for the UK and the US over various subperiods by means of smooth transition regressions.Results: There is often evidence … inflation targeting period in the UK is characterized by a concave rule supporting recession avoidance preferences, while the … policymakers. The inflationary Vietnam war era in the US displays a convex rule supporting inflation avoidance while the stable …

issues in the EA and the US as well as to the higher institutional aversion of the ECB to inflation relatively to that of the …This paper compares the behavior of Euro-Area (EA) banks’ credit and reserves with those of US banks following … respective major crisis triggers (Lehman’s collapse in the US and the 2009 admission by Papandreou, that Greece’s deficit was …

, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector …, while HHs in Finland and Spain turn out to be net winners of inflation. Considerable heterogeneity exists also within the HH … sector: relatively young middle class HHs are net winners of inflation, while older and richer HHs are losers. As a result …

This paper develops a simple time-series model of emigration and applies it to data for emigration from the UK between …

females in the UK have a higher probability to participate in the labour force than non-white females. Non-white females spend …

Charitable giving for overseas development and emergency relief is important in the UK, being about a quarter of the … has changed over the quarter century since 1978, using a newly constructed panel data set on donations to individual UK …

What demand-side and institutional factors raised the skilled wage premium over the 1980s in UK manufacturing? Using a …

The changes in economic policy introduced in the UK after 1979 had a substantial impact on income distribution …

&D-intensive industries. The theoretical predictions are tested using UK data on the evolution of competition, concentration, innovation … legislation in the UK had no significant effect on the number of innovations commercialized in previously cartelized R …