Outputs (612)

The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions (2008)
Journal Article
Antoniou, A., Guney, Y., & Paudyal, K. (2008). The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions. Journal of Financial and Quantitative Analysis, 43(1), 59-92. https://doi.org/10.1017/s0022109000002751

The paper investigates how firms operating in capital market-oriented economies (the U.K. and the U.S.) and bank-oriented economies (France, Germany, and Japan) determine their capital structure. Using panel data and a two-step system-GMM procedure,... Read More about The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions.

Trading frictions and market structure: An empirical analysis (2008)
Journal Article
Cai, C. X., Hillier, D., Hudson, R., & Keasey, K. (2008). Trading frictions and market structure: An empirical analysis. Journal of Business Finance and Accounting, 35(3-4), 563-579. https://doi.org/10.1111/j.1468-5957.2008.02076.x

Market structure affects the informational and real frictions faced by traders in equity markets. Using bid-ask spreads, we present evidence which suggests that while real frictions associated with the costs of supplying immediacy are less in order-d... Read More about Trading frictions and market structure: An empirical analysis.

Firm size, sector and market valuation of R&D expenditures (2008)
Journal Article
Shah, S. Z. A., Stark, A. W., & Akbar, S. (2008). Firm size, sector and market valuation of R&D expenditures. Applied financial economics letters, 4(2), 87-91. https://doi.org/10.1080/17446540701537756

Significant market value effects of RD are found for UK firms of all sizes. Sector-based analyses indicate large, positive and statistically significant influences of RD on market values of UK firms in both manufacturing and nonmanufacturing sectors.

An empirical study of interest rate determination rules (2008)
Journal Article
Bhattarai, K. (2008). An empirical study of interest rate determination rules. Applied financial economics, 18(4), 327-343. https://doi.org/10.1080/09603100500447560

This paper finds empirical support for a Taylor (1993) type interest rate determination rule. The model is solved analytically, estimated and used for simulation, impulse response analyses and forecasting with quarterly time series data for the UK an... Read More about An empirical study of interest rate determination rules.

What makes a die-hard entrepreneur? Beyond the ‘employee or entrepreneur’ dichotomy (2008)
Journal Article
Burke, A. E., FitzRoy, F. R., & Nolan, M. A. (2008). What makes a die-hard entrepreneur? Beyond the ‘employee or entrepreneur’ dichotomy. Small business economics, 31(2), 93-115. https://doi.org/10.1007/s11187-007-9086-6

The article makes three contributions to the economics literature on entrepreneurship. We offer a new measure of entrepreneurship which accounts for variations in persistence in self-employment and as a result avoids the weakness of approaches which... Read More about What makes a die-hard entrepreneur? Beyond the ‘employee or entrepreneur’ dichotomy.

Patents, R&D and lag effects: evidence from flexible methods for count panel data on manufacturing firms (2008)
Journal Article
Gurmu, S., & Pérez-Sebastián, F. (2008). Patents, R&D and lag effects: evidence from flexible methods for count panel data on manufacturing firms. Empirical economics, 35(3), 507-526. https://doi.org/10.1007/s00181-007-0176-8

This paper investigates the relationship between patents and research and development expenditures using new longitudinal patent data at the firm level for the U.S. manufacturing sector from 1982 to 1992. The paper also develops a new class of count... Read More about Patents, R&D and lag effects: evidence from flexible methods for count panel data on manufacturing firms.

Welfare impacts of equal-yield tax reforms in the UK economy (2007)
Journal Article
Bhattarai, K. R. (2007). Welfare impacts of equal-yield tax reforms in the UK economy. Applied economics, 39(12), 1545-1563. https://doi.org/10.1080/00036840600571100

A multisectoral dynamic general equilibrium tax model with and without announcement effects for open and closed capital markets is used to evaluate efficiency gains and transitional effects from equal-yield tax reforms for seven different taxes in th... Read More about Welfare impacts of equal-yield tax reforms in the UK economy.

Supply chain management implementation in Austria (2007)
Presentation / Conference Contribution
Kotzab, H., Grant, D. B., & Teller, C. Supply chain management implementation in Austria. Presented at Logistics Research Network 2007 Conference, Hull, UK

Supply chain management (SCM) enables the internal and external integration of business processes with customers and suppliers in order to add customer value. There is a burgeoning need to implement SCM in organizations stemming from increased compet... Read More about Supply chain management implementation in Austria.

Using activity-based costing for cost-to-serve in order fulfillment and warehouse management (2007)
Presentation / Conference Contribution
Grant, D., Kiokpas, I., & Yiortsos, T. Using activity-based costing for cost-to-serve in order fulfillment and warehouse management. Presented at 12th Annual Logistics Research Network Conference, Hull, UK

Heterogeneity, convergence, and autocorrelations (2007)
Journal Article
He, X. Z., & Li, Y. (2008). Heterogeneity, convergence, and autocorrelations. Quantitative finance, 8(1), 59-79. https://doi.org/10.1080/14697680601159500

This paper is a contribution to the literature on the explanatory power and calibration of heterogeneous asset pricing models. We set out a new stochastic market-fraction asset pricing model of fundamentalists and trend followers under a market maker... Read More about Heterogeneity, convergence, and autocorrelations.