Details about Campbell Leith

Homepage:	http://www.gla.ac.uk/schools/business/staff/campbellleith/
Phone:	0141 330 3702
Postal address:	Department of Economics, University of Glasgow, Adam Smith Building, Glasgow, Scotland, G12 8RT
Workplace:	Department of Economics, Adam Smith Business School, University of Glasgow, (more information at EDIRC)

Access statistics for papers by Campbell Leith.

Last updated 2024-11-06. Update your information in the RePEc Author Service.

Short-id: ple41

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Working Papers

2024

1. Central Bank Independence, Government Debt and the Re-Normalization of Interest Rates
   Working Papers, Business School - Economics, University of Glasgow
2. Equity versus Efficiency: Optimal Monetary and Fiscal Policy in a HANK Economy
   Working Papers, Business School - Economics, University of Glasgow

2023

3. Evaluating Fiscal Policy Reforms using the Fiscal Frontier
   JRC Working Papers on Taxation & Structural Reforms, Joint Research Centre
   See also Journal Article Evaluating fiscal policy reforms using the fiscal frontier, Journal of Economic Dynamics and Control, Elsevier (2023) (2023)

2020

4. Strategic Interactions in U.S. Monetary and Fiscal Policies
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article Strategic interactions in U.S. monetary and fiscal policies, Quantitative Economics, Econometric Society (2022) View citations (10) (2022)

2019

5. Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in Working Papers, Business School - Economics, University of Glasgow (2016) View citations (10)
   See also Journal Article Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy, Journal of Monetary Economics, Elsevier (2021) View citations (11) (2021)
6. U.S. Monetary and Fiscal Policies - Conflict or Cooperation?
   Working Papers, Business School - Economics, University of Glasgow View citations (5)
   Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2015) View citations (12)
   Working Papers, Business School - Economics, University of Glasgow (2015) View citations (9)

2018

7. Debt Sustainability and Welfare along an Optimal Laffer Curve
   Department of Economics Working Papers, Durham University, Department of Economics
   Also in Working Papers, Business School - Economics, University of Glasgow (2018)
8. Sovereign Default and Monetary Policy Tradeoffs
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)
   See also Journal Article Sovereign Default and Monetary Policy Tradeoffs, International Journal of Central Banking, International Journal of Central Banking (2018) View citations (7) (2018)

2016

9. Understanding Inflation as a Joint Monetary-Fiscal Phenomenon
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (74)
   Also in Working Papers, Business School - Economics, University of Glasgow (2016) View citations (74)

2015

10. Nominal Targeting in an Economy with Government Debt
    Working Papers, Business School - Economics, University of Glasgow
    See also Journal Article Nominal targeting in an economy with government debt, European Economic Review, Elsevier (2017) View citations (3) (2017)

2014

11. An Empirical Assessment of Optimal Monetary Policy Delegation in the Euro Area
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics View citations (13)
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2014) View citations (4)
    Working Papers, Business School - Economics, University of Glasgow (2014) View citations (2)
12. The Inflation Bias under Calvo and Rotemberg Pricing
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (9)
    Also in Working Papers, Business School - Economics, University of Glasgow (2014) View citations (10)
    See also Journal Article The inflation bias under Calvo and Rotemberg pricing, Journal of Economic Dynamics and Control, Elsevier (2016) View citations (9) (2016)

2013

13. How Optimal is US Monetary Policy?
    Stirling Economics Discussion Papers, University of Stirling, Division of Economics View citations (15)
    Also in Working Papers, Business School - Economics, University of Glasgow (2013) View citations (13)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013) View citations (20)
    See also Journal Article How optimal is US monetary policy?, Journal of Monetary Economics, Elsevier (2017) View citations (21) (2017)
14. Uncertain Fiscal Consolidations
    Staff Working Papers, Bank of Canada View citations (116)
    Also in Working Papers, Business School - Economics, University of Glasgow (2012) View citations (30)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (16)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2012) View citations (7)
    See also Journal Article Uncertain Fiscal Consolidations, Economic Journal, Royal Economic Society (2013) View citations (111) (2013)

2012

15. Fiscal Sustainability in a New Keynesian Model
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (2)
    Also in Working Papers, Business School - Economics, University of Glasgow (2008) View citations (21)
    Economics Series Working Papers, University of Oxford, Department of Economics (2007) View citations (34)
    WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London (2006) View citations (9)
    See also Journal Article Fiscal Sustainability in a New Keynesian Model, Journal of Money, Credit and Banking, Blackwell Publishing (2013) View citations (28) (2013)
16. Fiscal Sustainability in a New Keynesian Model - Additional Appendix
    Working Papers, Business School - Economics, University of Glasgow View citations (2)
17. Online Appendix to "Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption"
    Online Appendices, Review of Economic Dynamics View citations (35)
    See also Journal Article Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (50) (2012)

2011

18. Debt Stabilization in a Non-Ricardian Economy
    Economics Series Working Papers, University of Oxford, Department of Economics View citations (5)
    Also in Working Papers, Business School - Economics, University of Glasgow (2011) View citations (1)
    See also Journal Article DEBT STABILIZATION IN A NON-RICARDIAN ECONOMY, Macroeconomic Dynamics, Cambridge University Press (2019) (2019)

2010

19. Discretionary Policy in a Monetary Union with Sovereign Debt
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (2)
    Also in Working Papers, Business School - Economics, University of Glasgow (2010) View citations (2)
    See also Journal Article Discretionary policy in a monetary union with sovereign debt, European Economic Review, Elsevier (2011) View citations (17) (2011)

2009

20. Electoral Uncertainty and the Deficit Bias in a New Keynesian Economy
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (3)
    Also in CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2008) View citations (1)
    Working Papers, Business School - Economics, University of Glasgow (2009) View citations (1)
21. Electoral Uncertainty, the Deficit Bias and the Electoral Cycle in a New Keynesian Economy
    Economics Series Working Papers, University of Oxford, Department of Economics View citations (1)
22. Monetary and Fiscal Policy under Deep Habits
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis View citations (5)
    Also in Working Papers, Business School - Economics, University of Glasgow (2009) View citations (13)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2009) View citations (5)
    See also Journal Article Monetary and fiscal policy under deep habits, Journal of Economic Dynamics and Control, Elsevier (2015) View citations (11) (2015)
23. Optimal monetary policy in a new Keynesian model with habits in consumption
    Working Paper Series, European Central Bank View citations (20)
    Also in Working Papers, Business School - Economics, University of Glasgow (2008) View citations (5)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2008)
    See also Journal Article Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (50) (2012)
24. When is Monetary Policy All we Need?
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (22)
    Also in Working Papers, Business School - Economics, University of Glasgow (2009) View citations (23)

2007

25. The Optimal Monetary Policy Response to Exchange Rate Misalignments
    Economics Series Working Papers, University of Oxford, Department of Economics View citations (5)
    Also in CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2006) View citations (12)

2006

26. Fiscal Stabilisation Policy and Fiscal Institutions
    WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London View citations (1)
    See also Journal Article Fiscal Stabilization Policy and Fiscal Institutions, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2005) View citations (10) (2005)
27. Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers
    Working Paper Series, European Central Bank View citations (6)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (13)
    Working Papers, Business School - Economics, University of Glasgow (2006) View citations (5)
    See also Journal Article Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers, Journal of Economic Theory, Elsevier (2008) View citations (51) (2008)
28. The Costs of Fiscal Inflexibility
    WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London View citations (6)
29. The Costs of Fiscal Inflexibility - Extended
    Working Papers, Business School - Economics, University of Glasgow View citations (3)

2005

30. Fiscal Policy as a Stabilisation Device for an Open Economy Inside or Outside EMU
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis

2004

31. Should the Exchange Rate be in the Monetary Policy Objective Function?
    Working Papers, Business School - Economics, University of Glasgow View citations (3)

2003

32. A Sectoral Analysis of Price-Setting Behavior in US Manufacturing Industries
    Working Papers, Business School - Economics, University of Glasgow View citations (10)
    Also in CESifo Working Paper Series, CESifo (2003) View citations (10)
    See also Journal Article A Sectoral Analysis of Price-Setting Behavior in U.S. Manufacturing Industries, The Review of Economics and Statistics, MIT Press (2007) View citations (30) (2007)
33. Estimated Open Economy New Keynesian Phillips Curves for the G7
    CESifo Working Paper Series, CESifo View citations (16)
    Also in Working Papers, Business School - Economics, University of Glasgow (2002) View citations (16)
    See also Journal Article Estimated Open Economy New Keynesian Phillips Curves for the G7, Open Economies Review, Springer (2007) View citations (50) (2007)
34. Fiscal Policy, Macroeconomic Stability and Finite Horizons
    Working Papers, Business School - Economics, University of Glasgow View citations (1)
    See also Journal Article FISCAL POLICY, MACROECONOMIC STABILITY AND FINITE HORIZONS, Scottish Journal of Political Economy, Scottish Economic Society (2006) View citations (7) (2006)
35. Interactions Between Monetary and Fiscal Policy Under Flexible Exchange Rates
    Royal Economic Society Annual Conference 2003, Royal Economic Society
    Also in Working Papers, Business School - Economics, University of Glasgow View citations (12)
    See also Journal Article Interactions between monetary and fiscal policy under flexible exchange rates, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (16) (2008)

2002

36. Compatibility Between Monetary and Fiscal Policy Under EMU
    Royal Economic Society Annual Conference 2002, Royal Economic Society View citations (15)
    Also in Working Papers, Business School - Economics, University of Glasgow View citations (10)
    See also Journal Article Compatibility between monetary and fiscal policy under EMU, European Economic Review, Elsevier (2006) View citations (26) (2006)
37. Estimated General Equilibrium Models for the Evaluation of Monetary Policy in the US and Europe
    CESifo Working Paper Series, CESifo View citations (50)
    Also in Working Papers, Business School - Economics, University of Glasgow (2002) View citations (44)
    See also Journal Article Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe, European Economic Review, Elsevier (2005) View citations (73) (2005)
38. Taylor Rules in the Open Economy
    Working Papers, Business School - Economics, University of Glasgow View citations (2)
    Also in Discussion Papers, University of Exeter, Department of Economics (2002) View citations (7)
    See also Journal Article Taylor rules in the open economy, European Economic Review, Elsevier (2009) View citations (8) (2009)

2001

39. Unemployment and the Productivity Slowdown: A Labour Supply Perspective
    Working Papers, Business School - Economics, University of Glasgow View citations (2)
40. Wage Inequality and the Effort Incentive Effects of Technical Progress
    Working Papers, Business School - Economics, University of Glasgow View citations (1)
41. Wage Inequality and the Effort Incentive Effects of Technological Progress
    CESifo Working Paper Series, CESifo View citations (2)

1999

42. Interactions between Monetary Policy and Fiscal Fiscal Rules
    Discussion Papers, University of Exeter, Department of Economics View citations (13)

1998

43. A Note on the Determinants of UK Business Cycles
    Discussion Papers, University of Exeter, Department of Economics
44. Aggregate Investment, Tobin's q and Insolvency
    Discussion Papers, University of Exeter, Department of Economics View citations (2)

1997

45. Interest Rate Feedback Rules in an Open Economy with Forward Looking Inflation
    Discussion Papers, University of Exeter, Department of Economics View citations (1)
    See also Journal Article Interest Rate Feedback Rules in an Open Economy with Forward Looking Inflation, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2001) View citations (3) (2001)
46. Interest Rates and the Price Level
    Discussion Papers, University of Exeter, Department of Economics View citations (1)

Journal Articles

2023

1. Evaluating fiscal policy reforms using the fiscal frontier
   Journal of Economic Dynamics and Control, 2023, 155, (C)
   See also Working Paper Evaluating Fiscal Policy Reforms using the Fiscal Frontier, JRC Working Papers on Taxation & Structural Reforms (2023) (2023)

2022

2. Strategic interactions in U.S. monetary and fiscal policies
   Quantitative Economics, 2022, 13, (2), 593-628 View citations (10)
   See also Working Paper Strategic Interactions in U.S. Monetary and Fiscal Policies, NBER Working Papers (2020) View citations (1) (2020)

2021

3. Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy
   Journal of Monetary Economics, 2021, 117, (C), 600-617 View citations (11)
   See also Working Paper Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy, NBER Working Papers (2019) View citations (5) (2019)
4. POLITICAL CONFLICT AND BARGAINING IN A NEW KEYNESIAN MODEL OF FISCAL STABILIZATION
   Macroeconomic Dynamics, 2021, 25, (8), 2128-2179

2019

5. DEBT STABILIZATION IN A NON-RICARDIAN ECONOMY
   Macroeconomic Dynamics, 2019, 23, (6), 2509-2543
   See also Working Paper Debt Stabilization in a Non-Ricardian Economy, Economics Series Working Papers (2011) View citations (5) (2011)

2018

6. Sovereign Default and Monetary Policy Tradeoffs
   International Journal of Central Banking, 2018, 14, (3), 289-324 View citations (7)
   See also Working Paper Sovereign Default and Monetary Policy Tradeoffs, Research Working Paper (2018) View citations (5) (2018)

2017

7. An empirical assessment of Optimal Monetary Policy in the Euro area
   European Economic Review, 2017, 100, (C), 95-115 View citations (4)
8. How optimal is US monetary policy?
   Journal of Monetary Economics, 2017, 92, (C), 96-111 View citations (21)
   See also Working Paper How Optimal is US Monetary Policy?, Stirling Economics Discussion Papers (2013) View citations (15) (2013)
9. Nominal targeting in an economy with government debt
   European Economic Review, 2017, 94, (C), 103-125 View citations (3)
   See also Working Paper Nominal Targeting in an Economy with Government Debt, Working Papers (2015) (2015)

2016

10. The inflation bias under Calvo and Rotemberg pricing
    Journal of Economic Dynamics and Control, 2016, 73, (C), 283-297 View citations (9)
    See also Working Paper The Inflation Bias under Calvo and Rotemberg Pricing, SIRE Discussion Papers (2014) View citations (9) (2014)

2015

11. Monetary and fiscal policy under deep habits
    Journal of Economic Dynamics and Control, 2015, 52, (C), 55-74 View citations (11)
    See also Working Paper Monetary and Fiscal Policy under Deep Habits, CDMA Conference Paper Series (2009) View citations (5) (2009)

2013

12. Fiscal Sustainability in a New Keynesian Model
    Journal of Money, Credit and Banking, 2013, 45, (8), 1477-1516 View citations (28)
    Also in Journal of Money, Credit and Banking, 2013, 45, (8), 1477-1516 (2013) View citations (5)
    See also Working Paper Fiscal Sustainability in a New Keynesian Model, SIRE Discussion Papers (2012) View citations (2) (2012)
13. Uncertain Fiscal Consolidations
    Economic Journal, 2013, F31-F63 View citations (111)
    See also Working Paper Uncertain Fiscal Consolidations, Staff Working Papers (2013) View citations (116) (2013)

2012

14. Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption
    Review of Economic Dynamics, 2012, 15, (3), 416-435 View citations (50)
    See also Working Paper Optimal monetary policy in a new Keynesian model with habits in consumption, Working Paper Series (2009) View citations (20) (2009)
    Working Paper Online Appendix to "Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption", Online Appendices (2012) View citations (35) (2012)
    Software Item Code files for "Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption", Computer Codes (2012) (2012)

2011

15. Discretionary policy in a monetary union with sovereign debt
    European Economic Review, 2011, 55, (1), 93-117 View citations (17)
    See also Working Paper Discretionary Policy in a Monetary Union with Sovereign Debt, SIRE Discussion Papers (2010) View citations (2) (2010)

2010

16. UNEMPLOYMENT AND THE PRODUCTIVITY SLOWDOWN: AN EFFCIENCY WAGE PERSPECTIVE
    The Japanese Economic Review, 2010, 61, (3), 301-319 View citations (6)

2009

17. Monetary and Fiscal Policy Interaction: The Current Consensus Assignment in the Light of Recent Developments
    Economic Journal, 2009, 119, (541), F482-F496 View citations (50)
    Also in Economic Journal, 2009, 119, (541), F482-F496 (2009) View citations (58)
18. Taylor rules in the open economy
    European Economic Review, 2009, 53, (8), 971-995 View citations (8)
    See also Working Paper Taylor Rules in the Open Economy, Working Papers (2002) View citations (2) (2002)

2008

19. Interactions between monetary and fiscal policy under flexible exchange rates
    Journal of Economic Dynamics and Control, 2008, 32, (9), 2854-2882 View citations (16)
    See also Working Paper Interactions Between Monetary and Fiscal Policy Under Flexible Exchange Rates, Royal Economic Society Annual Conference 2003 (2003) (2003)
20. Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers
    Journal of Economic Theory, 2008, 140, (1), 279-313 View citations (51)
    See also Working Paper Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers, Working Paper Series (2006) View citations (6) (2006)

2007

21. A Sectoral Analysis of Price-Setting Behavior in U.S. Manufacturing Industries
    The Review of Economics and Statistics, 2007, 89, (2), 335-342 View citations (30)
    See also Working Paper A Sectoral Analysis of Price-Setting Behavior in US Manufacturing Industries, Working Papers (2003) View citations (10) (2003)
22. Estimated Open Economy New Keynesian Phillips Curves for the G7
    Open Economies Review, 2007, 18, (4), 405-426 View citations (50)
    See also Working Paper Estimated Open Economy New Keynesian Phillips Curves for the G7, CESifo Working Paper Series (2003) View citations (16) (2003)

2006

23. Compatibility between monetary and fiscal policy under EMU
    European Economic Review, 2006, 50, (6), 1529-1556 View citations (26)
    See also Working Paper Compatibility Between Monetary and Fiscal Policy Under EMU, Royal Economic Society Annual Conference 2002 (2002) View citations (15) (2002)
24. FISCAL POLICY, MACROECONOMIC STABILITY AND FINITE HORIZONS
    Scottish Journal of Political Economy, 2006, 53, (1), 72-89 View citations (7)
    See also Working Paper Fiscal Policy, Macroeconomic Stability and Finite Horizons, Working Papers (2003) View citations (1) (2003)
25. INTRODUCTION TO THE SPECIAL ISSUE ON ‘FISCAL POLICY’
    Scottish Journal of Political Economy, 2006, 53, (1), 1-3
26. Should Central Banks Target Consumer Prices or the Exchange Rate?
    Economic Journal, 2006, 116, (512), F208-F231 View citations (52)

2005

27. Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe
    European Economic Review, 2005, 49, (8), 2137-2159 View citations (73)
    See also Working Paper Estimated General Equilibrium Models for the Evaluation of Monetary Policy in the US and Europe, CESifo Working Paper Series (2002) View citations (50) (2002)
28. Fiscal Stabilization Policy and Fiscal Institutions
    Oxford Review of Economic Policy, 2005, 21, (4), 584-597 View citations (10)
    See also Working Paper Fiscal Stabilisation Policy and Fiscal Institutions, WEF Working Papers (2006) View citations (1) (2006)

2004

29. Comments on "Monetary and fiscal interactions in open economies"
    Journal of Macroeconomics, 2004, 26, (2), 349-352 View citations (4)

2003

30. Fiscal policy, interest rate shocks and prices
    Economic Modelling, 2003, 20, (2), 361-382 View citations (4)

2001

31. Interest Rate Feedback Rules in an Open Economy with Forward Looking Inflation
    Oxford Bulletin of Economics and Statistics, 2001, 63, (2), 209-231 View citations (3)
    See also Working Paper Interest Rate Feedback Rules in an Open Economy with Forward Looking Inflation, Discussion Papers (1997) View citations (1) (1997)

2000

32. Interactions between Monetary and Fiscal Policy Rules
    Economic Journal, 2000, 110, (462), C93-108 View citations (168)

1998

33. COMPACT: a rational expectations, intertemporal model of the United Kingdom economy
    Economic Modelling, 1998, 16, (1), 1-52 View citations (10)

1995

34. MODELLING POLICY OPTIONS
    New Economy, 1995, 2, (1), 30-35

Chapters

2016

1. Understanding Inflation as a Joint Monetary–Fiscal Phenomenon
   Elsevier View citations (41)

Software Items

2012

1. Code files for "Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (50) (2012)