Economics & Finance
Our research strengths are in dynamic macroeconomics, choice theory, bounded rationality, game theory, expectations and learning, competition and innovation and climate change. We support two research centres - the Centre for Dynamic Macroeconomic Analysis (CDMA) and the Centre for Research in Industry, Enterprise, Finance and the Firm (CRIEFF), and we are also actively involved in the Scottish Institute for Research in Economics (SIRE).
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(University of St Andrews, 2016-12-23) - Working or discussion paperWe consider a spatial duopoly with non-monotonic network effects and extend the literature by endogenizing firms' location decisions. We show that the existence of equilibrium is ruled out due to displacement incentives ...
(2015-09) - Journal articleWhen individuals differ in both productivity and some categorical attribute, optimal linear/piecewise-linear tax expressions are written to capture cases where it is suboptimal to eliminate inequality in the average social ...
The impact of World Bank and International Monetary Fund programme lending on health care delivery, health conditions and health status in sub-Saharan Africa, 1980 to 1992 (1995) - ThesisThe World Bank and the International Monetary Fund have been active in Africa for several decades. In the early 1980s both institutions expanded the role that they play in the restructuring of African economies through ...
(Central Bank of Chile, 2016) - Book item
(University of St Andrews, 2016-11-23) - Working or discussion paperEmpirical evidence suggests that an important determinant of subjective well-being is how an individual’s consumption compares with that of their immediate peers. We introduce peer comparisons into the standard optimal tax ...