In this book Daniel Hamermesh provides the first comprehensive picture of the disparate
field of labor demand. The author reviews both the static and dynamic theories of labor …

The UK current account deficit John Muellbauer and Anthony Murphy The UK has a large
and persistent current account deficit. Policy makers argue that the deficit is easily financed …

Measures of expected inflation from consumer surveys are derived using a modification of
the Carlson-Parkin probability approach, which does not assume unbiasedness of …

. The wealth of data which this book presents can also be used shed light on a number of
controversial views which have recently been put forward under the banner of the'New …

In the three decades since statistical procedures were first developed to test non-nested (or
separate) families of hypotheses, a burgeoning literature has developed for testing a null …

The process by which agents form expectations on price and cost inflation is investigated.
Measures of expectations of these series, derived from qualitative survey responses in nine …

The performance of the Newey and West (1987) heteroscedasticity and autocorrelation
consistent covariance matrix for models with generated regressors is examined. The …

This paper investigates the nature of the output–employment relationship by using the
Turkish quarterly data for the period 1988–2008. Even if we fail to find a long‐run …

In this book, first published in 1990, leading theorists and applied economists address
themselves to the key questions of aggregation. The issues are covered both theoretically …

Quantification techniques are popular methods in empirical research for aggregating the
qualitative predictions at the micro-level into a single figure. In this paper, we analyze the …