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Publications:
Professor Patrick Minford
This is a long list; clicking on a section heading below
will take you straight there
- Books
- Articles in Refereed Journals
- Invited Contributions to Books, Monographs
and Journals
- Economic Commentary and Expository
Articles
- Reviews
BOOKS
- Substitution Effects, Speculation and Exchange Rate
Stability, Vol.3, of Studies in International Economics (general
editors, J. Bhagwati and J. Chipman), North-Holland, l978.
- Unemployment: Cause and Cure, (with D.H. Davies, M.J. Peel
and A. Sprague). Martin Robertson, Oxford, l983. 2nd Edition
(with above and P. Ashton), Basil Blackwell, Oxford, l985.
- Rational Expectations and the New Macroeconomics, (with D.A.
Peel), Martin Robertson, Oxford, l983.
- The Housing Morass - Regulation, Immobility and unemployment,
(with M.J. Peel and P. Ashton), Institute of Economic Affairs, l987, pp.
170.
- Monetarism and Macroeconomics - contributions on the current
policy debate in the UK,editor, IEA readings, 26, l987.
- The Supply side revolution in Britain, Edward Elgar, 1991,
pp.250.
- Rational Expectations Macroeconomics: an introductory
handbook, Blackwell, 1992 (2nd edition of Rational Expectation
and the New Macroeconomics, with David Peel).
- The Cost of Europe, editor, Manchester University Press,
1992.
- Markets not Stakes - the Triumph of Capitalism
and the Stakeholder
Fallacy, Orion Publishing, pp 256
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ARTICLES IN REFEREED JOURNALS
- 'Supply responses of Malawi Labour', unpublished l969; revised l975,
East African Economic Review, June l976.
- 'Textile Fibre Substitution and Relative Prices', Australian
Journal of Agricultural Economics, December 1975, pp. 175-96.
- 'Terminal Conditions as a Means of Ensuring Unique Solutions for
Rational Expectations Models with Forward Expectations', (with K.
Matthews and S. Marwaha), Economics Letters, 1979, pp. 117-120.
- 'The Classical Supply Hypothesis' (with D.A. Peel), Economics
Letters, 1979, pp. 229-33.
- 'A Rational Expectations Model of the UK under Floating
Exchange Rates', European Economic Review, 1980, pp. 189-219.
- 'Asset Acquisition - An Integrated Portfolio Approach
to Private Sector Expenditure and Financial Asset Accumulation',
(with K. Matthews), Journal of Money, Credit and Banking,
November 1980, pp. 644-53.
- 'The Natural Rate Hypothesis and Rational Expectations
- A Critique of Some Recent Development', (with D.A. Peel), Oxford
Economic Papers, vol. 32, No. 1, March 1980, pp. 72-81.
- 'A Rational Expectations Model of the UK Under Fixed and
Floating Exchange Rates', in The State of Macroeconomics,
(eds. K. Brunner and A. Meltzer), Carnegie-Rochester Series on
Public Policy, l980, Vol. 12.
- 'The Effect on Macroeconomic Management in the UK of the
Transition from Fixed to Floating Rates', Journal of Economic
Studies, Vol. 7, No.2, 1980, pp. 69-86.
- 'The Role of Monetary Stabilisation Policy Under Rational
Expectations', (with D.A. Peel), Manchester School, March
1981, pp. 39-50.
- 'The Exchange Rate and Monetary Policy', Oxford Economic
Papers, Vol. 33, July 1981 Supplement, pp. 120-42, reprinted
in The Money Supply and the Exchange Rate, (eds. W. Eltis
and P. Sinclair), Oxford University Press, 1981, pp. 120-42.
- 'Dynamic Predictive Tests of a Rational Expectations Model
of the UK', British Review of Economic Issues, 3, 1981,
pp. 39-50.
- 'The Political Theory of the Business cycle', (with D.A.
Peel), European Economic Review, 17 (1982), pp. 253-70.
- 'The New Cambridge Economic Policy: A Critique of Its
Prescriptions', Government and Opposition, 17 (1982), pp.
48-60.
- 'The Micro Foundation of the Phillips Curve with Rational
Expectations', (with D.A. Peel), Oxford Economic Papers,Vol.
34, november l982, pp. 449-51.
- 'The Phillips Curve and Rational Expectations' (with D.A.
Peel), Weltwirtschaftliches Archiv, 118:3, 1982, pp. 456-78.
- 'Labour Market Equilibrium in an Open Economy', Oxford
Economic Papers, November l983 Supplement on Unemployment,
Vol. 35(4), reprinted in The Causes of Unemployment, (eds.
C.A. Greenhalgh, P.R.G. Layard and A.J. Oswald), Oxford University
Press, l983, pp. 207-44.
- 'Dynamic Predictive Tests of a Model under adaptive and
Rational Expectations', (with C. Ioannidis and S. Marwaha), Economics
Letters, 11, 1983, pp. 115-21.
- 'On the Effectiveness of Automatic Stabilisers Under Rational
Expectations When There is Partial Current Information' (with
D.A. Peel), Economics Letters, 11, 1983, pp. 225-29.
- 'Some Implications of Partial Current Information Sets
in Macroeconomic Models Embodying Rational Expectations' (with
D.A. Peel), The Manchester School, September 1983, pp.
235-49.
- 'The Liverpool Macroeconomic Model of the United Kingdon',
(with S. Marwaha, K. Matthews and A. Sprague), Economic
Modelling,
Vol. 1, No.1, January l984, pp 24-62.
- 'Testing for Unbiasedness and Efficiency Under Incomplete
Current Information', (with D.A. Peel), Bulletin of Economic
Research, May l984, Vol. 36, No.1, pp. 1-7.
- 'Response to Nickell', Economic Journal, 94, December
l984, pp. 954-59.
- 'Reply to Henry, Payne and Trinder', Oxford Economic
Papers, 37, 1985, pp. 339-43.
- 'Comments on Buiter's Guide to Public Sector Deficits',
Economic Policy, Vol. 6, No.3, Feb-March l986, pp. 32-34.
- 'A New Classical Econometric Model of the World Economy',
(with P.R. Agenor and E. Nowell), Economic Modelling, Vol.3,
No.3, 1986, pp. 154-176.
- 'Germany and the European Disease', (with J. Davis), Recherches
Economiques de Louvain, Vol. 52, Nos 3-4, (Symposium on Unemployment
in Europe, eds. Js. Muysken and C. de Neubourg), 1986, pp.373-398.
- 'Rational Expectations and Monetary Policy', Scottish
Journal of Political Economy, Vol. 33, No.4, Nov. l986, pp.
317-333, reprinted in Current Issues in Monetary Economics,
(eds. T. Bandyopadhyay and S. Ghatak), Wheatsheaf, 1990.
- 'When international coordination matters : an empirical
analysis', with (M. Canzoneri), Applied Economics, vol.
20, pp. 1137-1154, l988.
- 'Mrs. Thatcher's economic policies, l979 to l987', (with
K. Matthews), Economic Policy, Oct, l987,5, pp. 57-101.
- 'Interest Rates and Bond-financed Deficits in a Ricardian
Two-Party Democracy', Weltwirtschaftliches Archiv, vol.
124, l988, pp. 387-402.
- 'The effects of housing distortions on unemployment',
(with P. Ashton and M. Peel), Oxford Economic Papers, Vol.
40, pp 322-345, 1988.
- 'Modelling the role of government deficits in developing
countries', (with A.A. Walters), in Economic Modelling,
l989.
- 'Comment' on 'Housing wages and UK Labour Markets' by
O. Bover, J. Muellbauer and A. Murphy, in Oxford Bulletin of
Economics and Statistics, 51 (2), 1989, pp. 150-153.
- 'Target Zones and Exchange Rate Management: A Stability
Analysis of the European Monetary System'(with Andrew Hughes Hallett),
Open Economies Review, 1, 1990, pp 175-200.
- Review article: 'Monetary Imperfection, regulation and
discretion', of Charles Goodhart, Money Information and
Uncertainty,
MIT Press, in Journal of Monetary Economics, Vol. 26, 1990,
pp.319-325.
- 'Ulysses and the Sirens: A Political Model of Credibility
in an Open Economy', in Private Behaviour and Government Policy
in Interdependent Economies, (ed.) A.S. Courakis and M.P.
Taylor, Oxford University Press, 1990, 337-355. Reprinted from
Greek Economic Review, 11,1, 1989, pp. 1-18.
- 'The Poverty Trap and the Laffer Curve - what can the
GHS tell us ?' (with Paul Ashton), Oxford Economic Papers,
43, 1991, pp. 245-279.
- 'The Path to Monetary Union in Europe' in The World
Economy, Vol. 16, No. 1, January 1993, pp. 17-27.
- 'The price of EMU revisited', in Greek Economic Review,
(with Anupam Rastogi and Andrew Hughes Hallett), Vol. 15, No.
1, 1993, pp 191-226.
- Review article: 'Has Labour Market Economics Achieved
a Synthesis?' Richard Layard,Richard Jackman and Steven Nickell
Unemployment and Europe's Unemployment Problem, Jacques
Dreze and Charles Bean in The Economic Journal, Vol.103,
July 1993, pp. 1050-1056.
- 'The Political Economy of the Exchange Rate Mechanism',
in Open Economies Review, 5, 1994, p.235-247. (Awarded
Kluwer prize for best OER article of 1994.)
- 'An Econometric Model of Merseyside: Validation and Policy
Simulations', (with Peter Stoney, Jonathan Riley and Bruce Webb),
Regional Studies Vol.28. No. 6, 1994, pp.563-575.
- 'Deregulation and Unemployment - The UK Experience', Swedish
Economic Policy Review, Vol.1 No. 1-2, 1994, Economic Council
of Sweden, pp.113-142.
- 'An Algorithm for the Solution of Non-Linear Forward Rational
Expectations Models with Current Partial Information', Economic
Modelling Vol. 11, No 3, July 1994, pp 351-358 (K Matthews, P
Minford
and S Blackman)
- 'The Quarterly Liverpool Model with Current Partial Information: An
Exercise in Forecasting',
Journal of Forecasting, Vol. 13, 1994, pp 507-518, (K Matthews, P
Minford and S Blackman)
- 'Other people's money: cash-in-advance microfoundations
for optimal currency areas', Journal of International Money
and Finance, Vol. 14, No. 3, June 1995, pp. 427-440.
- 'Time-Inconsistency, Democracy, and Optimal Contingent
Rules', Oxford Economic Papers, 47, 1995, pp.195-210.
- 'British inflation and unemployment in the 1970's a model-based
decomposition' (with Kent Matthews), Applied Economics,
28, 1996, pp 103-115.
- 'On comparing macroeconomic models using forecast encompassing
tests', (with M.J. Andrews and J. Riley), Oxford Bulletin of
Economics and Statistics, Vol. 58, No. 2, 1996, pp. 279-305.
- 'Trade, Technology and Labour Markets in the World Economy, 1970-90:
A Computable General Equilibrium
Analysis', (with Jonathan Riley and Eric Nowell), Journal of
Development Studies, Vol. 34, No. 2, December 1997, pp. 1-34.
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INVITED CONTRIBUTIONS TO BOOKS, MONOGRAPHS
AND JOURNALS
- 'A Model of Tax Incidence in Malawi', in Public Sector
Economics, (ed. H.W. Ord), University of Edinburgh, l970.
- 'A Model of UK Manufactured Exports and Export Prices',
(with John Hutton), Government Economic Service Paper,
No. 11, HMSO, l975.
- 'A Quarterly Econometric Model of World Trade and Prices,
l955-71', (with Michael Beenstock), Inflation in Open Economies
(eds. J.M. Parkin and G. Zis), Manchester University Press, 1976,
pp. 85-125.
- 'The Behaviour of Export Prices of Manufactures - Comment',
in The Effects of Exchange Rate Adjustments (eds. P. Clarke,
D. Logue and R. Sweeney), US Department of Treasury, 1977, pp.
359-63
- 'Import Controls and Devaluation as Medium-Term Policies',
(with Roy Batchelor) in On How to Cope with Britain's Trade
Position, (ed. H. Corbet), Thames Essay No. 8, Trade Policy
Research Centre, 1977, pp. 44-72.
- 'The Costs of Variable Inflation' (with G. Hilliard),
in Contemporary Economic Analysis (eds. M. Artis and R.
Nobay), Croom-Helm, l978, pp. 109-39.
- 'Locomotives, Convoys or What ? - The International Adjustment
Problem', in The Political Economy of Tolerable Survival
(ed. M. Gaskin), Croom-Helm, 1981, pp. 47-53.
- 'Comments on Michael Foot's Paper', in Monetary Targets,
(eds. B. Griffiths and G. Wood), Macmillan, 1981, pp. 47-53.
- 'Rational Expectations in a Multilateral Macro-model',
(with C. Ioannidis and S. Marwaha), in Exchange Rates in Multicountry
Econometric Models, (eds. P. de Grauwe and T. Peeters), Macmillan,
1983, pp. 239-66.
- 'Incentives in the UK', Economic Incentives, eds.
B. Balassa and H. Giersch, Macmillan (For International Economic
Association), 1986,pp. 279-295.
- 'The Costs and Benefits of Coal Pit Closures', Public
Services Review, November 1984, reprinted in Debating Coal
Closures: Economic Calculation in the Coal Dispute l984/85,
(eds. D. Cooper and T. Hopper), Cambridge University Press, 1988.
- 'The Effects of American Policies - A New Classical Interpretation',
in International Economic Policy Coordination, (eds. Willem
H. Buiter and Richard C. Marston), Cambridge University Press,
1985, pp. 84-137.
- 'Rational expectations in a multilateral macro-model',
with C. Ioannidis and S. Marwaha), in P. de Grauwe and T. Peeters
(eds.) Macmillan,1983, reprinted in Essays in Honour of Karl
Brunner - papers from the Konstanz Seminar, ed. Manfred Neumann,
Springer, l986.
- 'Political Interdependence: does strategic behaviour pay?'
(with M.B. Canzoneri), in Issues of International Policy
Interdependence,
eds. D. Hodgman and G. Wood, Macmillan, 1989.
- 'Comment on J. Frankel and R. Meese 'Are exchange rates
excessively volatile ?,' NBER March l987, Macroeconomic Conference
proceedings, ed. S. Fischer, MIT University Press, l987.
- 'Introduction', pp. 1-16, and 'Curing unemployment through
labour market competition', (with M. Beenstock), pp. 129-149,
in Monetarism and Macroeconomics, (ed. P. Minford), IEA,
l987.
- 'Comment on 'The labour market'', in The Performance
of the British Economy, (eds. R. Dornbusch and R. Layard),
OUP, l987, pp. 280-282.
- 'Comments on Gordon and on Holly and Smith', in Macro
and Micro Policies for More Growth and Employment, (ed H.
Giersch), J.C.B. Mohr, Tubingen, l987.
- 'Comment on Tanzi', in Fiscal Policy, Economic Adjustment,
and Financial Markets proceedings of IMF conference on Policy
Coordination, Milan, January, l988, (ed. Mario Monti), IMF, l989,
p46.
- 'Exchange-rate regimes and policy coordination', Blueprints
for Exchange Rate Management, (eds. Marcus Miller, Barry Eichengreen
and Richard Portes), CEPR, 1989, pp.207-237.
- 'Economic Growth in Industrialised Countries - problems
and opportunities', International Social Science Journal,
120, May 1989 pp 149-164, Basil Blackwell.
- 'A New Classical model of the labour market',in Modelling
the Labour Market, (ed. M. Beenstock) Chapman and Hall, 1988,
pp. 105-144.
- 'Mrs. Thatcher's Economic Reform Programme', in Thatcherism,
(ed. R. Skidelsky), Chatto and Windus, l988, pp.93-106.
- 'The EMS - what is wrong with it ?', in The International
Monetary System and Economic Development, (eds. C. Drager
and L. Spath), Drager Foundation, l988.
- 'Wages and unemployment half a century on', Keynes
and Economic Policy (eds. W. Eltis and P. Sinclair), Macmillan,
pp.45-65.
- 'A labour-based theory of international trade', in Causes
of Changes in the Structure of International Trade 1960-85,
(eds. J. Black, and A.I. MacBean) , Macmillan Appeared as CEPR
working paper, no. 237, 1989, pp 196-239.
- 'Europe and the Supply Side', in A Supply Side Agenda
for Germany, (eds. G. Fels and G. Von Furstenberg), Springer-Verlag,
l989, pp.47-72.
- 'A New Classical Policy Programme', (with A. Rastogi)
in A. Britton (ed.) Policymaking with Macro Models, Gower,
l989, pp.83-97.
- 'Monetary policy in the UK under Mrs. Thatcher', Finanzmarket
und Portfolio Management, No. 4, Special Issue of Monetary
Policy, l988, pp. 41-46.
- 'The Path to Financial Integration in Europe', The
Completion of the Internal Market, (ed. Horst Siebert), J.C.B.
Mohr, l990, pp. 306-347.
- 'Exchange Rate Agreements as a Policy Regime: Their Performance
and Design Characteristics' (with Andrew Hughes Hallett), in Dynamic
Modelling and Control of National Economies, (selected papers
from the 6th IFAC Symposium), Pergamon Press, l989 pp 223-230.
- 'Ideology and Pragmatism in Economic Thatcherism', Ideas
and Politics in Modern Britain, (ed. J.C.D. Clark), Mamillan,
pp. 191-203, l990.
- 'Comment on Warwick, McKibbin and Sachs', in Macroeconomic
Policies in an Interdependent World, (eds. R. Bryant, D. Currie,
J. Frenkel, P. Masson and R. Portes), The Brookings Institution,
CEPR, IMF, l990, pp. 195-197
- 'Rational Expectations and Monetary Policy', in Current
Issues in Monetary Economics, (eds. T. Bandyopadhyay &
S. Ghatak), Harvester Wheatsheaf, London, 1990, pp. 233-252.
- 'Do Floating Exchange Rates Insulate ?', in Exchange
Rates and Open Economy Macroeconomics, (eds R. MacDonald and
M.P. Taylor), Blackwell, Oxford, 1990, pp. 275-294.
- 'Effects in the UK of EC Wages Proposals in the Social
Charter', Human Resources, (ed. Geraint Johnes), Oxford,
Vol. 12, No.2 1991, pp.20-24.
- 'The Poverty Trap after the Fowler Reforms' Improving
Incentives for the Low Paid, (eds. Alex Bowen and Ken Mayhew),
NEDO, London, p 121-139.
- 'Inflation and Monetary Policy', Oxford Review of Economic
Policy, Vol. 6, No. 4, 62-76. 1991
- Comment on Thomas Mayer, in Macroeconomics and Macroeconomic
Policy Issues (ed. T. Mayer and F. Spinelli), (Banca di Trento
e Bolzano, Trento, 1991) pp. 261-265.
- 'The Price of EMU', (with A Rastogi), in Britain and
EMU, (eds. R. Dornbusch and R. Layard), Centre for Economic
Performance, LSE, London 1990, 47-81.
- 'Europe and the Supply side',in The Art of Full Employment,
(ed. C. de Neubourg), Elsevier Science Publishers BV, 1991, pp
379-397.
- 'Regional Policy and Market Forces: A Model and an Assessment',
(with Peter Stoney) in Reducing Regional Inequalities,
(eds. Alex Bowen and Ken Mayhew), NEDO Policy Issues Series, pp
109-185, 1991.
- 'Comment' on John Gray's paper in The Moral Foundations
of Market Institutions (ed. John Gray), IEA Health and Welfare
Unit, pp 115-119, 1992.
- 'Introduction' to Undermining Innovation: Parallel
Trade in Prescription Medicines by M.L. Burstall and I.S.T.
Senior, IEA Health and Welfare Unit, Choice in Welfare No. 13,
pp 3-7. 1992
- 'ERM and EMU - survival costs and prospects', (with Anupam
Rastogi and Andrew Hughes Hallett) in Macroeconomic Policy
Coordination in Europe, (eds. Ray Barrell and John Whitley),
pp 35-60, NIESR/Sage, 1992.
- 'ERM and EMU - survival costs and prospects', (with Anupam
Rastogi and Andrew Hughes Hallett), in External Imbalances
and Policy Constraints in the 1990s, (eds. Chris Milner and
Nick Snowden), for the International Economics Study Group, Macmillan,
pp. 30-68, 1992.
- 'The United Kingdom', in Monetary Policy in Developed
Economies - Handbook of Comparative Economic Policies volume 3,
(eds. M. Fratianni and D. Salvatore), Greenwood, pp.405-432.
- 'Expectations and the Economy', in A Critique of Keynesian
Economics, (ed. Walter Allan), Macmillan, pp. 155-169.
- 'Reconstruction and the U.K. Postwar Welfare State: False
Start and New Beginning' in Postwar Economic Reconstruction
and Lessons for the East Today, (eds. R. Dornbusch, W. Nolling
and R. Layard), The MIT Press, chapter 5, pp.115-138, 1993.
- 'The European Monetary system: Achievements and Survival',
(with Andrew Hughes Hallett and Anupam Rastogi), in Evaluating
Policy Regimes - New Research in Empirial Macroeconomics,
(eds. Ralph C. Bryant, Peter Hooper and Catherine L. Mann), Brookings
Institution, Washington DC, 1993, pp. 617-671.
- 'The UK labour market: micro rigidities and macro obstructions',
(with Jonathan Riley), in The UK Labour Market: Comparative
aspects and institutional developments, (ed. Ray Barrell),
Cambridge, 1994, pp.258-272.
- 'Il mercato del lavoro nel Regno Unito: micro-rigidita
e macro-ostruzioni', (with Jonathan Riley), Revista Di Politica
Economica, SIPI, 1994, pp 359-380.
- The Price of EMU, Manchester Statistical Society,
1994, pp. 18.
- 'The UK Labour Market: Micro Rigidities and Macro Obstructions',
(with Jonathan Riley), Revista Di Politica Economica, Dec.
1993, pp. 341-360.
- Discussion of David Currie and John Whitley 'What Route
to European monetary integration ?' in European Monetary
Upheavals
(ed. David Cobham), Money, Macro and Finance Research Group Conference
Proceedings, MUP, pp.198-188.
- 'What price European Monetary Union ?', in The Economics
of the New Europe (ed. Nigel M. Healy), Routledge, pp. 124-139.
- 'Wales from the Supply Side: A Classical Model', Welsh
Economic Review, pp 65-71, 1995.
- 'The lessons of European monetary and exchange rate experience',
in Capital controls exchange rates and monetary policy in the
world economy, (ed. Sebastian Edwards), pp.93-118.
- 'Public spending: A twenty-year plan for reform'
(with Paul Ashton), Centre for Policy Studies, London, pp. 27.
1995.
- 'The Stability of Broad and Narrow Money in the Context
of UK Monetary Policy', The Review of Policy Studies, Vol.
1, No. 5, Autumn 1995, pp. 35-57.
- 'What can governments in Western Europe do to improve
locational advantage?', Locational competition in the World
Economy, (ed. Horst Siebert), J.C.B. Mohr (Paul Siebeck) Tubingen,
1995, pp. 235-256.
- 'The New Classical Economics' and 'Introduction: the Causes
of Unemployment', in Exploring Macroeconomics: An introduction
to theory and policy through selected readings, (ed. R. Ayres),
Greenwich University Press, 1996, pp 259-271 & 319-325.
- 'Unemployment in the OECD and Its Remedies' Fighting
Europe's Unemployment in the 1990s, (ed. Herbert Giersch),
Springer 1996, pp 45-69.
- 'The Conflict between British Economic Liberalism and
Continental Statism', Britain's European Question: The Issues
for Ireland, (ed. Paul Gillespie), Institute of European Affairs,
1996, pp.21-39.
- 'Supply-side Economics', International Encyclopedia
of Business and Management, Vol. 5, Thompson Business Press,
London, 1996, pp. 4728-4740.
- 'The Economic and Political Context', in Reform of
University Funding, (ed. Stuart Sexton), IPSET Education Unit,
1997, pp.11-18.
- Britain and Europe: The Balance Sheet, Centre for
European Studies and European Business Review, MCB University
Press, 1996, pp. 38.
- 'The Price of Monetary Unification', in The Eurosceptical
Reader, (ed. Martin Holmes), Macmillan Press Limited, 1996,
pp. 149-167.
- 'Unemployment in the OECD and its remedies', Unemployment
Policy: government options for the labour market, CEPR/Cambridge,
1997, pp 501-543.
- 'La nouvelle macroeconomiie classique', La Pennsee
Economique Moderne, eds. B. Snowden, H. Vane, P. Wynarczyk,
Ediscience International, Paris, pp. 209-249.
- 'Globalisierung der Okonomie: Zerstorung oder kreativer
Prozeb ?, Grenzen Los ? Jedes System braucht Grenzen - aber
wie durchlassig mussen diese sein ?, Ernst Ulrich von Weizsacker
(ed), Birkauser, pp. 40-50.
- 'Rational Expectations, Partial current Information and
Macroeconoic Forecasting', (with KGP Matthews, Jon Riley and Simon
Blackman), presented to the International Symposium of Forecasting,
Barbados, 1997.
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ECONOMIC COMMENTARY AND EXPOSITORY
ARTICLES
- 'Growing Without Inflation', Ditchley Journal,
Spring l977.
- 'North Sea Oil and the British Economy', The Banker,
December l977.
- Forecasts in The Guardian, 14.3.78 and 28.10.78.
- Articles in The Guardian, 5.1.78, and The Times,
18.4.78, 26.5.78, and 9.9.78.
- 'A Return to Sound Money ?', The Banker, July l979.
- 'Macroeconomic Controls on Government', in The Taming
of Government, (ed. A. Seldon), Institute of Economic Affairs,
1979, pp. 45-66.
- 'The International Repercussions of Rising Oil Prices',
OPEC Review, 1980.
- Forecast articles (quarterly) in The Daily Telegraph
from November l980 to February l985.
- Periodic (usually fortnightly) City column, Daily Telegraph
from autumn 1986.
- Evidence given to Treasury and Civil Service Committee,
Memorandum, in Memoranda on Monetary Policy, HMSO l980, Oral Evidence
given in July l980 in Committee's Third Report, Vol. II
(Minutes of Evidence, HMSO, pp. 8-40).
- 'The Economic Outlook', (with K. Matthews), March l980,
processed University of Liverpool.
- 'The Economic Outlook', (with C. Ioannidis, K. Matthews
and S. Marwaha), November l980, processed, University of Liverpool.
- 'Government Borrowing Fans Inflation', Journal of Economic
Affairs, 1:1, 1980, pp. 11-15.
- 'Monetarism, Inflation and Economic Policy', in Is
Monetarism Enough ? (ed. A. Seldon), Institute of Economic
Affairs, 1980, pp. 1-31.
- 'The Nature and Purpose of UK Macroeconomic Models', Three
Banks Review, March 1980, pp. 3-26.
- The Economic Outlook, (with other members of the Liverpool
Research Group in Macroeconomics) March l981 and June 1981.
- Outlook and policy articles in Quarterly Economic Bulletin
(of Liverpool Research Group in Macroeconomics) since October
l981.
- 'Is the Government's Economic Strategy on Course ?', (with
D.A. Peel), Lloyds Bank Review, April 1981, pp. 1-19.
- 'Rejoinder', Journal of Economic Affairs, 2, 1982,
pp. 244-5.
- 'Trade Unions Destroy a Million Jobs', Journal of Economic
Affairs, Vol. 2, January l983, pp. 73-9.
- 'Compulsory Arbitration Procedures and Incomes Policy'
(with D.A. Peel), Three Banks Review, March l983, pp. 3-16.
- 'Agenda for Liberal Conservatism', Journal of Economic
Affairs, Vol. 3, No.2, January l983, pp. 94-7.
- 'Business Prospect', Management Today, December
l983.
- 'Business Prospect', Management Today, December
l984.
- 'State Expenditure: A Study in Waste', Economic Affairs,
4:3, April-June l984, Special Supplement, pp. i-xix.
- 'High Unemployment is Not Permanent', Economic Affairs,
Vol. 4, No. 4, July - September 1984, pp. 17-23.
- 'What Sort of Policy for Unemployment ?', Economics,
Vol. XX, Part 3, No. 87, Autumn l984, pp. 98-100.
- 'The New Classical Economics', Economic Affairs,
Vol.5, No.2, January-March l985, pp. 6-11.
- 'Whither Monetarism', Centre for Policy Studies Symposium
on the Chancellor's Mansion House Speech, December l985, (with
E. Bruce-Gardyne and T. Congdon), CPS, l985.
- Evidence on Selective Employment Measures to House of
Commons Select Committee on Employment, Memoranda of Evidence,
February l986, HMSO.
- 'Housing Reform to Create Jobs' (with P. Ashton and M.
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in Politique Etrangere, Institut Francais des relations
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- 'Outlook after the Budget', Fiscal Studies, Vol.9
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- 'Emerging Markets, Unemployment and Inflation', Economic
Affairs, Vol. 15, No.1, Winter 1994, pp.40-45.
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- 'Cut Taxes and Interest Rates', Securities and Investment
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- 'The Surprising British Economy: Room for Expansion?',
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- 'The M4 Fallacy' Securities and Investment Review,
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- Written and Oral Evidence given to Select Committee on
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- 'Deal of Understanding after the Beef War', The European
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- Regular articles and commentary in Liverpool Investment
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North Wales and Cheshire Business Prospect, Hilton Malcolm
Economic Review, all published by Liverpool Research Group
in Macroeconomics.
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