All Outputs (43)

Unemployment-inflation trade-offs in OECD countries (2016)
Journal Article
Bhattarai, K. (2016). Unemployment-inflation trade-offs in OECD countries. Economic modelling, 58, 93-103. https://doi.org/10.1016/j.econmod.2016.05.007

© 2016 The Author. Inflation and unemployment reduce welfare of individuals and should be as low as possible in any economy. Cointegration and Granger causality tests suggest that there are long run relations between these two variables among the OEC... Read More about Unemployment-inflation trade-offs in OECD countries.

Market reaction to seasoned offerings in China (2016)
Journal Article
Liu, J., Akbar, S., Shah, S. Z. A., Zhang, D., & Pang, D. (2016). Market reaction to seasoned offerings in China. Journal of Business Finance and Accounting, 43(5-6), 597-653. https://doi.org/10.1111/jbfa.12198

© 2016 John Wiley & Sons Ltd This study examines stock market reaction to the announcement of various forms of seasoned issues in China. Our empirical evidence demonstrates that market reactions differ in ways that suggest a difference between mana... Read More about Market reaction to seasoned offerings in China.

The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy (2016)
Journal Article
Bhattarai, K., Haughton, J., & Tuerck, D. G. (2016). The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy. International economics and economic policy : IEEP, 13(3), 451-466. https://doi.org/10.1007/s10368-016-0352-4

By replacing the current income tax with a national sales tax, the FairTax proposal would end the double taxation of saving inherent in the existing tax code and, by doing so, raise output, employment, investment and capital stock relative to the ben... Read More about The economic effects of the fair tax: analysis of results of a dynamic CGE model of the US economy.

Determinants of the informal economy of an emerging economy: a multiple indicator, multiple causes approach (2016)
Journal Article
Igudia, E., Ackrill, R., Coleman, S., & Dobson, C. (2016). Determinants of the informal economy of an emerging economy: a multiple indicator, multiple causes approach. International Journal of Entrepreneurship and Small Business, 28(2/3), 154. https://doi.org/10.1504/ijesb.2016.076643

Positing the implementation of evidenced-based policies to manage the informal economy, our paper employs, in a novel way, the multiple-indicator, multiple-cause model and primary data, to identify the determinants of the Nigerian informal economy. B... Read More about Determinants of the informal economy of an emerging economy: a multiple indicator, multiple causes approach.

Who gets caught for corruption when corruption is pervasive? Evidence from China’s anti-bribery blacklist (2016)
Journal Article
Jin, Z., Zhou, L., & Wang, Z. (2017). Who gets caught for corruption when corruption is pervasive? Evidence from China’s anti-bribery blacklist. Applied Economics Letters, 24(4), 258-263. https://doi.org/10.1080/13504851.2016.1181826

© 2016 Informa UK Limited, trading as Taylor & Francis Group. This article empirically investigates why in a corruption-pervasive country only a minority of the firms get caught for bribery while the majority get away with it. By matching manufactu... Read More about Who gets caught for corruption when corruption is pervasive? Evidence from China’s anti-bribery blacklist.

Quota restrictions and intra-firm reallocations : evidence from Chinese exports to the US (2016)
Journal Article
Upward, R., & Wang, Z. (2016). Quota restrictions and intra-firm reallocations : evidence from Chinese exports to the US. Economics letters, 144, 71-74. https://doi.org/10.1016/j.econlet.2016.04.025

We study how Chinese textile and clothing firms adjusted the product structure of their exports to the US, as triggered by the termination of Multifiber Arrangement (MFA) quotas. We find that the removal of MFA quotas induced firms to expand their pr... Read More about Quota restrictions and intra-firm reallocations : evidence from Chinese exports to the US.

Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market (2016)
Journal Article
Ge, T., & Wu, T. (2017). Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market. China Economic Review, 45, 310-328. https://doi.org/10.1016/j.chieco.2016.04.005

The particularly overheated Chinese housing market, with its soaring property prices, has attracted a large amount of research. We point out three of its striking empirical features, which current literature leaves unexplored: co-existence of steady... Read More about Urbanization, inequality and property prices : equilibrium pricing and transaction in the Chinese housing market.

Research methods in taxation history (2016)
Journal Article
Frecknall-Hughes, J. (2016). Research methods in taxation history. Review of behavioral economics, 3(1), 5-20. https://doi.org/10.1561/105.00000041

This paper is an attempt to consider the research methods used in taxation history, which is an area that has attracted increased academic interest in recent years. The paper looks at the various routes that may provide an entry into studying taxatio... Read More about Research methods in taxation history.

A gravity model of remittance determinants: evidence from Latin America and the Caribbean (2016)
Journal Article
McCracken, S., Ramlogan-Dobson, C., & Stack, M. M. (2017). A gravity model of remittance determinants: evidence from Latin America and the Caribbean. Regional studies, 51(5), 737-749. https://doi.org/10.1080/00343404.2015.1133904

A gravity model of remittance determinants: evidence from Latin America and the Caribbean. Regional Studies. This paper constructs a microeconomic model of the motivation for remittances and uses it to explore the macroeconomic determinants. In addit... Read More about A gravity model of remittance determinants: evidence from Latin America and the Caribbean.

The governance, risk-taking, and performance of Islamic banks (2016)
Journal Article
Mollah, S., Hassan, M. K., Al Farooque, O., & Mobarek, A. (2017). The governance, risk-taking, and performance of Islamic banks. Journal of Financial Services Research, 51(2), 195-219. https://doi.org/10.1007/s10693-016-0245-2

We examine whether the difference in governance structures influences the risk taking and performance of Islamic banks compared to conventional banks. Using a sample of 52 Islamic banks and 104 conventional banks in 14 countries for the period from 2... Read More about The governance, risk-taking, and performance of Islamic banks.

Non-competition covenants in acquisition deals (2016)
Journal Article
Azevedo, A., Pereira, P. J., & Rodrigues, A. (2016). Non-competition covenants in acquisition deals. Economics letters, 143, 61-65. https://doi.org/10.1016/j.econlet.2016.03.025

© 2016 Elsevier B.V. We study the changes in the consumers' and producers' surplus associated with acquisition deals where there is a non-competition covenant that forbids the seller from re-entering the market over a given time period. We find that... Read More about Non-competition covenants in acquisition deals.

Are mortgage lenders guilty of the housing bubble? A UK perspective (2016)
Journal Article
Xiao, Q., & Devaney, S. (2016). Are mortgage lenders guilty of the housing bubble? A UK perspective. Applied economics, 48(45), 4271-4290. https://doi.org/10.1080/00036846.2016.1156231

Existing theoretical models of house prices and credit rely on continuous rationality of consumers, an assumption that has been frequently questioned in recent years. Meanwhile, empirical investigations of the relationship between prices and credit a... Read More about Are mortgage lenders guilty of the housing bubble? A UK perspective.

Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods (2016)
Journal Article
Mollah, S., Hou, A. J., Mobarek, A., & Muradoglu, G. (2016). Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods. Journal of Financial Stability, 24, 1-11. https://doi.org/10.1016/j.jfs.2016.03.003

In this paper, we use the DCC MIDAS approach to assess the validity of the wake-up call hypothesis for developed and emerging markets during the global financial crisis (GFC). We use this approach to decompose the total correlations into short- (dail... Read More about Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods.

FDI and growth (2016)
Journal Article
Bhattarai, K. (2016). FDI and growth. Advances in Management and Applied Economics, 6(2), 1-23

Multinational corporations [MNCs] usually engage in foreign direct investment [FDI] to take cost advantages of producing abroad to negate the need for licensing or subsidiary production. At the macro level, FDI accounts for significant proportions of... Read More about FDI and growth.

Natural resources, decentralization, and risk sharing: can resource booms unify nations? (2016)
Journal Article
Pérez-Sebastián, F., & Raveh, O. (2016). Natural resources, decentralization, and risk sharing: can resource booms unify nations?. Journal of Development Economics, 121, 38-55. https://doi.org/10.1016/j.jdeveco.2016.02.003

Previous studies imply that a positive regional fiscal shock, such as a resource boom, strengthens the desire for separation. In this paper we present a new and opposite perspective. We construct a model of endogenous fiscal decentralization that bui... Read More about Natural resources, decentralization, and risk sharing: can resource booms unify nations?.

US dollar carry trades in the era of “cheap money” (2016)
Journal Article
Erdõs, P., Erdos, P., Li, Y., Moore, M., & Shehadeh, A. (2016). US dollar carry trades in the era of “cheap money”. Czech journal of economics and finance, 66(5), 374-404

In this paper, we employ a unique dataset of actual US dollar (USD) forward positions against a number of currencies taken by so-called commodity trading advisors (CTAs). We investigate the extent to which these positions exhibit a pattern of USD car... Read More about US dollar carry trades in the era of “cheap money”.

SME's lending and Islamic finance. Is it a "win-win" situation? (2016)
Journal Article
Shaban, M., Duygun, M., & Fry, J. (2016). SME's lending and Islamic finance. Is it a "win-win" situation?. Economic modelling, 55, 1-5. https://doi.org/10.1016/j.econmod.2016.01.029

Information asymmetry is a common feature that hinders lending to small and medium enterprises (SMEs). In the last decade, the growth in Islamic banks lending to SMEs was overwhelming to the extent that it prompted practitioners to regard this as a “... Read More about SME's lending and Islamic finance. Is it a "win-win" situation?.

An examination of the ethical influences on the work of tax practitioners (2016)
Journal Article
Frecknall-Hughes, J., Moizer, P., Doyle, E., & Summers, B. (2017). An examination of the ethical influences on the work of tax practitioners. Journal of Business Ethics, 146(4), 729-745. https://doi.org/10.1007/s10551-016-3037-6

As a contribution to the continuing debate about tax practitioner ethics, this paper explores the main streams of Western ethical thought that are relevant to tax practitioners’ work, most typically deontology and consequentialism (although virtue et... Read More about An examination of the ethical influences on the work of tax practitioners.

Board independence, audit quality and earnings management: evidence from Egypt (2016)
Journal Article
Khalil, M., & Ozkan, A. (2016). Board independence, audit quality and earnings management: evidence from Egypt. Journal of emerging market finance, 15(1), 84-118. https://doi.org/10.1177/0972652715623701

Using a unique dataset for Egyptian firms, we investigate the relationship between board independence, audit quality and earnings management. We test whether firm-level corporate governance provisions matter in an emerging market setting characterise... Read More about Board independence, audit quality and earnings management: evidence from Egypt.

Identifying the relative importance of stock characteristics (2016)
Journal Article
French, D., Wu, Y., & Li, Y. (2016). Identifying the relative importance of stock characteristics. Journal of Multinational Financial Management, 34, 80-91. https://doi.org/10.1016/j.mulfin.2016.01.002

There is no consensus in the literature as to which stock characteristic best explains returns. In this study, we employ a novel econometric approach better suited than the traditional characteristic sorting method to answer this question for the UK... Read More about Identifying the relative importance of stock characteristics.