All Outputs (475)

Is the relationship between prices and exchange rates homogeneous? (2013)
Journal Article
Hall, S. G., Hondroyiannis, G., Kenjegaliev, A., Swamy, P. A. V. B., & Tavlas, G. S. (2013). Is the relationship between prices and exchange rates homogeneous?. Journal of International Money and Finance, 37, 411-438. https://doi.org/10.1016/j.jimonfin.2013.06.014

Empirical tests of purchasing power parity (PPP) are implicitly based on the conditions of symmetry and proportionality of the price coefficients. We investigate a separate condition, which we term homogeneity. Specifically, while there may be factor... Read More about Is the relationship between prices and exchange rates homogeneous?.

Ethics in tax practice: A study of the effect of practitioner firm size (2013)
Journal Article
Doyle, E., Frecknall-Hughes, J., & Summers, B. (2014). Ethics in tax practice: A study of the effect of practitioner firm size. Journal of Business Ethics, 122(4), 623-641. https://doi.org/10.1007/s10551-013-1780-5

While much of the empirical accounting literature suggests that, if differences do exist, Big Four employees are more ethical than non-Big Four employees, this trend has not been evident in the recent media coverage of Big Four tax practitioners acti... Read More about Ethics in tax practice: A study of the effect of practitioner firm size.

Convergence of inflationary shocks: Evidence from the Caribbean (2013)
Journal Article
Cuestas, J. C., & Ramlogan-Dobson, C. (2013). Convergence of inflationary shocks: Evidence from the Caribbean. The World economy, 36(9), 1229-1243. https://doi.org/10.1111/twec.12082

In this paper, we aim to shed some light on the inflation dynamics in the Caribbean. We analyse the inflation rates for twelve countries using various time series methods. The results show that the inflation rates are mean reverting processes and tha... Read More about Convergence of inflationary shocks: Evidence from the Caribbean.

Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound (2013)
Journal Article
Hall, S. G., Kenjegaliev, A., Swamy, P. A. V. B., & Tavlas, G. S. (2013). Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound. Journal of the Japanese and International Economies, 29(September), 1-20. https://doi.org/10.1016/j.jjie.2013.04.001

We investigate bilateral currency pressures against the US dollar for three currencies: the Japanese yen, the Chinese yuan, and the UK pound during the period 2000:Q1 to 2009:Q4. We employ a model-based methodology to measure exchange market pressure... Read More about Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound.

Recycling: Social norms and warm-glow revisited (2013)
Journal Article
Abbott, A., Nandeibam, S., & O'Shea, L. (2013). Recycling: Social norms and warm-glow revisited. Ecological economics : the journal of the International Society for Ecological Economics, 90, 10-18. https://doi.org/10.1016/j.ecolecon.2013.02.015

We examine the role of social norms and warm-glow in a theoretical framework and establish that improving the quality of recycling facilities, for example through kerbside collection, will elicit more recycling effort if warm-glow is present. Drawing... Read More about Recycling: Social norms and warm-glow revisited.

Informed trading and market structure (2013)
Journal Article
Cai, C. X., Harris, J. H., Hudson, R. S., & Keasey, K. (2015). Informed trading and market structure. European Financial Management, 21(1), 148-177. https://doi.org/10.1111/eufm.12003

We examine London Stock Exchange trading around information releases and link market quality dimensions with market structure during periods with heightened interaction between informed and uninformed traders. We find support for both the hypothesis... Read More about Informed trading and market structure.

Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity (2013)
Journal Article
Duanmu, J., & Guney, Y. (2013). Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity. International Business Review, 22(1), 126-139. https://doi.org/10.1016/j.ibusrev.2012.02.009

Ethnic networks have been found to have a pro-trade effect in previous research. However, the heterogeneous effect of different ethnicities is under-studied. Drawing on the literature on social structure, this paper attempts to untangle the heterogen... Read More about Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity.

Financial flexibility, corporate investment and performance: evidence from financial crises (2013)
Journal Article
Arslan-Ayaydin, Ö., Florackis, C., & Ozkan, A. (2014). Financial flexibility, corporate investment and performance: evidence from financial crises. Review of Quantitative Finance and Accounting, 42(2), 211-250. https://doi.org/10.1007/s11156-012-0340-x

This study examines the impact of financial flexibility on the investment and performance of East Asian firms over the period 1994-2009. We employ a sample of 1,068 firms and place particular emphasis on the periods of the Asian crisis (1997-1998) an... Read More about Financial flexibility, corporate investment and performance: evidence from financial crises.

The forward rate premium puzzle: a case of misspecification? (2013)
Journal Article
Hall, S. G., Kenjegaliev, A., Swamy, P. A. V. B., & Tavlas, G. S. (2013). The forward rate premium puzzle: a case of misspecification?. Studies in nonlinear dynamics and econometrics / sponsored by the MIT Press and the Society for Nonlinear Dynamics and Econometrics, 17(3), 265-279. https://doi.org/10.1515/snde-2013-0009

Empirical studies often report a negative relationship between the difference in the spot exchange rate and the forward premium, violating the forward-rate unbiasedness hypothesis. Using standard regression on a sample of ten exchange rates, we obtai... Read More about The forward rate premium puzzle: a case of misspecification?.

Procyclical government spending: a public choice analysis (2013)
Journal Article
Abbott, A., & Jones, P. (2013). Procyclical government spending: a public choice analysis. Public Choice, 154(3-4), 243-258. https://doi.org/10.1007/s11127-011-9816-9

Procyclical government spending occurs when government expenditures increase at a faster rate than income in an economic upturn but fall at a faster rate in a recession. Voracity effects occur when competition for increased spending proves more effec... Read More about Procyclical government spending: a public choice analysis.

A problem structuring method for ecosystem-based management : the DPSIR modelling process (2012)
Journal Article
Gregory, A. J., Atkins, J. P., Burdon, D., & Elliott, M. (2018). A problem structuring method for ecosystem-based management : the DPSIR modelling process. European journal of operational research, 227(3), 558-569. https://doi.org/10.1016/j.ejor.2012.11.020

The purpose of this paper is to learn from Complex Adaptive Systems (CAS) theory to inform the development of Problem Structuring Methods (PSMs) both in general and in the specific context of marine management. The focus on marine management is impor... Read More about A problem structuring method for ecosystem-based management : the DPSIR modelling process.

A cost-benefit analysis of Basel III: Some evidence from the UK (2012)
Journal Article
Yan, M., Hall, M. J. B., & Turner, P. (2012). A cost-benefit analysis of Basel III: Some evidence from the UK. International review of financial analysis, 25, 73-82. https://doi.org/10.1016/j.irfa.2012.06.009

This paper provides a long-term cost-benefit analysis for the United Kingdom of the Basel III capital and liquidity requirements proposed by the Basel Committee on Banking Supervision (BCBS, 2010a). We provide evidence that the Basel III reforms will... Read More about A cost-benefit analysis of Basel III: Some evidence from the UK.

How prior realized outcomes affect portfolio decisions (2012)
Journal Article
Duxbury, D., Hudson, R., Keasey, K., Yang, Z., & Yao, S. (2013). How prior realized outcomes affect portfolio decisions. Review of Quantitative Finance and Accounting, 41(4), 611-629. https://doi.org/10.1007/s11156-012-0325-9

Investors have been shown to have particular preferences when it comes to the characteristics of stock they hold in their portfolios, while prior gains and losses have been shown to impact on individuals' economic decisions, both in an investment con... Read More about How prior realized outcomes affect portfolio decisions.

Weighing China's export basket: The domestic content and technology intensity of Chinese exports (2012)
Journal Article
Upward, R., Wang, Z., & Zheng, J. (2013). Weighing China's export basket: The domestic content and technology intensity of Chinese exports. Journal of comparative economics, 41(2), 527-543. https://doi.org/10.1016/j.jce.2012.07.004

In this paper we use new, detailed, and comprehensive linked firm-transaction data to measure the domestic content and technology intensity of Chinese exports over the period 2000-2007. We evaluate the extent of value-added in China's exports, using... Read More about Weighing China's export basket: The domestic content and technology intensity of Chinese exports.

Do low-priced stocks drive long-term contrarian performance on the London Stock Exchange? (2012)
Journal Article
Wu, Y., Li, Y., & Hamill, P. (2012). Do low-priced stocks drive long-term contrarian performance on the London Stock Exchange?. Financial Review, 47(3), 501-530. https://doi.org/10.1111/j.1540-6288.2012.00338.x

We investigate whether low‐priced stocks drive long‐term contrarian performance on the U.K. market. We find that contrarian performance at low, middle, and high price levels is positive. On the Fama‐French risk adjusted basis, we find both low‐priced... Read More about Do low-priced stocks drive long-term contrarian performance on the London Stock Exchange?.

Government bias in education, schooling attainment, and long-run growth (2012)
Journal Article
Bhattarai, K., & Basu, P. (2012). Government bias in education, schooling attainment, and long-run growth. Southern Economic Journal, 79(1), 127-143. https://doi.org/10.4284/0038-4038-79.1.127

A surprising cross-country stylized fact is that higher public spending on education tends to lower the long-run growth rate of per capita GDP and the returns to schooling. This is contrary to the conventional wisdom that education is a major driver... Read More about Government bias in education, schooling attainment, and long-run growth.

Deregulation, competition, and performance measurement of an African Airport: the case of Kotoka international airport of Ghana (2012)
Journal Article
Akwei, C., Tsamenyi, M., & Sa'id, H. (2012). Deregulation, competition, and performance measurement of an African Airport: the case of Kotoka international airport of Ghana. Thunderbird international business review, 54(4), 537-549. https://doi.org/10.1002/tie.21482

This article reports on the results of a case study that explores the performance measurement practice in one of the growing airports in Africa-the Kotoka International Airport (KIA) of Ghana. The article also assesses the performance of the airport... Read More about Deregulation, competition, and performance measurement of an African Airport: the case of Kotoka international airport of Ghana.

Does the local economic performance league table lie? Concentric banding and the Index of Multiple Deprivation 2010 (2012)
Journal Article
Reynolds, M., Nolan, M. A., & Trotter, S. (2012). Does the local economic performance league table lie? Concentric banding and the Index of Multiple Deprivation 2010. Local Economy, 27(4), 403-418. https://doi.org/10.1177/0269094212437834

Why is corruption less harmful to income inequality in Latin America? (2012)
Journal Article
Dobson, S., & Ramlogan-Dobson, C. (2012). Why is corruption less harmful to income inequality in Latin America?. World Development, 40(8), 1534-1545. https://doi.org/10.1016/j.worlddev.2012.04.015

Conventional wisdom says corruption is bad for income inequality. But recent research on Latin America finds a trade-off between corruption and inequality and suggests this is due to the large informal sector in the region. Using data on a large samp... Read More about Why is corruption less harmful to income inequality in Latin America?.

On the problem of network monopoly (2012)
Journal Article
McHardy, J., Reynolds, M., & Trotter, S. (2012). On the problem of network monopoly. Theory and decision, 73(2), 223-248. https://doi.org/10.1007/s11238-012-9303-x

We consider the problem of pricing in a network industry focussing in particular on the issue of cross-network pricing (e.g. cross-network cell phone charges). Economic theory tells us in relation to cross-network pricing that collusion or network mo... Read More about On the problem of network monopoly.