Discussion Papers 2015

Paper NumTitleAuthor(s)Paper
 15/01 Semiparametric Dynamic Portfolio Choice with Multiple Conditioning Variables

Jia Chen, Degui Li, Oliver Linton and Zudi Lu

(Abstract), 1501 (PDF , 590kb)‌ [Paper with full text]
15/02 Does Money Impede Convergence?

John D Hey and Daniela Di Cagno

(Abstract), 1502 (PDF , 1,495kb)‌ [Paper with full text]
15/03 Portfolio Choice Under Ambiguity

Enrica Carbone, Xueqi Dong and John Hey

(Abstract), 1503 (PDF , 782kb)‌ [Paper with full text]
15/04 Inequality and the composition of taxes

Andrew Pickering and Sheraz Rajput

(Abstract), 1504 (PDF , 416kb)‌ [Paper with full text]
15/05 Data envelopment analysis, endogeneity and the quality frontier for public services

David J. Mayston

(Abstract), 1505 (PDF , 519kb)‌ [Paper with full text]
15/06 Size Matters: Tail Risk, Momentum and Trend Following in International Equity Portfolios

Andrew Clare, James Seaton, Peter N. Smith and Stephen Thomas

(Abstract), 1506 (PDF , 369kb)‌ [Paper with full text]
15/07 Carry and Trend Following Returns in the Foreign Exchange Market

Andrew Clare, James Seaton, Peter N. Smith and Stephen Thomas

(Abstract), 1507 (PDF , 468kb)‌ [Paper with full text]
15/08 Convexity, Quality and Efficiency in Education David J. Mayston (Abstract), 1508 (PDF , 462kb)‌ [Paper with full text]
15/09 A Bayesian Decision-Theoretic Model of Sequential Experimentation with Delayed Response Stephen Chick, Martin Forster and Paolo Pertile (Abstract), 1509 (PDF , 999kb)‌ [Paper with full text]

The 10th Royal Economic Society Women’s Committee Survey: The Gender Balance of Academic Economics in the UK

 M. Mitka, K. Mumford and C. Sechel (Abstract), 1510 (PDF , 1,053kb)‌ [Paper with full text]

Optimal Conventional Stabilization Policy in a Liquidity Trap When Wages and Prices are Sticky (SUPERSEDED BY 17/01)

Adiya Belgibayeva, Michal Horvath (Abstract), 1511 (PDF , 478kb)‌ [Paper with full text]

The End of the Flat Tax Experiment in Slovakia

Michal Horvath (University of York), Matus Senaj, Zuzana Siebertova, Norbert Svarda (all Council for Budget Responsibility, Slovakia) (Abstract), 1512 (PDF , 769kb)‌ [Paper with full text]

Do People Disinvest Optimally?

John D Hey and Konstantina Mari (Abstract), 1513 (PDF , 849kb)‌ [Paper with full text]

Autocorrelation robust inference using the Daniell kernel with fixed bandwidth

Javier Hualde and Fabrizio Iacone (Abstract), 1514 (PDF , 499kb)‌ [Paper with full text]

Comparing predictive accuracy in small samples

Laura Coroneo and Fabrizio Iacone (Abstract), 1515 (PDF , 513kb)‌ [Paper with full text]

Late-Stage Pharmaceutical R & D and Pricing Policies under Two-Stage Regulation

Sebastian Jobjornsson, Martin Forster, Paolo Pertile and Carl-Fredrik Burman (Abstract), 1516 (PDF , 525kb)‌ [Paper with full text]

New Semiparametric Estimation Procedure for Functional Coefficient Longitudinal Data Models

 Jia Chen, Degui Li and Yingcun Xia (Abstract), 1517 (PDF , 685kb) [Paper with full text]

Semiparametric Model Averaging of Ultra-High Dimensional Time Series

Jia Chen, Degui Li, Oliver Linton and Zudi Lu (Abstract), 1518 (PDF , 721kb) [Paper with full text]‌

Estimating the Impact of House Prices on Household Labour Supply in the UK

Zhechun He (Abstract),  1519 (PDF , 776kb) [Paper with full text]‌‌

Intergenerational Mobility and the Timing of Parental Income

Pedro Carneiro, Italo Lopez Garcia, Kjell G. Salvanes and Emma Tominey (Abstract), 1520 (PDF , 1,255kb) [Paper with full text]‌‌

On Redistributive Taxation under the Threat of High-Skill Emigration

Alan Krause (Abstract), 1521 (PDF , 318kb) [Paper with full text]‌‌‌‌‌

Collateral Constraints and the Interest Rate

Donal Smith (Abstract), 1522 (PDF , 577kb) [Paper with full text]‌‌‌‌‌‌

TIPS Liquidity Premium and Quantitative Easing

Laura Coroneo (Abstract), 1523 (PDF , 1,147kb) [Paper with full text]‌‌‌‌‌‌‌

QML Estimation of the Spatial Weight Matrix in the MR-SAR Model

Saruta Benjanuvatra and Peter Burridge (Abstract), 1524 (PDF , 537kb) [Paper with full text]‌‌‌‌‌‌‌‌

Get ready for the Fed lift-off: The role of macroprudential policy

F. Gulcin Ozkan and D. Filiz Unsal (Abstract), 1525 (PDF , 1,517kb) [Paper with full text]‌‌‌‌‌‌‌‌‌

Changing Social Preferences and Optimal Redistributive Taxation

Jang-Ting Guo and Alan Krause (Abstract), 1526 (PDF , 601kb) [Paper with full text]‌‌‌‌‌‌‌‌‌

Decentralised Random Competitive Dynamic Market Processes

Satoru Fujishige and Zaifu Yang (Abstract), 1527 (PDF , 362kb) [Paper with full text]‌‌‌‌‌‌‌‌‌

Expansionary contractions and fiscal free lunches: too good to be true?

Richard McManus, F. Gulcin Ozkan, Dawid Trzeciakiewicz (Abstract), 1528 (PDF , 833kb)  [Paper with full text]‌‌‌‌‌‌‌‌‌

Adopting income groups' weights in multidimensional inequality measures; Empirical case of Indonesia

Suska (Abstract), ‌ [Paper with full text]‌‌‌‌‌‌‌‌‌

Are costs differences between specialist and general hospitals compensated by the prospective payment system?

Francesco Longo, Luigi Siciliani and Andrew Street
(Abstract), 1530 (PDF , 1,268kb) [Paper with full text]‌‌‌‌‌‌‌‌‌