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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.

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.

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.

The choice of commodity tax base in the presence of horizontal foreign direct investment (2014)
Journal Article
McCracken, S. (2015). The choice of commodity tax base in the presence of horizontal foreign direct investment. International tax and public finance, 22(5), 811-833. https://doi.org/10.1007/s10797-014-9332-1

We analyse the choice of commodity tax base, when countries set their taxes non-cooperatively in a reciprocal dumping model of homogeneous goods trade with horizontal foreign direct investment (FDI). We show that the consumption base (destination pri... Read More about The choice of commodity tax base in the presence of horizontal foreign direct investment.

A cross-country analysis of herd behavior in Europe (2014)
Journal Article
Mobarek, A., Mollah, S., & Keasey, K. (2014). A cross-country analysis of herd behavior in Europe. Journal of International Financial Markets, Institutions and Money, 32, 107-127. https://doi.org/10.1016/j.intfin.2014.05.008

This paper examines country specific herding behavior in European liquid constituent indices for the period of 2001-2012. While we report insignificant results for the whole period, we document significant herding behavior during crises and asymmetri... Read More about A cross-country analysis of herd behavior in Europe.

Health cycles and health transitions (2014)
Journal Article
Chakraborty, S., Papageorgiou, C., & Perez Sebastian, F. (2016). Health cycles and health transitions. Macroeconomic dynamics, 20(1), 189-213. https://doi.org/10.1017/S1365100514000297

We study the dynamics of poverty and health in a model of endogenous growth and rational health behavior. Population health depends on the prevalence of infectious diseases that can be avoided through costly prevention. The incentive to do so comes f... Read More about Health cycles and health transitions.

Commodity futures price behaviour following large one-day price changes (2014)
Journal Article
Mazouz, K., & Wang, J. (2014). Commodity futures price behaviour following large one-day price changes. Applied financial economics, 24(14), 939-948. https://doi.org/10.1080/09603107.2014.914140

This study examines individual commodity futures price reactions to large one-day price changes, or “shocks”. The mean-adjusted abnormal return model suggests that investors in 6 of the 18 commodity futures examined in this study either underreact or... Read More about Commodity futures price behaviour following large one-day price changes.