Dr Peter Macmillan

Senior Lecturer

Researcher profile

Phone

+44 (0)1334 46 2433

Email

pdm1@st-andrews.ac.uk

 

Research areas

Peter’s research areas are largely within monetary and financial economics. His main research focus is on the term structure of interest rates (the relationship between interest rates or bond yields that differ only in their term to maturity). Peter also works on aspects of monetary policy (for example the extent to which inflation targeting central banks have lower inflation outcomes). He also researches into the impact of macroeconomic factors on asset prices.

Selected publications

• Open access

  What have the monetary authorities really stabilised, and does it matter?

  Cobham, D. P. & Macmillan, P., 1 Feb 2023, In: Open Economies Review. 34, p. 43-70 28 p.

  Research output: Contribution to journal › Article › peer-review

• Open access

  Economic performance under different monetary policy frameworks

  Cobham, D., Macmillan, P., Mason, C. & Song, M., 12 Mar 2022, In: Journal of Policy Modeling. 44, 2, p. 431-449 19 p.

  Research output: Contribution to journal › Article › peer-review

• Non-linear predictability of stock market returns: comparative evidence from Japan and the US

  Macmillan, P. & Humpe, A., 2014, In: Investment Management and Financial Innovations. 11, 4, 38 p.

  Research output: Contribution to journal › Article › peer-review

• Can macroeconomic variables explain long-term stock market movements? A comparison of the US and Japan

  Humpe, A. & Macmillan, P., 2009, In: Applied Financial Economics. 19, 2, p. 111-119 9 p.

  Research output: Contribution to journal › Article › peer-review

• Can macroeconomic variables explain long term stock market movements? A comparison of the US and Japan

  Macmillan, P. & Humpe, A., 2007, (University of St Andrews, School of Economics and Finance, Discussion Paper; no. 0720).

  Research output: Working paper

• Explaining International Soccer Rankings

  Macmillan, P. & Smith, I., Apr 2007, In: Journal of Sports Economics. 8, 2, p. 202-213 12 p.

  Research output: Contribution to journal › Article › peer-review

• Independence Day for the "Old Lady": A Natural Experiment on the Implications of Central Bank Independence

  Chadha, J. S., Macmillan, P. & Nolan, C., Jun 2007, In: Manchester School. 75, 3, p. 311-327 17 p.

  Research output: Contribution to journal › Article › peer-review

• Explaining International Soccer Rankings

  Macmillan, P. & Smith, I., 2006, (CRIEFF, Discussion Paper; no. 0612).

  Research output: Working paper

• Independence Day for the "Old Lady": A Natural Experiment on the Implications of Central Bank Independence

  Chadha, J. S., Macmillan, P. & Nolan, C., 2006, (Centre for Dynamic Macroeconomic Analysis, Working Paper; no. 0602).

  Research output: Working paper

• EMU and the ACP countries

  Macmillan, P. & Watson, A. M. S., 14 Feb 2005, European Union and the Developing Countries: The Cotonou Agreement. Babarinde, O. & Faber, G. (eds.). Brill, p. 219–259

  Research output: Chapter in Book/Report/Conference proceeding › Chapter

 

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