Professor Jim Malley
- Professor in Economics (Economics)
telephone:
01413304692
email:
Jim.Malley@glasgow.ac.uk
Adam Smith Business School,, Room 622,, 2 Discovery Place,, Glasgow G11 6EY
Biography
Jim’s full-time posts have included various positions at Glasgow and Stirling Universities as well as the US Federal Government. He has also held visiting appointments at a number of US and European Universities, Central Banks and Research Institutes.
Research interests
James is a member of the Macroeconomics research cluster.
Areas of expertise:
- Business cycles
- Economic growth
- Dynamic general equilibrium
- Fiscal policy
- Productivity
- Inequality
Publications
2025
Asimakopoulos, Stylianos, Malley, James ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2025)
The firm-level and aggregate effects of corporate payout policy.
Journal of International Money and Finance,
(Accepted for Publication)
2023
Malley, James ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2023)
The macroeconomic effects of funding U.S. infrastructure.
European Economic Review, 152,
104334.
(doi: 10.1016/j.euroecorev.2022.104334)
2022
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Lazarakis, Spyridon and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(2022)
Cyclical labour income risk in Great Britain.
Journal of Applied Econometrics, 37(1),
pp. 116-130.
(doi: 10.1002/jae.2860)
2020
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Lazarakis, Spyridon and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(2020)
The distributional implications of asymmetric income dynamics.
European Economic Review, 128,
103502.
(doi: 10.1016/j.euroecorev.2020.103502)
2019
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, Stylianos and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(2019)
The optimal distribution of the tax burden over the business cycle.
Macroeconomic Dynamics, 23(6),
pp. 2298-2337.
(doi: 10.1017/S1365100517000700)
2017
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2017)
Human capital accumulation and transition to skilled employment.
Journal of Human Capital, 11(1),
pp. 72-105.
(doi: 10.1086/690445)
2016
Angelopoulos, K. ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, S. and Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X
(2016)
Optimal progressive taxation in a model with endogenous skill supply.
In: Philippopoulos, Apostolis (ed.)
Public Sector Economics and the Need for Reforms.
Series: CESifo seminar series.
MIT Press: Cambridge, Massachusetts, pp. 257-292.
ISBN 9780262034449
2015
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, Stylianos and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Fernandez, Bernardo X. and Malley, James R.
ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0002-0702-3673, Jiang, W. and Malley, J.R.
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(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. ORCID: https://orcid.org/0000-0002-0702-3673, Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X, 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. ORCID: https://orcid.org/0000-0002-0702-3673, Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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, James R. ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, V.Anton and Woitek, Ulrich
(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, Jim ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, Anton and Woitek, Ulrich
(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. ORCID: https://orcid.org/0000-0003-1207-187X, 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 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)
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. ORCID: https://orcid.org/0000-0003-1207-187X
(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, James R. ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, V. Anton and Woitek, Ulrich
(2000)
The interaction between business cycles and productivity growth: evidence from us industrial data.
In: van Ark, Bart, Kuipers, Simon K. and Kuper, Gerard H. (eds.)
Productivity, Technology and Economic Growth.
Kluwer Academic Publishers, pp. 131-157.
ISBN 9780792379607
(doi: 10.1007/978-1-4757-3161-3_5)
1999
Malley, Jim ORCID: https://orcid.org/0000-0003-1207-187X and Muscatelli, V.Anton
(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. ORCID: https://orcid.org/0000-0003-1207-187X
(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, David, Kay, Jim ORCID: https://orcid.org/0000-0002-2189-6999 and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Jim ORCID: https://orcid.org/0000-0003-1207-187X and Muscatelli, V. Anton
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X and Moutos, T.
(1996)
Unemployment and consumption.
Oxford Economic Papers, 48(4),
pp. 584-600.
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X
(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, David, Kay, Jim ORCID: https://orcid.org/0000-0002-2189-6999 and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X and Moutos, T.
(1993)
Pricing to market, exchange rates and macroeconomic policies.
Greek Economic Review, 15,
pp. 73-96.
1991
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X, 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. ORCID: https://orcid.org/0000-0003-1207-187X
(1991)
Software for analysing and solving non-linear econometric models: PC-NESS.
Economic and Financial Computing, 1,
pp. 363-374.
1990
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X 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, James ORCID: https://orcid.org/0000-0003-1207-187X
(1990)
Dynamic Specification in Econometric Estimation.
Journal of Agricultural Economics Research, 42,
pp. 52-55.
Malley, James R. ORCID: https://orcid.org/0000-0003-1207-187X
(1990)
Analysing alternative economic policies with a small multi-country macroeconomic model.
Mathematical and Computer Modelling, 14,
pp. 1155-1160.
(doi: 10.1016/0895-7177(90)90358-T)
1988
Foster, J. and Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X
(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)
Foster, J. and Malley, James ORCID: https://orcid.org/0000-0003-1207-187X
(1988)
Assessing the impact of foreign direct investment on the Scottish economy: some regional macroeconomic evidence.
In: MacGregor, P. and Harrigan, F. (eds.)
Recent Advances in Regional Economic Modelling.
Series: London papers in regional science (19).
Pion: London.
ISBN 9780850861303
Articles
Asimakopoulos, Stylianos, Malley, James ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2025)
The firm-level and aggregate effects of corporate payout policy.
Journal of International Money and Finance,
(Accepted for Publication)
Malley, James ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2023)
The macroeconomic effects of funding U.S. infrastructure.
European Economic Review, 152,
104334.
(doi: 10.1016/j.euroecorev.2022.104334)
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Lazarakis, Spyridon and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(2022)
Cyclical labour income risk in Great Britain.
Journal of Applied Econometrics, 37(1),
pp. 116-130.
(doi: 10.1002/jae.2860)
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Lazarakis, Spyridon and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(2020)
The distributional implications of asymmetric income dynamics.
European Economic Review, 128,
103502.
(doi: 10.1016/j.euroecorev.2020.103502)
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, Stylianos and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(2019)
The optimal distribution of the tax burden over the business cycle.
Macroeconomic Dynamics, 23(6),
pp. 2298-2337.
(doi: 10.1017/S1365100517000700)
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2017)
Human capital accumulation and transition to skilled employment.
Journal of Human Capital, 11(1),
pp. 72-105.
(doi: 10.1086/690445)
Angelopoulos, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, Stylianos and Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Fernandez, Bernardo X. and Malley, James R.
ORCID: https://orcid.org/0000-0003-1207-187X
(2014)
The distributional consequences of tax reforms under capital-skill complementarity.
Economica, 81(324),
pp. 747-767.
(doi: 10.1111/ecca.12087)
Angelopoulos, K. ORCID: https://orcid.org/0000-0002-0702-3673, Jiang, W. and Malley, J.R.
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Konstantinos ORCID: https://orcid.org/0000-0002-0702-3673, Malley, James
ORCID: https://orcid.org/0000-0003-1207-187X and Philippopoulos, Apostolis
(2012)
Tax structure, growth, and welfare in the UK.
Oxford Economic Papers, 64(2),
pp. 237-258.
(doi: 10.1093/oep/gpr035)
Angelopoulos, K. ORCID: https://orcid.org/0000-0002-0702-3673, Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X, 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. ORCID: https://orcid.org/0000-0002-0702-3673, Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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, James R. ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, V.Anton and Woitek, Ulrich
(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, Jim ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, Anton and Woitek, Ulrich
(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. ORCID: https://orcid.org/0000-0003-1207-187X, 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 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 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. ORCID: https://orcid.org/0000-0003-1207-187X
(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, Jim ORCID: https://orcid.org/0000-0003-1207-187X and Muscatelli, V.Anton
(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. ORCID: https://orcid.org/0000-0003-1207-187X
(1999)
Procyclical labour productivity: A closer look at a stylized fact.
Economica, 66(264),
pp. 533-550.
(doi: 10.1111/1468-0335.00187)
Bell, David, Kay, Jim ORCID: https://orcid.org/0000-0002-2189-6999 and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(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, Jim ORCID: https://orcid.org/0000-0003-1207-187X and Muscatelli, V. Anton
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X and Moutos, T.
(1996)
Unemployment and consumption.
Oxford Economic Papers, 48(4),
pp. 584-600.
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X
(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, David, Kay, Jim ORCID: https://orcid.org/0000-0002-2189-6999 and Malley, Jim
ORCID: https://orcid.org/0000-0003-1207-187X
(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. ORCID: https://orcid.org/0000-0003-1207-187X 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. ORCID: https://orcid.org/0000-0003-1207-187X and Moutos, T.
(1993)
Pricing to market, exchange rates and macroeconomic policies.
Greek Economic Review, 15,
pp. 73-96.
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X, 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. ORCID: https://orcid.org/0000-0003-1207-187X
(1991)
Software for analysing and solving non-linear econometric models: PC-NESS.
Economic and Financial Computing, 1,
pp. 363-374.
Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X 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, James ORCID: https://orcid.org/0000-0003-1207-187X
(1990)
Dynamic Specification in Econometric Estimation.
Journal of Agricultural Economics Research, 42,
pp. 52-55.
Malley, James R. ORCID: https://orcid.org/0000-0003-1207-187X
(1990)
Analysing alternative economic policies with a small multi-country macroeconomic model.
Mathematical and Computer Modelling, 14,
pp. 1155-1160.
(doi: 10.1016/0895-7177(90)90358-T)
Foster, J. and Malley, J. ORCID: https://orcid.org/0000-0003-1207-187X
(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)
Book Sections
Angelopoulos, K. ORCID: https://orcid.org/0000-0002-0702-3673, Asimakopoulos, S. and Malley, J.
ORCID: https://orcid.org/0000-0003-1207-187X
(2016)
Optimal progressive taxation in a model with endogenous skill supply.
In: Philippopoulos, Apostolis (ed.)
Public Sector Economics and the Need for Reforms.
Series: CESifo seminar series.
MIT Press: Cambridge, Massachusetts, pp. 257-292.
ISBN 9780262034449
Malley, James R. ORCID: https://orcid.org/0000-0003-1207-187X, Muscatelli, V. Anton and Woitek, Ulrich
(2000)
The interaction between business cycles and productivity growth: evidence from us industrial data.
In: van Ark, Bart, Kuipers, Simon K. and Kuper, Gerard H. (eds.)
Productivity, Technology and Economic Growth.
Kluwer Academic Publishers, pp. 131-157.
ISBN 9780792379607
(doi: 10.1007/978-1-4757-3161-3_5)
Foster, J. and Malley, James ORCID: https://orcid.org/0000-0003-1207-187X
(1988)
Assessing the impact of foreign direct investment on the Scottish economy: some regional macroeconomic evidence.
In: MacGregor, P. and Harrigan, F. (eds.)
Recent Advances in Regional Economic Modelling.
Series: London papers in regional science (19).
Pion: London.
ISBN 9780850861303
Grants
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.
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.
Supervision
- Huang, Shipeng
Aggregate Inflation Risks.
Previous PhD supervision topics
- Aggregate Inequality and Macroeconomic Policy (2021)
- Growth and Inequality: A Dynamic General Equilibrium Analysis of Scotland and the UK (2020)
- Skill Acquisition, Aggregate Fluctuations and the Life Cycle (2020)
- Essays on Optimal Fiscal Policy with Heterogeneous Agents (2014)
- Fiscal Policy in Heterogeneous Agent Models (2013)
- Real Business Cycles & the Public Sector (2013)
- Real Business Cycles & Learning in Emerging Economies (2012)
- Growth & Business Cycles (2011)
- Essays on the Transmission Mechanism of Monetary Policy (2003)
- On the Role of Public Capital in Production (1998)
Teaching
Teaching over the past several years includes:
Postgraduates
- MBA Macroeconomics
- MSc Macroeconomic Theory and Policy
- MRes Macroeconomic Theory
Undergraduate
- Honours Advanced Macroeconomic Theory
Additional information
Work in progress
Details of Jim’s working papers can be found on his RePEc profile on the RePEc website.
CV
Download a full CV: James Malley (pdf)