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Chronic and Disabling Conditions: The Economic Cost to Individuals and Society
In: Public policy & aging report, Volume 11, Issue 2, p. 1-6
ISSN: 2053-4892
The Economic Costs Of Marital Dissolution: Why Do Women Bear A Disproportionate Cost?
In: Annual review of sociology, Volume 17, Issue 1, p. 51-78
ISSN: 1545-2115
Economic forecasting and policy: The international dimension
In: International journal of forecasting, Volume 3, Issue 2, p. 342-343
ISSN: 0169-2070
Models of the UK economy: A review by the ESRC Macroeconomic Modelling Bureau
In: International journal of forecasting, Volume 2, Issue 2, p. 242-243
ISSN: 0169-2070
A CROSS—SECTION STUDY OF THE RELATIONSHIP BETWEEN STRIKES AND MARKET STRUCTURE IN THE UNITED KINGDOM
In: Journal of economic studies, Volume 5, Issue 1, p. 37-49
ISSN: 1758-7387
Many of the recent studies of strike activity have used time series data in an attempt to identify the important factors relating to the incidence of strikes. The main problem with this approach is that data for a series of years are used to estimate a single regression relationship when in fact the relationship itself may be changing. In particular, the existence of temporary labour shortages, changes in the structure of industry, different perceptions of the rate of inflation and cyclical fluctuations in the demand for labour, are all factors which are difficult to quantify and yet are relevant to the explanation of time series of strike activity. The approach adopted in this paper is to reduce the importance of these factors by using cross‐section data on the incidence of strikes in different U.K. industries. However, a consequence of this is that other factors relating to the incidence of strikes become relevant. For example, the market structure varies greatly between different industries. In 1968, the concentration ratio (weighted by total sales) for the aircraft industry was 99.4, while that for furniture, bedding and upholstery was 21.5. There are reasons (discussed below) why strike activity and market structure are expected to be related. In this paper a theoretical model is presented which attempts to explain variations in strike behaviour between different industries, and empirical evidence concerning the model is presented, using data for 1963 and 1968.
An examination of vector autoregressive forecasts for the U.K. economy
In: International journal of forecasting, Volume 6, Issue 1, p. 11-23
ISSN: 0169-2070
Introduction
In: International journal of forecasting, Volume 6, Issue 3, p. 285-286
ISSN: 0169-2070
Macroeconomic forecasting
In: International journal of forecasting, Volume 6, Issue 3, p. 283-284
ISSN: 0169-2070
ON TESTING FOR UNBIASEDNESS AND EFFICIENCY OF FORECASTS*
In: The Manchester School, Volume 58, Issue 2, p. 120-127
ISSN: 1467-9957
A Comparison of Some Inflation, Growth and Unemployment Forecasts
In: Journal of economic studies, Volume 15, Issue 5, p. 45-52
ISSN: 1758-7387
An alternative approach to explaining political popularity
In: Electoral Studies, Volume 4, Issue 3, p. 231-239
Surprises in the Consumption Function, Incomplete Current Information and Moving Average Errors: A Note
In: The Economic Journal, Volume 95, Issue 377, p. 183
AN ALTERNATIVE APPROACH TO EXPLAINING POLITICAL POPULARITY
In: Electoral studies: an international journal, Volume 4, Issue 3, p. 231-239
ISSN: 0261-3794
PREVIOUS EMPIRICAL WORK ON THE RELATIONSHIP BETWEEN POLITICAL POPULARITY AND ECONOMIC EVENTS HAS EITHER NOT ATTEMPTED TO MODEL THE ALTERNATIVE POLICIES OF THE DIFFERENT PARTIES, OR HAS MODELLED THEM IN A RATHER SIMPLISTIC MANNER. IT HAS ALSO TYPICALLY ASSUMED THAT VOTERS ARE BACKWARD-LOOKING IN CONTRAST TO RECENT WORK ON EXPECTATIONS THEORY. AN APPROACH IS OUTLINED WHICH IS BASED ON A FORWARD-LOOKING COMPARISON OF THE PARTIES AND INCORPORATES THE EFFECT OF NEWS. AN ALTERNATIVE DERIVATION RELYING ON THE EVALUATION OF THE STOCK OF GOODWILL BUILT UP FOR EACH PARTY IS ALSO SUGGESTED. EMPIRICAL EVIDENCE FROM THE GALLUP OPINION POLL PROVIDES SOME SUPPORT FOR THESE HYPOTHESES.