Academic Page

Academic page


Huw D Dixon

Professor of Economics

Office: R11a

Cardiff Business School.

Aberconway Building,

Colum Drive,

Cardiff, CF10 3EU


Telephone: +44 (0)29 2087 5733

Fax: +44 (0)29 2087 4419




In addition to editorial involvement with the Review of Economic Studies, the Journal of Industrial Economics and the Controversies section in The Economic Journal, I have authored more than sixty papers in research journals and books. My research areas include the macroeconomics of imperfect competition, oligopoly theory, learning and bounded rationality. I have been a member of the Council of the Royal Economic Society and the CEPR, and am currently a member of the CESifo network. I received my PhD from Oxford University in 1985 under the supervision of Nobel Laureate Sir James Mirrlees, and was a Professor at York from 1992 until I came to Cardiff in 2006.



(for a full list of publications go to RePEc)


and Paulo Brito “Fiscal policy, entry and capital accumulation: hump-shaped responses", Journal of Economic Dynamics and Control, Volume 37, Issue 10, October 2013, Pages 2123–2155.


and Engin Kara (2010) Can We Explain Inflation Persistence in a Way that Is Consistent with the Microevidence on Nominal Rigidity? Journal of Money, Credit and Banking, (42) 151-170.


and Engin Kara (2006), "How to Compare Taylor and Calvo Contracts: A Comment on Michael Kiley", (Abstract) . Journal of Money, Credit and Banking, 38, 1119-1126.


and Javier Coto-Martinez. "Profits, Markups and Entry: Fiscal Policy in an Open Economy", Journal of economic dynamics and control , 2003, 27, 573-597.


and Bipasa Datta. "Technological change, entry and stock market dynamics: an analysis of transition in a monopolistic economy", American Economic Review, Papers and Proceedings, 2002, 92, 231-235.


"Keeping up with the Joneses: Competition and the evolution of collusion",. Journal of Economic Behavior and Organization, 2000, 43, 223-238.


and Aloi M and Lloyd-Braga T. "Endogenous Fluctuations in an open economy with increasing returns to scale", Journal of Economic Dynamics and Control , 2000, 24, 97-125.


and Neil Rankin. "Imperfect competition and macroeconomics: a survey", Oxford Economic Papers , 1994, 46, 171-199.


"Unions, oligopoly, and the Natural Range of employment", Economic Journal , 1988, 98, 1127-1147.


"Approximate Bertrand equilibria in a replicated industry", Review of Economic Studies , 1987, LIV, 47-62.

Recent Discussion Papers - All PDF Downloadable


Anthony Savagar and Huw Dixon (2017), Firm entry, Excess Capacity and Aggregate Productivity. Cardiff Economics Working Paper E2017_8


Paulo Brito, Luis Costa and Huw Dixon (2016), From Sunspots to Black Holes: Singular Dynamics in Macroeconomic Models, Cardiff Economics Working Papers E2016/6. Published as Chapter 2 (pages 41-70) in Sunspots and Non-Linear Dynamics: Essays in Honor of Jean-Michel Grandmont, Edited by Nishimura, Venditti and Yannelis. Springer.


Yan, Ji, Kun Tian, Huw D. Dixon, Saeed Heravi and Peter Morgan (2014) "Shop Around and You Pay More", CESifo Working Paper No. 4940, August 2014 | Abstract | Press Comment from The Economist |


Huw Dixon, Kul Luintel and Kun Tian (2014): The Impact of the 2008 Crisis on UK Prices: What We Can Learn from the CPI

Microdata, Cardiff Economics Working Paper E2014_7


Huw Dixon, Jeremy Franklin and Stephen Millard (2014): Sectoral shocks and monetary policy in the United Kingdom, Bank of England Working Paper 499.


Huw Dixon, Jonathan Seaton & Michael Waterson, 2014. "Price Flexibility In British Supermarkets: Moderation And Recession," Warwick Economics Research Papers in Economics 1041.


Dixon, Huw & Tian, Kun, 2013. "What we can learn about the behavior of firms from the average monthly frequency of price-changes: an application to the UK CPI data," Cardiff Economics Working Papers E2013/1, Cardiff University, Cardiff Business School, Economics Section. Published in Oxford Bulletin of Economics and Statistics, 2017.


Paulo Brito and Huw Dixon (2012): Fiscal policy, entry and capital accumulation: hump-shaped responses, Cardiff Economics Working Paper E2012/07. Published in Journal of Economic Dynamics and Control, Volume 37, Issue 10, October 2013, Pages 2123–2155.


Paulo Brito & Bipasa Datta & Huw Dixon, 2011. "The evolution of mixed conjectures in the rent-extraction game", Discussion Papers 11/06, Department of Economics, University of York.


Huw Dixon & Engin Kara, 2011. "Taking Multi-Sector Dynamic General Equilibrium Models to the Data," Bristol Economics Discussion Papers 11/621, Department of Economics, University of Bristol, UK.


Huw Dixon and Herve LeBihan (2010) "Generalized Taylor and Generalized Calvo Price and Wage-Setting: Micro Evidence with Macro Implications", July, CESifo working paper 3119. Published Economic Journal, vol. 122, pages 532-554, May (2012)

Luís F. Costa and Huw Dixon (2011): "Fiscal Policy under Imperfect Competition with Flexible Prices: An Overview and Survey", Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon Working Paper 2009/25, published in Economics: The Open-Access, Open-Assessment E-Journal, Vol. 5, 2011-3. doi:10.5018/economics-ejournal.ja.2011-3


Huw Dixon and Panayiotis M. Pourpourides (2010) "General Equilibrium with Monopolistic Firms and Occasionally Binding Cash-in-Advance Constraints", Cardiff Economics working paper 2010/6. Journal of Macroeconomics, 2016, vol. 50,

pages 72-85.


Huw Dixon (2009): "A unified framework for understanding and comparing dynamic wage and price setting models", Cardiff Economics Working Paper 2009/20, Published The B.E. Journal of Macroeconomics: Vol. 12: Issue 1 (Contributions), Article 22. (2012).


Huw Dixon and Luigi Siciliani (2009): "Waiting Time Targets in Healthcare Markets: How Long Are We Waiting?", University of York Discussion Papers in Economics 09/05, Journal of Health Economics, 28, 1081-1098.


Paulo Brito, Luís F. Costa and Huw Dixon (2008): "Non-smooth Dynamics and Multiple Equilibria in a Cournot-Ramsey Model with Endogenous Markups", Cardiff Economics Working Paper 2008/21, September paper. Published, Journal of Economic Dynamics and Control, Volume 37, Issue 11, November 2013, Pages 2287–2306.


Luís F. Costa and Huw Dixon (2007): "A Simple Business-Cycle Model with Shumpeterian Features", Cardiff Economics Working Paper 2007/28,October paper


Huw Dixon (2007): "New Keynesian macroeconomics: Entry For New Palgrave Dictionary of Economics, 2nd Edition", paper


Huw Dixon and Engin Kara (2007): "Persistence and nominal inertia in a generalized Taylor economy: how longer contracts dominate shorter contracts", Cardiff Economics Working Paper 2007/1, January. Published as “Contract Length Heterogeneity and the Persistence of Monetary Shocks in a Dynamic Generalized Taylor Economy”, European Economic Review, 55, 280-292 (2011).




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