Working paper Versions of Forthcoming Papers
These are all the original versions of the papers, and differ somewhat from the versions that will be published.
Fielding, D. and Stracca, L. (2007) "Myopic Loss Aversion, Disappointment Aversion, and the Equity Premium Puzzle," Journal of Economic Behavior and Organisation (forthcoming) [ECB discussion paper version]
Fielding, D. and Mavrotas, G. (2007) "The Volatility of Aid," Economica (forthcoming) [UNU-WIDER discussion paper version]
Fielding, D. and Mizen, P. (2007) "Evidence on the Functional Relationship Between Relative Price Variability and Inflation with Implications for Monetary Policy," Economica (forthcoming) [EUI discussion paper version]
Fielding, D. and Torres, S. (2007) "Health, Wealth, Fertility, Education and Inequality," Review of Development Economics (forthcoming) [Otago discussion paper version] |
Aid and Social and Economic Development
This work is joint with Stephen Knowles, Mark McGillivray at UNU-WIDER and Seb Torres at the University of Leicester. We're looking at how to model different dimensions of social and economic development simultaneously, and to capture the impact of foreign aid on these development indicators. We're also trying to improve on existing estimates of the impact of political institutions on economic growth. Some of our recent working papers are:
A Wider Approach to Aid Effectiveness: Correlated Impacts on Health, Wealth, Fertility and Education [PDF]
Cows and Conquistadors: a Comment on the Colonial Origins of Comparative Development [PDF]
Measuring Aid Effectively in Tests of Aid Effectiveness [PDF]
These papers use cross-section and panel data to model the interactions between social and economic dimensions of development. I've explored similar concepts using Nordic time-series data (with Kalvinder Shields at Melbourne University):
Exploring the Dynamic Interaction between Income and Health: Time-Series Evidence from Scandinavia [PDF]
Finally, click here for a copy of my inaugural professorial lecture on aid and development and here for my article in the forthcoming second edition of the New Palgrave Dictionary of Economics: "Fiscal and monetary polices in developing countries". (You'll have to register on the Palgrave Macmillan website for access to the article.)
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The Economics of Violent Conflict
This is joint work with Anja Shortland at Brunel University and Madeline Penny at Oxford University. We're looking at the drivers of violent conflict in the Middle East. We have one paper on insurgency and counter-insurgency in Egypt:
'An Eye for an Eye, a Tooth for a Tooth,' A Study of Political Violence and Counter-insurgency in Egypt [PDF]
and another on support for the Arab-Israeli peace process:
What Causes Changes in Opinion about the Israeli-Palestinian Peace Process? [PDF]
We're also looking at the links between conflict intensity and tourism in Egypt and Israel. We already have some results for Israel in:
Are Americans More Gung-Ho than Europeans? Some Evidence from Tourism in Israel During the Intifada [PDF]
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Monetary Policy
My research on the CFA Franc Zone is still chugging on after 15 years. Most recently, I have a working paper with Kevin Lee at the University of Leicester and Kalvinder Shields at Melbourne University that looks at macroeconomic interactions between the different members of the West African Economic and Monetary Union:
Modelling Macroeconomic Linkages in a Monetary Union: A West African Example [PDF]
You might also want to take a look at the book on the CFA Franc Zone that I've just finished editing.
Kal and I are also investigating the impact of monetary policy on disaggregated prices - disaggregating by region and by income group, to see if there are any notable asymmetries in the effect of monetary policy on different sorts of people. Our most recent paper is:
Regional Asymmetries in the Impact of Monetary Policy Shocks on Prices: Evidence from US Cities [PDF] |
