Manchester School

1930 - 2025

Continuation of The Manchester School of Economic & Social Studies.

Current editor(s): Keith Blackburn

From University of Manchester
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2016, volume 84, articles S1

Finance, Labour, Capital, and International Integration pp. 1-14

Giuseppe Bertola

Much Ado about Something Important: How do Exchange Rate Movements Affect Inflation? pp. 15-41

Kristin Forbes

Testing Macro Models for Policy Use—An Insurrection in Applied Modelling pp. 42-55

A. Patrick Minford

Short-Run Dynamics of the Trade Balance in the Emu-12 Countries pp. 56-83

Mika Nieminen and Juha Junttila

The Portfolio Balance Mechanism and QE in the Euro Area pp. 84-105

Romanos Priftis and Lukas Vogel

2016, volume 84, articles 6

Military Buildups, Economic Development and Corruption pp. 697-722

Rajeev Goel and James Saunoris

Household Preferences and Joint Decisions on Employer-Provided Health Insurance Access pp. 723-748

Ji-Liang Shiu and Meng-Chi Tang

Entry Regulation, Public Ownership and TFP Growth: Industry-Level Evidence from South European Countries pp. 749-770

Sophia Dimelis and Sotiris Papaioannou

Labour Market Integration and Innovation: The Implications on Consumers pp. 771-794

Mehdi Chowdhury and Arijit Mukherjee

Source of Underestimation of the Monetary Policy Effect: Re-Examination of the Policy Effectiveness in Japan's 1990s pp. 795-810

Masahiko Shibamoto

2016, volume 84, articles 5

Monitoring Costs, Credit Constraints and Entrepreneurship pp. 573-599

Sanjay Banerji, Rajesh S. N. Raj and Kunal Sen

Subject-Specific League Tables and Students' Application Decisions pp. 600-620

Arnaud Chevalier and Xiaoxuan Jia

Agricultural Productivity, Infrastructures and the Optimal Timing of Opening Trade pp. 621-641

Keita Kamei and Hiroaki Sasaki

Does Daily Sunshine Make You Happy? Subjective Measures of Well-Being and the Weather pp. 642-663

Franz Buscha

Fertility and Female Labour Force Participation: Causal Evidence from Urban China pp. 664-674

Xiaobo He and Rong Zhu

Behavior-Based Price Discrimination with Experience Goods pp. 675-695

Hoe Sang Chung

2016, volume 84, articles 4

Business Cycle Spillovers in the European Union: What is the Message Transmitted to the Core? pp. 437-481

Nikolaos Antonakakis, Ioannis Chatziantoniou and George Filis

Price Discrimination in Quantity Setting Oligopoly pp. 482-505

Rajnish Kumar and Levent Kutlu

The Impact of the Euro on the Quality of Trade: Evidence from the European Union pp. 506-527

Tadashi Ito and Toshihiro Okubo

Monetary Policy Preferences of the EMU and the UK pp. 528-550

Philip Arestis, Michail Karoglou and Kostas Mouratidis

An Empirical Study of Commodity Prices after Sir Arthur Lewis pp. 551-571

Atanu Ghoshray and Ashira Perera

2016, volume 84, articles 3

Strategic Capacity Investment under Hold-up Threats: The Role of Contract Length and Width pp. 313-339

Laure Durand-Viel and Bertrand Villeneuve

Does the Excess Entry Theorem Hold in a Differentiated Oligopoly? pp. 340-362

Koichi Kagitani, Takao Ohkawa and Makoto Okamura

Democratic Reforms, Foreign Aid and Production Inefficiency pp. 363-389

Dimitris Christopoulos, Gregorios Siourounis and Irene Vlachaki

The Puzzling Fall of the Wage Skill Premium in Spain pp. 390-435

Florentino Felgueroso, Manuel Hidalgo and Sergi Jimenez-Martin

2016, volume 84, articles 2

Financial Constraints, Innovation Performance and Sectoral Disaggregation pp. 125-158

Georgios Efthyvoulou and Priit Vahter

The Impact of the Global Financial Crisis on Industry Growth pp. 159-180

Tomoe Moore and Ali Mirzaei

On the Relationship between Spillovers and Bundling pp. 181-196

Maria Plotnikova, Sudipta Sarangi and Sushmita Swaminathan

R&D Expenditures and Geographical Sales Diversification pp. 197-221

Christopher Baum, Mustafa Caglayan and Oleksandr Talavera

Subsidies for Renewable Energy Facilities under Uncertainty pp. 222-250

Roger Adkins and Dean Paxson

Can More Information About Rivals' Costs Decrease Welfare? pp. 251-269

Duarte Brito, Pedro Pereira and João Vareda

Branching Deregulation and Merger Optimality pp. 270-295

Ana Lozano-Vivas, Miguel Meléndez-Jiménez and Antonio Morales

Do Regularization Programs for Illegal Immigrants Have a Magnet Effect? Evidence from Spain pp. 296-311

Gemma Larramona and Marcos Sanso-Navarro

2016, volume 84, articles 1

Was Adam Smith Right? Evidence of Compensating Differential in CEO Pay pp. 1-24

Swarnodeep HomRoy

Investments, Financing Constraints and Buyouts: the Effect of Private Equity Investors on the Sensitivity of Investments to Cash Flow pp. 25-54

Elisa Ughetto

Utilizing Microsimulation to Estimate the Private and Fiscal Returns to Education: Ireland 1987–2011 pp. 55-80

Darragh Flannery and Cathal O'Donoghue

Welfare Policies, Relative Income and Majority Choice pp. 81-94

Felix FitzRoy and Michael Nolan

Applying the Lewis Model in Industrialized Countries: W. Arthur Lewis and the Dual Economy of Manchester in the 1950s pp. 95-124

Paul Mosley and Barbara Ingham

2015, volume 83, articles 6

Why does Public Investment Fail to Raise Economic Growth? The Role of Corruption pp. 623-651

M. Emranul Haque and Richard Kneller

Schedule Flexibility, Family Friendly Policies and Absence pp. 652-675

John Heywood and Laurie A. Miller

Synergy between an Improved Covariate Unit Root Test and Cross-sectionally Dependent Panel Data Unit Root Tests pp. 676-700

Kaddour Hadri, Eiji Kurozumi and Daisuke Yamazaki

Public Sector Pay in the UK: Quantifying the Impact of the Review Bodies pp. 701-724

Peter Dolton, Gerald Makepeace and Oscar Marcenaro-Gutierrez

Foreign Entry, Acquisition Target and Host Country Welfare pp. 725-748

Tarun Kabiraj and Uday Sinha

2015, volume 83, articles 5

A Generalized Bayesian Instrumental Variable Approach under Student t-distributed Errors with Application pp. 499-522

Matthew Salois and Kelvin Balcombe

Fiscal Policy, Institutional Quality and Central Bank Transparency pp. 523-545

Meixing Dai, Moise Sidiropoulos and Eleftherios Spyromitros

Endogenous Choice of Strategic Variables in an Asymmetric Duopoly with Respect to the Demand Functions that Firms Face pp. 546-567

Yasuhiko Nakamura

Foreign Direct Investment Entry Modes, Development and Technological Spillovers pp. 568-603

Isabel Alvarez, Raquel Marín and Francisco J. Santos-Arteaga

Losses from Horizontal Merger: an Extension to a Successive Oligopoly Model with Product Differentiation pp. 604-621

Ramon Fauli-Oller and Borja Mesa-Sánchez

2015, volume 83, articles 4

Gender Wage Gaps within a Public Sector: Evidence from Personnel Data pp. 379-397

Steve Bradley, Colin Green and John Mangan

Competition and Growth: Reinterpreting their Relationship pp. 398-422

Daria Onori

Direct and Indirect Influences of Parental Background on Children's Earnings: a Comparison across Countries and Genders pp. 423-450

Michele Raitano and Francesco Vona

Residential Construction Activity in OECD Economies pp. 451-474

Philip Arestis and Ana Rosa González-Martínez

Dynamic Incentives in Organizations: Success and Inertia pp. 475-497

Martin Ruckes and Thomas Rønde

2015, volume 83, articles 3

Coalitional Approaches to Collusive Agreements in Oligopoly Games pp. 253-287

Sergio Currarini and Marco Marini

Optimal Two-part Tariff Licensing Mechanisms pp. 288-306

Marta San Martín and Ana Saracho

Peer Salaries and Gender Differences in Job Satisfaction in the Workplace pp. 307-313

Karen Mumford and Peter Smith

Economic Growth under Stochastic Population and Pollution Shocks pp. 314-345

Théophile T. Azomahou, Tapas Mishra and Mamata Parhi

Do Multinational Enterprises Push up the Wages of Domestic Firms in the Italian Manufacturing Sector? pp. 346-378

Rosanna Pittiglio, Filippo Reganati and Edgardo Sica

2015, volume 83, articles 2

Macroprudential and Monetary Policy Rules: a Welfare Analysis pp. 127-152

Margarita Rubio and José Carrasco-Gallego

Influence, Interactions and Heterogeneity: Taking Personalities out of Monetary Policy Decision-making pp. 153-182

Arnab Bhattacharjee and Sean Holly

Insular Decision Making in the Board Room: Why Boards Retain and Hire Substandard CEOs pp. 183-216

Meg Adachi-Sato

Basel III: Long-term Impact on Economic Performance and Fluctuations pp. 217-251

Paolo Angelini, Laurent Clerc, Vasco Cúrdia, Leonardo Gambacorta, Andrea Gerali, Alberto Locarno, Roberto Motto, Werner Roeger, Skander Van den Heuvel and Jan Vlcek

2015, volume 83, articles 1

Patent Licensing with Bertrand Competitors pp. 1-16

Stefano Colombo and Luigi Filippini

Atypical Jobs: Stepping Stones or Dead Ends? Evidence from the NLSY79 pp. 17-55

John Addison, Chad Cotti and Christopher Surfield

Investor Cash Flow and Mutual Fund Behavior pp. 56-71

Xiangbo Liu, Zijun Liu and Zhigang Qiu

Asymmetric Complements in a Vertically Differentiated Market: Competition or Integration? pp. 72-100

Ornella Tarola and Cecilia Vergari

Okun's Law—a Meta-analysis pp. 101-126

Roger Perman, Gaetan Stephan and Christophe Tavera

2015, volume 83

Monetary Analysis and Monetary Policy Frameworks: Introduction pp. 1-4

David Cobham

Regulation and Sausages pp. 1-26

Douglas Gale

Inflation Persistence, Price Indexation and Optimal Simple Interest Rate Rules pp. 1-30

Guido Ascari and Nicola Branzoli

Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy? pp. 5-19

Benjamin M Friedman

Why Monetary Policy has Been Comparatively Ineffective? pp. 20-29

Charles Goodhart

Comparing Inflation and Price-Level Targeting: The Role of Forward Guidance and Transparency pp. 27-59

Seppo Honkapohja and Kaushik Mitra

Money and Inflation: Is Monetary Policy Useful? pp. 30-50

Atanas Christev and Yue Kang

The Hedgehog and the Fox: From DSGE to Macro-Pru pp. 31-55

Marcus Miller and Lei Zhang

An Empirical Sectoral Model of Unconventional Monetary Policy: The Impact of QE pp. 51-82

James Cloyne, Ryland Thomas, Alex Tuckett and Samuel Wills

Issues in the Design of Fiscal Policy Rules pp. 56-86

Jonathan Portes and Simon Wren-Lewis

How Did We Get to Where We Are Now? Reflections on 50 Years of Macroeconomic and Financial Econometrics pp. 60-82

Michael Wickens

Leverage Constraints and Real Interest Rates pp. 83-109

Jukka Isohätälä, Feodor Kusmartsev, Alistair Milne and Donald Robertson

Multiple Objectives in Monetary Policy: A De Facto Analysis for ‘Advanced’ Countries pp. 83-106

David Cobham

Balanced Budget Tax Cuts in a Liquidity-Constrained Economy pp. 87-119

Vivek Prasad

Population Growth and Human Capital: A Welfarist Approach pp. 110-141

Thomas I. Renström and Luca Spataro

Structural Reforms, Investment and Zero Lower Bound in a Monetary Union pp. 120-139

Andrea Gerali, Alessandro Notarpietro and Massimiliano Pisani

Conflicting Incentives for Public Support for EMU pp. 142-157

Brigitte Granville and Dominik Nagly