Scottish Journal of Political Economy

1954 - 2025

Current editor(s): Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

From Scottish Economic Society
Contact information at EDIRC.
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A Common Monetary Standard or a Common Currency for Europe? Fiscal Lessons from the United States pp. 337-57: Ronald McKinnon
On the Influence of Pay-As-You-Go Financed Pension Systems on Saving: The Role of Stability pp. 358-71: Klaus Jaeger
Simple Rules, Fiscal Policy and Wealth Targets in a Monetary Union. An Alternative to the Maastricht Guidelines pp. 372-93: M Lossani and Patrizio Tirelli
Reciprocating Monads: Individuals, The Wealth of Nations, and the Dream of Economic Science pp. 394-415: Robert Urquhart
Keynes and the Keynesians on the Fisher Effect pp. 416-33: Allin Cottrell
Central Banks' Independence: Institutional Determinants, Rankings and Central Bankers' Views pp. 434-43: Donato Masciandaro and Franco Spinelli
The Wage Effect of YTS: Evidence from YCS pp. 444-53: Peter Dolton, Gerald Makepeace and John G Treble
Pensions and Compensating Wage Variations pp. 454-63: John Creedy
A Generalised Lorenz Curve Approach to Explaining the Upward Movement in Women's Relative Earnings in Britain during the 1970s pp. 464-76: Peter Sloane and Ioannis Theodossiou

A Multi-sector Model of LDC pp. 225-55: Prabir C Bhattacharya
The External Constraint and Short-Run Macroeconomic Policy: Theory with an Application to Argentina, Brazil and Mexico pp. 256-77: Alberto Paloni
Discharge Taxes When Regulatory Jurisdiction Is Incomplete: A Simple Application of the Theory of the Second Best pp. 278-85: Anthony Heyes
Cointegration, Causality and Wagner's Law: A Test for Britain 1870-1913 pp. 286-98: Les Oxley
Adam Smith on Justice and Distribution in Commercial Societies pp. 299-313: John Salter
Crime and Unemployment in Scotland: Some Further Results pp. 314-24: David Pyle and Derek Deadman
Cultural Economics and Museum Behaviour pp. 325-35: Bruno Frey

The Dynamics of Aggregate Consumption in an Open Economy Life Cycle Model pp. 113-27: John Ermisch and Peter Westaway
The Effect of Size on pp. 128-41: Chris Milner and Tony Westaway
Monetary Policy and Asymmetrical Fiscal Policy in a Jointly Floating Currency Area pp. 142-62: Phillip Lawler
The Regional Dimension of Takeover Activity in the United Kingdom pp. 163-75: Brian Ashcroft, Barbara Coppins and Robert Raeside
Causality and Determinism in Economics pp. 176-93: Stavros Drakopoulos and Thomas S Torrance
A Cost Function Approach to the Choice between Private and Public Acute Health Care Provision pp. 194-211: Ian D McAvinchey and Andreas Yannopoulos
The Macroeconomic Consequences of Discontinuous Adjustment: Selective Memory of Non-dominated Extrema pp. 212-21: Rod Cross

Modelling Linear Dynamic Econometric Systems pp. 1-33: David Hendry and Jurgen Doornik
The Measurement Problem in Economics pp. 34-42: Meghnad Desai
Earnings, Unemployment and Contiguity: Evidence from British Counties 1976-1992 pp. 43-68: Neil Manning
Production Gains: Should They Count in Health Care Evaluations? pp. 69-84: Jan Abel Olsen
How Much Europe? Subsidiarity, Centralization and Fiscal Competition pp. 85-107: Hans-Werner Sinn

Familia Oeconomica: A Survey of the Economics of the Family pp. 353-74: John Ermisch
Local Wages and the Role of Unemployment pp. 375-90: Ian Molho
The Impact of Credit Constraints, Interest Rates and Housing Equity Withdrawal on the Intertemporal Pattern of Consumption--A Diagrammatic Analysis pp. 391-407: Kerry D Patterson
Profit-Shifting Export Subsidies and the Sustainability of Free Trade pp. 408-19: David Collie
Franchising Passenger Rail pp. 420-33: Antony Dnes
Can Performance Monitoring Solve the Public Services' Principal-Agent Problem? pp. 434-46: David K Whynes
Two Cheers for Touts pp. 447-55: Stuart E Thiel
Gershom Carmichael on 'Demand' and 'Difficulty of Acquiring': Some Evidence from the First Edition of Carmichael's Commentary to Pufendorf's De Officio pp. 456-70: Nerio Naldi
Knut Wicksell: Real Business Cycle Theorist pp. 471-76: Tony Caporale

Skill Shortages in Britain pp. 241-71: Derek Bosworth
Pricing Dynamics with Non-instantaneous Quantity Adjustment pp. 272-82: John Hudson
On the Non Uniqueness of Competitive Equilibrium with an Intensive Margin pp. 283-94: Felix FitzRoy
The Allocation of Public Expenditure between the Countries of the United Kingdom: An Application of the Error Correction Mechanism pp. 295-310: Vani Borooah and M F Smyth
Seasonality, Cointegration and Error Correction: An Illustration Using South African Monetary Data pp. 311-22: Stan Hurn
Integration of Product Markets and Lower Welfare in an Economy with Centralized Wage Setting pp. 323-29: Jan Rose Sorensen
Duality Theory and Value Constraint pp. 330-34: Rolf Fare and James Logan
The Role of Income in the Consumption Function: A Review of On-Going Developments pp. 335-52: Hassan Molana

Political and Economic Causes of the Economic Slowdown pp. 129-42: R C O Matthews
A Structural Vector Autoregression Model of the UK Business Cycle pp. 143-64: Paul Turner
The Strategic Use of Inventories in an Infinite Horizon Model of Wage and Employment Bargaining pp. 165-83: Simon Clark
Multivariate Cointegration and Error Correction Models: An Application to Manufacturing Activity in Australia pp. 184-98: Jeremy Smith and Jim Hagan
Shadow Pricing with Price Controls pp. 199-209: Ivy Papps
Adam Smith and Isaac Newton pp. 210-30: Deborah A Redman

An Econometric Analysis of Foreign Direct Investment in the United Kingdom pp. 1-23: Nigel Pain
Changes in Regime and the Risks in Stabilising Speculative Markets pp. 24-42: Andrew Hughes Hallett
Regional House Prices in Britain: Long-Run Relationships and Short-Run Dynamics pp. 43-55: Ronald McDonald and Mark Taylor
Fiscal Dependence on Trade Taxes and Economic Development: Some New Evidence pp. 56-68: Norman Gemmell
Efficiency and Distributional Aspects of Market Mechanisms in the Control of Pollution: An Empirical Analysis pp. 69-87: Nick Hanley and Ian Moffatt
Philosophical Perceptions and the Precepts of Political Economy: Friedrich Hayek and John Maynard Keynes pp. 88-103: G. Steele
Bidding for Commercial Broadcasting: An Analysis of UK Experience pp. 104-15: Antony Dnes
Multinational Firm, Foreign Production, and Hedging Behaviour pp. 116-23: Udo Broll and Jack E Wahl