Research Repository

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Learning, Heterogeneity, and Complexity in the New Keynesian Model (2019)
Journal Article
Levine, P., Calvert Jump, R., & Hommes, C. (in press). Learning, Heterogeneity, and Complexity in the New Keynesian Model. Journal of Economic Behavior and Organization, https://doi.org/10.1016/j.jebo.2019.07.014

We present a New Keynesian model in which a fraction n of agents are fully rational, and a fraction 1 − n of agents are bounded rational. After deriving a simple reduced form, we demonstrate that the Taylor condition is sufficient for determinacy and... Read More

The urban food question in the context of inequality and dietary change: A study of schoolchildren in Accra (2019)
Journal Article
Stevano, S., Johnston, D., & Codjoe, E. (in press). The urban food question in the context of inequality and dietary change: A study of schoolchildren in Accra. Journal of Development Studies, https://doi.org/10.1080/00220388.2019.1632434

Diets are changing globally, as agricultural and food systems have become globalised. Understanding how patterns of globalisation affect welfare is a key development question, but we know little about the way that the globalisation of food systems im... Read More

Can labor emigration affect education of girls? Evidence from Tajikistan (2019)
Journal Article
Gatskova, K., Ivlevs, A., & Dietz, B. (in press). Can labor emigration affect education of girls? Evidence from Tajikistan. Feminist Economics, 25(3), 96-118. https://doi.org/10.1080/13545701.2019.1615101

We study how large-scale, predominantly male, emigration affects the education of girls staying in Tajikistan – the poorest post-Soviet state and one of the most remittance-dependent economies in the world. Using data from a three-wave household pane... Read More

Analyzing the disclosure risk of regression coefficients (2019)
Journal Article
Ritchie, F. (in press). Analyzing the disclosure risk of regression coefficients. Transactions on data privacy,

A major growth area in social science research this century has been access to highly sensitive confidential microdata, often via restricted-access remote facilities. These allow researchers highly unlimited access to manipulate the data but with che... Read More

To Europe or not to Europe? Migration and support for joining the EU in the Western Balkans (2019)
Journal Article
Ivlevs, A., & King, R. (in press). To Europe or not to Europe? Migration and support for joining the EU in the Western Balkans. International Migration Review,

For decades, countries aspiring to join the European Union (EU) have been linked to it through migration. Yet little is known about how migration affects individual support for joining the EU in prospective member states. We explore the relationship... Read More

Determinants of stock prices in the Egyptian stock market: Traditional asset pricing models versus behavioural asset pricing models (2019)
Thesis
Abdou, R. Determinants of stock prices in the Egyptian stock market: Traditional asset pricing models versus behavioural asset pricing models. (Thesis). University of the West of England. Retrieved from https://uwe-repository.worktribe.com/output/850577

The aim of this thesis is to determine a valuation model for stocks in the Egyptian stock market by comparing conventional and behavioural asset pricing models. To achieve this aim, this thesis constructs and tests the following extensions of the Fam... Read More

An agenda without a plan: Robert E Lucas’s trajectory through the public debate (2019)
Journal Article
Goutsmedt, A., Guizzo, D., & Sergi, F. (in press). An agenda without a plan: Robert E Lucas’s trajectory through the public debate. Œ..,

This article explores Robert E. Lucas’s policy agenda and his engagement with the public debate between the late 1960s and late 1980s. It investigates how he interacted with the public debate by envisioning key principles of his macroeconomic theory... Read More

Short and medium term financial-real cycles: An empirical assessment (2019)
Journal Article
Stockhammer, E., Calvert Jump, R., Kohler, K., & Cavallero, J. (2019). Short and medium term financial-real cycles: An empirical assessment. Journal of International Money and Finance, 94, 81-96. https://doi.org/10.1016/j.jimonfin.2019.02.006

Theories such as Minsky’s financial instability hypothesis or New Keynesian financial accelerator models assign a key role to financial factors in business cycle dynamics. We propose a simple VAR-based estimation framework to examine some of the fina... Read More

Capital structure and firm performance in Nigeria (2019)
Journal Article
Yinusa, O. G., Adelopo, I., Rodionova, Y., & Samuel, O. L. (2019). Capital structure and firm performance in Nigeria

This paper examines the impact of capital structure on firm performance in Nigeria as well as test the possibility of non-monotonic relationship between capital structure and firm performance based on the prediction of the agency cost theory of capit... Read More

No history of ideas please, we’re Post-Keynesians? The place of Post-Keynesian economics within the recent history of economic thought (2019)
Journal Article
Guizzo, D. (in press). No history of ideas please, we’re Post-Keynesians? The place of Post-Keynesian economics within the recent history of economic thought. Review of Keynesian Economics,

Despite receiving increased interest after the global financial crisis of 2007/8 and consolidating itself as an established research program, Post-Keynesian economics (PK) remains underrepresented within the publications in the history of economics.... Read More

Endogenous fluctuations and international business cycles (2019)
Working Paper
McKnight, S., & Povoledo, L. Endogenous fluctuations and international business cycles

We introduce equilibrium indeterminacy into a two-country incomplete asset model with imperfect competition to analyze the role of self-fulfilling expectations or beliefs in explaining international business cycles. We show that when self-fulfilling... Read More

Time-use analytics: An improved way of understanding gendered agriculture-nutrition pathways (2018)
Journal Article
Stevano, S., Kadiyala, S., Johnston, D., Malapit, H., Hull, E., & Kalamatianou, S. (2019). Time-use analytics: An improved way of understanding gendered agriculture-nutrition pathways. Feminist Economics, 25(3), 1-22. https://doi.org/10.1080/13545701.2018.1542155

There is a resurgence of interest in time-use research driven, inter alia, by the desire to understand if development interventions, especially when targeted to women, lead to time constraints by increasing work burdens. This has become a primary con... Read More

Confidentiality and linked data (2018)
Book Chapter
Ritchie, F., & Smith, J. Confidentiality and linked data. In G. Roarson (Ed.), Privacy and Data Confidentiality Methods – a National Statistician’s Quality Review, 1-34. Office for National Statistics

This chapter considers the confidentiality issues around linked data. It notes that the use and availability of secondary (adminstrative or social media) data, allied to powerful processing and machine learning techniques, in theory means that re-ide... Read More

Emigration and alcohol consumption among migrant household members staying behind: Evidence from Kyrgyzstan (2018)
Journal Article
Paulone, S., & Ivlevs, A. (2019). Emigration and alcohol consumption among migrant household members staying behind: Evidence from Kyrgyzstan. Social Science and Medicine, 221, 40-48. https://doi.org/10.1016/j.socscimed.2018.12.009

Despite the growth of alcohol consumption and international migration in many developing countries, the links between the two remain underexplored. We study the relationship between emigration of household members, receiving remittances (migrant mone... Read More

Revisiting the Balassa–Samuelson effect: International tourism and cultural proximity (2018)
Journal Article
Tubadji, A., & Nijkamp, P. (2018). Revisiting the Balassa–Samuelson effect: International tourism and cultural proximity. Tourism Economics, 24(8), 915-944. https://doi.org/10.1177/1354816618781468

This article focuses on a neglected part of the well-known Balassa–Samuelson (B-S) effect in international trade, namely, the specific role of tourism in equilibrating the purchasing power parities across areas. The article aims to highlight in parti... Read More

Review of Tavasci & Ventimiglia (eds.) Teaching the History of Economic Thought (2018)
Journal Article
Guizzo, D. (2018). Review of Tavasci & Ventimiglia (eds.) Teaching the History of Economic Thought. History of Economic Ideas, XXVI(2), 192

Daniela Tavasci and Luigi Ventimiglia, two scholars from the School of Economics and Finance at Queen Mary University of London (uk), edited a volume that brings together the contributions of economics educators to the teaching of the history of eco... Read More

Discursive strategies in the Keynes-Hayek debate: Building a liberal critique (2018)
Journal Article
Guizzo, D. (2019). Discursive strategies in the Keynes-Hayek debate: Building a liberal critique. Contributions to Political Economy,

This article addresses an analysis of discourse based on Michel Foucault’s “order of discourse” to comprehend which discursive forces influenced Keynes’s mode of thought and his liberal critique. The article returns to the Keynes-Hayek debate to expl... Read More