Photo of Prof Costas Milas

Prof Costas Milas PhD (Warwick)

Professor of Finance Finance and Accounting

Publications

2018

Are we witnessing a ‘deal dividend’ effect on the economy? (Media)

Milas, K. C., & Ellington, M. (2018). Are we witnessing a ‘deal dividend’ effect on the economy?. [LSE Blog Politics. Available from: http://blogs.lse.ac.uk/politicsandpolicy/brexit-deal-dividend-effect/]. Retrieved from http://blogs.lse.ac.uk/politicsandpolicy/brexit-deal-dividend-effect/

BoE governor is not a football captain on loan (Media)

Milas, K. C. (2018). BoE governor is not a football captain on loan. [The Financial Times (letter). Available from: https://www.ft.com/content/913a0b08-af7d-11e8-8d14-6f049d06439c]. Retrieved from https://www.ft.com/content/913a0b08-af7d-11e8-8d14-6f049d06439c

Boris’s arguments would have made Gorgias jealous (Media)

Milas, K. C. (2018). Boris’s arguments would have made Gorgias jealous. [The Financial Times (letter)]. Retrieved from https://www.ft.com/content/8953e7ba-10f4-11e8-8cb6-b9ccc4c4dbbb

Can we really get a ‘better’ deal? (Media)

Milas, K. C., & Ellington, M. (2018). Can we really get a ‘better’ deal?. [LSE Business Review blog. Available at: http://blogs.lse.ac.uk/businessreview/2018/11/16/can-we-really-get-a-better-deal/].

Carney right to question necessity of a rate rise (Media)

Milas, K. C. (2018). Carney right to question necessity of a rate rise. [The Financial Times (letter). Available from: https://www.ft.com/content/651238ec-46f1-11e8-8ae9-4b5ddcca99b3]. Retrieved from https://www.ft.com/content/651238ec-46f1-11e8-8ae9-4b5ddcca99b3

Does doing well in the World Cup bring a 'feel-good' boost to the UK economy? (Media)

Ellington, M., & Milas, K. (2018). Does doing well in the World Cup bring a 'feel-good' boost to the UK economy?. [The Conversation. Available from: https://theconversation.com/does-doing-well-in-the-world-cup-bring-a-feel-good-boost-to-the-uk-economy-99887]. Retrieved from https://theconversation.com/

Don’t dismiss the possibility of a cut in the Bank of England’s policy rate (Media)

Milas, K. C. (2018). Don’t dismiss the possibility of a cut in the Bank of England’s policy rate. [LSE Business Review. Available from: http://blogs.lse.ac.uk/businessreview/2018/08/04/dont-dismiss-the-possibility-of-a-cut-in-the-bank-of-englands-policy-rate/].

Global Liquidity, Money Growth and UK Inflation (Journal article)

Ellington, M. T., & Milas, K. C. (n.d.). Global Liquidity, Money Growth and UK Inflation. Journal of Financial Stability.

Government should treat its Brexit studies like working papers: circulate them for feedback (Media)

Milas, K. C., & Ellington, M. (2018). Government should treat its Brexit studies like working papers: circulate them for feedback. [London School of Economics and Political Science British Politics blog]. Retrieved from http://blogs.lse.ac.uk/

How Cabinet resignations and the Chequers proposal could destabilise the economy (Media)

Milas, K. C., & Ellington, M. (2018). How Cabinet resignations and the Chequers proposal could destabilise the economy. [LSE Blog Politics. Available from: http://blogs.lse.ac.uk/politicsandpolicy/cabinet-resignations-chequers-economy/]. Retrieved from http://blogs.lse.ac.uk/politicsandpolicy/cabinet-resignations-chequers-economy/

How should Theresa May respond to Jeremy Corbyn’s customs union plan? (Media)

Milas, K. C., & Ellington, M. (2018). How should Theresa May respond to Jeremy Corbyn’s customs union plan?. [London School of Economics and Political Science British Politics blog: http://blogs.lse.ac.uk/politicsandpolicy/customs-union-may-corbyn/].

On the Economic Impact of Aggregate Liquidity Shocks: The Case of the UK (Journal article)

Ellington, M. T., & Milas, K. C. (n.d.). On the Economic Impact of Aggregate Liquidity Shocks: The Case of the UK. Quarterly Review of Economics and Finance.

On what grounds would we be able to achieve a better withdrawal deal? (Media)

Milas, K. C., & Ellington, M. T. (2018). On what grounds would we be able to achieve a better withdrawal deal?. Retrieved from https://www.ft.com/content/a9e3cb10-e99f-11e8-a34c-663b3f553b35

Pushing the BoE to the limit: what a no-deal Brexit will mean for UK exchange and interest rates (Media)

Milas, K. C., & Ellington, M. (2018). Pushing the BoE to the limit: what a no-deal Brexit will mean for UK exchange and interest rates. [LSE Blog Politics. Available from: http://blogs.lse.ac.uk/politicsandpolicy/bank-of-england-no-deal/]. Retrieved from http://blogs.lse.ac.uk/politicsandpolicy/bank-of-england-no-deal/

Trend in BoE forecasts does not support claim of anti-Brexit bias (Media)

Milas, K. C. (2018). Trend in BoE forecasts does not support claim of anti-Brexit bias. [The Financial Times (letter)]. Retrieved from https://www.ft.com/content/8f69ba32-fb7b-11e7-9b32-d7d59aace167

Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction (Media)

Milas, K. C., & Ellington, M. (2018). Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction. [LSE American Politics and Policy blog: http://blogs.lse.ac.uk/usappblog/2018/11/16/trump-is-right-to-critique-the-federal-reserve-but-his-attacks-are-in-the-wrong-direction/].

What moves markets more, Twitter or traditional news? (Media)

Milas, K. C., Panagiotidis, T., & Dergiades, T. (2018). What moves markets more, Twitter or traditional news?. [The Conversation. Available from: https://theconversation.com/what-moves-markets-more-twitter-or-traditional-news-107854]. Retrieved from https://theconversation.com/

2017

An assessment of the inflation targeting experience (Conference Paper)

Dergiades, T., Milas, K. C., & Panagiotidis, T. (2017). An assessment of the inflation targeting experience. In Central Bank of Estonia Working Paper No 11/2017.

An independent Scotland may yet save the day! (Media)

Milas, K. C. (2017). An independent Scotland may yet save the day!. [The Financial Times (letter)]. Retrieved from https://www.ft.com/content/be4dbaa0-30b6-11e7-9555-23ef563ecf9a

Brexit assessments: ignorance isn’t bliss — quantitative forecasts do matter (Media)

Milas, K. C. (2017). Brexit assessments: ignorance isn’t bliss — quantitative forecasts do matter. [The London School of Economics and Political Science British Politics blog]. Retrieved from http://blogs.lse.ac.uk/politicsandpolicy/brexit-impact-quantitative-forecasts/

Brexiteers hope to rebalance the economy towards exports, but this risks proving a naïve myth (Media)

Milas, K. C., & Ellington. (2017). Brexiteers hope to rebalance the economy towards exports, but this risks proving a naïve myth. [London School of Economics and Political Science British Politics blog]. Retrieved from http://blogs.lse.ac.uk/

Economic policy uncertainty and sovereign credit rating decisions: Panel quantile evidence for the Eurozone (Journal article)

Boumparis, P., Milas, C., & Panagiotidis, T. (2017). Economic policy uncertainty and sovereign credit rating decisions: Panel quantile evidence for the Eurozone. Journal of International Money and Finance, 79, 39-71. doi:10.1016/j.jimonfin.2017.08.007

DOI: 10.1016/j.jimonfin.2017.08.007

Fair or not? How credit rating agencies calculated their ratings during the Eurozone crisis (Media)

Milas, K. C., Boumparis, P., & Panagiotidis, T. (2017). Fair or not? How credit rating agencies calculated their ratings during the Eurozone crisis. [London School of Economics and Political Science European Politics and Policy blog: http://blogs.lse.ac.uk/europpblog/2017/03/23/fair-or-not-credit-rating-agencies-eurozone-crisis/]. Retrieved from http://blogs.lse.ac.uk/

Hard Evidence: does a lower pound boost manufacturing? (Media)

Milas, K. C. (2017). Hard Evidence: does a lower pound boost manufacturing?. [The Conversation. Available from: https://theconversation.com/hard-evidence-does-a-lower-pound-boost-manufacturing-77052]. Retrieved from https://theconversation.com/

How will a Bank of England interest rate hike affect the economy? (Media)

Milas, K. C., & Ellington, M. (2017). How will a Bank of England interest rate hike affect the economy?. [The London School of Economics and Political Science British Politics blog. From: http://blogs.lse.ac.uk/politicsandpolicy/how-will-a-bank-of-england-interest-rate-hike-affect-the-economy/]. Retrieved from http://blogs.lse.ac.uk/

I guess my module puts me firmly on the hit list (Media)

Milas, K. C. (2017). I guess my module puts me firmly on the hit list. [The Financial Times (Letter). Available from: https://www.ft.com/content/3e2b504c-b970-11e7-9bfb-4a9c83ffa852]. Retrieved from https://www.ft.com/content/3e2b504c-b970-11e7-9bfb-4a9c83ffa852

Liquidity shocks and real GDP growth: Evidence from a Bayesian time-varying parameter VAR (Journal article)

Ellington, M., Florackis, C., & Milas, C. (2017). Liquidity shocks and real GDP growth: Evidence from a Bayesian time-varying parameter VAR. Journal of International Money and Finance, 72, 93-117. doi:10.1016/j.jimonfin.2016.12.002

DOI: 10.1016/j.jimonfin.2016.12.002

On the role of the credit rating agencies in the Euro zone crisis (Chapter)

Boumparis, P., Milas, C., & Panagiotidis, T. (2017). On the role of the credit rating agencies in the Euro zone crisis. In Political Economy Perspectives on the Greek Crisis: Debt, Austerity and Unemployment (pp. 177-203). doi:10.1007/978-3-319-63706-8_8

DOI: 10.1007/978-3-319-63706-8_8

UK budget 2017: why upcoming Brexit uncertainty will put bright economic outlook to the test (Media)

Milas, K. C., & Ellington, M. (2017). UK budget 2017: why upcoming Brexit uncertainty will put bright economic outlook to the test. [The Conversation. Available from: https://theconversation.com/uk-budget-2017-why-upcoming-brexit-uncertainty-will-put-bright-economic-outlook-to-the-test-74220].

Why the Bank of England should change how it publishes the future path of interest rates (Media)

Milas, K. C., & Ellington, M. (2017). Why the Bank of England should change how it publishes the future path of interest rates. [The London School of Economics and Political Science British Politics blog]. Retrieved from http://blogs.lse.ac.uk/politicsandpolicy/future-path-interest-rates/

2016

Brexit and the Gordian knot of the UK productivity puzzle (Media)

Ellington, M., & Milas, K. C. (2016). Brexit and the Gordian knot of the UK productivity puzzle. [London School of Economics and Political Science British Politics blog: http://blogs.lse.ac.uk/politicsandpolicy/brexit-and-the-productivity-puzzle/].

Business challenges and access to finance after the BREXIT vote (Media)

Milas, K. C. (2016). Business challenges and access to finance after the BREXIT vote. [Breakfast Briefing talk at Liverpool University]. Retrieved from https://www.liverpool.ac.uk/

Did Bank of England governor speech shore up confidence in Brexit UK? (Media)

Milas, K. C., & Legrenzi, G. (2016). Did Bank of England governor speech shore up confidence in Brexit UK?. [The Conversation. Available from: https://theconversation.com/did-bank-of-england-governor-speech-shore-up-confidence-in-brexit-uk-61603]. Retrieved from https://theconversation.com/

If UK votes for Brexit, its borrowing costs will soar – here’s why (Journal article)

Milas, C. (2016). If UK votes for Brexit, its borrowing costs will soar – here’s why. The Conversation.

Lagarde’s staying on at the IMF — no surprises there (Media)

Milas, K. C. (2016). Lagarde’s staying on at the IMF — no surprises there. [The Financial Times (letter). Available from: https://www.ft.com/content/68aa23d6-c61c-11e6-8f29-9445cac8966f].

Let Mark Carney do his job – why this is not the time to replace the Governor of the Bank of England (Media)

Milas, K. C. (2016). Let Mark Carney do his job – why this is not the time to replace the Governor of the Bank of England. [London School of Economics and Political Science British Politics blog: http://blogs.lse.ac.uk/politicsandpolicy/why-this-is-not-the-time-to-replace-the-governor-of-the-bank-of-england/].

Perils of growth forecasts in wake of Brexit vote (Media)

Milas, K. C. (2016). Perils of growth forecasts in wake of Brexit vote. [The Financial Times (letter)].

UK Treasury Brexit report is overly negative (Journal article)

Milas, K. C. (2016). UK Treasury Brexit report is overly negative. The Conversation. Available from: https://theconversation.com/uk-treasury-brexit-report-is-overly-negative-59849.

2015

Distribution forecast targeting in an open-economy, macroeconomic volatility and financial implications (Journal article)

Flamini, A., & Milas, C. (2015). Distribution forecast targeting in an open-economy, macroeconomic volatility and financial implications. Journal of Financial Stability, 16, 89-105. doi:10.1016/j.jfs.2014.12.001

DOI: 10.1016/j.jfs.2014.12.001

Fiscal policy adjustments in the euro area stressed countries: new evidence from non-linear models with state-varying thresholds (Journal article)

De Santis, R., Legrenzi, G., & Milas, C. (2015). Fiscal policy adjustments in the euro area stressed countries: new evidence from non-linear models with state-varyingthresholds. European Central Bank Working Paper No. 1858. doi:10.2866/95055

DOI: 10.2866/95055

Greece: the Syriza government is behaving like Diogenes the Cynic – here’s why (Journal article)

Milas, C. (2015). Greece: the Syriza government is behaving like Diogenes the Cynic – here’s why. The Conversation.

Has the crisis affected the behavior of the rating agencies? Panel evidence from the Eurozone (Journal article)

Boumparis, P., Milas, C., & Panagiotidis, T. (2015). Has the crisis affected the behavior of the rating agencies? Panel evidence from the Eurozone. ECONOMICS LETTERS, 136, 118-124. doi:10.1016/j.econlet.2015.09.011

DOI: 10.1016/j.econlet.2015.09.011

How Twitter can see the financial future – and change it (Journal article)

Milas, C. (2015). How Twitter can see the financial future – and change it. The Conversation, 9 November 2015. From: https://theconversation.com/how-twitter-can-see-the-financial-future-and-change-it-50338.

Let's not overplay the benefits of debt relief (Journal article)

Milas, C., Boumparis, P., & Panagiotidis, T. (2015). Let's not overplay the benefits of debt relief. The Kathimerini.

Listen to Daedalus (Journal article)

Milas, C. (2015). Listen to Daedalus. The Economist. Retrieved from http://www.economist.com/news/letters/21644120-letters-editor

The importance of financial indicators for macroeconomic modelling with an application to the UK (Presentation material)

Milas, C. (2015). The importance of financial indicators for macroeconomic modelling with an application to the UK. University of Birmingham.

To raise or not to raise interest rates? (Journal article)

Milas, C. (2015). To raise or not to raise interest rates?. LSE British Politics and Policy Blog. Retrieved from http://blogs.lse.ac.uk/

Tweets, Google trends, and sovereign spreads in the GIIPS (Journal article)

Dergiades, T., Milas, C., & Panagiotidis, T. (2015). Tweets, Google trends, and sovereign spreads in the GIIPS. Oxford Economic Papers, 67(2), 406-432. doi:10.1093/oep/gpu046

DOI: 10.1093/oep/gpu046

When Greece will be at default? A short economic and political approach (Book)

Milas, C., Legrenzi, G., & Stergiou, L. (Eds.) (2015). When Greece will be at default? A short economic and political approach. Stergiou Limited.

2014

Currency union's extra headache (Journal article)

Milas, C. (2014). Currency union's extra headache. The Financial Times (letter), 10 February 2014.

More on why the government's policy in dealing with the rising debt burden in the current low growth environment is indeed justified, 7 January 2014 (Journal article)

Milas, C. (2014). More on why the government's policy in dealing with the rising debt burden in the current low growth environment is indeed justified, 7 January 2014. London School of Economics and Political Science British Politics blog. Available from: http://blogs.lse.ac.uk/politicsandpolicy/archives/38813.

On stock market illiquidity and real-time GDP growth (Journal article)

Florackis, C., Giorgioni, G., Kostakis, A., & Milas, C. (2014). On stock market illiquidity and real-time GDP growth. Journal of International Money and Finance, 44, 210-229. doi:10.1016/j.jimonfin.2014.02.006

DOI: 10.1016/j.jimonfin.2014.02.006

2013

'A varying threshold linked to debt history and crisis fears' (Journal article)

Milas, C., & Legrenzi, G. (2013). 'A varying threshold linked to debt history and crisis fears'. The Financial Times (letter), 7 May.

'Brexit' talk is unsettling investors - and the wider community (Journal article)

Milas, C. (2013). 'Brexit' talk is unsettling investors - and the wider community. The Guardian, 13 July 2013. Available from: http://www.guardian.co.uk/commentisfree/2013/jul/13/brexit-unsettling-uk-investors-economy.

'Brexit' would hit UK credit score (Journal article)

Milas, C. (2013). 'Brexit' would hit UK credit score. The Financial Times (letter), 15 January.

A (simple) justification for Carney's "7% unemployment rate threshold" (Journal article)

Milas, C. (2013). A (simple) justification for Carney's "7% unemployment rate threshold". London School of Economics, British Politics and Policy Blog, 27 August 2013. Available from: http://blogs.lse.ac.uk/politicsandpolicy/archives/35955.

An escape valve is useless in heavy rain or a strong wind (Journal article)

Milas, C., & Legrenzi, G. (2013). An escape valve is useless in heavy rain or a strong wind. The Financial Times (letter), 3 April.

Crunching British exit from the EU (Journal article)

Milas, C. (2013). Crunching British exit from the EU. The Financial Times (letter), 7 November.

Do royal babies boost the UK economy? (Journal article)

Milas, C. (2013). Do royal babies boost the UK economy?. London School of Economics, British Politics and Policy Blog, 26 July 2013. Available from: http://blogs.lse.ac.uk/politicsandpolicy/archives/35289.

Financial Crises and Monetary Policy: Evidence from the UK (Journal article)

Martin, C., & Milas, C. (2013). Financial Crises and Monetary Policy: Evidence from the UK. Journal of Financial Stability, 9, 654-661.

Hercules relied on help - so should the eurozone leaders (Journal article)

Milas, C. (2013). Hercules relied on help - so should the eurozone leaders. The Financial Times (letter), 11 October.

Modelling the Fiscal Reaction Functions of the GIPS based on State-Varying Thresholds (Journal article)

Legrenzi, G., & Milas, C. (2013). Modelling the Fiscal Reaction Functions of the GIPS based on State-Varying Thresholds. Economics Letters, 121, 384-389.

Periphery may tempt investors' funds (Journal article)

Milas, C. (2013). Periphery may tempt investors' funds. The Financial Times (letter), 27 August.

QE policies reduce the impact of cuts (Journal article)

Milas, C. (2013). QE policies reduce the impact of cuts. The Financial Times (letter), 14 January.

The Bank of England's Inflation Report and what it means for the unemployment rate (Journal article)

Milas, C. (2013). The Bank of England's Inflation Report and what it means for the unemployment rate. London School of Economics, British Politics and Policy Blog, 13 November 2013. Available from: http://blogs.lse.ac.uk/politicsandpolicy/archives/37692.

2012

'More weight for energy prices in inflation index' (Journal article)

Milas, C. (2012). 'More weight for energy prices in inflation index'. The Financial Times (letter), 22 March.

Financial conditions and nonlinearities in the European Central Bank (ECB) reaction function: In and out-of-sample assessment (Journal article)

Milas, C., & Naraidoo, R. (2012). Financial conditions and nonlinearities in the European Central Bank (ECB) reaction function: In and out-of-sample assessment. Computational Statistics & Data Analysis, 56, 173-189.

Greece needs only a small life jacket (Journal article)

Milas, C. (2012). Greece needs only a small life jacket. The Financial Times (letter), 31 August.

NONLINEARITIES AND THE SUSTAINABILITY OF THE GOVERNMENT'S INTERTEMPORAL BUDGET CONSTRAINT (Journal article)

LEGRENZI, G., & MILAS, C. (2012). NONLINEARITIES AND THE SUSTAINABILITY OF THE GOVERNMENT'S INTERTEMPORAL BUDGET CONSTRAINT. Economic Inquiry, 50(4), 988-999. doi:10.1111/j.1465-7295.2011.00402.x

DOI: 10.1111/j.1465-7295.2011.00402.x

Price Transmission in the EU Wholesale Petroleum Markets (Journal article)

Wlazlowski, S., Giulietti, M., Binner, J., & Milas, C. (2012). Price Transmission in the EU Wholesale Petroleum Markets. Journal of Business & Economic Statistics, 30(2), 165-172. doi:10.1080/07350015.2012.672290

DOI: 10.1080/07350015.2012.672290

Turtles would be a more fitting motif (Journal article)

Milas, C. (2012). Turtles would be a more fitting motif. The Financial Times (letter), 12 November.

2011

Debt Sustainability and Financial Crises: Evidence from the GIIPS (Journal article)

Legrenzi, G., & Milas, C. (2011). Debt Sustainability and Financial Crises: Evidence from the GIIPS. CESifo Working Paper No. 3594.

Greeks justified in questioning rating (Journal article)

Milas, C., & Panagiotidis, T. (2011). Greeks justified in questioning rating. The Financial Times (letter), 11 March. Retrieved from http://presscuttings.ft.com/

Pearl Harbor lessons for the eurozone (Journal article)

Milas, C. (2011). Pearl Harbor lessons for the eurozone. The Financial Times (letter), 8 December.

Politicians must agree to save Greece (Journal article)

Milas, C. (2011). Politicians must agree to save Greece. The Financial Times (letter), 10 June. Retrieved from http://presscuttings.ft.com/

Real-time optimal monetary policy with undistinguishable model parameters and shock processes uncertainty (Journal article)

Flamini, A., & Milas, C. (2011). Real-time optimal monetary policy with undistinguishable model parameters and shock processes uncertainty. Studies in Nonlinear Dynamics and Econometrics, 15(2), Article 3.

2010

Basel changes will hit Greece's debt (Journal article)

Milas, C. (2010). Basel changes will hit Greece's debt. The Financial Times (letter), 16 September. Retrieved from http://presscuttings.ft.com/

Financial Market Liquidity and the Financial Crisis: an Assessment Using UK Data (Journal article)

Martin, C., & Milas, C. (2010). Financial Market Liquidity and the Financial Crisis: an Assessment Using UK Data. International Finance, 13, 443-459.

Rising bond spreads and speculation (Journal article)

Milas, C. (2010). Rising bond spreads and speculation. The Financial Times (letter), 20 October. Retrieved from http://presscuttings.ft.com/

Testing the opportunistic approach to monetary policy (Journal article)

Martin, C., & Milas, C. (2010). Testing the opportunistic approach to monetary policy. The Manchester School, 78, 110-125.

The complex response of monetary policy to the exchange rate (Journal article)

Kharel, R. S., Martin, C., & Milas, C. (2010). The complex response of monetary policy to the exchange rate. Scottish Journal of Political Economy, 57, 103-117.

The sub-prime crisis and UK monetary policy (Journal article)

Martin, C., & Milas, C. (2010). The sub-prime crisis and UK monetary policy. International Journal of Central Banking, 6, 119-144.

2009

Does high M4 money growth trigger large increases in UK inflation? Evidence from a regime-switching model (Journal article)

Milas, C. (2009). Does high M4 money growth trigger large increases in UK inflation? Evidence from a regime-switching model. Oxford Economic Papers, 61(1), 168-182. doi:10.1093/oep/gpn013

DOI: 10.1093/oep/gpn013

Editorial: Forecasting returns and risk in financial markets using linear and nonlinear models (Journal article)

Clements, M., Milas, C., & van Dijk, D. (2009). Editorial: Forecasting returns and risk in financial markets using linear and nonlinear models. International Journal of Forecasting, 25, 215-217.

Price dynamics in European petroleum markets (Journal article)

Wlazlowski, S., Binner, J., Giulietti, M., & Milas, C. (2009). Price dynamics in European petroleum markets. Energy Economics, 31, 99-108.

UNCERTAINTY AND MONETARY POLICY RULES IN THE UNITED STATES (Journal article)

MARTIN, C., & MILAS, C. (2009). UNCERTAINTY AND MONETARY POLICY RULES IN THE UNITED STATES. Economic Inquiry, 47(2), 206-215. doi:10.1111/j.1465-7295.2008.00160.x

DOI: 10.1111/j.1465-7295.2008.00160.x

2008

Out-of-sample forecasting of unemployment rates with pooled STVECM forecasts (Journal article)

Milas, C., & Rothman, P. (2008). Out-of-sample forecasting of unemployment rates with pooled STVECM forecasts. International Journal of Forecasting, 24(1), 101-121. doi:10.1016/j.ijforecast.2007.12.003

DOI: 10.1016/j.ijforecast.2007.12.003

2007

Forecasting interest rate swap spreads using domestic and international risk factors: Evidence from linear and non-linear models (Journal article)

Lekkos, I., Milas, C., & Panagiotidis, T. (2007). Forecasting interest rate swap spreads using domestic and international risk factors: Evidence from linear and non-linear models. Journal of Forecasting, 26, 601-619.

2006

Non-linear real exchange rate effects in the UK labour market (Journal article)

Legrenzi, G., & Milas, C. (2006). Non-linear real exchange rate effects in the UK labour market. Studies in Nonlinear Dynamics and Econometrics, 10(1), Article 4.

Nonlinear Time Series Analysis of Business Cycles (Journal article)

Milas, C., Rothman, P., & van Dijk, D. (2006). Nonlinear Time Series Analysis of Business Cycles. Elsevier Science, Amsterdam. In the series Contributions to Economic Analysis (BOOK).

2005

Non-linear inflationary dynamics: Evidence from the UK (Journal article)

Arghyrou, M., Martin, C., & Milas, C. (2005). Non-linear inflationary dynamics: Evidence from the UK. Oxford Economic Papers, 57, 51-69.

The price-dividend relationship in inflationary and deflationary regimes (Journal article)

Madsen, J., & Milas, C. (2005). The price-dividend relationship in inflationary and deflationary regimes. Finance Research Letters, 2, 260-269.

2004

Common risk factors in the US and UK interest rate swap markets: Evidence from a non-linear vector autoregression approach (Journal article)

Lekkos, I., & Milas, C. (2004). Common risk factors in the US and UK interest rate swap markets: Evidence from a non-linear vector autoregression approach. Journal of Futures Markets, 24, 221-250.

Forecasting the spot prices of various coffee types using linear and non-linear error correction models (Journal article)

Milas, C., Otero, J. G., & Panagiotidis, T. (2004). Forecasting the spot prices of various coffee types using linear and non-linear error correction models. International Journal of Finance and Economics, 9, 277-288.

Modelling monetary policy: inflation targeting in practice (Journal article)

Martin, C., & Milas, C. (2004). Modelling monetary policy: inflation targeting in practice. Economica, 71, 209-221.

Time-varying excess returns on UK government bonds: a non linear approach (Journal article)

Lekkos, I., & Milas, C. (2004). Time-varying excess returns on UK government bonds: a non linear approach. Journal of Banking and Finance, 28, 45-62.

2003

Modelling official and parallel exchange rates in Colombia under alternative regimes: a non-linear approach (Journal article)

Milas, C., & Otero, J. G. (2003). Modelling official and parallel exchange rates in Colombia under alternative regimes: a non-linear approach. Economic Modelling, 20, 165-179.

2002

A multivariate approach to the growth of governments (Journal article)

Legrenzi, G., & Milas, C. (2002). A multivariate approach to the growth of governments. Public Finance Review, 30, 56-76.

On the dynamics of lending and deposit interest rates in emerging markets: a non-linear approach (Journal article)

Iregui, A. M., Milas, C., & Otero, J. G. (2002). On the dynamics of lending and deposit interest rates in emerging markets: a non-linear approach. Studies in Nonlinear Dynamics and Econometrics, 6(3), Article 4.

The role of omitted variables in identifying a long-run equilibrium relationship for the Italian government growth (Journal article)

Legrenzi, G., & Milas, C. (2002). The role of omitted variables in identifying a long-run equilibrium relationship for the Italian government growth. International Tax and Public Finance, 9, 435-449.

2001

Identifying the factors that affect interest rate swap spreads: some evidence from the US and the UK (Journal article)

Lekkos, I., & Milas, C. (2001). Identifying the factors that affect interest rate swap spreads: some evidence from the US and the UK. Journal of Futures Markets, 21, 737-768.

Modelling the spot prices of various coffee types (Journal article)

Milas, C., & Otero, J. G. (2001). Modelling the spot prices of various coffee types. Economic Modelling, 18, 625-641.

2000

Employment, output and political business cycle effects in the Greek non tradable sector (Journal article)

Milas, C. (2000). Employment, output and political business cycle effects in the Greek non tradable sector. Applied Economics, 32, 123-133.

1999

Labour market decisions and Greek manufacturing competitiveness (Journal article)

Milas, C. (1999). Labour market decisions and Greek manufacturing competitiveness. Journal of Policy Modelling, 21, 505-513.

Long-run structural estimation of labour market equations with an application to Greece (Journal article)

Milas, C. (1999). Long-run structural estimation of labour market equations with an application to Greece. Economic Modelling, 16, 149-161.

1998

Demand for Greek imports using multivariate cointegration techniques (Journal article)

Milas, C. (1998). Demand for Greek imports using multivariate cointegration techniques. Applied Economics, 30, 1483-1492.
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