Journal of Economic Studies: Volume 23 Issue 1

Income and commodity taxes in a two‐good, two‐period model with heterogeneous preferences

John Creedy

Explores tax structures in a two‐period, two‐good model, allowing for endogenous labour supplies. The model includes the specification of a joint distribution of wage rates facing…

Exports and industrial growth: a new framework and evidence

Evangelos N. Charos, Evangelos Otto Simos, Allen R. Thompson

Surveys the literature on the role of exports in economic growth and provides additional qualifications concerning the measurement of the different channels through which exports…

The stock market reaction to dividend announcements: A UK study of complex market signals

A.A. Lonie, G. Abeyratna, D.M. Power, C.D. Sinclair

Investigates the stock market response to interactive dividend and earnings announcements by a sample of 620 UK companies over the period January to June 1991. First, examines the…

Competing schools of thought in macroeconomics ‐ an ever‐emerging consensus?

Bill Gerrard

Using recent literature, examines developments in seven macroeconomic schools of thought: orthodox Keynesian, monetarist, new classical, real business cycle theory, new Keynesian…