Details about Eric Pentecost

Postal address:	Department of Economics Loughborough University Loughborough Leics LE11 3TU UK
Workplace:	Economics Group, Business School, Loughborough University, (more information at EDIRC)

Access statistics for papers by Eric Pentecost.

Last updated 2023-12-05. Update your information in the RePEc Author Service.

Short-id: ppe162

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Working Papers

2012

1. The Current Account and Real Exchange Rate Dynamics in African Countries
   Department of Economics Working Papers, University of Bath, Department of Economics View citations (1)

2011

2. A Gravity Model Approach to Estimating Prospective Trade Gains in the EU Accession and Associated Countries
   NBS Discussion Papers in Economics, Economics, Nottingham Business School, Nottingham Trent University View citations (3)
3. Exchange Rate Regime Verification: An Alternative Method of Testing for Regime Changes
   Department of Economics Working Papers, University of Bath, Department of Economics View citations (7)
   See also Journal Article Exchange rate regime verification: An alternative method of testing for regime changes, Economics Letters, Elsevier (2011) View citations (7) (2011)
4. Human Capital and Spatial Heterogeneity in the Iberian Countries’ Regional Growth and Convergence
   Discussion Paper Series, Department of Economics, Loughborough University
5. Regional Growth and Convergence: The Role of Human Capital in the Portuguese Regions
   Discussion Paper Series, Department of Economics, Loughborough University View citations (10)

2010

6. Terms of Trade Shocks and Economic Performance Under Different Exchange Rate Regimes
   Discussion Paper Series, Department of Economics, Loughborough University View citations (3)

2008

7. A Meta-Analysis of the Robustness of Market Size and Labour Cost Determinants of FDI
   Discussion Paper Series, Department of Economics, Loughborough University
8. The Latent Heterogeneity in Investment Location Choices of Multinational Enterprises
   Discussion Paper Series, Department of Economics, Loughborough University
9. The Location of Foreign Direct Investment in the Central and Eastern European Countries: A Mixed Logit and Multilevel Data Approach
   Discussion Paper Series, Department of Economics, Loughborough University

2007

10. An Empirical Investigation of the Determinants of the Location of Foreign Direct Investment in the Central and Eastern European Countries Using Multilevel Data
    Discussion Paper Series, Department of Economics, Loughborough University
11. The Location of Foreign Direct Investment in the Central and Eastern European Countries: A Nested Logit and Multilevel Data Approach
    Discussion Paper Series, Department of Economics, Loughborough University

2003

12. The Dynamic Adjustment of a Transition Economy in the Early Stages of Transformation
    Working Papers, Bank of Greece View citations (5)
    See also Journal Article The dynamic adjustment of a transition economy in the early stages of transformation, Journal of Macroeconomics, Elsevier (2004) View citations (7) (2004)

1997

13. Measuring and estimating exchange market pressure in the EU
    SESO Working Papers, University of Antwerp, Faculty of Business and Economics
    See also Journal Article Measuring and estimating exchange market pressure in the EU, Journal of International Money and Finance, Elsevier (2001) View citations (53) (2001)

1982

14. The Government Financing Constraint, Wealth Effects and External Balances
    Working Papers, Queen Mary University of London, School of Economics and Finance

1980

15. The LBS Forecasting Model & Exchange Rate Determination
    Working Papers, Queen Mary University of London, School of Economics and Finance

Undated

16. Financial Integration and Economic Interdependence in the European Union
    Research Papers, CENTRE FOR RESEARCH IN EUROPEAN ECONOMICS AND FINANCE (CREEF)
17. Regional Economic Convergence in Great Britain and Germany
    Research Papers, CENTRE FOR RESEARCH IN EUROPEAN ECONOMICS AND FINANCE (CREEF) View citations (2)
18. Short and long-term Regional Economic Convergence in the European Community
    Research Papers, CENTRE FOR RESEARCH IN EUROPEAN ECONOMICS AND FINANCE (CREEF)
19. Some Econometric Tests of Changes in the Degree of Financial Integration Within the European Community in the 1980s
    Research Papers, CENTRE FOR RESEARCH IN EUROPEAN ECONOMICS AND FINANCE (CREEF)

Journal Articles

2023

1. Foreign aid, debt interest repayments and Dutch disease effects in a real exchange rate model for African countries
   Economic Modelling, 2023, 126, (C) View citations (2)

2022

2. Is Another Eurozone Crisis Coming?
   World Economics, 2022, 23, (3), 29-48

2021

3. Modern Monetary Theory and the Policy Response to COVID-19
   World Economics, 2021, 22, (1), 31-54 View citations (1)
4. New “News” for the news model of the spot exchange rate
   Economics Letters, 2021, 200, (C) View citations (1)

2020

5. Testing the ‘Fear of Floating’ Hypothesis: A Statistical Analysis for Eight African Countries
   Open Economies Review, 2020, 31, (2), 407-430
6. The Epidemiology of Economic and Financial Crises
   World Economics, 2020, 21, (2), 227-248

2019

7. Contagion from the crises in the Euro-zone: where, when and why?
   The European Journal of Finance, 2019, 25, (14), 1309-1327 View citations (5)
8. The Changing Sources of Real Exchange Rate Fluctuations in China, 1995–2017: Twinning the Western Industrial Economies?
   Chinese Economy, 2019, 52, (4), 358-376 View citations (1)
9. The Twin Deficits Hypothesis: An Empirical Examination
   Open Economies Review, 2019, 30, (4), 759-777 View citations (3)

2017

10. Foreign direct investment in the eastern European countries: Determinants and performance
    Structural Change and Economic Dynamics, 2017, 41, (C), 86-97 View citations (18)
11. Safe haven or contagion? The disparate effects of Euro-zone crises on non-Euro-zone neighbours
    Applied Economics, 2017, 49, (59), 5895-5904 View citations (2)
12. Was it different the second time? An empirical analysis of contagion during the crises in Greece 2009–15
    The World Economy, 2017, 40, (12), 2530-2542 View citations (7)

2015

13. FDI performance: a stochastic frontier analysis of location and variance determinants
    Applied Economics, 2015, 47, (30), 3229-3242 View citations (3)
14. THE ALLOCATION OF OECD DIRECT INVESTMENT BETWEEN CEECS: A DISCRETE CHOICE APPROACH
    Bulletin of Economic Research, 2015, 67, (S1), S26-S39 View citations (1)

2014

15. Firm heterogeneity in modelling foreign direct investment location decisions
    Applied Economics, 2014, 46, (12), 1350-1360 View citations (6)
16. Structural Real Exchange Rate and Unemployment Interdependencies in Argentina
    Revista de Economía y Estadística, 2014, 52, (1), 57–86

2012

17. Identifying aggregate supply and demand shocks in small open economies: Empirical evidence from African countries
    International Review of Economics & Finance, 2012, 21, (1), 272-291 View citations (14)

2011

18. Exchange rate regime verification: An alternative method of testing for regime changes
    Economics Letters, 2011, 113, (1), 96-98 View citations (7)
    See also Working Paper Exchange Rate Regime Verification: An Alternative Method of Testing for Regime Changes, Department of Economics Working Papers (2011) View citations (7) (2011)
19. Regional integration and trade: A panel cointegration approach to estimating the gravity model
    The Journal of International Trade & Economic Development, 2011, 20, (1), 53-65 View citations (9)

2010

20. A Nested logit approach to modelling the location of foreign direct investment in the Central and Eastern European Countries
    Economic Modelling, 2010, 27, (1), 32-39 View citations (9)
21. Demand and Supply Shocks in the Caribbean Economies: Implications for Monetary Union
    The World Economy, 2010, 33, (10), 1325-1337 View citations (4)

2009

22. SOURCES OF REAL EXCHANGE RATE FLUCTUATIONS: EMPIRICAL EVIDENCE FROM NINE AFRICAN COUNTRIES
    Manchester School, 2009, 77, (s1), 66-84 View citations (3)

2007

23. A Time Series Econometric Model of the Determinants of the Level of Inward Foreign Direct Investment into Pakistan
    Indian Economic Review, 2007, 42, (2), 177-190 View citations (1)

2006

24. A Gravity Model Forecast of the Potential Trade Effects of EU Enlargement: Lessons from 2004 and Path‐dependency in Integration
    The World Economy, 2006, 29, (8), 1077-1089 View citations (30)
25. An investigation into the sources of fluctuation in real and nominal wage rates in eight EU countries: A structural VAR approach
    Journal of Comparative Economics, 2006, 34, (2), 357-376 View citations (7)
26. Are There Asymmetries in the Relationship Between Exchange Rate Fluctuations and Stock Market Volatility in Pacific Basin Countries?
    Review of Pacific Basin Financial Markets and Policies (RPBFMP), 2006, 09, (02), 229-256 View citations (9)
27. Financial Liberalization in India and a New Test of the Complementarity Hypothesis
    Economic Development and Cultural Change, 2006, 54, (2), 487-502 View citations (11)
28. The Sources of Real Exchange Rate Fluctuations in India
    Indian Economic Review, 2006, 41, (1), 9-23 View citations (7)

2004

29. The dynamic adjustment of a transition economy in the early stages of transformation
    Journal of Macroeconomics, 2004, 26, (3), 547-561 View citations (7)
    See also Working Paper The Dynamic Adjustment of a Transition Economy in the Early Stages of Transformation, Working Papers (2003) View citations (5) (2003)

2003

30. Is there a relationship between real exchange rate movements and the output cycle?
    Economic Modelling, 2003, 20, (3), 593-603 View citations (5)

2002

31. Changing labour market flexibility in the European union
    Review of World Economics (Weltwirtschaftliches Archiv), 2002, 138, (1), 148-160 View citations (2)
32. The Determinants of Technology Diffusion: Evidence from the UK Financial Sector
    Manchester School, 2002, 70, (2), 185-203 View citations (16)

2001

33. Measuring and estimating exchange market pressure in the EU
    Journal of International Money and Finance, 2001, 20, (3), 401-418 View citations (53)
    See also Working Paper Measuring and estimating exchange market pressure in the EU, SESO Working Papers (1997) (1997)
34. The real exchange rate and the output response in four EU accession countries
    Emerging Markets Review, 2001, 2, (4), 418-430 View citations (22)

2000

35. A Cross-Country Panel Analysis of Currency Substitution and Trade
    Economic Inquiry, 2000, 38, (2), 206-17 View citations (4)
36. Common trends and cycles in G-7 countries exchange rates and stock prices
    Applied Economics Letters, 2000, 7, (1), 7-10 View citations (19)
37. The Savings Ratio and Financial Repression in Trinidad and Tobago
    International Economic Journal, 2000, 14, (2), 67-84 View citations (1)

1999

38. A New Test of International Financial Integration with Application to the European Union
    Journal of Economic Integration, 1999, 14, 1-12 View citations (5)

1998

39. Asset pricing and foreign exchange risk: econometric evidence for the G-7
    Journal of International Money and Finance, 1998, 17, (2), 317-329 View citations (11)
40. Economic Performance across the UK Regions: Convergence or Divergence?
    Environment and Planning C, 1998, 16, (6), 649-658 View citations (6)
41. Exchange controls and European stock market integration
    Applied Economics, 1998, 30, (2), 263-267 View citations (9)

1997

42. The Term Structure of Interest Rates and Financial Integration in the ERM
    International Journal of Finance & Economics, 1997, 2, (3), 237-47 View citations (6)

1996

43. Changes in the degree of financial integration within the European Community in the 1980s
    Journal of Economic Studies, 1996, 23, (2), 4-17
44. The impact of infra-European trade on sterling currency substitution
    Review of World Economics (Weltwirtschaftliches Archiv), 1996, 132, (1), 160-171 View citations (1)

1995

45. Changes in the extent of financial integration within the European Community between the 1970s and 1980s
    Applied Economics Letters, 1995, 2, (6), 184-187 View citations (5)
46. Testing for Convergence of the EU Regional Economies
    Economic Inquiry, 1995, 33, (4), 664-71 View citations (40)

1994

47. Evaluating the Empirical Evidence for Currency Substitution: A Case Study of the Demand for Sterling in Europe
    Economic Journal, 1994, 104, (426), 1057-69 View citations (24)

1991

48. Econometric Approaches to Empirical Models of Exchange Rate Determination
    Journal of Economic Surveys, 1991, 5, (1), 71-96 View citations (4)

Books

1999

1. Regional Economic Performance within the European Union
   Books, Edward Elgar Publishing View citations (12)

1993

2. EXCHANGE RATE DYNAMICS
   Books, Edward Elgar Publishing View citations (27)

Edited books

2011

1. The Financial Crisis and the Regulation of Finance
   Books, Edward Elgar Publishing View citations (14)

2001

2. European Monetary Integration
   Books, Edward Elgar Publishing View citations (5)
3. Exchange Rate Policies, Prices and Supply-Side Response
   Palgrave Macmillan Books, Palgrave Macmillan View citations (9)

1996

4. The Macroeconomics of International Currencies
   Books, Edward Elgar Publishing View citations (24)

Chapters

2011

1. Introduction
   Chapter 1 in The Financial Crisis and the Regulation of Finance, 2011

2002

2. A Quarter of a Century of Real GDP and Growth Rate Convergence and Divergence in the EU
   Chapter 3 in Convergence Issues in the European Union, 2002, pp 23-40

2001

3. Introduction: Issues, Structure and Policy Recommendations
   Palgrave Macmillan
4. Output Dynamics in Transition Economies under Alternative Exchange Rate Regimes
   Palgrave Macmillan
5. Price and Output Dynamics under a Currency Board: The Case of Bulgaria
   Palgrave Macmillan
6. The Real Exchange Rate and the Output Response in Four Transition Economies: A Panel Data Study
   Palgrave Macmillan View citations (10)
7. The historical background to European Monetary Union
   Chapter 1 in European Monetary Integration, 2001
8. The political economy of transition to monetary union in Western Europe
   Chapter 2 in European Monetary Integration, 2001 View citations (2)