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Details about Jim Malley

E-mail:
Homepage:http://www.gla.ac.uk/schools/business/staff/jamesmalley/
Phone:+44 (0)141 330 4692
Postal address:Adam Smith Business School (Economics), University of Glasgow, Gilbert Scott Building, Room 207d, Glasgow G12 8QQ
Workplace:Department of Economics, Adam Smith Business School, University of Glasgow, (more information at EDIRC)

Access statistics for papers by Jim Malley.

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

Short-id: pma160


Jump to Journal Articles

Working Papers

2019

  1. Cyclical income risk in Great Britain
    Working Papers, Business School - Economics, University of Glasgow Downloads
    Also in CESifo Working Paper Series, CESifo (2019) Downloads
  2. Estimated Human Capital Externalities in an Endogenous Growth Framework
    Working Papers, Business School - Economics, University of Glasgow Downloads
    Also in CESifo Working Paper Series, CESifo (2019) Downloads
  3. Savings externalities and wealth inequality
    CESifo Working Paper Series, CESifo Downloads View citations (1)
    Also in Working Papers, Business School - Economics, University of Glasgow (2019) Downloads
  4. The Distributional Effects of Peer and Aspirational Pressure
    CESifo Working Paper Series, CESifo Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2019) Downloads

2017

  1. Asymmetries in Earnings, Employment and Wage Risk in Great Britain
    2017 Meeting Papers, Society for Economic Dynamics Downloads View citations (1)
    Also in Working Papers, Business School - Economics, University of Glasgow (2017) Downloads View citations (4)
    CESifo Working Paper Series, CESifo (2017) Downloads View citations (2)
  2. Can Subsidising Job-Related Training Reduce Inequality?
    CESifo Working Paper Series, CESifo Downloads View citations (1)
  3. Targeted fiscal policy to increase employment and wages of unskilled workers
    Studies in Economics, School of Economics, University of Kent Downloads View citations (3)
  4. Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity
    CESifo Working Paper Series, CESifo Downloads View citations (2)

2015

  1. Fiscal Multipliers in a Two-Sector Search and Matching Model
    CESifo Working Paper Series, CESifo Downloads View citations (2)
    Also in Studies in Economics, School of Economics, University of Kent (2015) Downloads View citations (2)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2015) Downloads View citations (2)
    Working Papers, Business School - Economics, University of Glasgow (2015) Downloads View citations (2)

2014

  1. Optimal progressive taxation in a model with endogenous skill supply
    Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) Downloads
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2014) Downloads
    Working Papers, Business School - Economics, University of Glasgow (2014) Downloads
  2. Tax Smoothing in a Business Cycle Model with Capital-Skill Complementarity
    CESifo Working Paper Series, CESifo Downloads View citations (4)
    Also in Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) (2014) Downloads View citations (5)
    Working Papers, Business School - Economics, University of Glasgow (2014) Downloads View citations (5)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2014) Downloads View citations (4)

    See also Journal Article in Journal of Economic Dynamics and Control (2015)
  3. The optimal distribution of the tax burden over the business cycle
    Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2013) Downloads View citations (3)
    CESifo Working Paper Series, CESifo (2013) Downloads View citations (3)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013) Downloads View citations (7)

    See also Journal Article in Macroeconomic Dynamics (2019)

2013

  1. Human Capital, Social Mobility and the Skill Premium
    CESifo Working Paper Series, CESifo Downloads View citations (7)
    Also in Working Papers, Business School - Economics, University of Glasgow (2013) Downloads View citations (3)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013) Downloads View citations (3)

2012

  1. Optimal Taxation and the Skill Premium
    CESifo Working Paper Series, CESifo Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2012) Downloads
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2012) Downloads
  2. The distributional consequences of supply-side reforms in general equilibrium
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (2)
    Also in CESifo Working Paper Series, CESifo (2011) Downloads View citations (4)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2010) Downloads

2011

  1. Productivity Shocks and Aggregate Fluctuations in an Estimated Endogenous Growth Model with Human Capital
    CESifo Working Paper Series, CESifo Downloads View citations (1)
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2011) Downloads View citations (1)
    Working Papers, Business School - Economics, University of Glasgow (2011) Downloads View citations (1)
  2. The Distributional Consequences of Tax Reforms under Market Distortions
    CESifo Working Paper Series, CESifo Downloads View citations (5)
    Also in Working Papers, Business School - Economics, University of Glasgow (2011) Downloads View citations (1)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2011) Downloads
  3. Time-consistent Fiscal Policy under Heterogeneity: Conflicting or Common Interests?
    CESifo Working Paper Series, CESifo Downloads View citations (10)
    Also in Working Papers, Bank of Greece (2011) Downloads View citations (1)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2011) Downloads
    Working Papers, Business School - Economics, University of Glasgow (2011) Downloads View citations (2)

2010

  1. Fear of Model Misspecification and the Robustness Premium
    CESifo Working Paper Series, CESifo Downloads
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2010) Downloads
    Working Papers, Business School - Economics, University of Glasgow (2010) Downloads View citations (1)

2009

  1. Productivity Shocks and Aggregate Cycles in an Estimated Endogenous Growth Model
    CESifo Working Paper Series, CESifo Downloads View citations (4)
    Also in Working Papers, Business School - Economics, University of Glasgow (2009) Downloads View citations (4)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2009) Downloads View citations (4)
  2. Technology Shocks and Aggregate Fluctuations in an Estimated Hybrid RBC Model
    CESifo Working Paper Series, CESifo Downloads View citations (6)
    Also in Working Papers, Business School - Economics, University of Glasgow (2009) Downloads
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2009) Downloads View citations (4)

    See also Journal Article in Journal of Economic Dynamics and Control (2010)

2008

  1. Tax Structure, Growth and Welfare in the UK
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (9)
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2008) Downloads View citations (5)

    See also Journal Article in Oxford Economic Papers (2012)
  2. Welfare Implications of Public Education Spending Rules
    CESifo Working Paper Series, CESifo Downloads
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2008) Downloads
    Working Papers, Business School - Economics, University of Glasgow (2008) Downloads

2007

  1. Public Education Expenditure, Growth and Welfare
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (2)
    Also in CESifo Working Paper Series, CESifo (2007) Downloads View citations (3)
  2. The Contribution of Sectoral Productivity Differentials to Inflation in Greece
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (12)
    Also in Working Papers, Bank of Greece (2007) Downloads

    See also Journal Article in Open Economies Review (2008)
  3. To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich Downloads View citations (2)
    Also in Working Papers, Business School - Economics, University of Glasgow (2007) Downloads View citations (3)
    CESifo Working Paper Series, CESifo (2007) Downloads

2006

  1. The Relationship between Output and Unemployment with Efficiency Wages
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis Downloads
    See also Journal Article in German Economic Review (2007)

2005

  1. Electoral Uncertainty, Fiscal Policy and Macroeconomic Fluctuations
    CESifo Working Paper Series, CESifo Downloads View citations (25)
    See also Journal Article in Journal of Economic Dynamics and Control (2007)

2004

  1. Do excessive wage increases raise imports? Theory and evidence
    Macroeconomics, University Library of Munich, Germany Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow Downloads
    CESifo Working Paper Series, CESifo (2001) Downloads

    See also Journal Article in Japan and the World Economy (2006)
  2. Electoral Uncertainty, Fiscal Policies & Growth: Theory And Evidence From Germany, The UK And The US
    Royal Economic Society Annual Conference 2004, Royal Economic Society Downloads View citations (1)
    Also in CESifo Working Paper Series, CESifo (2003) Downloads

2003

  1. A Sectoral Analysis of Price-Setting Behavior in US Manufacturing Industries
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (9)
    Also in CESifo Working Paper Series, CESifo (2003) Downloads View citations (10)

    See also Journal Article in The Review of Economics and Statistics (2007)
  2. Electoral Uncertainty, Fiscal Policies and Growth: Theory and Evidence from Germany, the UK and the US
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (9)
  3. Estimated Open Economy New Keynesian Phillips Curves for the G7
    CESifo Working Paper Series, CESifo Downloads View citations (11)
    Also in Working Papers, Business School - Economics, University of Glasgow (2002) Downloads View citations (16)

    See also Journal Article in Open Economies Review (2007)
  4. Manufacturing Earnings and Cycles: New Evidence
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (1)
  5. The Life-Cycle-Permanent- Income Hypothesis: A Reinterpretation and Supporting Evidence
    Dundee Discussion Papers in Economics, Economic Studies, University of Dundee Downloads

2002

  1. Efficiency Wages, Unemployment and Macroeconomic Policy
    Dundee Discussion Papers in Economics, Economic Studies, University of Dundee Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2002) Downloads
  2. Estimated General Equilibrium Models for the Evaluation of Monetary Policy in the US and Europe
    CESifo Working Paper Series, CESifo Downloads View citations (48)
    Also in Working Papers, Business School - Economics, University of Glasgow (2002) Downloads View citations (32)

    See also Journal Article in European Economic Review (2005)
  3. The Life-Cycle-Permanent-Income Model: A Reinterpretation and Supporting Evidence
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (2)

2001

  1. Monopolistic Competition, Efficiency Wages and Perverse Effects of Demand Shock
    CESifo Working Paper Series, CESifo Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2001) Downloads View citations (1)
    Dundee Discussion Papers in Economics, Economic Studies, University of Dundee (2001) Downloads
  2. Real Wages and the Cycle: The View from the Frequency Domain
    IZA Discussion Papers, Institute of Labor Economics (IZA) Downloads
    Also in Working Papers, Business School - Economics, University of Glasgow (2001) Downloads

2000

  1. Capital Accumulation and Unemployment: A Tale of Two "Continents"
    CESifo Working Paper Series, CESifo Downloads View citations (24)
    Also in Working Papers, Business School - Economics, University of Glasgow Downloads

    See also Journal Article in Scandinavian Journal of Economics (2001)
  2. Economic Growth and Endogenous Fiscal Policy: In Search of a Data Consistent General Equilibrium Model
    CESifo Working Paper Series, CESifo Downloads View citations (1)
    Also in Working Papers, Business School - Economics, University of Glasgow (1998) Downloads View citations (1)
  3. Fiscal Policy And The Composition Of Private Consumption: Some Evidence From The U.S. And Canada
    Dundee Discussion Papers in Economics, Economic Studies, University of Dundee Downloads
    Also in EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics
    Working Papers, Business School - Economics, University of Glasgow (1998) Downloads

    See also Journal Article in International Economic Journal (2002)
  4. NEW INTERNATIONAL COMPARISONS OF PRODUCTIVITY PERFORMANCE: A SECTORAL ANALYSIS AND A COMPARISON OF UK PERFORMANCE
    Working Papers, Business School - Economics, University of Glasgow Downloads
  5. Real Business Cycles of Sticky Prices? The Impact of Technology Shocks on US Manufacturing
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (1)
    Also in Working Papers, Business School - Economics, University of Glasgow (1999) Downloads View citations (2)
  6. Vertical Product Differentiation and the Import Demand Function: Theory and Evidence
    CESifo Working Paper Series, CESifo Downloads
    See also Journal Article in Canadian Journal of Economics/Revue canadienne d'économique (2002)

1999

  1. A note on testing for tax-smoothing in general equilibrium
    Working Papers, Business School - Economics, University of Glasgow Downloads
  2. On the Cyclicality and Stability of Real Earnings
    Working Papers, Business School - Economics, University of Glasgow Downloads
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (1999) Downloads View citations (5)
  3. TESTING FOR TAX SMOOTHING IN A GENERAL EQUILIBRIUM MODEL OF GROWTH
    Working Papers, Business School - Economics, University of Glasgow View citations (4)
    See also Journal Article in European Journal of Political Economy (2002)
  4. The Permanent Income Hypothesis Revisited
    Dundee Discussion Papers in Economics, Economic Studies, University of Dundee Downloads

1998

  1. Government Employment and Unemployment: With One Hand Giveth, The Other Taketh
    Working Papers, Business School - Economics, University of Glasgow Downloads
    Also in ICMM Discussion Papers, Department of Economics University of Strathclyde View citations (12)
  2. Real Wages and the Structure of Imports: Theory and Evidence
    Working Papers, Business School - Economics, University of Glasgow
  3. The Interaction Between Business Cycles and Productivity Growth: Evidence from US Industrial Data
    Working Papers, Business School - Economics, University of Glasgow View citations (7)

1997

  1. The Permanent Income Hypothesis Revisited. Reconciling Evidence from Aggregate Data with the Representative Consumer Behaviour
    Working Papers, Business School - Economics, University of Glasgow Downloads
    Also in ICMM Discussion Papers, Department of Economics University of Strathclyde

1996

  1. Labor Productivity and the Cycle
    Working Papers, Business School - Economics, University of Glasgow Downloads View citations (1)

1995

  1. Marginal Cost and Price Over the Business Cycle: Comparative Evidence from Japan and the United States
    Working Papers Series, University of Stirling, Division of Economics View citations (1)
    See also Journal Article in European Journal of Political Economy (2000)
  2. Nonparametric Regression Techniques: An Application to Causality Testing
    Working Papers Series, University of Stirling, Division of Economics View citations (1)

1994

  1. Fiscal Policy and Consumption: New Evidence from the United States
    CESifo Working Paper Series, CESifo Downloads
    Also in Working Papers Series, University of Stirling, Division of Economics (1994) View citations (1)

1993

  1. Excess Labour and the Business Cycle: A Comparativer Study of Japan, Germany, the United Kingdom and the United States
    Working Papers Series, University of Stirling, Division of Economics View citations (4)
  2. Unemployment and Consumption: The Case of Motor Vehicles
    CESifo Working Paper Series, CESifo Downloads
    Also in Working Papers Series, University of Stirling, Division of Economics (1993)

1992

  1. Distinguishing Between Keynesian and Classical Unemployment: Evidence from France, Germany and the U.S
    Working Papers Series, University of Stirling, Division of Economics
  2. Does Government Employment "Crowd-Out" Private Employment?: Evidence from Sweden
    Working Papers Series, University of Stirling, Division of Economics View citations (19)
  3. Pricing to Market, Exchange Rates & Macroeconomic Policies
    Working Papers Series, University of Stirling, Division of Economics

1991

  1. The Specification, Estimation and Simulation of a Small Global Macroeconomic Model
    Working Papers Series, University of Stirling, Division of Economics
    Also in Staff Reports, United States Department of Agriculture, Economic Research Service (1990) Downloads View citations (1)

    See also Journal Article in Economic Modelling (1991)

1988

  1. A SIMPLE FORECASTING MODEL LINKING MACROECONOMIC POLICY TO INDUSTRIAL EMPLOYMENT DEMAND
    Staff Reports, United States Department of Agriculture, Economic Research Service Downloads View citations (1)

Undated

  1. Business Cycles and Productivity Growth: Are Temporary Downturns Productive or Wasteful?
    Working Papers, Business School - Economics, University of Glasgow View citations (5)
    See also Journal Article in Research in Economics (1999)

Journal Articles

2019

  1. THE OPTIMAL DISTRIBUTION OF THE TAX BURDEN OVER THE BUSINESS CYCLE
    Macroeconomic Dynamics, 2019, 23, (6), 2298-2337 Downloads
    See also Working Paper (2014)

2017

  1. Human Capital Accumulation and Transition to Skilled Employment
    Journal of Human Capital, 2017, 11, (1), 72 - 105 Downloads View citations (4)

2015

  1. Tax smoothing in a business cycle model with capital-skill complementarity
    Journal of Economic Dynamics and Control, 2015, 51, (C), 420-444 Downloads View citations (3)
    See also Working Paper (2014)

2014

  1. The Distributional Consequences of Tax Reforms Under Capital–Skill Complementarity
    Economica, 2014, 81, (324), 747-767 Downloads View citations (9)

2013

  1. Tax reforms under market distortions in product and labour markets
    European Economic Review, 2013, 61, (C), 28-42 Downloads View citations (10)

2012

  1. Tax structure, growth, and welfare in the UK
    Oxford Economic Papers, 2012, 64, (2), 237-258 Downloads View citations (10)
    See also Working Paper (2008)

2011

  1. The welfare implications of resource allocation policies under uncertainty: The case of public education spending
    Journal of Macroeconomics, 2011, 33, (2), 176-192 Downloads

2010

  1. Technology shocks and aggregate fluctuations in an estimated hybrid RBC model
    Journal of Economic Dynamics and Control, 2010, 34, (7), 1214-1232 Downloads View citations (3)
    See also Working Paper (2009)

2009

  1. Real earnings and business cycles: new evidence
    Empirical Economics, 2009, 37, (1), 51-71 Downloads View citations (5)
  2. To react or not? Technology shocks, fiscal policy and welfare in the EU-3
    European Economic Review, 2009, 53, (6), 689-714 Downloads View citations (21)

2008

  1. Macroeconomic Effects of Public Education Expenditure
    CESifo Economic Studies, 2008, 54, (3), 471-498 Downloads View citations (5)
  2. Output, unemployment and Okun's law: Some evidence from the G7
    Economics Letters, 2008, 101, (2), 113-115 Downloads View citations (16)
  3. The Contribution of Sectoral Productivity Differentials to Inflation in Greece
    Open Economies Review, 2008, 19, (5), 629-650 Downloads View citations (9)
    See also Working Paper (2007)

2007

  1. A Sectoral Analysis of Price-Setting Behavior in U.S. Manufacturing Industries
    The Review of Economics and Statistics, 2007, 89, (2), 335-342 Downloads View citations (22)
    See also Working Paper (2003)
  2. Electoral uncertainty, fiscal policy and macroeconomic fluctuations
    Journal of Economic Dynamics and Control, 2007, 31, (3), 1051-1080 Downloads View citations (22)
    See also Working Paper (2005)
  3. Estimated Open Economy New Keynesian Phillips Curves for the G7
    Open Economies Review, 2007, 18, (4), 405-426 Downloads View citations (40)
    See also Working Paper (2003)
  4. The Relationship between Output and Unemployment with Efficiency Wages
    German Economic Review, 2007, 8, 561-577 Downloads View citations (1)
    Also in German Economic Review, 2007, 8, (4), 561-577 (2007) Downloads

    See also Working Paper (2006)

2006

  1. Do excessive wage increases raise imports?: Theory and evidence
    Japan and the World Economy, 2006, 18, (2), 194-220 Downloads View citations (2)
    See also Working Paper (2004)
  2. Further Evidence from Aggregate Data on the Life-Cycle-Permanent-Income Model
    Empirical Economics, 2006, 31, (4), 1025-1041 Downloads View citations (4)

2005

  1. Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe
    European Economic Review, 2005, 49, (8), 2137-2159 Downloads View citations (43)
    See also Working Paper (2002)
  2. Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing
    European Economic Review, 2005, 49, (3), 745-760 Downloads View citations (7)

2003

  1. Some new international comparisons of productivity performance at the sectoral level
    Journal of the Royal Statistical Society Series A, 2003, 166, (1), 85-104 Downloads View citations (6)

2002

  1. Fiscal Policy And The Composition Of Private Consumption: Some Evidence From The U.A. And Canada
    International Economic Journal, 2002, 16, (1), 139-158 Downloads
    See also Working Paper (2000)
  2. Testing for tax smoothing in a general equilibrium model of growth
    European Journal of Political Economy, 2002, 18, (2), 301-315 Downloads View citations (7)
    See also Working Paper (1999)
  3. Vertical product differentiation and the import demand function: theory and evidence
    Canadian Journal of Economics/Revue canadienne d'économique, 2002, 35, (2), 257-281 Downloads
    Also in Canadian Journal of Economics, 2002, 35, (2), 257-281 (2002) Downloads View citations (7)

    See also Working Paper (2000)

2001

  1. Capital Accumulation and Unemployment: A Tale of Two “Continents”
    Scandinavian Journal of Economics, 2001, 103, (1), 79-99 Downloads View citations (25)
    See also Working Paper (2000)

2000

  1. Marginal cost and price over the business cycle: comparative evidence from Japan and the United States
    European Journal of Political Economy, 2000, 16, (3), 547-569 Downloads
    See also Working Paper (1995)

1999

  1. Business cycles and productivity growth: Are temporary downturns productive or wasteful?
    Research in Economics, 1999, 53, (4), 337-364 Downloads View citations (11)
    See also Working Paper

1998

  1. Nonparametric Regression and Causality Testing: A Monte-Carlo Study
    Scottish Journal of Political Economy, 1998, 45, (5), 528-52 Downloads View citations (1)

1997

  1. Productivity shocks and employment: evidence from US industrial data
    Economics Letters, 1997, 57, (1), 97-105 Downloads View citations (1)

1996

  1. A non-parametric approach to non-linear causality testing
    Economics Letters, 1996, 51, (1), 7-18 Downloads View citations (17)
  2. Fiscal Policy and Aggregate Consumption: New Evidence from the United States
    Scottish Journal of Political Economy, 1996, 43, (2), 129-45 View citations (7)
  3. Unemployment and Consumption
    Oxford Economic Papers, 1996, 48, (4), 584-600 Downloads View citations (20)
  4. What shapes are overtime premium schedules? Some evidence from Japan, the UK, and the US
    Economics Letters, 1996, 53, (1), 97-102 Downloads View citations (3)

1994

  1. A prototype macroeconomic model of foreign direct investment
    Journal of Development Economics, 1994, 43, (2), 295-315 Downloads View citations (1)

1991

  1. The specification, estimation and simulation of a small global macroeconomic model
    Economic Modelling, 1991, 8, (4), 546-559 Downloads
    See also Working Paper (1991)

1990

  1. Dynamic Specification in Econometric Estimation
    Journal of Agricultural Economics Research, 1990, 42, (2), 4 Downloads

1988

  1. The Domestic and Foreign-Owned Sectors of Scottish Manufacturing: A Macroeconomic Approach to Their Relative Performance and Prospects
    Scottish Journal of Political Economy, 1988, 35, (3), 250-65
 
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