“International Business Cycle and Financial Intermediation”, accepted, Journal of Money, Banking and Credit, forthcoming; with Tamas Csabafi and Ruthira Naraidoo.
“The Welfare Cost of Inflation with Banking Time”, accepted, The B.E. Journal of Macroeconomics: Advances, forthcoming.
Revise and Resubmit:
“Nominal Interest Rates and In‡ation Rate Inversion: Bank Shocks and the Great Recession”, Tamas Csabafi, Ceri Davies, Max Gillman, Michal Kejak, Western Economic Association.
“Explaining Real Business Cycles with Human Capital Investment,” Szilard Benk, Tamas Csaba fi, Jing Dang, Max Gillman, Michal Kejak.
Work in Progress:
“Granger-causality of real oil prices after the Great Recession”, 2018, with Szilard Benk; presented at the American Economic Association Meetings, 2018, Philadelphia; at International Symposium on Environment & Energy Finance Issues, 24 & 25 May 2018, Paris, France.
“Stoper-Samuelson and Rybczynski Duality in an Endogenous Growth RBC Model”, with Tamas Csabafi”, mimeo, University of Missouri – St. Louis.
“Growth cycles: Theory and evidence of determinants of the output growth rate,” with Tamas Csabafi, Yiumen Tse, Mark Harris, Laszlo Matyas; presented Panel Data Conference, Budapest.
“A Canonical Model of AS-AD: from Macro’s Last Configuration”, Max Gillman and David Rose; revision of: Gillman, Max, 2012. “AS-AD in the Standard Dynamic Neoclassical Model: Business Cycles and Growth Trends,” Cardiff Economics Working Papers E2012/12, Cardiff University, Cardiff Business School, Economics Section.
“Financial Intermediation with Ehrlich-Becker Arrow-Debreu Securities and Systemic Risk”, with Ruthira Naraidoo and Peng Zhou; revised from “Financial Intermediation Transfers Across States of Nature and Intertemporally: with Application to Banking Crisis 2007-2010,” by Max Gillman, manuscript Cardiff U., 12 November 2010.
“A Human Capital Theory of Structural Transformation and its Stylized Facts”, with Tamas Csabafi; revised from: Max Gillman, 2011, A Simple Theory of Structural Transformation, Cardiff Economics Working Papers E2011/4, March.
“Volatility Cycles of Output and Inflation: A Good Shock, Bad Shock Story”, with Szilárd Benk and Michal Kejak; presented AEA Meetings; SED Meetings; Bank of England.