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Cecil Duncan MacRae

Personal Details

First Name:Cecil
Middle Name:Duncan
Last Name:MacRae
Suffix:
RePEc Short-ID:pma240

Affiliation

Lee Kong Chian School of Business
Singapore Management University

Singapore, Singapore
http://www.business.smu.edu.sg/

: (65) 6828 0877
(65) 6828 0888
50 Stamford Road, Singapore 178903
RePEc:edi:sbsmusg (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. D. McRae, 1969. "Linear Decision and Control," Working papers 40, Massachusetts Institute of Technology (MIT), Department of Economics.
  2. D. McRae, 1968. "On the Duality Between Allocation and Valuation," Working papers 27, Massachusetts Institute of Technology (MIT), Department of Economics.
  3. D. MacRae, 1968. "Production and Investment in an Equilibrium Economy," Working papers 18, Massachusetts Institute of Technology (MIT), Department of Economics.
  4. D. McRae, 1968. "A Dual Maximum Principle for Discrete-Time Linear Systems with Economic Application," Working papers 20, Massachusetts Institute of Technology (MIT), Department of Economics.

Articles

  1. MacRae, C. Duncan, 1982. "Urban housing with discrete structures," Journal of Urban Economics, Elsevier, vol. 11(2), pages 131-147, March.
  2. MacRae, C. Duncan & Turner, Margery Austin, 1981. "Estimating demand for owner-occupied housing subject to the income tax," Journal of Urban Economics, Elsevier, vol. 10(3), pages 338-356, November.
  3. J. Eric Fredland & C. Duncan MacRae, 1979. "FHA Multifamily Financial Failure: A Review of Empirical Studies," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 7(1), pages 95-122.
  4. David J. Fullerton & C. Duncan MacRae, 1978. "FHA, Racial Discrimination and Urban Mortgages," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 6(4), pages 451-470.
  5. Ann B. Schnare & C. Duncan MacRae, 1978. "The Dynamics of Neighbourhood Change," Urban Studies, Urban Studies Journal Limited, vol. 15(3), pages 327-331, October.
  6. MacRae, C. Duncan & Struyk, Raymond J., 1977. "The Federal Housing Administration (FHA), tenure choice, and residential land use," Journal of Urban Economics, Elsevier, vol. 4(3), pages 360-378, July.
  7. MacRae, C Duncan, 1977. "A Political Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 239-263, April.
  8. MacRae, C Duncan & MacRae, Elizabeth Chase, 1976. "Labor Supply and the Payroll Tax," American Economic Review, American Economic Association, vol. 66(3), pages 408-409, June.
  9. C. Duncan MacRae, 1974. "Equilibrium, Efficiency, and the Golden Rule," The Quarterly Journal of Economics, Oxford University Press, vol. 88(1), pages 143-148.
  10. MacRae, C Duncan, 1972. "The Relation between Unemployment and Inflation in the Laffer-Ranson Model," The Journal of Business, University of Chicago Press, vol. 45(4), pages 513-518, October.
  11. Charles C. Holt & C. Duncan MacRae & Stuart O. Schweitzer & Ralph E. Smith, 1971. "Manpower Proposals for Phase III," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, pages 703-734.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

    Sorry, no citations of working papers recorded.

Articles

  1. MacRae, C. Duncan, 1982. "Urban housing with discrete structures," Journal of Urban Economics, Elsevier, vol. 11(2), pages 131-147, March.

    Cited by:

    1. Khutoretsky Aleksandr, 2001. "Analysis of Short-Term Equilibria in a Housing Market with Application to Development of Housing Policy," EERC Working Paper Series 2k/05e, EERC Research Network, Russia and CIS.

  2. MacRae, C. Duncan & Turner, Margery Austin, 1981. "Estimating demand for owner-occupied housing subject to the income tax," Journal of Urban Economics, Elsevier, vol. 10(3), pages 338-356, November.

    Cited by:

    1. Anderson, John E. & Roy, Atrayee Ghosh, 2001. "Eliminating Housing Tax Preferences: A Distributional Analysis," Journal of Housing Economics, Elsevier, vol. 10(1), pages 41-58, March.
    2. Seko, Miki, 2002. "Nonlinear budget constraints and estimation: effects of subsidized home loans on floor space decisions in Japan," Journal of Housing Economics, Elsevier, vol. 11(3), pages 280-299, September.
    3. Hansson Brusewitz, Urban, 1998. "Self-Selectivity and Kinked Budget Constraints: The Demand for Housing in Sweden," Journal of Housing Economics, Elsevier, vol. 7(3), pages 243-273, September.

  3. Ann B. Schnare & C. Duncan MacRae, 1978. "The Dynamics of Neighbourhood Change," Urban Studies, Urban Studies Journal Limited, vol. 15(3), pages 327-331, October.

    Cited by:

    1. Stephen L. Ross, 2002. "Segregation and Racial Preferences: New Theoretical and Empirical Approaches," Working papers 2002-04, University of Connecticut, Department of Economics, revised Apr 2003.

  4. MacRae, C Duncan, 1977. "A Political Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 239-263, April.

    Cited by:

    1. Gartner, Manfred, 2000. " Political Macroeconomics: A Survey of Recent Developments," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 527-561, December.
    2. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    3. Michal Plaček & Milan Půček & František Ochrana & Milan Křápek & Lenka Matějová, 2016. "Political Business Cycle in the Czech Republic: Case of Municipalities," Prague Economic Papers, University of Economics, Prague, vol. 2016(3), pages 304-320.
    4. Wisniewski, Tomasz Piotr, 2016. "Is there a link between politics and stock returns? A literature survey," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 15-23.
    5. Çağrı Levent Uslu, 2017. "Seat-vote elasticity and the provincial distribution of government spending in Turkey," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(1), pages 49-67, April.
    6. Peter Bloch, 1986. "The politico-economic behavior of authoritarian governments," Public Choice, Springer, vol. 51(2), pages 117-128, January.
    7. Batool, Irem & Sieg, Gernot, 2009. "Pakistan, politics and political business cycles," Economics Department Working Paper Series 7, Technische Universität Braunschweig, Economics Department.
    8. Henry Chappell & William Keech, 1985. "The political viability of rule-based monetary policy," Public Choice, Springer, vol. 46(2), pages 125-140, January.
    9. Manfred Gärtner, 2006. "The political economy of monetary policy conduct and central bank design," University of St. Gallen Department of Economics working paper series 2006 2006-25, Department of Economics, University of St. Gallen.
    10. António Caleiro, 2004. "Economic Policies and Elections, A principal-agent point of view," Economics Working Papers 9_2004, University of Évora, Department of Economics (Portugal).
    11. Toke Aidt & Zareh Asatryan & Lusine Badalyan & Friedrich Heinemann, 2015. "Vote buying or (political) business (cycles) as usual?," Working Papers 2015/23, Institut d'Economia de Barcelona (IEB).
    12. Daniel J. Richards, 1993. "What inflation policy do American voters want, and do they get it?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 33-44.
    13. William Mitchell, 1988. "Virginia, Rochester, and Bloomington: Twenty-five years of public choice and political science," Public Choice, Springer, vol. 56(2), pages 101-119, February.
    14. Shaikh, Imlak, 2017. "The 2016 U.S. presidential election and the Stock, FX and VIX markets," The North American Journal of Economics and Finance, Elsevier, vol. 42(C), pages 546-563.
    15. Manfred Gärtner, 2002. "Monetary policy and central bank behaviour," University of St. Gallen Department of Economics working paper series 2002 2002-24, Department of Economics, University of St. Gallen.
    16. Martin Paldam, 1981. "An essay on the rationality of economic policy: The test-case of the electional cycle," Public Choice, Springer, vol. 37(2), pages 287-305, January.
    17. Ramser, Hans Jürgen, 1977. "Anmerkungen zur Theorie politischer Konjunkturzyklen," Discussion Papers, Series I 105, University of Konstanz, Department of Economics.
    18. Tansey, Michael & Raju, Sudhakar & Stellern, Michael, 2005. "Price controls, trade protectionism and political business cycles in the U.S. steel industry," Journal of Policy Modeling, Elsevier, vol. 27(9), pages 1097-1109, December.
    19. Kim, Sangheon, 2008. "Does political intention affect tax evasion?," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 401-415.
    20. Christopher J. Ellis & Mark A. Thoma, 1991. "Causality In Political Business Cycles," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 39-49, January.
    21. Geys, Benny & Heggedal, Tom-Reiel & Sørensen, Rune J., 2017. "Are bureaucrats paid like CEOs? Performance compensation and turnover of top civil servants," Journal of Public Economics, Elsevier, vol. 152(C), pages 47-54.
    22. Cusack, Thomas R., 1987. "Public expenditure decision making: A comparative analysis," Discussion Papers, various Research Units FGG dp 87-1, Social Science Research Center Berlin (WZB).
    23. Roger Congleton & Yongjing Zhang, 2013. "Is it all about competence? The human capital of U.S. presidents and economic performance," Constitutional Political Economy, Springer, vol. 24(2), pages 108-124, June.
    24. Kirchgässner, Gebhard, 2016. "Voting and Popularity," Economics Working Paper Series 1618, University of St. Gallen, School of Economics and Political Science.
    25. R. Kraeussl & A. Lucas & D. Rijsbergen & P.J. van der Sluis & E. Vrugt, 2008. "Washington meets Wall Street: A Closer Examination of the Presidential Cycle Puzzle," Tinbergen Institute Discussion Papers 08-101/2, Tinbergen Institute.
    26. David J. Smyth & Susan W. Taylor, 1991. "Regional Variations In The Social Preference Function Between Inflation And Unemployment," The Review of Regional Studies, Southern Regional Science Association, vol. 21(1), pages 1-10, Spring.
    27. Gartner, Manfred, 1996. "Political business cycles when real activity is persistent," Journal of Macroeconomics, Elsevier, vol. 18(4), pages 679-692.
    28. Pantzalis, Christos & Stangeland, David A. & Turtle, Harry J., 2000. "Political elections and the resolution of uncertainty: The international evidence," Journal of Banking & Finance, Elsevier, vol. 24(10), pages 1575-1604, October.
    29. William D. Nordhaus, 1989. "Alternative Approaches to the Political Business Cycle," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(2), pages 1-68.
    30. Janet Pack, 1988. "The Congress and fiscal policy," Public Choice, Springer, vol. 58(2), pages 101-122, August.
    31. Richard Schwindt & Aidan Vining & Steven Globerman, 2000. "Net loss: A cost-benefit analysis of the Canadian Pacific salmon fishery," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(1), pages 23-45.
    32. Janet Pack, 1987. "The political policy cycle: Presidential effort vs. presidential control," Public Choice, Springer, vol. 54(3), pages 231-259, August.
    33. Jeffrey S. Zax, 1986. "Trends and Deviations in Federal, State and Local Finance," NBER Working Papers 2063, National Bureau of Economic Research, Inc.
    34. Jochimsen, Beate & Nuscheler, Robert, 2005. "The Political Economy of the German Länder Deficits," Discussion Papers 2005/6, Free University Berlin, School of Business & Economics.
    35. Mohammad Abdul Munim Joarder & A. K. M. Nurul Hossain & Monir Uddin Ahmed, 2016. "Does the central bank contribute to the political monetary cycles in Bangladesh?," Economic Change and Restructuring, Springer, vol. 49(4), pages 365-394, November.
    36. Michael Toma & Richard Cebula, 2001. "Politicians, deficits, and monetary policy in the U.S. revisited," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(4), pages 419-430, November.
    37. Hahn, Volker, 2016. "Designing monetary policy committees," Journal of Economic Dynamics and Control, Elsevier, vol. 65(C), pages 47-67.
    38. Jan Janků, 2016. "Podmíněný politicko-rozpočtový cyklus v zemích OECD
      [Conditional Political Budget Cycle in the OECD Countries]
      ," Politická ekonomie, University of Economics, Prague, vol. 2016(1), pages 65-82.
    39. Bernd Hayo & Florian Neumeier, 2011. "Political Leaders’ Socioeconomic Background and Fiscal Performance in Germany," MAGKS Papers on Economics 201141, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    40. António Caleiro, 2007. "What Does Economics Assume About People?s Knowledge? Who knows?," Economics Working Papers 04_2007, University of Évora, Department of Economics (Portugal).
    41. Sasakura, Kazuyuki, 1995. "Political economic chaos?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(2), pages 213-221, July.
    42. F. Ploeg, 1989. "Disposable income, unemployment, inflation and state spending in a dynamic political-economic model," Public Choice, Springer, vol. 60(3), pages 211-239, March.
    43. Lobo, Bento J. & Tufte, David, 1998. "Exchange Rate Volatility: Does Politics Matter?," Journal of Macroeconomics, Elsevier, vol. 20(2), pages 351-365, April.
    44. Damir Piplica & Ivo Speranda, 2015. "Unemployment and investments in various political environments of The transition countries EU members," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 11(1), pages 23-37.
    45. Dennis Mueller, 2007. "Torsten Persson and Guido Tabellini, The Economic Effects of Constitutions," Constitutional Political Economy, Springer, vol. 18(1), pages 63-68, March.
    46. Mark Hallerberg & Lúcio Vinhas de Souza, 2000. "The Political Business Cycles of EU Accession Countries," Tinbergen Institute Discussion Papers 00-085/2, Tinbergen Institute.
    47. Price, Simon, 1997. "Political Business Cycles and Macroeconomic Credibility: A Survey," Public Choice, Springer, vol. 92(3-4), pages 407-427, September.
    48. Lobo, Bento J., 1999. "Jump risk in the U.S. stock market: Evidence using political information," Review of Financial Economics, Elsevier, vol. 8(2), pages 149-163.
    49. Frey, Bruno S. & Kirchgäßner, Gebhard, 1977. "A basic dilemma in democracy," Discussion Papers, Series I 95, University of Konstanz, Department of Economics.
    50. Ryan Amacher & William Boyes, 1982. "Unemployment rates and political outcomes: An incentive for manufacturing a political business cycle," Public Choice, Springer, vol. 38(2), pages 197-203, January.
    51. Jean-Dominique Lafay & Friedrich Schneider & Werner Pommerehne, 1981. "Les interactions entre économie et politique : synthèse des analyses théoriques et empiriques," Revue Économique, Programme National Persée, vol. 32(1), pages 110-162.
    52. Beja, Edsel, 2014. "Measuring economic ill-being: Evidence for the ‘Philippine Misery Index’," MPRA Paper 59772, University Library of Munich, Germany.
    53. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
    54. Cesar Alberto Campos Coelho, 2004. "Elections and Governments` Behaviour - An Application to Portuguese Municipalities," NIPE Working Papers 8/2004, NIPE - Universidade do Minho.
    55. Faust, Jon & Irons, John S., 1999. "Money, politics and the post-war business cycle," Journal of Monetary Economics, Elsevier, vol. 43(1), pages 61-89, February.
    56. Jon Faust & John S. Irons, 1996. "Money, politics and the post-war business cycle," International Finance Discussion Papers 572, Board of Governors of the Federal Reserve System (U.S.).
    57. Pierre Cahuc, 1989. "Modes de formation des salaires et stagflation : une analyse en termes de théorie des jeux," Revue Économique, Programme National Persée, vol. 40(3), pages 421-440.
    58. Kevin Grier, 2008. "US presidential elections and real GDP growth, 1961–2004," Public Choice, Springer, vol. 135(3), pages 337-352, June.
    59. Ulrich Lächler, 1984. "The political business cycle under rational voting behavior," Public Choice, Springer, vol. 44(3), pages 411-430, January.
    60. John Mikesell, 1978. "Election periods and state tax policy cycles," Public Choice, Springer, vol. 33(3), pages 99-106, January.
    61. Beate Jochimsen & Robert Nuscheler, 2011. "The political economy of the German Lander deficits: weak governments meet strong finance ministers," Applied Economics, Taylor & Francis Journals, vol. 43(19), pages 2399-2415.
    62. Robert Michaels, 1986. "Reinterpreting the role of inflation in politico-economic models," Public Choice, Springer, vol. 48(2), pages 113-124, January.

  5. Charles C. Holt & C. Duncan MacRae & Stuart O. Schweitzer & Ralph E. Smith, 1971. "Manpower Proposals for Phase III," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, pages 703-734.

    Cited by:

    1. Reyher, Lutz & Bach, Hans-Uwe, 1980. "Arbeitskräfte-Gesamtrechnung. Bestände und Bewegungen am Arbeitsmarkt," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 13(4), pages 498-513.

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