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CDMA Working Paper Series

From Centre for Dynamic Macroeconomic Analysis
School of Economics and Finance, Castlecliffe, The Scores, Fife, KY16 9AZ.
Contact information at EDIRC.

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201803: Valuation Risk Revalued Downloads
Oliver de Groot, Alexander Richter and Nathaniel Throckmorton
201802: What's in a wedge? Misallocation and Taxation in the Oil Industry Downloads
Radoslaw Stefanski and Gerhard Toews
201801: From Productivity Shifts to Economic Growth: Intersectoral Linkage as an Amplifying Factor Downloads
Nikolay Chernyshev
201705: R&D Cyclicality and Composition Effects: A Unifying Approach Downloads
Nikolay Chernyshev
201704: The Relationship between R&D and Competition: Reconciling Theory and Evidence Downloads
Nikolay Chernyshev
201703: Uncertainty Shocks in a Model of Effective Demand: Comment Downloads
Oliver de Groot, Alexander Richter and Nathaniel Throckmorton
201702: Dirty Little Secrets: Inferring Fossil-Fuel Subsidies from Patterns in Emission Intensities Downloads
Radoslaw Stefanski
201701: Financial Intermediation, Resource Allocation, and Macroeconomic Interdependence Downloads
Galip Ozhan
201607: Aid and Growth in Malawi Downloads
Daniel Chris Khomba and Alex Trew
201606: What order? Perturbation methods for stochastic volatility asset pricing and business cycle models Downloads
Oliver de Groot
201605: Velocity in the Long Run: Money and Structural Transformation Downloads
Antonio Mele and Radoslaw Stefanski
201604: Boom goes the price: Giant resource discoveries and real exchange rate appreciation Downloads
Torfinn Harding, Radoslaw Stefanski and Gerhard Toews
201603: Country Portfolios, Collateral Constraints and Optimal Monetary Policy Downloads
Ozge Senay and Alan Sutherland
201602: Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets Downloads
Ozge Senay and Alan Sutherland
201601: Endogenous Infrastructure Development and Spatial Takeoff Downloads
Alex Trew
201502: Banking and Industrialization Downloads
Stephan Heblich and Alex Trew
201501: Stationarity of Econometric Learning with Bounded Memory and a Predicted State Variable Downloads
Tatiana Damjanovic, Šarūnas Girdėnas and Keqing Liu
201411: Factor Complementarity and Labour Market Dynamics Downloads
Federico Di Pace and Stefania Villa
201410: Delayed Overshooting: It’s an 80s Puzzle Downloads
Seong-Hoon Kim, Seongman Moon and Carlos Velasco
201409: A Risk Map of Markups: Why We Observe Mixed Behaviors of Markups Downloads
Seong-Hoon Kim and Seongman Moon
201408: Adaptive Learning and Labour Market Dynamics Downloads
Federico Di Pace, Kaushik Mitra and Shoujian Zhang
201407: Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity? Downloads
Jess Benhabib, George Evans and Seppo Honkapohja
201406: Eductive Stability in Real Business Cycle Models Downloads
George Evans, Roger Guesnerie and Bruce McGough
201405: Quantitative Easing and the Loan to Collateral Value Ratio Downloads
Tatiana Damjanovic and Šarūnas Girdėnas
201404: New Keynesian versus old Keynesian government spending multipliers - A comment Downloads
Andrew Hughes Hallett, Ansgar Rannenberg and Sven Schreiber
201403: Technology, Wage Dispersion and Inflation Downloads
Shoujian Zhang
201402: Search Frictions, Job Flows and Optimal Monetary Policy Downloads
Shoujian Zhang
201401: Spatial Takeoff in the First Industrial Revolution Downloads
Alex Trew
201311: Consumption Inequality and Discount Rate Heterogeneity Downloads
Gang Sun
201310: Complete Markets Strikes Back: Revisiting Risk Sharing Tests under Discount Rate Heterogeneity Downloads
Gang Sun
201309: Nominal Stability and Financial Globalization Downloads
Michael Devereux, Ozge Senay and Alan Sutherland
201308: Heterogeneous Expectations, Optimal Monetary Policy, and the Merit of Policy Inertia Downloads
Emanuel Gasteiger
201307: The Market for "Rough Diamonds": Information, Finance and Wage Inequality Downloads
Theodore Koutmeridis
201306: Bubbles, Crashes and Risk Downloads
William Branch and George Evans
201305: Adaptive Learning and Survey Data Downloads
Agnieszka Markiewicz and Andreas Pick
201304: Top Incomes, Rising Inequality, and Welfare Downloads
Kevin Lansing and Agnieszka Markiewicz
201303: Imperfect Knowledge about Asset Prices and Credit Cycles Downloads
Pei Kuang
201302: Illusory Profitability of Technical Analysis in Emerging Foreign Exchange Markets Downloads
Pei Kuang, Michael Schröder and Qingwei Wang
201301: Anticipation, Learning and Welfare: the Case of Distortionary Taxation Downloads
Emanuel Gasteiger and Shoujian Zhang
201210: Endogeneous Risk in Monopolistic Competition Downloads
Vladislav Damjanovic
201209: E-stability in the Stochastic Ramsey Model Downloads
George Evans and Kaushik Mitra
201208: Profits in (Partial) Equilibrium and (General) Disequilibrium Downloads
Seong-Hoon Kim and Seongman Moon
201207: Does Size Matter? Scale, Corruption and Uncertainty Downloads
Gonzalo Forgues-Puccio and Ibrahim Okumu
201206: Financial frictions and the role of investment specific technology shocks in the business cycle Downloads
Gunes Kamber, Christie Smith and Christoph Thoenissen
201205: Universal banking, competition and risk in a macro model Downloads
Tatiana Damjanovic, Vladislav Damjanovic and Charles Nolan
201204: Finite Horizon Learning Downloads
William Branch, George Evans and Bruce McGough
201203: Bayesian Model Averaging, Learning and Model Selection Downloads
George Evans, Seppo Honkapohja, Thomas Sargent and Noah Williams
201202: Fiscal Policy and Learning Downloads
Kaushik Mitra, George Evans and Seppo Honkapohja
201201: A Producer Theory with Business Risks Downloads
Seong-Hoon Kim and Seongman Moon
201116: Sequential Action and Beliefs under Partially Observable DSGE Environments Downloads
Seong-Hoon Kim
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