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All Outputs (34)

Integrating methods for ecosystem service assessment and valuation: mixed methods or mixed messages? (2015)
Journal Article
Hattam, C., Böhnke-Henrichs, A., Börger, T., Burdon, D., Hadjimichael, M., Delaney, A., …Austen, M. C. (2015). Integrating methods for ecosystem service assessment and valuation: mixed methods or mixed messages?. Ecological economics : the journal of the International Society for Ecological Economics, 120, 126-138. https://doi.org/10.1016/j.ecolecon.2015.10.011

A mixed-method approach was used to assess and value the ecosystem services derived from the Dogger Bank, an extensive shallow sandbank in the southern North Sea. Three parallel studies were undertaken that 1) identified and quantified, where possibl... Read More about Integrating methods for ecosystem service assessment and valuation: mixed methods or mixed messages?.

Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK (2015)
Journal Article
Ali, A., Akbar, S., & Ormrod, P. (2016). Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK. Accounting Forum, 40(1), 45-62. https://doi.org/10.1016/j.accfor.2015.12.001

© 2015 Elsevier Ltd. This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is highe... Read More about Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK.

Measuring performance of non-profit organisations: evidence from large charities (2015)
Journal Article
Boateng, A., Akamavi, R. K., & Ndoro, G. (2016). Measuring performance of non-profit organisations: evidence from large charities. Business ethics : a European review, 25(1), 59-74. https://doi.org/10.1111/beer.12108

How to measure performance in charitable organisations continues to excite interest among academics and practitioners. Despite the intellectual interest, little consensus has emerged as to what are the best measures of performance in charities. This... Read More about Measuring performance of non-profit organisations: evidence from large charities.

From one to many central plans: drug advertising inspections and intra-national protectionism in China (2015)
Journal Article
Eberhardt, M., Wang, Z., & Yu, Z. (2016). From one to many central plans: drug advertising inspections and intra-national protectionism in China. Journal of comparative economics, 44(3), 608-622. https://doi.org/10.1016/j.jce.2015.10.012

This paper provides the first micro-level evidence for the existence and patterns of intra-national protectionism in China. We demonstrate that drug advertising inspections are used by provincial governments to discriminate against firms from outside... Read More about From one to many central plans: drug advertising inspections and intra-national protectionism in China.

Do house prices overreact to relevant information? New evidence from the UK housing market (2015)
Journal Article
Hudson, R., Manahov, V., Metcalf, H., & Zhang, H. (in press). Do house prices overreact to relevant information? New evidence from the UK housing market. Investment management & financial innovations, 12(3), 33-46

We use recent panel data and various empirical models to investigate the validity of the irrational expectations hypothesis and the feedback theory in the UK housing market. We provide the first empirical evidence to justify the statistically signifi... Read More about Do house prices overreact to relevant information? New evidence from the UK housing market.

Investor sentiment and local bias in extreme circumstances: the case of the Blitz (2015)
Journal Article
Urquhart, A., & Hudson, R. (2016). Investor sentiment and local bias in extreme circumstances: the case of the Blitz. Research in international business and finance, 36(January), 340-350. https://doi.org/10.1016/j.ribaf.2015.09.010

© 2015 Elsevier B.V. This paper treats the Blitz, the bombing of Britain during World War Two, as a natural experiment which can provide insights into the effects of investor sentiment on stock returns. The period of the Blitz is very interesting in... Read More about Investor sentiment and local bias in extreme circumstances: the case of the Blitz.

Determinants of International Student Migration (2015)
Journal Article
Abbott, A., & Silles, M. (2016). Determinants of International Student Migration. The World economy, 39(5), 621-635. https://doi.org/10.1111/twec.12319

© 2016 John Wiley & Sons Ltd. This paper considers what factors determine the migration of overseas students, when students cross borders for higher education. We utilise a gravity model for international student mobility and derive estimates for a... Read More about Determinants of International Student Migration.

The natural resource curse and fiscal decentralization (2015)
Journal Article
Pérez-Sebastián, F., & Raveh, O. (2016). The natural resource curse and fiscal decentralization. American journal of agricultural economics, 98(1), 212-230. https://doi.org/10.1093/ajae/aav051

© 2015 The Author. Natural resource abundance is a blessing for some countries, but a curse for others. We show that differences across countries in the degree of fiscal decentralization can contribute to this divergent outcome. Using a large panel o... Read More about The natural resource curse and fiscal decentralization.

Fiscal illusion and cyclical government expenditure: State government expenditure in the United States (2015)
Journal Article
Abbott, A., & Jones, P. (2016). Fiscal illusion and cyclical government expenditure: State government expenditure in the United States. Scottish journal of political economy, 63(2), 177-193. https://doi.org/10.1111/sjpe.12095

© 2016 Scottish Economic Society. A well-established literature argues that fiscal illusion increases the level of government expenditure. This article focuses on the proposition that fiscal illusion also influences the cyclicality of government expe... Read More about Fiscal illusion and cyclical government expenditure: State government expenditure in the United States.

The impact of children on women’s labour supply and earnings in the UK: evidence using twin births (2015)
Journal Article
Silles, M. A. (2016). The impact of children on women’s labour supply and earnings in the UK: evidence using twin births. Oxford economic papers, 68(1), 197-216. https://doi.org/10.1093/oep/gpv055

The objective of this paper is to investigate the effect of children on women’s labour supply and earnings for the United Kingdom. Estimating the causal relationship between family size and economic status is complicated because the same factors that... Read More about The impact of children on women’s labour supply and earnings in the UK: evidence using twin births.

Which heuristics can aid financial-decision-making? (2015)
Journal Article
Forbes, W., Hudson, R., Skerratt, L., & Soufian, M. (2015). Which heuristics can aid financial-decision-making?. International review of financial analysis, 42(December), 199-210. https://doi.org/10.1016/j.irfa.2015.07.002

© 2015 Elsevier Inc. We evaluate the contribution of Nobel Prize-winner Daniel Kahneman, often in association with his late co-author Amos Tversky, to the development of our understanding of financial decision-making and the evolution of behavioural... Read More about Which heuristics can aid financial-decision-making?.

Personalisation of power, neoliberalism and the production of corruption (2015)
Journal Article
Khair, A. H. A., Haniffa, R., Hudaib, M., & Karim, M. N. A. (2015). Personalisation of power, neoliberalism and the production of corruption. Accounting Forum, 39(3), 225-235. https://doi.org/10.1016/j.accfor.2015.06.001

© 2015. This paper utilises a political lens in considering the cause for the production of corruption and the role of political leadership. Specifically, the notion of personalisation of power as advocated by Slater (2003) is adopted to portray how... Read More about Personalisation of power, neoliberalism and the production of corruption.

Identification of house price bubbles using user cost in a state space model (2015)
Journal Article
Zhang, H., Hudson, R., Metcalf, H., & Manahov, V. (2015). Identification of house price bubbles using user cost in a state space model. Applied economics, 47(56), 6088-6101. https://doi.org/10.1080/00036846.2015.1064078

© 2015 Taylor & Francis. This article studies how much variation in house prices results from nonfundamental factors. We propose a relative valuation approach to quantifying a bubble in housing by incorporating the housing User Cost into a state sp... Read More about Identification of house price bubbles using user cost in a state space model.

Neoclassical growth and the natural resource curse puzzle (2015)
Journal Article
Guilló, M. D., & Pérez-Sebastián, F. (2015). Neoclassical growth and the natural resource curse puzzle. Journal of international economics, 97(2), 423-435. https://doi.org/10.1016/j.jinteco.2015.06.002

We advance a novel mechanism that helps to explain the puzzling evidence on the natural resource curse. The new channel arises in a standard dynamic Heckscher-Ohlin model composed of small-open economies that take international output prices as given... Read More about Neoclassical growth and the natural resource curse puzzle.

The benefits of combining seasonal anomalies and technical trading rules (2015)
Journal Article
Gebka, B., Hudson, R. S., & Atanasova, C. V. (2015). The benefits of combining seasonal anomalies and technical trading rules. Finance research letters, 14, 36-44. https://doi.org/10.1016/j.frl.2015.06.001

Although many seasonal anomalies and technical trading rules have been shown to have predictive ability, investigations have focused only on them operating individually. We study the benefits of trading based on combinations of three of the best know... Read More about The benefits of combining seasonal anomalies and technical trading rules.

The causal effect of schooling on smoking behavior (2015)
Journal Article
Silles, M. (2015). The causal effect of schooling on smoking behavior. Economics of education review, 48, 102-116. https://doi.org/10.1016/j.econedurev.2015.06.004

This paper, using data for Great Britain and Northern Ireland, examines the hypothesis that there is a causal relationship between schooling and cigarette smoking. Compulsory schooling laws are exploited to isolate for causation. Cohorts who were tee... Read More about The causal effect of schooling on smoking behavior.

The effect of internal audit function quality and internal audit contribution to external audit on audit fees (2015)
Journal Article
Mat Zain, M., Zaman, M., & Mohamed, Z. (2015). The effect of internal audit function quality and internal audit contribution to external audit on audit fees. International Journal of Auditing, 19(3), 134-147. https://doi.org/10.1111/ijau.12043

Corporate governance mandates and listing rules identify internal audit functions (IAF) as a central internal control mechanism. External auditors are expected to assess the quality of IAF before placing reliance on its work. We provide evidence on t... Read More about The effect of internal audit function quality and internal audit contribution to external audit on audit fees.

Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks (2015)
Journal Article
Mollah, S., & Zaman, M. (2015). Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks. Journal of Banking and Finance, 58, 418-435. https://doi.org/10.1016/j.jbankfin.2015.04.030

The performance and accountability of boards of directors and effectiveness of governance mechanisms continue to be a matter of concern. Focusing on differences between conventional banks and Islamic banks, we examine the effect of (i) Shari’ah super... Read More about Shari’ah supervision, corporate governance and performance: conventional vs. Islamic banks.

How a regulatory capital requirement affects banks' productivity: an application to emerging economies (2015)
Journal Article
Duygun, M., Shaban, M., Sickles, R. C., & Weyman-Jones, T. (2015). How a regulatory capital requirement affects banks' productivity: an application to emerging economies. Journal of productivity analysis, 44(3), 237-248. https://doi.org/10.1007/s11123-015-0451-1

© 2015, Springer Science+Business Media New York. This paper presents a novel approach to measure efficiency and productivity decomposition in the banking systems of emerging economies with a special focus on the role of equity capital. We model the... Read More about How a regulatory capital requirement affects banks' productivity: an application to emerging economies.