All Outputs (438)

Is investor sentiment contagious? International sentiment and UK equity returns (2015)
Journal Article
Hudson, Y., & Green, C. J. (2015). Is investor sentiment contagious? International sentiment and UK equity returns. Journal of behavioral and experimental finance, 5, 46-59. https://doi.org/10.1016/j.jbef.2015.02.004

This paper contributes to a growing body of literature studying investor sentiment. Separate sentiment measures for UK investors and UK institutional investors are constructed from commonly cited sentiment indicators using the first principle compone... Read More about Is investor sentiment contagious? International sentiment and UK equity returns.

Financial deepening and economic growth in advanced and emerging economies (2015)
Journal Article
Bhattarai, K. (2015). Financial deepening and economic growth in advanced and emerging economies. Review of development economics, 19(1), 178-195. https://doi.org/10.1111/rode.12133

While over-…financing caused crises and slow growth in advanced economies including Germany, France and the UK after 2008, more prudent …financial deepening sustained higher economic growth in China and India - two major emerging economies in the wor... Read More about Financial deepening and economic growth in advanced and emerging economies.

Parental expectations and school enrolment decisions: Evidence from rural Ghana (2015)
Journal Article
Ahiakpor, F., & Swaray, R. (2015). Parental expectations and school enrolment decisions: Evidence from rural Ghana. Review of development economics, 19(1), 132-142. https://doi.org/10.1111/rode.12122

We use field data to investigate factors which influence parents’ decision to enrol children in schools in rural Ghana. The empirical results identified a host of socio-economic and household-level factors including remittances parents expect from in... Read More about Parental expectations and school enrolment decisions: Evidence from rural Ghana.

Market failure, government inefficiency, and optimal R&D policy (2015)
Journal Article
Perez-Sebastian, F. (2015). Market failure, government inefficiency, and optimal R&D policy. Economics letters, 128, 43-47. https://doi.org/10.1016/j.econlet.2015.01.012

This paper presents a growth model that can explain the coexistence of intellectual property rights and R&D subsidies as a response to the presence of both market and government failures. The framework can also generate the observed positive correlat... Read More about Market failure, government inefficiency, and optimal R&D policy.

Testing of a market fraction model and power-law behaviour in the DAX 30 (2015)
Journal Article
He, X. Z., & Li, Y. (2015). Testing of a market fraction model and power-law behaviour in the DAX 30. Journal of Empirical Finance, 31, 1-17. https://doi.org/10.1016/j.jempfin.2015.01.001

This paper tests a simple market fraction asset pricing model with heterogeneous agents. By selecting a set of structural parameters of the model through a systematic procedure, we show that the autocorrelations (of returns, absolute returns and squa... Read More about Testing of a market fraction model and power-law behaviour in the DAX 30.

The claim to the tax domain: examining the activities of accountants in the late nineteenth and early twentieth centuries (2014)
Journal Article
Frecknall-Hughes, J. (2014). The claim to the tax domain: examining the activities of accountants in the late nineteenth and early twentieth centuries. Accounting, finance & governance review : the Journal of the Irish Accounting and Finance Association, 21(1/2), 433-59

This paper examines the activities of UK accountants in the late nineteenth and early twentieth centuries. Its aim is to determine the nature of their work in relation to taxation, by looking chiefly at the contemporary evidence provided by The Accou... Read More about The claim to the tax domain: examining the activities of accountants in the late nineteenth and early twentieth centuries.

Revenue sharing in a sports league with an open market in playing talent (2014)
Journal Article
Dobson, S., & Goddard, J. (2014). Revenue sharing in a sports league with an open market in playing talent. Theoretical Economics Letters, 4(6), 410-414. https://doi.org/10.4236/tel.2014.46052

In this paper we develop an economic model of a professional sports league, in which the teams acquire playing talent in an external market. There have been several earlier formulations of this open model and all rely upon an inappropriately specifie... Read More about Revenue sharing in a sports league with an open market in playing talent.

Testing the tunnel effect: comparison, age and happiness in UK and German panels (2014)
Journal Article
FitzRoy, F. R., Nolan, M. A., Steinhardt, M. F., & Ulph, D. (2014). Testing the tunnel effect: comparison, age and happiness in UK and German panels. IZA Journal of European Labor Studies, 3(1), 24. https://doi.org/10.1186/2193-9012-3-24

In contrast to previous results combining all ages, we find positive effects of comparison income on happiness for the under 45s and negative effects for those over 45. In the UK, these coefficients are several times the magnitude of own income effec... Read More about Testing the tunnel effect: comparison, age and happiness in UK and German panels.

Financial deepening and economic growth (2014)
Journal Article
Bhattarai, K. (2015). Financial deepening and economic growth. Applied economics, 47(11), 1133-1150. https://doi.org/10.1080/00036846.2014.993130

The core of Shapley-Shubik games and general equilibrium models with a Venn diagram is applied for a theory on the role of real finance in economic growth among advanced economies. Then the dynamic computable general equilibrium (DCGE) models for Ger... Read More about Financial deepening and economic growth.

Renewables-to-reefs? – Decommissioning options for the offshore wind power industry (2014)
Journal Article
Smyth, K., Christie, N., Burdon, D., Atkins, J. P., Barnes, R., & Elliott, M. (2015). Renewables-to-reefs? – Decommissioning options for the offshore wind power industry. Marine pollution bulletin, 90(1-2), 247-258. https://doi.org/10.1016/j.marpolbul.2014.10.045

The offshore wind power industry is relatively new but increasing globally, hence it is important that the whole life-cycle is managed. The construction–operation–decommissioning cycle is likely to take 20– 30 years and whilst decommissioning may not... Read More about Renewables-to-reefs? – Decommissioning options for the offshore wind power industry.

Valuing conservation benefits of an offshore marine protected area (2014)
Journal Article
Börger, T., Hattam, C., Burdon, D., Atkins, J. P., & Austen, M. C. (2014). Valuing conservation benefits of an offshore marine protected area. Ecological economics : the journal of the International Society for Ecological Economics, 108, 229-241. https://doi.org/10.1016/j.ecolecon.2014.10.006

Increasing anthropogenic pressure in the offshore marine environment highlights the need for improved management and conservation of offshore ecosystems. This study scrutinises the applicability of a discrete choice experiment to value the expected b... Read More about Valuing conservation benefits of an offshore marine protected area.

Welfare policies, relative income and majority choice: Welfare policies, relative income and majority choice (2014)
Journal Article
FitzRoy, F., & Nolan, M. (2016). Welfare policies, relative income and majority choice: Welfare policies, relative income and majority choice. The Manchester school, 84(1), 81-94. https://doi.org/10.1111/manc.12083

In a model with heterogeneous workers, quasi‐linear utility and both intensive and extensive margins of employment, we investigate welfare with optimal linear taxes and wage subsidies under Rawlsian and utilitarian objectives, and the effects of conc... Read More about Welfare policies, relative income and majority choice: Welfare policies, relative income and majority choice.

Effectiveness of performance appraisal: An integrated framework (2014)
Journal Article
Iqbal, M. Z., Akbar, S., & Budhwar, P. (2015). Effectiveness of performance appraisal: An integrated framework. International Journal of Management Reviews, 17(4), 510-533. https://doi.org/10.1111/ijmr.12050

© 2015 British Academy of Management and John Wiley & Sons Ltd. Based on a robust analysis of the existing literature on performance appraisal (PA), this paper makes a case for an integrated framework of effectiveness of performance appraisal (EPA)... Read More about Effectiveness of performance appraisal: An integrated framework.

Marine ecosystem services: Linking indicators to their classification (2014)
Journal Article
Hattam, C., Atkins, J. P., Beaumont, N., Börger, T., Böhnke-Henrichs, A., Burdon, D., …Austen, M. C. (2015). Marine ecosystem services: Linking indicators to their classification. Ecological Indicators, 49, 61-75. https://doi.org/10.1016/j.ecolind.2014.09.026

© 2014 Elsevier Ltd. All rights reserved. There is a multitude of ecosystem service classifications available within the literature, each with its own advantages and drawbacks. Elements of them have been used to tailor a generic ecosystem service cla... Read More about Marine ecosystem services: Linking indicators to their classification.

Is Africa actually developing? (2014)
Journal Article
King, A., & Ramlogan-Dobson, C. (2015). Is Africa actually developing?. World Development, 66, 598-613. https://doi.org/10.1016/j.worlddev.2014.09.023

The results of previous time-series studies of the income convergence hypothesis indicate that practically no African economies are systematically closing their income gap with the rich world. This implies that almost the entire continent is not ‘dev... Read More about Is Africa actually developing?.

'Leaning against an open door' : ideology and the cyclicality of public expenditure (2014)
Journal Article
Abbott, A., & Jones, P. (2014). 'Leaning against an open door' : ideology and the cyclicality of public expenditure. Journal of policy modeling, 36(6), 957-969. https://doi.org/10.1016/j.jpolmod.2014.09.003

When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of gover... Read More about 'Leaning against an open door' : ideology and the cyclicality of public expenditure.

Pressures to increase public expenditure and patterns of procyclical expenditure (2014)
Journal Article
Abbott, A., & Jones, P. (2014). Pressures to increase public expenditure and patterns of procyclical expenditure. Economic issues, 19(2), 39-53

This paper draws on the literature that explains why governments spend procyclically, to predict the pattern of cyclical expenditure across government budgets. Procyclical expenditure increases at a faster rate than income in economic upturns and fal... Read More about Pressures to increase public expenditure and patterns of procyclical expenditure.

Board composition, grey directors and corporate failure in the UK (2014)
Journal Article
Wu, C. Y., & Hsu, H. (2014). Board composition, grey directors and corporate failure in the UK. The British accounting review, 46(3), 215-227. https://doi.org/10.1016/j.bar.2013.12.002

This study examines the effect of board composition on the likelihood of corporate failure in the UK. We consider both independent and non-independent (grey) non-executive directors (NEDs) to enhance our understanding of the impact of NEDs’ personal... Read More about Board composition, grey directors and corporate failure in the UK.

Informative content of insider purchases: evidence from the financial crisis (2014)
Journal Article
Ozkan, A., & Trzeciakiewicz, A. (2014). Informative content of insider purchases: evidence from the financial crisis. Review of Behavioural Finance, 6(1), 26-45. https://doi.org/10.1108/RBF-01-2014-0008

Purpose – The purpose of this paper is to investigate the impact of insider trading on subsequent stock returns in the UK, with a specific focus on the impact of the global financial crisis of 2007-2008 on the relation between CEO and CFO stock purch... Read More about Informative content of insider purchases: evidence from the financial crisis.

Equilibrium unemployment in a general equilibrium model with taxes (2014)
Journal Article
Bhattarai, K., & Dixon, H. (2014). Equilibrium unemployment in a general equilibrium model with taxes. The Manchester school, 82(Supplement S1), 90-128. https://doi.org/10.1111/manc.12066

The ratio of unemployed to vacancies has risen sharply in the UK after the recession of 2008/09. How harmful is it for the long run growth, equity and efficiency and what sorts of long run cycles does it generate in the economy? With a dynamic comput... Read More about Equilibrium unemployment in a general equilibrium model with taxes.