Outputs (22)

Market reforms and commodity price volatility: the case of East African Coffee Market (2013)
Journal Article
Lukanima, B., & Swaray, R. (2014). Market reforms and commodity price volatility: the case of East African Coffee Market. The World economy, 37(8), 1152-1185. https://doi.org/10.1111/twec.12124

The goal of this paper is to examine the impact of commodity market reforms on producer price volatility using evidence from the East African coffee market. The results, based on time-varying volatility models and key summary statistics, show that co... Read More about Market reforms and commodity price volatility: the case of East African Coffee Market.

The intergenerational effect of parental education on child health: evidence from the UK (2013)
Journal Article
Silles, M. A. (2015). The intergenerational effect of parental education on child health: evidence from the UK. Education Economics, 23(4), 455-469. https://doi.org/10.1080/09645292.2013.858660

While many earlier studies have shown a positive correlation between parents' education and children health, little attempt has been made to address the possibility that unobserved characteristics underlie this intergenerational relationship. This pa... Read More about The intergenerational effect of parental education on child health: evidence from the UK.

Does high frequency trading affect technical analysis and market efficiency? And if so, how? (2013)
Journal Article
Manahov, V., Hudson, R., & Gebka, B. (2014). Does high frequency trading affect technical analysis and market efficiency? And if so, how?. Journal of International Financial Markets, Institutions and Money, 28, 131-157. https://doi.org/10.1016/j.intfin.2013.11.002

In this paper we investigate how high frequency trading affects technical analysis and market efficiency in the foreign exchange (FX) market by using a special adaptive form of the Strongly Typed Genetic Programming (STGP)-based learning algorithm. W... Read More about Does high frequency trading affect technical analysis and market efficiency? And if so, how?.

The implications of trader cognitive abilities on stock market properties (2013)
Journal Article
Manahov, V., Soufian, M., & Hudson, R. (2014). The implications of trader cognitive abilities on stock market properties. Intelligent Systems in Accounting, Finance and Management, 21(1), 1-18. https://doi.org/10.1002/isaf.1348

Market structure and individual rationality remain at the centre of a debate as to which is the main driving force in market performance. We examine the role of individual rationality, comparing zero‐intelligence traders with traders with different l... Read More about The implications of trader cognitive abilities on stock market properties.

Corporate dividend policy in Thailand: theory and evidence (2013)
Journal Article
Fairchild, R., Guney, Y., & Thanatawee, Y. (2014). Corporate dividend policy in Thailand: theory and evidence. International review of financial analysis, 31, 129-151. https://doi.org/10.1016/j.irfa.2013.10.006

This paper examines dividend changes in an emerging market: Thailand. We begin by considering the possible effects of the Thai corporate environment on dividend policy. We develop a theoretical model that considers the relationship between the streng... Read More about Corporate dividend policy in Thailand: theory and evidence.

Do dividends signal future earnings in the Nordic stock markets? (2013)
Journal Article
Liljeblom, E., Mollah, S., & Rotter, P. (2015). Do dividends signal future earnings in the Nordic stock markets?. Review of Quantitative Finance and Accounting, 44(3), 493-511. https://doi.org/10.1007/s11156-013-0415-3

We study the informational content of dividends on three Nordic civil law markets, where other simultaneous but blurring motives for dividends may be weaker. Using aggregate data on real earnings per share and payout ratios, long time series from 196... Read More about Do dividends signal future earnings in the Nordic stock markets?.

Adapting financial rationality: Is a new paradigm emerging? (2013)
Journal Article
Soufian, M., Forbes, W., & Hudson, R. (2014). Adapting financial rationality: Is a new paradigm emerging?. Critical Perspectives On Accounting, 25(8), 724-742. https://doi.org/10.1016/j.cpa.2013.08.009

We discuss the implications of an alternative to the efficient market hypothesis (EMH) the adaptive market hypothesis (AMH). The AMH advances a theoretical basis for a new financial paradigm which can better model such phenomena as the recent financi... Read More about Adapting financial rationality: Is a new paradigm emerging?.

Can the benefits of physical seabed restoration justify the costs? An assessment of a disused aggregate extraction site off the Thames Estuary, UK (2013)
Journal Article
Cooper, K., Burdon, D., Atkins, J. P., Weiss, L., Somerfield, P., Elliott, M., Turner, K., Ware, S., & Vivian, C. (2013). Can the benefits of physical seabed restoration justify the costs? An assessment of a disused aggregate extraction site off the Thames Estuary, UK. Marine pollution bulletin, 75(1-2), 33-45. https://doi.org/10.1016/j.marpolbul.2013.08.009

Physical and biological seabed impacts can persist long after the cessation of marine aggregate dredging. Whilst small-scale experimental studies have shown that it may be possible to mitigate such impacts, it is unclear whether the costs of restorat... Read More about Can the benefits of physical seabed restoration justify the costs? An assessment of a disused aggregate extraction site off the Thames Estuary, UK.

Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model (2013)
Journal Article
Bhattarai, K., & Mallick, S. (2013). Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model. North American journal of economics and finance, 25, 40-59. https://doi.org/10.1016/j.najef.2013.03.001

Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income country with lower wage cost and large endowment of labour has comparative advantage in trade. Efficiency gains from this enhance economic growth and... Read More about Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model.

Are income differences within the OECD diminishing? Evidence from Fourier unit root tests (2013)
Journal Article
King, A., & Ramlogan-Dobson, C. (2014). Are income differences within the OECD diminishing? Evidence from Fourier unit root tests. Studies in nonlinear dynamics and econometrics / sponsored by the MIT Press and the Society for Nonlinear Dynamics and Econometrics, 18(2), 185-199. https://doi.org/10.1515/snde-2013-0008

We investigate the income convergence hypothesis for 24 OECD countries using Fourier-type unit root tests that can account for structural breaks of unknown number, timing and functional form in a series’ data generating process. Our results indicate... Read More about Are income differences within the OECD diminishing? Evidence from Fourier unit root tests.