1991-2009 Working Papers
The following is a list of discussion papers produced in the former Department of Economics, Finance and Manaegement between 1991 and 2008. Some of the documents on this page are available in PDF format. Any requests for non digitised papers should be addressed to the authors.
1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009
09/617 (304Kb) Efficient Evaluation of Multidimensional Time-Varying Density Forecasts with an Application to Risk Management, Arnold Polanski & Evarist Stoja
09/616 (80Kb) Dynamic Density Forecasts for Multivariate Asset Returns, Arnold Polanski & Evarist Stoja
09/613 (279Kb) To Trade or Not to Trade: The Strategic Trading of Insiders around News Announcements, Adriana Korczak, Piotr Korczak & Meziane Lasfer
09/612 (245Kb) Related Securities, Allocation of Attention and Price Discovery: Evidence from NYSE-Listed Non-U.S. Stocks, Piotr Korczak & Kate Phylaktis
09/611 (146Kb) On the Reliability of I/B/E/S Earnings Announcement Dates and Forecasts, Daniella Acker & Nigel W. Duck
09/610 (346Kb) The Value and Risk of Defined Contribution Pension Schemes: International Evidence, Edmund Cannon & Ian Tonks
09/609 (695Kb) Large Employers Are More Cyclically Sensitive, Giuseppe Moscarini & Fabien Postel-Vinay
08/608 (204Kb) Openness, imported commodities and the Phillips curve, Andrew Pickering & Héctor Valle, October 2008
08/607 (201Kb) Ideology, Competence and Luck: What determines general election results?, John Maloney & Andrew Pickering, November 2008
08/606 (134Kb) The Calibration of CES Production Functions, Jonathan R. W. Temple, September 2008
08/605 (277Kb) The Role of the Agent's Outside Options in Principal-Agent Relationships, Imran Rasul & Silvia Sonderegger, September 2008
08/604 (405Kb) The Inflationary Consequences of a Currency Changeover on the Catering Sector: Evidence from the Michelin Red Guide, Fabrizio Adriani, Giancarlo Marini & Pasquale Scaramozzino, June 2008
08/602 (139Kb) The Concept of an Agricultural Surplus, from Petty to Smith, Anthony Brewer, April 2008
08/601 (83Kb) Adam Smith's stages of history, Anthony Brewer, March 2008
07/600 (357Kb) Which Democracies Pay Higher Wages?, James Rockey, December 2007
07/599 (541Kb) Ideology and the Growth of Government, Andrew Pickering and James Rockey, October 2007
07/598 (152Kb) Two plus two equals six: an alternative explanation of why so many goods prices end in nine, David Demery and Nigel W. Duck, July 2007
07/597 (2.658Kb) Determinants of the time varying risk premia, Pornpinun Chantapacdepong, March 2007
07/596 (284Kb) Digital Rights Management: White Knight or Trojan Horse?, Thierry Rayna and Ludmila Striukova, April 2007
07/595 (374Kb) The Weak Instrument Problem of the System GMM Estimator in Dynamic Panel Data Models, Maurice J.G. Bun and Frank Windmeijer, March 2007
06/594 (180Kb) On the other (invisible) hand ..., Anthony Brewer, November 2006
06/593 (651Kb) IPR Protection in the High-Tech Industries: A Model of Piracy, Thierry Rayna, August 2006
06/592 (462Kb) The real interest rate, the real oil price, and US unemployment revisited, Spyros Andreopoulos, November 2006
06/591 (301Kb) GMM for panel count data model, Frank Windmeijer, October 2006
06/590 (645Kb) Convergence behaviour in exogenous growth models, Jochonia S. Mathunjwa and Jonathan R. W. Temple, August 2006
06/589 (519Kb) Private investment and financial development in a globalized world, Yongfu Huang, July 2006
06/588 (398Kb) Emerging Markets, Financial Openness and Financial Development, Wei Huang, July 2006
06/587 (486Kb) What drives liberal policies in developing countries?, Vatcharin Sirimaneetham, June 2006
06/586 (848Kb) On the political economy of financial reform, Yingfu Huang, June 2006
06/585 (559Kb) Schooling, learning on-the-job, earnings and inequality, Luis P. Correia, May 2006
06/584 (528Kb) Macroeconomic policy and the distribution of growth rates, Vatcharin Sirimaneetham and Jonathan Temple, March 2006
06/583 (471Kb) Explaining policy volatility in developing countries, Vatcharin Sirimaneetham, February 2006
06/582 (228Kb) Financial Development and Inequality: Brazil 1985-99, Manoel F. Meyer Bittencourt, January 2006
06/581 (621Kb) Growth and labour markets in developing countries, Mathan Satchi and Jonathan Temple, January 2006
05/580 (1.081Mb) What determines financial development?, Yongfu Huang, December 2005.
05/579 (208Kb) Total Factor Productivity: An Unobserved Components Approach, Raul J. Crespo, December 2005.
05/578 (606Kb) Will political liberalisation bring about financial development?, Yongfu Huang, November 2005.
05/577 (185Kb) Cantillon, Quesnay, and the Tableau Economique, Anthony Brewer, October 2005.
05/576 (634Kb Market concentration, macroeconomic uncertainty and monetary policy, Juan de Dios Tena and Francesco Giovannoni, August 2005).
05/575 (573Kb) Does external trade promote financial development?, Yongfu Huang and Jonathan Temple, July 2005.
05/574 Dual economy models: a primer for growth economists, Jonathan Temple, June 2005.
05/573 (236Kb) The Cyclical Behavior of Equilibrium Unemployment and Vacancies - A Comment, Simon Burgess and Hélène Turon, January 2005.
05/572 (331Kb) Worker Flows, Job Flows and Unemployment in a Matching Model, Simon Burgess and Hélène Turon, January 2005.
05/571 (270Kb) Informational Accuracy and the Optimal Monetary Regime, David Demery and Nigel W. Duck, April 2005.
05/570 (808Kb) Relative Prices as Aggregate Supply Shocks with Trend Inflation, David Demery and Nigel W. Duck, Revised January 2007.
05/569 (344Kb) Implementation Cycles in the New Economy, Pasquale Scaramozzino, Jonathan Temple and Nir Vulkan, April 2005.
05/568 The Geography of Output Volatility, Adeel Malik and Jonathan R.W. Temple, March 2005.
04/567 (331Kb) Birth Spacing and Neonatal Mortality in India: Dynamics, Frailty and Fecundity, Sonia Bhalotra and Arthur van Soest, December 2004.
04/566(229Kb) Patent Protection As A Stimulant for Risky Innovation. Could TRIPS be Counterproductive?, Andreas Panagopoulos, November 2004 .
04/565(284Kb) When Does Patent Protection Stimulate Innovation?, Andreas Panagopoulos, November 2004 .
04/564 (500Kb) A Comparison of the Translog and Almost Ideal Demand Models, C.L.F. Attfield, July 2004.
04/563 (515Kb) Stochastic Trends, Demographics and Demand Systems, C.L.F. Attfield, April 2004.
04/562 (281Kb) Parent Altruism, Cash Transfers and Child Poverty, Sonia Bhalotra, November 2004.
04/561(760Kb) Early Childhood Investments in Human Capital: Parental Resources and Preferences, Sonia Bhalotra, November 2004 .
04/560 (510Kb) Dualism and cross-country growth regressions, Jonathan Temple and Ludger Woessmann, September 2004.
04/559(317Kb) The Production Function for Votes, John Maloney and Andrew Pickering, July 2004 .
04/558 Inequality in Infant Survival Rates in India: Identification of State-Dependence Effects, Wiji Arulampalam and Sonia Bhalotra, May 2004 (293Kb).
04/557 Reference-Day Risk and the Use of Monthly Returns Data: A Warning Note, Daniella Acker and Nigel W. Duck, 2004 Revised April 2006 (346Kb).
03/556 Euro-illusion: a natural experiment, Edmund Cannon and Giam Pietro Cipriani, December 2003 (0.093Mb).
03/555 Measuring trend output: how useful are the Great Ratios?, Cliff L.F. Attfield and Jonathan R.W. Temple, October 2003 (0.612Mb).
03/554 Is Child Work Necessary?, Sonia Bhalotra, August 2003 (0.450Mb).
03/553 Child Farm Labor: The Wealth Paradox, Sonia Bhalotra and Christopher Heady, August 2003 (0.298Mb).
03/552 Sibling Death Clustering in India: Genuine Scarring vs Unobserved Heterogeneity, Wiji Arulampalam and Sonia Bhalotra, June 2003 (0.262Mb).
03/551 The Elusive Effects of Demography on Rates of Return, Edmund Cannon, March 2003.
03/550 Demographic Change and the UK Savings Rate, David Demery and Nigel W. Duck, February 2003 (0.425Mb).
03/549 Inflation Dynamics and Inflation Regimes, David Demery and Nigel W. Duck, February 2003 (0.495Mb).
03/548 On the Core of an Economy with Multilateral and Multidimensional Environmental Externalities, Charles Figuieres and Magali Verdonck, February 2003 (0.417Mb).
03/547 Balanced Growth and Output Convergence in Europe, C.L.F.Attfield, January 2003 (0.228Mb).
03/546 The Impact of Age Distribution Variables on the Long Run Consumption Function, C.L.F.Attfield and Edmund Cannon, January 2003 (0.226Mb).
03/545 Structural Breaks and Permanent Trends, C.L.F.Attfield, January 2003 (0.196Mb).
03/544 Structural Breaks and Convergence in Output Growth in the EU, C.L.F.Attfield, January 2003 (0.615Mb).
03/543 The Analysis of Poverty Data with Endogenous Transitions, Simon Burgess, Carol Propper and Matt Dickson, January 2003
02/542 An assessment of the New Economy, Jonathan Temple, September 2002
02/541 Cointegration-based tests of the New Keynesian Model of inflation, David Demery and Nigel W. Duck, August 2002 Acrobat PDF version (0.366Mb)
02/540 Organizational Design, Technology and the Boundaries of the Firm, Maija Halonen, August 2002 Acrobat PDF version (0.324Mb)
02/539 The Impact of Ownership Structure and Ethnic Wealth on the Starting Capital of Small Firms , Paul Vandenberg, July 2002.
02/538 Adapting to the Financial Landscape: Evidence from Small Firms in Nairobi, Paul Vandenberg, June 2002.
02/537 Short and Long Run Trend Forecasts of the Impact of an Ageing Population on Per Capita Aggregate Consumers' Expenditure, C.L.F. Attfield, June 2002.
02/536 Forecasting the Impact of Population Changes on Consumption Expenditure using Prior Information, C.L.F. Attfield, May 2002.
02/535 A 'Firm' Difference: The UK Continental Shelf Revisited, Andrew Pickering, May 2002.
02/534 The Oil Extraction Puzzle: Theory and Evidence, Andrew Pickering, May 2002 Acrobat PDF version (0.420Mb)
02/533 Optimally Rational Expectations and Macroeconomics, David Demery and Nigel W. Duck, May 2002 Acrobat PDF version. (0.298Mb)
02/532 The Costs of Dualism, Jonathan Temple, April 2002 Acrobat PDF version (0.325Mb)
02/531 Wage Inequality in a Dual Economy, Jonathan Temple, April 2002 Acrobat PDF version (0.234Mb)
01/530 The Consequences of Minimum Wage Laws: Some Theoretical Ideas Revisited, Andreas P. Georgiadis, November 2001 Acrobat PDF version (0.453Mb)
01/529 A Tournament Model of Fund Management, Daniella Acker and Nigel W. Duck, December 2001 Acrobat PDF version (0.672Mb)
01/528 The New Keynesian Phillips Curve and Imperfect Information, David Demery and Nigel W. Duck, November 2001 Acrobat PDF version (0.303Mb)
01/527 Matching Grants and Ricardian Equivalence, Charles Figuieres and Jean Hindriks, October 2001.
01/526 On the Effects of Conjectures in a Symmetric Strategic Setting, Charles Figuieres, Mabel Tidball and Alain Jean-Marie, October 2001.
01/525 GMM Estimation of Empirical Growth Models, Stephen Bond, Anke Hoeffler and Jonathan Temple, October 2001 Acrobat PDF version (0.209Mb)
01/524 Which Type of Central Bank Smooths the Political Business Cycle? John Maloney, Andrew Pickering and Kaddour Hadri, October 2001
01/523 Rich Nations, Poor Nations: How much can Multiple Equilibria Explain?, Bryan S. Graham and Jonathan Temple, September 2001 Acrobat PDF version (0.445Mb)
01/522 Growing into trouble: Indonesia after 1966, Jonathan Temple, August 2001 Acrobat PDF version (0.141Mb)
01/521 Reputation and the Allocation of Ownership, Maija Halonen, August 2001 Acrobat PDF version (0.401Mb)
01/520 Growth Effects of Education and Social Capital in OECD Countries, Jonathan Temple, June 2001 Acrobat PDF version (0.167Mb)
01/519 Structural Change and Europe's Golden Age, Jonathan Temple, May 2001 Acrobat PDF version (0.220Mb)
01/518 Savings Age Profiles in the UK, David Demery and Nigel W. Duck, May 2001 Acrobat PDF version (0.274Mb)
01/517 Asymptotic Bias and Equivalence of GMM and GEL Estimators, Whitney K. Newey and Richard J. Smith, March 2001 Acrobat PDF version (0.320Mb)
01/516 Momentum in the UK Stock Market, Mark Hon and Ian Tonks, February 2001. Acrobat PDF version (0.972Mb)
01/515 Marital Dissolution Among Young Americans: The Role of Income Variables and Past Family Formation Behaviour, Arnstein Aassve, February 2001. Acrobat PDF version (0.281Mb)
01/514 Higher Order Asymptotic Theory for Semiparametric Estimation of Spectral Parameters of Stationary Processes, Masanobu Taniguchi, Kees Jan van Garderen and Madan L. Puri, January 2001. Acrobat PDF version (0.218Mb)
01/513 Two Sides to Every Story. Measuring Worklessness and Polarisation at Household Level, Paul Gregg and Jonathan Wadsworth, January 2001. Acrobat PDF version (0.158Mb)
01/512 Optimal Prediction in Loglinear Models, Kees Jan van Garderen, January 2001
01/511 Exact Interpretation of Dummy Variables in Semilogarithmic Equations with Estimation Uncertainty, Kees Jan van Garderen and Chandra Shah, January 2001
01/510b Inter-firm, Inter-mediated and Informal Credit among SME's in Nairobi, Paul Vandenberg, December 2000
00/510a On the Econometric Ananlysis of Non-renewable Natural Resource Exploitation and an Application to the World Oil Industry, Andrew Pickering, December 2000
00/510 Tarrifs under Incomplete Information, Estela Montado, December 2000
00/509 Does Distance Matter for Economic Performance? Evidence from European Regions, Edmund S. Cannon, D. Demery and Nigel W. Duck, December 2000. Acrobat PDF version (0.104Mb)
00/508 Inflow Composition, Duration Dependence and their Impact on the Unemployment Outflow Rate, Hélène Turon, December 2000
00/507 Endogenous Growth and Demographics in a Model with Old Age Support, Giam Pietro Cipriani, December 2000. Acrobat PDF version (0.076Mb)
00/506 The Large Audit Firm Fee Premium: A Case of Selectivity Bias?, J.C. Ireland and C. S. Lennox, December 2000. Acrobat PDF version (0.204Mb)
00/505 Determinants of Audit Reports in the UK, Jennifer C. Ireland, December 2000. Acrobat PDF version (0.206Mb)
00/504 Implied Standard Deviations and Post-Earnings Announcement Volatility, Daniella Acker, December 2000. Acrobat PDF version (0.170Mb)
00/503 Bid-Ask Spreads Around Earnings Announcements, Daniella Acker, Matthew Stalker and Ian Tonks, December 2000 Acrobat PDF version (0.104Mb)
00/502 Churning Dynamics: An Analysis of Hires and Separations at the Employer Level, Simon Burgess, Julia Lane and David Stevens, December 2000
00/501 Convertible Debt and Managerial Signalling, Richard Fairchild, November 2000
00/500 Credit Market Competition and Intertemporal Smoothing, Richard Fairchild, November 2000
00/499 Peer Pressure and Job Market Signaling, David Austen-Smith, November 2000
00/498 Shareholder Wealth Effects of CEO Departures: Evidence from the UK, E. Dedman and Stephen W-J Lin, October 2000. Acrobat PDF version (0.114Mb)
00/497 Executive Turnover in UK Firms: the Impact of Cadbury, E. Dedman, October 2000. Acrobat PDF version (0.102Mb)
00/496 The Initial Conditions Problem in Dynamic, Nonlinear Panel Data Models with Unobserved Heterogeneity,Jeffrey M. Wooldridge, September 2000
00/495 The Impact of Youth Unemployment on Adult Unemployment in the NCDS, Paul Gregg, August 2000
00/494 Approximations to the Distribution of Conditional Moment Test Statistics, Richard J. Smith, Andrew Chesher and Simon Peters, August 2000
00/493 Is Child Work Necessary?, Sonia Bhalotra, August 2000 Acrobat PDF version (0.354Mb)
00/492 Child Farm Labour: Theory and Evidence, Sonia Bhalotra and Christopher Heady, August 2000 Acrobat PDF version (0.136Mb)
00/491 An Empirical Analysis of the Relationship between Consumer Favourability and Stock price Returns, Alison Thomas, August 2000
00/490 Banking on Favourable Terms, Alison Thomas, July 2000
00/489 E-Commerce, Mass Customisation and Price Discrimination, David Ulph and Nir Vulkan, June 2000
00/488 The Impact of Differential Payroll Tax Subsidies on Minimum Wage Employment, Francis Kramarz and Thomas Philippon, June 2000
00/487 Choosing the Number of Instruments, Stephen G. Donald and Whitney K. Newey, March 2000
00/486 Auditors' Going-concern Opinions in Bankrupt Companies: Some Further Evidence, Clive Lennox, March 2000
00/485 An Empirical Analysis of Opinion Shopping: the US Experience, Clive Lennox, March 2000
00/484 Electronic Commerce and Competitive First-Degree Price Discrimination, David Ulph and Nir Vulkan, February 2000
00/483 Marriage and Divorce, Tracy J. Webb, February 2000
99/482 Spatial Price Competition: A semiparametric Approach, Joris Pinkse, Margaret E. Slade and Craig Brett, December 1999
99/481 Unemployment and Turnover in a Model with On-the-Job Search, Tracy J. Webb, December 1999
99/480 A Model of Life Expectancy, Human Capital and Growth, Keith Blackburn and Giam Pietro Cipriani, December 1999
99/479 Taxes and Employment Subsidies in Optimal Redistribution Programs, Paul Beaudry and Charles Blackorby, November 1999
99/478 The Influence of Geographic Proximity on Long and Short-Term Movements in Regional Ouput, Edmund S. Cannon, D.Demery and Nigel W.Duck, November 1999
99/477 Capital Market Imperfections and Inequality. Christian Schluter, October 1999
99/476 Income Tax Competition and Local Public Services, E.Smith and T.Webb, October 1999
99/475 Accounting Standards and Analysts' Forecasts: the impact of FRS3 on Analysts' Ability to Forecast EPS, D.Acker, J.Horton and I.Tonks. October 1999
99/474 Competitive Planned Obsolescence. Paul A.Grout and In-Uck.Park. August 1999
99/473 Income Dynamics in the USA, Germany and the UK - Evidence from Panel Data, Christian Schluter, July 1999
99/472 Imperfect Information and the Aggregate Stochastic Implications of the Life Cycle Hypothesis, Emilio Fernandez-Corugedo, June 1999
99/471 Time Series Volatility of Commodity Futures Prices. Jane Black, Ian Tonks, June 1999 Acrobat PDF version (0.206Mb)
99/470 Semiparametric Indirect Inference. Ramdam Dridi and Eric Renault, June 1999
99/469 Monotone Instrumental Variables: With an Application to the Returns to Schooling. Charles F. Manski and John V. Pepper. May 1999
99/468 Markovian Processes, Two-sided Autoregressions and Finite-sample Inference for Stationary and Nonstationary Autoregressive Processes, Jean-Marie Dufour and Olivier Torres. March 1999
99/467 Finite Sample Inference Methods for Simultaneous Equations and Models with Unobserved and Generated Regressors, Jean-Marie Dufour and Joanna Jasiak, March 1999
99/466 Confidence Regions for Calibrated Parameters in Computable Equilibrium Models, Touhami Abdelkhalek and Jean-Marie Dufour, March 1999
99/465 Does Market Organisations Speed Up Market Stabilisation? First Lessons from the Budapest and the Warsaw Stock Exchanges. Anna Zalewska-Mitura, March 1999
99/464 Simulation Based Finite and Large Sample Inference Methods in Multivariate Regressions and Seemingly Unrelated Regressions. Jean-Marie Dufour and Lynda Khalaf, March 1999
99/463 Welfare Measurement and Measurement Error, Andrew Chesher and Christian Schluter, February 1999
99/462 A Grain of Truth in Medieval Interest Rates? Re-examining the McCloskey-Nash Hypothesis, Liam Brunt and Edmund Cannon, February 1999
98/461 Necessary Conditions for Infinite-Horizon Discounted Two-Stage Optimal Control Problems, Miltos Makris, Decmber 1998
98/460 Testing for Government Intertemporal Solvency: A Smooth Transition Error Correction Model Approach, Andrea Cipollini, December 1998
98/459 The Effects of Permanent and Transitory Shocks on UK Fiscal Policy, Andrea Cipollini, December 1998
98/458 Assessing the Long-Term Under-Performance of UK Initial Public Offerings, Susanne Espenlaub, Alan Gregory and Ian Tonks, November 1998
98/457 Post-IPO Directors' Sales and Reissuing Activity: An Empirical Test of IPO Signalling Models, Susanne Espenlaub and Ian Tonks, November 1998
98/456 Statistical Inference for Inequality Measurement with Dependent Data, Christian Schluter and Mark Trede, September 1998
98/455 Testing Restrictions on Cointegrating Vectors: A Comment, A.Jameel Khadaroo, July 1998
98/454 Income Mobility - A Robust Approach, Frank A. Cowell and Christian Schluter, May 1998
98/453 Good News is No News, Daniella Acker, October 1998
98/452 New Estmates of Engel Curve Rank, Richard Keyworth Marriott, October 1998
98/451 Durationh Response Measurement Error, Andrew Chesher, Montezuma and Richard J Smith, September 1998
98/450 Repeated Moral Hazard with Renegotiation and Free Access to Credit Markets, In-Uck Park, May 1998
98/449 Measurement Error Bias Reduction, Andrew Chesher, May 1998
98/448 Polynomial Regression with Covariate Measurement Error, Andrew Chesher, May 1998
98/447 Intrahousehold Resource Allocation in Rural Pakistan: A Semiparametric Analysis, Sonia Bhalotra and Cliff Attfield, May 1998
98/446 Semi-parametric Qualitative Response Model Estimation with Instrumental Variables and Unknown Heteroscedasticity, Arthur Lewbel (Benjamin Meaker Professor, visiting from Brandeis University), May 1998
98/445 Price Perceptions and the Real Effects of Aggregate Demand, David Demery and Nigel W. Duck, March 1998
98/444 Likelihood Ratio Tests for Seasonal Unit Roots, Richard J. Smith and A.M. Robert Taylor, February 1998
98/443 Noisy Implementation Cycles and the Informational Role of Policy, Pasquale Scaramozzino and Nir Vulkan, February 1998
97/442 Free Entry Does Not Imply Zero Profits, Sjaak Hurkens and Nir Vulkan, December 1997
97/441 Something in the Way She Moves: A Fresh Look at the Gender Pay Gap, Alan Manning and Helen Robinson, September 1997
97/440 Incomplete Contracts, Vertical Integration and Product Market Competition, Maija Halonen and Iestyn Williams, September 1997
97/439 Competition and Decentralization in Government Bureaucracies, Maija Halonen and Carol Propper, June 1997
97/438 Excessive Stock Price Dispersion: A Regression Test of Cross-Sectional Volatility, George Bulkley, Andy Snell and Ian Tonks, April 1997
97/437 A Theory of Joint Ownership, Maija Halonen, March 1997
97/436 Non-normal Variation and Regression to the Mean, Andrew Chesher, March 1997
97/435 The Effects of Regulation and Competition in the NHS Internal Market: The Case of GP Fund- Holder Prices, Carol Propper, Deborah Wilson and Neil Soderlund, February 1997
97/434 Incomplete Information and the Time Series Behaviour of Consumption, David Demery and Nigel Duck, February 1997
97/433 The Decision to Leave Post-Compulsory Education, Wayne Thomas, January 1997
97/432 Using Time Series Methods to Assess Information and Inventory Effects in a Dealer Market in Less-Liquid Stocks, Andy Snell and Ian Tonks, January 1997
96/431 Higher-Order Asymptotic Expansions of the Least-Squares Estimation Bias in First-Order Dynamic Regression Models, Jan F. Kiviet, Garry D.A. Phillips, November 1996
96/430 The Effects of Regulation and Competition in the N.H.S. Internal Market: The Case of GP Fund-Holder Prices, Carol Propper, Deborah Wilson and Neil Söderlund, November 1996
96/429 The Importance of Family Background and Information in Educational Participation, Wayne Thomas, October 1996
96/428 Independence, Marriage and Divorce: Household Formation and Dissolution amongst Young Americans, Simon Burgess, Carol Propper, Arnstein Aassve, May 1996
96/427 Okun's Law, Cointegration and Gap Variables, C.L.F. Attfield and Brian Silverstone, June 1996
96/426 Volatility Implied by Option Prices: The Case of Takeover Bids, Daniella Acker and C.L.F. Attfield, May 1996
96/425 Testing Additivity in Generalized Nonparametric Regression Models, O.B. Linton and P.L. Gozalo, May 1996
96/424 The Role of Trend Income in the U.K. Demand for Money, C.L.F. Attfield , D. Demery and Nigel W. Duck, May 1996
96/423 Estimation and Testing of Models which Contain "Permanent" Stochastic Variables, C.L.F. Attfield, May 1996
96/422 Individual Demands from Household Aggregates : Time and Age Variation in the Composition of Diet, Andrew Chesher, April 1996
96/421 Estimating the Contribution of Education to Income Inequality Using Decomposable Ethical Inequality Indices, Wayne Thomas and Ian Rongve, March 1996
96/420 Modelling the Decision to Return to Full Time Education, Wayne Thomas, March 1996
96/419 An Economy with Too Much Money, Paul Heap, March 1996
96/418 More on Bewley's Difficulty, Paul Heap, March 1996
96/417 Generic 4 x 4 Two Person Games Have At Most 15 Nash Equilibria, In-Uck Park and Andrew McLennan, March 1996
96/416 Testing for Unit Roots in Macroeconomic Variables, Surottam N. Sahay and Rajesh Mehta, March 1996
96/415 Promoting the Superhighway : Telecommunications Regulation in Europe, Paul Grout, March 1996
96/414 Information and Principal Agent Problems, Ian Jewitt, February 1997
96/413 Forces Limiting and Generating Welfare Under Schumpeterian Competition, Timothy M. Wakeley, March 1996
96/412 An Analysis of Changes in Utilization and Productivity in a Deregulating Economy, Sonia Bhalotra, March 1996
96/411 Stock Return Volatility and Dividend Announcements, Daniella Acker, March 1996
96/410 Asymmetric Effects of Aggregate Demand : An Empirical Test of a Menu-Cost Model, D. Demery and Nigel W. Duck, March 1996
96/409 The Spatial Unemployment-Wage Relation Revisited : An Investigation of Interstate Urban Unemployment Rate Differentials in India , Sonia Bhalotra, March 1996
96/408 On the Weak versus Strong Version of the Screening Hypothesis: A Re-examination of the P-test for the U.K., G. Reza Arabsheibani and Hedley Rees, March 1996
96/407 Privatising East Germany : Disaster or Miracle?, Kirsten Bindemann, March 1996
96/406 Diet Revealed? Semiparametric Estimation of Nutrient Intake - Age Relationships, Andrew Chesher, February 1996
96/405 The Welfare State Again, Kirsten Bindemann, January 1996
95/404 Estimating the UK Demand for Money Function : A Test of Two Approaches, C.L.F. Attfield, D. Demery and Nigel W. Duck, November 1995
95/403 Ethics out of Economics, John Broome, Inaugural Lecture February 1995, November 1995
95/402 Rationally Inaccurate Expectations and Stabilisation Policy, C.L.F. Attfield and N.W. Duck, September 1995
95/401 Estimating New Product Demand from Biased Survey Data, Roger Klein and Robert Sherman, August 1995
95/400 Tax Clienteles in the UK Gilt-Edged Market, David Ashton, May 1995
95/399 Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimator with Improved Finite-Sample Properties : An Approach based on a grouped jackknife estimator, Jose Passos, May 1995
95/398 Regulating Derivatives: Operator Error or System Failure?, Atul K. Shah, April 1995
95/397 Taste Variation in Discrete Choice Models, Andew Chesher and João Santos Silva, April 1995
95/396 Testing the Rank of a Coefficient Matrix, C.L.F. Attfield, March 1995
95/395 Corporate Governance and Business Ethics, Atul K. Shah, March 1995
95/394 Modelling Long Memory in Stock Market Volatility: A Fractionally Integrated Generalised ARCH Approach, Zacharias Psaradakis and Martin Sola, March 1995
95/393 Regression-Based Tests for Persistence in Conditional Variances, Zacharias Psaradakis amd Elias Tzavalis, March 1995
95/392 Exact Sampling Distributions in Binary Data Models, Andrew Chesher and Simon Peters, February 1995
95/391 Agency and Incentives in the NHS Internal Market, Carol Propper, February 1995
95/390 Market Structure and Prices : The Responses of Hospitals in the U.K. National Health Service to Competition, Carol Propper, February 1995
95/389 Empirical Matching Functions: Estimation and Interpretation Using Disaggregate Data, Patricia Anderson and Simon Burgess, January 1995
95/388 Job Flows, Worker Flows and Churning, Simon Burgess, Julia Lane and David Stevens, January 1995
95/387 Changes in Regime, Cointegration, Seasonality and the Japanese Consumption Function, Stephen Hall, Zacharias Psaradakis and Martin Sola, January 1995
95/386 Is Permanent Income Too Volatile? David Demery and Nigel W. Duck, January 1995
94/385 Finite-Sample Performance of the Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimators , Jose Passos, October 1994
94/384 Divisional Performance Measurement : Residual Income and the Asset Base, Don Egginton, November 1994
94/383 Agency Costs and Tax Compliance - Should We Care about Accountants?, Sue Green and David Winter, November 1994
94/382 The Effects of Capital Gains Tax and Advance Corporation Tax on Corporate Behaviour, Daniella Acker and Sue Green, November 1994
94/381 Structured and Unstructured Valuation, J.R. Broome, November 1994
94/380 Empirical Likelihood Estimation and Testing in the Restricted Linear Model, C.L.F. Attfield, University of Bristol, October 1994.
94/379 Activity-Based Techniques and the Death of the Bean-Counter, Andrew L Friedman and Stephen R. Lyne, July 1994.
94/378 Research Joint Ventures and Product Innovation: Part II Some Welfare Aspects, Joanna Poyago-Theotoky, University of Bristol and University of Nottingham, June 1994.
94/377 Okun's Coefficient: A Comment, Clifford L.F. Attfield, University of Bristol and Brian Silverstone, University of Waikato, March 1994.
94/376 Finite Sample Homogeneity Tests in a Cointegrating Demand System, C.L.F. Attfield, March 1994.
94/375 A Revealed-Preference Implication of Weighted Utility Decisions under Uncertainty, In-Uck Park, March 1994, revision forthcoming in Journal of Economic Theory.
94/374 The two-envelope paradox, John Broome, February 1994.
94/373 The value of a person, John Broome, University of Bristol, University of British Columbia, Australian National University, February 1994.
94/372 An Eighteenth Century View of Economic Development: Hume and Steuart, Anthony Brewer, January 1994.
94/371 Bartlett Corrections to Likelihood Ratio Tests, Andrew Chesher, University of Bristol and Richard Smith, University of Cambridge, January 1994.
94/370 Likelihood Ratio Specification Tests, Andrew Chesher, University of Bristol and Richard Smith, University of Cambridge, December 1993.
94/369 Directors' Perceptions of the Effects and Values of Share Option Rewards, Don Egginton, John Forker and Paul Grout, Department of Economics, University of Bristol and Geoffrey Elliot, School of Computing, Information Systems and Mathematics, South Bank University, December 1993.
93/368 Dynamic Regression and Filtered Data Series: A Laplace Approximation to the Effects of Filtering in Small Samples, Eric Ghysels, Centre de recherche et developpement en economique (C.R.D.E.), Universite de Montreal and Offer Lieberman, Department of Economics, University of Bristol, November 1993.
93/367 An Analysis of Seasonality in the U.K. Equity Market, Andrew D. Clare, University of Brunel, Zacharias Psaradakis, University of Bristol, Stephen H. Thomas, University College of Wales, Swansea, December 1993.
93/366 On the Power of Tests for Superexogeneity and Structural Invariance, Zacharias Psaradakis, Bristol University and Martin Sola, Birkbeck College, University of London and Centre for Economic Forecasting, London Business School, September 1993.
93/365 Generic Finiteness of Equilibrium Outcome Distributions for Sender-Receiver Cheap-Talk Games, In-Uck Park, September 1993, revision forthcoming in Journal of Economic.Theory.
93/364 Small-Country Tax Policy and International Capital Markets, Geoffrey Lewis, November 1993.
93/363 Asymmetric and Time-Varying Error-Correction: An Application to Labour Demand in the U.K., Simon M. Burgess, Bristol University, Alvaro Escribano, Universidad Carlos III de Madrid and Gerard A. Pfann, University of Limburg/Maastricht, The Netherlands, October 1993.
93/362 How Professionals Actively Undermine Rule-Based Regulation - A case study of financial engineering in the UK convertibles market, Atul K. Shah, October 1993.
93/361 Fairness Versus Doing The Most Good, John Broome, University of Bristol and University of British Columbia, September 1993.
93/360 The Welfare Economics of Population, John Broome, September 1993.
93/359 Rationing Health Care: Ethical Issues, John Broome, September 1993.
93/358 A Time Series Model of the Housing Market, C.L.F. Attfield and D.F. Winter, August 1993.
93/357 Bartlett Adjustments for Systems of Linear Equations with Linear Restrictions, C.L.F. Attfield, August 1993.
93/356 History as a Widespread Externality in Some Arrow-Debreu Market Games, Peter J. Hammond, University of Bristol (Benjamin Meaker Visiting Professor of Economics) and Stanford University, July 1993.
93/355 Exact Nonparametric Orthogonality and Random Walk Tests, Bryan Campbell, Department of Economics, Concordia University and C.R.D.E., Université de Montréal and Jean-Marie Dufour, University of Bristol (Benjamin Meaker Visiting Professor of Economics) and Université de Montréal, July 1993.
93/354 Testing Instrument Admissibility: Some Refined Asymptotic Results, Michael A. Magdalinos, Athens University of Economics and Business. Visitor: University of Bristol, May 1993.
93/353 The Reallocation of Employment and the Role of Employment Protection Legislation, Simon Burgess
93/352 Where did Europe Fail? A Disaggregate Comparison of Net Job Generation in the USA and Europe, Simon M. Burgess, April 1993.
93/351 Goodness is reducible to betterness: the evil of death is the value of life, John Broome, April 1993.
93/350 The Process of Financial Engineering. The Case of Convertible Securities issued by UK companies during 1985-90, Atul K. Shah, March 1993.
93/349 Accounting Policy Choice: The Case of Convertible Securities, Atul K. Shah, March 1993.
93/348 The Role of Accounting in Financing Decisions: The Case of Goodwill and Convertibles, Atul K. Shah, March 1993.
93/347 The Information Technology Field: Using Fields and Paradigms for Analyzing Technological Change, Andrew L. Friedman, March 1993. [Published in Human Relations, 1994, 47/4, 367- 392].
93/346 Second Order Correction By The Bootstrap, Wai Cheung Ip, Department of Applied Mathematics, Hong Kong Polytechnic and Garry D.A. Phillips, Department of Economics, University of Bristol and University of Exeter, February 1993.
93/345 A Reconciliation of Some Paradoxical Empirical Results on the Expectations Model of the Term Structure, John Driffill, Department of Economics, University of Southampton, Zacharias Psaradakis, Department of Economics, University of Bristol and Martin Sola, Centre for Economic Forecasting, London Business School, February 1993.
93/344 The Demand for Money in Greece: An Exercise in Econometric Modelling with Cointegrated Variables, Zacharias Psaradakis, February 1993. (Forthcoming in the Oxford Bulletin of Economics and Statistics).
93/343 Discounting the Future, John Broome, January 1993.
92/342 Optimum versus Equilibrium R&D Cooperation in Oligopoly, Joanna Poyago-Theotoky, October 1992.
92/341 Evidence on Breaking Trend Functions from Nine Countries, N.W. Duck, September 1992.
92/340 Some Interactions between Environmental Policy and Public Finance, John Pezzey, July 1992.
92/339 Information Sharing, Organisation Design and Social Welfare under Cooperative and Non- Cooperative R&D in a Duopoly with Spillovers, Joanna Poyago-Theotoky, July 1992.
92/338 A Cointegrating Demand System with a Bi-Variate Permanent Stochastic Trend, C.L.F. Attfield, June 1992.
92/337 Stochastic Trends and the Business Cycle in the U.K., C.L.F.Attfield, D. Demery, N.W. Duck, June 1992.
92/336 Extended Preferences, John Broome, June 1992.
92/335 The Cost of Capital in Regulated Industries, Paul Grout, May 1992.
92/334 Schedule D Non-Compliance: Would An Amnesty Help?, Susan Green, May 1992.
92/333 Long Term Contracts and the EC Fourth Directive, John Forker and Margaret Greenwood, May 1992.
92/332 Need, Equity and the NHS: The Distribution of Health Care Expenditure 1974-1987, Carol Propper, Department of Economics and SAUS, University of Bristol and Richard Upward, Research Assistant, SAUS, University of Bristol, May 1992.
92/331 Fairness as Mutual Advantage? A Comment on Buchanan and Gauthier, Hans-Peter Weikard, May 1992.
92/330 The Stages Model and the Phases of the IS Field, Andrew L. Friedman, May 1992. [Published in Journal of Information Technology, 9:2, June 1994].
92/329 A Note on the Score Test for Neglected Heterogeneity in the Truncated Normal Regression Model by J.M.C. Santos-Silva (University of Bristol and ISEG/Universidade Tecnica de Lisboa), May 1992.
92/328 Can you beat the Stock-Market? An Inaugural Lecture, D.J. Ashton, May 1992.
92/327 Work and Employment in Public and Private Sectors by Hedley Rees and Anup Shah (University of Newcastle), May 1992.
92/326 The Economic Effects of Collective Bargaining: Wage Premium, Hours Discount and Welfare Differential by Hedley Rees and Anup Shah (University of Newcastle), May 1992.
92/325 A Model of Job Matching and Job Competition, C.L.F. Attfield, University of Bristol and Simon Burgess, Dartmouth College, University of Bristol and CEP, March 1992.
92/324 A Survey of the Trade Credit Literature, Paul Crawford, March 1992
92/323 Trade Credit and Credit Rationing: Part I, Paul Crawford, March 1992.
92/322 The Value of Living, John Broome, March 1992.
92/321 Executive and Employee Share Options: Taxation, Dilution and Disclosure by Don Egginton, John Forker and Paul Grout, March 1992.
92/320 The Mutual Determination of Wants and Benefits, John Broome, March 1992.
92/319 Is there a future for Marxist economics?, Anthony Brewer, March 1992.
92/318 Discrete Choice Models Without The IIA Property, by Andrew Chesher, University of Bristol and Joao Santos Silva, University of Bristol and ISEG/Universidade T"cnica de Lisboa, March 1992.
92/317 A Note on the "Double Benefit" of Pollution Taxes, David Ulph, January 1992.
92/316 A Generalised Method of Moments Estimation Procedure for a Class of Rational Expectations Models, C.L.F. Attfield, January 1992.
92/315 Endogenous Growth and Industrial Structure, David Ulph, November 1991.
92/314 Causes of Preference are not Objects of Preference, John Broome, December 1991. [Published in Social Choice and Welfare, 1992].
91/313 Econometric Modelling of the Use of Computers by Economists in UK Higher Education: by Peter Dolton, CTI Centre for Computing in Economics and University of Newcastle-Upon- Tyne and Peter Taylor, CTI Centre for Computing in Economics and University of Bristol and Bristol Polytechnic, Version 2.1, August 1991.
91/312 Optimal Income Taxation: Resourcism vs Welfarism by David Ulph, October 1991
91/311 Strategic Manpower Policy and International Trade by David Ulph, University of Bristol and Alan Winters, University of Birmingham, September 1991.
91/310 Labour Markets and Strategic Innovation: Long-Term vs Short-Term Contracts by Alistair Ulph, University of Southampton and David Ulph, University of Bristol, September 1991.
91/309 Should a Carbon Tax rise or fall over time? by Alistair Ulph, University of Southampton and David Ulph and John Pezzey, University of Bristol, September 1991.
91/308 Exact Similar Tests for Unit Roots and Cointegration by Jan F. Kiviet, Benjamin Meaker Visiting Professor and Garry D.A. Phillips, Visiting Professor, August 1991.
91/307 Optimal Stock/Flow Panels by Tony Lancaster, Benjamin Meaker Visiting Professor and Guido Imbens, August 1991.
91/306 Demand Analysis for Tax Reform in Pakistan by Angus Deaton, Benjamin Meaker Visiting Professor and Franque Grimard, February 1991.
91/305 Ends and Means: Finite Lives and Social Institutions by Geoffrey Brennan, Benjamin Meaker Visiting Professor and Hartmut Kliemt, June 1991.
91/304 Choice-Based Sampling - Inference and Optimality by Tony Lancaster, Benjamin Meaker Visiting Professor and Guido Imbens, July 1991.
91/303 Some International Evidence of the Quantity theory of Money by N.W. Duck, July 1991.
91/302 Economic Analysis and the Structure of Good, John Broome, July 1991.
91/301 Discriminating between the Linear and Log-Linear Forms of a Regression Model: Optimal Instrumental Variables Tests, J.M.C. Santos-Silva, revised September 1991.
91/300 The Bias of OLS, GLS and Sure Estimators in Dynamic Seemingly Unrelated Regression Models, Jan F. Kiviet, Benjamin Meaker Visiting Professor and Garry D.A. Phillips, Visiting Professor, July 1991.
91/299 Consistency and Asymptotic Normality of Nonparametric Projection Estimators by Whitney K. Newey, Benjamin Meaker Visiting Professor, May 1991.
91/298 A Desk Study on the Intergenerational Aspects of Climate Change, John Broome in collaboration with David Ulph, May 1991. [Published as a book: Counting the Cost of Global Warming, White Horse Press 1992].
91/297 Equity in the Finance and Delivery of Health Care in Britain, Carol Propper, Owen Donnell and Richard Upward, SAUS, April 1991.
91/296 Domicile and Revenue Law: The Continuing Need for Reform Susan Green, April 1991. (Forthcoming in the British Tax Review).
91/295 A new Model of Purchase Frequency, Peter G. Moffatt, April 1991.
91/294 Asymptotic Approximations to the Small-Sample Distribution of Estimators for the Censored Regression Model, Andrew Chesher and Richard H. Spady (Bellcore), March 1991.
91/293 Corporate Governance and Disclosure Quality in Financial Statements, John J. Forker, March 1991.
91/292 A Bartlett Adjustment to the Likelihood Ratio Test for a System of Equations, C.L.F. Attfield, March 1991. [Forthcoming in the Journal of Econometrics 1995]
91/291 The Effect of Measurement Error, Andrew Chesher, March 1991. (Published Biometrica September 1991, Vol.78)
91/290 Stragetic R & D and Innovation, John Beath, Y. Katsoulacos and David Ulph, March 1991.
91/289 Forecasting Poverty in the EEC, Panos Tsakloglou, January 1991.