Tim Worrall • Professor of Economics • The University of Edinburgh

III Publications

Journal Articles "Dynamic Relational Contracts under Complete Information" (with Jonathan Thomas), Journal of Economic Theory, May 2018, Volume 175, pages 624-651.
[ doi:10.1016/j.jet.2018.02.004 ]
"Stochastic Stability of Monotone Economies in Regenerative Environments" (with Sergey Foss, Seva Shneer and Jonathan Thomas), Journal of Economic Theory, January, 2018, Volume 173, pages 334-360.
[ doi:10.1016/j.jet.2017.11.004 ]
"Is a Policy of Free Movement of Workers Sustainable?" (with Pierre Picard), Scandinavian Journal of Economics, October, 2016, Volume 118(4), pages 718-754.
[ doi:10.1111/sjoe.12163 ]
"Cost Padding in Regulated Monopolies" (with Spiros Bougheas), International Journal of Industrial Organization, July, 2012, Volume 30(5), pages 331-341.
[ doi:10.1016/j.ijindorg.2011.12.001 ]
"Limited commitment models of the labour market" (with Jonathan Thomas), Scottish Journal of Political Economy, November, 2007, Volume 54(5), pages 750-773.
[ doi:10.1111/j.1467-9485.2007.00440.x ]
"Unemployment insurance under moral hazard and limited commitment: Public versus private provision" (with Jonathan Thomas), Journal of Public Economic Theory, February, 2007, Volume 9(1) pages 151-181.
[ doi:10.1111/j.1467-9779.2007.00302.x ]
"Gift-giving, quasi-credit and reciprocity" (with Jonathan Thomas), Rationality and Society, August, 2002, Volume 14(3), pages 307-351.
[ doi:10.1177/1043463102014003003 ]
"Mutual insurance and limited commitment: Theory and evidence from village economies" (with Ethan Ligon and Jonathan Thomas), Review of Economic Studies, January, 2002 69(1), pages 209-244.
[ doi:10.1111/1467-937X.00204 ]
"Mutual insurance, individual savings and limited commitment" (with Ethan Ligon and Jonathan Thomas), Review of Economic Dynamics April, 2000, Volume 3(2), pages 216-246.
[ doi:10.1006/redy.1999.0081 ]
"The welfare implications of costly monitoring in credit markets" (with Brian Hillier), Economic Journal, March, 1994, Volume 104(423), pages 350-362.
[ doi:10.2307/2234755 ]
"Foreign direct investment and the risk of expropriation" (with Jonathan Thomas), Review of Economic Studies, January, 1994, Volume 61(1), pages 81-108.
[ doi:10.2307/2297878 ]
"Income fluctuation and asymmetric information: An example of a repeated principal-agent model" (with Jonathan Thomas), Journal of Economic Theory, August, 1990, Volume 51(2), pages 367-390.
[ doi:10.1016/0022-0531(90)90023-D ]
"Debt with potential repudiation", European Economic Review, July, 1990, Volume 34(5), pages 1099-1109.
[ doi:10.1016/0014-2921(90)90025-T ]
"Self-enforcing wage contracts" (with Jonathan Thomas), Review of Economic Studies, October, 1988, Volume 55(4), pages 541-554.
[ doi:10.2307/2297404 ]
Book Chapters "Asymmetric Information, Investment Finance and Real Business Cycles" (with Brian Hillier) in The New Macroeconomics: Imperfect Markets and Policy Effectiveness, H. Dixon and N. Rankin (eds.), Cambridge University Press, 1995, pages 245-272.  
"Labour Contract Theory" in The Economics of Missing Markets, Information and Games, F.H. Hahn (ed.), Oxford University Press, 1989, pages 336-359.  
Phd Thesis "Labour Contract Theory: An Examination" PhD Thesis, The University of Liverpool, 1983.