EconPapers    
Economics at your fingertips  
 

Details about Miguel Leon-Ledesma

E-mail:
Homepage:http://www.kent.ac.uk/economics/staff/profiles/miguel-leon-ledesma.html
Phone:00 44 1227 823026
Postal address:School of Economics, Keynes College, University of Kent, Canterbury, Kent, CT2 7NP UK
Workplace:School of Economics, University of Kent, (more information at EDIRC)
Centre for Economic Policy Research (CEPR), (more information at EDIRC)

Access statistics for papers by Miguel Leon-Ledesma.

Last updated 2019-10-15. Update your information in the RePEc Author Service.

Short-id: ple108


Jump to Journal Articles Chapters

Working Papers

2019

  1. The Missing Link: Monetary Policy and The Labor Share
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (2)
    Also in Discussion Papers, Centre for Macroeconomics (CFM) (2018) Downloads
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2018) Downloads
    Studies in Economics, School of Economics, University of Kent (2018) Downloads View citations (1)

2018

  1. The Rise of Services and Balanced Growth in Theory and Data
    2018 Meeting Papers, Society for Economic Dynamics Downloads
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2017) Downloads
    Discussion Papers, Centre for Macroeconomics (CFM) (2017) Downloads View citations (1)

2017

  1. Current account dynamics and the real exchange rate: Disentangling the evidence
    University of East Anglia School of Economics Working Paper Series, School of Economics, University of East Anglia, Norwich, UK. Downloads
    Also in Working Papers, Bank of Greece (2017) Downloads
  2. Industry Volatility and International Trade
    Studies in Economics, School of Economics, University of Kent Downloads
  3. Selecting Primal Innovations in DSGE models
    Working Paper Series, Federal Reserve Bank of Chicago Downloads View citations (1)

2016

  1. Appropriate Technology and Balanced Growth
    Studies in Economics, School of Economics, University of Kent Downloads View citations (3)
  2. Appropriate Technology and the Labour Share
    Studies in Economics, School of Economics, University of Kent Downloads View citations (3)
  3. Fundamental shock selection in DSGE models
    2016 Meeting Papers, Society for Economic Dynamics Downloads View citations (4)
    Also in Studies in Economics, School of Economics, University of Kent (2015) Downloads View citations (7)
  4. Potential Growth, Misallocation, and Institutional Obstacles: Firm-Level Evidence
    ADB Economics Working Paper Series, Asian Development Bank Downloads
  5. Production and Endogenous Bankruptcy under Collateral Constraints
    Studies in Economics, School of Economics, University of Kent Downloads
  6. The rise of the service economy and the real return on capital
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)

2015

  1. External constraints and endogenous growth: Why didn't some countries benefit from capital flows?
    Post-Print, HAL
    Also in Studies in Economics, School of Economics, University of Kent (2013) Downloads
    AMSE Working Papers, Aix-Marseille School of Economics, France (2013) Downloads
    Working Papers, HAL (2013) Downloads

    See also Journal Article in Journal of International Money and Finance (2015)
  2. German Wage Moderation and European Imbalances: Feeding the Global VAR with Theory
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
    Also in Discussion Papers, Deutsche Bundesbank (2015) Downloads View citations (2)

    See also Journal Article in Journal of Money, Credit and Banking (2019)

2013

  1. Shocking Stuff: Technology, Hours, and Factor Substitution
    School of Economics Discussion Papers, School of Economics, University of Surrey Downloads View citations (2)
    Also in EcoMod2010, EcoMod Downloads View citations (5)
    Working Paper Series, European Central Bank (2010) Downloads View citations (19)

    See also Journal Article in Journal of the European Economic Association (2014)
  2. World, Country, and Sector Factors in International Business Cycles
    University of East Anglia Applied and Financial Economics Working Paper Series, School of Economics, University of East Anglia, Norwich, UK. Downloads View citations (11)
    Also in Studies in Economics, School of Economics, University of Kent (2013) Downloads View citations (16)

    See also Journal Article in Journal of Economic Dynamics and Control (2013)

2012

  1. A Disaggregate Characterisation of Recessions
    Studies in Economics, School of Economics, University of Kent Downloads View citations (1)
  2. Explaining the Skill Premium: Technical Change or Capita-Skill Complements?
    EcoMod2012, EcoMod Downloads View citations (2)
  3. Interpreting the Hours-Technology time-varying relationship
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
    Also in Working papers, Banque de France (2011) Downloads View citations (4)
  4. Non-Balanced Growth and Production Technology Estimation
    Studies in Economics, School of Economics, University of Kent Downloads View citations (5)
  5. The dynamics of hours worked and technology
    Working Papers, Banco de España Downloads View citations (16)
    See also Journal Article in Journal of Economic Dynamics and Control (2017)

2011

  1. Aggregation, the skill premium, and the two-level production function
    Working Paper Series, European Central Bank Downloads View citations (2)
  2. The Choice of CES Production Techniques and Balanced Growth
    Studies in Economics, School of Economics, University of Kent Downloads View citations (12)

2010

  1. A Note on Balanced Growth with a less than unitary Elasticity of Substitution
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
  2. In dubio pro CES - Supply estimation with mis-specified technical change
    Working Paper Series, European Central Bank Downloads View citations (13)
  3. Is low inflation really causing the decline in exchange rate pass-through?
    Studies in Economics, School of Economics, University of Kent Downloads View citations (2)
  4. Net Foreign Assets, Productivity and Real Exchange Rates in Constrained Economies
    Studies in Economics, School of Economics, University of Kent Downloads
    Also in Discussion Papers, School of Economics, The University of New South Wales (2008) Downloads View citations (2)

    See also Journal Article in European Economic Review (2012)

2009

  1. Efficiency and frontier technology in the aftermath of recessions: international evidence
    Studies in Economics, School of Economics, University of Kent Downloads View citations (3)
  2. Identifying the elasticity of substitution with biased technical change
    Working Paper Series, European Central Bank Downloads View citations (53)
    See also Journal Article in American Economic Review (2010)
  3. International Output Convergence, Breaks, and Asymmetric Adjustment
    MPRA Paper, University Library of Munich, Germany Downloads View citations (4)
    See also Journal Article in Studies in Nonlinear Dynamics & Econometrics (2011)
  4. On causal Relationships Between Exchange Rates and Fundamentals: Better Than You Think
    Studies in Economics, School of Economics, University of Kent Downloads View citations (2)
  5. Smooth Breaks and Nonlinear Mean Reversion: Post-Bretton Woods Real Exchange Rates
    MPRA Paper, University Library of Munich, Germany Downloads View citations (2)
    See also Journal Article in Journal of International Money and Finance (2010)
  6. Sources of Current Account Fluctuations in Industrialized Countries
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
  7. The Effect of Oil Price on China's Exports
    Post-Print, HAL View citations (17)
    Also in Studies in Economics, School of Economics, University of Kent (2008) Downloads View citations (1)

    See also Journal Article in China Economic Review (2009)

2008

  1. Can Globalisation Stop the Decline in Commodities' Terms of Trade?
    Post-Print, HAL View citations (5)
    Also in Studies in Economics, School of Economics, University of Kent (2005) Downloads View citations (1)

    See also Journal Article in Cambridge Journal of Economics (2008)
  2. Exchange Rate Pass-Through Into Inflation: The Role of Asymmetries and NonLinearities
    Studies in Economics, School of Economics, University of Kent Downloads View citations (17)
  3. Testing for Granger (non)-Causality in a Time Varying Coefficient VAR Model
    Studies in Economics, School of Economics, University of Kent Downloads View citations (5)
    See also Journal Article in Journal of Forecasting (2008)

2007

  1. How is real convergence driving nominal convergence in the new EU Member States?
    Working Paper Series, European Central Bank Downloads View citations (7)
    See also Journal Article in Journal of International Money and Finance (2008)
  2. Non-linearities and Unit Roots in G7 Macroeconomic Variables
    Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics Downloads View citations (4)
    See also Journal Article in The B.E. Journal of Macroeconomics (2008)

2006

  1. Remittances, Institutions and Economic Growth
    IZA Discussion Papers, Institute of Labor Economics (IZA) Downloads View citations (72)
    See also Journal Article in World Development (2009)

2005

  1. Interest rates and output in the long-run
    Working Paper Series, European Central Bank Downloads View citations (4)
    Also in Studies in Economics, School of Economics, University of Kent (2004) Downloads View citations (1)
    Money Macro and Finance (MMF) Research Group Conference 2004, Money Macro and Finance Research Group (2004) Downloads View citations (2)
    EcoMod2004, EcoMod Downloads

2004

  1. Current Account Sustainability in the US: What Do We Really Know About It?
    Studies in Economics, School of Economics, University of Kent Downloads View citations (5)
    See also Journal Article in Journal of International Money and Finance (2010)
  2. Does the World Real Interest Rate Affect the Real Exchange Rate? The South East Asian Experience
    Studies in Economics, School of Economics, University of Kent Downloads View citations (1)
    See also Journal Article in The Journal of International Trade & Economic Development (2006)

2003

  1. Cultural Heritage and Growth
    Studies in Economics, School of Economics, University of Kent Downloads
  2. Does the Real Interest Parity Hypothesis Hold? Evidence for Developed and Emerging Markets
    Studies in Economics, School of Economics, University of Kent Downloads View citations (19)
    Also in EcoMod2003, EcoMod Downloads View citations (9)

    See also Journal Article in Journal of International Money and Finance (2007)
  3. Unemployment, Hysterisis and Transition
    Royal Economic Society Annual Conference 2003, Royal Economic Society Downloads View citations (2)
    Also in Working Paper Series, European Central Bank (2003) Downloads View citations (16)

    See also Journal Article in Scottish Journal of Political Economy (2004)

2002

  1. Exports, Product Differentiation and Knowledge Spillovers
    Studies in Economics, School of Economics, University of Kent Downloads View citations (3)
    See also Journal Article in Open Economies Review (2005)
  2. Habit Formation, Work Ethics, and Technological Progress
    Studies in Economics, School of Economics, University of Kent Downloads View citations (1)
    See also Journal Article in Manchester School (2004)

2001

  1. International Migration and the Role of Remittances in Eastern Europe
    Studies in Economics, School of Economics, University of Kent Downloads View citations (64)

2000

  1. Cumulative Growth and the Catching-up Debate from a Dis-equilibrium Standpoint
    Studies in Economics, School of Economics, University of Kent Downloads View citations (2)
  2. R&D Spillovers and Export Performance: Evidence from the OECD Countries
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
  3. Testing the Balassa-Samuelson Effect: Implications for Growth and PPP
    Studies in Economics, School of Economics, University of Kent Downloads View citations (6)
    See also Journal Article in Journal of Macroeconomics (2003)
  4. The Intertemporal Substitution Model of Labor Supply in an Open Economy
    Studies in Economics, School of Economics, University of Kent Downloads View citations (4)
  5. Unemployment Hysteresis in the US and the EU: a Panel Data Approach
    Studies in Economics, School of Economics, University of Kent Downloads View citations (9)

1999

  1. Accumulation, Innovation and Catching-Up: An Extended Cumulative Growth Model
    Studies in Economics, School of Economics, University of Kent Downloads View citations (1)
    See also Journal Article in Cambridge Journal of Economics (2002)

1998

  1. Economic Growth and Verdoorn's Law in the Spanish Regions, 1962-1991
    Studies in Economics, School of Economics, University of Kent Downloads View citations (8)
  2. The Endogeneity of the Natural Rate of Growth
    Studies in Economics, School of Economics, University of Kent Downloads View citations (18)
    See also Journal Article in Cambridge Journal of Economics (2002)

1997

  1. An Application of Thirlwall's Law to the Spanish Economy
    Studies in Economics, School of Economics, University of Kent View citations (2)
    See also Journal Article in Journal of Post Keynesian Economics (1999)

Undated

  1. In Dubio, pro CES: technical progress specification and the elasticity of substitution
    EcoMod2010, EcoMod Downloads

Journal Articles

2019

  1. German Wage Moderation and European Imbalances: Feeding the Global VAR with Theory
    Journal of Money, Credit and Banking, 2019, 51, (2-3), 617-653 Downloads
    See also Working Paper (2015)
  2. Selecting structural innovations in DSGE models
    Journal of Applied Econometrics, 2019, 34, (2), 205-220 Downloads

2018

  1. Variable markups and capital-labor substitution
    Economics Letters, 2018, 171, (C), 34-36 Downloads

2017

  1. The dynamics of hours worked and technology
    Journal of Economic Dynamics and Control, 2017, 82, (C), 67-82 Downloads View citations (6)
    See also Working Paper (2012)

2016

  1. Misallocation, Access to Finance, and Public Credit: Firm-Level Evidence
    Asian Development Review, 2016, 33, (2), 119-143 Downloads View citations (3)
  2. Reallocation effects of recessions and financial crises: an industry-level analysis
    The B.E. Journal of Macroeconomics, 2016, 16, (2), 485-522 Downloads
  3. Special Issue on Potential Growth and Misallocation in Asia
    Asian Development Review, 2016, 33, (2), iii-vi Downloads

2015

  1. External constraints and endogenous growth: Why didn't some countries benefit from capital flows?
    Journal of International Money and Finance, 2015, 56, (C), 223-249 Downloads View citations (1)
    See also Working Paper (2015)
  2. Production Technology Estimates and Balanced Growth
    Oxford Bulletin of Economics and Statistics, 2015, 77, (1), 40-65 Downloads View citations (31)

2014

  1. EFFICIENCY AND PRODUCTION FRONTIERS IN THE AFTERMATH OF RECESSIONS: INTERNATIONAL EVIDENCE
    Macroeconomic Dynamics, 2014, 18, (06), 1326-1350 Downloads View citations (4)
  2. SHOCKING STUFF: TECHNOLOGY, HOURS, AND FACTOR SUBSTITUTION
    Journal of the European Economic Association, 2014, 12, (1), 108-128 Downloads View citations (23)
    See also Working Paper (2013)

2013

  1. World, country, and sector factors in international business cycles
    Journal of Economic Dynamics and Control, 2013, 37, (12), 2913-2927 Downloads View citations (11)
    See also Working Paper (2013)

2012

  1. Net foreign assets, productivity and real exchange rates in constrained economies
    European Economic Review, 2012, 56, (3), 295-316 Downloads View citations (12)
    See also Working Paper (2010)

2011

  1. Does exchange rate pass-through respond to measures of macroeconomic instability?
    Journal of Applied Economics, 2011, 14, 167-180 Downloads View citations (28)
  2. International Output Convergence, Breaks, and Asymmetric Adjustment
    Studies in Nonlinear Dynamics & Econometrics, 2011, 15, (3), 1-33 Downloads View citations (6)
    See also Working Paper (2009)

2010

  1. Current account sustainability in the US: What did we really know about it?
    Journal of International Money and Finance, 2010, 29, (3), 442-459 Downloads View citations (42)
    See also Working Paper (2004)
  2. Identifying the Elasticity of Substitution with Biased Technical Change
    American Economic Review, 2010, 100, (4), 1330-57 Downloads View citations (147)
    See also Working Paper (2009)
  3. REVISITING THE REAL WAGES-UNEMPLOYMENT RELATIONSHIP. NEW RESULTS FROM NON-LINEAR MODELS
    Bulletin of Economic Research, 2010, 62, (1), 79-96 Downloads View citations (9)
  4. Smooth breaks and non-linear mean reversion: Post-Bretton Woods real exchange rates
    Journal of International Money and Finance, 2010, 29, (6), 1076-1093 Downloads View citations (31)
    See also Working Paper (2009)

2009

  1. Fear of Floating in Brazil: Did Inflation Targeting matter?
    The North American Journal of Economics and Finance, 2009, 20, (3), 255-266 Downloads View citations (13)
  2. Remittances, Institutions, and Economic Growth
    World Development, 2009, 37, (1), 81-92 Downloads View citations (68)
    See also Working Paper (2006)
  3. The effect of oil price on China's exports
    China Economic Review, 2009, 20, (4), 793-805 Downloads View citations (28)
    See also Working Paper (2009)

2008

  1. Can globalisation stop the decline in commodities' terms of trade?
    Cambridge Journal of Economics, 2008, 32, (5), 683-701 Downloads View citations (10)
    See also Working Paper (2008)
  2. How is real convergence driving nominal convergence in the new EU Member States?
    Journal of International Money and Finance, 2008, 27, (2), 227-248 Downloads View citations (12)
    See also Working Paper (2007)
  3. Non-Linearities and Unit Roots in G7 Macroeconomic Variables
    The B.E. Journal of Macroeconomics, 2008, 8, (1), 1-44 Downloads View citations (8)
    See also Working Paper (2007)
  4. Testing for Granger (non-)causality in a time-varying coefficient VAR model
    Journal of Forecasting, 2008, 27, (4), 293-303 Downloads View citations (6)
    See also Working Paper (2008)
  5. Time-series output convergence tests and stationary covariates
    Economics Letters, 2008, 101, (3), 297-299 Downloads View citations (6)

2007

  1. A Long-Run Non-Linear Approach to the Fisher Effect
    Journal of Money, Credit and Banking, 2007, 39, (2-3), 543-559 Downloads View citations (42)
  2. Does the real interest parity hypothesis hold? Evidence for developed and emerging markets
    Journal of International Money and Finance, 2007, 26, (3), 364-382 Downloads View citations (52)
    See also Working Paper (2003)
  3. Unemployment hysteresis in EU countries: what do we really know about it?
    Journal of Economic Studies, 2007, 34, (2), 80-89 Downloads View citations (22)

2006

  1. Does the world real interest rate affect the real exchange rate? The South East Asian experience
    The Journal of International Trade & Economic Development, 2006, 15, (4), 441-467 Downloads View citations (3)
    See also Working Paper (2004)
  2. Population and income: Is there a puzzle?
    Journal of Development Studies, 2006, 42, (6), 909-917 Downloads View citations (3)

2005

  1. Exports, Product Differentiation and Knowledge Spillovers
    Open Economies Review, 2005, 16, (4), 363-379 Downloads View citations (16)
    See also Working Paper (2002)
  2. Real exchange rate and employment performance in an open economy
    Research in Economics, 2005, 59, (1), 67-80 Downloads View citations (7)

2004

  1. Habit formation, work ethics and technological progress
    Manchester School, 2004, 72, (3), 403-413 Downloads View citations (9)
    See also Working Paper (2002)
  2. UNEMPLOYMENT, HYSTERESIS AND TRANSITION
    Scottish Journal of Political Economy, 2004, 51, (3), 377-401 Downloads View citations (59)
    See also Working Paper (2003)

2003

  1. Testing the Balassa-Samuelson effect: Implications for growth and the PPP
    Journal of Macroeconomics, 2003, 25, (2), 241-253 Downloads View citations (33)
    See also Working Paper (2000)

2002

  1. Accumulation, innovation and catching-up: an extended cumulative growth model
    Cambridge Journal of Economics, 2002, 26, (2), 201-216 View citations (20)
    See also Working Paper (1999)
  2. Is the natural rate of growth exogenous? A reply
    Banca Nazionale del Lavoro Quarterly Review, 2002, 55, (221), 229-232 Downloads
    Also in BNL Quarterly Review, 2002, 55, (221), 229-232 (2002) Downloads
  3. The endogeneity of the natural rate of growth
    Cambridge Journal of Economics, 2002, 26, (4), 441-459 View citations (64)
    See also Working Paper (1998)
  4. Unemployment Hysteresis in the US States and the EU: A Panel Approach
    Bulletin of Economic Research, 2002, 54, (2), 95-103 View citations (43)

2000

  1. Economic Growth and Verdoorn's Law in the Spanish Regions, 1962-91
    International Review of Applied Economics, 2000, 14, (1), 55-69 Downloads View citations (10)
  2. Il tasso naturale di crescita e davvero esogeno?
    Moneta e Credito, 2000, 53, (211), 263-277 Downloads
  3. Is the natural rate of growth exogenous?
    BNL Quarterly Review, 2000, 53, (215), 433-445 Downloads View citations (9)
    Also in Banca Nazionale del Lavoro Quarterly Review, 2000, 53, (215), 433-445 (2000) Downloads View citations (17)

    See also Chapter (2007)

1999

  1. An Application of Thirlwall’s Law to the Spanish Economy
    Journal of Post Keynesian Economics, 1999, 21, (3), 431-439 Downloads View citations (4)
    See also Working Paper (1997)
  2. Verdoorn's Law and increasing returns: an empirical analysis of the Spanish regions
    Applied Economics Letters, 1999, 6, (6), 373-376 Downloads View citations (4)

Chapters

2010

  1. The Endogenous Nature of the ‘Natural’ Rate of Growth
    Chapter 10 in Handbook of Alternative Theories of Economic Growth, 2010 Downloads View citations (9)

2007

  1. Is the Natural Rate of Growth Exogenous?
    Chapter 4 in Economic Growth, 2007 Downloads View citations (2)
    See also Journal Article in BNL Quarterly Review (2000)

2006

  1. Cycles, Aggregate Demand, and Growth
    Chapter 5 in Growth and Economic Development, 2006 Downloads
 
Page updated 2019-10-16