Details about Ronald Smith

E-mail:
Homepage:	https://www.bbk.ac.uk/our-staff/profile/8003558/ron-smith/
Phone:	(44) 207 631 6413
Postal address:	Birkbeck Business School, Birkbeck University of London, Malet Street, London, WC1E 7HX, UK.
Workplace:	Department of Economics, Mathematics and Statistics, Birkbeck College, (more information at EDIRC)

Access statistics for papers by Ronald Smith.

Last updated 2025-07-06. Update your information in the RePEc Author Service.

Short-id: psm18

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Working Papers

2019

Disability and Multi-Dimensional Quality of Life: A Capability Approach to Health Status Assessment
IZA Discussion Papers, Institute of Labor Economics (IZA)
See also Journal Article Disability and multidimensional quality of life: A capability approach to health status assessment, Health Economics, John Wiley & Sons, Ltd. (2020) View citations (1) (2020)
Military Expenditure, Investment and Growth
School of Economics Macroeconomic Discussion Paper Series, School of Economics, University of Cape Town View citations (8)
See also Journal Article Military Expenditure, Investment and Growth, Defence and Peace Economics, Taylor & Francis Journals (2020) View citations (19) (2020)
The Role of Factor Strength and Pricing Errors for Estimation and Inference in Asset Pricing Models
CESifo Working Paper Series, CESifo View citations (4)
The macroeconomic impact of the euro
BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics
See also Journal Article The Macroeconomic Impact of the Euro, Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration (2019) (2019)

2017

Posterior Means and Precisions of the Coefficients in Linear Models with Highly Collinear Regressors
BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics
Also in CESifo Working Paper Series, CESifo (2017)
Tests of Policy Interventions in DSGE Models
BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics
See also Journal Article Tests of Policy Interventions in DSGE Models, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2018) View citations (1) (2018)

2016

Demographic Structure and Macroeconomic Trends
CESifo Working Paper Series, CESifo View citations (17)
Also in Working Papers, Banco de España (2015) View citations (38)
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2015) View citations (43)
See also Journal Article Demographic Structure and Macroeconomic Trends, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (140) (2019)
Factor models in panels with cross-sectional dependence: an application to the extended SIPRI military expenditure data
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (3)
See also Journal Article Factor Models in Panels with Cross-sectional Dependence: An Application to the Extended SIPRI Military Expenditure Data, Defence and Peace Economics, Taylor & Francis Journals (2017) View citations (14) (2017)

2015

Military Aid, Direct Intervention and Counterterrorism
Studies in Economics, School of Economics, University of Kent
Also in School of Economics Discussion Papers, School of Economics, University of Surrey (2015)

2014

Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (7)
Also in CESifo Working Paper Series, CESifo (2012) View citations (45)
IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (47)
Working Paper series, Rimini Centre for Economic Analysis (2012) View citations (44)
See also Journal Article Counterfactual analysis in macroeconometrics: An empirical investigation into the effects of quantitative easing, Research in Economics, Elsevier (2016) View citations (43) (2016)
Tests of Policy Ineffectiveness in Macroeconometrics
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (2)
Also in CESifo Working Paper Series, CESifo (2014) View citations (2)
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2014) View citations (2)
The relationship between panel and synthetic control estimators of the effect of civil war
BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics View citations (12)

2013

Signs of Impact Effects in Time Series Regression Models
CESifo Working Paper Series, CESifo View citations (4)
See also Journal Article Signs of impact effects in time series regression models, Economics Letters, Elsevier (2014) View citations (23) (2014)
The Economics of Defence in France and the UK
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (2)
Also in Post-Print, HAL (2013) View citations (2)

2012

The Economic Impact of Demographic Structure in OECD Countries
CESifo Working Paper Series, CESifo View citations (3)
Also in Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2012) View citations (3)

2011

Beyond the DSGE Straitjacket
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (25)
Also in CESifo Working Paper Series, CESifo (2011) View citations (28)
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2011) View citations (7)
On Identification of Bayesian DSGE Models
IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (8)
Also in Working Papers, University of Strathclyde Business School, Department of Economics (2011) View citations (8)
SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2011) View citations (7)
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2011) View citations (8)
CESifo Working Paper Series, CESifo (2011) View citations (8)
See also Journal Article On Identification of Bayesian DSGE Models, Journal of Business & Economic Statistics, Taylor & Francis Journals (2013) View citations (60) (2013)

2010

Military Expenditure and Granger Causality: A Critical Review
Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol View citations (36)
See also Journal Article MILITARY EXPENDITURE AND GRANGER CAUSALITY: A CRITICAL REVIEW, Defence and Peace Economics, Taylor & Francis Journals (2010) View citations (35) (2010)
Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model
CESifo Working Paper Series, CESifo View citations (53)
Also in Working Paper Series, European Central Bank (2010) View citations (51)
Sécurité internationale et crise économique internationale
Post-Print, HAL

2009

Determining Military Expenditures: Arms Races and Spill-Over Effects in Cross-Section and Panel Data
Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol View citations (8)
Drugs and Violence in Colombia: a VECM Analysis
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics

2008

Identification of New Keynesian Phillips Curves from a Global Perspective
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (83)
Also in CESifo Working Paper Series, CESifo (2008) View citations (86)
Working Paper Series, European Central Bank (2008) View citations (83)
IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (91)
See also Journal Article Identification of New Keynesian Phillips Curves from a Global Perspective, Journal of Money, Credit and Banking, Blackwell Publishing (2009) View citations (10) (2009)
International security, defence economics and the powers of nations
Post-Print, HAL View citations (56)

2007

Global Factors, Unemployment Adjustment and the Natural Rate
Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (8)
Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2006)
See also Journal Article Global Factors, Unemployment Adjustment and the Natural Rate, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2008) View citations (7) (2008)
Monetary Policy Transmission and the Phillips Curve in a Global Context
Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel)
The Demand for Military Expenditure in Developing Countries: Hostility versus Capability
Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol View citations (1)
See also Journal Article THE DEMAND FOR MILITARY EXPENDITURE IN DEVELOPING COUNTRIES: HOSTILITY VERSUS CAPABILITY, Defence and Peace Economics, Taylor & Francis Journals (2008) View citations (52) (2008)
The measurement of capabilities
Open Discussion Papers in Economics, The Open University, Faculty of Social Sciences, Department of Economics View citations (31)

2006

Macroeconometric Modelling with a Global Perspective
IEPR Working Papers, Institute of Economic Policy Research (IEPR) View citations (107)
Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2006) View citations (115)
CESifo Working Paper Series, CESifo (2006) View citations (109)
See also Journal Article MACROECONOMETRIC MODELLING WITH A GLOBAL PERSPECTIVE*, Manchester School, University of Manchester (2006) View citations (109) (2006)
Pairwise Tests of Purchasing Power Parity Using Aggregate and Disaggregate Price Measures
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (5)
Also in CESifo Working Paper Series, CESifo (2006) View citations (5)

2005

Military Procurement, Industry Structure and Regional Conflict
Studies in Economics, School of Economics, University of Kent View citations (4)
Unemployment, Investment and Global Expected Returns: A Panel FAVAR Approach
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (10)
What if the UK had Joined the Euro in 1999? An Empirical Evaluation Using a Global VAR
CESifo Working Paper Series, CESifo View citations (15)
Also in IEPR Working Papers, Institute of Economic Policy Research (IEPR) (2005) View citations (16)
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2005) View citations (6)

2004

Capabilities and Wellbeing: Evidence Based on the Sen-Nussbaum Approach to Welfare
Open Discussion Papers in Economics, The Open University, Faculty of Social Sciences, Department of Economics View citations (17)
See also Journal Article Capabilities and Well-Being: Evidence Based on the Sen–Nussbaum Approach to Welfare, Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer (2005) View citations (78) (2005)
Global Shocks and Unemployment Adjustment
Economics, Department of Economics, Central bank of Iceland View citations (2)
Also in Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics (2004) View citations (1)
DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade (2004) View citations (1)
L'avenir de la défense européenne
Post-Print, HAL
Managing Asymmetric Conflict
Studies in Economics, School of Economics, University of Kent
See also Journal Article Managing asymmetric conflict, Oxford Economic Papers, Oxford University Press (2006) View citations (8) (2006)
Models of Military Expenditure and Growth: A Critical Review
Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol View citations (24)
See also Journal Article MODELS OF MILITARY EXPENDITURE AND GROWTH: A CRITICAL REVIEW, Defence and Peace Economics, Taylor & Francis Journals (2005) View citations (265) (2005)
Unobserved Heterogeneity in Panel Time Series Models
Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics View citations (14)
See also Journal Article Unobserved heterogeneity in panel time series models, Computational Statistics & Data Analysis, Elsevier (2006) View citations (135) (2006)

2003

Concentration in the International Arms Industry¤
Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol View citations (6)

2002

A Principal Components Approach to Cross-Section Dependence in Panels
10th International Conference on Panel Data, Berlin, July 5-6, 2002, International Conferences on Panel Data View citations (71)

2001

Between-Group Dependence in PPP Equations and its Causes: A Principal Components Approach
Computing in Economics and Finance 2001, Society for Computational Economics
Small sample properties of panel time-series estimators with I(1) errors
Computing in Economics and Finance 2001, Society for Computational Economics View citations (34)

2000

Equality of Opportunity and Equality of Outcome: Static and Dynamic Competitive Balance in European and North American Sports Leagues
IASE Conference Papers, International Association of Sports Economists

1998

Le coût d'une défense européenne unifiée
Post-Print, HAL
Pooled Mean Group Estimation of Dynamic Heterogeneous Panels
Edinburgh School of Economics Discussion Paper Series, Edinburgh School of Economics, University of Edinburgh View citations (109)
Structural Analysis of Cointegrating VARs
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (198)
See also Journal Article Structural Analysis of Cointegrating VARs, Journal of Economic Surveys, Wiley Blackwell (1998) View citations (191) (1998)

1997

Pooled Estimation of Long-run Relationships in Dynamic Heterogeneous Panels
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (116)

1996

Growth and Convergence in a Multi-Country Empirical Stochastic Solow Model
Working Papers, Economic Research Forum View citations (12)
Also in Discussion Papers in Economics, Division of Economics, School of Business, University of Leicester View citations (18)
See also Journal Article Growth and Convergence in Multi-country Empirical Stochastic Solow Model, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (1997) View citations (327) (1997)
Saving, Investment and Capital Mobility in LDCs
Archive Discussion Papers, Birkbeck, Department of Economics, Mathematics & Statistics View citations (3)
See also Journal Article Saving, Investment, and Capital Mobility in LDCs, Review of International Economics, Wiley Blackwell (1999) View citations (49) (1999)

1995

Dynamic Linear Models for Heterogeneous Panels
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (52)
Growth and Convergence: A Multi-Country Empirical Analysis of the Solow Growth Model
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (8)
New Directions in Applied Macroeconomic Modelling
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (4)

1993

Alternative Approaches to Estimating Long-Run Energy Demand Elasticities: An Application to Asian Developing Countries
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (3)
Le couple désarmement-développement dans la pensée économique
Post-Print, HAL View citations (4)
Les conséquences économiques de la paix
Post-Print, HAL View citations (2)
Les économistes et la guerre
Post-Print, HAL View citations (5)
The Economics of the International Arms Trade
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
The Natural Rate Hypothesis and its Testable Implications
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (8)

1992

Estimating Long-Run Relationships From Dynamic Heterogeneous Panels
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (130)
See also Journal Article Estimating long-run relationships from dynamic heterogeneous panels, Journal of Econometrics, Elsevier (1995) View citations (3049) (1995)
The Interaction Between Theory and Observation in Economics
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (5)
Theory and Evidence in Economics
Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations (2)

1991

A European Defence Union
Post-Print, HAL View citations (23)
L'influence des estimations et des stratégies de l’État sur l’analyse économique de la détermination des dépenses militaires
Post-Print, HAL
Le secteur de la défense britannique. La facture de Milady
Post-Print, HAL View citations (1)

1990

The UK Defence Sector
Post-Print, HAL
Also in Post-Print, HAL (1990)
The impact of strategy and measurement on models of French military expenditure
Post-Print, HAL View citations (6)

1989

La création d’un Fonds International de Désarmement pour la développement: Ressources et contributions
Post-Print, HAL
The Phillips Curve and the Lucas Critique: Some Historical Evidence
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)

1987

Capital-labour substitution in defence provision
Post-Print, HAL View citations (75)
Emploi et défense
Post-Print, HAL
Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK
Post-Print, HAL View citations (20)
See also Chapter Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK, International Economic Association Series, Palgrave Macmillan (1987) View citations (20) (1987)
Weapons Procurement: Domestic Production versus Imports
Post-Print, HAL View citations (11)

1986

Le coût des forces nucléaires
Post-Print, HAL View citations (9)
The use of econometric models in the analysis of arms races and disarmament
Post-Print, HAL

1985

Analyse économique des dépenses militaires
Post-Print, HAL View citations (10)
Economie et pacifisme
Post-Print, HAL
Estimations macroéconomiques de l'impact des dépenses militaires sur les économies de la France et de la Grande-Bretagne
Post-Print, HAL View citations (1)
La comparaison des dépenses militaires de la France et du Royaume-Uni
Post-Print, HAL View citations (6)
La substitution capital travail dans les dépenses militaires
Post-Print, HAL
Le nucléaire militaire en France et en Grande-Bretagne
Post-Print, HAL
Les Industries d’armement de la France et du Royaume-Uni
Post-Print, HAL

Journal Articles

2025

Identifying and Exploiting Alpha in Linear Asset Pricing Models with Strong, Semi-Strong, and Latent Factors
Journal of Financial Econometrics, 2025, 23, (3), 103-126 View citations (1)
See also Working Paper Identifying and exploiting alpha in linear asset pricing models with strong, semi-strong, and latent factors, Papers (2024) (2024)

2024

Budgeting for defense in the United Kingdom
Economics of Peace and Security Journal, 2024, 19, (2), 5-21
Econometric Aspects of Convergence: A Survey
Open Economies Review, 2024, 35, (4), 701-721 View citations (2)
HIGH-DIMENSIONAL FORECASTING WITH KNOWN KNOWNS AND KNOWN UNKNOWNS
National Institute Economic Review, 2024, 267, 1-25
See also Working Paper High-Dimensional Forecasting with Known Knowns and Known Unknowns, CESifo Working Paper Series (2024) (2024)

2023

Arbitrage pricing theory, the stochastic discount factor and estimation of risk premia from portfolios
Econometrics and Statistics, 2023, 26, (C), 17-30 View citations (1)
See also Working Paper Arbitrage Pricing Theory, the Stochastic Discount Factor and Estimation of Risk Premia from Portfolios, CESifo Working Paper Series (2021) View citations (1) (2021)
Revisiting the Great Ratios Hypothesis
Oxford Bulletin of Economics and Statistics, 2023, 85, (5), 1023-1047 View citations (1)
See also Working Paper Revisiting the Great Ratios Hypothesis, Globalization Institute Working Papers (2023) View citations (1) (2023)

2021

China's money demand in a cointegrating vector error correction model
Journal of Asian Economics, 2021, 75, (C)

2020

Debt, Deficits and Defence: The UK Experience 1700-2016
Defence and Peace Economics, 2020, 31, (4), 414-422
Disability and multidimensional quality of life: A capability approach to health status assessment
Health Economics, 2020, 29, (7), 748-765 View citations (1)
See also Working Paper Disability and Multi-Dimensional Quality of Life: A Capability Approach to Health Status Assessment, IZA Discussion Papers (2019) (2019)
Military Expenditure, Investment and Growth
Defence and Peace Economics, 2020, 31, (6), 601-614 View citations (19)
See also Working Paper Military Expenditure, Investment and Growth, School of Economics Macroeconomic Discussion Paper Series (2019) View citations (8) (2019)

2019

A Bayesian analysis of linear regression models with highly collinear regressors
Econometrics and Statistics, 2019, 11, (C), 1-21 View citations (4)
Demographic Structure and Macroeconomic Trends
American Economic Journal: Macroeconomics, 2019, 11, (1), 193-222 View citations (140)
See also Working Paper Demographic Structure and Macroeconomic Trends, CESifo Working Paper Series (2016) View citations (17) (2016)
The Macroeconomic Impact of the Euro
Scientific Annals of Economics and Business (continues Analele Stiintifice), 2019, 66, (3), 229 - 249
Also in Scientific Annals of Economics and Business (continues Analele Stiintifice), 2019, 66, (si), 229 - 249 (2019)
See also Working Paper The macroeconomic impact of the euro, BCAM Working Papers (2019) (2019)

2018

Issues in the quantitative analysis of the SIPRI arms industry database
Economics of Peace and Security Journal, 2018, 13, (2), 11-18 View citations (3)
Tests of Policy Interventions in DSGE Models
Oxford Bulletin of Economics and Statistics, 2018, 80, (3), 457-484 View citations (1)
See also Working Paper Tests of Policy Interventions in DSGE Models, BCAM Working Papers (2017) (2017)

2017

Factor Models in Panels with Cross-sectional Dependence: An Application to the Extended SIPRI Military Expenditure Data
Defence and Peace Economics, 2017, 28, (4), 437-456 View citations (14)
See also Working Paper Factor models in panels with cross-sectional dependence: an application to the extended SIPRI military expenditure data, Birkbeck Working Papers in Economics and Finance (2016) View citations (3) (2016)
Medium-Run Implications of Changing Demographic Structures for the Macro-Economy
National Institute Economic Review, 2017, 241, (1), R58-R64 View citations (3)
Also in National Institute Economic Review, 2017, 241, R58-R64 (2017)
Military Expenditure Data: Theoretical and Empirical Considerations
Defence and Peace Economics, 2017, 28, (4), 422-428 View citations (11)
On the heterogeneous consequences of civil war
Oxford Economic Papers, 2017, 69, (3), 550-568 View citations (29)

2016

Counterfactual analysis in macroeconometrics: An empirical investigation into the effects of quantitative easing
Research in Economics, 2016, 70, (2), 262-280 View citations (43)
See also Working Paper Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing, Birkbeck Working Papers in Economics and Finance (2014) View citations (7) (2014)
The evolution of concentration in the arms market
Economics of Peace and Security Journal, 2016, 11, (1), 12-17 View citations (3)

2014

Constructing Multi-Country Rational Expectations Models
Oxford Bulletin of Economics and Statistics, 2014, 76, (6), 812-840 View citations (23)
Signs of impact effects in time series regression models
Economics Letters, 2014, 122, (2), 150-153 View citations (23)
See also Working Paper Signs of Impact Effects in Time Series Regression Models, CESifo Working Paper Series (2013) View citations (4) (2013)
The economic costs of military conflict
Journal of Peace Research, 2014, 51, (2), 245-256 View citations (32)

2013

On Identification of Bayesian DSGE Models
Journal of Business & Economic Statistics, 2013, 31, (3), 300-314 View citations (60)
See also Working Paper On Identification of Bayesian DSGE Models, IZA Discussion Papers (2011) View citations (8) (2011)
The defense industry in an age of austerity
Economics of Peace and Security Journal, 2013, 8, (1), 18-22 View citations (1)

2012

Review of Microfit5
Econometric Reviews, 2012, 31, (2), 241-244

2011

BEYOND THE DSGE STRAITJACKET-super-1
Manchester School, 2011, 79, (s2), 5-16 View citations (9)

2010

MILITARY EXPENDITURE AND GRANGER CAUSALITY: A CRITICAL REVIEW
Defence and Peace Economics, 2010, 21, (5-6), 427-441 View citations (35)
See also Working Paper Military Expenditure and Granger Causality: A Critical Review, Working Papers (2010) View citations (36) (2010)
Random coefficients models of arms imports
Economic Modelling, 2010, 27, (6), 1522-1528 View citations (5)

2009

Identification of New Keynesian Phillips Curves from a Global Perspective
Journal of Money, Credit and Banking, 2009, 41, (7), 1481-1502 View citations (10)
Also in Journal of Money, Credit and Banking, 2009, 41, (7), 1481-1502 (2009) View citations (71)
See also Working Paper Identification of New Keynesian Phillips Curves from a Global Perspective, Cambridge Working Papers in Economics (2008) View citations (83) (2008)
Keynes, investment, unemployment and expectations
International Review of Applied Economics, 2009, 23, (4), 427-444 View citations (17)
Pairwise Tests of Purchasing Power Parity
Econometric Reviews, 2009, 28, (6), 495-521 View citations (57)

2008

Global Factors, Unemployment Adjustment and the Natural Rate
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2008, 2, 1-29 View citations (7)
See also Working Paper Global Factors, Unemployment Adjustment and the Natural Rate, Economics Discussion Papers (2007) View citations (8) (2007)
THE DEMAND FOR MILITARY EXPENDITURE IN DEVELOPING COUNTRIES: HOSTILITY VERSUS CAPABILITY
Defence and Peace Economics, 2008, 19, (4), 293-302 View citations (52)
See also Working Paper The Demand for Military Expenditure in Developing Countries: Hostility versus Capability, Working Papers (2007) View citations (1) (2007)

2007

DETERMINING THE DEFENCE INDUSTRIAL BASE
Defence and Peace Economics, 2007, 18, (3), 199-221 View citations (11)
Institutions and inflation persistence in the Caribbean
Applied Economics Letters, 2007, 14, (4), 283-286 View citations (5)
What if the UK or Sweden had joined the euro in 1999? An empirical evaluation using a Global VAR
International Journal of Finance & Economics, 2007, 12, (1), 55-87 View citations (109)

2006

MACROECONOMETRIC MODELLING WITH A GLOBAL PERSPECTIVE*
Manchester School, 2006, 74, (s1), 24-49 View citations (109)
See also Working Paper Macroeconometric Modelling with a Global Perspective, IEPR Working Papers (2006) View citations (107) (2006)
Managing asymmetric conflict
Oxford Economic Papers, 2006, 58, (2), 183-208 View citations (8)
See also Working Paper Managing Asymmetric Conflict, Studies in Economics (2004) (2004)
Monetary regimes and inflation in 12 Caribbean economies
Journal of Economic Studies, 2006, 33, (2), 96-107 View citations (1)
Unobserved heterogeneity in panel time series models
Computational Statistics & Data Analysis, 2006, 50, (9), 2361-2380 View citations (135)
See also Working Paper Unobserved Heterogeneity in Panel Time Series Models, Birkbeck Working Papers in Economics and Finance (2004) View citations (14) (2004)

2005

Capabilities and Well-Being: Evidence Based on the Sen–Nussbaum Approach to Welfare
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2005, 74, (1), 9-55 View citations (78)
See also Working Paper Capabilities and Wellbeing: Evidence Based on the Sen-Nussbaum Approach to Welfare, Open Discussion Papers in Economics (2004) View citations (17) (2004)
Is there an Arms Race between Greece and Turkey?
Peace Economics, Peace Science, and Public Policy, 2005, 11, (2), 140-174 View citations (13)
MODELS OF MILITARY EXPENDITURE AND GROWTH: A CRITICAL REVIEW
Defence and Peace Economics, 2005, 16, (6), 449-461 View citations (265)
See also Working Paper Models of Military Expenditure and Growth: A Critical Review, Working Papers (2004) View citations (24) (2004)
The Demand for Arms Imports
Journal of Peace Research, 2005, 42, (2), 167-181 View citations (19)

2002

Comments on 'The state of macroeconomic forecasting'
Journal of Macroeconomics, 2002, 24, (4), 491-493
MILITARY SPENDING, INVESTMENT AND ECONOMIC GROWTH IN SMALL INDUSTRIALISING ECONOMIES
South African Journal of Economics, 2002, 70, (5), 789-790 View citations (45)
Peter Kennedy’s Sinning in the Basement: A Comment
Journal of Economic Surveys, 2002, 16, (4), 611-613

2001

Equilibrium Cost Overruns
Annals of Economics and Finance, 2001, 2, (2), 401-414 View citations (2)
Real Exchange Rate Effects on the Balance of Trade: Cointegration and the Marshall-Lerner Condition
International Journal of Finance & Economics, 2001, 6, (3), 187-200 View citations (116)
The International Arms Industry Since the End of the Cold War
World Economics, 2001, 2, (3), 155-166 View citations (5)

2000

Arms Export Controls and Proliferation
Journal of Conflict Resolution, 2000, 44, (6), 885-895 View citations (15)
Arms export controls and emerging domestic producers
Defence and Peace Economics, 2000, 11, (3), 505-531 View citations (7)
Editorial Introduction: Arms Exports, Controls and Production
Defence and Peace Economics, 2000, 11, (3), 443-444
The Arms Trade Game: From Laissez-Faire to a Common Defence Policy
Oxford Economic Papers, 2000, 52, (2), 357-80 View citations (9)
The Prisoner's Dilemma and Regime-Switching in the Greek-Turkish Arms Race
Journal of Peace Research, 2000, 37, (6), 737-750 View citations (17)
The econometrics of arms races
Defence and Peace Economics, 2000, 11, (1), 31-43 View citations (11)

1999

Saving, Investment, and Capital Mobility in LDCs
Review of International Economics, 1999, 7, (4), 632-40 View citations (49)
See also Working Paper Saving, Investment and Capital Mobility in LDCs, Archive Discussion Papers (1996) View citations (3) (1996)
Testing for Purchasing Power Parity: Econometric Issues and an Application to Developing Countries
Manchester School, 1999, 67, (3), 287-303 View citations (24)
Unit roots and all that: the impact of time-series methods on macroeconomics
Journal of Economic Methodology, 1999, 6, (2), 239-258 View citations (4)

1998

Emergent policy-making with macroeconometric models
Economic Modelling, 1998, 15, (3), 429-442 View citations (6)
Growth Empirics: A Panel Data Approach—A Comment
The Quarterly Journal of Economics, 1998, 113, (1), 319-323 View citations (101)
Prices and quantities in the arms trade
Defence and Peace Economics, 1998, 9, (3), 223-236 View citations (5)
Quantitative Methods in Peace Research
Journal of Peace Research, 1998, 35, (4), 419-427 View citations (8)
Structural Analysis of Cointegrating VARs
Journal of Economic Surveys, 1998, 12, (5), 471-505 View citations (191)
See also Working Paper Structural Analysis of Cointegrating VARs, Cambridge Working Papers in Economics (1998) View citations (198) (1998)
The Feldstein-Horioka Puzzle and Capital Mobility: A Review
International Journal of Finance & Economics, 1998, 3, (2), 169-88 View citations (154)

1997

Growth and Convergence in Multi-country Empirical Stochastic Solow Model
Journal of Applied Econometrics, 1997, 12, (4), 357-92 View citations (327)
See also Working Paper Growth and Convergence in a Multi-Country Empirical Stochastic Solow Model, Working Papers (1996) View citations (12) (1996)
The English Football Industry: profit, performance and industrial structure
International Review of Applied Economics, 1997, 11, (1), 135-153 View citations (117)
See also Chapter The English Football Industry: Profit, Performance and Industrial Structure, Palgrave Macmillan Books, 2010, 1-26 (2010) View citations (7) (2010)
The arms trade
Economic Policy, 1997, 12, (25), 336-370 View citations (29)
The arms trade and the stability of regional arms races
Journal of Economic Dynamics and Control, 1997, 21, (2-3), 631-654 View citations (13)

1996

Current Account Solvency and the Feldstein-Horioka Puzzle
Economic Journal, 1996, 106, (436), 620-27 View citations (161)

1995

Estimating long-run relationships from dynamic heterogeneous panels
Journal of Econometrics, 1995, 68, (1), 79-113 View citations (3049)
See also Working Paper Estimating Long-Run Relationships From Dynamic Heterogeneous Panels, Cambridge Working Papers in Economics (1992) View citations (130) (1992)
Executive Pay and Performance: The Empirical Importance of the Participation Constraint
International Journal of the Economics of Business, 1995, 2, (3), 485-495 View citations (5)
The Arms Trade and Arms Control
Economic Journal, 1995, 105, (429), 471-84 View citations (27)
The role of theory in econometrics
Journal of Econometrics, 1995, 67, (1), 61-79 View citations (46)

1994

Is Military Spending a Burden? A 'Marxo-Marginalist': Response
Cambridge Journal of Economics, 1994, 18, (5), 515-21 View citations (5)

1991

Measuring the Peace Dividend in the United Kingdom
Journal of Peace Research, 1991, 28, (4), 345-358 View citations (15)
Military spending dynamics in a changing strategic environment
Fiscal Studies, 1991, 12, (1), 29-43
On Error Correction Models: Specification, Interpretation, Estimation
Journal of Economic Surveys, 1991, 5, (1), 97-128 View citations (66)
Spurious Structural Stability
The Manchester School of Economic & Social Studies, 1991, 59, (4), 419-23 View citations (1)
The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange-Rate Regimes
American Economic Review, 1991, 81, (5), 1254-75 View citations (187)

1990

. by Nicole Ball. (London, Adamantine Press Limited, 1988, pp.432 £32.50)
Journal of International Development, 1990, 2, (1), 141-142
Defence procurement and industrial structure in the U.K
International Journal of Industrial Organization, 1990, 8, (2), 185-205 View citations (8)
The Warwick ESRC macroeconomic modelling bureau: An assessment
International Journal of Forecasting, 1990, 6, (3), 301-309 View citations (10)

1989

Models of Military Expenditure
Journal of Applied Econometrics, 1989, 4, (4), 345-59 View citations (54)

1985

Cross arbitrage and specification in exchange rate models
Economics Letters, 1985, 18, (4), 375-376 View citations (1)
Evaluation of macroeconometric models
Economic Modelling, 1985, 2, (2), 125-134 View citations (15)
Testing for Structural Stability and Predictive Failure: A Review
The Manchester School of Economic & Social Studies, 1985, 53, (3), 280-95 View citations (18)
The Economics of Exporting Arms
Journal of Peace Research, 1985, 22, (3), 239-247 View citations (72)

1984

Military expansion, economic decline:, Armonk, N. Y.: M. E. Sharpe, 1983. viii + 248 pp. (of which 138 pp. are tables). Cloth, $25.00; paper, $11.95
Journal of Comparative Economics, 1984, 8, (3), 335-337
Needs, Costs and Bureaucracy: The Allocation of Public Consumption in the UK
Economic Journal, 1984, 94, (373), 1-15 View citations (19)
The Economic Consequences of Reduced UK Military Expenditure
Cambridge Journal of Economics, 1984, 8, (3), 297-310 View citations (12)

1983

Military Expenditure and Growth in Less Developed Countries
Journal of Conflict Resolution, 1983, 27, (2), 335-353 View citations (117)
The allocative efficiency of government expenditure: Some comparative tests
European Economic Review, 1983, 20, (1-3), 381-394 View citations (11)

1982

Recession, the western economies, and the changing world order:, New York: St. Martin's Press, 1981. 181 pp., index. $22.50
Journal of Comparative Economics, 1982, 6, (4), 426-427

1980

Military expenditure and investment in OECD countries, 1954-1973
Journal of Comparative Economics, 1980, 4, (1), 19-32 View citations (68)
The Demand for Military Expenditure
Economic Journal, 1980, 90, (363), 811-20 View citations (56)
Also in Economic Journal, 1987, 97, (388), 989-90 (1987) View citations (4)

1978

Military Expenditure and Capitalism: A Reply
Cambridge Journal of Economics, 1978, 2, (3), 299-304 View citations (15)

1977

Military Expenditure and Capitalism
Cambridge Journal of Economics, 1977, 1, (1), 61-76 View citations (66)

1974

A Note on Car Replacement
The Review of Economic Studies, 1974, 41, (4), 567-570 View citations (1)

Books

2022

Defence Acquisition and Procurement
Cambridge Books, Cambridge University Press

2009

Military Economics
Palgrave Macmillan Books, Palgrave Macmillan

Chapters

2023

Economic Consequences of Global Tensions
Springer

2022

Government Debt, Deficits and Interest Rates 1870–2016
A chapter in Essays in Honor of M. Hashem Pesaran: Prediction and Macro Modeling, 2022, vol. 43A, pp 323-340

2021

The Challenge of Identification and the Value of Descriptive Evidence
Springer View citations (1)

2011

The Economics of Peacekeeping
Chapter 10 in Handbook on the Economics of Conflict, 2011 View citations (10)

2010

The English Football Industry: Profit, Performance and Industrial Structure
Palgrave Macmillan View citations (7)
See also Journal Article The English Football Industry: profit, performance and industrial structure, Taylor & Francis Journals (1997) View citations (117) (1997)

2007

The Econometrics of Military Arms Races
Elsevier View citations (12)

1996

The International Peace Dividend
A chapter in The Peace Dividend, 1996, pp 351-357
The Macroeconomics of the Peace Dividend in the UK
A chapter in The Peace Dividend, 1996, pp 117-135

1994

Measuring the Effects of Military Spending: Cross Sections or Time Series?
Palgrave Macmillan View citations (1)

1987

Defence and Employment in the UK and France: A Comparative Study of the Existing Results
Palgrave Macmillan
Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK
Palgrave Macmillan View citations (20)
See also Working Paper Time-series Estimates of the Macroeconomic Impact of Defence Spending in France and the UK, HAL (1987) View citations (20) (1987)

Editor

International Review of Applied Economics
Taylor & Francis Journals