1978 - 1988 Working Papers
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317
Exchange Rate Bands And Realignments In A Stationary Stochastic Setting
(Revised 1988)
M. Miller and P. Weller
309
Solving Stochastic Saddlepoint Systems: A Qualitative Treatment with Economic Applications
(December 1988)
M. Miller and P. Weller
308
Economic Growth in Nineteenth Century Britain: Comparisions with Europe in the Context of Gerschenkron's Hypotheses
(December 1988)
N.F.R. Crafts, S.J. Leybourne and T.C. Mills
307
Reputation, Social Custom and Trade Union Membership
(December 1988)
R. Naylor and M. Cripps
306
An Empirical Investigation into Income Distribution, Market Structure and Unionisation in UK Manufacturing 1980-1984
(November 1988)
M. Conyon
305
Will the Real Bosses Please Stand Up: Marglin and Landes on the Origins of Capitalist Hierarchy (October 1988)
M. Berg
304
Revisions and Revolutions: Technology and Productivity Change in Manufacture in Eighteenth Century England
(October 1988)
M. Berg
303 (not available)
The Revenue and Welfare Effects of Fiscal Harmonization for the UK
302
Coherent Specification of Demand Systems with Corner Solutions and Endogenous Regimes
(September 1988)
A. Van Soest, P. Kooreman and A. Kapteyn
301
Profit-Sharing and Productivity: An International Comparision
(September 1988)
J.R. Cable and N. Wilson
300
Profit-Sharing and Productivity: An Analysis of UK Engineering Firms
(June 1988)
J.R. Cable and N. Wilson
299
Individual Rationality and the Social Valuation of Life
(June 1988)
T. Besley and R. Kanbur
298
Poverty, Incentives and Linear Income Taxation
(June 1988)
R. kanbur and M. Keen
297
Learning Rational Expectations in a Policy Game
(June 1988)
M.W. Cripps
296
Tariff Policy and Imperfect Competition
(May 1988)
G.D. Myles
295
General Equilibrium and Imperfect Competition: Profic Feedback Effects and Price Normalisations
(April 1988)
G.D. Myles and M.W. Cripps
294
Was the Collapse of British Industry after the First World War Inevitable? Structural and Macroeconomic Explanations of Interwar Unemployment
(February 1988)
S.N. Broadberry
293
The Productivity Effects of Unionisation and Firm Size in British Engineering Firms
(March 1988)
S.J. Machin
292
Internal Labor Markets and Democratic Labour Managed Firms
(November 1987)
N.J. Ireland
291
Error Correction Models, co-integration and the Internal Model Principle
(February 1988)
M. Salmon
290
The Sam Approach in Retrospect and Prospect
(November 1987)
G. Pyatt
289
Credibility and the Value of Information Transmission in a Model of Monetary Policy and Inflation
November 1987)
T. Basar and M. Salmon
288
Macroeconomic Policy Games with Incomplete Information - A Survey
(July 1987)
J. Driffill
287
Effective Demand and Unemployment
(September 1987)
T.M. Anderson
286
Unions and the Incidence of Performance Linked Pay Schemes in Britain
(October 1987)
P.A. Gregg and S.J. Machin
285
Product Variety and Imperfectly Competitive Free-Entry Industries: Policy Design, Conjectural Equilibria and Consumption Externalities
(September 1987)
G.D. Myles
284
Information Revelation in a market with Pairwise Meetings
(September 1987)
A. Wolinsky
283
The Influence of Technology and Demand Conditions on Future Prices and Hedging
(July 1987)
P. Weller and M. Yano
282
Closed-Form Solutions to Dynamic Stochastic Choice Problems
(May 1987)
R.E.A. Farmer
281
Human Capital and Self-Enforcing Contracts
(May 1987)
C. Azariadis
280
Optimal Commodity Taxation with Imperfect Competition
(July 1987)
G.D. Myles
279
Control, Technology and the Social Efficiency of Traditional Production: A Bargaining Model of theCapital-Labour Relationship
(June 1987)
J.R. Cable
278
Malnutrition and Poverty in Latin America
(April 1987)
S.M. Ravi Kanbur
277
Global Food Balances and Individual Hunger: Three Themes in the Entitlements based Approach
(April 1987)
S.M. Ravi Kanbur
276
Resource Mobilisation for World War II: A Comparative View of the Soviet Productive Effort 1938-45
(May 1987)
M. Harrison
275
Strikes, Free Riders and Social Customs
(January 1987)
R. Naylor
274
Forecasting and Signal Extraction in Autoregressive Moving Average Models
(October 1986)
P. Burridge and K.F. Wallis
273
Collective Bargaining Arrangements Closed Shops and Relative Pay
(May 1986)
M.B. Stewart
272
Why is Participation Production not the Norm? A Prisioners' Dilemma in the Choice of Work Organisation
(May 1986)
J.R. Cable
271
Taxation and Parameter Uncertainty: Some Examples
(February 1986)
G. Frewer
270
Technological Diffusion: The Viewpoint of Economic Theory
(November 1985)
P.L. Stoneman
269
Labour's Share and Profitability Crisis in the United States: Recent Experience and Post-War Trends
(November 1985)
Andrew Henley
268
Cyclical Variation in Individual Conditional Strike-Settlement Probabilities
(July 1985)
A. Harrison & M Stewart
267
The Relationship between Shareholding Concentration and Shareholder Voting Power in British Companies: A Study of the Application of Power Indices for Simple Games
(September 1985)
D. Leech
266
Finite-Sample Properties of Stochastic Predictors in Nonlinear Systems: Some Initial Results
(July 1985)
R.E. Mariano
265
Optimal Destabilisation, Active Learning and the Choice of Step Length in Policy Reform
(July 1985)
G. Frewer
264
Why Employees Prefer not to Bargain over Jobs
(July 1985)
S. Dowrick
263
General or Specific - An Investigation into Demand for Money Functions in LDC's
(July 1985)
R. Kupisz
262
Ownership Concentration and the Theory of the Firm: A Simple-Game-Theoretic Approach Applied to US Corporations in the 1930's
(July 1985)
D. Leech
261
Class Conflict and Bargaining under Monopoly Capitalism: The Impact of Mass Unemployment and Some Evidence from the U.K.
(June 1985)
S. Dowrick
260
Profitable Cost Increases and the Shifting of Taxation: Equilibrium Response of Markets in Oligopoly
(April 1985)
J. Seade
259
Estimating the Parameters of Interest in a Job Search Model
(March 1985)
W. Narendranathan & S. Nickell
258
Some Tests of Employee Participation Indices
(March 1985)
John Cable
257
Assessing the Degree of Employee Participation: Guttman Scale Tests for the West German Metalworking Industry
(February 1985)
John Cable
256
The Internationalisation of Production and Deindustrialisation
(February 1984)
Keith Cowling
255
Trade Unions, Market Concentration and Income Distribution in United States Manufacturing Industry
(November 1984)
Andrew Henley
254
Innovation and Diffusion - The Implications of an Integrated Approach
(October 1984)
Paul Stoneman & N.J. Ireland
253
Price Adjustment within a Framework of Symmetric Oligopoly: An Analysis of Pricing in 380 U.S. Manufacturing Industries. 1958-71
(July 1984)
John Brack
252
The Effects of Life Assurance and Pension Funds on Other Savings: The Postway U.K. Experience
(May 1984)
C.N. Pitelis
251
Calculating the Variance of Seasonally Adjusted Series
(February 1984)
P. Burridge & K.F. Wallis
250
The Information Matrix Test for the Linear Model
(February 1984)
A.R. Hall
249
Collective Bargaining Structure, Wage Levels and the Functional Distribution of Income
(February 1984)
A. Henley
248
Tariffs, Employment and the Current Account: The Role of Real Wage Resistance
(November 1983, revised)
S. Wijnbergen
247
The Separation of Corporate Ownership and Control: A Reinterpretation of the Evidence of Berle and Means
(January 1984)
D. Leech
246
Efficiency in the Forward Markets for Foreign Exchange
(December 1983)
Richard Urwin
245
Risk Aversion, Inequality Aversion and Optimal Choice of Distributors
(December 1983)
C.D. Fraser
244
Unobserved-Component Models for Seasonal Adjustment Filters
(December 1983)
P. Burridge & K.F. Wallis
243
Wage Determination under Labor-Management: Theory and Evidence from Yugoslavia
(October 1983)
Saul Estrin & Jan Svejnar
242
A Soviet Commander of the Economic Front (N.A. Voznesensky - 1 December 1903-30 Sept. 1950)
(November 1983)
M. Harrison
241
Corporate Control, Social Choice and Capital Accumulation: An Asymmetrical Choice Approach
(November 1983)
C.N. Pitelis
240
Corby: New Town Planning and Imbalanced Development
(July 1983)
M.S. Grieco
239
Family and the Workplace: The Social Organisation of Work
(July 1983)
Richard Whipp & M Grieco
238
The Alleged Separation of Ownership and Control in the Theory of the Firm: A Dynamic, Historical Approach
(October 1983)
R. Sugden & C.N. Pitelis
237
U.K. Strikes in Theory and Practice
(August 1983)
P.A. Geroski and K.G. Knight
236
Contractual Savings and Underconsumption: Realisation Problems of British Capitalism in the Recession
(August 1983)
C.N. Pitelis
235
A Static Framework for the Analysis of Policy Optimisation with Interdependent Economies
(July 1983)
P. Turner
234
Signal Extraction in Nonstationary Series
(August 1983)
P. Burridge and K.F. Wallis
233
The Analysis of Industry Equilibrium: A Theoretical Perspective
(July 1983)
R. Sugden
232
Dynamic Games and the Times Inconsistency of Optimal Policy in Open Economies
(July 1983)
M. Miller and M. Salmon
231
The Effects of Corporate Retentions on Personal Savings: Tests of Rival Hypotheses
(June 1983)
C.N. Pitelis
230
On the Measurement of Market Share Mobility and Entry
(June 1983)
J.R. Cable
229
Dynamic Price Discrimination, Competitiveness and the Matching Process
(April 1983)
C. Doyle
228
Asymmetric Information and Credit Ranking: Another View of Industrial Bank Lending and Britain's Economic Problem
(April 1983)
J.R. Cable and P. Turner
227
The Determination of the Union Status of Workers
(September 1983)
H.S. Farber
226
Cyclical Variations in the Labour Input: A Comparision of Capitalist and Labour Managed Firms
(March 1983)
G. Stewart
225
Wage-Productivity Margins and Market Structure
(March 1983)
G. Stewart
224
Labour-Managed Firms and Monopsony Power
(March 1983)
G. Stewart
223
Job Search and the Firm's Wage Offer Decisions: A Model of Null Offers
(March 1983)
M. Chalkley
222
Why Transnational Corporations?
(February 1983)
R. Sugden
221
Optimal Intervention in an Economy with Trade Unions
(November 1982)
A.J. Oswald
220
Three Theorems on Inflation Taxes and Marginal Employment Subsidies
(November 1982)
A.J. Oswald
219
Business Savings and the Macroeconomic Distribution on Income: The 'Monopoly Saving Function Capitalism' Saving Function
(December 1982)
C.N. Pitalis
218
A Labour-Managed Firm's Reaction Function Reconsidered
(November 1982)
Y. Miyamoto
217
Finite Horizon Job Search, Null Offers and the Duration of Search Unemployment
(October 1982)
M. Chalkley
216
Testing Normality in Econometric Models
(July 1982)
N.M. Kiefer and M. Salmon
215
The Age Structure of Unemployment in Great Britain
(September 1982)
K.G. Knight and M.B. Stewart
214
Financial Organisation and Industrial Efficiency: The Case of West German Banks
(September 1982)
J.R. Cable
213
The Effects and Determinants of Training
(July 1982)
C. Greenhalgh and M.B. Stewart
212
Work History Patterns and the Occupational Attainment of Women
(July 1982)
C. Greenhalgh and M.B. Stewart
211
Occupational Status and Mobility of Men and Women
(July 1982)
C. Greenhalgh and M.B. Stewart
210
On Courtnot-Nash Equilibria with Exogenous Uncertainty
(July 1982)
N.J. Ireland
209
Inflation-adjusting the Public Sector Financial Deficit: Measurement and Implications for Policy
(May 1982)
M. Miller
208
The Degree of Monopoly, International Trade and Transnational Corporations
(May 1982)
R. Sugden
207
On Least Squares Estimation when the Dependent Variable is Grouped
(April 1982)
M.B. Stewart
206
Models of Search in the Labour Market
(April 1982)
M. Chalkley
205
Conduct, Structure and Relative Welfare Losses in Quantity-Setting Duopoly
(May 1982)
J. Cable, Alan Carruth & Avinash Dixit
204
Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation
(August 1981)
W.H. Buiter & M.H. Miller
203
Real Adjustment and Exchange-Rate Neary Dynamics
(November 1981)
J. Peter & D.D. Purvis
202
Wages, Relative Prices and the Choice Between Fixed and Flexible Exchange Rates
(July 1981)
R.C. Marston
201
On the Adequacy of Policy Instruments and Information when the Meaning of Money is Changing
(October 1981)
D.D. Hester
200
Saddlepoint Problems in Continuous Time Rational Expectations Models: A General Method and Some Macroeconomic Examples
(February 1982)
W. Buiter
199
Error Correction Mechanisms
(February 1982)
M. Salmon
198
Models for X-11 and 'X-11-Forecast' Procedures for Preliminary and Revised Seasonal Adjustments
(February 1982)
K.F. Wallis
197
On Utilitarianism and Horizontal Equity as Welfare-Symmetry in Incomes
(July 1981)
J. Seade
196
Reflections on the Invisible Hand (Text of the Fred Hirsch Memorial Lecture 5.11.81)
(November 1981)
Frank Hann
195
Americal Innovation Abroad
(October 1981)
J. Cable &
194
Rational Forecasts from Non-Rational Models
(October 1981)
A. Snell
193
Synopsis: Pricing and Quality Control under Goodwill Loss, I
(July 1981)
C.D. Fraser
192
Bayesian Learning and the Optimal Investment Decision of the Firm
(July 1981)
I. Tonks
191
Short-Run Employment Behaviour of the Labour-Managed Firm: Evidence from Yugoslavia
(July 1981)
G. Stewart
190
Technology, Diffusion, Wages and Employment
(May 1981)
P. Stoneman
189
Uncertainty, Adjustment Costs and Expected Keynesian Unemployment
(April 1981)
C.J. Ellis
188
Wage Share, Concentration and Unionism
(March 1981)
K.G. Cowling & I. Molho
187
Dynamic Models and Expectations Hypotheses
(March 1981)
K.F. Wallis
186
A Model of Bilateral Bargaining in the Labour Market
(December 1980)
C.J. Ellis
185
Oil, Dininflation and Export Competitiveness: A Model of the "Dutch Disease"
(October 1980)
W.H. Buiter & D.D. Purvis
184
Model Validation and Forecast Comparisons: Theoretical and Practical Considerations
(December 1980)
M. Salmon & K.F. Wallis
183
Monetary Policy and International Competitveness
(October 1980)
W.H. Buiter & M.H. Miller
182
Alternative Exchange Rate Regimes and the Transmission of Disturbances: A General Equilibrium Approach
(November 1980)
T. Persson
181
On Random Preferences, Future Flexibility and the Demand for Illiquid Assets (Revised)
(October 1980)
C.D. Fraser
180
Public Enterprise Pricing, Taxation and Market Structure
(October 1980)
P.A. Weller
179
A Note on the Speed of Convergence of Prices in Random Exchange Economies
(October 1980)
P.A. Weller
178
Advertising and Hours of Work in U.S. Manufacturing, 1919 - 75
(September 1980)
J.A. Brack & K.G. Cowling
177
A Simple World Model of Monetart Union - A Note
(September 1980)
J.M. Ellis
176
Optimal Public Policy in Open Economies
(September 1980)
A. Smith
175
'Direct' vs 'Indirect Taxation of Externalities: A General TreatmentDirect' vs 'Indirect Taxation of Externalities: A General Treatment
(September 1980)
B. Lockwood
174
Savings Propensities from Wage and Non-Wage Income
(September 1980)
A.J. Murfin
173
The Gains from Free Trade
(July 1980)
A.K. Dixit & V. Norman
172
PolicyDecentralisation and Exchange Rate Management in Interdependent Economies
(July 1980)
W.H. Buiter & J. Eaton
171
Anti-Inflationary Monetary Policy and the Capital Import Tax
(July 1980)
N. Liviatan
170
Proto-Industry, Political Economy and the Division of Labour
(August 1980)
Maxine Berg
169
A Feldman-Type Model of War Economy
(June 1980)
M. Harrison
168
On the size of a Controlling Share-holding
(May 1980)
D. Leech & J Cubbin
167
A Tentative Analysis of the Stability of a Competition Economy with Externalities
(April 1980)
M. Homma
166
On the Sign of the Optimal Marginal Income Tax
(April 1980)
J. Seade
165
Temporary Equilibrium, Expectations and Notional Spillovers
(February 1980)
C.J. Ellis
164
Keynesian Equilibrium and Fix Price Equilibria
(February 1980)
P. Michel
163
A Dynamic Analysis of Differential Incidence in a Two-Class Economy with Public Capital
(December 1979)
M. Homma
162
Exogeneity
(November 1979)
R.F. Engle, D.F. Hendry & J.F. Richard
161
Spurious Periodicity in Inappropriately Detrended Time Series
(October 1979)
C.R. Nelson & Hejoon Kang
160
Factor Price Rigidities in an Open Economy
(October 1979)
R. Cornes
159
External Effects: An Alternative Formulation
(September 1979)
R. Cornes
158
Population, Internal Migration and Economic Growth: An Empirical Analysis
(August 1979)
R.S. Morland
157
Optimum Taxation with Errors in Administration
(August 1979)
N.H. Stern
156
A General Approach to the Construction of Model Diagostics Based upon the Lagrange Multiplier Principle
(August 1979)
R.F. Engle
155
Dynamic Optimal Taxation, Rational Expectations and Control Theory
(August 1979)
F.E. Kydland & E.C. Prescott
154
Testing Recursiveness in a Triangular Simultaneous Equation Model
(July 1979)
A. Holly
153
Co-operationand Productivity: Some Evidence from West German Experience
(June 1979)
J. Cable & F.R. Fitzroy
152
Soviet Primary Accumulation Processes: Some Unresolved Problems
(June 1979)
M. Harrison
151
Economic Causes and Effects of Mergers in West Germany
(June 1979)
J. Cable
150
Merger Development and Policy in West Germany since 1958
(June 1979)
J. Cable
149
Duality, Quantity Constraints and Consumer Behaviour
(May 1979)
R. Cornes
148
Limit Theorems on the Core of a Many Good Economy with Individual Risks
(May 1979)
P.A. Weller
147
Generalising from Case Studies: The First 46 Reports of the U.K. Price Commission
(April 1979)
T. Hazledine
146
On the Nature of Industrial Market Power in the U.K.
(April 1979)
T. Hazledine
145
Productive Efficiency, Incentive and Employee Participation: A study of the West German Firms
(May 1979)
J.R. Cable & F.R. Fitzroy
144
Monetary Disintegration in South Africa
(February 1979)
A.R. Roe & P. Davies
143
Optimal Nonlinear Policies for Non-Utilitarian Motives
(February 1979)
J. Seade
142
The General Conjectural Model of Oligopoly - Some Classical Points Revisited
(February 1979)
G. Bramness
141
Advertising and Entry Barriers Revisited
(January 1979)
J. Cubbin
140
The Role of Investment in Entry-Deterrence
(January 1979)
A. Dixit
139
Monopolies and Mergers Policy: A View on the Green Paper
(November 1978)
K. Cowling
138
Product Diversity and Welfare: Some Further results
(November 1978)
A. Carruth
137
Monopoly, Vertical Integration and Efficiency: A Study of Courtaulds
(November 1978)
K. Cowling
136
Risk Taking and Taxation: An Alternative Perspective
(October 1978)
S.M. Kanbur
135
Intra-Firm Diffusion, Learning and Profitability
(September 1978)
P. Stoneman
134
On the Capitalisation Hypothesis for Local Public Finance
(September 1978)
D. Starrett
133
On Hartwick's Rule for Constant Utility and Regular Maximin Paths of Capital Accumulation and Resource Depletion
(September 1978)
A. Dixit, P. Hammond & M. Hoel
132
The Theory of Household Behaviour under Rationing
(September 1978)
J.P. Neary & K. Roberts
131
'Peasant Economy', Subordinate Marxism and the Struggle for Socialised Agriculture in the USSE in the 1920's
(September 1978)
M. Harrison
130
An Equilibrium Analysis of Search and Breech of Contract
(August 1978)
P. Diamond & E. Maskin
129
Rational Expectations with Market Power - The Paradox of the Disadvantageous Tariff on Oil
(July 1978)
E. Maskin & D. Newbery
128
The Long Run Evolution of a Rationed Equilibrium Model
(June 1978)
M.C. Blad & A.P. Kirman
127
Anticipated Profitability of Mergers: An Analysis of the Characteristics of Acquired and Acquiring Firms
(April 1978)
J. Cable & J. Hiller
126
Technological Progress, Investment and Diffusion
(February 1978)
P. Stoneman
125
A Model of Duopoly Suggesting a Theory of Entry Barriers
(February 1978)
A.K. Dixit
124
Second-Best Policies in Imperfect Competition: How Improved Information may Lower Welfare
(January 1978)
S. Salop