Details about Stephen George Hall
Access statistics for papers by Stephen George Hall.
Last updated 2022-06-08. Update your information in the RePEc Author Service.
Short-id: pha110
Jump to Journal Articles Edited books Chapters Editor
Working Papers
2020
- A Suggestion for a Dynamic Multi Factor Model (DMFM)
Working Papers, Bank of Greece
- Did the absence of a central bank backstop in the sovereign bond markets exacerbate spillovers during the euro-area crisis?
Working Papers, Bank of Greece View citations (1)
- The effect of Emergency Liquidity Assistance (ELA) on bank lending during the euro area crisis
Working Papers, Bank of Greece 
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2019) View citations (3)
See also Journal Article in Journal of International Money and Finance (2020)
2019
- On the Effects of the ECB’s Funding Policies on Bank Lending and the Demand for the Euro as an International Reserve
GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit 
Also in Working Papers, Bank of Greece (2019)
2016
- A Method for Measuring Treatment Effects on the Treated without Randomization
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (4)
See also Journal Article in Econometrics (2016)
- Measuring Systemic Stress in European Banking Systems*
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
- Removing Specification Errors from the Usual Formulation of Binary Choice Models*
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
See also Journal Article in Econometrics (2016)
- Self-fulfilling dynamics: The interactions of sovereign spreads, sovereign ratings and bank ratings during the euro financial crisis*
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
Also in Working Papers, Bank of Greece (2016) View citations (1)
See also Journal Article in Journal of International Money and Finance (2017)
2015
- A New International Database on Financial Fragility
Working Papers, University of Pretoria, Department of Economics View citations (7)
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2015) View citations (7) Working Papers, Economic Research Southern Africa (2015) View citations (7)
- How the Euro-Area Sovereign-Debt Crisis Led to a Collapse in Bank Equity Prices
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2014)  Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2015) 
See also Journal Article in Journal of Financial Stability (2016)
- The Effectiveness of The ECB’s Asset Purchase Programs Of 2009 To 2012
Working Papers, Bank of Greece 
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2015) 
See also Journal Article in Journal of Macroeconomics (2016)
2014
- Are All Sovereigns Equal? A Test of the Common Determination of Sovereign Spreads in the Euro Area
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
See also Journal Article in Empirical Economics (2015)
- Doom-loops: The Role of Rating Agencies in the Euro Financial Crisis
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
- Explaining social capital effects on growth and property rights via trust-alternative variables
MPRA Paper, University Library of Munich, Germany
- On the Interpretation of Instrumental Variables in the Presence of Specification Errors
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
See also Journal Article in Econometrics (2015)
- Time Varying Coefficient Models; A Proposal for selecting the Coefficient Driver Sets
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (2)
See also Journal Article in Macroeconomic Dynamics (2017)
2013
- Can Trust Explain Social Capital Effect on Property Rights and Growth?
MPRA Paper, University Library of Munich, Germany View citations (3)
- FUNDAMENTALLY WRONG: MARKET PRICING OF SOVEREIGNS AND THE GREEK FINANCIAL CRISIS
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (3)
Also in Special Conference Papers, Bank of Greece (2013) View citations (9)
See also Journal Article in Journal of Macroeconomics (2014)
- Is the Relationship Between Prices and Exchange Rates Homogeneous?
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (14)
See also Journal Article in Journal of International Money and Finance (2013)
- Measuring Currency Pressures: The Cases of the Japanese Yen, the Chinese Yuan, and the U.K. Pound
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (13)
See also Journal Article in Journal of the Japanese and International Economies (2013)
2012
- Consumer credit in an era of financial liberalisation: An overreaction to repressed demand?
MPRA Paper, University Library of Munich, Germany View citations (2)
Also in Working Papers, Bank of Greece (2012) View citations (4)
See also Journal Article in Applied Economics (2014)
- Do institutions matter for growth? Evidence from East Asian countries
MPRA Paper, University Library of Munich, Germany View citations (1)
- Institutions and growth: Testing the spatial effect using weight matrix based on the institutional distance concept
MPRA Paper, University Library of Munich, Germany View citations (4)
- Institutions-growth spatial dependence: An empirical test
MPRA Paper, University Library of Munich, Germany View citations (6)
- Milton Friedman, the Demand for Money and the ECB’s Monetary-Policy Strategy
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (15)
See also Journal Article in Review (2012)
- Spurious Common Factors
Discussion Paper Series, Department of Economics, Loughborough University View citations (1)
- The Debate about the Revived Bretton-Woods Regime: A Survey and Extension of the Literature
School of Economics Working Paper Series, LeBow College of Business, Drexel University 
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2011) View citations (2)
See also Journal Article in Journal of Economic Surveys (2013)
2011
- Generalized Cointegration: A New Concept with an Application to Health Expenditure and Health Outcomes
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (2)
See also Journal Article in Empirical Economics (2012)
- The ECB's New Multi-Country Model for the Euro area: NMCM - with Boundedly Rational Learning Expectations*
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (14)
Also in Working Paper Series, European Central Bank (2011) View citations (16)
- The Forward Rate Premium Puzzle: A Resolution?
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (6)
- The Nonexistence of Instrumental Variables
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2009) View citations (4)
2010
- Bretton-Woods systems, old and new, and the rotation of exchange-rate regimes
Working Papers, Bank of Greece View citations (2)
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2009) View citations (1)
See also Journal Article in Manchester School (2011)
- Decision-Based Forecast Evaluation of UK Interest Rate Predictability*
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
See also Journal Article in Journal of Forecasting (2016)
- Economic Value of Stock and Interest Rate Predictability in the UK
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester
- MEMBER: Multi-Country Euro Area Model with Boundedly Estimated Rationality
EcoMod2010, EcoMod View citations (1)
2009
- Assessing the Casual Relationship between Euro-Area Money and Price in Time-Varying Environment
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (4)
- Effect of oil price changes on the price of Russian and Chinese oil shares
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
See also Journal Article in Empirical Economics (2017)
- How Far From the Euro Area? Measuring Convergence of Inflation Rates in Eastern Europe
Discussion Paper Series, Department of Economics, Loughborough University View citations (11)
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester (2009) View citations (11)
See also Journal Article in Economic Modelling (2009)
- Measuring Convergence of the New Member Countries’ Exchange Rates to the Euro
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
See also Journal Article in Journal of Financial Transformation (2007)
- The Behaviour of Dickey Fuller test in the case of noisy data: to what extent we can trust the outcome
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (1)
- Time-Varying Coefficient Estimation in the Presence of Non-Stationarity
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (2)
2008
- A Portfolio Balance Approach to Euro-Area Money Demand in a Time-Varying Environment
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (16)
Also in Working Papers, Bank of Greece (2007) View citations (5)
- A Test of the Balassa-Samuelson Effect Applied to Chinese Regional Data
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester 
See also Journal Article in Journal for Economic Forecasting (2010)
- Estimation of Parameters in the Presence of Model misspecification and Measurement Error
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (12)
- Spatial Interdependencies of FDI Locations: A Lessening of the Tyranny of Distance?
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (20)
Also in Working Papers, Bank of Greece (2008) View citations (24)
- The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?
Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (3)
See also Journal Article in Southern Economic Journal (2009)
2007
- A New Look at Economic Convergence in Europe: A Common Factor Approach
Discussion Paper Series, Department of Economics, Loughborough University View citations (2)
See also Journal Article in International Journal of Finance & Economics (2009)
- Content
Working Papers, South African Reserve Bank
- Production Constraints and the NAIRU
Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) 
See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) (2008)
- The Benefits and Costs of Monetary Union in Southern Africa A Critical Survey of the Literature
Working Papers, South African Reserve Bank
2006
- A COMPARISON BETWEEN TESTS FOR CHANGES IN THE ADJUSTMENT COEFFICIENTS IN COINTEGRATED SYSTEMS
Economics and Finance Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University
- Measuring the Correlation of Shocks betweem the EU15 and the New Member Countries
Working Papers, Bank of Greece 
See also Journal Article in Economic Change and Restructuring (2006)
2005
- Non-Linear Properties of Currency Crises in Emerging Markets
Money Macro and Finance (MMF) Research Group Conference 2005, Money Macro and Finance Research Group
2004
- Foreign Direct Investment And Exchange Rate Uncertainty In Imperfectly Competitive Industries
Royal Economic Society Annual Conference 2004, Royal Economic Society View citations (6)
Also in National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research (2003) View citations (6) Money Macro and Finance (MMF) Research Group Conference 2003, Money Macro and Finance Research Group (2004) View citations (10)
- Foreign direct investment in industrial R&D and exchange rate uncertainty in the UK
Money Macro and Finance (MMF) Research Group Conference 2003, Money Macro and Finance Research Group View citations (6)
- Testing the Pooling Assumption in an Industry Panel of R&D Investment: What Do We Learn?
National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research View citations (3)
2003
- An Indicator Measuring Underlying Economic Activity in Greece
Working Papers, Bank of Greece View citations (13)
2002
- Bargaining Models and Identifying the Wage Equation
Royal Economic Society Annual Conference 2002, Royal Economic Society View citations (1)
1999
- Inflation Targeting: The Delegation and Co-Ordination of Monetary Policy
Computing in Economics and Finance 1999, Society for Computational Economics View citations (1)
- On the Identification of Cointegrated Systems in Small Samples: Practical Procedures with an Application to UK Wages and Prices
Computing in Economics and Finance 1999, Society for Computational Economics View citations (28)
- Testing for Common Cycles in Money, Nominal Income and Prices
Department of Economics - Working Papers Series, The University of Melbourne View citations (2)
See also Journal Article in Manchester School (2003)
1993
- An investigation of the effect of funding on the slope of the yield curve
Bank of England working papers, Bank of England View citations (22)
- Rational Bubbles During Poland's Hyperinflation: Implications and Empirical Evidence
CESifo Working Paper Series, CESifo 
Also in Documentos de Trabajo (working papers), Department of Economics - dECON (1993) 
See also Journal Article in European Economic Review (1994)
- Structural breaks and GARCH modelling
Documentos de Trabajo (working papers), Department of Economics - dECON
Undated
- Evolving Market Efficiency with an Application to Some Bulgarian Shares
Ace Project Memoranda, Department of Economics, University of Leicester View citations (2)
See also Journal Article in Economic Change and Restructuring (1997)
- Modelling Emerging Financial Markets and their Approach to Market Efficiency
Computing in Economics and Finance 1996, Society for Computational Economics
Journal Articles
2022
- Tax abuse—The potential for the Sustainable Development Goals
PLOS Global Public Health, 2022, 2, (2), 1-13
2021
- Cross-country spillovers of national financial markets and the effectiveness of ECB policies during the euro-area crisis
Oxford Economic Papers, 2021, 73, (4), 1454-1470
- Government Revenue and Child and Maternal Mortality
Open Economies Review, 2021, 32, (1), 213-229
2020
- A Monte Carlo Study of Time Varying Coefficient (TVC) Estimation
Computational Economics, 2020, 56, (1), 115-130
- Estimates of the New Keynesian Phillips Curve for Pakistan
Empirical Economics, 2020, 59, (2), 871-886
- Nonlinear forecast combinations: An example using euro-area real GDP growth
Journal of Economic Behavior & Organization, 2020, 180, (C), 579-589
- On the effects of the ECB’s funding policies on bank lending
Journal of International Money and Finance, 2020, 102, (C)
- The effect of emergency liquidity assistance (ELA) on bank lending during the euro area crisis
Journal of International Money and Finance, 2020, 108, (C) 
See also Working Paper (2020)
2019
- Does foreign aid play a role in the maintenance of economic growth? A non-linear analysis
The Quarterly Review of Economics and Finance, 2019, 73, (C), 192-204 View citations (3)
2018
- Macro Modelling at the NIESR: Its Recent History
National Institute Economic Review, 2018, 246, (1), R15-R23 
Also in National Institute Economic Review, 2018, 246, R15-R23 (2018)
- Measuring systemic vulnerability in European banking systems
Journal of Financial Stability, 2018, 36, (C), 279-292 View citations (6)
- The macroeconomic and fiscal implications of inflation forecast errors
Journal of Economic Dynamics and Control, 2018, 93, (C), 203-217
2017
- A suggestion for constructing a large time-varying conditional covariance matrix
Economics Letters, 2017, 156, (C), 110-113 View citations (6)
- Economic growth and convergence: Do institutional proximity and spillovers matter?
Journal of Policy Modeling, 2017, 39, (6), 1065-1085 View citations (26)
- Financial structure and economic development: Evidence on the view of ‘new structuralism’
International Review of Financial Analysis, 2017, 52, (C), 252-259 View citations (1)
- On the Interpretation of Instrumental Variables in the Presence of Specification Errors: A Reply
Econometrics, 2017, 5, (3), 1-3 View citations (2)
- Self-fulfilling dynamics: The interactions of sovereign spreads, sovereign ratings and bank ratings during the euro financial crisis
Journal of International Money and Finance, 2017, 73, (PB), 371-385 View citations (15)
See also Working Paper (2016)
- TIME-VARYING COEFFICIENT MODELS: A PROPOSAL FOR SELECTING THE COEFFICIENT DRIVER SETS
Macroeconomic Dynamics, 2017, 21, (5), 1158-1174 View citations (2)
See also Working Paper (2014)
- The effect of oil price changes on the price of Russian and Chinese oil shares
Empirical Economics, 2017, 53, (4), 1639-1656 
See also Working Paper (2009)
- Trust-based social capital, economic growth and property rights: explaining the relationship
International Journal of Social Economics, 2017, 44, (1), 21-52 View citations (9)
2016
- A Method for Measuring Treatment Effects on the Treated without Randomization
Econometrics, 2016, 4, (2), 1-23 View citations (4)
See also Working Paper (2016)
- Decision‐Based Forecast Evaluation of UK Interest Rate Predictability
Journal of Forecasting, 2016, 35, (2), 93-112 
See also Working Paper (2010)
- How the euro-area sovereign-debt crisis led to a collapse in bank equity prices
Journal of Financial Stability, 2016, 26, (C), 266-275 View citations (13)
See also Working Paper (2015)
- Removing Specification Errors from the Usual Formulation of Binary Choice Models
Econometrics, 2016, 4, (2), 1-21 View citations (1)
See also Working Paper (2016)
- The effectiveness of the ECB's asset purchase programs of 2009 to 2012
Journal of Macroeconomics, 2016, 47, (PA), 45-57 View citations (38)
See also Working Paper (2015)
2015
- A NOTE ON GENERALIZING THE CONCEPT OF COINTEGRATION
Macroeconomic Dynamics, 2015, 19, (7), 1633-1646 View citations (1)
- Are all sovereigns equal? A test of the common determination of sovereign spreads in the euro area
Empirical Economics, 2015, 48, (3), 939-949 View citations (7)
See also Working Paper (2014)
- MICROPRODUCTION FUNCTIONS WITH UNIQUE COEFFICIENTS AND ERRORS: A RECONSIDERATION AND RESPECIFICATION
Macroeconomic Dynamics, 2015, 19, (2), 311-333
- On the Interpretation of Instrumental Variables in the Presence of Specification Errors
Econometrics, 2015, 3, (1), 1-10 View citations (11)
See also Working Paper (2014)
- Two applications of the random coefficient procedure: Correcting for misspecifications in a small area level model and resolving Simpson's paradox
Economic Modelling, 2015, 45, (C), 93-98 View citations (5)
2014
- Consumer credit in an era of financial liberalization: an overreaction to repressed demand?
Applied Economics, 2014, 46, (2), 139-152 View citations (10)
See also Working Paper (2012)
- Fundamentally Wrong: Market Pricing of Sovereigns and the Greek Financial Crisis
Journal of Macroeconomics, 2014, 39, (PB), 405-419 View citations (30)
See also Working Paper (2013)
- Inflation and Business Cycle Convergence in the Euro Area: Empirical Analysis Using an Unobserved Component Model
Open Economies Review, 2014, 25, (5), 885-908 View citations (3)
- Lawrence R. Klein and the Economic Forecasting – A Survey
Journal for Economic Forecasting, 2014, (1), 5-14
- Revisiting the institutions-growth nexus in developing countries: The new evidence
New Zealand Economic Papers, 2014, 48, (3), 301-312 View citations (3)
2013
- Do R&D strategies in high-tech sectors differ from those in low-tech sectors? An alternative approach to testing the pooling assumption
Economic Change and Restructuring, 2013, 46, (2), 183-202 View citations (16)
- Is the relationship between prices and exchange rates homogeneous?
Journal of International Money and Finance, 2013, 37, (C), 411-438 View citations (14)
See also Working Paper (2013)
- Limited information minimal state variable learning in a medium-scale multi-country model
Economic Modelling, 2013, 33, (C), 808-825 View citations (12)
- Measuring currency pressures: The cases of the Japanese yen, the Chinese yuan, and the UK pound
Journal of the Japanese and International Economies, 2013, 29, (C), 1-20 View citations (14)
See also Working Paper (2013)
- THE DEBATE ABOUT THE REVIVED BRETTON-WOODS REGIME: A SURVEY AND EXTENSION OF THE LITERATURE
Journal of Economic Surveys, 2013, 27, (2), 340-363 View citations (8)
See also Working Paper (2012)
- The forward rate premium puzzle: a case of misspecification?
Studies in Nonlinear Dynamics & Econometrics, 2013, 17, (3), 265-279 View citations (6)
2012
- Financial crisis, effective policy rules and bounded rationality in a New Keynesian framework
Economic Change and Restructuring, 2012, 45, (1), 25-44
- Generalized cointegration: a new concept with an application to health expenditure and health outcomes
Empirical Economics, 2012, 42, (2), 603-618 View citations (9)
See also Working Paper (2011)
- Introduction to the special issue in honour of Wojciech Charemza
Economic Change and Restructuring, 2012, 45, (1), 1-2
- Measurement of causal effects
Economic Change and Restructuring, 2012, 45, (1), 3-23 View citations (2)
- Milton Friedman, the demand for money, and the ECB’s monetary policy strategy
Review, 2012, 94, (May), 153-186 View citations (3)
See also Working Paper (2012)
- Spatial panel data analysis with feasible GLS techniques: An application to the Chinese real exchange rate
Economic Modelling, 2012, 29, (1), 41-47 View citations (1)
- The Greek financial crisis: Growing imbalances and sovereign spreads
Journal of International Money and Finance, 2012, 31, (3), 498-516 View citations (68)
2011
- BRETTON‐WOODS SYSTEMS, OLD AND NEW, AND THE ROTATION OF EXCHANGE‐RATE REGIMES
Manchester School, 2011, 79, (2), 293-317 View citations (2)
See also Working Paper (2010)
- The small sample properties of tests of the expectations hypothesis: a Monte Carlo investigation
International Journal of Finance & Economics, 2011, 16, (2), 152-171 View citations (2)
2010
- A Test of the Balassa-Samuelson Effect Applied to Chinese Regional Data
Journal for Economic Forecasting, 2010, (2), 57-78 View citations (3)
See also Working Paper (2008)
- Arnold Zellner: January 2nd 1927-August 11th 2010
Economic Modelling, 2010, 27, (6), 1337-1337
- Exchange-rate volatility and export performance: Do emerging market economies resemble industrial countries or other developing countries?
Economic Modelling, 2010, 27, (6), 1514-1521 View citations (34)
- Introduction: P.A.V.B. Swamy's contribution to Econometrics
Economic Modelling, 2010, 27, (6), 1338-1344
- The Fisher Effect Puzzle: A Case of Non-Linear Relationship?
Open Economies Review, 2010, 21, (1), 91-103 View citations (10)
2009
- A new look at economic convergence in Europe: a common factor approach
International Journal of Finance & Economics, 2009, 14, (1), 85-97 View citations (7)
See also Working Paper (2007)
- Assessing the causal relationship between euro-area money and prices in a time-varying environment
Economic Modelling, 2009, 26, (4), 760-766 View citations (12)
- Foreign Direct Investment in R&D and Exchange Rate Uncertainty
Open Economies Review, 2009, 20, (2), 207-223 View citations (11)
- How far from the Euro Area? Measuring convergence of inflation rates in Eastern Europe
Economic Modelling, 2009, 26, (4), 788-798 View citations (11)
See also Working Paper (2009)
- The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?
Southern Economic Journal, 2009, 76, (2), 467-481 
See also Working Paper (2008)
- Where Has All the Money Gone? Wealth and the Demand for Money in South Africa †
Journal of African Economies, 2009, 18, (1), 84-112 View citations (4)
2008
- Foreign direct investment and exchange rate uncertainty in South-East Asia
International Journal of Finance & Economics, 2008, 13, (4), 349-359 View citations (9)
- Measuring the Correlation of Shocks Between the UK and the Core of Europe
Journal for Economic Forecasting, 2008, 5, (1), 17-26 View citations (1)
- Production Constraints and the NAIRU
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2008, 2, 1-15 View citations (1)
See also Working Paper (2007)
2007
- Combining density forecasts
International Journal of Forecasting, 2007, 23, (1), 1-13 View citations (200)
- Measuring convergence of the new member countries’ exchange rates to the euro
Journal of Financial Transformation, 2007, 19, 20-25 View citations (4)
See also Working Paper (2009)
2006
- An Independent Bank of England
National Institute Economic Review, 2006, 196, (1), 120-127
- An Independent Bank of England: Is that Enough
National Institute Economic Review, 2006, 196, 120-127
- Evaluating policy feedback rules using the joint density function of a stochastic model
Economics Letters, 2006, 93, (1), 1-5 View citations (15)
- Measuring the correlation of shocks between the EU15 and the new member countries
Economic Change and Restructuring, 2006, 39, (1), 19-34 View citations (7)
See also Working Paper (2006)
- The New Monetary Regime
National Institute Economic Review, 2006, 196, (1), 63-65
- The New Monetary Regime: Introduction
National Institute Economic Review, 2006, 196, 63-65
2005
- A Sequential Test for Structural Breaks in the Causal Linkages Between the G7 Short-Term Interest Rates
Open Economies Review, 2005, 16, (2), 107-133
- Evaluating, Comparing and Combining Density Forecasts Using the KLIC with an Application to the Bank of England and NIESR ‘Fan’ Charts of Inflation*
Oxford Bulletin of Economics and Statistics, 2005, 67, (s1), 995-1033 View citations (106)
- Interest rate linkages: a Kalman filter approach to detecting structural change
Economic Modelling, 2005, 22, (2), 253-284 View citations (25)
- Interest rate linkages: identifying structural relations
Applied Financial Economics, 2005, 15, (14), 977-986 View citations (10)
2004
- Expectations Formation and the 1990s ERM Crisis/Formación de expectativas y crisis del S.M.E en la década de los noventa
Estudios de Economia Aplicada, 2004, 22, 161-174
- Would adopting the Australian dollar provide superior monetary policy in New Zealand?
Economic Modelling, 2004, 21, (6), 949-964 View citations (8)
2003
- Evaluating the Gains to Cooperation in the G-3
Empirica, 2003, 30, (4), 337-356 View citations (2)
- S.G.B. Henry: a memoir and a festschrift essay
Economic Modelling, 2003, 20, (2), 227-236
- Testing for Common Cycles in Money, Nominal Income and Prices
Manchester School, 2003, 71, (s1), 68-84 View citations (3)
See also Working Paper (1999)
2002
- A Non-parametric Approach to Pricing and Hedging Derivative Securities: With an Application to LIFFE Data
Computational Economics, 2002, 19, (3), 303-22 View citations (1)
- Foreign exchange market efficiency and cointegration
Applied Financial Economics, 2002, 12, (2), 131-139 View citations (6)
- Measuring the Capital Stock in Russia: An Unobserved Component Model
Economic Change and Restructuring, 2002, 35, (4), 365-70 View citations (5)
- Modelling Economic Policy Responses with an Application to the G3
Annals of Economics and Statistics, 2002, (67-68), 415-433 View citations (1)
- On the identification of cointegrated systems in small samples: a modelling strategy with an application to UK wages and prices
Journal of Economic Dynamics and Control, 2002, 26, (9-10), 1517-1537 View citations (41)
- The 1998 Russian crisis: could the exchange rate volatility have predicted it?
Journal of Policy Modeling, 2002, 24, (2), 151-168 View citations (4)
2001
- Coordination and price shocks: an empirical analysis
Economic Modelling, 2001, 18, (4), 569-584 View citations (1)
- Creating High-Frequency National Accounts with State-Space Modelling: A Monte Carlo Experiment
Journal of Forecasting, 2001, 20, (6), 441-49 View citations (29)
- Irreducibility and Structural Cointegrating Relations: An Application to the G-7 Long-Term Interest Rates
International Journal of Finance & Economics, 2001, 6, (2), 127-38 View citations (22)
2000
- Do Market Participants Learn? The Case of the Budapest Stock Exchange
Economic Change and Restructuring, 2000, 33, (1-2), 3-18 View citations (5)
- Modelling economies in transition: an introduction
Economic Modelling, 2000, 17, (3), 339-357 View citations (12)
- Unemployment and the capital stock: a dynamic structural model of the UK supply side
Economic Modelling, 2000, 17, (3), 415-437 View citations (8)
1999
- A Principal Components Analysis of Common Stochastic Trends in Heterogeneous Panel Data: Some Monte Carlo Evidence
Oxford Bulletin of Economics and Statistics, 1999, 61, (S1), 749-767 View citations (8)
- Detecting Periodically Collapsing Bubbles: A Markov-Switching Unit Root Test
Journal of Applied Econometrics, 1999, 14, (2), 143-54 View citations (147)
- Examining the first stages of market performance: a test for evolving market efficiency
Economics Letters, 1999, 64, (1), 1-12 View citations (44)
- Shock Hunting: The Relative Importance of Industry‐Specific, Region‐specific and Aggregate shocks in the OECD Countries
Manchester School, 1999, 67, (s1), 49-65
- Stylized Facts of the Business Cycle Revisited: A Structural Modelling Approach
International Journal of Finance & Economics, 1999, 4, (3), 253-68 View citations (2)
1998
- Modelling and forecasting UK public finances
Fiscal Studies, 1998, 19, (1), 63-81 View citations (4)
- Using Models to Analyse Economic Policy Responses; The Case of Environmental Co-Operation
Energy & Environment, 1998, 9, (5), 481-497
1997
- Cointegration and Changes in Regime: The Japanese Consumption Function
Journal of Applied Econometrics, 1997, 12, (2), 151-68 View citations (51)
- E-equilibria and adaptive expectations: Output and inflation in the LBS model
Journal of Economic Dynamics and Control, 1997, 21, (7), 1149-1171 View citations (16)
- Empirical Properties of the Black Market Zloty-Dollar Exchange Rate, 1955-1990
International Journal of Finance & Economics, 1997, 2, (1), 29-37
- Evolving Market Efficiency with an Application to Some Bulgarian Shares
Economic Change and Restructuring, 1997, 30, (2), 75-90 View citations (27)
Also in Economic Change and Restructuring, 1997, 30, (2-3), 75-90 (1997) View citations (28)
See also Working Paper
- Learning about monetary union: An analysis of bounded rational learning in European labor markets
Journal of Policy Modeling, 1997, 19, (5), 469-489
- Measuring Economic Convergence
International Journal of Finance & Economics, 1997, 2, (2), 131-43 View citations (18)
- Stabilizing energy related CO2 emissions for India
Energy Economics, 1997, 19, (1), 125-150 View citations (2)
- Switching error-correction models of house prices in the United Kingdom
Economic Modelling, 1997, 14, (4), 517-527 View citations (50)
1996
- Carbon abatement costs: an integrated approach for India*
Environment and Development Economics, 1996, 1, (1), 41-63 View citations (4)
- Endogenous technical progress in fossil fuel demand: The case of France
Journal of Policy Modeling, 1996, 18, (2), 141-155 View citations (2)
- Measuring Underlying Economic Activity
Journal of Applied Econometrics, 1996, 11, (2), 135-51 View citations (4)
- Modelling economies subject to structural change: The case of Germany
Economic Modelling, 1996, 13, (4), 545-559 View citations (9)
1995
- A proposed framework for monetary policy
Applied Economics Letters, 1995, 2, (5), 135-138
- Macroeconomics and a Bit More Reality
Economic Journal, 1995, 105, (431), 974-88 View citations (21)
- Model consistent learning and regime switching in the London Business School model
Economic Modelling, 1995, 12, (2), 87-95 View citations (3)
- Price and Quantity Responses to Cost and Demand Shocks
Oxford Bulletin of Economics and Statistics, 1995, 57, (2), 185-204 View citations (1)
1994
- Forecasting Economies in Transition: The Case of Romania
Economic Change and Restructuring, 1994, 27, (3), 175-84 View citations (2)
- Is the Bundesbank Different from Other Central Banks: A Study Based on P
Empirical Economics, 1994, 19, (4), 691-707 View citations (3)
- Rational bubbles during Poland's hyperinflation: Implications and empirical evidence
European Economic Review, 1994, 38, (6), 1257-1276 View citations (37)
See also Working Paper (1993)
- Robust optimal decisions with stochastic nonlinear economic systems
Journal of Economic Dynamics and Control, 1994, 18, (1), 125-147 View citations (7)
- The Relevance of P-Star Analysis to UK Monetary Policy
Economic Journal, 1994, 104, (424), 597-604 View citations (86)
- Transportation and energy in Santiago, Chile
Transport Policy, 1994, 1, (4), 233-243 View citations (1)
1993
- Modelling Structural Change Using the Kalman Filter
Economic Change and Restructuring, 1993, 26, (1), 1-13 View citations (11)
- Modelling the Sterling Effective Exchange Rate Using Expectations and Learning
The Manchester School of Economic & Social Studies, 1993, 61, (3), 270-86 View citations (3)
1992
- Measuring Convergence of the EC Economies
The Manchester School of Economic & Social Studies, 1992, 60, 99-111 View citations (50)
- Measuring Efficiency and Risk in the Major Bond Markets
Oxford Economic Papers, 1992, 44, (4), 599-625 View citations (6)
- Testing a Discrete Switching Disequilibrium Model of the UK Labour Market
Journal of Applied Econometrics, 1992, 7, (1), 83-91 View citations (4)
1991
- An Application of the Stochastic GARCH-in-Mean Model to Risk Premia in the London Metal Exchange
The Manchester School of Economic & Social Studies, 1991, 59, 57-71 View citations (11)
- Cointegration in Recursive Systems
Economic Journal, 1991, 101, (405), 239-51 View citations (23)
- Sterling's Relationship with the Dollar and the Deutschemark: 1976-89
Economic Journal, 1991, 101, (406), 436-43 View citations (47)
- The Effect of Varying Length VAR Models on the Maximum Likelihood Estimates of Cointegrating Vectors
Scottish Journal of Political Economy, 1991, 38, (4), 317-23 View citations (40)
1990
- An Algorithm for the Solution of Stochastic Optimal Control Problems for Large Nonlinear Econometric Models
Journal of Applied Econometrics, 1990, 5, (4), 393-99 View citations (2)
- Manufacturing Stocks: Expectations, Risk and Co-integration
Economic Journal, 1990, 100, (402), 756-72 View citations (17)
1989
- An Investigation of the Long-run Properties of Aggregate Non-durable Consumers' Expenditure in the United Kingdom
Economic Journal, 1989, 99, (396), 454-60 View citations (13)
- Maximum Likelihood Estimation of Cointegration Vectors: An Example of the Johansen Procedure
Oxford Bulletin of Economics and Statistics, 1989, 51, (2), 213-18 View citations (39)
- Modelling Asset Prices with Time-Varying Betas
The Manchester School of Economic & Social Studies, 1989, 57, (4), 340-56 View citations (7)
1988
- Analysing Unstable Policy Prescriptions in Linear Difference Models with Rational Expectations
Bulletin of Economic Research, 1988, 40, (3), 217-25
1987
- A Forward Looking Model of the Exchange Rate
Journal of Applied Econometrics, 1987, 2, (1), 47-60 View citations (10)
- Analysing Economic Behaviour 1975-85 with a Model Incorporating Consistent Expectations
National Institute Economic Review, 1987, 120, (1), 75-80 
Also in National Institute Economic Review, 1987, 120, 75-80 (1987)
- Wage Models
National Institute Economic Review, 1987, 119, 70-75 View citations (7)
Also in National Institute Economic Review, 1987, 119, (1), 70-75 (1987) View citations (10)
1986
- A dynamic econometric model of the UK with rational expectations
Journal of Economic Dynamics and Control, 1986, 10, (1-2), 219-223 View citations (2)
- An Application of the Granger & Engle Two-Step Estimation Procedure to United Kingdom Aggregate Wage Data
Oxford Bulletin of Economics and Statistics, 1986, 48, (3), 229-39 View citations (64)
- Consistent Simulations and the National Institute Model 8
National Institute Economic Review, 1986, 115, (1), 64-73 
Also in National Institute Economic Review, 1986, 115, 64-73 (1986)
- Disequilibrium models with rational expectations: An application to the UK labour market
Economics Letters, 1986, 21, (3), 215-220
- Forecasting employment: The role of forward-looking behaviour
International Journal of Forecasting, 1986, 2, (4), 435-445
- Forecasting with an Econometric Model: Some Recent Results Using the National Institute Model
Journal of Applied Econometrics, 1986, 1, (2), 163-83
- Oil Prices and the Economy
National Institute Economic Review, 1986, 116, 38-44 
Also in National Institute Economic Review, 1986, 116, (1), 38-44 (1986) View citations (1)
- The Application of Stochastic Simulation Techniques to the National Institute's Model 7
The Manchester School of Economic & Social Studies, 1986, 54, (2), 180-201 View citations (5)
- The Exchange Rate and the Balance of Payments
National Institute Economic Review, 1986, 115, 74-82 
Also in National Institute Economic Review, 1986, 115, (1), 74-82 (1986)
- The use of prior regressions in the estimation of error correction models
Economics Letters, 1986, 20, (1), 33-37 View citations (1)
- Time inconsistency and optimal policy formulation in the presence of rational expectations
Journal of Economic Dynamics and Control, 1986, 10, (1-2), 323-326 View citations (1)
1985
- Forecasting with a Rational Expectations Model of the UK: A Comment
Oxford Bulletin of Economics and Statistics, 1985, 47, (4), 337-45
- On the Solution of Large Economic Models with Consistent Expectations
Bulletin of Economic Research, 1985, 37, (2), 157-61 View citations (10)
- Rational Expectations in an Econometric Model: Niesr Model 8
National Institute Economic Review, 1985, 114, (1), 58-68 View citations (1)
- Rational Expectations in an Econometric Model: Niesr Model 8∗
National Institute Economic Review, 1985, 114, 58-68
1984
- On the Solution of High Order, Symmetric, Difference Equations
Oxford Bulletin of Economics and Statistics, 1984, 46, (1), 85-88
1983
- Money and the Walrasian Utility Function
Oxford Economic Papers, 1983, 35, (2), 247-53 View citations (1)
- The Economic Effects of North Sea Oil
National Institute Economic Review, 1983, 104, (1), 38-44 View citations (1)
Also in National Institute Economic Review, 1983, 104, 38-44 (1983)
1982
- Money and the Economics of Leon Walras
Scottish Journal of Political Economy, 1982, 29, (3), 246-55 View citations (1)
1980
- Scarcity, energy and economic progress: by Ferdinand E. Banks 200 pp, [UK pound]10.50, Lexington books, Lexington, MA, 1978
Energy Economics, 1980, 2, (1), 60-61
Edited books
2004
- Macroeconometric Models and European Monetary Union, vol 73
RWI Schriften, RWI - Leibniz-Institut für Wirtschaftsforschung View citations (5)
Chapters
2018
- Spreads and bank ratings in the Euro area sovereign debt crises
Chapter 6 in Global Economic Modeling A Volume in Honor of Lawrence R. Klein, 2018, pp 112-145
2013
- Inflation Convergence in Europe
Springer
2009
- Recent Developments in Density Forecasting
Palgrave Macmillan View citations (8)
2007
- Foreign Direct Investment (FDI) and Exchange Rate Uncertainty in Imperfectly Competitive Industries
Springer
2002
- Testing for Common Features in the European Union
Palgrave Macmillan
1998
- IS THE BUNDESBANK DIFFERENT FROM OTHER CENTRAL BANKS?
Chapter 3 in Link Proceedings 1991, 1992 Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992, 1998, pp 45-59
- THE DEGREE OF CONVERGENCE WITHIN THE EMS
Chapter 2 in Link Proceedings 1991, 1992 Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992, 1998, pp 34-44
- THE TREATMENT OF EXPECTATIONS EFFECTS IN LARGE-SCALE MODELS
Chapter 13 in Link Proceedings 1991, 1992 Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992, 1998, pp 247-275
Editor
- Economic Modelling
Elsevier
|
The links between different versions of a paper are constructed automatically by matching on the titles.
Please contact if a link is incorrect.
Use this form
to add links between versions where the titles do not match.
|