Publications
Books | Articles
in Refereed Journals | Working Papers
| Book Chapters | Book Reviews
| Other Publications
Books
With Rob Roy McGregor and Todd
Vermilyea.
Committee Decisions on Monetary Policy: Evidence from Historical
Records of the Federal Open Market Committee
Cambrige, MA: MIT Press, 2005.
Articles
in Refereed Journals
With Paolo Guimarães and Orgul
Ozturk,
“Confessions of an Internet Monopolist:
Demand Estimation for a Versioned Information Good,”
Managerial and Decision Economics, forthcoming.
See online supplements for this article.
With Rob Roy McGregor and Todd
Vermilyea, "Regional
Economic Conditions and Monetary Policy," European Journal of
Political Economy, 24 (June 2008), pp. 283-293.
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from Science Direct -- Subscription Required
With Rob Roy McGregor and Todd Vermilyea
"The
Persuasive Power of a Committee Chairman: Arthur Burns and the FOMC."
Public Choice, 132 (July 2007), pp. 103-112.
Data
Archive for this paper.
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from Springer -- Subscription Required.
With Rob Roy McGregor and Todd Vermilyea
"The
Role of the Bias in Crafting Consensus: FOMC Decision-Making in the
Greenspan Era."
International Journal of Central Banking, 3 (June 2007), pp. 39-60.
With Souren Soumbatiants and Eric Johnson
"Using
State Polls to Forecast U.S. Presidential Election Outcomes"
Public Choice 127:1-2 (April 2006), pp. 207-223.
With Rob Roy McGregor and Todd Vermilyea
"Majority Rule, Consensus
Building, and the Power of the Chairman: Arthur Burns and the FOMC"
Journal of Money, Credit and Banking 3 (June 2004), 407-422.
Data Appendix for this Paper.
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from JSTOR -- Subscription Required.
With Rob Roy
McGregor
"Did Time Consistency
Contribute to the Great Inflation? Evidence from the FOMC Transcripts"
Economics and Poliltics 16 (November 2004), pp. 233-251
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from Ebsco -- Subscription Required.
With
Linda Veiga
“Politics
and Unemployment in Industrialized Democracies”
Public Choice, 110 (March 2002),
pp.261-282.
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from Springer -- Subscription Required.
With Linda
Veiga
“Economics and Elections in Western
Europe: 1960-1997”
Electoral Studies,
19 (June 2000), pp. 183-197.
Data Appendix to the paper.
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from Science Direct -- Subscription Required.
With
Rob Roy McGregor,
“A Long History of FOMC
Voting”
Southern Economic Journal, 66 (April 2000), pp. 906-922.
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via JSTOR -- Subscription Required.
With Lloyd
Brown
“Forecasting Presidential Elections
Using History and Polls”
International
Journal of Forecasting, 15 (April 1999), pp. 127-135.
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from Science Direct - Subscription Required.
With Rob Roy McGregor and Thomas
Havrilesky
“Monetary Policy Preferences of Individual FOMC Members: A Content
Analysis of the Memoranda of Discussion”
Review
of Economics and Statistics, 79 (August 1997), pp. 454-460.
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from JSTOR -- Subscription Required.
With Motoshi
Suzuki
“The Rationality of Voting Revisited”
Journal of Politics, 58
(February 1996), pp. 224-236.
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via JSTOR -- Subscription Required.
With Rob Roy McGregor and Thomas
Havrilesky
“Policymakers, Institutions, and Central Bank Decisions”
Journal
of Economics and Business, special issue on “Central Banking at a
Crossroads,” 47 (May 1995), pp. 113-136.
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from Science Direct -- Subscription Required.
“Campaign Advertising and Political Ambiguity,”
Public
Choice, 79, (Nos. 3-4, 1994), pp. 281-304.
With Rob McGregor and Thomas
Havrilesky
“Partisan
Monetary Policies: Presidential Influence through the Power of Appointment”
Quarterly
Journal of Economics, 108 (February 1993), pp. 185-218.
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via JSTOR -- Subscription Required.
With Motoshi
Suzuki
“Aggregate Vote Functions for
Presidential, Senate, and House Elections”
Journal
of Politics, 55 (February 1993), pp. 207-217.
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via JSTOR -- Subscription Required.
With Daniel Richards and David C.
Cheng
“Liquidity,
Tobin's q and Corporate Investment”
The
Review of Business Studies, 1 (1992 1), pp. 45-56.
“Economic Performance, Voting, and Political Support,”
Review of Economics and Statistics, 72, (May 1990) pp. 313-320.
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via JSTOR -- Subscription Required.
With William R.
Keech
“The Unemployment Rate
Consequences of Partisan Monetary Policies”
Southern Economic Journal, 55,
(July 1988) pp. 107-122.
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via JSTOR -Subscription Required.
With William R.
Keech
“Policy Motivation and Party
Differences: A Dynamic Spatial
Model of Party Competition”
American
Political Science Review, 80, (September 1986) pp. 881-899.
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via JSTOR -Subscription Required.
With John T. Addison and Alberto
Castro
“Output-Inflation Tradeoffs in Thirty-four Countries”
Journal of Economics and Business,
38, (1986) pp. 353-360.
With William R.
Keech
“Party Differences in
Macroeconomic Policies and Outcomes”
American
Economic Review Papers and Proceedings, 76, (May 1986) pp. 71-74.
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via JSTOR -Subscription Required.
With Ronald P.
Wilder
“Multiproduct Monopoly,
Regulation, and Firm Costs: Comment”
Southern Economic Journal, 52, (April 1986) pp. 1168-74.
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via JSTOR -Subscription Required.
With Ronald P. Wilder and Jane
Pietrowski
“R and D,
Firm Size, and Concentration: Evidence
from the FTC Line of Business Survey”
Quarterly
Journal of Business and Economics, 25, (Spring 1986) pp. 32-50.
With William R.
Keech
“A New View of Political
Accountability for Economic Performance”
American Political Science Review,
79, (June 1985) pp. 10-27.
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via JSTOR -Subscription Required.
With William R.
Keech
“The Political Viability of
Rule-based Monetary Policy”
Public
Choice, 46, (No. 2 1985) pp. 125-140.
With John T.
Addison
“Relative Prices, Concentration, and Money Growth:
Reply”
American Economic Review,
75, (March 1985) pp. 281-3.
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via JSTOR -Subscription Required.
With David C.
Cheng
“Firms' Acquisition Decisions and
Tobin's q Ratio"
Journal of Economics and
Business, (January 1984).
Reprinted in:
Gregory Marchildon, ed.
International
Library of Critical Writings in Business History: Mergers and Acquisitions,
Edward Elgar.
With John T.
Addison
“Relative Prices, Concentration, and Money Growth”
American Economic
Review, 73 (December 1983), pp. 1122-6.
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via JSTOR -Subscription Required.
"Economic Performance and Presidential Popularity:
Are Voters Really So Naive?"
Review of Economics and Statistics, 65 (August 1983), pp. 385-92.
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via JSTOR -Subscription Required.
With Im Koo Park and William
Marks
“Measuring Entry
Barriers Using a Switching Regression Model of Industry Profitability”
Southern
Economic Journal, 49 (April 1983), pp. 991-1001.
With William R.
Keech
“Welfare Consequences of the Six
Year Presidential Term Evaluated in the Context of a Model of the U.S. Economy”
American Political Science Review, 77 (March 1983), pp. 75-91.
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via JSTOR -Subscription Required.
With David C.
Cheng
“Expectations, Tobin's q, and
Investment: A Note”
Journal
of Finance, 37 (March 1982), pp. 77-83.
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via JSTOR -Subscription Required.
“Campaign Contributions and Congressional Voting:
A Simultaneous Probit-Tobit Model”
Review
of Economics and Statistics, 64 (February 1982), pp. 77-83.
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via JSTOR -Subscription Required.
“Conflict of Interest and Congressional Voting: A
Note”
Public Choice, 37 (1981), pp.
331-5.
“Campaign Contributions and Voting on the Cargo
Preference Bill: A Comparison of
Simultaneous Models”
Public
Choice, 36 (1981), pp. 301-12.

Working
Papers
With Todd Vermilyea and Rob Roy McGregor, “Learning and Bandwagons in Monetary Policy Committees.”
October, 2009.
With Todd Vermilyea and Rob Roy McGregor, “An Econometric Model of Monetary Policy Decision-Making with Applications to the United Kingdom and
Sweden.” July, 2009.
With Ricardo Cabral and Corrado Andini, “Prices and Price-Cost Margins for Mobile Voice Operators,” in progress.

Book
Chapters
"Monetary Politics."Entry Prepared for the Encyclopedia of
Public Choice, Charles Rowley and Friedrich Schneider, eds.,
Springer 2004.
"Forecasting Presidential
Elections in the United States."Entry Prepared for the Encyclopedia of
Public Choice, Charles Rowley and Friedrich Schneider, eds.,
Springer 2004.
With William
Keech
“The Economic Conservatism of the
Reagan Administration: Notes for a
Theory of Party Differences, Partisan Change and Electoral Accountability,”
In
Allan Kornberg, Barry Cooper, and William Mishler eds.,
Resurgence of Conservatism in Anglo-American Democracies
Duke
University Press, 1988. pp.
387-403.
With William R.
Keech
“Electoral Institutions in The
Federalist Papers: A
Contemporary Perspective,”
In Bernard Groffman and Donald Wittman, eds
The Federalist Papers and the New Institutionalism
Agathon Press, 1989. pp. 39-52.
With William
Keech
“Citizen Information, Rationality,
and the Politics of Macroeconomic Policy,”
In John Ferejohn and James H. Kuklinski, eds.
Information and
Democratic Processes
University of Illinois Press.
With William R.
Keech
“Explaining Aggregate Evaluations
of Economic Performance,”
In Jean Dominique
Lafay, Michael Lewis-Beck, and
Helmut Norpoth, eds.
Economics and
Politics: The Calculus of Support
University of Michigan Press, 1991. pp. 207-220.

Book
Reviews
Review
of Congress, the President, and the Federal Reserve: The Politics of American
Monetary Policy-Making
By Irwin R. Morris
Public Choice
106 (Nos. 3-4, March 2001), pp. 399-403.
Review of Congress
and the Rent-Seeking Society
By Glenn R. Parker
Public Choice 93 (Nos. 1-2, October 1997), pp.205-208.
Review of Runoff
Elections in the United States,
By Charles S. Bullock III and Loch K. Johnson
Public Choice
77 (No. 2,
October 1993) pp. 464-466.
Other
Publications
With Thomas N. Havrilesky and Rob Roy
McGregor
“Congress Threatens the Fed”
Challenge,
36 (March-April 1993), pp. 50-57.
With Ronald P.
Wilder
“Structural Change and the
Textile and Apparel Industries”
Chapter 2 in South
Carolina: an Economy in Transition
Division of Research Monograph, College of Business, University of South
Carolina.
“Partisan
Strokes”
Business
and Economic Review, 34 (April - June 1988), pp. 14-17.