All Outputs (14)

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.

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.

Interest rate clustering in UK financial services markets (2007)
Journal Article
Ashton, J. K., & Hudson, R. S. (2008). Interest rate clustering in UK financial services markets. Journal of Banking and Finance, 32(7), 1393-1403. https://doi.org/10.1016/j.jbankfin.2007.11.002

This study forwards an explanation and empirical investigation of price clustering in retail banking markets. It is proposed that price or interest rate clustering forms in retail markets as firms wish to maximise returns from customers, some of whom... Read More about Interest rate clustering in UK financial services markets.

The impact of managerial entrenchment on agency costs: An empirical investigation using UK panel data (2007)
Journal Article
Florackis, C., & Ozkan, A. (2009). The impact of managerial entrenchment on agency costs: An empirical investigation using UK panel data. European Financial Management, 15(3), 497-528. https://doi.org/10.1111/j.1468-036x.2007.00418.x

This paper empirically investigates the relationship between managerial entrenchment and agency costs for a large sample of UK firms over the period 1999-2005. To measure managerial entrenchment, we use detailed information on ownership and board str... Read More about The impact of managerial entrenchment on agency costs: An empirical investigation using UK panel data.

The role of long memory in hedging effectiveness (2007)
Journal Article
Coakley, J., Dollery, J., & Kellard, N. (2007). The role of long memory in hedging effectiveness. Computational Statistics and Data Analysis, 52(6), 3075 - 3082. https://doi.org/10.1016/j.csda.2007.10.019

A joint fractionally integrated, error-correction and multivariate GARCH (FIEC-BEKK) approach is applied to investigate hedging effectiveness using daily data 1995–2005. The findings reveal the proxied error-correction term has a long memory componen... Read More about The role of long memory in hedging effectiveness.

Input-output and general equilibrium models for Hull and Humber region in England (2007)
Journal Article
Bhattarai, K. (2007). Input-output and general equilibrium models for Hull and Humber region in England. Atlantic Economic Journal, 35(4), 473-490. https://doi.org/10.1007/s11293-007-9081-y

This paper shows how one can construct an input output table for four Humber sub regions in England with information on levels and share of employment and output provided by the Humber Forum using coefficients from the national input-output table of... Read More about Input-output and general equilibrium models for Hull and Humber region in England.

An application of contingent valuation and decision tree analysis to water quality improvements (2007)
Journal Article
Atkins, J. P., Burdon, D., & Allen, J. H. (2007). An application of contingent valuation and decision tree analysis to water quality improvements. Marine pollution bulletin, 55(10-12), 591-602. https://doi.org/10.1016/j.marpolbul.2007.09.018

This paper applies contingent valuation and decision tree analysis to investigate public preferences for water quality improvements, and in particular reduced eutrophication. Such preferences are important given that the development of EU water quali... Read More about An application of contingent valuation and decision tree analysis to water quality improvements.

Spin-offs, stages of growth and funding issues: Some UK evidence (2007)
Journal Article
Ullah, F., Akbar, S., & Taylor, P. (2007). Spin-offs, stages of growth and funding issues: Some UK evidence. International journal of entrepreneurship and innovation management, 7(6), 524-540. https://doi.org/10.1504/ijeim.2007.014595

This paper explores funding issues at the early development stages of Technology-Based Small Firms (TBSFs) spun-out from universities, non-university research organisations and parent companies. This paper presents empirical evidence for the UK, deri... Read More about Spin-offs, stages of growth and funding issues: Some UK evidence.

Institutional investors and director pay: An empirical study of UK companies (2007)
Journal Article
Dong, M., & Ozkan, A. (2008). Institutional investors and director pay: An empirical study of UK companies. Journal of Multinational Financial Management, 18(1), 16-29. https://doi.org/10.1016/j.mulfin.2007.06.001

This paper empirically examines the determinants of director pay for a sample of listed non-financial firms in the UK by focusing on the effects of institutional ownership on both director pay and pay-performance relationship. Our analysis reveals th... Read More about Institutional investors and director pay: An empirical study of UK companies.

Debt maturity structure of Chinese companies (2007)
Journal Article
Cai, K., Fairchild, R., & Guney, Y. (2008). Debt maturity structure of Chinese companies. Pacific-Basin Finance Journal, 16(3), 268-297. https://doi.org/10.1016/j.pacfin.2007.06.001

Numerous studies have focused on the theoretical and empirical aspects of corporate capital structure since the 1960s. As a new branch of capital structure, however, debt maturity structure has not yet received as much attention as the debt-equity ch... Read More about Debt maturity structure of Chinese companies.

The effects of over-education on earnings in the graduate labour market (2007)
Journal Article
Dolton, P. J., & Silles, M. A. (2008). The effects of over-education on earnings in the graduate labour market. Economics of education review, 27(2), 125-139. https://doi.org/10.1016/j.econedurev.2006.08.008

This paper uses a new survey of graduates from one large civil university in the UK to examine the determinants of over-education and its subsequent impact on labour market earnings. Multiple measurements of over-education were collected to assess th... Read More about The effects of over-education on earnings in the graduate labour market.

Identification, definition and quantification of goods and services provided by marine biodiversity: Implications for the ecosystem approach (2007)
Journal Article
Beaumont, N., Austen, M., Atkins, J., Burdon, D., Degraer, S., Dentinho, T., …Zarzycki, T. (2007). Identification, definition and quantification of goods and services provided by marine biodiversity: Implications for the ecosystem approach. Marine pollution bulletin, 54(3), 253-265. https://doi.org/10.1016/j.marpolbul.2006.12.003

This paper identifies and defines ecosystem goods and services provided by marine biodiversity. Case studies have been used to provide an insight into the practical issues associated with the assessment of marine ecosystem goods and services at speci... Read More about Identification, definition and quantification of goods and services provided by marine biodiversity: Implications for the ecosystem approach.

Power-law behaviour, heterogeneity, and trend chasing (2007)
Journal Article
He, X. Z., & Li, Y. (2007). Power-law behaviour, heterogeneity, and trend chasing. Journal of Economic Dynamics and Control, 31(10), 3396-3426. https://doi.org/10.1016/j.jedc.2006.11.008

Long-range dependence in volatility is one of the most prominent examples in financial market research involving universal power laws. Its characterization has recently spurred attempts to provide some explanations of the underlying mechanism. This p... Read More about Power-law behaviour, heterogeneity, and trend chasing.

The econometric analysis of agent-based models in finance: An application (2007)
Journal Article
Li, Y., Donkers, B., & Melenberg, B. (2007). The econometric analysis of agent-based models in finance: An application. Lecture notes in computer science, 4881 LNCS, 1081-1091. https://doi.org/10.1007/978-3-540-77226-2_108

This paper illustrates how to compare different agent-based models and how to compare an agent-based model with real data. As examples we investigate ARFIMA models, the probability density function, and the spectral density function. We illustrate th... Read More about The econometric analysis of agent-based models in finance: An application.