Research Publications and Outputs: Recent submissions
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Growth, Autonomous Demand and a Joint-Product Treatment of Fixed Capital
Published 2005-10-01The aim of this paper is to shed light on the idea of demand-led growth and in particular debate of the last two decades on the appropriate direction of non-marginalist growth theory by exploring the relation between growth ...Open AccessWorking Paper -
Insider Trading, Informational Effciency and Allocative Effciency
Published 2003-05-01A dominant, net buyer of a certain asset receives a private signal that is correlated with its mean value. We call this insider a Boesky Insider when the quality of the received signal is such that the future value of the ...Open AccessWorking Paper -
Asymmetric Monetary Policy in Australia
Published 2005-02-01We find evidence for asymmetric behaviour in Australian monetary policy. During 1984-1990, the Reserve Bank of Australia acted with considerable discretion yielding poor performance of an interest rate rule. However it ...Open AccessWorking Paper -
The Determinants of Bangladesh’s Trade: Evidence from the Generalized Gravity Model
Published 2005-02-01The application of the generalized gravity model in analyzing the Bangladesh’s trade reveals that Bangladesh’s trade is positively determined by the size of the economies, per capita GNP differential of the countries ...Open AccessWorking Paper -
Competition, Learning and Persistence in the Effects of Unmeritocratic Hiring Decisions
Published 2006-04-01Sometimes wide disparities in workers’ earnings are defended as simply the meritocratic outcome of a competitive process. While inequalities due to discrimination or luck are admitted as temporary possibilities, it is ...Open AccessWorking Paper