Publications in scientific journals

Food prices, government subsidies and fiscal balances, forthcoming in Development Policy Review 31(2) expected in March 2013. This is a revised and updated version of March 2012, co-authored with Ronald Albers, second version was published as Economic Paper in the DG ECFIN series European Economy of the European Commission no 437. Article Cooking up trouble at VOXEU. Earlier version was presented at the Mediterranean Research Meeting of the European University Institute at the workshop organised with Banca d'Italia Finance and Economic Development in the Mediterranean Area: The role of Euro-Mediterranean cooperation. See also citations by among others Ianchovichina, , Loening and Wood (2012) and Jütting (2011).

Demographic changes across the globe - Maintaining social security in ageing economies, 2012, World Economics 13(2), as working paper published under the same title in the EERI series, November 2011, co-authored with Loek Groot. Article Will EU-countries co-finance their ageing costs? (In Dutch: Gaan de Polen en de Grieken straks van ons geld met pensioen?), Me Judice on 7 November 2011.

1. The impact of exchange rate volatility on trade integration among North and South Mediterranean countries, 2012, co-authored with Nidal R. Sabri and Diama K. Abulaban, forthcoming in International Journal of Business and Globalisation.

Modelling unemployment in the presence of excess labour supply: An application to Egypt, Journal of Economics and Econometrics, December 2011 54(2):58-92. Appeared also as working paper titled Demographic pressure, excess labour supply and public-private sector employment in Egypt - Modelling labour supply to analyse the response of unemployment, public balances and welfare and as article Egypt's demographic pressure - where and how to create jobs? at VOXEU.

The changing pattern in international trade and capital flows of the Gulf Cooperation Council countries in comparison with other oil-exporting countries, Journal of Knowledge Management, Economics and Information Technology 2011 1-7:356-384. Also Economic Paper in the DG ECFIN European Economy series of the European Commission in Brussels (Belgium) no 415. See also the pen is mightier than the sword and the information on the KOF index on globalisation.

On wage formation,wage development and flexibility: A comparison between European countries and the United States, 2008, co-authored with Ard den Reijer, Applied Econometrics and International Development, Euro-American Association of Economic Development, 8(1), pages 59-74.

The dynamic adjustment towards target capital structures of firms in transition economies, 2006, co-authored with Ralph de Haas, Economics of Transition, Volume 14(1), pages 133-169, 03.

Does demand and price uncertainty affect Belgian and Spanish corporate investment?, 2001, Recherches Economiques de Louvain, 31, pages 235-255.

Capital, labour,materials and additional R&D investment in Japan: The issue of double‑counting, 2000, co-authored with Paul Ghijsen, Annales d’Economie et de Statistique, 58(7), pages 165-184. Working paper IRES here.

The public‑private savings mirror and causal relationships between private savings, investment and(twin) deficits: A full modelling approach, 1999, Journal of Policy Modelling, 21(5), pages 579-605.

Measuring monetary conditions in Europe: Use and limitations ofthe MCI, 1999, De Economist, 147(2), pages 183-203.

The circulation of euro banknotes and coins in the Netherlands, 1999, co-authored with Gerbert Hebbink, De Economist, 147(1), pages 73-82.

Persistence,asymmetries and interrelation in factor demand, 1998, Scandinavian Journal of Economics, 100(4), pages 747-764.

The roles of inventories investigated in a factor demand model, 1998, Revue Economique, 49(5), pages 1345-1364.

GDP-spillovers inmulti-country models, 1998, co-authored with Rudy Douven, Economic Modelling, 15(2), pages 163-195.

Internal finance and corporate investment: Belgian evidence with panel data, 1998, co-authored with Fernando Barran, Economic Modelling, 15(1), pages 67-89, also a chapter in the PhD thesis of Fernando Barran, titled ‘Monetary policy and credit constraints’, Université de Louvain, Belgium.

The (mis‑)specification of production costs in production smoothing models, 1997, Economics Letters, 57(1), pages 69-77.

A model of conditional and unconditional social security in an efficiency wage economy: The economic sustainability of a basic income, 1997, co-authored with Loek Groot, Journal of Post Keynesian Economics, 19(4), pages 573-597, also a chapter in Basic income, unemployment and compensatory justice by Loek Groot, Utrecht University, The Netherlands.

Trigger values of (non‑)residential structures and equipment investment, 1997, Recherches Economiques de Louvain, 63(2), pages 171-200.

A comparisonbetween a production smoothing model and a factor demand model with inventories:Applications to five French industrial sectors, 1997, Annales d'Economie et de Statistique, 46, pages 141-160.

Investment gestation lags: The difference between time‑to‑build and delivery lags, 1996, Applied Economics, 1996, 28(2), pages 203-208.

Adjustment costs and time‑to‑build in factor demand in the US manufacturing industry, 1993, co-authored with Franz Palm en Gerard Pfann, Empirical Economics, 18(4), pages 639-671, and in New Developments in Time Series Econometrics, eds. J.M Dufour and B. Raj, Physica-Verlag, 1994, pages 83-115.