We examine potential nonlinear behaviour in the conduct of monetary policy by the Bank of England. We find significant nonlinearity in this policy setting, and in particular that the standard Taylor rule really only begins to bite once expected inflation is significantly above its target. This...

We examine potential nonlinear behaviour in the conduct of monetary policy by the Bank of England. We find significant nonlinearity in this policy setting, and in particular that the standard Taylor rule really only begins to bite once expected inflation is significantly above its target. This...

This paper examines in a non-parametric setup whether a long-run relationship exists between monetary fundamentals and the dollar spot exchange rates for 19 countries. Although the Johansen's parametric approach failed to retrieve a long-relationship for any of the countries considered, the...

Purpose: The purpose of this paper is to use the game theory combined with Monte Carlo simulation modelling to support the analysis of different retail marketing strategies, in particular, using payoff matrices for modelling the likely outcomes from different retail marketing strategies....

We introduce and summarize the results of nine empirical studies that make up this special issue on agricultural economics. The research includes studies applied to the US, Bangladesh, Northern Ireland, Germany, Poland, Taiwan, Tunisia and Italy.