I. CEU Courses
Advanced Macroeconomics: Monetary Theory
II. Links
A. Conference Organization:
Local Host 2005 Society of Economic Dynamics Meetings
Conference Website
B. Cardiff University
Website:
http://www.cardiff.ac.uk/carbs/econ/gillmanm/index.html
C. Gillman at IDEAS
http://ideas.repec.org/e/pgi22.html
III. Recent Research Papers
A. Forthcoming
1. Cziraky, Dario and Max Gillman, 2006, "Money Demand in an EU Accession
Country: A VECM Study of
Bulletin of Economic Research, 58(2).
paper
2. Simon Feeney, Max Gillman, and Mark N Harris, 2006, “The Econometric
Accounting of the Australian Corporate Tax Rates: a Firm Panel Example”,
Accounting Research Journal.
B. Published
21. Benk, Szilard, Max
Gillman and Michal Kejak, 2005, "A Comparison of Exchange Economies within
a Monetary Business Cycle"
The
20. Benk, Szilard, Max
Gillman and Michal Kejak, 2005, "Credit Shocks in the Financial
Deregulatory Era: Not the Usual Suspects",
Review of Economic Dynamics.
19. Gillman, Max, and Oleg Yerokhin, 2005, “Ramsey-Friedman Optimality in
a Banking Time Economy”,
http://www.bepress.com/bejm/topics/vol5/iss1/art16
paper
18. Gillman, M. and Michal Kejak, 2005, " Inflation and Balanced-Path
Growth with Alternative Payment Mechanisms",
Economic Journal, Vol 115 (January): 247-270.
17. Gillman, Max, and Michal
Kejak, 2005, “Contrasting Models of the Effect of Inflation on
Growth”,
Journal of Economic Surveys (January).
paper
16. Gillman, Max and Anton Nakov, 2004, “Granger Causality of the
Inflation-Growth Mirror in Accession Countries”,
Economics of Transition, Vol 12, number 4 (December): 653-682.
paper
15. Gillman, Max, and Michal Kejak, 2004, “The Demand for Bank Reserves
and Other Monetary Aggregates”,
Economic Inquiry, July, 42(3):518-533.
paper
14. Gillman, Max, Mark Harris, and Laszlo Matyas, 2004, “Inflation and
Growth: Explaining the Negative Effect”,
Empirical Economics, Vol 29, No. 1, (January): 149-167.
paper
Reprinted in
13. Baltagi, Badi H.(Ed.), 2004,
Studies in Empirical Economics, “Panel Data: Theory and
Applications”, Physica-Verlag.
12. Nakov, T. and Gillman, M., 2004, “Causality of the inflation-growth
mirror in accession countries,” in Stojanov, D. and Culahovic, B., Eds.
From Transition to Development: Globalisation and Political Economy of
Development in Transition Economies. Volume 1;
11. Cziraky, D. and Gillman, M., 2004, “Stable money demand and nominal
money causality of output growth: A multivariate cointegration analysis of
From Transition to Development: Globalisation and Political Economy of
Development in Transition Economies. Volume 1;
10. Gillman, Max, and Anton Nakov, 2003, “A Revised Tobin Effect from
Inflation: Relative Input Price and Capital Ratio Realignments, US and
Economica, Vol 70, No. 279 (August): 439-451.
Working
paper
9. Gillman, Max, 2002, “On Keynes’s Theory of the Aggregate Price
Level in the Treatise: Any Help for Modern Aggregate Analysis?,”
European Journal of the History of Economic Thought, Vol.9, No.3,
September, pp. 430-451.
paper
8. Gillman, M. and Michal Kejak, 2002, "Modeling the Effect of Inflation:
Growth, Levels, and Tobin" in
Proceedings of the 2002 North American Summer Meetings of the Econometric
Society: Money, edited by David K. Levine, William Zame,
Lawrence Ausubel, Pierre-Andre Chiappori, Bryan Ellickson, Ariel Rubinstein and
Larry Samuelson.
Conference Paper
http://www.dklevine.com/proceedings/money.htm
7. Gillman, Max, 2001, “Evaluating Government Policy in Transition
Countries”, in
The Eastern Enlargement of the EU, editors Marek Dabrowski, and Jacek
Rostowski, Kluwer Academic Publishers, London, pp.89-109.
6. Gillman, Max, 2000, "On the Optimality of Restricting Credit:
Inflation-Avoidance and Productivity",
Japanese Economic Review, Vol. 51, No. 3 (September):
375-390.
paper
5. Gillman, Max, 1998, “The Optimality of a Zero Inflation Rate:
Australian Economic Review; Vol.31, No.3, pp.211-223.
paper
4. Gillman, Max, Pierre Siklos and J.Lew Silver, 1997, "Money Velocity
with Costly Credt ”,
Journal of Economic Research, 2: 179-207.
paper
3. Gillman, Max, 1995, "A Comparison of Partial and General Equilibrium
Estimates of the Welfare Cost of Inflation", Contemporary Economic
Policy, vol 13, No 4, October, pp.60-71.
2. Gillman, Max, 1994, "The Welfare Costs of Inflation in a
Cash-in-Advance Model with Costly Credit" (Reprint),
chapter 10 in
The Theory of Inflation, ed. Michael Parkin, The International Library
of Critical Writings in Economics, An Elgar Reference Collection, volume 41,
edited by Mark Blaug, Edwin Elgar, Aldershot, England, pp. 348-366.
1. Gillman, Max, 1993, "The Welfare Costs of Inflation in a
Cash-in-Advance Model with Costly Credit",
Journal of Monetary Economics, vol.31, no.1, pp. 97-116.
paper
C. A Working Paper
Szilard Benk, Max Gillman and Michal Kejak, "Credit Shocks in a Monetary
Business Cycle", 2004.
paper
IV. Positions
- Professor,
· Visiting Fellow, Department of Economics and Business
Statistics,
· Research Associate,
· Professor, Central European University, 2005, currently on
leave; Associate Professor, Department of Economics, Central European
University, Budapest, Hungary, 2000 to 2005; Assistant Professor 1998-2000.
· International Faculty Fellow, Center for Policy Analysis,
· Visiting Researcher, Economics Institute, Academy of the
Sciences of the Czech Republic, Prague, Czech Republic,
September 1997 to August 1998.
· Visiting Fellow, Department of Economics,
· Visiting Research Fellow, The
