Details about Peter McAdam

E-mail:
Homepage:	https://sites.google.com/site/petermcadamshomepage/home
Workplace:	European Central Bank, (more information at EDIRC)

Access statistics for papers by Peter McAdam.

Last updated 2024-11-02. Update your information in the RePEc Author Service.

Short-id: pmc38

---

Jump to Journal Articles Chapters

Working Papers

2024

1. News and Surprises: Revisiting Fiscal Shocks in the Open Economy
   Working Papers, The University of Sheffield, Department of Economics
2. Returns to scale: New evidence from administrative firm-level data
   Discussion Papers, Deutsche Bundesbank

2023

3. European Trade & Growth Imbalances: An Analysis using a Sign-Restriction Bayesian-GVAR with Stochastic Volatility
   Working Paper series, Rimini Centre for Economic Analysis
4. Janus's Money Demand and Time Inconsistency: A New Impossibility Theorem?
   Research Working Paper, Federal Reserve Bank of Kansas City

2022

5. Are Ideas Really Getting Harder To Find? R&D Capital and the Idea Production Function
   KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis

2021

6. Financial Reforms and Innovation: A Micro-Macro Perspective
   Discussion Paper Series, Department of Economics, University of Macedonia
   Also in Working Paper Series, European Central Bank (2021)
   See also Journal Article Financial reforms and innovation: A micro–macro perspective, Journal of International Money and Finance, Elsevier (2023) (2023)
7. Monetary policy, neutrality and the environment
   Working Paper Series, European Central Bank View citations (1)
   See also Journal Article Monetary Policy, Neutrality, and the Environment, Journal of Money, Credit and Banking, Blackwell Publishing (2023) (2023)
8. Product market structure and monetary policy: evidence from the Euro Area
   Working Paper Series, European Central Bank View citations (2)
9. Serial sovereign default: the role of shocks and fiscal habits
   Working Paper Series, European Central Bank

2020

10. Density forecast combinations: the real-time dimension
    Working Paper Series, European Central Bank View citations (1)
    See also Journal Article Density forecast combinations: The real‐time dimension, Journal of Forecasting, John Wiley & Sons, Ltd. (2024) (2024)

2019

11. Concentration, market power and dynamism in the euro area
    Working Paper Series, European Central Bank View citations (62)
12. Exploring Okun’s law asymmetry: an endogenous threshold LSTR approach
    Working Paper Series, European Central Bank View citations (4)
13. Labor share and growth in the long run
    Working Paper Series, European Central Bank View citations (22)
    See also Journal Article LABOR SHARE AND GROWTH IN THE LONG RUN, Macroeconomic Dynamics, Cambridge University Press (2020) View citations (18) (2020)
14. On the optimal labor income share
    NBP Working Papers, Narodowy Bank Polski
    Also in KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis (2018) View citations (1)
    See also Journal Article On the Optimal Labor Income Share, International Journal of Central Banking, International Journal of Central Banking (2021) (2021)
15. The Green Golden Rule: habit and anticipation of future consumption
    Working Paper Series, European Central Bank View citations (1)
    See also Journal Article The green golden rule: Habit and anticipation of future consumption, Economics Letters, Elsevier (2018) View citations (12) (2018)

2018

16. Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in Working Paper Series, European Central Bank (2018) View citations (12)
    See also Journal Article Credit shocks, employment protection, and growth:firm-level evidence from spain, Journal of Banking & Finance, Elsevier (2023) (2023)
17. Dealing with endogeneity in threshold models using copulas: an illustration to the foreign trade multiplier
    Working Paper Series, European Central Bank
18. Euro area real-time density forecasting with financial or labor market frictions
    Working Paper Series, European Central Bank View citations (3)
    See also Journal Article Euro area real-time density forecasting with financial or labor market frictions, International Journal of Forecasting, Elsevier (2019) View citations (11) (2019)
19. The role of factor substitution and technical progress in China's great expansion
    Working Paper Series, European Central Bank View citations (5)

2017

20. Unraveling the Skill Premium
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (4)
    Also in Working Paper Series, European Central Bank (2015)
    See also Journal Article UNRAVELING THE SKILL PREMIUM, Macroeconomic Dynamics, Cambridge University Press (2018) View citations (12) (2018)

2016

21. Endogenous Labor Share Cycles: Theory and Evidence
    KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis View citations (7)
    Also in Working Paper Series, European Central Bank (2015) View citations (37)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (24)
    See also Journal Article Endogenous labor share cycles: Theory and evidence, Journal of Economic Dynamics and Control, Elsevier (2018) View citations (36) (2018)
22. On the Persistence of Cross-Country Inequality Measures
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (1)
    See also Journal Article On the Persistence of Cross‐Country Inequality Measures, Journal of Money, Credit and Banking, Blackwell Publishing (2017) View citations (14) (2017)

2015

23. Do financial reforms help stabilize inequality?
    Working Paper Series, European Central Bank View citations (5)
    See also Journal Article Do financial reforms help stabilize inequality?, Journal of International Money and Finance, Elsevier (2017) View citations (19) (2017)
24. Efficiency, Inefficiency and the MENA Frontier
    School of Economics Discussion Papers, School of Economics, University of Surrey
    Also in Working Paper Series, European Central Bank (2015) View citations (1)
    See also Journal Article EFFICIENCY, INEFFICIENCY, AND THE MENA FRONTIER, Macroeconomic Dynamics, Cambridge University Press (2019) View citations (1) (2019)
25. Will the true labor share stand up?
    Working Paper Series, European Central Bank View citations (24)

2014

26. Does Tenure Make Researchers Less Productive? The Case of the “Specialist”
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (1)
27. Kant’s Endogenous Growth Mechanism
    School of Economics Discussion Papers, School of Economics, University of Surrey

2013

28. From Social Contract to Arab Spring: Macroeconomic Adjustment under Regime Change
    School of Economics Discussion Papers, School of Economics, University of Surrey
29. On Habit and the Socially Efficient Level of Consumption and Work Effort
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (4)
30. Shocking Stuff: Technology, Hours, and Factor Substitution
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (3)
    Also in Working Paper Series, European Central Bank (2010) View citations (21)
    EcoMod2010, EcoMod (2010) View citations (6)
    See also Journal Article SHOCKING STUFF: TECHNOLOGY, HOURS, AND FACTOR SUBSTITUTION, Journal of the European Economic Association, European Economic Association (2014) View citations (47) (2014)

2012

31. A new perspective on the Gold Standard: Inflation as a population phenomenon
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (5)
    See also Journal Article A new perspective on the Gold Standard: Inflation as a population phenomenon, Journal of International Money and Finance, Elsevier (2012) View citations (5) (2012)
32. Anticipation of Future Consumption: A Monetary Perspective
    EcoMod2012, EcoMod View citations (1)
    Also in Working Paper Series, European Central Bank (2012) View citations (1)
    See also Journal Article Anticipation of Future Consumption: A Monetary Perspective, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (19) (2013)
33. Assessing macro-financial linkages: A model comparison exercise
    Discussion Papers, Deutsche Bundesbank View citations (8)
    Also in NBP Working Papers, Narodowy Bank Polski (2012) View citations (8)
    See also Journal Article Assessing macro-financial linkages: A model comparison exercise, Economic Modelling, Elsevier (2013) View citations (23) (2013)
34. Explaining the Skill Premium: Technical Change or Capita-Skill Complements?
    EcoMod2012, EcoMod View citations (1)
35. Financial market frictions in a model of the euro area
    Working Paper Series, European Central Bank View citations (55)
    See also Journal Article Financial market frictions in a model of the Euro area, Economic Modelling, Elsevier (2012) View citations (48) (2012)
36. Non-Balanced Growth and Production Technology Estimation
    Studies in Economics, School of Economics, University of Kent View citations (6)
37. Openness, Efficiency and Technology: An Industry Assessment
    School of Economics Discussion Papers, School of Economics, University of Surrey
    See also Journal Article Openness, Efficiency and Technology: An Industry Assessment, Scottish Journal of Political Economy, Scottish Economic Society (2013) View citations (6) (2013)
38. Technology, Utilization and Inflation: What Drives the New Keynesian Phillips Curve?
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (13)
    Also in Working Paper Series, European Central Bank (2011) View citations (7)
    See also Journal Article Technology, Utilization, and Inflation: What Drives the New Keynesian Phillips Curve?, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (11) (2013)

2011

39. Aggregation, the skill premium, and the two-level production function
    Working Paper Series, European Central Bank View citations (3)
40. The normalized CES production function: theory and empirics
    Working Paper Series, European Central Bank View citations (27)
    See also Journal Article THE NORMALIZED CES PRODUCTION FUNCTION: THEORY AND EMPIRICS, Journal of Economic Surveys, Wiley Blackwell (2012) View citations (171) (2012)

2010

41. In Dubio, pro CES: technical progress specification and the elasticity of substitution
    EcoMod2010, EcoMod
42. In dubio pro CES - Supply estimation with mis-specified technical change
    Working Paper Series, European Central Bank View citations (17)
43. The Role of Water Sector in Iranian Economy: A CGE Modeling Approach
    EcoMod2010, EcoMod
44. Which policy-mix to mitigate the effects of the financial heterogeneity in a monetary union?
    EcoMod2010, EcoMod

2009

45. Identifying the elasticity of substitution with biased technical change
    Working Paper Series, European Central Bank View citations (66)
    See also Journal Article Identifying the Elasticity of Substitution with Biased Technical Change, American Economic Review, American Economic Association (2010) View citations (313) (2010)

2008

46. Happiness Inertia: Analytical Aspects of the Easterlin Paradox
    School of Economics Discussion Papers, School of Economics, University of Surrey View citations (1)
47. Is forecasting with large models informative? Assessing the role of judgement in macroeconomic forecasts
    Working Paper Series, European Central Bank View citations (6)
    See also Journal Article Is forecasting with large models informative? Assessing the role of judgement in macroeconomic forecasts, Journal of Forecasting, John Wiley & Sons, Ltd. (2011) View citations (3) (2011)
48. Medium run redux: technical change, factor shares and frictions in the euro area
    Working Paper Series, European Central Bank View citations (10)
49. Risk Management in Action. Robust monetary policy rules under structured uncertainty
    Working Paper Series, European Central Bank View citations (9)

2007

50. Disaggregate Real Exchange Rate Behaviour
    Working Papers, Business School - Economics, University of Glasgow View citations (3)
    See also Journal Article Disaggregate Real Exchange Rate Behaviour, Open Economies Review, Springer (2007) View citations (3) (2007)
51. Phillips-Curve Dynamics: Mark-Up Cyclicality, Effective Hours and Regime-Dependency
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel)
52. Quantifying and sustaining welfare gains from monetary commitment
    Working Paper Series, European Central Bank View citations (18)
    See also Journal Article Quantifying and sustaining welfare gains from monetary commitment, Journal of Monetary Economics, Elsevier (2008) View citations (80) (2008)
53. State-dependency and firm-level optimization: a contribution to Calvo price staggering
    Working Paper Series, European Central Bank View citations (7)
54. Tax reform and labour-market performance in the euro area: a simulation-based analysis using the New Area-Wide Model
    Working Paper Series, European Central Bank View citations (124)
    See also Journal Article Tax reform and labour-market performance in the euro area: A simulation-based analysis using the New Area-Wide Model, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (282) (2008)

2006

55. Inflation forecast-based-rules and indeterminacy: a puzzle and a resolution
    Working Paper Series, European Central Bank View citations (10)
    See also Journal Article Inflation-Forecast-Based Rules and Indeterminacy: A Puzzle and a Resolution, International Journal of Central Banking, International Journal of Central Banking (2007) View citations (17) (2007)
56. The Italian block of the ESCB multi-country model
    Working Paper Series, European Central Bank View citations (7)
57. Welfare Gains from Monetary Commitment in a Model of the Euro-Area
    Computing in Economics and Finance 2006, Society for Computational Economics

2005

58. The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area
    MPRA Paper, University Library of Munich, Germany View citations (46)
    Also in Working Paper Series, European Central Bank (2005) View citations (50)
    See also Journal Article The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area, International Journal of Central Banking, International Journal of Central Banking (2005) View citations (43) (2005)

2004

59. Developing a euro area accounting matrix: issues and applications
    Working Paper Series, European Central Bank View citations (7)
60. Factor Substitution and Factor Augmenting Technical Progress in the US: A Normalized Supply-Side System Approach
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade View citations (33)
    Also in Working Paper Series, European Central Bank (2004) View citations (51)
61. Forecasting inflation with thick models and neural networks
    Working Paper Series, European Central Bank View citations (18)
    See also Journal Article Forecasting inflation with thick models and neural networks, Economic Modelling, Elsevier (2005) View citations (57) (2005)
62. Optimal monetary policy rules for the euro area: an analysis using the area wide model
    Working Paper Series, European Central Bank View citations (25)
    See also Journal Article Optimal Monetary Policy Rules for the Euro Area: An Analysis Using the Area Wide Model*, Journal of Common Market Studies, Wiley Blackwell (2005) View citations (33) (2005)

2003

63. New Keynesian Phillips Curves: a reassessment using euro-area data
    Working Paper Series, European Central Bank View citations (25)
64. Robust Monetary Policy Rules in the Area Wide Model
    Computing in Economics and Finance 2003, Society for Computational Economics
65. US, Japan and the euro area: comparing business-cycle features
    Working Paper Series, European Central Bank View citations (13)
    See also Journal Article USA, Japan and the Euro Area: Comparing Business-Cycle Features, International Review of Applied Economics, Taylor & Francis Journals (2007) View citations (9) (2007)
66. Unemployment, Hysterisis and Transition
    Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (3)
    Also in Working Paper Series, European Central Bank (2003) View citations (18)
    See also Journal Article UNEMPLOYMENT, HYSTERESIS AND TRANSITION, Scottish Journal of Political Economy, Scottish Economic Society (2004) View citations (72) (2004)

2001

67. Fiscal Consolidation and the Probability Distribution of Deficits: A Stochastic Analysis of the Stability Pact
    Studies in Economics, School of Economics, University of Kent
68. The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models
    Working Paper Series, European Central Bank View citations (18)

1999

69. The NAIRU Concept - Measurement uncertainties, hysteresis and economic policy role
    European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission View citations (15)

1998

70. A Pedagogical Note on the Long Run of Macro Economic Models
    Studies in Economics, School of Economics, University of Kent View citations (2)
71. Large Scale Fiscal Retrenchments: Long-Run Lessons from the Stability Pact
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

1996

72. Fiscal Deficit Reductions in Line with the Maastricht Criteria for Monetary Union: An Empirical Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
73. Four Essays and a Funeral: Budgetary Arithmetic under the Maastricht Treaty
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

Undated

74. Labour market dynamics in the euro area: A model-based sensitivity analysis
    Modeling, Computing, and Mastering Complexity 2003, Society for Computational Economics

Journal Articles

2025

1. Climate investments, stock markets, and the open economy
   Macroeconomic Dynamics, 2025, 29, -

2024

2. Density forecast combinations: The real‐time dimension
   Journal of Forecasting, 2024, 43, (5), 1153-1172
   See also Working Paper Density forecast combinations: the real-time dimension, Working Paper Series (2020) View citations (1) (2020)
3. The Janus model of money demand
   International Journal of Economic Theory, 2024, 20, (3), 334-351
4. What's eating macro?
   Journal of Macroeconomics, 2024, 81, (C)

2023

5. Credit shocks, employment protection, and growth:firm-level evidence from spain
   Journal of Banking & Finance, 2023, 152, (C)
   See also Working Paper Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain, CEPR Discussion Papers (2018) View citations (12) (2018)
6. Exploring Okun's law asymmetry: An endogenous threshold logistic smooth transition regression approach
   Oxford Bulletin of Economics and Statistics, 2023, 85, (1), 123-158
7. Financial reforms and innovation: A micro–macro perspective
   Journal of International Money and Finance, 2023, 132, (C)
   See also Working Paper Financial Reforms and Innovation: A Micro-Macro Perspective, Discussion Paper Series (2021) (2021)
8. Monetary Policy, Market Power, and SMEs
   AEA Papers and Proceedings, 2023, 113, 105-09 View citations (1)
9. Monetary Policy, Neutrality, and the Environment
   Journal of Money, Credit and Banking, 2023, 55, (7), 1889-1906
   See also Working Paper Monetary policy, neutrality and the environment, Working Paper Series (2021) View citations (1) (2021)

2022

10. China’s great expansion: The role of factor substitution and technical progress
    European Economic Review, 2022, 141, (C) View citations (3)

2021

11. Dealing With Endogeneity in Threshold Models Using Copulas
    Journal of Business & Economic Statistics, 2021, 39, (1), 166-178 View citations (9)
12. On the Optimal Labor Income Share
    International Journal of Central Banking, 2021, 17, (70), 52
    See also Working Paper On the optimal labor income share, NBP Working Papers (2019) (2019)

2020

13. LABOR SHARE AND GROWTH IN THE LONG RUN
    Macroeconomic Dynamics, 2020, 24, (7), 1720-1757 View citations (18)
    See also Working Paper Labor share and growth in the long run, Working Paper Series (2019) View citations (22) (2019)

2019

14. EFFICIENCY, INEFFICIENCY, AND THE MENA FRONTIER
    Macroeconomic Dynamics, 2019, 23, (2), 489-521 View citations (1)
    See also Working Paper Efficiency, Inefficiency and the MENA Frontier, School of Economics Discussion Papers (2015) (2015)
15. Euro area real-time density forecasting with financial or labor market frictions
    International Journal of Forecasting, 2019, 35, (2), 580-600 View citations (11)
    See also Working Paper Euro area real-time density forecasting with financial or labor market frictions, Working Paper Series (2018) View citations (3) (2018)

2018

16. After the credit squeeze: how labour market flexibility can strengthen firm growth and employment
    Research Bulletin, 2018, 52
17. Endogenous labor share cycles: Theory and evidence
    Journal of Economic Dynamics and Control, 2018, 87, (C), 74-93 View citations (36)
    See also Working Paper Endogenous Labor Share Cycles: Theory and Evidence, KAE Working Papers (2016) View citations (7) (2016)
18. The green golden rule: Habit and anticipation of future consumption
    Economics Letters, 2018, 172, (C), 131-133 View citations (12)
    See also Working Paper The Green Golden Rule: habit and anticipation of future consumption, Working Paper Series (2019) View citations (1) (2019)
19. UNRAVELING THE SKILL PREMIUM
    Macroeconomic Dynamics, 2018, 22, (1), 33-62 View citations (12)
    See also Working Paper Unraveling the Skill Premium, School of Economics Discussion Papers (2017) View citations (4) (2017)
20. WILL THE “TRUE” LABOR SHARE STAND UP? AN APPLIED SURVEY ON LABOR SHARE MEASURES
    Journal of Economic Surveys, 2018, 32, (4), 961-984 View citations (27)

2017

21. Do financial reforms help stabilize inequality?
    Journal of International Money and Finance, 2017, 70, (C), 45-61 View citations (19)
    See also Working Paper Do financial reforms help stabilize inequality?, Working Paper Series (2015) View citations (5) (2015)
22. On the Persistence of Cross‐Country Inequality Measures
    Journal of Money, Credit and Banking, 2017, 49, (1), 255-266 View citations (14)
    See also Working Paper On the Persistence of Cross-Country Inequality Measures, School of Economics Discussion Papers (2016) View citations (1) (2016)

2016

23. Immanuel Kant and Endogenous Growth Theory
    Scottish Journal of Political Economy, 2016, 63, (5), 427-442 View citations (1)
24. de La Grandville, Olivier: Economic growth: a unified approach
    Journal of Economics, 2016, 119, (1), 91-96 View citations (3)

2015

25. Academic productivity before and after tenure: the case of the ‘specialist’
    Oxford Economic Papers, 2015, 67, (2), 291-309 View citations (9)
26. Macroeconomic adjustment under regime change: From social contract to Arab Spring
    Journal of International Money and Finance, 2015, 56, (C), 1-22 View citations (8)
27. Production Technology Estimates and Balanced Growth
    Oxford Bulletin of Economics and Statistics, 2015, 77, (1), 40-65 View citations (50)

2014

28. SHOCKING STUFF: TECHNOLOGY, HOURS, AND FACTOR SUBSTITUTION
    Journal of the European Economic Association, 2014, 12, (1), 108-128 View citations (47)
    See also Working Paper Shocking Stuff: Technology, Hours, and Factor Substitution, School of Economics Discussion Papers (2013) View citations (3) (2013)

2013

29. Anticipation of Future Consumption: A Monetary Perspective
    Journal of Money, Credit and Banking, 2013, 45, (2-3), 423-447 View citations (19)
    Also in Journal of Money, Credit and Banking, 2013, 45, (2‐3), 423-447 (2013) View citations (9)
    See also Working Paper Anticipation of Future Consumption: A Monetary Perspective, EcoMod2012 (2012) View citations (1) (2012)
30. Assessing macro-financial linkages: A model comparison exercise
    Economic Modelling, 2013, 31, (C), 253-264 View citations (23)
    See also Working Paper Assessing macro-financial linkages: A model comparison exercise, Discussion Papers (2012) View citations (8) (2012)
31. MEDIUM RUN REDUX
    Macroeconomic Dynamics, 2013, 17, (4), 695-727 View citations (68)
32. Openness, Efficiency and Technology: An Industry Assessment
    Scottish Journal of Political Economy, 2013, 60, (1), 56-70 View citations (6)
    See also Working Paper Openness, Efficiency and Technology: An Industry Assessment, School of Economics Discussion Papers (2012) (2012)
33. Technology, Utilization, and Inflation: What Drives the New Keynesian Phillips Curve?
    Journal of Money, Credit and Banking, 2013, 45, (8), 1547-1579 View citations (11)
    Also in Journal of Money, Credit and Banking, 2013, 45, (8), 1547-1579 (2013) View citations (1)
    See also Working Paper Technology, Utilization and Inflation: What Drives the New Keynesian Phillips Curve?, School of Economics Discussion Papers (2012) View citations (13) (2012)

2012

34. A new perspective on the Gold Standard: Inflation as a population phenomenon
    Journal of International Money and Finance, 2012, 31, (6), 1358-1370 View citations (5)
    See also Working Paper A new perspective on the Gold Standard: Inflation as a population phenomenon, School of Economics Discussion Papers (2012) View citations (5) (2012)
35. Financial market frictions in a model of the Euro area
    Economic Modelling, 2012, 29, (6), 2460-2485 View citations (48)
    See also Working Paper Financial market frictions in a model of the euro area, Working Paper Series (2012) View citations (55) (2012)
36. Probability models and robust policy rules
    European Economic Review, 2012, 56, (2), 246-262 View citations (19)
37. THE NORMALIZED CES PRODUCTION FUNCTION: THEORY AND EMPIRICS
    Journal of Economic Surveys, 2012, 26, (5), 769-799 View citations (171)
    See also Working Paper The normalized CES production function: theory and empirics, Working Paper Series (2011) View citations (27) (2011)
38. The happiness puzzle: analytical aspects of the Easterlin paradox
    Oxford Economic Papers, 2012, 64, (1), 27-42 View citations (13)

2011

39. Interest Rate Smoothing and "Calvo-Type" Interest Rate Rules: A Comment on Levine, McAdam, and Pearlman (2007)
    International Journal of Central Banking, 2011, 7, (3), 79-90 View citations (1)
40. Is forecasting with large models informative? Assessing the role of judgement in macroeconomic forecasts
    Journal of Forecasting, 2011, 30, (3), 303-324 View citations (3)
    See also Working Paper Is forecasting with large models informative? Assessing the role of judgement in macroeconomic forecasts, Working Paper Series (2008) View citations (6) (2008)
41. Technology, hours and factor substitution
    Research Bulletin, 2011, 13, 8-12 View citations (4)

2010

42. ARROW–CALVO PRICE STAGGERING
    Manchester School, 2010, 78, (6), 556-581
43. Identifying the Elasticity of Substitution with Biased Technical Change
    American Economic Review, 2010, 100, (4), 1330-57 View citations (313)
    See also Working Paper Identifying the elasticity of substitution with biased technical change, Working Paper Series (2009) View citations (66) (2009)
44. Incorporating financial frictions into new-generation macro models
    Research Bulletin, 2010, 9, 13-16

2008

45. Evaluating macro-economic models in the frequency domain: A note
    Economic Modelling, 2008, 25, (6), 1137-1143 View citations (3)
46. Quantifying and sustaining welfare gains from monetary commitment
    Journal of Monetary Economics, 2008, 55, (7), 1253-1276 View citations (80)
    See also Working Paper Quantifying and sustaining welfare gains from monetary commitment, Working Paper Series (2007) View citations (18) (2007)
47. Tax reform and labour-market performance in the euro area: A simulation-based analysis using the New Area-Wide Model
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2543-2583 View citations (282)
    See also Working Paper Tax reform and labour-market performance in the euro area: a simulation-based analysis using the New Area-Wide Model, Working Paper Series (2007) View citations (124) (2007)
48. Unwrapping some euro area growth puzzles: Factor substitution, productivity and unemployment
    Journal of Macroeconomics, 2008, 30, (2), 645-666 View citations (42)

2007

49. Disaggregate Real Exchange Rate Behaviour
    Open Economies Review, 2007, 18, (4), 389-404 View citations (3)
    See also Working Paper Disaggregate Real Exchange Rate Behaviour, Working Papers (2007) View citations (3) (2007)
50. Factor Substitution and Factor-Augmenting Technical Progress in the United States: A Normalized Supply-Side System Approach
    The Review of Economics and Statistics, 2007, 89, (1), 183-192 View citations (251)
51. Inflation-Forecast-Based Rules and Indeterminacy: A Puzzle and a Resolution
    International Journal of Central Banking, 2007, 3, (4), 77-110 View citations (17)
    See also Working Paper Inflation forecast-based-rules and indeterminacy: a puzzle and a resolution, Working Paper Series (2006) View citations (10) (2006)
52. Productivity growth in the euro area
    Research Bulletin, 2007, 6, 7-9 View citations (2)
53. The 50th Anniversary of the Solow Growth Model
    Oxford Review of Economic Policy, 2007, 23, (1), 1-2 View citations (2)
54. The long-term sucCESs of the neoclassical growth model
    Oxford Review of Economic Policy, 2007, 23, (1), 94-114 View citations (44)
55. USA, Japan and the Euro Area: Comparing Business-Cycle Features
    International Review of Applied Economics, 2007, 21, (1), 135-156 View citations (9)
    See also Working Paper US, Japan and the euro area: comparing business-cycle features, Working Paper Series (2003) View citations (13) (2003)

2006

56. How do VAT changes affect the economy? An illustration using the new area-wide model
    Research Bulletin, 2006, 4, 2-5 View citations (4)
57. Monetary policy at the zero interest bound: A model comparison exercise
    Journal of the Japanese and International Economies, 2006, 20, (3), 305-313 View citations (2)
58. Monetary policy under a liquidity trap: Simulation evidence for the euro area
    Journal of the Japanese and International Economies, 2006, 20, (3), 338-363 View citations (4)

2005

59. Forecasting inflation with thick models and neural networks
    Economic Modelling, 2005, 22, (5), 848-867 View citations (57)
    See also Working Paper Forecasting inflation with thick models and neural networks, Working Paper Series (2004) View citations (18) (2004)
60. Optimal Monetary Policy Rules for the Euro Area: An Analysis Using the Area Wide Model*
    Journal of Common Market Studies, 2005, 43, (3), 507-537 View citations (33)
    See also Working Paper Optimal monetary policy rules for the euro area: an analysis using the area wide model, Working Paper Series (2004) View citations (25) (2004)
61. Quantitative evidence on price determination, Federal Reserve Board, Washington, D.C., September 29-30, 2005
    Proceedings, 2005
62. Tax reform and labour market performance in the Euro area: a macroeconomic assessment
    Proceedings, 2005 View citations (6)
63. The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area
    International Journal of Central Banking, 2005, 1, (1) View citations (43)
    See also Working Paper The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area, MPRA Paper (2005) View citations (46) (2005)

2004

64. Corruption: a non‐parametric analysis
    Journal of Economic Studies, 2004, 31, (6), 509-523
65. Production, supply and factor shares: an application to estimating German long-run supply
    Economic Modelling, 2004, 21, (2), 191-215 View citations (9)
66. Supply, Factor Shares and Inflation Persistence: Re‐examining Euro‐area New‐Keynesian Phillips Curves
    Oxford Bulletin of Economics and Statistics, 2004, 66, (s1), 637-670 View citations (33)
67. The Effects of Euro Area Interest Rate Changes: Evidence from Macroeconomic Models
    National Institute Economic Review, 2004, 187, (1), 93-103 View citations (2)
    Also in National Institute Economic Review, 2004, 187, 93-103 (2004)
68. UNEMPLOYMENT, HYSTERESIS AND TRANSITION
    Scottish Journal of Political Economy, 2004, 51, (3), 377-401 View citations (72)
    See also Working Paper Unemployment, Hysterisis and Transition, Royal Economic Society Annual Conference 2003 (2003) View citations (3) (2003)

2003

69. Deficit Targeting Strategies: Fiscal Consolidation and the Probability Distribution of Deficits under the Stability Pact
    Journal of Common Market Studies, 2003, 41, (3), 421-444 View citations (6)

1999

70. Nonlinearity, ComputationaL Complexity and Macroeconomic Modelling
    Journal of Economic Surveys, 1999, 13, (5), 577-618 View citations (13)

1998

71. An algorithm competition: First-order iterations versus Newton-based techniques
    Journal of Economic Dynamics and Control, 1998, 22, (8-9), 1291-1318 View citations (70)
72. Handbook of computational economics: H.M. Amman, D.A. Kendrick, J. Rust, (eds.), vol. 1. North-Holland, Amsterdam, 1996, pp. xxi + 827, $163.75/265.0 Dutch Guilders. (ISBN 0-444-89857-3)
    Journal of Economic Dynamics and Control, 1998, 22, (3), 483-487

Chapters

2011

1. Chapter 15 Aggregation, the Skill Premium, and the Two-Level Production Function
   A chapter in Economic Growth and Development, 2011, pp 417-436

2006

2. Developing an Accounting Matrix for the Euro Area: Issues and Applications
   Springer View citations (4)

2005

3. The Eurosystem's multi-country model and the link block
   Chapter 4 in Econometric Models of the Euro-area Central Banks, 2005 View citations (2)