Centre for Finance, Credit and Macroeconomics (CFCM)

Publications 2014

CFCM staff have published recently in the Journal of the European Economic Association, the Economic Journal, the Journal of Economic Theory, the International Economic Review, Review of Economics and Statistics, the Journal of Monetary Economics, the Journal of International Economics, the Journal of Money, Credit and Banking, the Journal of Economic Dynamics and Control, the Journal of Health Economics, Economica and many more.

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CFCM discussion papers 2014

CFCM 14/18: Public spending and growth: the role of government accountability

Description
Atsuyoshi Morozumi and Francisco José Veiga

CFCM 14/17: The optimal distribution of the tax burden over the business cycle

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Konstantinos Angelopoulos, Stylianos Asimakopoulos and James Malley

CFCM 14/16: Electoral effects on the composition of public spending and revenue: evidence from a large panel of countries

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Atsuyoshi Morozumi, Francisco Veiga and Linda Veiga empirically examine the effects of elections on the composition of public spending and revenue, for a large panel of countries over the period 1975-2010.

CFCM 14/13: Globalization, Wage Polarization, and the Unstable Great Ratio

Description
Guido Cozzi and Giammario Impullitti analyse the effects of globalization on functional and personal income inequality in a Schumpeterian model of endogenous technological progress with two asymmetric countries, heterogeneous workers, endogenous skill formation and occupational choice.

CFCM 14/12: Optimal progressive taxation in a model with endogenous skill supply

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Konstantinos Angelopoulos, Stylianos Asimakopoulos and James Malley

CFCM 14/11: Tax smoothing in a business cycle model with capital-skill complementarity

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Konstantinos Angelopoulos, Stylianos Asimakopoulos and James Malley

CFCM 14/09: Rented vs. Owner-Occupied Housing and Monetary Policy

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Margarita Rubio analyses how housing tenure (rented vs. owner-occupied) affects both the transmission and the optimal conduct of monetary policy.

CFCM 14/07: Credit Constraints and Spillovers from Foreign Firms in China

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Natasha Agarwal, Chris Milner and Alejandro Riaño find that credit constraints constitute a considerable barrier to the absorption of productivity spillovers originating from the activity of foreign-owned firms for Chinese manufacturing firms.

CFCM 14/05: Firm Dynamics and Residual Inequality in Open Economies

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Gabriel Felbermayr, Giammario Impullitti and Julien Prat

CFCM 14/04: Complex Financial Networks and Systemic Risk: A Review

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Spiros Bougheas and Alan Kirman

 

Centre for Finance, Credit and Macroeconomics

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Enquiries: hilary.hughes@nottingham.ac.uk