Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E6: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
/ / / E62: Fiscal Policy; Modern Monetary Theory

2013

• Taha, Roshaiza & Colombage, Sisira R.N. & Maslyuk, Svetlana & Nanthakumar, Loganathan, 2013, "Does financial system activity affect tax revenue in Malaysia? Bounds testing and causality approach," Journal of Asian Economics, Elsevier, volume 24, issue C, pages 147-157, DOI: 10.1016/j.asieco.2012.11.001.
• Chen, Anping & Groenewold, Nicolaas, 2013, "Does investment allocation affect the inter-regional output gap in China? A time-series investigation," China Economic Review, Elsevier, volume 26, issue C, pages 197-206, DOI: 10.1016/j.chieco.2012.03.007.
• Song, Yang, 2013, "Rising Chinese regional income inequality: The role of fiscal decentralization," China Economic Review, Elsevier, volume 27, issue C, pages 294-309, DOI: 10.1016/j.chieco.2013.02.001.
• Frankel, Jeffrey A. & Vegh, Carlos A. & Vuletin, Guillermo, 2013, "On graduation from fiscal procyclicality," Journal of Development Economics, Elsevier, volume 100, issue 1, pages 32-47, DOI: 10.1016/j.jdeveco.2012.07.001.
• van der Ploeg, Frederick & Venables, Anthony J., 2013, "Absorbing a windfall of foreign exchange: Dutch disease dynamics," Journal of Development Economics, Elsevier, volume 103, issue C, pages 229-243, DOI: 10.1016/j.jdeveco.2013.03.001.
• Kuralbayeva, Karlygash, 2013, "Optimal fiscal policy and different degrees of access to international capital markets," Journal of Development Economics, Elsevier, volume 103, issue C, pages 336-352, DOI: 10.1016/j.jdeveco.2013.03.005.
• Mitra, Kaushik & Evans, George W. & Honkapohja, Seppo, 2013, "Policy change and learning in the RBC model," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 10, pages 1947-1971, DOI: 10.1016/j.jedc.2013.05.011.
• Kumhof, Michael & Laxton, Douglas, 2013, "Fiscal deficits and current account deficits," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 10, pages 2062-2082, DOI: 10.1016/j.jedc.2013.05.001.
• Daniel, Betty C. & Shiamptanis, Christos, 2013, "Pushing the limit? Fiscal policy in the European Monetary Union," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 11, pages 2307-2321, DOI: 10.1016/j.jedc.2013.06.003.
• Born, Benjamin & Peter, Alexandra & Pfeifer, Johannes, 2013, "Fiscal news and macroeconomic volatility," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 12, pages 2582-2601, DOI: 10.1016/j.jedc.2013.06.011.
• Candelon, Bertrand & Lieb, Lenard, 2013, "Fiscal policy in good and bad times," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 12, pages 2679-2694, DOI: 10.1016/j.jedc.2013.09.001.
• Peterman, William B., 2013, "Determining the motives for a positive optimal tax on capital," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 1, pages 265-295, DOI: 10.1016/j.jedc.2012.08.004.
• Coenen, Günter & Straub, Roland & Trabandt, Mathias, 2013, "Gauging the effects of fiscal stimulus packages in the euro area," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 2, pages 367-386, DOI: 10.1016/j.jedc.2012.09.006.
• Kollmann, Robert & Ratto, Marco & Roeger, Werner & in′t Veld, Jan, 2013, "Fiscal policy, banks and the financial crisis," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 2, pages 387-403, DOI: 10.1016/j.jedc.2012.09.007.
• Cogan, John F. & Taylor, John B. & Wieland, Volker & Wolters, Maik H., 2013, "Fiscal consolidation strategy," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 2, pages 404-421, DOI: 10.1016/j.jedc.2012.10.004.
• Born, Benjamin & Juessen, Falko & Müller, Gernot J., 2013, "Exchange rate regimes and fiscal multipliers," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 2, pages 446-465, DOI: 10.1016/j.jedc.2012.09.014.
• Lendvai, Julia & Raciborski, Rafal & Vogel, Lukas, 2013, "Macroeconomic effects of an equity transaction tax in a general-equilibrium model," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 2, pages 466-482, DOI: 10.1016/j.jedc.2012.09.010.
• Faia, Ester & Lechthaler, Wolfgang & Merkl, Christian, 2013, "Fiscal stimulus and labor market policies in Europe," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 3, pages 483-499, DOI: 10.1016/j.jedc.2012.09.004.
• Blueschke, D. & Blueschke-Nikolaeva, V. & Savin, I., 2013, "New insights into optimal control of nonlinear dynamic econometric models: Application of a heuristic approach," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 4, pages 821-837, DOI: 10.1016/j.jedc.2012.12.003.
• Abington, Casey & Blankenau, William, 2013, "Government education expenditures in early and late childhood," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 4, pages 854-874, DOI: 10.1016/j.jedc.2012.12.001.
• Santoro, Marika & Wei, Chao, 2013, "The marginal welfare cost of capital taxation: Discounting matters," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 4, pages 897-909, DOI: 10.1016/j.jedc.2012.12.006.
• Chen, Shu-Hua & Guo, Jang-Ting, 2013, "Progressive taxation and macroeconomic (In) stability with productive government spending," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 5, pages 951-963, DOI: 10.1016/j.jedc.2013.01.004.
• Bossi, Luca & Calcott, Paul & Petkov, Vladimir, 2013, "Optimal tax rules and addictive consumption," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 5, pages 984-1000, DOI: 10.1016/j.jedc.2013.01.009.
• Fujiwara, Ippei & Ueda, Kozo, 2013, "The fiscal multiplier and spillover in a global liquidity trap," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 7, pages 1264-1283, DOI: 10.1016/j.jedc.2013.02.006.
• Ascari, Guido & Rankin, Neil, 2013, "The effectiveness of government debt for demand management: Sensitivity to monetary policy rules," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 8, pages 1544-1566, DOI: 10.1016/j.jedc.2012.10.010.
• Creel, Jérôme & Hubert, Paul & Saraceno, Francesco, 2013, "An assessment of the Stability and Growth Pact reform in a small-scale macro-framework," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 8, pages 1567-1580, DOI: 10.1016/j.jedc.2013.04.016.
• Dosi, Giovanni & Fagiolo, Giorgio & Napoletano, Mauro & Roventini, Andrea, 2013, "Income distribution, credit and fiscal policies in an agent-based Keynesian model," Journal of Economic Dynamics and Control, Elsevier, volume 37, issue 8, pages 1598-1625, DOI: 10.1016/j.jedc.2012.11.008.
• Georgia Kaplanoglou & Vassilis T. Rapanos, 2013, "Fiscal Deficits and the Role of Fiscal Governance: The case of Greece," Economic Analysis and Policy, Elsevier, volume 43, issue 1, pages 5-30, March.
• Hüseyin SEN & Ayse KAYA, 2013, "The Role of Taxes as an Automatic Stabilizer: Evidence from Turkey," Economic Analysis and Policy, Elsevier, volume 43, issue 3, pages 303-313, December.
• de Mendonça, Helder Ferreira & Machado, Marcelo Rangel, 2013, "Public debt management and credibility: Evidence from an emerging economy," Economic Modelling, Elsevier, volume 30, issue C, pages 10-21, DOI: 10.1016/j.econmod.2012.09.009.
• Freire-Serén, María Jesús & Panadés i Martí, Judith, 2013, "Tax avoidance, human capital accumulation and economic growth," Economic Modelling, Elsevier, volume 30, issue C, pages 22-29, DOI: 10.1016/j.econmod.2012.08.021.
• Paleologou, Suzanna-Maria, 2013, "Asymmetries in the revenue–expenditure nexus: A tale of three countries," Economic Modelling, Elsevier, volume 30, issue C, pages 52-60, DOI: 10.1016/j.econmod.2012.09.022.
• Chatziantoniou, Ioannis & Duffy, David & Filis, George, 2013, "Stock market response to monetary and fiscal policy shocks: Multi-country evidence," Economic Modelling, Elsevier, volume 30, issue C, pages 754-769, DOI: 10.1016/j.econmod.2012.10.005.
• Cassette, Aurélie & Creel, Jérôme & Farvaque, Etienne & Paty, Sonia, 2013, "Governments under influence: Country interactions in discretionary fiscal policy," Economic Modelling, Elsevier, volume 30, issue C, pages 79-89, DOI: 10.1016/j.econmod.2012.08.032.
• Muinelo-Gallo, Leonel & Roca-Sagalés, Oriol, 2013, "Joint determinants of fiscal policy, income inequality and economic growth," Economic Modelling, Elsevier, volume 30, issue C, pages 814-824, DOI: 10.1016/j.econmod.2012.11.009.
• Trachanas, Emmanouil & Katrakilidis, Constantinos, 2013, "The dynamic linkages of fiscal and current account deficits: New evidence from five highly indebted European countries accounting for regime shifts and asymmetries," Economic Modelling, Elsevier, volume 31, issue C, pages 502-510, DOI: 10.1016/j.econmod.2012.12.026.
• Jooste, Charl & Liu, Guangling (Dave) & Naraidoo, Ruthira, 2013, "Analysing the effects of fiscal policy shocks in the South African economy," Economic Modelling, Elsevier, volume 32, issue C, pages 215-224, DOI: 10.1016/j.econmod.2013.02.011.
• Mayer, Eric & Rüth, Sebastian & Scharler, Johann, 2013, "Government debt, inflation dynamics and the transmission of fiscal policy shocks," Economic Modelling, Elsevier, volume 33, issue C, pages 762-771, DOI: 10.1016/j.econmod.2013.05.011.
• Fanti, Luciano & Spataro, Luca, 2013, "On the relationship between fertility and public national debt," Economic Modelling, Elsevier, volume 33, issue C, pages 843-849, DOI: 10.1016/j.econmod.2013.06.003.
• Hamdi, Helmi & Sbia, Rashid, 2013, "Dynamic relationships between oil revenues, government spending and economic growth in an oil-dependent economy," Economic Modelling, Elsevier, volume 35, issue C, pages 118-125, DOI: 10.1016/j.econmod.2013.06.043.
• Akanbi, Olusegun Ayodele, 2013, "Macroeconomic effects of fiscal policy changes: A case of South Africa," Economic Modelling, Elsevier, volume 35, issue C, pages 771-785, DOI: 10.1016/j.econmod.2013.08.039.
• Ragan, Kelly S., 2013, "Quantitative evidence on the welfare effects of home sector fiscal policy," Economics Letters, Elsevier, volume 118, issue 2, pages 400-403, DOI: 10.1016/j.econlet.2012.11.030.
• Evans, George W. & Mitra, Kaushik, 2013, "E-stability in the stochastic Ramsey model," Economics Letters, Elsevier, volume 118, issue 2, pages 407-410, DOI: 10.1016/j.econlet.2012.11.033.
• Klomp, Jeroen & de Haan, Jakob, 2013, "Popular protest and political budget cycles: A panel data analysis," Economics Letters, Elsevier, volume 120, issue 3, pages 516-520, DOI: 10.1016/j.econlet.2013.05.030.
• Piergallini, Alessandro & Postigliola, Michele, 2013, "Non-linear budgetary policies: Evidence from 150 years of Italian public finance," Economics Letters, Elsevier, volume 121, issue 3, pages 495-498, DOI: 10.1016/j.econlet.2013.09.030.
• Cho, Dooyeon & Rhee, Dong-Eun, 2013, "Nonlinear effects of government debt on private consumption: Evidence from OECD countries," Economics Letters, Elsevier, volume 121, issue 3, pages 504-507, DOI: 10.1016/j.econlet.2013.10.013.
• Dalton, John T. & Goksel, Turkmen, 2013, "Firm taxation and the endogenous distribution of markups," Economics Letters, Elsevier, volume 121, issue 3, pages 520-523, DOI: 10.1016/j.econlet.2013.10.010.
• Neyapti, Bilin, 2013, "Fiscal decentralization, fiscal rules and fiscal discipline," Economics Letters, Elsevier, volume 121, issue 3, pages 528-532, DOI: 10.1016/j.econlet.2013.10.006.
• Ayala, Astrid & Blazsek, Szabolcs, 2013, "Structural breaks in public finances in Central and Eastern European countries," Economic Systems, Elsevier, volume 37, issue 1, pages 45-60, DOI: 10.1016/j.ecosys.2012.06.004.
• Hebous, Shafik & Zimmermann, Tom, 2013, "Estimating the effects of coordinated fiscal actions in the euro area," European Economic Review, Elsevier, volume 58, issue C, pages 110-121, DOI: 10.1016/j.euroecorev.2012.12.002.
• Angelopoulos, Konstantinos & Jiang, Wei & Malley, James R., 2013, "Tax reforms under market distortions in product and labour markets," European Economic Review, Elsevier, volume 61, issue C, pages 28-42, DOI: 10.1016/j.euroecorev.2013.03.003.
• Adão, Bernardino & Correia, Isabel, 2013, "Labor immobility and the transmission mechanism of monetary policy in a monetary union," European Economic Review, Elsevier, volume 63, issue C, pages 28-46, DOI: 10.1016/j.euroecorev.2013.05.003.
• Gliksberg, Baruch, 2013, "Monetary policy and fiscal limits with no-default," European Economic Review, Elsevier, volume 64, issue C, pages 285-304, DOI: 10.1016/j.euroecorev.2013.09.007.
• Jaramillo, Laura & Weber, Anke, 2013, "Bond yields in emerging economies: It matters what state you are in," Emerging Markets Review, Elsevier, volume 17, issue C, pages 169-185, DOI: 10.1016/j.ememar.2013.09.003.
• Cologni, Alessandro & Manera, Matteo, 2013, "Exogenous oil shocks, fiscal policies and sector reallocations in oil producing countries," Energy Economics, Elsevier, volume 35, issue C, pages 42-57, DOI: 10.1016/j.eneco.2011.11.020.
• Lofgren, Hans & Cicowiez, Martin & Diaz-Bonilla, Carolina, 2013, "MAMS – A Computable General Equilibrium Model for Developing Country Strategy Analysis," Handbook of Computable General Equilibrium Modeling, Elsevier, chapter 0, in: Peter B. Dixon & Dale Jorgenson, "Handbook of Computable General Equilibrium Modeling", DOI: 10.1016/B978-0-444-59568-3.00004-3.
• Fahrholz, Christian & Wójcik, Cezary, 2013, "The Eurozone needs exit rules," Journal of Banking & Finance, Elsevier, volume 37, issue 11, pages 4665-4674, DOI: 10.1016/j.jbankfin.2013.05.016.
• Li, Lei, 2013, "TARP funds distribution and bank loan supply," Journal of Banking & Finance, Elsevier, volume 37, issue 12, pages 4777-4792, DOI: 10.1016/j.jbankfin.2013.08.009.
• Koenig, Tobias & Wagener, Andreas, 2013, "Tax structure and government expenditures with tax equity concerns," Journal of Economic Behavior & Organization, Elsevier, volume 90, issue C, pages 137-153, DOI: 10.1016/j.jebo.2012.04.019.
• Neveu, Andre R., 2013, "Fiscal policy and business cycle characteristics in a heterogeneous agent macro model," Journal of Economic Behavior & Organization, Elsevier, volume 92, issue C, pages 224-240, DOI: 10.1016/j.jebo.2013.06.006.
• Lu, Yang K., 2013, "Optimal policy with credibility concerns," Journal of Economic Theory, Elsevier, volume 148, issue 5, pages 2007-2032, DOI: 10.1016/j.jet.2013.04.015.
• Barseghyan, Levon & Battaglini, Marco & Coate, Stephen, 2013, "Fiscal policy over the real business cycle: A positive theory," Journal of Economic Theory, Elsevier, volume 148, issue 6, pages 2223-2265, DOI: 10.1016/j.jet.2013.07.012.
• Belo, Frederico & Gala, Vito D. & Li, Jun, 2013, "Government spending, political cycles, and the cross section of stock returns," Journal of Financial Economics, Elsevier, volume 107, issue 2, pages 305-324, DOI: 10.1016/j.jfineco.2012.08.016.
• Bohn, Frank, 2013, "Grand corruption instead of commitment? Reconsidering time-inconsistency of monetary policy," Journal of International Money and Finance, Elsevier, volume 32, issue C, pages 478-490, DOI: 10.1016/j.jimonfin.2012.05.021.
• Chihi, Foued & Normandin, Michel, 2013, "External and budget deficits in some developing countries," Journal of International Money and Finance, Elsevier, volume 32, issue C, pages 77-98, DOI: 10.1016/j.jimonfin.2012.03.002.
• Baum, Anja & Checherita-Westphal, Cristina & Rother, Philipp, 2013, "Debt and growth: New evidence for the euro area," Journal of International Money and Finance, Elsevier, volume 32, issue C, pages 809-821, DOI: 10.1016/j.jimonfin.2012.07.004.
• Iwata, Yasuharu, 2013, "Two fiscal policy puzzles revisited: New evidence and an explanation," Journal of International Money and Finance, Elsevier, volume 33, issue C, pages 188-207, DOI: 10.1016/j.jimonfin.2012.11.015.
• Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2013, "Fiscal space and sovereign risk pricing in a currency union," Journal of International Money and Finance, Elsevier, volume 34, issue C, pages 131-163, DOI: 10.1016/j.jimonfin.2012.11.008.
• Bénétrix, Agustín S. & Lane, Philip R., 2013, "Fiscal cyclicality and EMU," Journal of International Money and Finance, Elsevier, volume 34, issue C, pages 164-176, DOI: 10.1016/j.jimonfin.2012.11.009.
• Flodén, Martin, 2013, "A role model for the conduct of fiscal policy? Experiences from Sweden," Journal of International Money and Finance, Elsevier, volume 34, issue C, pages 177-197, DOI: 10.1016/j.jimonfin.2012.11.010.
• Beetsma, Roel & Giuliodori, Massimo & de Jong, Frank & Widijanto, Daniel, 2013, "Spread the news: The impact of news on the European sovereign bond markets during the crisis," Journal of International Money and Finance, Elsevier, volume 34, issue C, pages 83-101, DOI: 10.1016/j.jimonfin.2012.11.005.
• Agnello, Luca & Castro, Vitor & Sousa, Ricardo M., 2013, "What determines the duration of a fiscal consolidation program?," Journal of International Money and Finance, Elsevier, volume 37, issue C, pages 113-134, DOI: 10.1016/j.jimonfin.2013.05.012.
• Caporale, Guglielmo Maria & Girardi, Alessandro, 2013, "Fiscal spillovers in the Euro area," Journal of International Money and Finance, Elsevier, volume 38, issue C, pages 84.1-84.16, DOI: 10.1016/j.jimonfin.2013.05.002.
• Fujii, Takao & Hiraga, Kazuki & Kozuka, Masafumi, 2013, "Effects of public investment on sectoral private investment: A factor augmented VAR approach," Journal of the Japanese and International Economies, Elsevier, volume 27, issue C, pages 35-47, DOI: 10.1016/j.jjie.2012.11.003.
• Kato, Ryuta Ray & Miyamoto, Hiroaki, 2013, "Fiscal stimulus and labor market dynamics in Japan," Journal of the Japanese and International Economies, Elsevier, volume 30, issue C, pages 33-58, DOI: 10.1016/j.jjie.2013.10.001.
• Arai, Real & Ueda, Junji, 2013, "A numerical evaluation of the sustainable size of the primary deficit in Japan," Journal of the Japanese and International Economies, Elsevier, volume 30, issue C, pages 59-75, DOI: 10.1016/j.jjie.2013.10.003.
• Gokan, Yoichi, 2013, "Indeterminacy, labor and capital income taxes, and non-linear tax schedules," Journal of Macroeconomics, Elsevier, volume 36, issue C, pages 138-149, DOI: 10.1016/j.jmacro.2013.01.001.
• Tesfaselassie, Mewael F., 2013, "Trend productivity growth and the government spending multiplier," Journal of Macroeconomics, Elsevier, volume 37, issue C, pages 197-207, DOI: 10.1016/j.jmacro.2013.04.003.
• El Anshasy, Amany A. & Katsaiti, Marina-Selini, 2013, "Natural resources and fiscal performance: Does good governance matter?," Journal of Macroeconomics, Elsevier, volume 37, issue C, pages 285-298, DOI: 10.1016/j.jmacro.2013.05.006.
• Mukoyama, Toshihiko, 2013, "Understanding the welfare effects of unemployment insurance policy in general equilibrium," Journal of Macroeconomics, Elsevier, volume 38, issue PB, pages 347-368, DOI: 10.1016/j.jmacro.2013.08.022.
• Heer, Burkhard & Süssmuth, Bernd, 2013, "Tax bracket creep and its effects on income distribution," Journal of Macroeconomics, Elsevier, volume 38, issue PB, pages 393-408, DOI: 10.1016/j.jmacro.2013.08.015.
• Lamo, Ana & Pérez, Javier J. & Schuknecht, Ludger, 2013, "Are government wages interlinked with private sector wages?," Journal of Policy Modeling, Elsevier, volume 35, issue 5, pages 697-712, DOI: 10.1016/j.jpolmod.2012.12.003.
• Trachanas, Emmanouil & Katrakilidis, Constantinos, 2013, "Fiscal deficits under financial pressure and insolvency: Evidence for Italy, Greece and Spain," Journal of Policy Modeling, Elsevier, volume 35, issue 5, pages 730-749, DOI: 10.1016/j.jpolmod.2013.03.013.
• Ahmad, Nazneen & Xiao, Wei, 2013, "End of double taxation: Is the policy better when announced?," Journal of Policy Modeling, Elsevier, volume 35, issue 6, pages 928-942, DOI: 10.1016/j.jpolmod.2012.12.004.
• Carlino, Gerald A. & Inman, Robert P., 2013, "Local deficits and local jobs: Can US states stabilize their own economies?," Journal of Monetary Economics, Elsevier, volume 60, issue 5, pages 517-530, DOI: 10.1016/j.jmoneco.2013.04.015.
• Heylen, Freddy & Hoebeeck, Annelies & Buyse, Tim, 2013, "Government efficiency, institutions, and the effects of fiscal consolidation on public debt," European Journal of Political Economy, Elsevier, volume 31, issue C, pages 40-59, DOI: 10.1016/j.ejpoleco.2013.03.001.
• Merola, Rossana & Pérez, Javier J., 2013, "Fiscal forecast errors: Governments versus independent agencies?," European Journal of Political Economy, Elsevier, volume 32, issue C, pages 285-299, DOI: 10.1016/j.ejpoleco.2013.09.002.
• Golosov, Mikhail & Troshkin, Maxim & Tsyvinski, Aleh & Weinzierl, Matthew, 2013, "Preference heterogeneity and optimal capital income taxation," Journal of Public Economics, Elsevier, volume 97, issue C, pages 160-175, DOI: 10.1016/j.jpubeco.2012.10.006.
• Chen, Been-Lon & Lu, Chia-Hui, 2013, "Optimal factor tax incidence in two-sector human capital-based models," Journal of Public Economics, Elsevier, volume 97, issue C, pages 75-94, DOI: 10.1016/j.jpubeco.2012.09.008.
• Gnangnon, Sena Kimm, 2013, "The consequences of fiscal episodes in OECD DAC countries for aid supply," The Quarterly Review of Economics and Finance, Elsevier, volume 53, issue 3, pages 302-313, DOI: 10.1016/j.qref.2013.05.004.
• Owyang, Michael T. & Zubairy, Sarah, 2013, "Who benefits from increased government spending? A state-level analysis," Regional Science and Urban Economics, Elsevier, volume 43, issue 3, pages 445-464, DOI: 10.1016/j.regsciurbeco.2013.02.005.
• Afonso, António & Jalles, João Tovar, 2013, "Growth and productivity: The role of government debt," International Review of Economics & Finance, Elsevier, volume 25, issue C, pages 384-407, DOI: 10.1016/j.iref.2012.07.004.
• Larch, Mario & Lechthaler, Wolfgang, 2013, "Buy National or Buy International? The optimal design of government spending in an open economy," International Review of Economics & Finance, Elsevier, volume 26, issue C, pages 87-108, DOI: 10.1016/j.iref.2012.08.010.
• Park, Hyun, 2013, "Do habits generate endogenous fluctuations in a growing economy?," International Review of Economics & Finance, Elsevier, volume 27, issue C, pages 54-68, DOI: 10.1016/j.iref.2012.09.003.
• Denis Green, 2013, "Monetary and Fiscal Policy Under Uncertainty," Journal of Economics and Econometrics, Economics and Econometrics Society, volume 56, issue 3, pages 72-108.
• Oscar Parkyn & Tugrul Vehbi, 2013, "The Effects of Fiscal Policy in New Zealand: Evidence from a VAR Model with Debt Constraints," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2013-04, Feb.
• Nicholas Apergis & Arusha Cooray, 2013, "Forecasting Fiscal Variables: Only a Strong Growth Plan Can Sustain the Greek Austerity Programs - Evidence from Simultaneous and Structural Models," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2013-25, May.
• Rod Tyers, 2013, "Looking Inward for Transformative Growth in China," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2013-48, Aug.
• Punnoose Jacob, 2013, "Deep Habits, Price Rigidities and the Consumption Response to Government Spending," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2013-72, Nov.
• Fatih KARANFIL & Ata OZKAYA, 2013, "Indirect Taxes, Social Expenditures and Poverty:What Linkage?," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, volume 13, issue 3, pages 337-350.
• David Lodge & Marta Rodriguez-Vives, 2013, "How long can austerity persist? The factors that sustain fiscal consolidations," European Journal of Government and Economics, Europa Grande, volume 2, issue 1, pages 5-24, June.
• Marius Ikpe & Alwell Nteegah, 2013, "Value Added Tax and price stability in Nigeria: A partial equilibrium analysis," European Journal of Government and Economics, Europa Grande, volume 2, issue 2, pages 137-147, December.
• Vlamis, Prodromos, 2013, "Greek fiscal crisis and repercussions for the property market," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 52627, Sep.
• Apergis, Nicholas & Cooray, Arusha, 2013, "New evidence on the remedies of the Greek sovereign debt problem," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 55266, Nov.
• Silvana Bartoletto & Bruno Chiarini & Elisabetta Marzano, 2013, "Is the Italian public debt really unsustainable? An historical comparison, 1861-2010," Working Papers, Economic History Society, number 13022, Apr.
• Ricardo Félix & Gabriela Castro & José Maria & Paulo Júlio, 2013, "Fiscal Multipliers in a Small Euro Area Economy: How Big Can They Get in Crisis Times?," EcoMod2013, EcoMod, number 5307, Jun.
• Vitor Carvalho & Diogo Barbosa & Paulo Jorge Pereira, 2013, "The interaction between firms and Government in the context of investment decisions: a real options approach," EcoMod2013, EcoMod, number 5390, Jun.
• Luiz Fernando de Paula & Manoel Carlos de Castro Pires, 2013, "The effects of fiscal policy after the global recession: Assessing the evidences," Brazilian Journal of Political Economy, Center of Political Economy, volume 33, issue 2, pages 315-321.
• Finn Laursen, 2013, "The European integration at the crossroad," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 82, issue 01, pages 35-60.
• Reynold F. Nesiba, 2013, "Do Institutionalists and post-Keynesians share a common approach to Modern Monetary Theory (MMT)?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 10, issue 1, pages 44-60.
• Achim Truger, 2013, "Austerity in the euro area: the sad state of economic policy in Germany and the EU," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 10, issue 2, pages 158-174.
• Richard C. Koo, 2013, "Balance sheet recession as the ‘other half’ of macroeconomics," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, volume 10, issue 2, pages 136-157.
• Thomas R. Michl, 2013, "Public debt, growth, and distribution," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 1, pages 120-144, January.
• Amitava Krishna Dutt, 2013, "Government spending, aggregate demand, and economic growth," Review of Keynesian Economics, Edward Elgar Publishing, volume 1, issue 1, pages 105-119, January.
• David Rosnick & Mark Weisbrot, 2013, "Policy Alternatives for a Return to Full Employment in Spain," CEPR Reports and Issue Briefs, Center for Economic and Policy Research (CEPR), number 2013-17, Nov.
• Maria Monica WIHARDJA, 2013, "Financial Integration Challenges in ASEAN beyond 2015," Working Papers, Economic Research Institute for ASEAN and East Asia (ERIA), number DP-2013-27, Nov.
• Ernest Gnan (ed.), 2013, "The Interaction of Political, Fiscal and Financial Stability: Lessons from the Crisis," SUERF Studies, SUERF - The European Money and Finance Forum, number 2013/1, ISBN: ARRAY(0x820f7288), May.
• Morten Balling & Peter Egger & Ernest Gnan (ed.), 2013, "States, Banks, and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives," SUERF Studies, SUERF - The European Money and Finance Forum, number 2013/2, ISBN: ARRAY(0x81fe04b0), May.
• Morten Balling & Ernest Gnan & Johannes Holler (ed.), 2013, "The Future of Sovereign Borrowing in Europe," SUERF Studies, SUERF - The European Money and Finance Forum, number 2013/5, ISBN: ARRAY(0x845ec1e8), May.
• Alexander Chudik & Kamiar Mohaddes & M. Hashem Pesaran & Mehdi Raissi, 2013, "Debt, Inflation and Growth: Robust Estimation of Long-Run Effects in Dynamic Panel Data Models," Working Papers, Economic Research Forum, number 817, Dec, revised Dec 2013.
• Francisco de Castro & Laura Fernández, 2013, "The Effects Of Fiscal Shocks On The Exchange Rate In Spain," The Economic and Social Review, Economic and Social Studies, volume 44, issue 2, pages 151-180.
• Nimai Das, 2013, "Subnational-level Fiscal Health: Stability and Sustainability Implications for Kerala, Punjab, and West Bengal," Working Papers, eSocialSciences, number id:5589, Nov.
• Niemann, S & Pichler, P, 2013, "Collateral, liquidity and debt sustainability," Economics Discussion Papers, University of Essex, Department of Economics, number 8979.
• Abigail Rodríguez Nava. & Carmelina Ruiz Alarcón., 2013, "Contribución efectiva al Impuesto Sobre la Renta en personas del régimen general," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, volume 38, issue 1, pages 9-49, Enero-Jun, DOI: 10.24275/ETYPUAM/NE/382013/Rodrigue.
• Werner Roeger & Jan in 't Veld, 2013, "Expected sovereign defaults and fiscal consolidations," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 479, Apr.
• Katia Berti, 2013, "Stochastic public debt projections using the historical variance-covariance matrix approach for EU countries," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 480, Apr.
• Michael Bergman & Michael M. Hutchison & Svend E. Hougaard Jensen, 2013, "Do Sound Public Finances Require Fiscal Rules Or Is Market Pressure Enough?," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 489, Apr.
• Savina Princen & Gilles Mourre, 2013, "The role of tax policy in times of fiscal consolidation," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 502, Aug.
• Katia Berti & Francisco de Castro & Matteo Salto, 2013, "Effects of fiscal consolidation envisaged in the 2013 Stability and Convergence Programmes on public debt dynamics in EU Member States," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 504, Sep.
• Mariana Tomova & Andras Rezessy & Artur Lenkowski & Emmanuelle Maincent, 2013, "EU governance and EU funds - testing the effectiveness of EU funds in a sound macroeconomic framework," European Economy - Economic Papers 2008 - 2015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, number 510, Dec.
• Roger E. Backhouse & James Forder, 2013, "Rationalizing Incomes Policy in Britain, 1948-1979," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, volume 2013, issue 1, pages 17-35.
• Tommaso Ferraresi & Andrea Roventini & Giorgio Fagiolo, 2013, "Fiscal policies and credit regimes: a tvar approach," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2013-02, Feb.
• Sabine le Bayon & Pierre Madec & Christine Rifflart, 2013, "Marché locatif privé : état des lieux et évaluation des dernières mesures gouvernementales," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2013-05, Apr.
• Catherine Mathieu & Henri Sterdyniak, 2013, "Redemption," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2013-06, May.
• Jérôme Creel & Paul Hubert & Francesco Saraceno,, 2013, "Assessing future sustainability of french public finances," Documents de Travail de l'OFCE, Observatoire Francais des Conjonctures Economiques (OFCE), number 2013-11, Jul.
• Giuseppe Lucio Gaeta & Salvatore Ercolano & Elina De Simone, 2013, "Fiscal Residuum and Localization of Foreign Direct Investments among Chinese Provinces," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 8, issue 4, pages 552-570, December.
• Walid Oueslati, 2013, "Short and Long-term Effects of Environmental Tax Reform," Working Papers, Fondazione Eni Enrico Mattei, number 2013.09, Jan.
• Szabolcs Szikszai & Tamás Badics & Csilla Raffai & Zsolt Stenger & András Tóthmihály, 2013, "Studies in Financial Systems No 8 Hungary," FESSUD studies, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number fstudy08, May.
• R. Anton Braun & Karen A. Kopecky & Tatyana Koreshkova, 2013, "Old, sick, alone, and poor: a welfare analysis of old-age social insurance programs," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2013-02, Jul.
• Nikolay Gospodinov & Damba Lkhagvasuren, 2013, "A moment-matching method for approximating vector autoregressive processes by finite-state Markov chains," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2013-05, Sep.
• Anastasios G. Karantounias, 2013, "Optimal Fiscal Policy with Recursive Preferences," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2013-07, Sep.
• Alexander Chudik & Kamiar Mohaddes & M. Hashem Pesaran & Mehdi Raissi, 2013, "Debt, inflation and growth robust estimation of long-run effects in dynamic panel data models," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 162, Nov.
• Michael D. Plante, 2013, "The long–run macroeconomic impacts of fuel subsidies," Working Papers, Federal Reserve Bank of Dallas, number 1303, DOI: 10.24149/wp1303.
• William T. Gavin & Benjamin D. Keen & Finn E. Kydland, 2013, "Monetary policy, the tax code, and the real effects of energy shocks," Working Papers, Federal Reserve Bank of Dallas, number 1304, DOI: 10.24149/wp1304.
• Òscar Jordà & Alan M. Taylor, 2013, "The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2013-25, Sep, DOI: 10.24148/wp2013-25.
• Fatih Guvenen & Burhanettin Kurusçu & Serdar Ozkan, 2013, "Taxation of human capital and wage inequality: a cross-country analysis," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2013-20.
• Taisuke Nakata, 2013, "Optimal fiscal and monetary policy with occasionally binding zero bound constraints," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2013-40.
• Oliver de Groot & Fédéric Holm-Hadulla & Nadine Leiner-Killinger, 2013, "Cost of borrowing shocks and fiscal adjustment," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2013-59.
• Marco Bassetto & Marco Cagetti & Mariacristina De Nardi, 2013, "Credit crunches and credit allocation in a model of entrepreneurship," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2013-06.
• Michael T. Owyang & Valerie A. Ramey & Sarah Zubairy, 2013, "Are government spending multipliers greater during periods of slack? evidence from 20th century historical data," Working Papers, Federal Reserve Bank of St. Louis, number 2013-004, DOI: 10.20955/wp.2013.004.
• Xin Wang & Yi Wen, 2013, "Macroeconomic Effects of Government Spending in China," Working Papers, Federal Reserve Bank of St. Louis, number 2013-013, DOI: 10.20955/wp.2013.013.
• Juan Carlos Conesa & Carlos Garriga, 2013, "Intergenerational policy and the measurement of tax incidence," Working Papers, Federal Reserve Bank of St. Louis, number 2013-016, DOI: 10.20955/wp.2013.016.
• Fernando M. Martin, 2013, "Debt, inflation and central bank independence," Working Papers, Federal Reserve Bank of St. Louis, number 2013-017, DOI: 10.20955/wp.2013.017.
• William T. Gavin & Benjamin D. Keen & Finn E. Kydland, 2013, "Monetary policy, the tax code, and the real effects of energy shocks," Working Papers, Federal Reserve Bank of St. Louis, number 2013-019, DOI: 10.20955/wp.2013.019.
• Bill Dupor & Rong Li, 2013, "The Expected Inflation Channel of Government Spending in the Postwar U.S," Working Papers, Federal Reserve Bank of St. Louis, number 2013-026, DOI: 10.20955/wp.2013.026.
• Stefano Eusepi & Bruce Preston, 2013, "Fiscal foundations of inflation: imperfect knowledge," Staff Reports, Federal Reserve Bank of New York, number 649, Oct.
• Gerald A. Carlino & Robert P. Inman, 2013, "Local deficits and local jobs: can U.S. statess stabilize their own economies?," Working Papers, Federal Reserve Bank of Philadelphia, number 13-11.
• Gerald A. Carlino & Robert P. Inman, 2013, "Macro fiscal policy in economic unions: states as agents," Working Papers, Federal Reserve Bank of Philadelphia, number 13-40.
• Marina Azzimonti-Renzo, 2013, "The dynamics of public investment under persistent electoral advantage," Working Papers, Federal Reserve Bank of Philadelphia, number 13-43.
• Thorsten Drautzburg & Harald Uhlig, 2013, "Fiscal stimulus and distortionary taxation," Working Papers, Federal Reserve Bank of Philadelphia, number 13-46.
• Josef Hollmayr & Christian Matthes, 2013, "Learning about fiscal policy and the effects of policy uncertainty," Working Paper, Federal Reserve Bank of Richmond, number 13-15.
• Jörg Bibow, 2013, "Lost at Sea:The Euro Needs a Euro Treasury," FMG Special Papers, Financial Markets Group, number sp227.
• Nina I. Malis, 2013, "Taxable Capacity of Special Tax Regimes," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 73-80, March.
• Sergey Belev & Tatiana Tischenko & Ilya Sokolov, 2013, "Russia’s State Budget in 2012," Published Papers, Gaidar Institute for Economic Policy, number 149, revised 2013.
• Natalia Luksha, 2013, "Inflation and Monetary Policy in Russia in February 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 9-12, April.
• Lyudmila Anisimova, 2013, "Review of Regulatory Documents As Regards Taxation Issues in February-March 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 57-65, April.
• Lyudmila Anisimova, 2013, "Review of Regulatory Documents As Regards Taxation Issues in March-April 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 69-75, May.
• Olga Biryukova & Alexander Pakhomov, 2013, "The 2012 Results Of The International Trade In Goodsand Services In And Prospects Of Its Development," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 50-55, May.
• Lyudmila Anisimova, 2013, "Review of Regulatory Documents As Regards Taxation Issues in April-May 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 58-67, June.
• Lyudmila Anisimova, 2013, "A Review Of Taxation Regulatory Documents Issued In May 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 52-57, July.
• Lyudmila Anisimova, 2013, "Review Of The Regulatory Documents On Taxation Issues In June-July 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 58-65, August.
• Alexandr Pakhomov & À. Makarov, 2013, "Innovative Exports Promotion In Russia: Role Of Intellectual Property Rights Protection," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 46-50, August.
• Lyudmila Anisimova, 2013, "Some Special Features Of The Current Financial Policy And A Review Of Taxation Regulatory Documents Issued In The Period Of July Thry August 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 44-51, September.
• Lyudmila Anisimova, 2013, "An Overview Of Normative Documents On Taxation Issues For August–September 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 44-51, October.
• Alexandr Pakhomov, 2013, "Main Trends In The Russian Export Of Direct Investment," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 41-43, November.
• Lyudmila Anisimova, 2013, "Review Of Taxation Regulatory Documents Issued In The Period Of September Thru October 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 56-63, November.
• Lyudmila Anisimova, 2013, "An Overview Of Normative Documents On Taxation Issues For October–November 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 48-54, December.
• Natalia Luksha, 2013, "Inflation and Monetary Policy," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 12-16, January.
• Lyudmila Anisimova, 2013, "An Overview of Normative Documents on Taxation Issues for November-December 2012," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 83-91, January.
• Natalia Luksha, 2013, "Inflation and Monetary Policy," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 10-15, February.
• Lyudmila Anisimova, 2013, "An Overview of Normative Documents on Taxation Issues for December 2012-January 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 81-88, February.
• Natalia Luksha, 2013, "Inflation and Monetary Policy in January 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 9-12, March.
• Lyudmila Anisimova, 2013, "Controversal issues on management of the public debt and state reserves," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 48-55, March.
• Lyudmila Anisimova, 2013, "Обзор нормативных документов по вопросам налогообложения за cентябрь-октябрь 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 11, pages 60-67, ноябрь.
• Lyudmila Anisimova, 2013, "Обзор Нормативных Документов По Вопросам Налогообложения За Октябрь-Ноябрь 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 12, pages 48-54, декабрь.
• Lyudmila Anisimova, 2013, "Обзор Нормативных Документов По Вопросам Налогообложения За Апрель-Май 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 6, pages 63-72, Июнь.
• Lyudmila Anisimova, 2013, "Обзор Нормативных Документов По Вопросам Налогообложения За Май-Июнь 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 7, pages 61-68, Июль.
• Lyudmila Anisimova, 2013, "Обзор Нормативных Документов По Вопросам Налогообложения За Июнь-Июль 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 8, pages 58-66, Август.
• Alexander Pakhomov & А. Makarov, 2013, "Продвижение Инновационного Экспорта России: Роль Охраны Прав Интеллектуальной Собственности," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 8, pages 46-50, Август.
• Lyudmila Anisimova, 2013, "Некоторые Особенности Современной Финансовой Политики И Обзор Нормативных Документов По Вопросам Налогообложения За Июль–Август 2013 Г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 9, pages 47-54, Сентябрь.
• Elena Astafeva, 2013, "Факторы Экономического Роста В 2012 Г. – I Полугодии 2013 Г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 9, pages 63-65, Сентябрь.
• Lyudmila Anisimova, 2013, "Обзор Нормативных Документов По Вопросам Налогообложения За Август-Сентябрь 2013г," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 10, pages 47-52, Октябрь.
• Alexander Pakhomov, 2013, "Основные Тенденции Российского Экспорта Прямых Инвестиций," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 11, pages 43-45, Ноябрь.
• Sergey Drobyshevsky & Sergey Sinelnikov-Murylev & Ilya Sokolov, 2013, "Evolution of Russia’s Budgetary Policy in the 2000s: in Search of Financial Stability for the National Budget System," Working Papers, Gaidar Institute for Economic Policy, number 0051, revised 2013.
• António Afonso & Michael G. Arghyrou & George Bagdatoglou & Alexandros Kontonikas, 2013, "On the time-varying relationship between EMU sovereign spreads and their determinants," Working Papers, Business School - Economics, University of Glasgow, number 2013_05, Feb.