Alexander Mihailov
Biographic Data
| ID | 1239980 |
|---|---|
| NAME | Alexander Mihailov |
| GIVEN NAMES | Alexander |
| FAMILY NAME | Mihailov |
| SIGNATURE | MIHAILOV A |
| AFFILIATIONS | University of Reading |
| ORCID | 0000-0003-4307-4029 |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 34 |
| WORKS AS AUTHOR | 6 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2015 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
Government spending reallocations and inequality
We assess the impact of spending reallocations on inequality in a fiscally neutral scenario for a sample of 51 middle-income countries over the period between 2005 and 2015. This is relevant given that developing countries that aim to address increasing inequalities cannot easily rely on either deficit and debts nor increased revenues to finance social spending sectors, such as education, health and social protection. We also look at the impact o…
Greening prosperity stripes across the globe
Rallying around the EU flag
This article uses a survey amongst students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes towards European integration. Some respondents completed the survey just before Russia's assault on 24 February 2022, and some did so just afterwards , thus delivering a quasi‐experimental design situation, which we exploit. Our results suggest that the ominous news about the Russian attack increased the part…
On the long-run solution to aggregate housing systems
This paper explores the properties of dynamic aggregate housing models. In conventional models, in response to demand shocks the primary adjustment mechanism is through prices and changes in housing supply. However, the size of the supply response depends on the price elasticity of supply and in countries such as the UK where the elasticity is low, house prices can rise sharply, worsening affordability. But this ignores the roles of housing risk …
The Grand Experiment of Communism
This paper examines how the interplay between economic incentives and social preferences transmitted by ideology plays a role in the rise and fall of communism. We introduce inequality-averse and inefficiency-averse agents and model their conflict in ideology, triggered by envy. The socioeconomic dynamics generate a pendulum-like switch from markets to a centrally planned economy abolishing private ownership, and back to restoring market incentiv…
Do Real Balance Effects Invalidate the Taylor Principle in Closed and Open Economies
This paper examines the determinacy implications of forecast‐based monetary policy rules that set the interest rate in response to expected future inflation in a Neo‐Wicksellian model that incorporates real balance effects. We show that the presence of such effects in closed economies restricts the ability of the Taylor principle to prevent indeterminacy of the rational expectations equilibrium. The problem is exacerbated in open economies, parti…
Rallying around the EU flag
This article uses a survey amongst students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes towards European integration. Some respondents completed the survey just before Russia's assault on 24 February 2022, and some did so just afterwards , thus delivering a quasi‐experimental design situation, which we exploit. Our results suggest that the ominous news about the Russian attack increased the part…
On the long-run solution to aggregate housing systems
This paper explores the properties of dynamic aggregate housing models. In conventional models, in response to demand shocks the primary adjustment mechanism is through prices and changes in housing supply. However, the size of the supply response depends on the price elasticity of supply and in countries such as the UK where the elasticity is low, house prices can rise sharply, worsening affordability. But this ignores the roles of housing risk …
Do Real Balance Effects Invalidate the Taylor Principle in Closed and Open Economies
This paper examines the determinacy implications of forecast‐based monetary policy rules that set the interest rate in response to expected future inflation in a Neo‐Wicksellian model that incorporates real balance effects. We show that the presence of such effects in closed economies restricts the ability of the Taylor principle to prevent indeterminacy of the rational expectations equilibrium. The problem is exacerbated in open economies, parti…
The Grand Experiment of Communism
This paper examines how the interplay between economic incentives and social preferences transmitted by ideology plays a role in the rise and fall of communism. We introduce inequality-averse and inefficiency-averse agents and model their conflict in ideology, triggered by envy. The socioeconomic dynamics generate a pendulum-like switch from markets to a centrally planned economy abolishing private ownership, and back to restoring market incentiv…
On the long-run solution to aggregate housing systems
This paper explores the properties of dynamic aggregate housing models. In conventional models, in response to demand shocks the primary adjustment mechanism is through prices and changes in housing supply. However, the size of the supply response depends on the price elasticity of supply and in countries such as the UK where the elasticity is low, house prices can rise sharply, worsening affordability. But this ignores the roles of housing risk …
Rallying around the EU flag
This article uses a survey amongst students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes towards European integration. Some respondents completed the survey just before Russia's assault on 24 February 2022, and some did so just afterwards , thus delivering a quasi‐experimental design situation, which we exploit. Our results suggest that the ominous news about the Russian attack increased the part…
Government spending reallocations and inequality
We assess the impact of spending reallocations on inequality in a fiscally neutral scenario for a sample of 51 middle-income countries over the period between 2005 and 2015. This is relevant given that developing countries that aim to address increasing inequalities cannot easily rely on either deficit and debts nor increased revenues to finance social spending sectors, such as education, health and social protection. We also look at the impact o…
Greening prosperity stripes across the globe
Economics (5 works) · Macroeconomics (3 works) · Economic theories and models (2 works) · Monetary economics (2 works) · Monetary policy (2 works) · Political science (2 works) · Politics (2 works) · Aggregate (composite (1 work) · Aggregate demand (1 work) · Aggregate supply (1 work)