Professor Sir Anton Muscatelli
- Principal and Vice-Chancellor (Principal's Office)
telephone:
01413305995
email:
principal@glasgow.ac.uk
R453 Level 4, Principal's Office, Main Building, Glasgow G12 8QQ
Publications
2024
Roy, G. , Muscatelli, A. and Waite, D. (2024) The 2024 Budget and regional productivity. [Website]
2023
Ghosal, S. , Muscatelli, A. and Roy, G. (2023) Introduction to the Special Issue on Adam Smith@300. National Institute Economic Review, 265, pp. 1-4. (doi: 10.1017/nie.2023.29)
2022
Muscatelli, A. (2022) Economic factors and constitution-making: a two-way relationship. In: Cremades, J. and Hermida, C. (eds.) Encyclopedia of Contemporary Constitutionalism. Springer: Cham. ISBN 9783319317397 (doi: 10.1007/978-3-319-31739-7_134-1)
Muscatelli, A., Roy, G. and Trew, A. (2022) Persistent states: lessons for Scottish devolution and independence. National Institute Economic Review, 260, pp. 51-63. (doi: 10.1017/nie.2022.5)
2020
Muscatelli, A., McKee, E. and McGivern, S. (2020) Scotland: a world-leading Hydro Nation. International Journal of Water Resources Development, 36(2-3), pp. 239-244. (doi: 10.1080/07900627.2019.1676203)
2017
Maclennan, D. , Waite, D. and Muscatelli, A. (2017) Cities in the Scottish economy: patterns, policies and potentials. In: Gibb, K., Maclennan, D., McNulty, D. and Comerford, M. (eds.) The Scottish Economy: A Living Book. Routledge: Abingdon ; New York, pp. 88-103. ISBN 9781138960916 (doi: 10.4324/9781315660097-7)
2013
Conroy, J. C. and Muscatelli, A. (2013) The future of Scottish higher education. In: Bryce, T.G.K., Hulmes, W.M., Gillies, D. and Kennedy, A. (eds.) Scottish Education. 4th Edition. Edinburgh University Press: Edinburgh, pp. 1034-1044. ISBN 9780748645824
2012
Muscatelli, V.A., Natale, P. and Tirelli, P. (2012) A simple and flexible alternative to Stability and Growth Pact deficit ceilings. Is it at hand? European Journal of Political Economy, 28(1), pp. 14-26. (doi: 10.1016/j.ejpoleco.2011.07.004)
2008
Colciago, A., Ropele, T., Muscatelli, V.A. and Tirelli, P. (2008) The role of fiscal policy in a monetary union: are national automatic stabilizers effective? Review of International Economics, 16(3), pp. 591-610. (doi: 10.1111/j.1467-9396.2008.00747.x)
Cukierman, A. and Muscatelli, A. (2008) Nonlinear Taylor rules and asymmetric preferences in central banking: evidence from the United Kingdom and the United States. B.E. Journal of Macroeconomics, 8(1), 7. (doi: 10.2202/1935-1690.1488)
Muscatelli, A., Ropele, T. and Tirelli, P. (2008) Macroeconomic adjustment in the Euro area: the role of fiscal policy. In: Farina, F. and Tamborini, R. (eds.) Macroeconomic Policy in the European Monetary Union: From the Old to the New Stability and Growth Pact. Series: Routledge studies in the European economy. Routledge, pp. 45-70. ISBN 9780415429009
2007
Muscatelli, V. A., Spinelli, F. and Trecroci, C. (2007) Macroeconomic shocks, structural change and real exchange rates: evidence from historical data. Journal of International Money and Finance, 26(8), pp. 1403-1423. (doi: 10.1016/j.jimonfin.2007.09.007)
2005
Darby, J., Muscatelli, V. A. and Roy, G. (2005) Fiscal consolidation and decentralisation: a tale of two tiers. Fiscal Studies, 26(2), pp. 169-195. (doi: 10.1111/j.1475-5890.2005.00009.x)
Malley, J. R. , Muscatelli, V.A. and Woitek, U. (2005) Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing. European Economic Review, 49(3), pp. 745-760. (doi: 10.1016/S0014-2921(03)00073-4)
Muscatelli, V. A. and Tirelli, P. (2005) Analyzing the interaction of monetary and fiscal policy: Does fiscal policy play a valuable role in stabilisation? CESIFO Economic Studies, 51(4), pp. 549-585. (doi: 10.1093/cesifo/51.4.549)
2004
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2004) Fiscal and monetary policy interactions: Empirical evidence and optimal policy using a structural new-Keynesian model. Journal of Macroeconomics, 26(2), pp. 257-280. (doi: 10.1016/j.jmacro.2003.11.014)
Darby, J., Li, C.-W. and Muscatelli, V.A. (2004) Political uncertainty, public expenditure and growth. European Journal of Political Economy, 20(1), pp. 153-179. (doi: 10.1016/j.ejpoleco.2003.01.001)
Beetsma, R., Favero, C., Missale, A., Muscatelli, V. A., Natale, P. and Tireli, P. (Eds.) (2004) Monetary Policy, Fiscal Policies and Labour Markets: Macroeconomic Policymaking in the EMU. Cambridge University Press: Cambridge ; New York. ISBN 9780521823081
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2004) Monetary and fiscal policy interactions over the cycle: some empirical evidence. In: Beetsma, R., Favero, C., Missale, A., Muscatelli, V. A., Natale, P. and Tireli, P. (eds.) Monetary Policy, Fiscal Policies and Labour Markets: Macroeconomic Policymaking in the EMU. Cambridge University Press: Cambridge ; New York, pp. 256-296. ISBN 9780521823081 (doi: 10.1017/CBO9780511492389.011)
2003
Chadha, J. S., Muscatelli, V. A. and Nolan, C. (2003) 'Policy rules-the next steps'-Scottish Journal of Political Economy Special Issue. Scottish Journal of Political Economy, 50(5), i-iii. (doi: 10.1111/j.0036-9292.2003.05005007.x)
Malley, J. , Muscatelli, A. and Woitek, U. (2003) Some new international comparisons of productivity performance at the sectoral level. Journal of the Royal Statistical Society: Series A (Statistics in Society), 166(1), pp. 85-104. (doi: 10.1111/1467-985X.00260)
Darby, J., Muscatelli, A. and Roy, G. (2003) Fiscal decentralisation in Europe: a review of recent experience. European Research in Regional Science, 13(1), pp. 13-37.
2002
Muscatelli, A., Tirelli, P. and Trecroci, C. (2002) Monetary Policy on the Road to EMU: The Dominance of External Constraints on Domestic Objectives. Annales d'Economie et de Statistique(67-68), pp. 389-414.
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2002) Does institutional change really matter? Inflation targets, central bank reform and interest rate policy in the OECD countries. Manchester School, 70(4), pp. 487-527. (doi: 10.1111/1467-9957.00298)
Darby, J., Muscatelli, A. and Roy, G. (2002) Fiscal federalism and fiscal autonomy: lessons for the UK from other industrialised countries. Scottish Affairs, 41 s1(1), pp. 26-55. (doi: 10.3366/scot.2002.0052)
Muscatelli, V.A. and Trecroci, C. (2002) Central bank goals, institutional change and monetary policy: evidence from the United States and the United Kingdom. In: Mahadeva, L. and Sinclair, P. (eds.) Monetary Transmission in Diverse Economies. Cambridge, pp. 100-126. ISBN 9780521813464
2001
Muscatelli, V. A. and Tirelli, P. (2001) Unemployment and growth: some empirical evidence from structural time series models. Applied Economics, 33(8), pp. 1083-1088. (doi: 10.1080/00036840010003276)
2000
Muscatelli, A. and Trecroci, C. (2000) Monetary policy rules, policy preferences, and uncertainty: recent empirical evidence. Journal of Economic Surveys, 14(5), pp. 597-627. (doi: 10.1111/1467-6419.00126)
Muscatelli, V. A. and Spinelli, F. (2000) Fisher, Barro, and the Italian Interest Rate, 1845–93. Journal of Policy Modeling, 22(2), pp. 149-169. (doi: 10.1016/S0161-8938(99)00010-1)
Malley, J. R. , Muscatelli, V. A. and Woitek, U. (2000) The interaction between business cycles and productivity growth: evidence from us industrial data. In: van Ark, B., Kuipers, S. K. and Kuper, G. H. (eds.) Productivity, Technology and Economic Growth. Kluwer Academic Publishers, pp. 131-157. ISBN 9780792379607 (doi: 10.1007/978-1-4757-3161-3_5)
Muscatelli, V. A. and Spinelli, F. (2000) The long-run stability of the demand for money: Italy 1861–1996. Journal of Monetary Economics, 45(3), pp. 717-739. (doi: 10.1016/S0304-3932(00)00011-8)
1999
Malley, J. and Muscatelli, V.A. (1999) Business cycles and productivity growth: are temporary downturns productive or wasteful? Research in Economics, 53(4), pp. 337-364. (doi: 10.1006/reec.1999.0203)
Muscatelli, V. A. (1999) Inflation contracts and inflation targets under uncertainty: Why we might need conservative central bankers. Economica, 66(262), pp. 241-254. (doi: 10.1111/1468-0335.00167)
1998
Muscatelli, V. A. and Tirelli, P. (1998) Credibility and monetary policy in a model with growth. Oxford Economic Papers, 50(4), pp. 644-662. (doi: 10.1093/oep/50.4.644)
Muscatelli, A. (1998) Optimal inflation contracts and inflation targets with uncertain central bank preferences: Accountability through independence? Economic Journal, 108(447), pp. 529-542. (doi: 10.1111/1468-0297.00302)
Muscatelli, V. A. (1998) Political consensus, uncertain preferences, and central bank independence. Oxford Economic Papers, 50(3), pp. 412-430.
1997
Malley, J. and Muscatelli, V. A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57(1), pp. 97-105. (doi: 10.1016/S0165-1765(97)81885-X)
1996
Muscatelli, V. A. and Spinelli, F. (1996) Gibson's paradox and policy regimes: a comparison of the experience in the US, UK and Italy. Scottish Journal of Political Economy, 43(4), pp. 468-492. (doi: 10.1111/j.1467-9485.1996.tb00858.x)
Muscatelli, V. A. and Spinelli, F. (1996) Modeling monetary trends in Italy using historical data: the demand for broad money 1861-1990. Economic Inquiry, 34(3), pp. 579-596. (doi: 10.1111/j.1465-7295.1996.tb01398.x)
Hurn, A.S. and Muscatelli, V. A. (1996) Modelling the demand for M4 in the U.K. Manchester School, 64(1), pp. 70-78. (doi: 10.1111/j.1467-9957.1996.tb01248.x)
1995
Muscatelli, A. and Hunter, L. (1995) Editors‘ introduction: contemporary labour market issues. Scottish Journal of Political Economy, 42(3), pp. 241-249. (doi: 10.1111/j.1467-9485.1995.tb01157.x)
Hurn, A. S., Moody, T. and Muscatelli, V. A. (1995) The term structure of interest rates in the London interbank market. Oxford Economic Papers, 47(3), pp. 418-436. [Book Review]
Muscatelli, A. (1995) Review of: Rational Expectations Macroeconomics: An Introductory Handbook by Patrick Minford. Economica, 62(246), pp. 272-273. (doi: 10.2307/2554909)
Muscatelli, V. A., Stevenson, A. A. and Montagna, C. (1995) Modeling aggregate manufactured exports for some Asian newly industrialized economies. Review of Economics and Statistics, 77(1), pp. 147-155. (doi: 10.2307/2110000)
Li, Y. , Ng, K.C., Häußler, A., Chow, V. and Muscatelli, A. (1995) Macroeconomics modelling on UK GDP growth by neural computing. In: IFAC/IFIP/IFORS/SEDC Symp. Modelling and Control of National and Regional Economies, Gold Coast, Australia, 2-5 July 1995,
Muscatelli, V.A., Stevenson, A.A. and Montagna, C. (1995) An analysis of the disaggregated manufacturing exports of the Asian NIEs to EEC, USA and Japan. Applied Economics, 27(1), pp. 17-24. (doi: 10.1080/00036849500000003)
1994
Muscatelli, V. A. (1994) Demand and supply factors in the determination of NIE exports: a reply. Economic Journal, 104(427), pp. 1415-1417. (doi: 10.2307/2235457)
Muscatelli, V.A., Stevenson, A.A. and Montagna, C. (1994) Intra-NIE competition in exports of manufactures. Journal of International Economics, 37(1-2), pp. 29-47. (doi: 10.1016/0022-1996(94)90023-X)
Muscatelli, V.A., Srinivasan, T.G. and Vines, D. (1994) The empirical modelling of NIE exports: an evaluation of different approaches. Journal of Development Studies, 30(2), pp. 279-302. (doi: 10.1080/00220389408422316)
1993
Muscatelli, A. (1993) Review of: Establishing a Central Bank: Issues in Europe and Lessons from the US. Edited by Matthew B. Canzoneri, Vittorio Grilli and Paul R. Masson. Manchester School, 61(1), pp. 100-101. (doi: 10.1111/j.1467-9957.1993.tb00226.x)[Book Review]
1992
Hurn, A. S. and Muscatelli, V. A. (1992) Testing superexogeneity: the demand for broad money in the UK. Oxford Bulletin of Economics and Statistics, 54(4), pp. 543-556. (doi: 10.1111/j.1468-0084.1992.mp54004004.x)
Muscatelli, V.A., Srinivasan, T.G. and Vines, D. (1992) Demand and supply factors in the determination of NIE exports: a simultaneous error-correction model for Hong Kong. Economic Journal, 102(415), pp. 1467-1477. (doi: 10.2307/2234801)
Muscatelli, A. (1992) Review of: Money in Britain: Monetary Policy, Innovation and Europe, by Michael Artis and Mervyn Lewis. Manchester School, 60(3), pp. 320-322. (doi: 10.1111/j.1467-9957.1992.tb00467.x)
Hurn, A. S. and Muscatelli, V. A. (1992) The long-run properties of the demand for M3 in South Africa. South African Journal of Economics, 60(2), pp. 93-101. (doi: 10.1111/j.1813-6982.1992.tb01024.x)
Muscatelli, V. A. and Hurn, S. (1992) Cointegration and dynamic time series models. Journal of Economic Surveys, 6(1), pp. 1-43. (doi: 10.1111/j.1467-6419.1992.tb00142.x)
1991
Muscatelli, V.A. and Vines, D. (1991) Third World debt and macroeconomic interactions between the North and South. Journal of Development Studies, 27(3), pp. 146-166. (doi: 10.1080/00220389108422207)
1990
Muscatelli, V. A. and Papi, L. (1990) Cointegration, financial innovation and modelling the demand for money in Italy. Manchester School, 58(3), pp. 242-259. (doi: 10.1111/j.1467-9957.1990.tb00421.x)
Muscatelli, V. A. (1990) Monetary targets, buffer stock money and money market dynamics. Scottish Journal of Political Economy, 37(2), pp. 166-183. (doi: 10.1111/j.1467-9485.1990.tb00579.x)
1989
Muscatelli, V. A. (1989) Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia and Mexico. Economic Journal, 99(398), pp. 1217-1220. (doi: 10.2307/2234115)[Book Review]
Muscatelli, V. A. (1989) A comparison of the ‘rational expectations’ and ‘general-to-specific’ approaches to modelling the demand for M1. Oxford Bulletin of Economics and Statistics, 51(4), pp. 353-375. (doi: 10.1111/j.1468-0084.1989.mp51004001.x)
1988
Muscatelli, V. A. (1988) The Long-Run behavior of the Velocity of Circulation: The International Evidence. Economic Journal, 98(393), pp. 1234-1236. (doi: 10.2307/2233745)[Book Review]
Currie, D., Vines, D., Moutos, T., Muscatelli, A. and Vidalis, N. (1988) North-South interactions: a general-equilibrium framework for the study of strategic issues. In: Currie, D. and Vines, D. (eds.) Macroeconomic Interactions Between North and South. Cambridge University Press: Cambridge, pp. 65-105. ISBN 9780521361217
Muscatelli, V.A. (1988) Alternative models of buffer stock money: an empirical investigation. Scottish Journal of Political Economy, 35(1), pp. 1-21. (doi: 10.1111/j.1467-9485.1988.tb01027.x)
Articles
Ghosal, S. , Muscatelli, A. and Roy, G. (2023) Introduction to the Special Issue on Adam Smith@300. National Institute Economic Review, 265, pp. 1-4. (doi: 10.1017/nie.2023.29)
Muscatelli, A., Roy, G. and Trew, A. (2022) Persistent states: lessons for Scottish devolution and independence. National Institute Economic Review, 260, pp. 51-63. (doi: 10.1017/nie.2022.5)
Muscatelli, A., McKee, E. and McGivern, S. (2020) Scotland: a world-leading Hydro Nation. International Journal of Water Resources Development, 36(2-3), pp. 239-244. (doi: 10.1080/07900627.2019.1676203)
Muscatelli, V.A., Natale, P. and Tirelli, P. (2012) A simple and flexible alternative to Stability and Growth Pact deficit ceilings. Is it at hand? European Journal of Political Economy, 28(1), pp. 14-26. (doi: 10.1016/j.ejpoleco.2011.07.004)
Colciago, A., Ropele, T., Muscatelli, V.A. and Tirelli, P. (2008) The role of fiscal policy in a monetary union: are national automatic stabilizers effective? Review of International Economics, 16(3), pp. 591-610. (doi: 10.1111/j.1467-9396.2008.00747.x)
Cukierman, A. and Muscatelli, A. (2008) Nonlinear Taylor rules and asymmetric preferences in central banking: evidence from the United Kingdom and the United States. B.E. Journal of Macroeconomics, 8(1), 7. (doi: 10.2202/1935-1690.1488)
Muscatelli, V. A., Spinelli, F. and Trecroci, C. (2007) Macroeconomic shocks, structural change and real exchange rates: evidence from historical data. Journal of International Money and Finance, 26(8), pp. 1403-1423. (doi: 10.1016/j.jimonfin.2007.09.007)
Darby, J., Muscatelli, V. A. and Roy, G. (2005) Fiscal consolidation and decentralisation: a tale of two tiers. Fiscal Studies, 26(2), pp. 169-195. (doi: 10.1111/j.1475-5890.2005.00009.x)
Malley, J. R. , Muscatelli, V.A. and Woitek, U. (2005) Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing. European Economic Review, 49(3), pp. 745-760. (doi: 10.1016/S0014-2921(03)00073-4)
Muscatelli, V. A. and Tirelli, P. (2005) Analyzing the interaction of monetary and fiscal policy: Does fiscal policy play a valuable role in stabilisation? CESIFO Economic Studies, 51(4), pp. 549-585. (doi: 10.1093/cesifo/51.4.549)
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2004) Fiscal and monetary policy interactions: Empirical evidence and optimal policy using a structural new-Keynesian model. Journal of Macroeconomics, 26(2), pp. 257-280. (doi: 10.1016/j.jmacro.2003.11.014)
Darby, J., Li, C.-W. and Muscatelli, V.A. (2004) Political uncertainty, public expenditure and growth. European Journal of Political Economy, 20(1), pp. 153-179. (doi: 10.1016/j.ejpoleco.2003.01.001)
Chadha, J. S., Muscatelli, V. A. and Nolan, C. (2003) 'Policy rules-the next steps'-Scottish Journal of Political Economy Special Issue. Scottish Journal of Political Economy, 50(5), i-iii. (doi: 10.1111/j.0036-9292.2003.05005007.x)
Malley, J. , Muscatelli, A. and Woitek, U. (2003) Some new international comparisons of productivity performance at the sectoral level. Journal of the Royal Statistical Society: Series A (Statistics in Society), 166(1), pp. 85-104. (doi: 10.1111/1467-985X.00260)
Darby, J., Muscatelli, A. and Roy, G. (2003) Fiscal decentralisation in Europe: a review of recent experience. European Research in Regional Science, 13(1), pp. 13-37.
Muscatelli, A., Tirelli, P. and Trecroci, C. (2002) Monetary Policy on the Road to EMU: The Dominance of External Constraints on Domestic Objectives. Annales d'Economie et de Statistique(67-68), pp. 389-414.
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2002) Does institutional change really matter? Inflation targets, central bank reform and interest rate policy in the OECD countries. Manchester School, 70(4), pp. 487-527. (doi: 10.1111/1467-9957.00298)
Darby, J., Muscatelli, A. and Roy, G. (2002) Fiscal federalism and fiscal autonomy: lessons for the UK from other industrialised countries. Scottish Affairs, 41 s1(1), pp. 26-55. (doi: 10.3366/scot.2002.0052)
Muscatelli, V. A. and Tirelli, P. (2001) Unemployment and growth: some empirical evidence from structural time series models. Applied Economics, 33(8), pp. 1083-1088. (doi: 10.1080/00036840010003276)
Muscatelli, A. and Trecroci, C. (2000) Monetary policy rules, policy preferences, and uncertainty: recent empirical evidence. Journal of Economic Surveys, 14(5), pp. 597-627. (doi: 10.1111/1467-6419.00126)
Muscatelli, V. A. and Spinelli, F. (2000) Fisher, Barro, and the Italian Interest Rate, 1845–93. Journal of Policy Modeling, 22(2), pp. 149-169. (doi: 10.1016/S0161-8938(99)00010-1)
Muscatelli, V. A. and Spinelli, F. (2000) The long-run stability of the demand for money: Italy 1861–1996. Journal of Monetary Economics, 45(3), pp. 717-739. (doi: 10.1016/S0304-3932(00)00011-8)
Malley, J. and Muscatelli, V.A. (1999) Business cycles and productivity growth: are temporary downturns productive or wasteful? Research in Economics, 53(4), pp. 337-364. (doi: 10.1006/reec.1999.0203)
Muscatelli, V. A. (1999) Inflation contracts and inflation targets under uncertainty: Why we might need conservative central bankers. Economica, 66(262), pp. 241-254. (doi: 10.1111/1468-0335.00167)
Muscatelli, V. A. and Tirelli, P. (1998) Credibility and monetary policy in a model with growth. Oxford Economic Papers, 50(4), pp. 644-662. (doi: 10.1093/oep/50.4.644)
Muscatelli, A. (1998) Optimal inflation contracts and inflation targets with uncertain central bank preferences: Accountability through independence? Economic Journal, 108(447), pp. 529-542. (doi: 10.1111/1468-0297.00302)
Muscatelli, V. A. (1998) Political consensus, uncertain preferences, and central bank independence. Oxford Economic Papers, 50(3), pp. 412-430.
Malley, J. and Muscatelli, V. A. (1997) Productivity shocks and employment: evidence from US industrial data. Economics Letters, 57(1), pp. 97-105. (doi: 10.1016/S0165-1765(97)81885-X)
Muscatelli, V. A. and Spinelli, F. (1996) Gibson's paradox and policy regimes: a comparison of the experience in the US, UK and Italy. Scottish Journal of Political Economy, 43(4), pp. 468-492. (doi: 10.1111/j.1467-9485.1996.tb00858.x)
Muscatelli, V. A. and Spinelli, F. (1996) Modeling monetary trends in Italy using historical data: the demand for broad money 1861-1990. Economic Inquiry, 34(3), pp. 579-596. (doi: 10.1111/j.1465-7295.1996.tb01398.x)
Hurn, A.S. and Muscatelli, V. A. (1996) Modelling the demand for M4 in the U.K. Manchester School, 64(1), pp. 70-78. (doi: 10.1111/j.1467-9957.1996.tb01248.x)
Muscatelli, A. and Hunter, L. (1995) Editors‘ introduction: contemporary labour market issues. Scottish Journal of Political Economy, 42(3), pp. 241-249. (doi: 10.1111/j.1467-9485.1995.tb01157.x)
Muscatelli, A. (1995) Review of: Rational Expectations Macroeconomics: An Introductory Handbook by Patrick Minford. Economica, 62(246), pp. 272-273. (doi: 10.2307/2554909)
Muscatelli, V. A., Stevenson, A. A. and Montagna, C. (1995) Modeling aggregate manufactured exports for some Asian newly industrialized economies. Review of Economics and Statistics, 77(1), pp. 147-155. (doi: 10.2307/2110000)
Muscatelli, V.A., Stevenson, A.A. and Montagna, C. (1995) An analysis of the disaggregated manufacturing exports of the Asian NIEs to EEC, USA and Japan. Applied Economics, 27(1), pp. 17-24. (doi: 10.1080/00036849500000003)
Muscatelli, V. A. (1994) Demand and supply factors in the determination of NIE exports: a reply. Economic Journal, 104(427), pp. 1415-1417. (doi: 10.2307/2235457)
Muscatelli, V.A., Stevenson, A.A. and Montagna, C. (1994) Intra-NIE competition in exports of manufactures. Journal of International Economics, 37(1-2), pp. 29-47. (doi: 10.1016/0022-1996(94)90023-X)
Muscatelli, V.A., Srinivasan, T.G. and Vines, D. (1994) The empirical modelling of NIE exports: an evaluation of different approaches. Journal of Development Studies, 30(2), pp. 279-302. (doi: 10.1080/00220389408422316)
Hurn, A. S. and Muscatelli, V. A. (1992) Testing superexogeneity: the demand for broad money in the UK. Oxford Bulletin of Economics and Statistics, 54(4), pp. 543-556. (doi: 10.1111/j.1468-0084.1992.mp54004004.x)
Muscatelli, V.A., Srinivasan, T.G. and Vines, D. (1992) Demand and supply factors in the determination of NIE exports: a simultaneous error-correction model for Hong Kong. Economic Journal, 102(415), pp. 1467-1477. (doi: 10.2307/2234801)
Muscatelli, A. (1992) Review of: Money in Britain: Monetary Policy, Innovation and Europe, by Michael Artis and Mervyn Lewis. Manchester School, 60(3), pp. 320-322. (doi: 10.1111/j.1467-9957.1992.tb00467.x)
Hurn, A. S. and Muscatelli, V. A. (1992) The long-run properties of the demand for M3 in South Africa. South African Journal of Economics, 60(2), pp. 93-101. (doi: 10.1111/j.1813-6982.1992.tb01024.x)
Muscatelli, V. A. and Hurn, S. (1992) Cointegration and dynamic time series models. Journal of Economic Surveys, 6(1), pp. 1-43. (doi: 10.1111/j.1467-6419.1992.tb00142.x)
Muscatelli, V.A. and Vines, D. (1991) Third World debt and macroeconomic interactions between the North and South. Journal of Development Studies, 27(3), pp. 146-166. (doi: 10.1080/00220389108422207)
Muscatelli, V. A. and Papi, L. (1990) Cointegration, financial innovation and modelling the demand for money in Italy. Manchester School, 58(3), pp. 242-259. (doi: 10.1111/j.1467-9957.1990.tb00421.x)
Muscatelli, V. A. (1990) Monetary targets, buffer stock money and money market dynamics. Scottish Journal of Political Economy, 37(2), pp. 166-183. (doi: 10.1111/j.1467-9485.1990.tb00579.x)
Muscatelli, V. A. (1989) A comparison of the ‘rational expectations’ and ‘general-to-specific’ approaches to modelling the demand for M1. Oxford Bulletin of Economics and Statistics, 51(4), pp. 353-375. (doi: 10.1111/j.1468-0084.1989.mp51004001.x)
Muscatelli, V.A. (1988) Alternative models of buffer stock money: an empirical investigation. Scottish Journal of Political Economy, 35(1), pp. 1-21. (doi: 10.1111/j.1467-9485.1988.tb01027.x)
Book Sections
Muscatelli, A. (2022) Economic factors and constitution-making: a two-way relationship. In: Cremades, J. and Hermida, C. (eds.) Encyclopedia of Contemporary Constitutionalism. Springer: Cham. ISBN 9783319317397 (doi: 10.1007/978-3-319-31739-7_134-1)
Maclennan, D. , Waite, D. and Muscatelli, A. (2017) Cities in the Scottish economy: patterns, policies and potentials. In: Gibb, K., Maclennan, D., McNulty, D. and Comerford, M. (eds.) The Scottish Economy: A Living Book. Routledge: Abingdon ; New York, pp. 88-103. ISBN 9781138960916 (doi: 10.4324/9781315660097-7)
Conroy, J. C. and Muscatelli, A. (2013) The future of Scottish higher education. In: Bryce, T.G.K., Hulmes, W.M., Gillies, D. and Kennedy, A. (eds.) Scottish Education. 4th Edition. Edinburgh University Press: Edinburgh, pp. 1034-1044. ISBN 9780748645824
Muscatelli, A., Ropele, T. and Tirelli, P. (2008) Macroeconomic adjustment in the Euro area: the role of fiscal policy. In: Farina, F. and Tamborini, R. (eds.) Macroeconomic Policy in the European Monetary Union: From the Old to the New Stability and Growth Pact. Series: Routledge studies in the European economy. Routledge, pp. 45-70. ISBN 9780415429009
Muscatelli, V. A., Tirelli, P. and Trecroci, C. (2004) Monetary and fiscal policy interactions over the cycle: some empirical evidence. In: Beetsma, R., Favero, C., Missale, A., Muscatelli, V. A., Natale, P. and Tireli, P. (eds.) Monetary Policy, Fiscal Policies and Labour Markets: Macroeconomic Policymaking in the EMU. Cambridge University Press: Cambridge ; New York, pp. 256-296. ISBN 9780521823081 (doi: 10.1017/CBO9780511492389.011)
Muscatelli, V.A. and Trecroci, C. (2002) Central bank goals, institutional change and monetary policy: evidence from the United States and the United Kingdom. In: Mahadeva, L. and Sinclair, P. (eds.) Monetary Transmission in Diverse Economies. Cambridge, pp. 100-126. ISBN 9780521813464
Malley, J. R. , Muscatelli, V. A. and Woitek, U. (2000) The interaction between business cycles and productivity growth: evidence from us industrial data. In: van Ark, B., Kuipers, S. K. and Kuper, G. H. (eds.) Productivity, Technology and Economic Growth. Kluwer Academic Publishers, pp. 131-157. ISBN 9780792379607 (doi: 10.1007/978-1-4757-3161-3_5)
Currie, D., Vines, D., Moutos, T., Muscatelli, A. and Vidalis, N. (1988) North-South interactions: a general-equilibrium framework for the study of strategic issues. In: Currie, D. and Vines, D. (eds.) Macroeconomic Interactions Between North and South. Cambridge University Press: Cambridge, pp. 65-105. ISBN 9780521361217
Book Reviews
Hurn, A. S., Moody, T. and Muscatelli, V. A. (1995) The term structure of interest rates in the London interbank market. Oxford Economic Papers, 47(3), pp. 418-436. [Book Review]
Muscatelli, A. (1993) Review of: Establishing a Central Bank: Issues in Europe and Lessons from the US. Edited by Matthew B. Canzoneri, Vittorio Grilli and Paul R. Masson. Manchester School, 61(1), pp. 100-101. (doi: 10.1111/j.1467-9957.1993.tb00226.x)[Book Review]
Muscatelli, V. A. (1989) Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia and Mexico. Economic Journal, 99(398), pp. 1217-1220. (doi: 10.2307/2234115)[Book Review]
Muscatelli, V. A. (1988) The Long-Run behavior of the Velocity of Circulation: The International Evidence. Economic Journal, 98(393), pp. 1234-1236. (doi: 10.2307/2233745)[Book Review]
Edited Books
Beetsma, R., Favero, C., Missale, A., Muscatelli, V. A., Natale, P. and Tireli, P. (Eds.) (2004) Monetary Policy, Fiscal Policies and Labour Markets: Macroeconomic Policymaking in the EMU. Cambridge University Press: Cambridge ; New York. ISBN 9780521823081
Conference Proceedings
Li, Y. , Ng, K.C., Häußler, A., Chow, V. and Muscatelli, A. (1995) Macroeconomics modelling on UK GDP growth by neural computing. In: IFAC/IFIP/IFORS/SEDC Symp. Modelling and Control of National and Regional Economies, Gold Coast, Australia, 2-5 July 1995,
Website
Roy, G. , Muscatelli, A. and Waite, D. (2024) The 2024 Budget and regional productivity. [Website]