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Full List of Publications.

Papers in refereed Journals

  1. The existence of mixed strategy equilibria in a price-setting oligopoly, Economics Letters, 1984, 16, 205-212.

  2. Strategic investment in a competitive industry, Journal of Industrial Economics, 1985, 33, 483-500.

  3. Strategic investment with consistent conjectures, Oxford Economic Papers,1986, (38), 111-128.

  4. Cournot and Bertrand outcomes as equilibria in a strategic metagame, Economic Journal, 1986, 96 conference supplement, 59-70.

  5. The general theory of household and market contingent demand, The Manchester School of Economic and Social Studies, 1987, 45, 287-304.

  6. A simple model of imperfect competition with Walrasian features, Oxford Economic Papers, 1987, 39, 134-160.

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

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

  9. Imperfect competition, unemployment benefit, and the non-neutrality of money: an example, Oxford Economic Papers, 1990, 42, 402-413.

  10. Macroeconomic policy with a floating exchange rate and a unionised non-traded sector, Economic Journal, 1990, 100 conference supplement, 78-90.

  11. Bertrand-Edgeworth equilibria when firms avoid turning customers away, Journal of Industrial Economics, 1990, 39, 131-146.

  12. Macroeconomic policy in a large unionised economy, European Economic Review, 1991, 35, 1427-1448.

  13. The Perfectly competitive outcome as the equilibrium in an Edgeworthian price-quantity game, Economic Journal, 1992, 102, 301-309.

  14. Nominal wage flexibility in a partly unionised economy, The Manchester School of Economic and Social Studies, 1992, 60, 295-306.

  15. Bertrand-Edgeworth Equilibria when firms set discrete prices, Bulletin of Economic Research, 1993, 45, 257-268.

  16. Imperfect competition and macroeconomics: a survey (with Neil Rankin), Oxford Economic Papers, 1994, 46, 171-199.

  17. Inefficient Diversification in multimarket Oligopoly with diseconomies of scope, Economica, 1994, 61, 213-219

  18. Macroeconomic price and quantity responses with heterogeneous product markets, Oxford Economic Papers, 1994, 46, 385-402.

  19. An open economy model with a generalised bargaining framework, (with Michele Santoni), Annales d'Economie et de Statistique, 1995, 37/38, pp.293-318.  Special edition "Recent Developments in the macroeconomics of mperfect competition" ed J.P Laffargue and P.Malgrange.

  20. Macroeconomic equilibrium and reform in a Transitional Economy, (with John Bennett), European Economic Review, 1995, 39, 1465-1486.

  21. Evaluating Competitive Strategies, (with Scott Moss and Steven Wallis)), Journal of Intelligent Systems in Accounting Finance and Management, 1995, 4, 245-258.

  22. Imperfect competition and the Fiscal Multiplier, (with Phil Lawler), Scandinavian journal of Economics, 1996, 98, 219-231.

  23. A Theoretical Macromodel of the Chinese Economy, (with John Bennett) Journal of Comparative Economics, 1996, 22, 277-294.

  24. Fiscal Policy coordination with demand spillovers and unionised labour markets (with Michele Santoni), Economic Journal, March 1997, 107, 403-417.

  25. A comparison of menu-costs in open and closed economies with a mixed industrial structure (joint with Alberto Pompermaier), Open Economies Review, 1999, 4, 365-384.

  26. New Keynesian Economics, Nominal Rigidities and Involuntary Unemployment, Journal of Economic Methodology, 1999, 6, 221-238.

  27. A mixed Industrial structure magnifies the importance of menu costs, (Joint with Claus Thustrup Hansen) European Economic Review, 1999, 43, 1475-1500.

  28. Endogenous Fluctuations in an open economy with increasing returns to scale, (joint with Marta Aloi and Teresa Lloyd-Braga), Journal of Economic Dynamics and Control, 2000, 24, 97-125.

  29. Modelling market power in labour and product markets in a dynamic economy, Ekonomia, 2000, Fall, 1-18.

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

  31. Linear Homothetic Preferences (joint with Bipasa Datta), Economics Letters, 2000, 69, 55-61.

  32. Monetary Policy and Credit in China A Theoretical Analysis (joint with John Bennett), Journal of Macroeconomics, 2001, 23, 297-314.

  33. Strategic responses to regulatory policies: what lessons can be learned from the UK contract Gas market?, (Joint with Joshy Easaw), The Review of Industrial Organisation, 2001, 18, 379-396.

  34. Omega-homothetic Preferences: Theory and applications (joint with Bipasa Datta), Scottish Journal of Political Economy, 2001, 48, 148–163.

  35. Dual Labour Markets and Nominal Rigidity (joint with Henrik Jacobsen Kleven and Claus Thustrup Kreiner).  Oxford economic papers, 2002, 54, pp. 561 – 583.

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

  37. Axelrod Meets Cournot: Oligopoly and the Evolutionary Metaphor (joint with Scott Moss and Steven Wallis), Computational Economics, 2002, 20, 139-156.

  38. Profits, Markups and Entry: Fiscal Policy in an Open Economy (joint with Javier Coto-Martinez), Journal of Economic Dynamics and Control, 2003, 27, 573-597.

  39. The Evolution of Consistent Conjectures (joint with Ernesto Somma), Journal of Economic Behaviour and Organization, 2003, 51, 523-536.

  40. Entry dynamics, demand shocks and induced productivity fluctuations, (joint with Marta Aloi), Ekonomia, 2003, 6, 115-146.

  41. "Free Internet Access and Regulation: A Note," (Joint with Bipasa Datta) Journal of Institutional and Theoretical Economics, (2003), 159(3), 594--598.

  42. “How to compare Taylor and Calvo contracts: a comment on Michael Kiley”, (joint with Engin Kara), Journal of Money, Credit and Banking (2006), 38,  1119-26.

  43. "Learning to collude: An experiment in convergence and equilibrium selection in oligopoly," (joint with Sbriglia, Patrizia & Somma, Ernesto)  Research in Economics, Elsevier, vol. 60(3), pages 155-167, 2006.

  44. Entry and the accumulation of capital: a two state-variable extension to the Ramsey model, (joint with Paulo Brito), forthcoming (December 2009), International Journal of Economic Theory

  45. Can we explain inflation persistence in a way that is consistent with the micro-evidence on nominal rigidity? (joint with Engin Kara), forthcoming Journal of Money, Credit and Banking.

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Journal articles reprinted in books.

  1. Strategic investment in a competitive industry, in Geroski, Phlips, and Ulph (ed) Oligopoly, Competition and Welfare, Blackwells, 1985, pp.115-133.

  2. Strategic Investment with consistent conjectures, in Morris, Slater, Sinclair, Vickers (ed) Strategic Behaviour and Market Structure, Oxford University Press, 1986, pp.111-128.

  3. A simple model of imperfect competition with Walrasian features, in Sinclair (ed) Prices, Quantities, and Expectations, Oxford University Press, 1987, pp.134-160.

  4. A simple model of imperfect competition with  Walrasian  features, in Rod Cross (ed) Unemployment, Hysteresis, and the Natural Rate of Unemployment, Blackwell, 1988, pp.129-157.

  5. Imperfect competition and macroeconomics: a survey (with Neil Rankin), In Dixon and Rankin (Ed), The New Macroeconomics, CUP 1995, pp 34-62.

  6. A simple model of imperfect competition with Walrasian features, in Jean-Pascal Benassy (Ed), Macroeconomics and Imperfect Competition.  Edward Elgar, 1995, pp.154-180.

  7. Imperfect competition, unemployment benefit, and the non-neutrality of money: an example. Pascal Benassy (Ed), Macroeconomics and Imperfect Competition.  Edward Elgar, 1995, pp.181-192.

  8. Unions, oligopoly, and the Natural Range of employment, P.N. Junankar (Ed), Economics of unemployment: causes, consequences, and policies, Edward Elgar (forthcoming).

  9. New Keynesian Economics, Nominal Rigidities and Involuntary Unemployment, Surfing Economics (Huw Dixon), Palgrave (2001).

  10. Imperfect competition and macroeconomics: a survey (with Neil Rankin), in A.L.Booth (Ed) The Economics of Trade Unions, Edward Elgar.

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Books: Sole Author

  • Surfing economics: essays for the enquiring economist. Palgrave (2001).

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Books: Edited

  • The New Macroeconomics: Imperfect Markets and Policy Effectiveness, Cambridge University Press, (1995). (Joint editor with Neil Rankin).

  • Controversies in macroeconomics: growth, trade and policy. Blackwells. (1999)

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Papers and Chapters in books

  1. Oligopoly Theory made simple, in The Economics of Industrial Organisation, Davies S. et al., Longmans, 1988, chapter 4 , pp 127-163. (reprinted in Surfing economics).

  2. Equilibrium and Explanation, in Creedy (ed) The Foundations of Economic Thought, Blackwells, 1990, chapter 13, pp.356-394. (reprinted in Surfing economics).

  3. Some Thoughts on Artificial Intelligence and Economic Theory, in Moss and Rae (eds) Artificial Intelligence and Economic Analysis, Edward Elgar, 1992, pp.131-154. (reprinted in Surfing economics).

  4. Imperfect Competition and Open Economy Macroeconomics, in Ploeg (ed) Handbook of International Macroeconomics, Blackwells, 1994.  Chapter 2, pp.31-59.

  5. La Teoria dell'oligopolio resa semplice, in Luigi Filipini e Andrea Salanti (ed) Razionalita, Impressa, E Informazione: letture di microeconomia.  Torino, 1993,  pp.181-226.

  6. Of Coconuts, Decomposition, and a Jackass: A geneology of the Natural rate of Unemployment, in Rod Cross (ed), The Natural Rate 25 Years on, CUP 1995, pp.57-74.  (reprinted in Surfing economics).

  7. reface and editors introduction,  in The New Macroeconomics: imperfect markets and policy effectiveness, CUP 1995.

  8. Reflections on New Keynesian Economics; the role of Imperfect Competition, in Vane and Snowden (Eds) Reflections on Modern Macroeconomics, Edward Elgar 1998, pp.158-203. (reprinted in Surfing economics).

  9. Old, new and post Keynesians and the IS/LM model (with Bill Gerrard).  In Warren Young and Ben-Zion Zilberfarb (eds),  IS/Lm and Modern Macroeconomics,  pp.7-28.  Kluwer, 2001.

  10. Oligopoly Theory made simple, Readings in Microeconomics, ed M.A.La Manna, Ch/19, pp.375-411, Dryden Press, 1997.

  11. The multiplier in an economy with monopolistic output markets and competitive labour markets, (with marta Aloi and Phil Lawler). Market behaviour and macroeconomic modelling, ed Hans van Ees. Ch 1, pp.3-40, Macmillan Press (1998).

  12. New Keynesian economics: theory and evidence, Backhouse and Salanti (ed) Theory and evidence in Macroeconomics, Oxford University Press (2000), chapter 9 pp.203-214.

  13. Regulatory Policy and the Competition Process in the UK Contract Gas Market: a theoretical analysis, (with Joshi Easaw) in MacKerron G and Pearson P eds, The International Energy Experience: markets, Regulations and the Environment, British Institute of Energy economics, Imperial College London.

  14. Exchange Rates: fundamentals, random walks and volatility. International Economics: Applications, Themes and Debates, Lawler K. (ed). Prentice Hall, chapter 14, pp.243-252.

  15. Real Rigidity, An Encyclopaedia of Macroeconomics, ed Brian Snowden and Howard Vane, Edward Elgar, pp. 616-620.

  16. New Keynesian macroeconomics, New Palgrave Dictionary of Economics, 2nd edition, ed Steven Durlauf  (2007).

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Editorial Introductions/Statements in refereed Journals

  1. Exchange Rates and Fundamentals, Economic Journal,  1999, 109, F652-54

  2. On the use of the 'hidden economy' estimates, Economic Journal, 1999, 109, F335-37.

  3. The Macroecconomics of OECD Unemployment,  Economic Journal, 1998, 108, pp.779-781.

  4. Economics and happiness, Economic Journal, 1997, Vol.107, No.445, pp.1812-1814.

  5. The source and measurement of technical change, Economic Journal, 1997, Vol.107, No.444, pp.1518-1519

  6. On Modelling the Long Run in Applied Economics (with Robert Taylor), Economic Journal, 107(440), January 1997, pp. 165-68.

  7. Economists, the Welfare State and Growth:  The Case of Sweden, Economic Journal, 106(439), November 1996, pp. 1725-26.>

  8. Deindustrialisation and Britain's industrial performance since 1960, Economic Journal, Jan 1996, Vol.106, No.434, pp.170-171.

  9. Microfoundations and the demand for money - An introduction, Economic Journal, 1997, Vol.107, No.443, pp.1169-1170

  10. Finance and development, Economic Journal, 1997, Vol.107, No.442, pp.752-753

  11. Editorial Announcement (with John Hey), Economic Journal,  1995, Vol.105, No.433 (un-numbered page).

  12. Imperfect Competition and contemporary macroeconomics, Portuguese Economic Journal, 2007, Vol. 6, No. 2. (August 2007), pp. 89-93.

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Discussion Papers and mimeos: unpublished

  • Managerial Corporations: an Overview. (with Alan Manning).  Paper presented at "The Economics of Producer Organisations", Yale 1985.

  • Competition and Efficiency: an Overview, Birkbeck College discussion paper 89/1. (pp.43).

  • Coordination failure in Keynesian models: a comment. Mimeo, 1988.

  • Learning with a known average: a simulation study of alternative learning rules (joint with Paolo Lupi), York D.P  97/18.

  • Stability and equilibrium in decision rules: an application to duopoly, (with John Bone), York DP 99/33.

  • Coordination and equilibrium selection in mean-defined supermodular games under payoff monotonic selection dynamics, York DP 99/37 (joint with Ernesto Somma).

  • "Entry Dynamics, Capacity Utilisation and Productivity in a Dynamic Open Economy", (joint with Marta Aloi), York DP 02/05.

  • Persistence and Nominal Inertia in a Generalised Taylor Economy, (joint with Engin Kara), European Central Bank Discussion Paper 489, May 2005.

  • The distribution of contract durations across firms: a unified framework for understanding and comparing dynamic wage and price setting models, ECB working paper 676, September 2006.

  • Understanding inflation persistence: a comparison of different models, (joint with Engin Kara), ECB working paper 672, September 2006.

  • Entry and the accumulation of capital: a two state-variable extension to the Ramsey model (joint with Brito, Paulo), Cardiff working paper E2007/16 (June)

  • A Simple Business-Cycle Model with Shumpeterian Features, (joint with Luis Costa) Cardiff WP E2007/28 (October).

  • "Waiting Time Targets in Healthcare Markets: How Long Are We Waiting?", (joint with Luigi Siciliani ), University of York Discussion Papers in Economics 09/05, 2009.

  • The effects of reforming the Chinese dual-track price system, (Joint with John Bennet and Helen Hu), CEDI 08-14, Brunel.

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Reviews

  • Microeconomic Analysis, second edition. Hal Varian Economic Journal, 94, 247.

  • Cost, use, and value. Francis Seaton. Economic Journal, (96), 1124-1125.

  • Studies in Business Cycle Theory.  R.E.Lucas.  Economic Journal, (98), 509-511.

  • Cournot oligopoly: characterization and applications. A.Daughety (ed) Economica, 1990, (57), 274.

  • Equilibrium Analysis. Hildenbrand W. and Kirman A..  Economic Journal, 1990, (100), 665.

  • Walrasian microeconomics, D.Katzner. Economic Journal, 1990, (100), 1040.

  • Rules and Institutions, Nicholas Rowe.  Economic Journal, 1990, (100), 964-5.

  • Walrasian and non-Walrasian equilibria: an introduction to general equilibrium analysis.  Anjan Mukherji.  Economic Journal, 1990, (100), 1413.

  • Financial structure and economic organisation.  R.M.Townsend.  Economic Journal.  1991, (101), 683.

  • Inflation and unemployment: macroeconomics with a range of equilibria. Ian MacDonald.  British Journal  of Industrial Relations, 1991, 29. 536-537.

  • Macroeconomic Dynamics, Hugh Rose.  Economic Journal, 1992, (102), 967-8.

  • New Keynesian Economics, Volumes 1-2. Mankiw N.G. and Romer D. (eds). Economic Journal, 1992, (102), 1272-5.

  • Reconstructing Keynesian economics with imperfect competition, Robin Marris.  The Manchester School of Economic and Social Studies, 1992, (LX), 344.

  • Issues in contemporary economics, vol. 1-2.  Arrow K.J. and Nerlove M. (eds).  Economic Journal, 1993, (103), 250-253.

  • The New Classical Macroeconomics, vol.1-3.  Kevin Hoover (ed).  Economic Journal, 1993, (103), 1600.

  • Recent Developments in Game Theory.  John Creedy et al., Scottish Journal of Political Economy, 1993, 40, p.237.

  • Microfoundations: a critical inquiry. Maarten Jansen. Economic Journal, 1994, 104, 946-948

  • Advanced Industrial Economics.  Steven Martin.  Economic Journal, 1994, 104,  pp. 1485-1487.

  • The Death of Economics. Paul Ormerod. The Times Higher Education Supplement, 27 May 1994, page 23.

  • Wages and Unemployment, Pierre Picard.  Economic Journal, 1995, 105, pp.767-9.

  • The Goals Of Macroeconomic Policy, Martin Prachowny, The Financial Times, 20th October 1994

  • The performance of the Privatised Industries, ed. Bishop, Kay and Mayer (OUP),  The Financial Times, 30/3/95.

  • Colombo (Blackwells), Economic Journal, forthcoming 1995.

  • Macroeconomics and Imperfect Competition, ed Jean-Pascal Benassy (Edward Elgar), Economic Journal (forthcoming).

  • A critical essay on modern macroeconomics, Hahn and Solow (MIT Press), forthcoming  Review of Economic Studies.

  • Beyond microfoundations: post-Walrasian macroeconomics, David Colander (CUP), forthcoming Economic Journal.

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Non-Economic Writings

  • Women and violence, New statesman and society 1981 , (965),  p.283.

  • Review of Bax Garden of Fand and Britten’s Piano Concerto (Halle/Bridgewater Hall Jan 8th), British Music Society Review No 78, June 1998 p.187.

  • Review of Britten’s violin concerto and Vaughan Williams’s 5th, (BBCPhilarmonia/Leeds Town Hall/March 28th), British Music Society Review No 78, June 1998 p.188.

  • Review of Vaughan Williams’s 4th, (CBSO, Symphony Hall Birmingham), British Music Society Review, No 90, June 2001, p.149.

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