Oxford Economic Papers

1938 - 2025

Current editor(s): James Forder and Francis J. Teal

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1993, volume 45, articles 4

Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms pp. 519-41

Amartya Sen

Patronising Paternalism pp. 542-72

Paul Burrows

The Causes of Skill Shortages in Britain pp. 573-88

Jonathan Haskel and Christopher Martin

The Open Shop Union, Wages, and Management Opposition pp. 589-604

Robin Naylor and Oddbjørn Raaum

Interest Arbitrage and Debt Management in the UK under Fixed Exchange Rates pp. 605-17

Bob Nobay and P Michael

Real Business Cycles in a Keynesian Macro Model pp. 618-38

Howard F Naish

Direct Foreign Investment, Crowding Out, and Underemployment in the Dualistic Economy pp. 639-67

Edward F Buffie

Two-Season Subsistence Farming, Urban Food Subsidies and Optimal Agricultural Policy pp. 668-90

Robert Innes

1993, volume 45, articles 3

Long-Run Trends in the Relative Price of Primary Commodities and in the Terms of Trade of Developing Countries pp. 349-63

Michael Bleaney and Sir David Greenaway

Widening the Human Stomach: The Effect of New Consumer Goods on Economic Growth and Leisure pp. 364-86

Nicholas Oulton

Actual and Warranted Relations between Asset Prices pp. 387-402

Andrea E Beltratti and Robert Shiller

Tests of Mean-Variance Efficiency of International Equity Markets pp. 403-21

Charles Engel and Anthony Rodrigues

Pre-strike Ballots and Wage-Employment Bargaining pp. 422-39

Alan Manning

Sectoral Imbalance and Unemployment in the United Kingdom: 1963-84 pp. 440-56

George Evans

Unions and Wages in Public and Private Firms: A Game-Theoretic Analysis pp. 457-69

Gianni De Fraja

Efficiency Wages and Local versus Central Bargaining pp. 470-81

Asbjorn Rodseth

The Diverging Effects of the Business Cycle on the Expected Duration of Job-Search pp. 482-500

C. N. Teulings

Unproductive Migration Reconsidered: A Stochastic Frontier Production Function for Analyzing Internal Migration pp. 501-18

Andrew R Morrison

1993, volume 45, articles 2

Testing the Rational Expectations Hypothesis in Macroeconometric Models pp. 169-90

Ray Fair

Exchange Rates and Asymmetric Policy Regimes: When Does Exchange Rate Targeting Pay? pp. 191-206

Andrew Hughes Hallett

The Basic Macroeconomics of Debt Swaps pp. 207-28

Andres Velasco and Felipe Larrain

Human Capital, Property Rights, and Labour Managed Firms pp. 229-42

Jan Erik Askildsen and Norman J Ireland

Managing the Manager: An Application of the Principal Agent Model to the Hudson's Bay Company pp. 243-56

Ann Carlos and Stephen Nicholas

Price and Quantity Adjustment over the Business Cycle: Evidence from Survey Data pp. 257-68

V Bhaskar, Stephen Machin and Gavin Reid

Labour Supply with Quantity Constraints: Estimates from a Large Sample of Canadian Workers pp. 269-91

Lars Osberg and Shelley Phipps

What Determines Institutional Investment? An Examination of UK Pension Funds in the 1980s pp. 292-310

Elias Dinenis and Andrew Scott

Disequilibrium Growth Theory in an International Perspective pp. 311-31

Charles Marrewijk and Jos Verbeek

Measuring the Research Performance of UK Economics Departments: An Application of Data Envelopment Analysis pp. 332-47

Geraint Johnes and Jill Johnes

1993, volume 45, articles 1

Job Search in a Dynamic Environment--An Empirical Analysis pp. 1-22

Wiji Narendranathan

Reputation, Membership and Wages in Open Shop Trade Union pp. 23-41

Alison Booth and Monojit Chatterji

Reputation Effects with Imperfect Monitoring in Linear Quadratic Models pp. 42-57

Martin Cripps

Dynamic Decision Making under Uncertainty: An Experimental Study of the Dynamic Competitive Firm pp. 58-82

John Hey

Financial Liberalization and Foreign Portfolio Investment in the United Kingdom pp. 83-102

Nigel Pain

Content Protection with Foreign Capital pp. 103-17

Martin Richardson

Optimal Trade Policies: An Application to the UK Fertilizer Market pp. 118-29

Steve McCorriston and Ian Sheldon

Debt-Equity Swaps: Investment Incentive Effects and Secondary Market Prices pp. 130-47

Michael Bowe and James W Dean

The Irish Paper Pound of 1797-1820: Some Cliometrics of the Bullionist Debate pp. 148-56

Cormac Ó Gráda

Maximizing Seignorage Revenue during Temporary Suspensions of Convertibility: A Note pp. 157-68

Michael Bordo and Angela Redish

1992, volume 44, articles 4

On the Internationalization of Portfolios pp. 533-65

William C Brainard and James Tobin

Time-Varying Risk Perceptions and the Pricing of Risky Assets pp. 566-98

Benjamin M Friedman and Kenneth Kuttner

Measuring Efficiency and Risk in the Major Bond Markets pp. 599-625

Stephen Hall and David Miles

Speculative Bubbles and Financial Markets pp. 626-40

M C Adam and Ariane Szafarz

Smoothing Primary Exporters' Price Risks: Bonds, Futures, Options and Insurance pp. 641-71

Kenneth Kletzer, David M Newbery and Brian Wright

Optimal Financial Contracts pp. 672-93

Kevin Dowd

Asymmetric Information in Credit Markets and Its Implications for Macro-economics pp. 694-724

Joseph Stiglitz and Andrew Weiss

A Theory of Optimal Bank Size pp. 725-49

Stefan Krasa and Anne P Villamil

How Close Is Short-Run Co-ordination within Financial Groups? pp. 750-66

Carlo Monticelli

Deficits, Inflation, and the Banking System in Developing Countries: The Optimal Degree of Financial Repression pp. 767-90

Valerie Bencivenga and Bruce Smith

The European Monetary System: Credible at Last? pp. 791-816

Jeffrey Frankel and Steven Phillips

1992, volume 44, articles 3

Output, Inflation and Commodity Prices pp. 355-72

Thomas Moutos and David Vines

Output, Inflation and the ERM pp. 373-86

Donald Robertson and J Symons

Financial Liberalization: The Israeli Experience pp. 387-402

Oren Sussman

Macroeconomic Impacts of Energy Shocks pp. 403-25

Robert K Eastwood

UK Evidence on Breaking Trend Functions pp. 426-39

N W Duck

Wage Setting and Stabilization Policy in a Game with Renegotiation pp. 440-59

Edward Driffill and Christian Schultz

The Occupational Success of Young Men Who Left School at Sixteen pp. 460-79

Sara Connolly, John Micklewright and Stephen Nickell

Tropical Tree Crops, Credit and Moral Hazard pp. 480-93

Mark Gersovitz

Farm Size and Land Use Intensity in Indian Agriculture pp. 494-501

Rajan K Sampath

A Note on J. E. Woods' Determination of Rent pp. 502-06

Branko Horvat

Commercial Policy, the Terms of Trade, and Real Exchange Rates pp. 507-12

Michael Connolly and John Devereux

Monetary Policy Games and Private Sector Precommitment pp. 513-30

Robin Cubitt

1992, volume 44, articles 2

Imports, Output and the Demand for Manufactures pp. 175-86

Bob Anderton, Bahram Pesaran and Simon Wren-Lewis

Taxation and the Optimization of Oil Exploration and Production: The UK Continental Shelf pp. 187-208

Carlo Favero

Buffer Stock Money and the Company Sector pp. 209-31

Jonathan Ireland and Simon Wren-Lewis

Expected Inflation and Output Variability in Flexible Price and Contracting Models pp. 232-41

Giancarlo Marini and Pasquale Scaramozzino

Stable, Unstable, and Persistent Cyclical Behaviour in a Keynes-Wicksell Monetary Growth Model pp. 242-56

Reiner Franke

Imperfect Labour Markets, the Stock Market and the Inefficiency of Capitalism pp. 257-271

Alan Manning

Labor Market Discrimination, Imperfect Information and Self Employment pp. 272-88

Stephen Coate and Sharon Tennyson

The Service Flow from Consumption Goods with an Application to Friedman's Permanent Income Hypothesis pp. 289-305

K D Patterson

Domestic Content Requirements with Bilateral Monopoly pp. 306-16

John Beghin and Daniel Sumner

Tariffs and Welfare of an Exporting Country in a Free Entry Oligopoly under Integrated Markets pp. 317-21

Yasuhito Tanaka

Why Ireland Emigrated: A Positive Theory of Factor Flows pp. 322-40

Kevin O'Rourke

The CET-CES-Generalized Leontief Variable Profit Function: An Application to Indian Agriculture pp. 341-54

Behrman, Jere R, et al

1992, volume 44, articles 1

Sharing among Clubs: A Club of Clubs Theory pp. 1-19

Frederic P Sterbenz and Todd Sandler

Terms of Trade Disturbances, Real Exchange Rates, and Welfare: The Role of Capital Controls and Labor Market Distortions pp. 20-34

Sebastian Edwards and Jonathan Ostry

Consumer Price Perceptions and Expectations pp. 35-50

Peter Simmons and Daniel Weiserbs

The Logit as a Model of Product Differentiation pp. 51-67

Simon Anderson and André de Palma

A Note on Taxation, Imperfect Competition and the Balanced Budget Multiplier pp. 68-74

Hassan Molana and Thomas Moutos

A Search Model with Job Changing Costs: 'Eurosclerosis' and Unemployment pp. 75-88

Simon Burgess

Franco-British Comparisons of Women's Labour Supply and the Effects of Social Policies pp. 89-112

Shirley Dex and Patricia Walters

Local Authority Expenditure Decisions: A Maximum Likelihood Analysis of Budget Setting in the Face of Piecewise Linear Budget Constraints pp. 113-34

Richard R Barnett, Rosella Levaggi and Peter Smith

The Effects of Social, Political, and Economic Constraints on the Black African's Allocation of Time: Evidence from Oscillating Migrants in the Republic of South Africa pp. 135-65

David E Ault and Gilbert L Rutman

A Kaldorian Model of Growth and Development Revisited: Comment pp. 156-68

Amitava Dutt

A Kaldorian Model of Growth and Development Revisited: Rejoinder pp. 169-72

Anthony Thirlwall

Erratum: Labour Skills and Human Capital in the Explanation of Trade Patterns pp. 173

A S Courakis