Professor Huw Dixon

Professor Huw Dixon
Professor of Economics
E-mail DixonH@cardiff.ac.uk
Telephone+ 44 (0)29 2087 5733
Personal website huwdixon.org

In addition to editorial involvement with the Review of Economic Studies, the Journal of Industrial Economics and the Controversies section in The Economic Journal, I have authored more than sixty papers in research journals and books. My research areas include the macroeconomics of imperfect competition, oligopoly theory, learning and bounded rationality.

I have been a member of the Council of the Royal Economic Society and the CEPR, and am currently a member of the CESifo network. I received my PhD from Oxford University in 1985 under the supervision of Nobel Laureate Sir James Mirrlees, and was a Professor at York from 1992 until I came to Cardiff in 2006.

Selected publications

Top Ten Journal Articles

(for a full list of publications go to RePEc)

and Engin Kara (2010)  Can We Explain Inflation Persistence in a Way that Is Consistent with the Microevidence on Nominal Rigidity? Journal of Money, Credit and Banking, (42) 151-170.

and Paulo Brito (2009) "Entry and the accumulation of capital: a two state-variable extension to the Ramsey model", International Journal of Economic Theory, 5, 333-357. Also offprint

and Engin Kara (2006), "How to Compare Taylor and Calvo Contracts: A Comment on Michael Kiley", (Abstract) . Journal of Money, Credit and Banking, 38, 1119-1126.

and Javier Coto-Martinez. "Profits, Markups and Entry: Fiscal Policy in an Open Economy", Journal of economic dynamics and control , 2003, 27, 573-597.

and Bipasa Datta. "Technological change, entry and stock market dynamics: an analysis of transition in a monopolistic economy", American Economic Review, Papers and Proceedings, 2002, 92, 231-235.

"Keeping up with the Joneses: Competition and the evolution of collusion",. Journal of Economic Behavior and Organization, 2000, 43, 223-238.

and Aloi M and Lloyd-Braga T. "Endogenous Fluctuations in an open economy with increasing returns to scale", Journal of Economic Dynamics and Control , 2000, 24, 97-125.

and Neil Rankin. "Imperfect competition and macroeconomics: a survey", Oxford Economic Papers, 1994, 46, 171-199.

"Unions, oligopoly, and the Natural Range of employment", Economic Journal, 1988, 98, 1127-1147.

"Approximate Bertrand equilibria in a replicated industry", Review of Economic Studies, 1987, LIV, 47-62.

Books

"Surfing economics: essays for the enquiring economist", Palgrave, 2001

"Controversies in macroeconomics: growth, trade and policy", Blackwells, 1999.

"The New Macroeconomics: Imperfect Markets and Policy Effectiveness", C.U.P., 1995, Joint editor with Neil Rankin.

Recent Discussion Papers - all PDF downloadable

Dixon H and Kara E (2012), Taking Multi-Sector Dynamic General Equilibrium Models to the Data, Cardiff Economics Working Papers E2012/8.

Huw Dixon and Kun Tian (2013), What we can learn about the behavior of firms from the average monthly frequency of price-changes: an application to the UK CPI data, Cardiff Economics Working Papers E2013/1.

Brito, Paulo & Dixon, Huw, 2012. "Fiscal policy, entry and capital accumulation: hump-shaped responses," Cardiff Economics Working Papers E2012/7, (forthcoming, Journal of Economic Dynamics and Control)

Luís F. Costa and Huw Dixon (2011): "Fiscal Policy under Imperfect Competition with Flexible Prices: An Overview and Survey", Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon Working Paper 2009/25, published in Economics: The Open-Access, Open-Assessment E-Journal, Vol. 5, 2011-3. doi:10.5018/economics-ejournal.ja.2011-3

Huw Dixon and Panayiotis M. Pourpourides (2010) "General Equilibrium with Monopolistic Firms and Occasionally Binding Cash-in-Advance Constraints", July

Huw Dixon and Herve LeBihan (2010) "Generalized Taylor and Generalized Calvo Price and Wage-Setting: Micro Evidence with Macro Implications", July, CESifo working paper 3119, Economic Journal, 2012, vol. 122, pages 532-554.

Huw Dixon (2009): "A unified framework for understanding and comparing dynamic wage and price setting models", Cardiff Economics Working Paper 2009/20, the B.E.Journal of macroeconomics, (2012), volume 12, issue 1.

Huw Dixon and Luigi Siciliani (2009): "Waiting Time Targets in Healthcare Markets: How Long Are We Waiting?", University of York Discussion Papers in Economics 09/05, Journal of Health Economics, 28, 1081-1098.

Paulo Brito, Luís F. Costa and Huw Dixon (2008): "Non-smooth Dynamics and Multiple Equilibria in a Cournot-Ramsey Model with Endogenous Markups", Cardiff Economics Working Paper 2008/21, September paper

Luís F. Costa and Huw Dixon (2007): "A Simple Business-Cycle Model with Shumpeterian Features", Cardiff Economics Working Paper 2007/28, October paper

Huw Dixon (2007): "New Keynesian macroeconomics: Entry For New Palgrave Dictionary of Economics, 2nd Edition", paper

Huw Dixon and Engin Kara (2007): "Persistence and nominal inertia in a generalized Taylor economy: how longer contracts dominate shorter contracts",

Cardiff Economics Working Paper 2007/1, January paper , forthcoming European Economic Review

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