Working Papers

From Business School - Economics, University of Glasgow
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2006_9: US Trade and Exchange Rate Volatility: A Real Sectoral Bilateral Analysis

Joseph Byrne, Julia Darby and Ronald MacDonald

2006_8: Reexamining the linkages between inflation and output growth: A bivariate ARFIMA-FIGARCH approach

Mustafa Caglayan and Feng Jiang

2006_7: Governance of the Regulatory Decision Making Process

B. Quinn

2006_6: Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers

Campbell Leith and Leopold von Thadden

2006_5: Maximising Seigniorage and Inflation Tax: The Case of Belarus

D r. (elect.) Julia Korosteleva

2006_4: The Belarusian Case of Transition: Whither Financial Repression?

Dr. (elect.) Julia Korosteleva and Colin Lawson

2006_3: International Convergence and Inequality of Human Development: 1975-2001

Farhad Noorbakhsh

2006_20: International Output Convergence: Evidence from an AutoCorrelation Function Approach

Giovanni Caggiano and Leone Leonida

2006_2: A note on the empirics of the neoclassical growth model

Giovanni Caggiano and Leone Leonida

2006_19: Exporting, R&D and Absorptive Capacity in UK Establishments: Evidence from the 2001 Community Innovation Survey

Richard Harris and Q Li

2006_18: Exporting, FDI, and Labour Demand Adjustment: Evidence from the UK Manufacturing

Q Li and Sourafel Girma

2006_17: Informal Labor Markets and Macroeconomic Fluctuations

Norbert Fiess, Marco Fugazza and William Maloney

2006_16: The Productivity Impact of Skills in English Manufacturing, 2001: Evidence from Plant-Level Matched Data

Richard Harris, Q Li and Catherine Robinson

2006_15: Monetary Policy Shocks and Stock Returns: Evidence from the British Market

Andros Gregoriou, Alexandros Kontonikas, Ronald MacDonald and Alberto Montagnoli

2006_14: A Restatement of the Case for Fiscal Autonomy (or: The Barnett Formula - a formula for Rake's Progress)

Paul Hallwood and Ronald MacDonald

2006_13: Monetary Policy and the Stock Market: Some International evidence

Luis Angeles

2006_12: Monetary Policy and the Stock Market: Some International evidence

Christos Ioannidis and Alexandros Kontonikas

2006_11: Fiscal Sustainability in a New Keynesian Model

Campbell Leith and Simon Wren-Lewis

2006_10: Unit Roots and Structural Breaks: A Survey of the Literature

Joseph Byrne and Roger Perman

2006_1: Uncertainty Determinants of Corporate Liquidity

Christopher Baum, Mustafa Caglayan, Andreas Stephan and Oleksandr Talavera

2005_9: Optimal Monetary Policy and Asset Price Misalignments

Alexandros Kontonikas and Alberto Montagnoli

2005_8: Human Development and the World Bank Adjustment Programmes in Sub-Saharan Africa

Farhad Noorbakhsh and Shadan Noorbakhsh

2005_7: Nelson-Plosser Revisited: the ACF Approach

Karim Abadir, Giovanni Caggiano and Gabriel Talmain

2005_6: Bargining and Investment

Francesca Flamini

2005_5: Strategic Effects and Incentives in Multi-issue Bargaining Games

Francesca Flamini

2005_4: The New Growth Theoris and their Empirics

Rosa Capolupo

2005_3: Openness and growth in alternative trading regimes.Evidence from EEC and CMEA’s customs unions

Rosa Capolupo and Giuseppe Celi

2005_27: The second moments matter: The response of bank lending behaviour to macroeconomic uncertainty

Christopher Baum, Mustafa Caglayan and Neslihan Ozkan

2005_26: The Impact of Macroeconomic Uncertainty onNon-Financial Firms’ Demandf or Liquidity

Christopher Baum, Mustafa Caglayan, Neslihan Ozkan and Oleksandr Talavera

2005_25: CADAVERIC VS. LIVE-DONOR KIDNEY TRANSPLANTS: THE INTERACTION OF INSTITUTIONS AND INEQUALITY

Nejat Anbarci and Mustafa Caglayan

2005_24: Financing Options for Devolved Government in the UK

James Gallagher and Daniel Hinze

2005_23: The Costs of Fiscal Inflexibility - Extended

Campbell Leith and Simon Wren-Lewis

2005_22: Fundamental Volatility is Regime Specific

Ivo Arnold, Ronald MacDonald and Casper de Vries

2005_21: Fiscal Federalism and Fiscal Consolidation: Evidence from an Event Study

Julia Darby, Vito Muscatelli and Graeme Roy

2005_20: Macroeconomic Adjustment in the Euro-area: The Role of Fiscal Policy

Vito Muscatelli, Tiziano Ropele and Patrizio Tirelli

2005_2: APPLICATION OF THE KALMAN FILTER FOR ESTIMATING CONTINUOUS TIME TERM STRUCTURE MODELS: THE CASE OF UK AND GERMANY

Somnath Chatterjee

2005_19: Fiscal and Monetary policy Interactions in a New Keynesian Model with Liquidity Constraints

Vito Muscatelli, Patrizio Tirelli and Carmine Trescroci

2005_18: How do Sub-Central Government react to cuts in grants received from Central Governments Evidence from a Panel of 15 OECD Countries

Julia Darby, Vito Muscatelli and Graeme Roy

2005_17: Analyzing the Interaction of Monetary and Fiscal Policy: Does Fiscal Policy Play a Valuable Role in Stabilisation?

Vito Muscatelli and Patrizio Tirelli

2005_16: Regime-Switching in Exchange Rate Policy and Balance Sheet Effects

Norbert Fiess and Rashmi Shankar

2005_15: Exchange Rate Appreciations, Labor Market Rigidities, and Informality

Norbert Fiess, Marco Fugazza and William Maloney

2005_14: Business Cycle Synchronization and Regional Integration: A Case Study for Central America

Norbert Fiess

2005_13: The EURO and Inflation Uncertainty In The EMU

Guglielmo maria Coporale and Alexandros Kontonikas

2005_12: Modeling The Non-Linear Behaviour of Inflation Deviations From The Target

Andros Gregoriou and Alexandros Kontonikas

2005_11: Stock Returns and Inflation: The Impact of Inflation Targeting

Alexandros Kontonikas, Alberto Montagnoli and Nicola Spagnolo

2005_10: Inflation Targeting and the Stationarity of Inflation: New Results from an ESTAR Unit Root Test

Andros Gregoriou and Alexandros Kontonikas

2005_1: AN INVESTIGATION INTO THE LINKAGES BETWEEN EURO AND STERLING SWAP SPREADS

Somnath Chatterjee

2004_7: Should the Exchange Rate be in the Monetary Policy Objective Function?

Tatiana Kirsonova, Campbell Leith and Simon Wren-Lewis

2004_6: The importance of a better design of conditionality for improving implementation of World Bank-supported reforms: The case of Sub-Saharan African countries

Paul Mosley, Farhad Noorbakhsh and Alberto Paloni

2004_5: Spatial inequality and polarisation in India

Farhad Noorbakhsh