My Research Interest:
Monetary Policy, Central Banking,
Macroeconomic Theory, Time-Series Analysis, Applied Macroeconomics, Financial
Economics
Publications:
“The Regional Transmission of UK Monetary Policy”,
(With S. Dow), 2006, Regional Studies (forthcoming).
“Optimal Monetary Policy and Asset Price
Misalignments”, (with A. Kontonikas), 2006, Scottish Journal of Political Economy, 53, pp. 636-654.
“Inflation Persistence and Credibility in
“Has Monetary Policy Reacted to Asset Price Movements?
Evidence from the UK”. (with A. Kontonikas),
2003, Ekonomia, Vol. 7, N. 1.
Working Papers
“Unit Roots in Inflation
and Aggregation Bias” (with J. Byrne and A. Kontonikas).
“Monetary Policy Shocks and
Stock Returns: Evidence from the British Market” (with A. Gregoriou, R.
MacDonald, A. Kontonikas).
“Stock returns and
inflation: the impact of inflation targeting” (with A. Kontonikas and
“Demographic
Change and the Housing Market: Evidence from a Comparison of Scotland and
England” (with
“Financial Condition Index and Interest Rate
Settings: a Comparative Analysis” (with O. Napolitano)
“Monetary Policy Behavior and the Market Sentiment in 1992 currency
crises: the Italian case” (with R. Canale and O. Napolitano)
“Optimal Monetary Policy
with Wealth Effects”, (with A. Kontonikas),
“The
Scale of The Presence of Informal Financial Markets: Challenges for Economic
Policy Management in Africa” (with
S Dow, M Klaes and A Montagnoli, “Monetary Policy by Signal”, in D G Mayes and J
Toporowski (eds), Open Market Operations and the Financial Markets.
“Demographic
Change and the Scottish Housing Market” (with E.J. Levin and R. E. Wright),
June 2004, Scottish Economic Policy Network
“On
the relation between Credit and Asset Prices” (with A. Kontonikas and T.
Panagiotidis), May 2004.