Professor Jim Malley, BA, MPhil, PhD
Professor of Economics
j.malley@lbss.gla.ac.uk
Tel: +44 (0)141 330 4692
Room S118
Office hour (semester 2): Wednesday, 11 am - 12 noon
Background
Jim’s full-time posts have included various positions at Glasgow and Stirling Universities as well as the U.S. Federal Government. He has also held visiting appointments at a number of U.S. and European Universities, Central Banks and Research Institutes.
Research and teaching interests
Business Cycles, Economic Growth, Dynamic Stochastic General Equilibrium Modelling, Monetary and Fiscal Policy, Productivity
Current research funding
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ESRC Grant (2010-2012): Optimal taxation in heterogeneous agent dynamic general equilibrium models (joint with K. Angelopoulos and A. Philippopoulos). |
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Current PhD students
| Student | Co-Supervisor |
Topic | Scholarships |
| B.Fernandez | K.Angelopoulos | Real Business Cycles & Learning in Emerging Economies |
ASRF |
| J.Huang | U.Woitek | Growth & Business Cycles | SIRE & ORSAS |
| W.Jiang | K.Angelopoulos | Fiscal Policy in Heterogeneous Agent Models | SIRE & ASRF |
| N.Mantovan | K.Angelopoulos | Redistribution & Growth | ESRC & SIRE |
| A.Vasilev | K.Angelopoulos | Real Business Cycles & the Public Sector | SIRE & ASRF |
| Key: ASRF ESRC ORSAS SIRE |
Adam Smith Research Foundation Economic & Social Research Council Overseas Research Students Award Scheme Scottish Institute for Research in Economics | ||
Teaching 2009-2010
Undergraduate: Economics 1A (Microeconomics); Advanced Macroeconomics 1
Postgraduate: MSc Macroeconomics
Administration 2009-2010
Convenor: Level 1 economics; Coordinator: External research funding; Course coordinator: Advanced macroeconomics 1 (undergraduate) and Macroeconomics (postgraduate); Senate Appeals Committee (Glasgow University); External examiner (Exeter University)
Selected Publications
Malley, J., and Woitek, U. (forthcoming). 'Technology shocks and aggregate fluctuations in an estimated hybrid RBC model', Journal of Economic Dynamics and Control.
Malley, J., Philippopoulos, A. and Woitek, U. (2009). 'To react or not? Fiscal policy, volatility and welfare in the EU-3', European Economic Review, vol. 53, pp. 689-714.
Malley, J. and Molana, H. (2008). 'Output, unemployment and Okun's law: some evidence from the G7', Economics Letters, vol. 101(2), (November), pp. 113-115.
Angelopoulos, K., Malley, J. and Philippopoulos, A. (2008). 'Macroeconomic effects of public education expenditure', CESifo Economic Studies, vol. 54(3), pp. 471-498.
Leith, C. and Malley, J. (2007). 'A sectoral analysis of price-setting behaviour in US manufacturing industries', Review of Economics and Statistics, vol. 89(2), (May), pp. 335-342.
Malley, J., Philippopoulos, A. and Woitek, U. (2007). 'Electoral uncertainty, fiscal policy and macroeconomic fluctuations', Journal of Economic Dynamics and Control, vol. 31(3), (March), pp. 1051-1080.
Leith, C. and Malley, J. (2005). 'Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe', European Economic Review, vol. 49(8), (November), pp. 2137-2159.
Malley, J., Muscatelli, A. and Woitek, U. (2005). 'Real business cycles or sticky prices? The impact of technology shocks on US manufacturing', European Economic Review, vol. 49(3), (April), pp. 745-760.
Malley, J., Muscatelli, A. and Woitek, U. (2003). 'Some new international comparisons of productivity performance at the sectoral level', Journal of the Royal Statistical Society, Series A, vol. 166(1), (February), pp. 85-104.
Malley, J. and Moutos, T. (2002). 'Vertical product differentiation and the import demand function: theory and evidence', Canadian Journal of Economics, vol. 35(2), (May), pp. 257-281.
Malley, J., Philippopoulos, A. and Economides, G. (2002). 'Testing for tax smoothing in a general equilibrium model of growth', European Journal of Political Economy, vol. 18(2), (June), pp. 301-315.
Malley, J. and Moutos, T. (2001). 'Capital accumulation and unemployment: a tale of two 'continents'', Scandinavian Journal of Economics, vol. 103(1), (March), pp. 79-99.
Hart, R.A. and Malley, J. (2000). 'Marginal cost & price over the business cycle: comparative evidence from Japan & the U.S.', European Journal of Political Economy, vol. 16, pp. 547-69.
Hart, R.A. and Malley, J. (1999). 'Pro-cyclical labour productivity: a closer look at a stylised fact', Economica, vol. 66, pp. 533-50.
Malley, J. and Muscatelli, V. (1997). 'Productivity shocks and employment: evidence from U.S. industrial data', Economics Letters, vol. 57, pp. 97-105.
Hart, R.A., Malley, J. and Ruffell, R. (1996). 'Estimating overtime premium functions: evidence from Britain, Japan and the United States', Economics Letters, vol. 51, pp. 7-18.
Malley, J. and Moutos, T. (1996). 'Unemployment and consumption', Oxford Economic Papers, vol. 48, pp. 584-600.
Malley, J. and Moutos, T. (1996). 'Does government employment crowd-out private employment: the Swedish case, Scandinavian Journal of Economics, vol. 98, pp. 289-302.
Hart, R.A. and Malley, J. (1996). 'Excess labour and the business cycle: a comparative study of Japan, Germany, the UK and the US', Economica, vol. 63, pp. 325-42.
Bell, D., Kay. J. and Malley, J. (1996). 'A nonparametric approach to nonlinear causality testing', Economics Letters, vol. 51, pp. 7-18.
Malley, J., and Moutos, T. (1994). 'A prototype Macroeconomic model of foreign direct investment', Journal of Development Economics, vol. 43, pp. 295-315.
Selected Research Grants
Visiting Research Fellow (€2,000) from the Center for Economic Studies, University of Munich for research on 'Growth and business cycles', 2009.
Small Research Grant (£1,800) from the Carnegie Trust For the Universities of Scotland for research on 'Estimated general equilibrium models for the evaluation of fiscal and monetary policy', 2004.
Visiting Research Fellow (€2,000) from the Center of Economic Studies, University of Munich for research on 'Economic growth and business cycles', 2004.
ESRC Research Grant (£75,000) from the Economic and Social Research Council (jointly held with V Muscatelli and U Woitek) for research on 'The interaction between business cycles and productivity growth', 1998-2000.
Small Research Grant (£2,000) from the Carnegie Trust For the Universities of Scotland for research on 'Open economy macroeconomics and the aggregate labour market' conducted at Athens University of Economics and Business, 1998.
Small Research Grant (£2,000) from the John Robertson Bequest for research on, 'Open economy macroeconomics and the aggregate labour market' conducted at Athens University of Economics and Business, 1998.
Small Research Grant (£3,000) from the Deutscher Akademischer Austauschdienst, Bonn for 'Comparative macroeconomic/labour market research focusing on the German, Japanese, UK & US economies', 1994-95.
Small Research Grant (£1,000) from the Carnegie Trust For the Universities of Scotland for research on the 'Extent of labour hoarding in the Germany, Japan and US', 1994-95.
Visiting Research Fellow (£2,000) from the University of Hannover for research on 'The effects of fiscal policy on aggregate consumption', 94-95.
Visiting Research Fellow (£3,500) from the University of Munich for research on 'The effects of unemployment on aggregate savings and consumption', 1994-95.
Details of Jim’s working papers can be found on his RePEc profile on the RePEc website.