Ron Smith

Birkbeck College

Professor of Applied Economics

Malet Street

London WC1E 7HX

United Kingdom

SCHOLARLY PAPERS

30

DOWNLOADS
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Top 12,765

in Total Papers Downloads

3,835

SSRN CITATIONS
Rank 2,470

SSRN RANKINGS

Top 2,470

in Total Papers Citations

55

CROSSREF CITATIONS

383

Scholarly Papers (30)

1.

Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing

IZA Discussion Paper No. 6618
Number of pages: 28 Posted: 16 Jun 2012
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 732 (34,772)
Citation 1

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counterfactuals, policy evaluation, macroeconomics, quantitative easing (QE), UK economic policy

Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model

ECB Working Paper No. 1239
Number of pages: 55 Posted: 17 Sep 2010
European Central Bank (ECB), University of Southern California - Department of Economics, University of York and Birkbeck College
Downloads 196 (159,388)

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Global VAR (GVAR), New Keynesian DSGE models, supply shocks, demand shocks, monetary policy shocks

Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model

CESifo Working Paper Series No. 3081
Number of pages: 53 Posted: 15 Jun 2010
European Central Bank (ECB), University of Southern California - Department of Economics, University of York and Birkbeck College
Downloads 155 (196,316)
Citation 1

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global VAR (GVAR), New Keynesian DSGE models, supply shocks, demand shocks, monetary policy shocks

3.

What If the UK Had Joined the Euro in 1999? An Empirical Evaluation Using a Global VAR

CESifo Working Paper Series No. 1477; IEPR Working Paper No. 05.24
Number of pages: 58 Posted: 11 Jun 2005
University of Southern California - Department of Economics, Birkbeck College and University of York
Downloads 349 (88,020)
Citation 3

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Global VAR (GVAR), Counterfactual Analysis, UK and Sweden entry to euro

4.

Small Sample Properties of Panel Time-Series Estimators with I(1) Errors

Birkbeck College Discussion Paper No. 3/2001, Cass Business School Research Paper
Number of pages: 32 Posted: 23 Jun 2001
Cass Business School, City University of London, University of Essex - Essex Business School and Birkbeck College
Downloads 333 (92,766)
Citation 8

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Monte Carlo, response surface, spurious regression, PPP

5.
Downloads 284 (110,312)
Citation 56

Demographic Structure and Macroeconomic Trends

Banco de Espana Working Paper No. 1528
Number of pages: 68 Posted: 05 Oct 2015
Birkbeck University of London, Birkbeck College, University of London, Birkbeck College and University of London - Birkbeck College
Downloads 207 (151,297)
Citation 60

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population age profile, medium-term, output growth, innovation, lifecycle

Demographic Structure and Macroeconomic Trends

CESifo Working Paper Series No. 5872
Number of pages: 64 Posted: 19 May 2016
Birkbeck University of London, Birkbeck College, University of London, Birkbeck College and University of London - Birkbeck College
Downloads 77 (324,534)
Citation 1

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population age profile, medium-term, output growth, innovation, life-cycle, Kuznets cycles

6.
Downloads 233 (135,333)
Citation 21

Macroeconometric Modelling with a Global Perspective

IEPR Working Paper No. 06.43, CESifo Working Paper Series No. 1659
Number of pages: 31 Posted: 20 Jan 2006
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 202 (154,808)
Citation 1

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Global VAR (GVAR), DSGE models, VARX

Macroeconometric Modelling with a Global Perspective

Manchester School, Vol. 74, No. S1, pp. 24-49, September 2006
Number of pages: 26 Posted: 17 Aug 2006
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 31 (488,793)
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7.

Unobserved Heterogeneity in Panel Time Series Models

Birkbeck College Working Paper in Economics & Finance No. 0403, Cass Business School Research Paper
Number of pages: 25 Posted: 03 Nov 2004
Cass Business School, City University of London, University of Essex - Essex Business School and Birkbeck College
Downloads 226 (139,362)
Citation 17

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Factor analysis, global shocks, latent variables, Feldstein-Horioka, PPP

8.
Downloads 215 (146,211)
Citation 7

Beyond the DSGE Straitjacket

CESifo Working Paper Series No. 3447
Number of pages: 16 Posted: 17 May 2011
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 176 (175,759)
Citation 1

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macroeconometric models, DSGE, VARs, long run theory

Beyond the DSGE Straitjacket

IZA Discussion Paper No. 5661
Number of pages: 17 Posted: 25 Apr 2011
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 39 (450,712)
Citation 1

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macroeconometric models, DSGE, VARs, long run theory

Identification of New Keynesian Phillips Curves from a Global Perspective

CESifo Working Paper Series No. 2219, IEPR Working Paper No. 08.1, ECB Working Paper No. 892
Number of pages: 41 Posted: 12 Feb 2008
European Central Bank (ECB), University of Southern California - Department of Economics, University of York and Birkbeck College
Downloads 150 (201,774)

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Global VAR (GVAR), identification, New Keynesian Phillips Curve, Trend-Cycle decomposition

Identification of New Keynesian Phillips Curves from a Global Perspective

IZA Working Paper No. 3298
Number of pages: 32 Posted: 23 May 2008
European Central Bank (ECB), University of Southern California - Department of Economics, University of York and Birkbeck College
Downloads 49 (410,216)
Citation 1

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New Keynesian Phillips Curve, identification, Global VAR (GVAR), trend-cycle decomposition

10.

Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing

CESifo Working Paper Series No. 3879
Number of pages: 27 Posted: 19 Jul 2012
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 171 (180,236)

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counterfactuals, policy evaluation, macroeconomics, quantitative easing (QE), UK economic policy

11.

The Economic Impact of Demographic Structure in OECD Countries

CESifo Working Paper Series No. 3960
Number of pages: 36 Posted: 17 Oct 2012
Yunus Aksoy, Tobias Grasl and Ron Smith
Birkbeck University of London, University of London - Birkbeck College and Birkbeck College
Downloads 122 (237,144)

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demographic changes, macroeconomic variables, business cycle

12.
Downloads 118 (243,136)
Citation 23

On Identification of Bayesian DSGE Models

IZA Discussion Paper No. 5638
Number of pages: 39 Posted: 18 Apr 2011
Gary Koop, M. Hashem Pesaran and Ron Smith
University of Strathclyde, Glasgow - Strathclyde Business School - Department of Economics, University of Southern California - Department of Economics and Birkbeck College
Downloads 60 (372,445)

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Bayesian identification, DSGE models, posterior updating, New Keynesian Phillips Curve

On Identification of Bayesian DSGE Models

CESifo Working Paper Series No. 3423
Number of pages: 38 Posted: 27 Apr 2011
Gary Koop, M. Hashem Pesaran and Ron Smith
University of Strathclyde, Glasgow - Strathclyde Business School - Department of Economics, University of Southern California - Department of Economics and Birkbeck College
Downloads 58 (378,842)
Citation 4

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Bayesian identification, DSGE models, posterior updating, New Keynesian Phillips Curve

13.

Pairwise Tests of Purchasing Power Parity Using Aggregate and Disaggregate Price Measures

CESifo Working Paper Series No. 1704
Number of pages: 21 Posted: 11 May 2006
University of Southern California - Department of Economics, Birkbeck College, University of Cambridge - Faculty of Economics and Politics and Ludwig Maximilian University of Munich (LMU) - Munich Graduate School of Economics (MGSE)
Downloads 104 (265,813)
Citation 1

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purchasing power parity, panel data, pairwise approach, cross section dependence

Tests of Policy Ineffectiveness in Macroeconometrics

CAFE Research Paper No. 14.07
Number of pages: 39 Posted: 16 Jun 2014
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 57 (382,266)

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Counterfactuals, policy analysis, policy ineffectiveness test, macroeconomics

Tests of Policy Ineffectiveness in Macroeconometrics

CESifo Working Paper Series No. 4871
Number of pages: 39 Posted: 23 Jul 2014
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 45 (425,520)

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counterfactuals, policy analysis, policy ineffectiveness test, macroeconomics

Signs of Impact Effects in Time Series Regression Models

CAFE Research Paper No. 13.22
Number of pages: 9 Posted: 10 Oct 2013
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 51 (402,959)

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Regression coefficients, Impact effects

Signs of Impact Effects in Time Series Regression Models

CESifo Working Paper Series No. 4433
Number of pages: 10 Posted: 25 Oct 2013
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 49 (410,216)

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regression coefficients, impact effects

Posterior Means and Precisions of the Coefficients in Linear Models with Highly Collinear Regressors

USC-INET Research Paper No. 17-34
Number of pages: 24 Posted: 28 Nov 2017
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 22 (542,773)
Citation 1

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Bayesian identification, multicollinear regressions, weakly identified regression coefficients, highly collinear regressors

Posterior Means and Precisions of the Coefficients in Linear Models with Highly Collinear Regressors

CESifo Working Paper Series No. 6785
Number of pages: 25 Posted: 08 Feb 2018
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 17 (576,154)

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Bayesian Identification, Multicollinear Regressions, Weakly Identified Regression Coefficients, Highly Collinear Regressors

17.

The Role of Factor Strength and Pricing Errors for Estimation and Inference in Asset Pricing Models

CESifo Working Paper No. 7919
Number of pages: 44 Posted: 27 Nov 2019
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 36 (453,772)

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arbitrage pricing theory, APT, factor strength, identification of risk premia, two-pass regressions, Fama-French factors

18.
Downloads 27 (496,791)
Citation 36

Structural Analysis of Cointegrating Vars

Journal of Economic Surveys, Vol. 12, pp. 471-505, December 1998
Number of pages: 35 Posted: 08 May 2006
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 27 (511,171)
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Structural Analysis of Cointegrating Vars

Journal of Economic Surveys, Vol. 12, Issue 5, pp. 471-505, 1998
Number of pages: 35 Posted: 13 Sep 2012
Ron Smith and M. Hashem Pesaran
Birkbeck College and University of Southern California - Department of Economics
Downloads 0
Citation 3
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19.

Peter Kennedy's Sinning in the Basement: A Comment

Journal of Economic Surveys, Vol. 16, pp. 611-613, 2002
Number of pages: 3 Posted: 14 May 2003
Ron Smith
Birkbeck College
Downloads 27 (496,791)
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20.

Global Factors, Unemployment Adjustment and the Natural Rate

Economics: The Open-Access, Open-Assessment E-Journal, Vol. 2, 2008-22
Number of pages: 30 Posted: 18 Dec 2010
Ron Smith and Gylfi Zoega
Birkbeck College and University of Iceland
Downloads 25 (507,918)

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Unemployment dynamics, labour market institutions investment, principal components, global factors

21.

A Bayesian Analysis of Linear Regression Models with Highly Collinear Regressors

USC-INET Research Paper No. 18-17 (Revised)
Number of pages: 30 Posted: 11 Oct 2018
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 20 (537,197)
Citation 1

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Bayesian Identification, Multicollinear Regressions, Weakly Identified Regression Coefficients, Highly Collinear Regressors.

22.

Medium-Run Implications of Changing Demographic Structures for the Macro-Economy

National Institute Economic Review 241 (1), pp. R58-R64, August 2017
Number of pages: 11 Posted: 11 Sep 2018 Last Revised: 01 Oct 2018
Birkbeck University of London, Birkbeck College, University of London and Birkbeck College
Downloads 15 (567,654)

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23.

Disability and Multi-Dimensional Quality of Life: A Capability Approach to Health Status Assessment

IZA Discussion Paper No. 12686
Number of pages: 35 Posted: 28 Oct 2019
The Open University - Department of Economics, University of Oxford - Health Economics Research Centre (HERC), University of York - Department of Economics and Related Studies and Birkbeck College
Downloads 6 (626,588)

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mobility impairment, disability, capabilities, health, Sen, extra-welfarism

24.

Constructing Multi‐Country Rational Expectations Models

Oxford Bulletin of Economics and Statistics, Vol. 76, Issue 6, pp. 812-840, 2014
Number of pages: 29 Posted: 28 Oct 2014
European Central Bank (ECB), University of Southern California - Department of Economics, University of York and Birkbeck College
Downloads 1 (669,877)
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25.

Tests of Policy Interventions in DSGE Models

Oxford Bulletin of Economics and Statistics, Vol. 80, Issue 3, pp. 457-484, 2018
Number of pages: 28 Posted: 08 May 2018
M. Hashem Pesaran and Ron Smith
University of Southern California - Department of Economics and Birkbeck College
Downloads 0 (686,947)
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26.

Managing Asymmetric Conflict

Oxford Economic Papers, Vol. 58, No. 2, pp. 183-208, 2006
Posted: 29 Feb 2008
University of the West of England, University of Kent, Canterbury, School of Economics, University of Surrey and Birkbeck College

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27.

Models of Military Expenditure and Growth: A Critical Review

Defence and Peace Economics, Vol. 16, pp. 449-461, 2005
Posted: 24 Jan 2006
University of the West of England, Birkbeck College and University of Sussex - Institute of Development Studies

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Military expenditure, Defence spending, Growth

28.

The Prisoners' Dilemma and Regime-Switching in the Greek-Turkish Arms Race

Journal of Peace Research, Vol. 37, pp. 737-750, 2000
Posted: 07 Dec 2004
Ron Smith, Martín Sola and Fabio Spagnolo
Birkbeck College, Universidad Torcuato Di Tella and Brunel University London - Economics and Finance

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29.

The Arms Trade Game: From Laissez-Faire to a Common Defence Policy

Oxford Economic Papers, Vol. 52, Issue 2, pp. 357-380
Posted: 30 Jul 2000
Paul Levine and Ron Smith
School of Economics, University of Surrey and Birkbeck College

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30.

Saving, Investment and Capital Mobility in Ldcs

Review of International Economics, January 29, 1998
Posted: 16 Feb 1998
Jerry Coakley, Farida Hasan and Ron Smith
University of Essex - Essex Business School, Primark Decision Economics and Birkbeck College

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