Working paper series

The Birkbeck Centre for Applied Macroeconomics (BCAM) working paper series promotes research in applied macroeconomics from various perspectives.

We welcome contributions from BCAM members, including MPhil/PhD research students and visiting academics.

BCAM 1802: 'Quality of Politicians and Electoral Systems: Evidence from a Quasi-Experimental Design for Italian Cities', Marco Alberto de Benedetto.
BCAM 1801: 'State Dependence in Labour Market Fluctuations: Evidence, Theory, and Policy Implications', Carlo Pizzinelli, Konstantinos Theodoridis and Francesco Zanetti.

BCAM 1708: 'Optimal Monetary Policy and Fiscal Policy Interaction in a Non-Ricardian Economy', Massimiliano Rigon and Francesco Zanetti.
BCAM 1707: 'Posterior Means and Precisions of the Coefficients in Linear Models with Highly Collinear Regressors ', M. Hashem Pesaran and Ron P. Smith.
BCAM 1706: 'Tests of Policy Interventions in DSGE Models', M. Hashem Pesaran and Ron P Smith.
BCAM 1705: 'The Effect of News Shocks and Monetary Policy', Luca Gambetti, Dimitris Korobilis, John D. Tsoukalas and Francesco Zanetti.
BCAM 1704: 'Monetary Aggregates and Monetary Policy in Peru', Erick Lahura.
BCAM 1703: ‘Bank Lending in Uncertain Times’, Piergiorgio Alessandri and Margherita Bottero.
BCAM 1702: ‘Bank Loan Components, Uncertainty and Monetary Transmission Mechanism’, Ekaterina Pirozhkova.
BCAM 1701: ‘Financial Frictions and Robust Monetary Policy in the Models of New Keynesian Framework’, Ekaterina Pirozhkova.

BCAM 1603: ‘Adaptive Models and Heavy Tails with an Application to Inflation Forecasting’, Davide Delle Monache and Ivan Petrella.
BCAM 1602: ‘Slow Recoveries: Any Role for Corporate Leverage?’, Frank Smets and Stefania Villa.
BCAM 1601: ‘The Financial Stability Dark Side of Monetary Policy’, Piergiorgio Alessandri, Antonio M. Conti and Fabrizio Venditti.

BCAM 1504: ‘Informal Labour Markets in Pakistan’, M. Ali Choudhary, Saima Mahmood and Gylfi Zoega.
BCAM 1503: ‘Optimal Inflation Weights in the Euro Area’, Daniela Bragoli, Massimiliano Rigon and Francesco Zanetti.
BCAM 1502: ‘The Asymmetric Effects of Waiting Time Targets in Health Care’, Sofia Dimakou, Ourania Dimakou and Henrique S. Basso.
BCAM 1501: ‘News Shocks and Labour Market Dynamics in Matching Models’, Konstantinos Theodoridis and Francesco Zanetti.

BCAM 1407: ‘Financial Frictions in the Euro Area and the United States: A Bayesian Assessment’, Stefania Villa.
BCAM 1406: ‘The Relationship Between Panel and Synthetic Control Estimators of the Effect of Civil War’, Vincenzo Bove, Leandro Eliay and Ron P. Smith.
BCAM 1405: ‘Higher Moments of MSVARs and the Business Cycle’, Alexander Karalis Isaac.
BCAM 1404: ‘Financial Regimes and Uncertainty Shocks’, Piergiorgio Alessandri and Haroon Mumtaz.
BCAM 1403: ‘Estimating and Forecasting the Yield Curve Using a Markov Switching Dynamic Nelson and Siegel Model’, Constantino Hevia, Martin Gonzalez-Rozada, Martin Sola and Fabio Spagnolo.
BCAM 1402: ‘Leaning Against Windy Bank Lending’, Giovanni Melina and Stefania Villa.
BCAM 1401: ‘Do Quality Ladders Rationalise the Observed Engel Curves?’, Vincenzo Merella.