
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)

2003

15. An Empirical Examination of Term Structure Models with Regime Shifts
    Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (4)
16. Delegation of Monetary Policy: More than a Relocation of the Time-Inconsistency Problem
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    Also in Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (3)

2002

17. Merton-style option pricing under regime switching
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (4)

1998

18. No Credit for Transition: The Maastricht Treaty and German Unemployment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
19. No Credit for Transition:Efficiency Wages, the Maastricht Treaty and German Unemployment
    CSGR Working papers series, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick View citations (1)
20. Product Market Integration and Wages: Evidence from a Cross-Section of Manufacturing Establishments in the United Kingdom
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)

1997

21. Real Interest Rates, Nominal Shocks, and Real Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1992

22. Trade Unions and Liberalisation of International Trade
    Working Papers, Queen Mary University of London, School of Economics and Finance

1991

23. Macroeconomic Policy & Game Theory
    Working Papers, Queen Mary University of London, School of Economics and Finance View citations (1)
24. Renegotiation in Repeated Cournot-Duopoly
    Discussion Papers, University of Copenhagen. Department of Economics View citations (1)
    See also Journal Article Renegotiation in a repeated Cournot duopoly, Economics Letters, Elsevier (1995) (1995)

1990

25. CHANGES IN REGIME AND THE TERM STRUCTURE: A NOTE
    Working Papers, Tilburg - Center for Economic Research
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1990)
    Other publications TiSEM, Tilburg University, School of Economics and Management (1990)
    Working Papers, Queen Mary University of London, School of Economics and Finance (1989)
    See also Journal Article Changes in regime and the term structure: A note, Journal of Economic Dynamics and Control, Elsevier (1992) View citations (5) (1992)
26. Macroeconomic policy games with incomplete information: Some extensions
    Other publications TiSEM, Tilburg University, School of Economics and Management
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1987) View citations (4)
27. THE TERM STRUCTURE OF INTEREST RATES: STRUCTURAL STABILITY AND MACROECONOMIC POLICY CHANGES IN UK
    Working Papers, Tilburg - Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (1990)
    Discussion Paper, Tilburg University, Center for Economic Research (1990)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1990) View citations (1)
28. WAGE SETTING AND STABILIZATION POLICY IN A GAME WITH RENEGOCIATION
    Working Papers, Tilburg - Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (1990)
    Discussion Paper, Tilburg University, Center for Economic Research (1990)
    See also Journal Article Wage Setting and Stabilization Policy in a Game with Renegotiation, Oxford Economic Papers, Oxford University Press (1992) View citations (4) (1992)

1989

29. Costs of Inflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Chapter Costs of inflation, Handbook of Monetary Economics, Elsevier (1990) View citations (64) (1990)

1987

30. MACROECONOMIC POLICY GAMES WITH INCOMPLETE INFORMATION - A SURVEY
    Economic Research Papers, University of Warwick - Department of Economics View citations (2)
    Also in The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (1987) View citations (2)
    See also Journal Article Macroeconomic policy games with incomplete information: A survey, European Economic Review, Elsevier (1988) View citations (12) (1988)

1986

31. Credible Disinflation in Closed and Open Economies
    Working Paper, Economics Department, Queen's University
32. The Consistency of Optimal Policy in Stochastic Rational Expectations Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (142)

1985

33. Credibility and Commitment in Economic Policy
    Working Paper, Economics Department, Queen's University View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1985) View citations (1)

1984

34. Inflation and Reputation
    Working Paper, Economics Department, Queen's University View citations (7)
    See also Journal Article Inflation and Reputation, American Economic Review, American Economic Association (1985) View citations (289) (1985)
35. Rational Expectations and Policy Credibility Following a Regime Change
    Working Paper, Economics Department, Queen's University View citations (4)

1981

36. Taxation and Excess Burden: A Life-Cycle Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article Taxation and Excess Burden: A Life Cycle Perspective, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1983) View citations (29) (1983)

1976

37. A Neoclassical Growth Model with Both Skilled and Unskilled Labor
    Working Papers, Princeton University, Department of Economics, Industrial Relations Section.

Journal Articles

2017

1. Authors: The Members of the European Economic Advisory Group at CESifo
   EEAG Report on the European Economy, 2017, 104-107
   Also in EEAG Report on the European Economy, 2013, 111-113 (2013) View citations (1)
   EEAG Report on the European Economy, 2015, 99-101 (2015)
   EEAG Report on the European Economy, 2014, 111-113 (2014)
2. Chapter 1: Macroeconomic Conditions and Outlook
   EEAG Report on the European Economy, 2017, 12-49
   Also in EEAG Report on the European Economy, 2016, 14-53 (2016) View citations (8)
3. Chapter 2: Economic Policy and the Rise of Populism – It’s Not So Simple
   EEAG Report on the European Economy, 2017, 50-66
4. Chapter 3: Britain and EUexit – The People Versus the EU
   EEAG Report on the European Economy, 2017, 67-81
5. Chapter 4: Immigration and the Refugee Crisis – Can Europe Rise to the Challenge?
   EEAG Report on the European Economy, 2017, 82-101
6. Recommendations for Europe
   EEAG Report on the European Economy, 2017, 06-07 View citations (1)
   Also in EEAG Report on the European Economy, 2014, 06-07 (2014)
   EEAG Report on the European Economy, 2015, 06-07 (2015)
   EEAG Report on the European Economy, 2013, 06-07 (2013) View citations (1)
   EEAG Report on the European Economy, 2016, 06-07 (2016)
7. Summary
   EEAG Report on the European Economy, 2017, 08-11
   Also in EEAG Report on the European Economy, 2013, 08-12 (2013)
   EEAG Report on the European Economy, 2015, 08-12 (2015)
   EEAG Report on the European Economy, 2014, 08-13 (2014)
   EEAG Report on the European Economy, 2016, 08-13 (2016)
8. The EEAG Report on the European Economy 2017: Economics of Populism
   EEAG Report on the European Economy, 2017, 01-110 View citations (4)

2016

9. Chapter 2: Intergenerational Fairness
   EEAG Report on the European Economy, 2016, 54-69
10. Chapter 3: Tuning Secondary Education
    EEAG Report on the European Economy, 2016, 70-84 View citations (1)
11. Chapter 4: Denmark: Too Good to Be True?
    EEAG Report on the European Economy, 2016, 85-98
12. Chapter 5: Western Balkans: Coming Together
    EEAG Report on the European Economy, 2016, 99-123
13. The EEAG Report on the European Economy 2016: What Next?
    EEAG Report on the European Economy, 2016, 01-140
14. Unconventional Monetary Policy in the Euro Zone
    Open Economies Review, 2016, 27, (2), 387-404 View citations (11)
    See also Working Paper Unconventional Monetary Policy in the Euro Zone, Working Papers Department of Economics (2015) View citations (3) (2015)

2015

15. Chapter 1: Macroeconomic Outlook
    EEAG Report on the European Economy, 2015, 13-50
    Also in EEAG Report on the European Economy, 2014, 15-53 (2014)
    EEAG Report on the European Economy, 2013, 13-54 (2013)
16. Chapter 2: The European EnergyConundrum: Power Failure
    EEAG Report on the European Economy, 2015, 51-65
17. Chapter 3: European Regional Disparity: Borders Strike Back
    EEAG Report on the European Economy, 2015, 66-77
18. Chapter 4:Migration in the European Union: Too much of a goodthing?
    EEAG Report on the European Economy, 2015, 78-96
19. The EEAG Report on the European Economy 2015: Blurring the Borders
    EEAG Report on the European Economy, 2015, 1-108 View citations (2)

2014

20. Chapter 2: Switzerland: Relic of the Past, Model for the Future?
    EEAG Report on the European Economy, 2014, 55-73 View citations (3)
21. Chapter 3: Austerity: Hurting but Helping
    EEAG Report on the European Economy, 2014, 75-90
22. Chapter 4: Banking Union: Who Should Take Charge?
    EEAG Report on the European Economy, 2014, 91-108
23. The EEAG Report on the European Economy 2014: The road towards cohesion
    EEAG Report on the European Economy, 2014, 01-120 View citations (4)

2013

24. Chapter 2: European Imbalances
    EEAG Report on the European Economy, 2013, 55-72 View citations (3)
25. Chapter 3: Labour Market Reform and Youth Unemployment
    EEAG Report on the European Economy, 2013, 73-94 View citations (3)
26. Chapter 4: US Precedents for Europe
    EEAG Report on the European Economy, 2013, 95-107
27. EEAG Report on the European Economy 2013 - Rebalancing Europe
    EEAG Report on the European Economy, 2013, 01-116 View citations (3)
28. Liquidity when it matters: QE and Tobin's q
    Oxford Economic Papers, 2013, 65, (suppl_1), i115-i145 View citations (6)
    See also Working Paper Liquidity when it matters: QE and Tobin’s q, CAGE Online Working Paper Series (2011) View citations (1) (2011)
29. REAL OPTIONS WITH PRICED REGIME-SWITCHING RISK
    International Journal of Theoretical and Applied Finance (IJTAF), 2013, 16, (05), 1-30 View citations (4)
    See also Working Paper Real Options with Priced Regime-Switching Risk, Department of Economics Working Papers (2009) View citations (3) (2009)

2011

30. BUBBLES IN EXCHANGE RATES AND MONETARY POLICY
    Scottish Journal of Political Economy, 2011, 58, (1), 29-50 View citations (3)
31. THE FUTURE OF MACROECONOMICS: GENERAL DISCUSSION
    Manchester School, 2011, 79, (s2), 36-38
32. THE FUTURE OF MACROECONOMICS: INTRODUCTORY REMARKS
    Manchester School, 2011, 79, (s2), 1-4 View citations (3)

2009

33. The Effects of Different Parameterizations of Markov-Switching in a CIR Model of Bond Pricing
    Studies in Nonlinear Dynamics & Econometrics, 2009, 13, (1), 24 View citations (3)

2007

34. Structural Unemployment in Europe: Reasons and Remedies. Edited by MARTIN WERDING
    Economica, 2007, 74, (296), 865-866

2006

35. Credibility of Optimal Monetary Delegation: Comment
    American Economic Review, 2006, 96, (4), 1361-1366 View citations (5)
36. Monetary policy and financial stability: What role for the futures market?
    Journal of Financial Stability, 2006, 2, (1), 95-112 View citations (36)
37. Target zones for exchange rates and policy changes
    Journal of International Money and Finance, 2006, 25, (6), 912-931 View citations (3)
    See also Working Paper Target Zones for Exchange Rates and Policy Changes, Department of Economics Working Papers (2005) (2005)
38. The Centralization of Wage Bargaining Revisited: What Have we Learnt?*
    Journal of Common Market Studies, 2006, 44, (4), 731-756 View citations (17)

2003

39. Investment Under Uncertainty with Stochastically Switching Profit Streams: Entry and Exit over the Business Cycle
    Studies in Nonlinear Dynamics & Econometrics, 2003, 7, (1), 40 View citations (16)
40. What Moves OECD Real Interest Rates?
    Journal of Money, Credit and Banking, 2003, 35, (3), 375-402 View citations (12)

2002

41. Inflation Targeting, Exchange Rate Volatility and International Policy Coordination
    Manchester School, 2002, 70, (4), 546-569 View citations (3)

1998

42. Intrinsic bubbles and regime-switching
    Journal of Monetary Economics, 1998, 42, (2), 357-373 View citations (95)
43. Testing the Expectations Hypothesis of the Term Structure Using Instrumental Variables
    International Journal of Finance & Economics, 1998, 3, (4), 321-25 View citations (9)

1997

44. A Reconciliation of Some Paradoxical Empirical Results on the Expectations Model of the Term Structure
    Oxford Bulletin of Economics and Statistics, 1997, 59, (1), 29-42 View citations (18)

1995

45. Renegotiation in a repeated Cournot duopoly
    Economics Letters, 1995, 47, (2), 143-148
    See also Working Paper Renegotiation in Repeated Cournot-Duopoly, Discussion Papers (1991) View citations (1) (1991)

1994

46. Testing the term structure of interest rates using a stationary vector autoregression with regime switching
    Journal of Economic Dynamics and Control, 1994, 18, (3-4), 601-628 View citations (90)

1993

47. Learning and Inflation Convergence in the ERM
    Economic Journal, 1993, 103, (417), 369-78 View citations (12)
48. Monopoly Unions and the Liberalisation of International Trade
    Economic Journal, 1993, 103, (417), 379-85 View citations (45)

1992

49. Changes in regime and the term structure: A note
    Journal of Economic Dynamics and Control, 1992, 16, (1), 165-173 View citations (5)
    See also Working Paper CHANGES IN REGIME AND THE TERM STRUCTURE: A NOTE, Working Papers (1990) (1990)
50. Wage Setting and Stabilization Policy in a Game with Renegotiation
    Oxford Economic Papers, 1992, 44, (3), 440-59 View citations (4)
    See also Working Paper WAGE SETTING AND STABILIZATION POLICY IN A GAME WITH RENEGOCIATION, Working Papers (1990) (1990)

1988

51. Macroeconomic policy games with incomplete information: A survey
    European Economic Review, 1988, 32, (2-3), 533-541 View citations (12)
    See also Working Paper MACROECONOMIC POLICY GAMES WITH INCOMPLETE INFORMATION - A SURVEY, Economic Research Papers (1987) View citations (2) (1987)

1985

52. Inflation and Reputation
    American Economic Review, 1985, 75, (3), 530-38 View citations (289)
    See also Working Paper Inflation and Reputation, Working Paper (1984) View citations (7) (1984)
53. Rational Expectations and Policy Credibility Following a Change in Regime
    The Review of Economic Studies, 1985, 52, (2), 211-221 View citations (120)

1983

54. Shock treatment for inflation: A note on optimal policy in a Buiter/Miller model
    European Economic Review, 1983, 23, (3), 291-297
55. Taxation and Excess Burden: A Life Cycle Perspective
    International Economic Review, 1983, 24, (3), 671-83 View citations (29)
    See also Working Paper Taxation and Excess Burden: A Life-Cycle Perspective, NBER Working Papers (1981) View citations (1) (1981)

1980

56. Life-Cycles with Terminal Retirement
    International Economic Review, 1980, 21, (1), 45-62 View citations (6)

Chapters

1990

1. Costs of inflation
   Chapter 19 in Handbook of Monetary Economics, 1990, vol. 2, pp 1013-1066 View citations (64)
   See also Working Paper Costs of Inflation, C.E.P.R. Discussion Papers (1989) (1989)