Professor Huw Dixon

2019

• Dixon, H., Easaw, J. and Heravi, S. 2019. Forecasting inflation gap persistence: do financial sector professionals differ from non-financial sector ones?. International Journal of Finance and Economics (10.1002/ijfe.1762)
• Dixon, H. 2019. Almost-maximization as a behavioral theory of the firm: Static, dynamic and evolutionary perspectives. Review of Industrial Organization (10.1007/s11151-019-09727-0)
• Zhou, P. and Dixon, H. 2019. The determinants of price rigidity in the UK: Analysis of the CPI and PPI microdata and application to macrodata modelling. Manchester School 87(5), pp. 640-677. (10.1111/manc.12263)
• Aloi, M., Dixon, H. and Savagar, A. 2019. Labor responses, regulation and business churn. Journal of Money, Credit and Banking

2017

• Dixon, H. and Tian, K. 2017. What we can learn about the behavior of firms from the average monthly frequency of price-changes: an application to the UK CPI data. Oxford Bulletin of Economics and Statistics 79(6), pp. 907-932. (10.1111/obes.12173)

2016

• Dixon, H. and Pourpourides, P. 2016. On imperfect competition with occasionally binding cash-in-advance constraints. Journal of Macroeconomics 50, pp. 72-85. (10.1016/j.jmacro.2016.09.002)

2014

• Dixon, H. and Bhattarai, K. 2014. Equilibrium unemployment in a general equilibrium model with taxes. The Manchester School 82(Supp 1), pp. 90-128. (10.1111/manc.12066)
• Dixon, H., Luintel, K. and Tian, K. 2014. The impact of the 2008 crisis on UK prices: what we can learn from the CPI microdata. Working paper. Cardiff: Cardiff University.

2013

• Brito, P. B., Costa, L. F. and Dixon, H. D. 2013. Non-smooth dynamics and multiple equilibria in a Cournot-Ramsey model with endogenous markups. Journal of Economic Dynamics and Control 37(11), pp. 2287-2306. (10.1016/j.jedc.2013.05.014)
• Brito, P. and Dixon, H. D. 2013. Fiscal policy, entry and capital accumulation: Hump-shaped responses. Journal of Economic Dynamics and Control 37(10), pp. 2123-2155. (10.1016/j.jedc.2013.03.005)
• Dixon, H. and Tian, K. 2013. What we can learn about the behavior of firms from the average monthly frequency of price-changes: an application to the UK CPI data. Working paper. Cardiff: Cardiff University.

2012

• Brito, P., Datta, B. and Dixon, H. 2012. The evolution of mixed conjectures in the rent-extraction game. Working paper. Cardiff: Cardiff University.
• Dixon, H. D. 2012. A unified framework for using micro-data to compare dynamic time-dependent price-setting models. The B.E. Journal of Macroeconomics 12(1) (10.1515/1935-1690.2220)
• Dixon, H. D. and Le Bihan, H. 2012. Generalised Taylor and Generalised Calvo price and wage setting: micro-evidence with macro implications. Economic Journal 122(560), pp. 532-554. (10.1111/j.1468-0297.2012.02497.x)
• Brito, P. and Dixon, H. 2012. Fiscal policy, entry and capital accumulation: hump-shaped responses. Working paper. Cardiff: Cardiff University.
• Dixon, H. and Kara, E. 2012. Taking multi-sector dynamic general equilibrium models to the data. Working paper. Cardiff: Cardiff University.
• Dixon, H. and Pourpourides, P. 2012. On imperfect competition with occasionally binding cash-in-advance constraints. Working paper. Cardiff: Cardiff University.

2011

• Dixon, H. and Le Bihan, H. 2011. Generalized Taylor and Generalized Calvo price and wage-setting: micro evidence with macro implications. Working paper. Cardiff: Cardiff University.
• Costa, L. F. and Dixon, H. D. 2011. Fiscal policy under imperfect competition with flexible prices: An overview and survey. Economics: The Open-Access, Open-Assessment E-Journal 5, article number: 2011-3. (10.5018/economics-ejournal.ja.2011-3)
• Dixon, H. D. and Kara, E. 2011. Contract length heterogeneity and the persistence of monetary shocks in a dynamic generalized Taylor economy. European Economic Review 55(2), pp. 280-292. (10.1016/j.euroecorev.2010.05.003)

2010

• Dixon, H. and Zhou, P. 2010. An empirical study on price rigidity. Working paper. Cardiff: Cardiff University.
• Brito, P., Costa, L. F. and Dixon, H. 2010. Non-smooth dynamics and multiple equilibria in a Cournot-Ramsey model with endogenous markups. Working paper. Cardiff: Cardiff University.
• Dixon, H. D. and Pourpourides, P. 2010. General equilibrium with monopolistic firms and occasionally binding cash-in-advance constraints. Working paper. Cardiff: Cardiff Business School. Available at: http://business.cardiff.ac.uk/sites/default/files/E2010_6.pdf
• Dixon, H. D. and Kara, E. 2010. Can we explain inflation persistence in a way that is consistent with the microevidence on nominal rigidity?. Journal of Money, Credit and Banking 42(1), pp. 151-170. (10.1111/j.1538-4616.2009.00282.x)

2009

• Dixon, H. D. and Siciliani, L. 2009. Waiting-time targets in the healthcare sector: how long are we waiting?. Journal of Health Economics 28(6), pp. 1081-1098. (10.1016/j.jhealeco.2009.09.003)
• Brito, P. and Dixon, H. D. 2009. Entry and the accumulation of capital: A two state variable extension to the Ramsey model. International Journal of Economic Theory 5(4), pp. 333-357. (10.1111/j.1742-7363.2009.00113.x)
• Dixon, H. 2009. A unified framework for understanding and comparing dynamic wage and price setting models.. Working paper. Cardiff: Cardiff University.

2008

• Dixon, H. and Kara, E. 2008. Can we explain inflation persistence in a way that is consistent with the micro-evidence on nominal rigidity?. Working paper. Cardiff: Cardiff University.

2007

• Brito, P. and Dixon, H. 2007. Entry and the accumulation of capital: a two state-variable extension to the Ramsey model. Working paper. Cardiff: Cardiff University.
• Costa, L. F. and Dixon, H. 2007. A simple business-cycle model with shumpeterian features. Working paper. Cardiff: Cardiff University.
• Dixon, H. 2007. New Keynesian macroeconomics: entry for new Palgrave Dictionary of Economics, 2nd edition. Working paper. Cardiff: Cardiff University.
• Dixon, H. and Kara, E. 2007. Persistence and nominal inertia in a Generalized Taylor Economy: how longer contracts dominate shorter contracts. Working paper. Cardiff: Cardiff University.
• Dixon, H. D. 2007. Special issue: imperfect competition and contemporary macroeconomics. Editor's introduction [Editorial]. Portuguese Economic Journal 6(2), pp. 89-93. (10.1007/s10258-007-0026-9)

2006

• Dixon, H. D., Sbriglia, P. and Somma, E. 2006. Learning to collude: An experiment in convergence and equilibrium selection in oligopoly. Research in Economics 60(3), pp. 155-167. (10.1016/j.rie.2006.08.001)
• Dixon, H. D. and Kara, E. 2006. How to Compare Taylor and Calvo Contracts: A Comment on Michael Kiley. Journal of Money, Credit, and Banking 38(4), pp. 1119-1126. (10.1353/mcb.2006.0055)

2003

• Datta, B. and Dixon, H. D. 2003. Free Internet Access and Regulation. Journal of Institutional and Theoretical Economics JITE 159(3), pp. 594-598. (10.1628/0932456032954800)
• Datta, B. and Dixon, H. D. 2003. Free Internet Access and Regulation: A Note. Journal of Institutional and Theoretical Economics (JITE) / Zeitschrift für die gesamte Staatswissenschaft 159(3), pp. 594-598.
• Dixon, H. D. and Somma, E. 2003. The evolution of consistent conjectures. Journal of Economic Behavior & Organization 51(4), pp. 523-536. (10.1016/S0167-2681(02)00215-9)
• Dixon, H. D. and Somma, E. 2003. The evolution of consistent conjectures. Journal of Economic Behavior & Organization 51(4), pp. 523-536. (10.1016/S0167-2681(02)00215-9)
• Coto-Martinez, J. and Dixon, H. D. 2003. Profits, markups and entry: fiscal policy in an open economy. Journal of Economic Dynamics and Control 27(4), pp. 573-597. (10.1016/S0165-1889(01)00062-8)
• Aloi, M. and Dixon, H. D. 2003. Entry dynamics, demand shocks and induced productivity fluctuations. Ekonomia : The journal of the Cyprus Economic Society 6(2), pp. 115-146.

2002

• Datta, B. and Dixon, H. D. 2002. Technological Change, Entry, and Stock-Market Dynamics: An Analysis of Transition in a Monopolistic Industry. American Economic Review 92(2), pp. 231-235. (10.1257/000282802320189311)
• Jacobsen Kleven, H., Thustrup Kreiner, C. and Dixon, H. D. 2002. Dual labour markets and nominal rigidity. Oxford Economic Papers 54(4), pp. 561-583. (10.1093/oep/54.4.561)
• Dixon, H. D., Wallis, S. and Moss, S. 2002. Axelrod Meets Cournot: Oligopoly and the Evolutionary Metaphor. Computational Economics 20(3), pp. 139-156. (10.1023/A:1020922214711)

2001

• Dixon, H. D. and Easaw, J. 2001. Strategic responses to regulatory policies: What lessons can be learned from the UK contract gas market?. Review of Industrial Organization 18(4), pp. 379-396. (10.1023/A:1007835701360)
• Datta, B. and Dixon, H. D. 2001. omega-Homothetic Preferences: Theory and Applications. Scottish Journal of Political Economy 48(2), pp. 148-163. (10.1111/1467-9485.00191)
• Bennett, J. and Dixon, H. D. 2001. Monetary policy and credit in China: A theoretical analysis. Journal of Macroeconomics 23(2), pp. 297-314. (10.1016/S0164-0704(01)00166-5)

2000

• Datta, B. and Dixon, H. D. 2000. Linear-homothetic preferences. Economics Letters 69(1), pp. 55-61. (10.1016/S0165-1765(00)00262-7)
• Dixon, H. D. 2000. Keeping up with the Joneses: competition and the evolution of collusion. Journal of Economic Behavior & Organization 43(2), pp. 223-238. (10.1016/S0167-2681(00)00117-7)
• Aloi, M., Dixon, H. D. and Lloyd-Braga, T. 2000. Endogenous fluctuations in an open economy with increasing returns to scale. Journal of Economic Dynamics and Control 24(1), pp. 97-125. (10.1016/S0165-1889(98)00063-3)

1999

• Dixon, H. D. and Hansen, C. T. 1999. A mixed industrial structure magnifies the importance of menu costs. European Economic Review 43(8), pp. 1475-1499. (10.1016/S0014-2921(98)00029-4)

1998

• Dixon, H. D. 1998. Trade liberalisation and growth: An introduction. Economic Journal 108(450), pp. 1511-1512. (10.1111/1468-0297.00357)
• Dixon, H. D. 1998. Controversy: The macroeconomics of unemployment in the OECD [Editorial Note]. Economic Journal 108(448), pp. 779-781. (10.1111/1468-0297.00314)

1997

• Dixon, H. D. 1997. Controversy: The source and measurement of technical change [Editorial Note]. Economic Journal 107(444), pp. 1518-1519. (10.1111/j.1468-0297.1997.tb00062.x)
• Dixon, H. D. 1997. Controversy: Editorial note. Economic Journal 107(442), pp. 752-753. (10.1111/j.1468-0297.1997.tb00040.x)

1996

• Dixon, H. D. 1996. Controversy: Economists, the welfare state and growth: The case of Sweden [Editorial Note]. Economic Journal 106(439), pp. 1725-1726.
• Dixon, H. D. and Lawler, P. 1996. Imperfect competition and the fiscal multiplier. Scandinavian Journal of Economics 98(2), pp. 219-231.

1995

• Bennett, J. and Dixon, H. D. 1995. Macroeconomic equilibrium and reform in a transitional economy. European Economic Review 39(8), pp. 1465-1485.

1994

• Dixon, H. D. 1994. Macroeconomic price and quantity - responses with heterogeneous product markets. Oxford Economic Papers 46(3), pp. 385-402.
• Dixon, H. D. 1994. Inefficient diversification in multi-market oligopoly with diseconomies of scope. Economica 61(242), pp. 213-219.
• Dixon, H. D. and Rankin, N. 1994. Imperfect competition and macroeconomics - a survey. Oxford Economic Papers 46(2), pp. 171-199.

1992

• Dixon, H. D. 1992. Nominal wage flexibility in a partly-unionized economy. Manchester School of Economic and Social Studies 60(3), pp. 295-306. (10.1111/j.1467-9957.1992.tb00465.x)
• Dixon, H. D. 1992. The competitive outcome as the equilibrium in an Edgeworthian price-quantity model. Economic Journal 102(411), pp. 301-309.

1991

• Dixon, H. D. 1991. Macroeconomic policy in a large unionized economy. European Economic Review 35(7), pp. 1427-1448.

1990

• Dixon, H. D. 1990. Bertrand-Edgeworth equilibria when firms avoid turning customers away. Journal of Industrial Economics 39(2), pp. 131-146.
• Dixon, H. D. 1990. Imperfect competition, unemployment benefit and the nonneutrality of money - an example. Oxford Economic Papers 42(2), pp. 402-413.
• Dixon, H. D. 1990. Macroeconomic policy with a floating exchange-rate and a unionized nontraded sector. Economic Journal 100(400), pp. 78-90.

1988

• Dixon, H. D. 1988. Unions, oligopoly and the natural range of employment. Economic Journal 98(393), pp. 1127-1147.
• Dixon, H. D. 1988. Studies in business-cycle theory by Robert E. Lucas [Book Review]. Economic Journal 98(391), pp. 509-511.

1987

• Dixon, H. D. 1987. The general-theory of household and market contingent demand. Manchester School of Economics and Social Studies 55(3), pp. 287-304. (10.1111/j.1467-9957.1987.tb01303.x)
• Dixon, H. D. 1987. A simple-model of imperfect competition with Walrasian features. Oxford Economic Papers 39(1), pp. 134-160.
• Dixon, H. D. 1987. Approximate Bertrand equilibria in a replicated industry. Review of Economic Studies 54(1), pp. 47-62.

1986

• Dixon, H. D. 1986. Strategic investment with consistent conjectures. Oxford Economic Papers 38, pp. 111-128.
• Dixon, H. D. 1986. The Cournot and Bertrand outcomes as equilibria in a strategic metagame. Economic Journal 96, pp. 59-70.

1985

• Dixon, H. D. 1985. Strategic investment in an industry with a competitive product market. Journal of Industrial Economics 33(4), pp. 483-499.

1984

• Dixon, H. D. 1984. The existence of mixed-strategy equilibria in a price-setting oligopoly with convex costs. Economics Letters 16(3-4), pp. 205-212. (10.1016/0165-1765(84)90164-2)