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Centre for Growth and Business Cycle Research Discussion Paper Series

From Economics, The University of Manchester
Contact information at EDIRC.

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193: Entry and Exit with Financial Frictions Downloads
Patrick Macnamara
192: Unit Total Costs: An Alternative Marginal Cost Proxy for Inflation Dynamics Downloads
George Bratsiotis and Wayne Robinson
191: Sudden Floods, Macroprudential Regulation and Stability in an Open Economy Downloads
Pierre-Richard Agénor, Koray Alper and Luiz Awazu Pereira da Silva
190: Entrepreneurs, Risk Aversion and Dynamic Firms Downloads
Kyriakos C. Neanidis and Maria Paola Rana
189: Entrepreneurs, Risk Aversion and Dynamic Firms Downloads
Neus Herranz,, Stefan Krasa, and Anne P. Villamil
188: Is the Growth Effect of Financial Development Conditional on Technological Innovation? Downloads
Arshad Bhatti, M. Emranul Haque and Denise Osborn
187: Institutions and Financial Dollarization: Indirect Effects based on a Policy Experiment Downloads
Kyriakos Neanidis and Christos Savva
186: On the fragility of sunspot equilibria under learning and evolutionary dynamics Downloads
Michele Berardi
185: Macroprudential Regulation and the Monetary Transmission Mechanism Downloads
Pierre-Richard Agénor and Luiz Awazu Pereira da Silva
184: Loan Loss Provisioning Rules, Procyclicality, and Financial Volatility Downloads
Pierre-Richard Agénor and Roy Zilberman
183: 'Excess Reserves, Monetary Policy and Financial Volatility Downloads
Keyra Primus
182: Fearing the Worst: The Importance of Uncertainty for Inequality Downloads
Keith Blackburn and David Chivers
181: Child Labor, Intra-Household Bargaining and Economic Growth Downloads
Pierre-Richard Agénor and Baris Alpaslan
180: Why is it so Difficult and Complex to Solve the Euro Problem? Downloads
Sakir Yilmaz and Burak Saltoğlu
179: Unproductive Education in a Model of Corruption and Growth Downloads
M. Emranul Haque and Babar Hussain
178: Unproductive Education in a Model of Corruption and Growth Downloads
M. Emranul Haque
177: On the plausibility of adaptive learning in macroeconomics: A puzzling conflict in the choice of the representative algorithm Downloads
Michele Berardi and Jaqueson Galimberti
176: The Effects of Credit Subsidies on Development Downloads
António Antunes, Tiago Cavalcanti and Anne Villamil
175: On the initialization of adaptive learning algorithms: A review of methods and a new smoothing-based routine Downloads
Michele Berardi and Jaqueson Galimberti
174: Estimation and Inference in Unstable Nonlinear Least Squares Models Downloads
Otilia Boldea and Alastair Hall
173: Inference on Structural Breaks using Information Criteria Downloads
Alastair Hall, Denise Osborn and Nikolaos D. Sakkas
172: Credit Frictions, Collateral and the Cyclical Behaviour of the Finance Premium Downloads
Pierre-Richard Agénor, George Bratsiotis and Damjan Pfajfar
171: What is Driving Financial Dollarization in Transition Economies? A Dynamic Factor Analysis Downloads
N Kishor and Kyriakos Neanidis
170: A note on exact correspondences between adaptive learning algorithms and the Kalman filter Downloads
Michele Berardi and Jaqueson Galimberti
169: A Computable OLG Model for Gender and Growth Policy Analysis Downloads
Pierre-Richard Agénor
168: Endogenous time-varying risk aversion and asset return Downloads
Michele Berardi
167: Macroeconomic Instability and the Incentive to Innovate Downloads
Serena Masino
166: Sudden Floods, Macroprudential Regulation and Stability in an Open Economy Downloads
Pierre-Richard Agénor, Koray Alper and Luiz Awazu Pereira da Silva
165: Simple Dynamics of Public Debt with Productive Public Goods Downloads
Pierre-Richard Agénor and Sakir Yilmaz
164: Demographic Transition and Economic Welfare: The Role of Humanitarian Aid Downloads
Stephen Miller and Kyriakos Neanidis
163: Crime, Fertility, and Economic Growth: Theory and Evidence Downloads
Kyriakos Neanidis and Vea Papadopoulou
162: Why Public Investment fails to raise economic growth in some countries?: The role of corruption Downloads
M. Emranul Haque and Richard Kneller
161: Supply Shocks and the Cyclical Behaviour of Bank Lending Rates under the Basel Accords Downloads
Roy Zilberman
160: Heterogeneous sunspots solutions under learning and replicator dynamics Downloads
Michele Berardi
159: Improving the reliability of real-time Hodrick-Prescott filtering using survey forecasts Downloads
Jaqueson Galimberti and Marcelo Moura
158: Foreign aid - a fillip for development or a fuel for corruption? Downloads
Keith Blackburn and Gonzalo Forgues-Puccio
157: Strategic interactions, incomplete information and learning Downloads
Michele Berardi
155: On the stability properties of optimal interest rules under learning Downloads
Michele Berardi
154: Capital Regulation, Monetary Policy and Financial Stability Downloads
Pierre-Richard Agénor, Koray Alper and Luiz Awazu Pereira da Silva
153: Business Cycle Synchronization Since 1880 Downloads
Michael Artis, George Chouliarakis and Pkg Harischandra
152: Financial Integration and the Construction of Historical Financial Data for the Euro Area Downloads
Heather Anderson, Mardi Dungey, Denise Osborn and Farshid Vahid
151: A Kernel Technique for Forecasting the Variance-Covariance Matrix Downloads
Ralf Becker, Adam Clements and Robert O'Neill
150: A New Keynesian Model with Heterogeneous Price Setting Downloads
Paul Middleditch
149: A Cholesky-MIDAS model for predicting stock portfolio volatility Downloads
Ralf Becker, Adam Clements and Robert O'Neill
148: Heterogeneous learning dynamics and speed of convergence Downloads
Michele Berardi
147: Real-Time, Adaptive Learning via Parameterized Expectations Downloads
Michele Berardi and John Duffy
146: Nominal Uncertainty and Inflation: The Role of European Union Membership Downloads
Kyriakos Neanidis and Christos Savva
145: Macroeconomic Uncertainty, Inflation and Growth: Regime-Dependent Effects in the G7 Downloads
Kyriakos Neanidis and Christos Savva
144: Colonialism, Elite Formation and Corruption Downloads
Luis Angeles and Kyriakos Neanidis
143: Financial Dollarization and European Union Membership Downloads
Kyriakos Neanidis
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