Bill Russell

Graduated from the University of Western Australia in 1985 with a Bachelors in Economics (Honours) before undertaking an M.Phil., and D.Phil. at Oxford University which were awarded in 1996. Prior to arriving in Dundee, I worked for ten years in the Research Department of the Reserve Bank of Australia. I am presently a senior lecturer whose primary teaching and research focus is macroeconomics and finance.

Further details concerning my papers including data descriptions and data can be found on my professional web site

Bill's research interests include macroeconomic theory and policy, monetary economics, the labour market and the economics of financial institutions.

• Macroeconomics and Economic Statistics (2B)
• The Economics of Financial Institutions
• Economic Policy

Recent publications

• 2008: Bill Russell and Anindya Banerjee, The Long-run Phillips Curve and Non-stationary Inflation, Journal of Macroeconomics, vol. 30, pp. 1792-1815.
  
  
• 2007: Anindya Banerjee, Paul Mizen and Bill Russell, Inflation, Relative Price Variability and the Markup: Evidence from the United States and the United Kingdom, Economic Modelling, vol. 24, pp. 82-100.
  
  
• 2006: Bill Russell and Anindya Banerjee, A Markup Model for Forecasting Inflation in the Euro Area, Journal of Forecasting, vol. 25, issue 7, November, pp. 495-511.
  
  
• 2005: Anindya Banerjee and Bill Russell, Inflation and Measures of the Markup, Journal of Macroeconomics, vol. 27, pp. 289-306.
  
  
• 2004: Anindya Banerjee and Bill Russell, A Reinvestigation of the Markup and the Business Cycle, Economic Modelling, pp. 267-84, vol. 21.
  
  
• 2002: Nicolas de Roos and Bill Russell, The Exports Transmission Mechanism of Foreign Business Cycles to Australia, Economic Record, pp. 1-10, vol. 78, No. 1, March.
  
  
• 2001: Anindya Banerjee, Lynne Cockerell and Bill Russell, An I(2) Analysis of Inflation and the Markup, Journal of Applied Econometrics, Sargan Special Issue, pp. 221-40, Vol. 16, No. 3, May-June.
  
  
• 2001: Anindya Banerjee and Bill Russell, The Relationship between the Markup and Inflation in the G7 Economies and Australia, Review of Economics and Statistics, pp. 377-87, Vol. 83, No. 2, May.
  
  
• 2001: Anindya Banerjee and Bill Russell, Industry Structure and the Dynamics of Price Adjustment. Applied Economics, pp. 1889-1901, vol. 33, no. 17
  
  
• 1999: de Roos, Nicolas and Bill Russell, An Empirical Note on the Influence of the US Stock Market on Australian Activity, Australian Economic Papers, pp. 291-300, Vol. 39, No. 3, September.
  
  
• 1991: Bill Russell & Warren, Tease, "Employment, Output and Real Wages", Economic Record, Pages 34-45, Vol.67 No. 196, March
  

Unpublished Working Papers

• 2007: Bill Russell, Non-Stationary Inflation and Panel Estimates of United States Short and Long-run Phillips curves, Dundee Discussion Papers, Economic Studies, University of Dundee, May, No. 200
  
  
• 2006: Bill Russell and Anindya Banerjee, The Long-run Phillips Curve and Non-stationary Inflation, European University Institute Working Papers, Eco No. 2006/16.
  
  
• 2006: Bill Russell, Non-Stationary Inflation and the Markup: an Overview of the Research and some Implications for Policy, Dundee Discussion Papers, Department of Economic Studies, University of Dundee, Ausust, No. 191.
  
  
• 2004: Anindya Banerjee and Bill Russell, Competition and the Advent of the Euro, European Forecasting Network internal paper.
  
  
• 2002: Bill Russell, Jonathan Evans and Bruce Preston, The Impact of Inflation and Uncertainty on the Optimum Markup set by Firms. European University Institute Working Papers, Eco No. 2002/2.
  
  
• 2002: Yu-Fu Chen and Bill Russell, An Optimising Model of Price Adjustment with Missing Information. European University Institute Working Papers, Eco No. 2002/3.
  
  
• 1998: Bill Russell, A Rules Based Model of Disequilibrium Price Adjustment with Missing Information, Dundee Discussion Papers, Department of Economic Studies, University of Dundee, November, No. 91.
  
  
• 1996: Bill Russell, The Non-Linear Long-Run Phillips Curve: Implications for Monetary Policy, Applied Economics Discussion Papers Series, University of Oxford, June, No.182.
  
  
• 1995: Cockerell, Lynne and Bill Russell, Australian Price and Wage Inflation: 1971-1994, Reserve Bank of Australia Research Discussion Paper 9509.