Details about Sean Holly
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Last updated 2024-12-06. Update your information in the RePEc Author Service.
Short-id: pho194
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Working Papers
2024
- Engle-Granger Representation in Spatial and Spatio-Temporal Models
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 
Also in Accountancy, Economics, and Finance Working Papers, Heriot-Watt University, Department of Accountancy, Economics, and Finance (2024)
- Network structures and heterogeneity in policy preferences at the FOMC
Accountancy, Economics, and Finance Working Papers, Heriot-Watt University, Department of Accountancy, Economics, and Finance
2021
- Spatial and Spatio-Temporal Error Correction Networks and Common Correlated Effects
National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research 
Also in BEMPS - Bozen Economics & Management Paper Series, Faculty of Economics and Management at the Free University of Bozen (2021) 
See also Chapter Spatial and Spatio-Temporal Error Correction, Networks and Common Correlated Effects, Advances in Econometrics, Emerald Group Publishing Limited (2022) (2022)
2020
- Spatial and Spatio-temporal Engle-Granger representations, Networks and Common Correlated Effects
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
2017
- Aggregate and Firm level volatility: the role of acquisitions and disposals
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
2015
- Operating Leverage over the Business Cycle
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (2)
2014
- A Two Stage Approach to Spatiotemporal Analysis with Strong and Weak Cross-Sectional Dependence
CESifo Working Paper Series, CESifo View citations (2)
Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2013) View citations (26)
See also Journal Article A Two‐Stage Approach to Spatio‐Temporal Analysis with Strong and Weak Cross‐Sectional Dependence, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2016) View citations (86) (2016)
- Asymmetric Price Adjustment, Sticky Costs and Operating Leverage over the Business Cycle
SEEC Discussion Papers, Spatial Economics and Econometrics Centre, Heriot Watt University View citations (1)
2013
- A Note on Money and the Conduct of Monetary Policy
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (1)
Also in Studies in Economics, School of Economics, University of Kent (2013) View citations (3) CEIS Research Paper, Tor Vergata University, CEIS (2013) View citations (3)
See also Journal Article A NOTE ON MONEY AND THE CONDUCT OF MONETARY POLICY, Macroeconomic Dynamics, Cambridge University Press (2014) View citations (5) (2014)
2012
- Persistent Habits, optimal Monetary Policy Inertia and Interest Rate Smoothing
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
2011
- Aggregate fluctuations and the cross-sectional dynamics of firm growth
Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven View citations (3)
See also Journal Article Aggregate fluctuations and the cross-sectional dynamics of firm growth, Journal of the Royal Statistical Society Series A, Royal Statistical Society (2013) View citations (17) (2013)
- New Instruments of Monetary Policy
Studies in Economics, School of Economics, University of Kent View citations (2)
2010
- Factor Demand Linkages, Technology Shocks and the Business Cycle
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (2)
Also in Working Papers of Department of Economics, Leuven, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven (2010)  MPRA Paper, University Library of Munich, Germany (2009) View citations (9)
See also Journal Article Factor Demand Linkages, Technology Shocks, and the Business Cycle, The Review of Economics and Statistics, MIT Press (2012) View citations (42) (2012)
- Rational Partisan Theory, Uncertainty and Spatial Voting: Evidence for the Bank of England’s MPC
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (19)
See also Journal Article RATIONAL PARTISAN THEORY, UNCERTAINTY, AND SPATIAL VOTING: EVIDENCE FOR THE BANK OF ENGLAND'S MPC, Economics and Politics, Wiley Blackwell (2010) View citations (20) (2010)
- Spatial and Temporal Diffusion of House Prices in the UK
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (12)
Also in Discussion Papers, Department of Economics, University of York View citations (104) Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2009) View citations (1) CESifo Working Paper Series, CESifo (2010) View citations (33)
See also Journal Article The spatial and temporal diffusion of house prices in the UK, Journal of Urban Economics, Elsevier (2011) View citations (136) (2011)
- Structural Interactions in Spatial Panels
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (7)
Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2009) 
See also Journal Article Structural interactions in spatial panels, Empirical Economics, Springer (2011) View citations (17) (2011)
- Understanding Interactions in Social Networks and Committees
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (5)
Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2009) View citations (9)
See also Journal Article Understanding Interactions in Social Networks and Committees, Spatial Economic Analysis, Taylor & Francis Journals (2013) View citations (58) (2013)
2009
- The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices
Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research View citations (3)
Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2008) View citations (6) Quantitative Macroeconomics Working Papers, Hamburg University, Department of Economics (2008) View citations (6)
- The Financial Integration of the European Union: Common and Idiosyncratic Drivers
Working Paper / FINESS, DIW Berlin, German Institute for Economic Research View citations (3)
- The Macroeconomic Effects of European Financial Development: A Heterogenous Panel Analysis
Working Paper / FINESS, DIW Berlin, German Institute for Economic Research View citations (6)
2008
- Factor demand linkages and the business cycle: Interpreting aggregate fluctuations as sectoral fluctuations
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (7)
Also in CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2008) View citations (7)
- Financial Fragility, Heterogeneous Firms and the Cross Section of the Business Cycle
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (6)
Also in Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group (2007)
- Reconnecting Money to Inflation: The Role of the External Finance Premium
Studies in Economics, School of Economics, University of Kent View citations (4)
Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2008) View citations (4)
2007
- Long Run Macroeconomic Relations in the Global Economy
Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (119)
Also in CESifo Working Paper Series, CESifo (2007) View citations (105) Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2007) View citations (101) Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2007) View citations (105) Working Paper Series, European Central Bank (2007) View citations (105)
See also Journal Article Long Run Macroeconomic Relations in the Global Economy, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2007) View citations (105) (2007)
2006
- A Spatio-Temporal Model of House Prices in the US
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (38)
Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2006) View citations (15) CESifo Working Paper Series, CESifo (2006) View citations (17)
See also Journal Article A spatio-temporal model of house prices in the USA, Journal of Econometrics, Elsevier (2010) View citations (248) (2010)
- Macroeconomic Models and the Yield Curve
Computing in Economics and Finance 2006, Society for Computational Economics
- Macroeconomic Models and the Yield Curve: An assessment of the Fit
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 
See also Journal Article Macroeconomic models and the yield curve: An assessment of the fit, Journal of Economic Dynamics and Control, Elsevier (2010) View citations (2) (2010)
2005
- Inflation Targeting, Committee Decision Making and Uncertainty: The case of the Bank of England's MPC
Computing in Economics and Finance 2005, Society for Computational Economics View citations (16)
Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2005) View citations (9) Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group (2004) View citations (4)
- The Cross-Sectional Dynamics of German Business Cycles: A Bird´s Eye View
Quantitative Macroeconomics Working Papers, Hamburg University, Department of Economics View citations (10)
Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2005) View citations (44)
2004
- Business Failure in UK and US Quoted Firms: Impact of Macroeconomic Instability and the Role of Legal Institutions
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (15)
- Habit Formation and Interest Rate Smoothing
CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis View citations (7)
Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004) View citations (8)
2003
- Nonlinear Phillips Curves, Mixing Feedback Rules and the Distribution of Inflation and Output
CEIS Research Paper, Tor Vergata University, CEIS View citations (8)
See also Journal Article Nonlinear Phillips curves, mixing feedback rules and the distribution of inflation and output, Journal of Economic Dynamics and Control, Elsevier (2003) View citations (9) (2003)
- Volatility and Policy Regimes: the UK joining the Euro
Computing in Economics and Finance 2003, Society for Computational Economics
2002
- Macro Economic Instability and Business Exit: Determinants of Failures and Acquisitions of Large UK Firms
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (24)
Also in Royal Economic Society Annual Conference 2002, Royal Economic Society (2002) View citations (29)
- The Business Cycle, Macroeconomic Shocks and the Cross Section: Evidence from UK Quoted Companies
Royal Economic Society Annual Conference 2002, Royal Economic Society View citations (1)
- The Channels of Monetary Policy: Evidence from Firm Level data in the US and the UK
Computing in Economics and Finance 2002, Society for Computational Economics View citations (1)
2001
- The Business Cycle, Macroeconomic Shocks and the Cross Section: The Growth of UK Quoted Companies
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (7)
2000
- Piecewise Linear Feedback Rules in a Non Linear Model of the Phillips Curve: Evidence from the US and the UK
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (1)
1999
- Linear Feedback Rules in Non-Linear Models with Rational Expectations
Computing in Economics and Finance 1999, Society for Computational Economics
1997
- Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
See also Journal Article Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK, Scottish Journal of Political Economy, Scottish Economic Society (2001) View citations (3) (2001)
- Asymmetries in Private Sector Investment: An Empirical Investigation
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
- Production Smoothing, Inventory Investment and Asymmetric Adjustment
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
- The Asymmetric Adjustment of Prices: Theory and Evidence from UK Manufacturing
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (5)
Journal Articles
2018
- Contemporary developments in the theory and practice of spatial econometrics
Spatial Economic Analysis, 2018, 13, (2), 139-147 View citations (2)
2016
- A Two‐Stage Approach to Spatio‐Temporal Analysis with Strong and Weak Cross‐Sectional Dependence
Journal of Applied Econometrics, 2016, 31, (1), 249-280 View citations (86)
See also Working Paper A Two Stage Approach to Spatiotemporal Analysis with Strong and Weak Cross-Sectional Dependence, CESifo Working Paper Series (2014) View citations (2) (2014)
2015
- Influence, Interactions and Heterogeneity: Taking Personalities out of Monetary Policy Decision-making
Manchester School, 2015, 83, (2), 153-182 View citations (5)
2014
- A NOTE ON MONEY AND THE CONDUCT OF MONETARY POLICY
Macroeconomic Dynamics, 2014, 18, (8), 1854-1883 View citations (5)
See also Working Paper A Note on Money and the Conduct of Monetary Policy, Cambridge Working Papers in Economics (2013) View citations (1) (2013)
2013
- Aggregate fluctuations and the cross-sectional dynamics of firm growth
Journal of the Royal Statistical Society Series A, 2013, 176, (2), 459-479 View citations (17)
See also Working Paper Aggregate fluctuations and the cross-sectional dynamics of firm growth, Working Papers of Department of Economics, Leuven (2011) View citations (3) (2011)
- Understanding Interactions in Social Networks and Committees
Spatial Economic Analysis, 2013, 8, (1), 23-53 View citations (58)
See also Working Paper Understanding Interactions in Social Networks and Committees, Cambridge Working Papers in Economics (2010) View citations (5) (2010)
2012
- Factor Demand Linkages, Technology Shocks, and the Business Cycle
The Review of Economics and Statistics, 2012, 94, (4), 948-963 View citations (42)
See also Working Paper Factor Demand Linkages, Technology Shocks and the Business Cycle, Cambridge Working Papers in Economics (2010) View citations (2) (2010)
2011
- Multiplicative habit formation and consumption: A note
Economics Letters, 2011, 113, (2), 116-119 View citations (8)
- Structural interactions in spatial panels
Empirical Economics, 2011, 40, (1), 69-94 View citations (17)
See also Working Paper Structural Interactions in Spatial Panels, Cambridge Working Papers in Economics (2010) View citations (7) (2010)
- The spatial and temporal diffusion of house prices in the UK
Journal of Urban Economics, 2011, 69, (1), 2-23 View citations (136)
See also Working Paper Spatial and Temporal Diffusion of House Prices in the UK, IZA Discussion Papers (2010) View citations (12) (2010)
2010
- A spatio-temporal model of house prices in the USA
Journal of Econometrics, 2010, 158, (1), 160-173 View citations (248)
See also Working Paper A Spatio-Temporal Model of House Prices in the US, Cambridge Working Papers in Economics (2006) View citations (38) (2006)
- Macroeconomic models and the yield curve: An assessment of the fit
Journal of Economic Dynamics and Control, 2010, 34, (8), 1343-1358 View citations (2)
See also Working Paper Macroeconomic Models and the Yield Curve: An assessment of the Fit, Cambridge Working Papers in Economics (2006) (2006)
- RATIONAL PARTISAN THEORY, UNCERTAINTY, AND SPATIAL VOTING: EVIDENCE FOR THE BANK OF ENGLAND'S MPC
Economics and Politics, 2010, 22, (2), 151-179 View citations (20)
See also Working Paper Rational Partisan Theory, Uncertainty and Spatial Voting: Evidence for the Bank of England’s MPC, Cambridge Working Papers in Economics (2010) View citations (19) (2010)
2009
- Macroeconomic Instability and Business Exit: Determinants of Failures and Acquisitions of UK Firms
Economica, 2009, 76, (301), 108-131 View citations (63)
- Macroeconomic Instability and Corporate Failure: The Role of the Legal System
Review of Law & Economics, 2009, 5, (1), 1-32 View citations (9)
2007
- Long Run Macroeconomic Relations in the Global Economy
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2007, 1, 1-20 View citations (105)
See also Working Paper Long Run Macroeconomic Relations in the Global Economy, Economics Discussion Papers (2007) View citations (119) (2007)
2006
- The Linearisation and Optimal Control of Large Non-Linear Rational Expectations Models by Persistent Excitation
Computational Economics, 2006, 28, (2), 139-153
2003
- Asymmetric Adjustment and Bias in Estimation of an Equilibrium Relationship from a Cointegrating Regression
Computational Economics, 2003, 21, (3), 195-202 View citations (6)
- Nonlinear Phillips curves, mixing feedback rules and the distribution of inflation and output
Journal of Economic Dynamics and Control, 2003, 28, (3), 467-492 View citations (9)
See also Working Paper Nonlinear Phillips Curves, Mixing Feedback Rules and the Distribution of Inflation and Output, CEIS Research Paper (2003) View citations (8) (2003)
2002
- A statistical analysis of regime switching under asymmetric error correction
Applied Economics Letters, 2002, 9, (4), 275-278
- Nonlinearities and Inactivity in Aggregate Investment: Some Theoretical Analysis and Time-Series Evidence
Studies in Nonlinear Dynamics & Econometrics, 2002, 5, (4), 21 View citations (3)
- The cross-sectional dynamics of the US business cycle: 1950-1999
Journal of Economic Dynamics and Control, 2002, 26, (9-10), 1539-1555 View citations (39)
- Threshold specification for asymmetric error correction models
Applied Economics Letters, 2002, 9, (11), 711-713 View citations (3)
2001
- Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK
Scottish Journal of Political Economy, 2001, 48, (1), 69-81 View citations (3)
See also Working Paper Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK, Cambridge Working Papers in Economics (1997) View citations (3) (1997)
- Inventory investment and asymmetric adjustment: Some evidence for the UK
International Journal of Production Economics, 2001, 72, (3), 251-260
2000
- A currency crisis model with a misaligned central parity: a stochastic analysis
Economics Letters, 2000, 67, (1), 61-68 View citations (3)
- Statistical Properties of UK House Prices: An Analysis of Disaggregated Vintages
Urban Studies, 2000, 37, (11), 2045-2051 View citations (13)
- The Asymmetric Effects of Monetary Policy: Some Results from a Macroeconometric Model
Manchester School, 2000, 68, (4), 419-441 View citations (18)
- The Power of Tests for Non-Linearity: The Escribano–Pfann Model
Computational Economics, 2000, 15, (3), 223-226 View citations (2)
1999
- DHSY revisited: the role of asymmetries
Applied Economics, 1999, 31, (7), 775-778 View citations (17)
- The power of tests for non-linearity: the case of Granger-Lee asymmetry
Economics Letters, 1999, 62, (2), 155-159 View citations (26)
1998
- Uncertainty and Macroeconomic Modelling
National Institute Economic Review, 1998, 164, (1), 63-64
1997
- House prices since the 1940s: Cointegration, demography and asymmetries
Economic Modelling, 1997, 14, (4), 549-565 View citations (66)
- Relative Price Dispersion and the Rate of Inflation: The Evidence from Japan
Journal of Economic Integration, 1997, 12, 206-226 View citations (6)
1995
- Exchange Rate Uncertainty and Export Performance: Supply and Demand Effects
Scottish Journal of Political Economy, 1995, 42, (4), 381-91 View citations (26)
1994
- Editorial
Economic Modelling, 1994, 11, (1), 3-3
- Editors' introduction
Economic Modelling, 1994, 11, (2), 123-123 View citations (4)
1992
- The determinants of West German exports of manufactures: An integrated demand and supply approach
Review of World Economics (Weltwirtschaftliches Archiv), 1992, 128, (3), 498-512 View citations (11)
1991
- Trade prices and supply in the UK economy
Economic Modelling, 1991, 8, (4), 537-545
- UK Exports of Manufactures: The Role of Supply Side Factors
Scottish Journal of Political Economy, 1991, 38, (1), 1-18 View citations (7)
1990
- Effort, productivity and market valuation: The case of UK manufacturing
European Economic Review, 1990, 34, (2-3), 375-384 View citations (1)
1989
- Interrelated factor demands for manufacturing: A dynamic translog cost function approach
European Economic Review, 1989, 33, (1), 111-126 View citations (9)
- The London Business School econometric model: Some recent developments
Economic Modelling, 1989, 6, (3), 243-351 View citations (3)
1988
- Company acquisitions, investment and Tobin's Q: Evidence for the United Kingdom
Journal of Economics and Business, 1988, 40, (2), 103-115
1987
- A Two-Sector Analysis of the UK Labour Market
Oxford Bulletin of Economics and Statistics, 1987, 49, (1), 79-102 View citations (7)
- Non-cooperative dynamic games with rational observers
Journal of Economic Dynamics and Control, 1987, 11, (2), 159-161
1986
- Efficient solution techniques for dynamic non-linear rational expectations models
Journal of Economic Dynamics and Control, 1986, 10, (1-2), 139-145 View citations (18)
- Games, expectations, and optimal policy for open economies
Journal of Economic Dynamics and Control, 1986, 10, (1-2), 45-49
- Uncertainty and forecast precision
International Journal of Forecasting, 1986, 2, (1), 53-53 View citations (7)
1984
- The London Business School econometric model of the UK
Economic Modelling, 1984, 1, (4), 355-420 View citations (8)
1983
- On optimality and time consistency when expectations are rational
European Economic Review, 1983, 20, (1-3), 23-40 View citations (6)
1982
- The Empirical Relationship between the Money Stock and the Price Level in the UK: A Test of Causality
Bulletin of Economic Research, 1982, 34, (1), 17-42
Books
2010
- Optimal Control, Expectations and Uncertainty
Cambridge Books, Cambridge University Press
Also in Cambridge Books, Cambridge University Press (1989) View citations (26)
Edited books
2024
- Reflections on Monetary Policy after 25 Years of the MPC
Cambridge Books, Cambridge University Press
2015
- Interest Rates, Prices and Liquidity
Cambridge Books, Cambridge University Press View citations (1)
2011
- Interest Rates, Prices and Liquidity
Cambridge Books, Cambridge University Press View citations (50)
2000
- Econometric Modelling
Cambridge Books, Cambridge University Press View citations (12)
1994
- MONEY, INFLATION AND EMPLOYMENT
Books, Edward Elgar Publishing View citations (2)
1979
- Optimal Control for Econometric Models
Palgrave Macmillan Books, Palgrave Macmillan
Chapters
2022
- Spatial and Spatio-Temporal Error Correction, Networks and Common Correlated Effects
A chapter in Essays in Honor of M. Hashem Pesaran: Panel Modeling, Micro Applications, and Econometric Methodology, 2022, vol. 43B, pp 37-60 
See also Working Paper Spatial and Spatio-Temporal Error Correction Networks and Common Correlated Effects, National Institute of Economic and Social Research (2021) (2021)
1984
- Does Monetarism fit the UK Facts?
Palgrave Macmillan View citations (1)
- Short-term Models and Long-term Problems
Palgrave Macmillan
1983
- Optimal Stabilisation Policies in West Germany and the Netherlands
Palgrave Macmillan
1979
- A Control Theory Framework for Policy Analysis
Palgrave Macmillan
- Control Exercises with a Small Linear Model of the UK Economy
Palgrave Macmillan
- Control of the LBS Econometric Model via a Control Model
Palgrave Macmillan
- Iterative Respecification of the Quadratic Objective Function
Palgrave Macmillan
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