Working Papers

From Queen Mary University of London, School of Economics and Finance
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182: Monetary and Fiscal Policy in a 'Hartian' Model of Imperfect Competition

Neil Rankin

181: Disequilibrium Modelling Using Survey Data: The Demand for Corporate Borrowing in the UK

Christopher Martin

180: Effective Demands When Rationing is Stochastic

Christopher Martin

179: Conflict and Cooperation in International Macroeconomic Policymaking: Past Performance and Future Prospects

D. Currie and Simon Wren-Lewis

178: A Comparison of Alternative Regimes for International Macropolicy Coordination

D. Currie and Simon Wren-Lewis

177: Should Fiscal Policy Rule the Roost? The Co-ordination of Monetary and Fiscal Policy

D. Currie

176: Turning the Screw: Benefits for the Unemployed 1979-1988

John Micklewright and Anthony Atkinson

175: Reputation and International Coordination: An Analytical Treatment

D. Currie

174: The Relationship Between Spot and Period Rates in the Dry Bulk Market: Some Tests for the Period 1980-1986

Alfred Vanags and C. Hale

173: Dynamic Advertising, Price and Market Structure

A.K. Tsitouras

172: Multiperiod Quality Improvement and R&D

A.K. Tsitouras

171: A Cohort Model of Central Heating Ownership in Great Britain

J. Micklewright

170: Towards a Household Model of UK Domestic Energy Demand

John Micklewright

169: Quality Improvement, R&D and Market Structure

A.K. Tsitouras

168: The Efficiency Implications of the Allocation of Litigation Costs

Hugh Gravelle

167: Accidents and the Allocation of Legal Costs

Hugh Gravelle

166: Evaluating the Extended Target Zone Proposal for the G3

D. Currie and Simon Wren-Lewis

165: An International Version of Mundell's Two-Country Flexible Exchange Rates Models with Disequilibrium Microfoundations: Is Policy Interdependence Inevitable?

Neil Rankin

164: Fuel and the Family Expenditure Survey

John Micklewright and P. Baker

163: The Importance of Unemployment Inflows in Explaining Male Unemployment Duration, GB, 1948-1986

P.R. Hughes

162: International Cooperation & Reputation in an Empirical Two-Block Model

D. Currie, Paul Levine and N. Vidalisan

161: Modelling Energy Demand & Household Welfare Using Micro-Data

John Micklewright, P. Baker and Richard Blundell

160: Choice at Sixteen

John Micklewright

159: The Price, Output & Exchange Rate-Overshooting Effects of Monetary, Fiscal & Exchange Intervention Policy in a Two-Country Disequilibrium Model

Neil Rankin

158: The Price, Output & Exchange Rate-Overshooting Effects of Monetary, Fiscal & Exchange Intervention Policy in a Two-Country Disequilibrium Model

P. Hughes and G. Hutchinson

157: The History of the UK Public Sector: Aspects of Size and Performance

D.J. Beeton

156: A Buffet-Stock Model of Personal Sector Demand for UK Liquid Aggregates

A.J. Edwards

155: Why Do Firms Set Prices?

J.S. Cubbin and A. Tsitouras

154: Is Unemployment Irreversible?

P. Hughes and G. Hutchinson

153: Insurance and Corrective Taxes in the Health Care Market

Hugh Gravelle

152: The Treasury Model Under Rational Expectations

Andrew Blake

151: Approximate Linear Solutions for Non-Linear R.E. Models: A Technique and Some Problems

Andrew Blake

150: On the Extension of the "Correspondence Principle" to Perfect Foresight Models

Neil Rankin

149: On the Size of the Public Sector

D.J. Beeton

148: Alternative Financial Policy Rules in an Open Economy Under Rational and Adaptive Expectations

R. Whittaker, D. Currie, Keith Blackburn and Simon Wren-Lewis

147: Credibility with Time Inconsistency in a Stochastic World

D. Currie and Paul Levine

146: Efficiency of the Dollar Foreign Exchange Markets: Monetary News With Systems Estimation & Cross-Equation Parameter Restrictions

G.P. Lyons

145: Taxation versus Spending as the Fiscal Instrument for Demand Management: A Disequilibrium Welfare Approach

Neil Rankin

144: Debt Policy under Fixed and Flexible Prices

Neil Rankin

143: Price Level Indeterminacy Under an Interest Rate Rule: A Resolution

Keith Blackburn and D. Currie

142: Is the Growth of Government Inevitable? A Critical Assessment of the "Global" Theories of Public Sector Expansion

D.J. Beeton

141: The Elementary Macroeconomic Consequences of Differing Public & Private Sector Wage

M.H. Peston

140: Contingent Wage Agreements: The Historical & International Evidence on Their Determinants & Effects

D.J. Beeton

139: The Relationship Between Consumers' Expenditure & General Government Expenditure: Some Preliminary Results

D.J. Beeton

138: Testing Efficiency on the London International Financial Futures Exchange

G.P. Lyons

137: Default Risk and The Price of Punishment

Hugh Gravelle

136: The Balance of Payments Crisis and Adjustment Programmes in Central America

V. Bulmer-Thomas

135: Interest Parity, The Degree of Capital Mobility & the Information Contents of the Exchange Rate and the Interest Rate:Clarifications

Keith Blackburn

134: Wagner's Law & How to Test It: The Growth of Government in the U.K., 1963-78

D.J. Beeton

133: Contract Staggering When the Short Side of the Labour Market Determine Employment,and When Wages are Indexed: Variations on a Model of Fethke & Policano

D.J. Beeton