Huw Dixon
MA, MPHIL, DPHIL(OXFORD)
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. I no longer do teaching as I have retired, but I have saved my teaching resources here
My PERSONAL TOP TEN JOURNAL ARTICLES
(for a full list of publications go to RePEc)
Huw Dixon and Maoshan Tian (2022), The Variances of Non-Parametric Estimates of the Cross-Sectional Distribution of Durations, Econometric Reviews (https://doi.org/10.1080/07474938.2022.2114623).
Huw Dixon 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 Herve LeBihan (2012) "Generalized Taylor and Generalized Calvo Price and Wage-Setting: Micro Evidence with Macro Implications", Published Economic Journal, vol. 122, pages 532-554.
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 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 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.
Books
"Surfing economics: essays for the enquiring economist", Palgrave, 2001
"Controversies in macroeconomics: growth, trade and policy", Blackwells, 1999.
"The New Macroeconomics: Imperfect Markets and Policy Effectiveness", C.U.P., 1995, Joint editor with Neil Rankin.
Recent Discussion Papers - All PDF Downloadable
Chowdhury A. and Dixon H. Energy Expenditures and CPI Inflation in 2022: inflation was even higher than we thought, Energy Economics, Vol 145, May 2025, 108482.
Huw Dixon The challenges to economic measurement arising from inflation in the post-pandemic world. 2024 Deane- Stone Lecture, London, UK, 20 June 2024. National Institute Economic Review.
Dixon, H., Kosma, T. and Petroulas, P. 2024. Explaining the endurance of price level differences in the euro area. Open Economies Review (2024) (10.1007/s11079-024-09794-1)
Sectoral shocks and monetary policy in the United Kingdom. (joint with Franklin, J. and Millard, S), Oxford Bulletin of Economics and Statistics 85(4), pp. 805-829. (2023)
Huw Dixon and Christian Grimme (2022), State-Dependent or Time-Dependent Pricing? New Evidence from a Monthly firm level survey: 1980-2017. European Economic Review.,150 (2022) 104319, Previously CESifo working paper 7842
Huw Dixon and Maoshan Tian (2022), The Variances of Non-Parametric Estimates of the Cross-Sectional Distribution of Durations, Econometric Reviews (https://doi.org/10.1080/07474938.2022.2114623). Originally, "The Cross-sectional Distribution of Completed Lifetimes: Some New Inferences from Survival Analysis,"Cardiff Economics Working PapersE2018/27,
Huw Dixon, Jeremy Franklin and Stephen Milllard (2021), Sectoral shocks and monetary policy in the United Kingdom.Cardiff Economics Working Papers E2021_10. Forthcoming Oxford Bulletin of Economics and Statistics.
Diego Solórzano an Huw Dixon (2021):The Relationship Between Nominal Wage and Price Flexibility: New Evidence.
Banco de México, orking Papers, N° 2020-20.
Anthony Savagar and Huw Dixon (2020), Firm entry, Excess Capacity and Aggregate Productivity.. European Economic Review,,
Volume 121, 103339. Previous version Cardiff Economics Working Paper E2017_8
Marta Aloi, Huw Dixon and Anthony Savagar, (2020), "Labour responses, regulation and business churn in a small open economy", Journal of Money Credit and Banking.. Preprint version.
Huw Dixon, Kul Luintel and Kun Tian (2020): The Impact of the 2008 Crisis on UK Prices: What We Can Learn from the CPI
Microdata, Oxford Bulletin of Economics and Statistics, July 2020, doi: 10.1111/obes.12373. (Open access version). Previous version Cardiff Economics Working Paper E2014_7.
Huw Dixon (2020), The measurement of inflation during the lockdown: a trial calculation, National Institute of Economic and Social Research Policy Paper 16.
Huw Dixon, H., Easaw, J. and Heravi, S. (2019). Forecasting inflation gap persistence: do financial sector professionals differ from non-financial sector ones? International Journal of Finance and Economics. DOI: 10.1002/ijfe.1762
Huw Dixon (2019), Almost‐Maximization as a Behavioral Theory of the Firm: Static, Dynamic and Evolutionary Perspectives. Online appendix. Review of Industrial Organization https://doi.org/10.1007/s11151-019-09727-0
Huw Dixon and Peng Zhou (2018) "The Determinants of Price Rigidity in the UK: Analysis of the CPI and PPI Microdata and Application to Macrodata Modelling", Cardiff Economics Working PapersE2018/18. The Manchester School, Online 11 November 2018, https://doi.org/10.1111/manc.12263 5
Kishan Rana, Huw Dixon, Tim Marshall and Rhys Lewis, Stock weighted house price index, Emgland and Wales: 1995 to 2015 preliminary estimates. ONS, release date 20th Febrary 2018.
Huw Dixon, James Mirrlees (1936-), The Palgrave companion to Cambridge Economics, (Editor Robert Cord) Volume 2, pages 1079-1094).
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 |
ORCID ID: 0000-0002-9875-8965; Scopus ID: 7101709262.
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ORCID ID: 0000-0002-9875-8965; Scopus ID: 7101709262.