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Cardiff Business School
Working papers
AS-AD in the Standard Dynamic Neoclassical Model: Business Cycles and Growth Trends
Paper Number: E2012/12
Author(s): Professor Max Gillman
JEL Classification: A22, A23, E13
Keywords: demand, Economics, Ramsey-Cass-Koopmans, state variable, supply
Collusive Communication Schemes in a First-Price Auction
Paper Number: E2012/11
Author(s): Dr Helmuts Azacis
JEL Classification: D44, D82
Keywords: (Bayes) correlated equilibrium, Bidder-optimal signal structure; Collusion, Economics, First price auction, Public and private signals
A Detail-Free Mediator
Paper Number: E2012/10
Author(s): Dr Helmuts Azacis
JEL Classification: C72
Keywords: Correlated equilibrium, detail-free mechanism, Economics, mediated pre-play communication
Taking Multi-Sector Dynamic General Equilibrium Models to the Data
Paper Number: E2012/8
Author(s): Professor Huw Dixon
JEL Classification: E32, E52, E58
Keywords: Calvo, DSGE models, Economics, price-setting, Taylor
Fiscal policy, entry and capital accumulation: hump-shaped responses
Paper Number: E2012/7
Author(s): Professor Huw Dixon
JEL Classification: E22, D92, E32, D92
Keywords: Economics, Entry, fiscal policy, macroeconomic dynamics, Ramsey
Ideas Production in Emerging Economies
Paper Number: E2012/6
Author(s): Professor Kul Luintel
JEL Classification: C2, O3, O4
Keywords: Economics, Ideas Production, Knowledge Diffusion, Panel Co-integration
On the Robustness of R&D
Paper Number: E2012/5
Author(s): Professor Kul Luintel
JEL Classification: C2, O3, O4
Keywords: Bootstrap Simulations, Economics, Heterogeneity, Multifactor Productivity, Panel Cointegration, R&D Capital Stock
Effectiveness and Efficiency of SME Innovation Policy
Paper Number: E2012/4
Author(s): Professor James Foreman-Peck
JEL Classification: L25, R38
Keywords: Economics, Innovation, Policy Evaluation, SME, State Aid
On Imperfect Competition with Occasionally Binding Cash-in-Advance Constraints
Paper Number: E2012/3
Author(s): Dr Panayiotis M. Pourpourides
JEL Classification: D43; E31; E41; E51
Keywords: cash-in-advance; general equilibrium; monopolistic competition; im-perfect competition; money velocity, Economics
Paper Number: E2012/3
Author(s): Professor Huw Dixon
JEL Classification: D43; E31; E41; E51
Keywords: cash-in-advance; general equilibrium; monopolistic competition; im-perfect competition; money velocity, Economics
R&D and Aggregate Fluctuations
Paper Number: E2012/2
Author(s): Dr Panayiotis M. Pourpourides
JEL Classification: C13, C32, C68, E32, O3
Keywords: Cycles; Productivity Shocks; Investment-speci
c Shocks; R&D; VAR, Economics
Seasonal Cycles in the Housing Market
Paper Number: E2012/1
Author(s): Dr Cemil Selcuk
JEL Classification: D39, D49, D83
Keywords: Economics, housing, search, seasonality, thin and thick markets
Cross-Selling, Switching Costs and Imperfect Competition in British Banks
Paper Number: E2011/29
Author(s): Professor Kent Matthews
JEL Classification: G21, L13
Keywords: Economics
Efficiency Convergence Properties of Indonesian Banks 1992-2007
Paper Number: E2011/12
Author(s): Professor Kent Matthews
JEL Classification: G21, G28
Keywords: Banks, Convergence., Economics, Efficiency, Indonesia
Fiscal Policy Multipliers in a New Keynesian Model under Positive and Zero Nominal Interest Rate
Paper Number: E2011/11
JEL Classification:
Keywords: Economics, government spending, Monetary policy, New-Keynesian model, permanent, tax cut, transitory., Zero lower bound,
scal multipliers
An Empirical Analysis of Current Account Determinants in Emerging Asian Economies
Paper Number: E2011_10
JEL Classification: E21, F10, F32, F41
Keywords: Current account; Emerging Asia; Structural and macroeconomic determinants;, Economics
Real Business Cycles with a Human Capital Investment Sector and Endogenous Growth: Persistence, Volatility and Labor Puzzles
Paper Number: E2011/8
Author(s): Professor Max Gillman
JEL Classification: E24; E32; O41
Keywords: Economics, Human capital, labour, Persistence, Real Business Cycle, Volatility
Price-level targeting versus inflation targeting over the long-term
Paper Number: E2011/5
JEL Classification: E52, E58.
Keywords: Economics, government bonds, inflation targeting, optimal indexation, price-level targeting
A Simple Theory of Structural Transformation
Paper Number: E2011/4
Author(s): Professor Max Gillman
JEL Classification: E25, F11, J24, O14
Keywords: Economics, Human Capital Intensity, Labor Shares, Sectoral Allocation, Secular Endogenous Growth
Optimal indexation of government bonds and monetary policy
Paper Number: E2011/3
JEL Classification: E52, E58.
Keywords: Economics, government bonds, inflation targeting, optimal indexation, price-level targeting
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