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Professor Guglielmo Maria Caporale
Divisional Lead / Professor - Economics & Econometrics
Marie Jahoda 251
- Email: guglielmo-maria.caporale@brunel.ac.uk
- Tel: +44 (0)1895 266713
Caporale, GM., Hristov, K., Miller, J., Nenovsky, N. and Petrov, B. (2002) 'Reforming the banking system in Bulgaria', in Sevic, Z. (ed.) Banking Reforms in South-East Europe. Edward Elgar, Cheltenham, UK. pp. 219 - 239.
Caporale, GM., Chui, M., Hall, SG. and Henry, SGB. (2002) 'Modelling economic policy responses with an application to the G3'. Annales d' Economie et de Statistique, 67/68. pp. 415 - 433.
Caporale, GM. and Haq, MF. (2002) 'Manufacturing wage differentials and employment in some Scandinavian countries, the US and the UK: an analysis of variance approach'. Empirica, 29 (4). pp. 289 - 304. ISSN: 0340-8744
Caporale, GM. and Cipollini, A. (2002) 'The euro and monetary policy transparency'. Eastern Economic Journal, 28 (1). pp. 59 - 70. ISSN: 0094-5056
Caporale, GM., Pittis, N. and Spagnolo, N. (2002) 'Testing for causality-in-variance: an application to the East Asian markets'. International Journal of Finance and Economics, 7 (3). pp. 235 - 245. ISSN: 1076-9307
Caporale, GM. and Pittis, N. (2002) 'Unit roots versus other types of time heterogeneity, parameter time dependence and superexogeneity'. Journal of Forecasting, 21 (3). pp. 207 - 223. ISSN: 0277-6693
Caporale, GM. and Williams, G. (2002) 'Long-term nominal interest rates and domestic fundamentals'. Review of Financial Economics, 11 (2). pp. 119 - 130. ISSN: 1058-3300
Caporale, GM. and Gil-Alana, LA. (2002) 'Fractional integration and mean reversion in stock prices'. Quarterly Review of Economics and Finance, 42 (3). pp. 599 - 609. ISSN: 1062-9769
Arestis, P., Caporale, GM. and Cipollini, A. (2002) 'Does inflation targeting affect the trade-off between output gap and inflation variability?'. Manchester School, 70 (4). pp. 528 - 545. ISSN: 1463-6786
Caporale, GM., Katsimi, M. and Pittis, N. (2002) 'Causality links between consumer and producer prices: Some empirical evidence'. Southern Economic Journal, 68 (3). pp. 703 - 711. ISSN: 0038-4038
Caporale, GM., Hall, SG., Urga, G. and Williams, G. (2001) 'Aggregate money demand functions in five industrial countries: are they cointegrated?'. Estudos Econômicos, 31 (2). pp. 395 - 423. ISSN: 0101-4161
Caporale, GM., Kalyvitis, S. and Pittis, N. (2001) 'Testing for PPP and UIP in a FIML framework: some evidence for Germany and Japan'. Journal of Policy Modeling, 23 (6). pp. 637 - 650. ISSN: 0161-8938
Boyd, D., Caporale, GM. and Smith, R. (2001) 'Real exchange rate effects on the balance of trade: Cointegration and the Marshall-Lerner condition'. International Journal of Finance and Economics, 6 (3). pp. 187 - 200. ISSN: 1076-9307
Caporale, GM. and Pittis, N. (2001) 'Revisiting the long-run relationship between real exchange rates and real interest differentials: a productivity differential approach'. Ekonomia, 5 (2). pp. 155 - 177. ISSN: 1025-5508
Caporale, GM. and Pittis, N. (2001) 'Parameter instability, superexogeneity and the monetary model of the exchange rate'. Review of World Economics, 137 (3). pp. 501 - 524. ISSN: 1610-2878
Barassi, M., Caporale, GM. and Hall, S. (2001) 'Irreducibility and structural cointegrating relations: an application to the G-7 long-term interest rates'. International Journal of Finance and Economics, 6 (2). pp. 127 - 138. ISSN: 1076-9307
Caporale, GM., Haq, MF. and Pearlman, J. (2001) 'Determinants of productivity growth: some international evidence'. Estudos Econômicos, 31 (3). pp. 587 - 602. ISSN: 0101-4161
Caporale, GM. and Pittis, N. (2001) 'Persistence in macroeconomic time series: is it a model invariant property?'. Revista de Economía del Rosario, 4 (2). pp. 117 - 142. ISSN: 0123-5362
Caporale, GM., Chui, M., Hall, SG. and Henry, SGB. (2001) 'Coordination and price shocks: an empirical analysis'. Economic Modelling, 18 (4). pp. 569 - 584. ISSN: 0264-9993
Caporale, GM. and Williams, G. (2001) 'Bond Markets and Macroeconomic Performance'. Zagreb International Review of Economics and Business, 4 (1). pp. 27 - 44.
Caporale, GM. and Williams, G. (2001) 'Monetary policy and financial liberalization: the case of United Kingdom consumption'. Journal of Macroeconomics, 23 (2). pp. 177 - 197. ISSN: 0164-0704
Caporale, GM. and Howells, P. (2001) 'Money, credit and spending: Drawing causal inferences'. Scottish Journal of Political Economy, 48 (5). pp. 547 - 557. ISSN: 0036-9292
Caporale, GM. and Williams, G. (2000) 'International Linkages in Short- and Long-Term Interest Rates'. Zagreb International Review of Economics and Business, 3 (2). pp. 39 - 61.
Caporale, GM. and Pittis, N. (1999) 'Efficient estimation of cointegrating vectors and testing for causality in vector autoregressions'. Journal of Economic Surveys, 13 (1). pp. 30 - 35. ISSN: 0950-0804
Caporale, GM., Pittis, N. and Prodromidis, K. (1999) 'Is Europe an optimum currency area? Business cycles in the EU'. Journal of Economic Integration, 14 (2). pp. 169 - 202. ISSN: 1225-651X
Caporale, GM. and Pittis, N. (1999) 'Unit root testing using covariates: some theory and evidence'. Oxford Bulletin of Economics and Statistics, 61 (4). pp. 583 - 595. ISSN: 0305-9049
Caporale, GM. and Chui, MKF. (1999) 'Estimating income and price elasticities of trade in a cointegration framework'. Review of International Economics, 7 (2). pp. 254 - 264. ISSN: 0965-7576
Caporale, GM. and Pittis, N. (1998) 'Cointegration and predictability of asset prices'. Journal of International Money and Finance, 17 (3). pp. 441 - 453. ISSN: 0261-5606
Caporale, GM. and Henry, SGB. (1998) 'The gains from international policy coordination'. Economic Outlook, 22 (2). pp. 4 - 9. ISSN: 0140-489X
Caporale, GM., Hassapis, C. and Pittis, N. (1998) 'Unit roots and long-run causality: Investigating the relationship between output, money and interest rates'. Economic Modelling, 15 (1). pp. 91 - 112. ISSN: 0264-9993
Caporale, GM. and Pittis, N. (1998) 'Term structure and interest differentials as predictors of future inflation changes and inflation differentials'. Applied Financial Economics, 8 (6). pp. 615 - 625. ISSN: 0960-3107
Caporale, GM., Hassapis, C. and Pittis, N. (1998) 'Conditional Leptokurtosis and Non-Linear Dependence in Exchange Rate Returns'. Journal of Policy Modeling, 20 (5). pp. 581 - 601. ISSN: 0161-8938
Caporale, GM. and Williams, G. (1998) 'Can interest rate policy be independent?'. Economic Outlook, 22 (4). pp. 10 - 15. ISSN: 0140-489X
Caporale, GM. and Pittis, N. (1997) 'Sterling's relationship with the Deutschemark: a probabilistic reduction approach', in Karadeloglou, P. (ed.) Exchange Rate Policy in Europe. MacMillan, London. pp. 45 - 59.
Caporale, GM. (1997) 'Some stochastic implications of the government's budget constraint: an empirical analysis', in Capros, P. and Meulders, D. (eds.) Budgetary Policy Modelling. Routledge, London. pp. 78 - 101.
Barrell, R., Caporale, GM., Hall, S. and Garratt, A. (1997) 'Learning about Monetary Union: An analysis of bounded rational learning in European labor markets'. Journal of Policy Modeling, 19 (5). pp. 469 - 489. ISSN: 0161-8938
Caporale, GM. (1997) 'Sectoral shocks and business cycles: A disaggregated analysis of output fluctuations in the UK'. Applied Economics, 29 (11). pp. 1477 - 1482. ISSN: 0003-6846
Caporale, GM. and Pittis, N. (1997) 'Domestic and external factors in interest rate determination'. Applied Financial Economics, 7 (5). pp. 465 - 471. ISSN: 0960-3107
Caporale, GM. (1997) 'Common features and output fluctuations in the United Kingdom'. Economic Modelling, 14 (1). pp. 1 - 9. ISSN: 0264-9993
Caporale, GM. and Pittis, N. (1997) 'Causality and forecasting in incomplete systems'. Journal of Forecasting, 16 (6). pp. 425 - 437. ISSN: 0277-6693
Caporale, GM. and Pittis, N. (1996) 'Testing for unbiasedness of term structure and interest differentials as predictors of future inflation changes and inflation differentials'. Canadian Journal of Economics / Revue Canadienne d'Économique, 29. pp. S565 - S569. ISSN: 0008-4085
Caporale, GM., Kalyvitis, S. and Pittis, N. (1996) 'Interest rate convergence, capital controls, risk premia and foreign exchange market efficiency in the EMS'. Journal of Macroeconomics, 18 (4). pp. 693 - 714. ISSN: 0164-0704
Caporale, GM. (1996) 'Testing for superexogeneity of wage equations'. Applied Economics, 28 (6). pp. 663 - 672. ISSN: 0003-6846
Caporale, GM. and Pittis, N. (1996) 'Modelling the sterling-deutschmark exchange rate: Non-linear dependence and thick tails'. Economic Modelling, 13 (1). pp. 1 - 14. ISSN: 0264-9993
Caporale, GM. and Pittis, N. (1995) 'Interest rate linkages within the European monetary system: An alternative interpretation'. Applied Economics Letters, 2 (2). pp. 45 - 47. ISSN: 1350-4851
Caporale, GM. and Pittis, N. (1995) 'Inflation convergence in the EMS:some additional evidence - A reply'. Review of World Economics, 131 (3). pp. 587 - 593. ISSN: 1610-2878
Caporale, GM., Hassapis, C. and Pittis, N. (1995) 'Excess returns in the EMS: do 'weak' currencies still exist after the widening of the fluctuation bands?'. Review of World Economics, 131 (2). pp. 326 - 338. ISSN: 1610-2878
Caporale, GM. (1995) 'Bubble finance and debt sustainability: a test of the government's intertemporal budget constraint'. Applied Economics, 27 (12). pp. 1135 - 1143. ISSN: 0003-6846
Caporale, GM. and Pittis, N. (1995) 'Nominal exchange rate regimes and the stochastic behavior of real variables'. Journal of International Money and Finance, 14 (3). pp. 395 - 415. ISSN: 0261-5606
Barrell, R., Caporale, GM., Hall, SG. and Garratt, A. (1994) 'Learning about monetary union: an analysis of bounded rational learning in European labour markets', in Hall, SG. (ed.) Applied Economic Forecasting Techniques. Harvester Wheatsheaf, London. pp. 173-190 - 173-190.
Barrell, R., Caporale, GM. and Sefton, J. (1994) 'Prospects for European unemployment', in Michie, J. and Grieve Smith, J. (eds.) Unemployment in Europe. Academic Press, Cambridge. pp. 32 - 44.