Professor Jim Malley

  • Professor in Economics (Economics)

telephone: 01413304692
email: Jim.Malley@glasgow.ac.uk

Biography

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 interests

Areas of expertise:

  • Business Cycles
  • Economic Growth Dynamic General Equilibrium
  • Fiscal Policy
  • Productivity

Grants

Current research funding

Research Grant (€348,000) from the European Social Fund and the Greek Ministry of Education for research on “Reform of the Public Sector”, 2014-2016. The research team also includes partners from the Athens University of Economics and Business (lead institution), Exeter University and City University London

Selected research grants

Research Grant (€348,000) from the European Social Fund and the Greek Ministry of Education for research on “Reform of the Public Sector”, 2014-2016. The research team also includes partners from the Athens University of Economics and Business (lead institution), Exeter University and City University London.

Research Grant (£118,464) from the Economic and Social Research Council (jointly held with K Angelopoulos and A Philippopoulos) for research on "Optimal taxation in heterogeneous agent dynamic general equilibrium models", 2010-2012.

Iraklitos Research Fellowship (E33,000) (joint with Athens University of Economics and Business) awarded by the European Social Fund and the Greek Ministry of Education.

Supervision

PhD students

A. Benecchi

  • Thesis title: The Effects of Fiscal Policy on Social Mobility, Growth and Inequality
  • Co-supervisor: K. Angelopoulos
  • Scholarships: Adam Smith Business School

S. Asimakopoulos (Will graduate in 2015)     

  • Thesis title: Essays on Optimal Fiscal Policy with Heterogeneous Agents
  • Co-supervisor: K. Angelopoulos
  • Scholarships: Economic and Social Research Council (ESRC) & Scottish Institute for Research in Economics (SIRE)
  • Current position: Lecturer at the University of Nottingham

W. Jiang (Graduated 2013)

  • Thesis title: Fiscal Policy in Heterogeneous Agent Models
  • Co-supervisor: K. Angelopoulos
  • Scholarships: SIRE & Adam Smith Research Foundation (ASRF)
  • Current position: Lecturer, University of Kent, Canterbury

A. Vasilev (Graduated 2013)

  • Thesis title: Real Business Cycles & the Public Sector
  • Co-supervisor: K. Angelopoulos
  • Scholarships: SIRE & ASRF
  • Current position: Assistant Professor, American University in Bulgaria

B. Fernandez (Graduated 2012)

  • Thesis title: Real Business Cycles & Learning in Emerging Economies
  • Co-supervisor: K. Angelopoulos
  • Scholarships: ASRF
  • Current position: Assistant Professor, Bolivian Catholic University

J. Huang (Graduated 2011)

  • Thesis title: Growth & Business Cycles
  • Co-supervisor: U. Woitek
  • Scholarships: SIRE & Overseas Research Students Awards Scheme (ORSAS)
  • Current position: Assistant Professor, University of Shandong

M. Giuliodori (Graduated 2003)

  • Thesis title: Essays on the Transmission Mechanism of Monetary Policy
  • Co-supervisor: U. Woitek Scholarships: ESRC
  • Current position: Associate Professor, University of Amsterdam

N. Braun (Graduated 1998)

  • Thesis title: On the Role of Public Capital in Production
  • Co-supervisor: U. Woitek Scholarships: ESRC & ORSAS
  • Current position: Managing Director Tax Café Ltd

 

 

 

 

 

Teaching

Postgraduate:  MSc Macroeconomics

Undergraduate: Advanced Macroeconomics

Additional information

Forthcoming publications

Angelopoulos, K., Asimakopoulos S. and J. Malley, ‘Tax smoothing in a business cycle model with capital-skill complementarity’ (Journal of Economic Dynamics and Control).

Work in progress

Details of Jim’s working papers can be found on his RePEc profile on the RePEc website.

Download a full CV: Jim Malley

Publications

List by: Type | Date

Jump to: 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1994 | 1993 | 1991 | 1990 | 1988
Number of items: 42.

2015

Angelopoulos, K., Asimakopoulos, S., and Malley, J. (2015) Tax smoothing in a business cycle model with capital-skill complementarity. Journal of Economic Dynamics and Control, 51, pp. 420-444. (doi:10.1016/j.jedc.2014.11.002)

2014

Angelopoulos, K., Fernandez, B. X., and Malley, J. R. (2014) The distributional consequences of tax reforms under capital-skill complementarity. Economica, 81(324), pp. 747-767. (doi:10.1111/ecca.12087)

2013

Angelopoulos, K., Jiang, W., and Malley, J.R. (2013) Tax reforms under market distortions in product and labour markets. European Economic Review, 61, pp. 28-42. (doi:10.1016/j.euroecorev.2013.03.003)

2012

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2012) Tax structure, growth, and welfare in the UK. Oxford Economic Papers, 64(2), pp. 237-258. (doi:10.1093/oep/gpr035)

2011

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2011) The welfare implications of resource allocation policies under uncertainty: The case of public education spending. Journal of Macroeconomics, 33(2), pp. 176-192. (doi:10.1016/j.jmacro.2010.11.007)

2010

Malley, J., and Woitek, U. (2010) Technology shocks and aggregate fluctuations in an estimated hybrid RBC model. Journal of Economic Dynamics and Control, 34(7), pp. 1214-1232. (doi:10.1016/j.jedc.2010.01.017)

2009

Hart, R., Malley, J., and Woitek, U. (2009) Real earnings and business cycles: new evidence. Empirical Economics, 37(1), pp. 51-71. (doi:10.1007/s00181-008-0222-1)

Malley, J., Philippopoulos, A., and Woitek, U. (2009) To react or not? Technology shocks, fiscal policy and welfare in the EU-3. European Economic Review, 53(6), pp. 689-714. (doi:10.1016/j.euroecorev.2009.01.005 )

2008

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2008) Macroeconomic effects of public education expenditure. CESIFO Economic Studies, 54(3), pp. 471-498. (doi:10.1093/cesifo/ifn021)

Gibson, H., and Malley, J. (2008) The contribution of sectoral productivity differentials to inflation in Greece. Open Economies Review, 19(5), pp. 629-650. (doi:10.1007/s11079-007-9071-3)

Malley, J., and Molana, H. (2008) Output, unemployment and Okun's Law: some evidence from the G7. Economics Letters, 101(2), pp. 113-115. (doi:10.1016/j.econlet.2008.06.013 )

2007

Leith, C., and Malley, J. (2007) Estimated open economy New Keynesian Phillips curves for the G7. Open Economies Review, 18, pp. 405-426. (doi:10.1007/s11079-007-9008-x)

Leith, C., and Malley, J. (2007) A sectoral analysis of price-setting behavior in US manufacturing industries. Review of Economics and Statistics, 89, pp. 335-342. (doi:10.1162/rest.89.2.335)

Malley, J., and Molana, H. (2007) The relationship between output and unemployment with efficiency wages. German Economic Review, 8(4), pp. 561-577. (doi:10.1111/j.1468-0475.2007.00418.x)

Malley, J., Philippopoulos, A., and Woitek, U. (2007) Electoral uncertainty, fiscal policy and macroeconomic fluctuations. Journal of Economic Dynamics and Control , 31, pp. 1051-1080. (doi:10.1016/j.jedc.2006.06.004)

2006

Malley, J., and Molana, H. (2006) Further evidence from aggregate data on the life-cycle-permanent-income model. Empirical Economics, 31, pp. 1025-1041. (doi:10.1007/s00181-006-0066-5)

Malley, J., and Moutos, T. (2006) Do excessive wage increases raise imports? Theory and evidence. Japan and the World Economy, 18, pp. 194-220. (doi:10.1016/j.japwor.2004.08.001)

2005

Malley, J. R., Muscatelli, V.A., and Woitek, U. (2005) Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing. European Economic Review, 49(3), pp. 745-760. (doi:10.1016/S0014-2921(03)00073-4)

Leith, C., and Malley, J. (2005) Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe. European Economic Review, 49, pp. 2137-2159. (doi:10.1016/j.euroecorev.2004.09.010)

2003

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 (Statistics in Society), 166(1), pp. 85-104. (doi:10.1111/1467-985X.00260)

2002

Malley, J., and Molana, H. (2002) Fiscal policy and the composition of private consumption: some evidence from the U.S. and Canada. International Economic Journal, 16(1), pp. 139-158. (doi:10.1080/10168730200000008 )

Malley, J., and Moutos, T. (2002) Vertical product differentiation and the import demand function: theory and evidence. Canadian Journal of Economics = Revue canadienne d'économique, 35, pp. 257-281. (doi:10.1111/1540-5982.00130)

Malley, J., Philippopoulos, A., and Economides, G. (2002) Testing for tax smoothing in a general equilibrium model of growth. European Journal of Political Economy, 18(2), pp. 301-315. (doi:10.1016/S0176-2680(02)00082-4 )

2001

Malley, J., and Moutos, T. (2001) Capital accumulation and unemployment: A tale of two "continents". Scandinavian Journal of Economics, 103, pp. 79-99.

2000

Hart, R., and Malley, J. (2000) Marginal cost and price over the business cycle: comparative evidence from Japan and the United States. European Journal of Political Economy, 16(3), pp. 547-569. (doi:10.1016/S0176-2680(99)00057-9)

1999

Malley, J., and Muscatelli, V.A. (1999) Business cycles and productivity growth: are temporary downturns productive or wasteful? Research in Economics, 53(4), pp. 337-364. (doi:10.1006/reec.1999.0203)

Hart, R.A., and Malley, J.R. (1999) Procyclical labour productivity: A closer look at a stylized fact. Economica, 66(264), pp. 533-550. (doi:10.1111/1468-0335.00187)

1998

Bell, D., Kay, J., and Malley, J. (1998) Nonparametric regression and causality testing: A Monte-Carlo study. Scottish Journal of Political Economy, 45(5), pp. 528-552. (doi:10.1111/1467-9485.00111)

1997

Malley, J., and Muscatelli, A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57(1), pp. 97-105. (doi:10.1016/S0165-1765(97)81885-X)

1996

Hart, R., Malley, J., and Ruffell, R. (1996) What shapes are overtime premium schedules? Some evidence from Japan, the UK, and the US. Economics Letters, 53(1), pp. 97-102. (doi:10.1016/S0165-1765(96)00889-0)

Malley, J., and Moutos, T. (1996) Unemployment and consumption. Oxford Economic Papers, 48(4), pp. 584-600.

Malley, J., and Moutos, T. (1996) Does Government employment "crowd-out" private employment: the Swedish case. Scandinavian Journal of Economics, 98(2), pp. 289-302.

Darby, J., and Malley, J. (1996) Fiscal policy and aggregate consumption: new evidence from the United States. Scottish Journal of Political Economy, 43(2), pp. 129-145. (doi:10.1111/j.1467-9485.1996.tb00669.x)

Hart, R.A., and Malley, J.R. (1996) Excess labour and the business cycle: A comparative study of Japan, Germany, the United Kingdom and the United States. Economica, 63(250), pp. 325-342.

Bell, D., Kay, J., and Malley, J. (1996) A non-parametric approach to non-linear causality testing. Economics Letters, 51(1), pp. 7-18. (doi:10.1016/0165-1765(95)00791-1)

1994

Malley, J., and Moutos, T. (1994) A prototype macroeconomic model of foreign direct investment. Journal of Development Economics, 43(2), pp. 295-315. (doi:10.1016/0304-3878(94)90009-4)

1993

Malley, J., and Moutos, T. (1993) Pricing to market, exchange rates and macroeconomic policies. Greek Economic Review, 15, pp. 73-96.

1991

Malley, J., Bell, D., and Foster, J. (1991) The specification, estimation and simulation of a small global macroeconomic model. Economic Modelling, 8(4), pp. 546-559. (doi:10.1016/0264-9993(91)90033-K)

Bell, D., and Malley, J. (1991) Software for analysing and solving non-linear econometric models: PC-NESS. Economic and Financial Computing, 1, pp. 363-374.

1990

Malley, J., and Hady, T.F. (1990) The structure of agricultural unemployment in the USA: a comment. Growth and Change, 21(2), pp. 65-67. (doi:10.1111/j.1468-2257.1990.tb00518.x)

Malley, J. (1990) Dynamic Specification in Econometric Estimation. Journal of Agricultural Economics Research, 42, pp. 52-55.

1988

Foster, J., and Malley, J. (1988) The domestic and foreign-owned sectors of Scottish manufacturing: a macroeconomic approach to their relative performance and prospects. Scottish Journal of Political Economy, 35(3), pp. 250-265. (doi:10.1111/j.1467-9485.1988.tb01050.x)

This list was generated on Thu Jul 2 20:24:47 2015 BST.
Jump to: Articles
Number of items: 42.

Articles

Angelopoulos, K., Asimakopoulos, S., and Malley, J. (2015) Tax smoothing in a business cycle model with capital-skill complementarity. Journal of Economic Dynamics and Control, 51, pp. 420-444. (doi:10.1016/j.jedc.2014.11.002)

Angelopoulos, K., Fernandez, B. X., and Malley, J. R. (2014) The distributional consequences of tax reforms under capital-skill complementarity. Economica, 81(324), pp. 747-767. (doi:10.1111/ecca.12087)

Angelopoulos, K., Jiang, W., and Malley, J.R. (2013) Tax reforms under market distortions in product and labour markets. European Economic Review, 61, pp. 28-42. (doi:10.1016/j.euroecorev.2013.03.003)

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2012) Tax structure, growth, and welfare in the UK. Oxford Economic Papers, 64(2), pp. 237-258. (doi:10.1093/oep/gpr035)

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2011) The welfare implications of resource allocation policies under uncertainty: The case of public education spending. Journal of Macroeconomics, 33(2), pp. 176-192. (doi:10.1016/j.jmacro.2010.11.007)

Malley, J., and Woitek, U. (2010) Technology shocks and aggregate fluctuations in an estimated hybrid RBC model. Journal of Economic Dynamics and Control, 34(7), pp. 1214-1232. (doi:10.1016/j.jedc.2010.01.017)

Hart, R., Malley, J., and Woitek, U. (2009) Real earnings and business cycles: new evidence. Empirical Economics, 37(1), pp. 51-71. (doi:10.1007/s00181-008-0222-1)

Malley, J., Philippopoulos, A., and Woitek, U. (2009) To react or not? Technology shocks, fiscal policy and welfare in the EU-3. European Economic Review, 53(6), pp. 689-714. (doi:10.1016/j.euroecorev.2009.01.005 )

Angelopoulos, K., Malley, J., and Philippopoulos, A. (2008) Macroeconomic effects of public education expenditure. CESIFO Economic Studies, 54(3), pp. 471-498. (doi:10.1093/cesifo/ifn021)

Gibson, H., and Malley, J. (2008) The contribution of sectoral productivity differentials to inflation in Greece. Open Economies Review, 19(5), pp. 629-650. (doi:10.1007/s11079-007-9071-3)

Malley, J., and Molana, H. (2008) Output, unemployment and Okun's Law: some evidence from the G7. Economics Letters, 101(2), pp. 113-115. (doi:10.1016/j.econlet.2008.06.013 )

Leith, C., and Malley, J. (2007) Estimated open economy New Keynesian Phillips curves for the G7. Open Economies Review, 18, pp. 405-426. (doi:10.1007/s11079-007-9008-x)

Leith, C., and Malley, J. (2007) A sectoral analysis of price-setting behavior in US manufacturing industries. Review of Economics and Statistics, 89, pp. 335-342. (doi:10.1162/rest.89.2.335)

Malley, J., and Molana, H. (2007) The relationship between output and unemployment with efficiency wages. German Economic Review, 8(4), pp. 561-577. (doi:10.1111/j.1468-0475.2007.00418.x)

Malley, J., Philippopoulos, A., and Woitek, U. (2007) Electoral uncertainty, fiscal policy and macroeconomic fluctuations. Journal of Economic Dynamics and Control , 31, pp. 1051-1080. (doi:10.1016/j.jedc.2006.06.004)

Malley, J., and Molana, H. (2006) Further evidence from aggregate data on the life-cycle-permanent-income model. Empirical Economics, 31, pp. 1025-1041. (doi:10.1007/s00181-006-0066-5)

Malley, J., and Moutos, T. (2006) Do excessive wage increases raise imports? Theory and evidence. Japan and the World Economy, 18, pp. 194-220. (doi:10.1016/j.japwor.2004.08.001)

Malley, J. R., Muscatelli, V.A., and Woitek, U. (2005) Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing. European Economic Review, 49(3), pp. 745-760. (doi:10.1016/S0014-2921(03)00073-4)

Leith, C., and Malley, J. (2005) Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe. European Economic Review, 49, pp. 2137-2159. (doi:10.1016/j.euroecorev.2004.09.010)

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 (Statistics in Society), 166(1), pp. 85-104. (doi:10.1111/1467-985X.00260)

Malley, J., and Molana, H. (2002) Fiscal policy and the composition of private consumption: some evidence from the U.S. and Canada. International Economic Journal, 16(1), pp. 139-158. (doi:10.1080/10168730200000008 )

Malley, J., and Moutos, T. (2002) Vertical product differentiation and the import demand function: theory and evidence. Canadian Journal of Economics = Revue canadienne d'économique, 35, pp. 257-281. (doi:10.1111/1540-5982.00130)

Malley, J., Philippopoulos, A., and Economides, G. (2002) Testing for tax smoothing in a general equilibrium model of growth. European Journal of Political Economy, 18(2), pp. 301-315. (doi:10.1016/S0176-2680(02)00082-4 )

Malley, J., and Moutos, T. (2001) Capital accumulation and unemployment: A tale of two "continents". Scandinavian Journal of Economics, 103, pp. 79-99.

Hart, R., and Malley, J. (2000) Marginal cost and price over the business cycle: comparative evidence from Japan and the United States. European Journal of Political Economy, 16(3), pp. 547-569. (doi:10.1016/S0176-2680(99)00057-9)

Malley, J., and Muscatelli, V.A. (1999) Business cycles and productivity growth: are temporary downturns productive or wasteful? Research in Economics, 53(4), pp. 337-364. (doi:10.1006/reec.1999.0203)

Hart, R.A., and Malley, J.R. (1999) Procyclical labour productivity: A closer look at a stylized fact. Economica, 66(264), pp. 533-550. (doi:10.1111/1468-0335.00187)

Bell, D., Kay, J., and Malley, J. (1998) Nonparametric regression and causality testing: A Monte-Carlo study. Scottish Journal of Political Economy, 45(5), pp. 528-552. (doi:10.1111/1467-9485.00111)

Malley, J., and Muscatelli, A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57(1), pp. 97-105. (doi:10.1016/S0165-1765(97)81885-X)

Hart, R., Malley, J., and Ruffell, R. (1996) What shapes are overtime premium schedules? Some evidence from Japan, the UK, and the US. Economics Letters, 53(1), pp. 97-102. (doi:10.1016/S0165-1765(96)00889-0)

Malley, J., and Moutos, T. (1996) Unemployment and consumption. Oxford Economic Papers, 48(4), pp. 584-600.

Malley, J., and Moutos, T. (1996) Does Government employment "crowd-out" private employment: the Swedish case. Scandinavian Journal of Economics, 98(2), pp. 289-302.

Darby, J., and Malley, J. (1996) Fiscal policy and aggregate consumption: new evidence from the United States. Scottish Journal of Political Economy, 43(2), pp. 129-145. (doi:10.1111/j.1467-9485.1996.tb00669.x)

Hart, R.A., and Malley, J.R. (1996) Excess labour and the business cycle: A comparative study of Japan, Germany, the United Kingdom and the United States. Economica, 63(250), pp. 325-342.

Bell, D., Kay, J., and Malley, J. (1996) A non-parametric approach to non-linear causality testing. Economics Letters, 51(1), pp. 7-18. (doi:10.1016/0165-1765(95)00791-1)

Malley, J., and Moutos, T. (1994) A prototype macroeconomic model of foreign direct investment. Journal of Development Economics, 43(2), pp. 295-315. (doi:10.1016/0304-3878(94)90009-4)

Malley, J., and Moutos, T. (1993) Pricing to market, exchange rates and macroeconomic policies. Greek Economic Review, 15, pp. 73-96.

Malley, J., Bell, D., and Foster, J. (1991) The specification, estimation and simulation of a small global macroeconomic model. Economic Modelling, 8(4), pp. 546-559. (doi:10.1016/0264-9993(91)90033-K)

Bell, D., and Malley, J. (1991) Software for analysing and solving non-linear econometric models: PC-NESS. Economic and Financial Computing, 1, pp. 363-374.

Malley, J., and Hady, T.F. (1990) The structure of agricultural unemployment in the USA: a comment. Growth and Change, 21(2), pp. 65-67. (doi:10.1111/j.1468-2257.1990.tb00518.x)

Malley, J. (1990) Dynamic Specification in Econometric Estimation. Journal of Agricultural Economics Research, 42, pp. 52-55.

Foster, J., and Malley, J. (1988) The domestic and foreign-owned sectors of Scottish manufacturing: a macroeconomic approach to their relative performance and prospects. Scottish Journal of Political Economy, 35(3), pp. 250-265. (doi:10.1111/j.1467-9485.1988.tb01050.x)

This list was generated on Thu Jul 2 20:24:47 2015 BST.