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This paper tests whether there exists any significant difference in the responsiveness of UK government expenditure policy to changes in national income and unemployment in pre- and post-election periods. The absence of such a political effect would see the national income and unemployment...
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The aim of this paper is to provide additional evidence about the order of integration of constant price GDP per capita in a selection of countries. It does so by taking into account the possibility of non-linear deterministic trends and of asymmetric adjustment towards equilibrium. We find...
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Economics has evolved into a highly technical academic discipline. Considerable weight is placed on the ability of academic economists to be familiar and skilled in the use of mathematical and statistical techniques. This is how academic economists tend to be judged by their peers. As a...
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