Professor David Peel
BA Warwick University
Chair
Department
Economics
Current Teaching
Undergraduate: ECON 202, ECON203
Postgraduate (MSc): ECON 400
Research Interests
Modelling of macroeconomic relationships particularly applications of non-linear time series to macroeconomic time series such as purchasing power parity, inflation.
Economics of independent central banks. Political theory of business cycle-voting behaviour. Economics of gambling markets.
Profile
David Peel is a Professor in Economics. He was educated at University of Warwick. He has held previous posts at the University of Liverpool, Aberystwyth and University of Cardiff. Professor Peel has published widely on empirical and theoretical issues in macroeconomics and the economics of gambling markets.
He has published pioneering papers in the application of nonlinear –ESTAR models to purchasing power parity deviations, the political theory of the business cycle, uncertainty and football attendance , central banks with asymmetric preferences and political popularity series modelled as fractional processes.
He is currently working on speculative bubbles, purchasing power parity, forecast evaluation, the implications of different specifications of utility functions for the favourite –longshot bias observed in some gambling markets. Applications of the wild bootstrap. Professor Peel is a member of the editorial boards of Journal Of Forecasting, Applied Economics, Applied Financial Economics,Applied Economics Letters, Journal Of Business Finance cand Accounting, Singapore Journal Of Economics. Outside work David is married with two children and his leisure interests include sport, chess and movies.
Journal article (96)
Chapter (10)
Working paper (16)
Selected publications (19)
View all publications (124)
Publications
- Peel D and Paya I, 2006, 'On the speed of adjustment in ESTAR models when allowance is made for bias in estimation', Economics Letters, vol 90, no. 2, pp. 272-277.
View details - Peel D and Paya I, 2006, 'A new analysis of the determinants of the real dollar-sterling exchange rate: 1871-1994', Journal of Money, Credit and Banking, vol 38, no. 8, pp. 1971-1990.
View details - Peel D, Ioannides C and Matthews K, 2006, 'Expected stock returns, aggregate consumption and wealth: some further empirical evidence', Journal of Macroeconomics, vol 28, no. 2, pp. 439-445.
View details - Peel D, Davidson J and Byers D, 2006, 'Support for Governments and leaders: fractional cointegration analysis of poll evidence from the UK, 1960-2004', Studies in Nonlinear Dynamics and Econometrics, vol 10, no. 1, pp. Article 3.
View details - Peel D and Paya I, 2005, 'The process followed by PPP data: on the properties of linearity tests', Applied Economics, vol 37, no. 21, pp. 2515-2522.
View details - Peel D and Paya I, 2005, 'Ex ante real returns in forward market speculation in the interwar period: evidence and prediction', in New Trends in Macroeconomics, Springer, Berlin, pp. 125-146, ISBN: 3540214488
View details - Peel D, Paya I, Law D and Peirson J, 2005, 'Testing for market efficiency in gambling markets: some observations and new statistical tests based on a bootstrap method', in Information Efficiency in Financial and Betting Markets, Cambridge University Press, Cambridge, pp. 346-365, ISBN: 0521816033
View details - Peel D and Venetis I A, 2005, 'Non-linearity in stock index returns: the volatility and serial correlation relationship', Economic Modelling, vol 22, no. 1, pp. 1-19.
View details - Peel D and Venetis I A, 2005, 'Smooth transition models and arbitrage consistency', Economica, vol 72, no. 3, pp. 413-430.
View details - Peel D, Paya I and Matthews K, 2005, 'The term spread and real economic activity in the US inter-war period', Journal of Macroeconomics, vol 27, no. 2, pp. 331-343.
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