Andrew J. Hughes

Cardiff Business School

Professor

Aberconway Building

Cardiff CF10 3EU

United Kingdom

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

Vanderbilt University - College of Arts and Science - Department of Economics

Visiting Professor

Box 1819 Station B

Nashville, TN 37235

United States

  • Cardiff Business School

    • Email
    • Tel: +44 292 087 001

  • Vanderbilt University - College of Arts and Science - Department of Economics

    • Email
    • Tel: 615-322-8539
    • Fax: 615-343-8495
SCHOLARLY PAPERS

27

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510

SSRN CITATIONS
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Top 24,218

in Total Papers Citations

4

CROSSREF CITATIONS

42

Scholarly Papers (27)

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1.

Post-Thatcher Fiscal Strategies in the U.K.: An Interpretation

Number of pages: 35 Posted: 10 Jan 2005
Andrew J. Hughes
Cardiff Business School
Downloads 121 (391,837)

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Stackelberg leadership, policy complementarity, institutional coordination

2.

Dynamic Controllability with Overlapping Targets: A Generalization of the Tinbergen-Nash Theory of Economic Policy

FEEM Working Paper No. 130.05
Number of pages: 19 Posted: 16 Nov 2005
Giovanni Di Bartolomeo, Nicola Acocella and Andrew J. Hughes
Sapienza University of Rome, Department of Economics and Law, Sapienza University of Rome - Department of Methods and Models for Economics, Territory and Finance (MEMOTEF) and Cardiff Business School
Downloads 105 (434,076)
Citation 1

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Policy games, Policy ineffectiveness, Static controllability, Existence of equilibria, Nash feedback equilibrium

3.

Time Varying Cyclical Analysis for Economies in Transition

CASE Network Studies and Analyses No. 334
Number of pages: 21 Posted: 23 Jul 2009
Andrew J. Hughes and Christian R. Richter
Cardiff Business School and Loughborough University - Department of Economics
Downloads 30 (792,217)

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time-frequency analysis, coherence, growth rates, business cycle

4.

Government Leadership and Central Bank Design

Number of pages: 29 Posted: 18 Jul 2002
Andrew J. Hughes and Diana N. Weymark
Cardiff Business School and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 27 (816,494)
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Central bank independence, monetary policy delegation, policy coordination, policy game, policy leadership

5.

In Praise of Fiscal Restraint and Debt Rules. What the Euro Zone Might Do Now

CEPR Discussion Paper No. 5043
Number of pages: 43 Posted: 15 Sep 2005
Andrew J. Hughes
Cardiff Business School
Downloads 25 (833,660)
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Stackelberg leadership, institutional coordination, debt rule, soft targets

6.

Central Bank Independence, Accountability and Transparency: Complements or Strategic Substitutes?

CEPR Discussion Paper No. 5470
Number of pages: 42 Posted: 03 May 2006
Andrew J. Hughes and Jan Libich
Cardiff Business School and La Trobe University - Business School
Downloads 24 (842,475)
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Inflation targeting, central bank independence, transparency, accountability, monitoring

7.

Labour and Product Market Reforms in the Economy with Distortionary Taxation

CEPR Discussion Paper No. 5431
Number of pages: 31 Posted: 11 Apr 2006
Andrew J. Hughes and Nikola Bokan
Cardiff Business School and University of St. Andrews - Centre for Dynamic Macroeconomic Analysis (CDMA)
Downloads 23 (851,388)
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Structural reform, wage bargains, short vs. long runs substitutability

8.

The Cost of Heterogeneity in a Monetary Union

Number of pages: 39 Posted: 19 Mar 2002
Andrew J. Hughes and Diana N. Weymark
Cardiff Business School and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 23 (851,388)
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Transmission asymmetries, preference asymmetries, EMU, currency union, central bank independence

9.

Central Bank Transparency in Theory and Practice

Number of pages: 37 Posted: 13 Dec 2002
Maria Demertzis and Andrew J. Hughes
Bruegel and Cardiff Business School
Downloads 21 (869,901)
Citation 2
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Central bank, economic and political transparency, inflation, output gap performance

10.

Independence Before Conservatism: Transparency, Politics and Central Bank Design

Number of pages: 25 Posted: 28 May 2002
Andrew J. Hughes and Diana N. Weymark
Cardiff Business School and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 20 (879,226)
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Central bank independence, central bank conservatism, monetary policy delegation, credibility, flexible response, transparency, policy coherence

11.

Forming Rational Expectations and When it is Right to Be 'Wrong'

CEPR Discussion Paper No. 5042
Number of pages: 16 Posted: 15 Sep 2005
Maria Demertzis and Andrew J. Hughes
Bruegel and Cardiff Business School
Downloads 17 (908,343)
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Central bank preference uncertainty, certainty equivalence, rational expectations

12.

Hansa vs. Habsburg: Debt, Deficits and the Entry of Accession Countries into the Euro

Number of pages: 45 Posted: 08 Sep 2004
Andrew J. Hughes and John Lewis
Cardiff Business School and De Nederlandsche Bank - Econometric Research and Special Studies
Downloads 17 (908,343)
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Convergence, monetary union, subsidarity, fiscal policy, debt

13.

Labor Market Reform and Monetary Policy in Emu: Do Asymmetries Matter?

Number of pages: 26 Posted: 23 Oct 2001
Andrew J. Hughes and Nicola Viegi
Cardiff Business School and University of Pretoria - Department of Economics
Downloads 17 (908,343)
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Monetary union, labor market institutions, asymmetries

14.

A Time-Frequency Analysis of the Coherences of the Us Business Cycle and the European Business Cycle

Number of pages: 46 Posted: 08 Feb 2005
Andrew J. Hughes and Christian R. Richter
Cardiff Business School and Loughborough University - Department of Economics
Downloads 14 (938,141)
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Time-frequency analysis, coherence, growth rates, business cycle

15.

Three Models of Imperfect Transparency in Monetary Policy

Number of pages: 32 Posted: 06 Jan 2004
Maria Demertzis and Andrew J. Hughes
Bruegel and Cardiff Business School
Downloads 14 (938,141)
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Imperfect transparency, ambiguity, rational inattention, independent monetary policies

16.

Early Warning or Just Wise after the Event? The Problem of Using Cyclically Adjusted Budget Deficits for Fiscal Surveillance

CEPR Discussion Paper No. DP6213
Number of pages: 43 Posted: 21 May 2008
Andrew J. Hughes, Rasmus Kattai and John Lewis
Cardiff Business School, affiliation not provided to SSRN and De Nederlandsche Bank - Econometric Research and Special Studies
Downloads 5 (1,018,717)
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Cyclically Adjusted Budget Deficits, False and Missed Alarms, Potential Output, Real Time Data

17.

When Can Central Banks Anchor Expectations? Policy Communication and Controllability

CEPR Discussion Paper No. DP7078
Number of pages: 21 Posted: 17 Feb 2009
Nicola Acocella, Giovanni Di Bartolomeo and Andrew J. Hughes
Sapienza University of Rome - Department of Methods and Models for Economics, Territory and Finance (MEMOTEF), University of Teramo and Cardiff Business School
Downloads 3 (1,032,037)
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controllability, fiscal policy, monetary policy, policy neutrality, Rational expectations

18.

Did Fiscal Policy Makers Know What They Were Doing? Reassessing Fiscal Policy with Real Time Data

CEPR Discussion Paper No. DP6758
Number of pages: 35 Posted: 10 Jun 2008
Kerstin Bernoth, Andrew J. Hughes and John Lewis
German Institute for Economic Research (DIW Berlin), Cardiff Business School and De Nederlandsche Bank - Econometric Research and Special Studies
Downloads 2 (1,038,713)
Citation 2
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Discretion, Fiscal Policy, Real Time Data

19.

Monetary and Fiscal Policy Interaction with Various Degrees and Types of Commitment

CEPR Discussion Paper No. DP6586
Number of pages: 41 Posted: 06 Jun 2008
Andrew J. Hughes, Jan Libich and Petr Stehlík
Cardiff Business School, La Trobe University - Business School and University of West Bohemia
Downloads 2 (1,038,713)
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asynchronous moves, Battle of sexes, commitment, Game of chicken, inflation targeting, monetary-fiscal interactions

20.

The Single Currency and Labour Market Flexibility: A Necessary Partnership?

Posted: 24 Nov 2000
Maria Demertzis, Yue Ma and Andrew J. Hughes
Bruegel, City University of Hong Kong (CityU) - Department of Economics & Finance and Cardiff Business School

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21.

Emu in Reality: The Effect of a Common Monetary Policy on Economies with Different Transmission Mechanisms

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Emu in Reality: The Effect of a Common Monetary Policy on Economies with Different Transmission Mechanisms

CEPR Discussion Paper Series No. 2068
Posted: 21 May 1999
Andrew J. Hughes and Laura Piscitelli
Cardiff Business School and Bank of England - Monetary Analysis Division

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Emu in Reality: The Effect of a Common Monetary Policy on Economies with Different Transmission Mechanisms

CEPR Discussion Paper Series No. 2068
Posted: 09 Jun 1999
Andrew J. Hughes and Laura Piscitelli
Cardiff Business School and Bank of England - Monetary Analysis Division

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22.

Emu and the External Value of the Euro

CEPR Working Paper No. 2058
Posted: 27 Apr 1999
Andrew J. Hughes and Maria Demertzis
Cardiff Business School and Bruegel

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23.

The Impact of Exchange Rate Uncertainty on the Level of Investment

CEPR Discussion Paper Series No. 1896
Posted: 23 Dec 1998
Julia Darby, Andrew J. Hughes, Jonathon Ireland and Laura Piscitelli
University of Strathclyde, Glasgow - Strathclyde Business School - Department of Economics, Cardiff Business School, University of Strathclyde and Bank of England - Monetary Analysis Division

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24.

Large Scale Fiscal Retrenchments: Long-Run Lessons from the Stability Pact

CEPR Discussion Paper Series No. 1843
Posted: 06 Aug 1998
Andrew J. Hughes and Peter McAdam
Cardiff Business School and European Central Bank (ECB)

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25.

Independently Blue? Accountability and Independence in the New European Central Bank

CEPR Discussion Paper Series Number 1842
Posted: 15 Jul 1998
Maria Demertzis, Andrew J. Hughes and Nicola Viegi
Bruegel, Cardiff Business School and University of Pretoria - Department of Economics

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26.

Is a Two-Speed System in Europe the Answer to the Conflict between the German and the Anglo-Saxon Models of Monetary Control?

CEPR Discussion Paper Series No. 1481
Posted: 24 Mar 1997
Andrew J. Hughes, Ole Rummel and Maria Demertzis
Cardiff Business School, South East Asian Central Banks (SEACEN) Research and Training Centre and Bruegel

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27.

Four Essays and a Funeral: Budgetary Arithmetic Under the Maastricht Treaty

CEPR Discussion Paper Series No. 1755
Posted: 13 Mar 1997
Andrew J. Hughes and Peter McAdam
Cardiff Business School and European Central Bank (ECB)

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