Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 263171
Loughborough University

Loughborough University Research Publications


Publications for Paul Turner

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Journal Articles

Turner, P and Wood, J (2020) New perspectives on Henry Ludwell Moore's use of harmonic analysis, Journal of the History of Economic Thought, 42(4), pp.507-520, ISSN: 1053-8372. DOI: 10.1017/S1053837219000518.

Turner, P (2019) Critical values for the Durbin-Watson test in large samples, Applied Economics Letters, 27(18), pp.1495-1499, ISSN: 1350-4851. DOI: 10.1080/13504851.2019.1691711.

Shaheen, R and Turner, P (2019) Fiscal multipliers and the level of economic activity: a structural threshold VAR model for the UK, Applied Economics, 52(17), pp.1857-1865, ISSN: 0003-6846. DOI: 10.1080/00036846.2019.1679347.

Turner, P (2018) Price-cost mark-ups in UK industry, Applied Economics Letters, ISSN: 1350-4851. DOI: 10.1080/13504851.2018.1430328.

Yan, M, Zhang, D, Hall, MJB, Turner, P (2017) How liquid are banks: Some evidence from the United Kingdom, Journal of Banking Regulation, 18(2), pp.163-179, ISSN: 1745-6452. DOI: 10.1057/jbr.2016.3.

Turner, P and Wood, J (2017) Nonlinear exchange rate pass-through in industrial economies, Applied Economics, 49(4), pp.397-402, ISSN: 0003-6846. DOI: 10.1080/00036846.2016.1197374.

Turner, P and Wood, J (2014) Teaching the multiplier: the value of a quantitative approach, International Review of Economics Education, 16(PB), pp.147-155, ISSN: 1477-3880. DOI: 10.1016/j.iree.2014.03.001.

Turner, P (2013) Does the monetary policy committee still care about inflation? Some evidence from a small macroeconomic model, Applied Economics, 45(19), pp.2745-2750, ISSN: 0003-6846. DOI: 10.1080/00036846.2011.629985.

Forest, JJ and Turner, P (2013) Alternative estimators of cointegrating parameters in models with nonstationary data: An application to US export demand, Applied Economics, 45(5), pp.629-636, ISSN: 0003-6846. DOI: 10.1080/00036846.2011.608647.

Hall, MJB, Wimanda, R, Turner, P (2013) The Shape of the Phillips Curve: The Case of Indonesia, Applied Economics, 45(29), pp.4114-4121, DOI: 10.1080/00036846.2012.744137.

Hall, MJB, Wimanda, R, Turner, P (2012) Monetary Policy Rules for Indonesia: Which Type is the Most Efficient?, Journal of Economic Studies, 39(4), pp.469-484, DOI: 10.1108/01443581.2012.55666.

Hall, MJB, Yan, M, Turner, P (2012) A Cost-benefit Analysis of Basel 3: Some Evidence From The UK, International Review of Financial Analysis, 25(December), pp.73-82, ISSN: 1057-5219. DOI: 10.1016/j.irfa.2012.06.009.

Turner, PM and Shaheen, R (2012) Fiscal explanations for inflation in Pakistan, European Journal of Social Sciences, 35(3), pp.365-384, ISSN: 1450-2267.

Hall, M, Turner, P, Yan, M (2011) Estimating Liquidity Risk Using the Exposure-based Cash-Flow-At-Risk Approach: An Application to the UK Banking Sector.

Wimanda, R, Hall, MJB, Turner, PM (2011) Expectations and the Inertia of Inflation: The Case of Indonesia, Journal of Policy Modeling, 33, pp.426-438, DOI: 10.1016/j.polmod.2010.08.009.

Hall, MJB, Turner, P, Yan, M (2011) A Cost-benefit Analysis of Basel 3: Some Evidence from the UK.

Pentecost, EJ and Turner, PM (2010) Demand and Supply Shocks in the Caribbean Economies: Implications for Monetary Union, The World Economy, 33(10), pp.1325-1337.

Turner, PM (2010) Why does no-one teach undergraduate macroeconomics using the Dynamic Stochastic General Equilibrium model? Journal for Economic Educators, 10(2), pp.7-15, ISSN: 1086-3885.

Turner, PM (2010) Power Properties of the CUSUM and CUSUMSQ Tests for Parameter Instability, Applied Economics Letters, 17, pp.1049-1053.

Turner, PM (2009) Testing for Cointegration using the Johansen Method: Are we using the correct critical values, Journal of Applied Econometrics, 24, pp.825-831.

Turner, P (2009) Multiple search paths and the general-to-specific methodology, Journal of Modern Applied Statistical Methods, 8(2), pp.505-510, ISSN: 1538-9472. DOI: 10.22237/jmasm/1257034380.

Turner, PM and Ozdemir, A (2008) A Monetary Disequilibrium Model for Turkey: Investigation of a Disinflationary Fiscal Rule and its Implications for Monetary Policy, Journal of Policy Modelling, 30(2), pp.349-361, DOI: 10.1016/j.jpolmod.2007.02.004.

Hayes, P and Turner, PM (2007) Estimates of quarterly GDP for the interwar UK economy, Applied Economics Letters, 14(8), pp.569-572, DOI: 10.1080/13504850500461605.

Turner, PM (2006) Teaching Undergraduate Macroeconomics with the Taylor-Romer Model, International Journal of Economics Education, 5(1), pp.73-81.

Turner, PM (2006) Response Surfaces for an F-Test for Cointegration, Applied Economics Letters, 13(8), pp.479-482.

Kanioura, A and Turner, PM (2005) Critical Values for an F-test for Cointegration in a Multivariate Model, Applied Economics, 17(3), pp.265-270.

Leeming, J and Turner, PM (2004) The BSE Crisis and the Price of Red Meat in the UK, Applied Economics, 36(16), pp.1825-1829.

Gascoigne, J and Turner, PM (2004) Asymmetries in Bank of England Monetary Policy, Applied Economics Letters, 11(10), pp.615-618.

Tlelima, T and Turner, PM (2004) The Demand for Money in South Africa: Specification and Tests for Instability, South African Journal of Economics, 72(1), pp.25-36.

Holly, S, Turner, PM, Weeks, M (2003) Asymmetric Adjustment and Bias in Estimation of an Equilibrium Relationship from a Cointegrating Regression, Computational Economics, 21(3), pp.195-202, ISSN: 0927-7099. DOI: 10.1023/A:1023954024420.

Chappell, D and Turner, PM (2003) The Taylor Rule and Dynamic Stability in the Small Macroeconomic Model, Economic Notes by Banca Monte dei Paschi di Siena SpA, 32(3), pp.361-370, DOI: 10.1111/1468-0300.00117.

Rodriguez, MC and Turner, PM (2003) Currency Substitution and the Demand for Money in Mexico, Applied Economics Letters, 10(1), pp.59-62.

Corrado, L, Holly, S, Turner, PM (2002) Non-Linearities and Inactivity in Aggregate Investment: Some Theoretical Analysis and Time Series Evidence, Studies in Nonlinear Dynamics and Econometrics, 5(4), pp.261-280, ISSN: 1558-3708.

Holly, S and Turner, PM (2001) Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK, Scottish Journal of Political Economy, 48(1), pp.69-81, ISSN: 0036-9292. DOI: 10.1111/1467-9485.00185.

Turner, PM and Benavides, G (2001) The Demand for Money and Inflation in Mexico 1980-1999: Implications for Stability and Real Seigniorage Revenues, Applied Economics Letters, 8, pp.775-778.

Holly, S and Turner, PM (2001) Inventory Investment and Asymmetric Adjustment: Some Evidence for the UK, International Journal of Production Economics, 72, pp.251-260.

Bowden, S and Turner, P (2000) Real Wage Rigidities and the Bargaining Process: Cotton Spinning in the Inter-War Years, Textile History, 31(1), pp.77-101, ISSN: 0040-4969. DOI: 10.1179/tex.2000.31.1.77.

Cook, S, Holly, S, Turner, P (2000) The power of tests for non-linearity: The Escribano-Pfann model, Computational Economics, 15(3), pp.223-226, ISSN: 0927-7099. DOI: 10.1023/A:1008751607616.

Turner, P (2000) Aggregate advertising, sales volume and relative prices in the long run, Applied Economics Letters, 7(8), pp.505-508, ISSN: 1350-4851. DOI: 10.1080/13504850050033265.

Arden, R, Cook, S, Holly, S, Turner, P (2000) The asymmetric effects of monetary policy: Some results from a macroeconometric model, MANCHESTER SCHOOL, 68(4), pp.419-441, ISSN: 1463-6786. DOI: 10.1111/1467-9957.00203.

Cook, S, Holly, S, Turner, P (1999) The power of tests for non-linearity: The case of Granger-Lee asymmetry, Economics Letters, 62(2), pp.155-159, ISSN: 0165-1765. DOI: 10.1016/s0165-1765(98)00208-0.

Turner, P (1999) The balance of payments constraint and the post 1973 slowdown of economic growth in the G7 economies, International Review of Applied Economics, 13(1), pp.41-53, ISSN: 0269-2171. DOI: 10.1080/026921799101724.

Perraton, J and Turner, P (1999) Estimates of industrial country export and import demand functions: Implications for 'Thirlwall's Law', Applied Economics Letters, 6(11), pp.723-727, ISSN: 1350-4851. DOI: 10.1080/135048599352295.

Turner, P (1999) Estimates of a bargaining model of wages for the UK economy 1870-1995, Applied Economics Letters, 6(2), pp.63-66, ISSN: 1350-4851. DOI: 10.1080/135048599353645.

Turner, P (1999) Alternative identifying restrictions in a model of UK real output and prices, Applied Economics, 31(3), pp.279-286, ISSN: 0003-6846. DOI: 10.1080/000368499324264.

Cook, S, Holly, S, Turner, P (1999) DHSY revisited: The role of asymmetries, Applied Economics, 31(7), pp.775-778, ISSN: 0003-6846. DOI: 10.1080/000368499323742.

Bowden, S and Turner, P (1998) Uncertainty and the competitive decline of the British motor industry: 1945-75, New Political Economy, 3(1), pp.103-120, ISSN: 1356-3467. DOI: 10.1080/13563469808406335.

Turner, P and Bowden, S (1997) Real wages, demand and employment in the UK 1921-1938: A disaggregated analysis, Bulletin of Economic Research, 49(4), pp.309-325, ISSN: 0307-3378. DOI: 10.1111/1467-8586.00044.

Turner, P (1997) The Phillips curve, parameter instability and the Lucas critique, Applied Economics, 29(1), pp.7-10, ISSN: 0003-6846. DOI: 10.1080/000368497327344.

Bowden, S and Turner, P (1993) The Demand for Consumer Durables in the United Kingdom in the Interwar Period, The Journal of Economic History, 53(2), pp.244-258, ISSN: 0022-0507. DOI: 10.1017/s0022050700012894.

TURNER, PM (1993) A STRUCTURAL VECTOR AUTOREGRESSION MODEL OF THE UK BUSINESS-CYCLE, SCOTTISH JOURNAL OF POLITICAL ECONOMY, 40(2), pp.143-164, ISSN: 0036-9292. DOI: 10.1111/j.1467-9485.1993.tb00647.x.

BOWDEN, S and TURNER, P (1993) SOME CROSS-SECTION EVIDENCE ON THE DETERMINANTS OF THE DIFFUSION OF CAR OWNERSHIP IN THE INTERWAR UK ECONOMY, BUSINESS HISTORY, 35(1), pp.55-69, ISSN: 0007-6791. DOI: 10.1080/00076799300000004.

TURNER, P, COUTTS, A, BOWDEN, S (1992) THE EFFECT OF THE THATCHER GOVERNMENT ON COMPANY LIQUIDATIONS - AN ECONOMETRIC STUDY, APPLIED ECONOMICS, 24(8), pp.935-943, ISSN: 0003-6846. DOI: 10.1080/00036849200000060.

Turner, PM (1992) A computer simulation model for the determination of Walrasian equilibrium, British Review of Economic Issues, 14, pp.935-943.

TURNER, P (1991) WEALTH EFFECTS AND FISCAL-POLICY IN THE 1930S, ECONOMIC HISTORY REVIEW, 44(3), pp.515-522, ISSN: 0013-0117.

Bowden, S and Turner, P (1991) Productivity and long-term growth potential in the UK economy 1924-1968, Applied Economics, 23(9), pp.1425-1432, ISSN: 0003-6846. DOI: 10.1080/00036849100000193.



Conferences

Hall, MJB, Turner, P, Yan, M (2011) A Cost-benefit Analysis of Basel 3: Some Evidence from the UK. In 20th International Tor Vergata Conference on Money, Banking and Finance, Rome.

BOWDEN, S and TURNER, P (1993) THE DEMAND FOR CONSUMER DURABLES IN THE UNITED-KINGDOM IN THE INTERWAR PERIOD. In , JOURNAL OF ECONOMIC HISTORY, pp.244-258, DOI: 10.1017/S0022050700012894.



Books

Turner, PM (2016) An Introduction to Mathematical and Quantitative Methods for Finance and Economics,ISBN: 978-1-326-71031-6.

Turner, PM (2015) Useful Macroeconomic Models,ISBN: 978-1-326-40390-4.

Turner, PM (2012) Programming with EViews,ISBN: 978-1-291-01977-3.

Turner, P (ed) (2011) Mathematics for Economics, Lulu.com, ISBN: 9781447846208.

Turner, PM (2011) Practical Econometrics, Lulu.com, ISBN: 9781447775737.

Turner, P (1993) Modern macroeconomic analysis, McGraw-Hill Book Co Ltd, ISBN: 9780077077174.



Chapters

Holly, S and Turner, PM (2002) Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Theory and Evidence from UK Manufacturing. In Tavidze, AE (ed) Progress in Economics Research, Nova Science Publishers, pp.69-81.

Turner, PM (2001) Economic Modelling for Fun and Profit: The Role of Economic Models in Generating Economic Forecasts. In Hendry, DF and Ericsson, NRE (ed) Understanding Economic Forecasts, MIT Press, pp.42-53.

Turner, PM, Holly, S, Cook, S (2000) The conduct of monetary policy when the business cycle is non-linear. In Econometric Modelling: Techniques and Applications, pp.276-296.

Turner, PM, Holly, S, Cook, S (2000) Responding to large and small shocks when business cycles are non-linear. In Holly, S, (ed) Issues in Computational Economics and Finance, pp.341-346.

Turner, PM and Holly, S (1999) Instrument rules, inflation forecast rules and optimal control rules when expectations are rational. In Hughes-Hallett, A and McAdam, P (ed) Analyses in Macroeconomic Modelling, pp.147-165.

Turner, PM (1991) The UK demand for money, commercial bills and quasi-money assets. In Foreman-Peck, J (ed) Reinterpreting the Nineteenth Century: Essays in Quantitative Economic History, pp.285-304.

Turner, PM (1986) The inefficiency of uncoordinated stabilisation policy in multicountry models. In Exchange Rates and the Open Economy, pp.229-238.

Turner, PM and Cable, J (1985) Asymmetic information and credit rationing: Another view of industrial bank lending and Britain's economic problem. In Currie, D (ed) Advances in Monetary Theory, pp.207-220.



School/Dept Working Papers

Hall, MJB, Wimanda, RE, Turner, PM (2010) Expectations and the Inertia of Inflation: The Case of Indonesia.

Hall, MJB, Wimanda, RE, Turner, PM (2010) The Shape of the Phillips Curve: The Case of Indonesia.

Hall, MJB, Wimanda, RE, Turner, PM (2010) Monetary Policy Rules for Indonesia: Which Type is the Most Efficient?.



Other

Turner, P (2018) The Big Mac Index and the Exchange Rate.

Turner, P (2018) Review of the UK Economy in 2017.

Turner, P (2018) The UK Productivity Problem.

Turner, PM (2017) Corruption and Economic Growth.

Turner, PM (2017) Review of the UK Economy in 2016.

Turner, PM (2017) Inequality and the Distribution of Income in the UK.

Turner, PM (2016) Review of the UK Economy in 2015.

Turner, PM (2016) The National Debt and the Financial Crisis.

Turner, PM (2016) Index Numbers and Human Development.

Turner, PM (2015) Manufacturing Productivity and Output Growth.

Turner, PM (2015) Review of the UK Economy in 2014.

Turner, PM (2015) The Productivity Problem and the Recession.

Turner, PM (2014) Review of the Economy in 2013.

Turner, PM (2014) Energy and National Output.

Turner, PM (2013) Gold Prices and Financial Crises.

Turner, PM (2013) Review of the Economy in 2012.

Turner, PM (2013) What are the Effects of a Fiscal Stimulus?.

Turner, PM (2013) Explaining Economic Growth: The 'Catch-Up' Hypothesis'.

Turner, P (2012) Fixed ideas of money: small states and exchange rate regimes in twentieth-century Europe. DOI: 10.1111/j.1468-0289.2011.00622_23.x.

Turner, PM (2012) Explaining Economic Growth.

Turner, PM (2012) Review of the UK Economy in 2011.

Turner, PM (2012) Explaining Unemployment.

Turner, P (2011) The balance of payments.

Turner, PM (2011) Review of the UK economy in 2010.

Turner, PM (2010) The UK Economy in 2009.

Turner, PM (2010) Unemployment and the Recession.

Turner, PM (2010) Productivity growth in the UK economy.

Turner, PM (2009) How does the Economy behave in a Recession?.

Turner, PM (2009) Review of the UK Economy in 2008.

Turner, PM (2009) Fiscal Policy and the UK Economy.

Turner, PM (2008) Consumer Spending and the Business Cycle.

Turner, PM (2008) The UK Economy in 2007.

Turner, PM (2008) Descriptive Statistics.

Turner, PM (2007) Productivity Growth and Employment.

Turner, PM (2007) The UK Economy in 2006.

Turner, PM (2007) National Income Accounts.

Turner, PM (2006) The demand for gasoline in the US economy.

Turner, PM (2006) Review of the UK Economy in 2005.

Turner, PM (2006) Money and Prices.

Turner, PM (2005) Review of the UK Economy in 2004.

Turner, PM (2005) Estimating the Sacrifice Ratio.

Turner, PM (2005) Energy and the UK economy.

Turner, PM (2004) The UK Economy in 2003.

Turner, PM (2004) Calculating the Real Exchange Rate.

Turner, PM (2004) Interpreting economic data - taking off: the development of the air travel industry in the United States.

Turner, PM (2003) Demand and Supply in the Lamb Market.

Turner, PM (2003) The UK Economy in 2002.

Turner, PM (2003) The Business Cycle.

Turner, PM (2002) Interpreting Economic Data: Estimating the Elasticity of Demand.

Turner, PM (2002) Investment, Output and the Stock Market.

Turner, PM (2002) The UK Economy in 2001.

Turner, PM (2001) Euro Membership and UK Convergence.

Turner, PM (2001) Energy Demand, Carbon Dioxide Emissions and GNP.

Turner, PM (2001) The UK Economy in 2000.

Turner, PM (2001) Teaching the Ramsey Growth Model using Linked Mathcad Worksheets.

Turner, PM (2000) Review of EViews 4.0.

Turner, PM (2000) Energy demand in the industrial economies.

Turner, PM (2000) The UK economy in 1999.

Turner, PM (2000) Growth in the industrial and the developing countries.

Turner, PM (1999) Advertising and the UK economy.

Turner, PM (1999) The UK economy in 1998.

Turner, PM (1999) Accounting for the Japanese recession.

Holly, S and Turner, P (1998) Programming facilities in EViews.

Turner, PM (1998) Growth and the balance of payments.

Turner, PM (1998) The forces of energy.

Turner, PM (1997) Accounting for inflation.

Turner, PM (1997) The UK economy in 1996.

Turner, PM (1997) Britain and the European Monetary System.

Turner, PM (1996) UK labour market trends.

Turner, PM (1996) Changes in the UK banking system.

Turner, PM (1996) The UK economy in 1995.

Turner, PM and Bowden, S (1996) The British car industry: a performance record.

Turner, PM (1996) Taxing calculations.

Turner, PM (1995) Japan's economic growth: miracle or myth?.

Turner, PM (1995) Home truths.

Turner, PM (1995) The UK economy in 1994.

Turner, PM (1995) Taxation policy under the Conservatives.

Turner, PM (1994) Household composition and expenditure patterns.

Turner, PM (1994) Output and unemployment in two recessions.

Turner, PM (1994) The UK economy in 1993.

Turner, PM (1994) Household income and expenditure patterns.

Turner, PM (1994) The business cycle and the balance of payments.

Turner, PM (1993) Risk, return and the value of financial assets.

Turner, PM (1993) Changes in the structure of employment.

Turner, PM (1993) The UK economy in 1992.

Turner, PM (1993) Investment, profits and the business cycle.

Turner, PM (1992) Price and income elasticities: petrol.

Turner, PM (1992) Index numbers, compound growth and the long run behaviour of the economy.

Turner, PM (1992) Company liquidations and the business cycle.

Turner, PM (1992) The UK economy in 1991.

Turner, PM (1992) Fiscal policy and the budget deficit.

Turner, PM (1992) Inflation, the exchange rate and the EMS.

Turner, PM (1991) Growth linkages in European economies.

Turner, PM (1991) The post-war growth of the UK economy.

Turner, PM (1991) The UK economy in 1990.

Turner, PM (1991) Personal savings trends in the 1980s.

Turner, PM (1991) British entry into the EMS.

Turner, PM (1991) Monetary growth and inflation.

Turner, PM (1990) Long run productivity growth.

Turner, PM (1990) Investment: an overview.

Turner, PM (1990) The Thatcher economic 'miracle'.

Turner, PM (1990) The UK economy in 1989.

Turner, PM and Smith, P (1989) Important economic issues of 1988.

Turner, PM (1989) Measuring fiscal stance.

Turner, PM (1989) Monetary control and inflation.

Turner, PM (1989) Investment: theory and evidence.

Turner, PM (1989) Discussion of paper by Stephen Broadberry in 'Blueprints for Exchange Rate Management'.

Turner, PM (1988) Economic growth and the balance of payments.

Turner, PM (1988) Economic structure and performance.

Turner, PM (1988) The UK economy in 1987-88.

Turner, PM (1988) Wages, prices and inflation.

Turner, PM (1988) The economics of budget deficits.

Turner, PM (1988) The US budget deficit problem: a look at the data.

Turner, PM (1988) Changes in the pattern of UK trade.

Turner, PM (1987) The consumption function: theory and evidence.

Turner, PM and McCormick, B (1987) The North-South divide: fact or fiction.

Turner, PM (1987) The UK economy: a selective review.

Turner, PM (1987) Crowding out: a review of the arguments.

Turner, PM (1987) The money supply and the PSBR.

Turner, PM (1987) Question and Answer part 1: Adjustment to balance of payments disequilibrium.

Turner, PM (1987) Measuring growth.

Turner, PM (1986) The cotton revolution.

Turner, PM (1986) Energy and the UK economy.

Turner, PM (1986) The structure of UK manufacturing industry.

Turner, PM (1986) The exchange rate and prices.

Turner, PM (1986) How to construct a consumption function and calculate the multiplier.

Turner, PM (1985) Review of PC-GIVE.

Turner, PM (1985) The money supply and the price level.

Turner, PM (1985) Employment in Great Britain.

Turner, PM (1985) Some international comparisons.

Turner, PM (1985) The changing structure of the UK economy.

Turner, PM (1985) National income and expenditure.

Turner, PM (1984) The changing structure of UK trade.



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