Working Papers

From Queen Mary University of London, School of Economics and Finance
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285: Balanced Equilibrium: A Theory of Behaviour in Games

Marco Mariotti

284: On the Decision Theoretic Foundations of Game Theory

Marco Mariotti

283: A Difficulty with the Theory of Social Situations

Marco Mariotti

282: The Econometrics of Panel Data: A Selective Introduction

Giovanni Urga

281: Money Demand in China: The Effect of Economic Reform

D.Quo, T. Wang, M. Zhou and G. Liu

280: On Commons' Tragedies and Myopic Preemption: the Case of a Fishery

J. Pena

279: Deficits, Money Growth and Inflation in Italy 1865-1990

Carlo Favero and F. Spinelli

278: Natural Disasters in Latin America: Economic Patterns and Performance Rules

J.M. Albala-Bertrand

277: Price, Marginal Cost and the Business Cycle

Jonathan Haskel, Christopher Martin and I. Small

276: Price Flexibility and Market Structure: A Critique and new results for the UK

Jonathan Haskel and Christopher Martin

275: Agricultural, Exchange Rates and Macroeconomic Policy in a Developing Economy. The Case of Peru

R. Hopkins

274: Central Bank Independence, Policy Reforms and the Credibility of Public Debt Stabilizations

I. Mourmouras and D.M. Su

273: UK Privatisation: Process and Outcomes

Jonathan Haskel

272: Should Governments Learn to Live with Inflation?: Comment on Fischer and Summers

I. Mourmouras

271: Why Did UK Manufacturing Profitability Rise over the 1980s?

Jonathan Haskel

270: Error Correction and Forward-looking Models for the U.K. Consumers' Expenditure

Carlo Favero

269: Contract Markets & Competition: A Note

Jonathan Haskel and Andrew Powell

268: Are Natural Disaster Situations a Formidable Obstacle to Growth? A Macroeconomic Model

J.M. Albala-Bertrand

267: Productivity Growth and Measurement Error

I. Small

266: The Costs of Commodity Price Uncertainty and Instability

Andrew Powell

265: Is the Picture of Unemployment Changing?

T. Butcher

264: Inflation, Adjustment Costs and Price-Cost Margins

Christopher Martin

263: Price Adjustment and Market Structure

Christopher Martin

262: Involuntary Unemployment - A Historical Note

B.A. Corry

261: Trading Forward in an Imperfect Market: The Case of Electricity in Britain

Andrew Powell

260: Do Skill Shortages Reduce Productivity? Theory and Evidence from the UK

Christopher Martin and Jonathan Haskel

259: Unconstrained Optimisation

D.S.G. Pollock

258: Trade Unions and Liberalisation of International Trade

Edward Driffill and Frederick (Rick) van der Ploeg

257: Construction of an Input-output Table of the Guatemalan Economy

V. Bulmer-Thomas and D. Martin

256: Uncertainty and Irreversible Investment an Empirical Analysis of Development of Oil Fields in the UKCS

Carlo Favero, Mohammad Pesaran and Sunil Sharma

255: Life after Debt - The New Economic Trajectory in Latin America

V. Bulmer-Thomas

254: No Win, No Fee: Some Economics of Contingent Legal Fees

Hugh Gravelle and Michael Waterson

253: Privatisation, Liberalisation, Wages and Employment: Theory and Evidence for the UK

Jonathan Haskel and Stefan Szymanski

252: Privatization, Jobs and Wages

Jonathan Haskel and Stefan Szymanski

251: Capacity and Competition: Empirical Evidence on UK Panel Data

Jonathan Haskel and Christopher Martin

250: The Economic Consequences of Skill Shortages

Jonathan Haskel and Christopher Martin

249: Some Analytical Patterns of Disaster

J.M. Albala-Bertrand

248: Commodity Markets, Commodity Futures and International Commodity Policy

C.L. Gilbert

247: A Conceptual Framework for the Analysis of Disasters in Economy and Society

J.M. Albala-Bertrand

246: A Synopsis of the Smoothing Formulae Associated with the Kalman Filter

H.R. Merkus, D.S.G. Pollock and A.F. de Vos

245: Product Price and Advice Quality: Implications of the Commission System in Life Assurance

Hugh Gravelle

244: Remunerating Information Providers: Commissions versus Fees in Life Assurance

Hugh Gravelle

243: Productive Structures: Mexico and the NICs. An Intertemporal and International Study

F. Aroche-Reyes

242: Macroeconomic Policy & Game Theory

Edward Driffill

241: A Solution to the Problem of Input-output Matrix Triangularization

O. Haltia

240: Should Marketing Boards Stabilize Prices through Forward Purchases?

C.L. Gilbert

239: Excess Smoothness, Excess Sensitivity of Consumption and Financial Liberalization: The U.K. Evidence

A. Lopez-Mejia

237: On Wage Indexing, Policy Credibility and Inflation

I. Mourmouras

236: Margins Concentration Unions and the Business Cycle: Theory and Evidence for Britain

Christopher Martin and Jonathan Haskel

234: Combined Search/Experience Products: Does Too Much Competition Distort R&D?

R.J. Allard