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Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma (2018)
Journal Article
Dobson, S., & Goddard, J. (2018). Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma. Review of Economic Analysis : REA Rimini Centre for Economic Analysis, 10(3), 285-312

We develop a stylized two-period game-theoretic model of the strategic choices made by soccer teams when selecting between defensive and attacking team formations, and between non-violent and violent styles of play. Cooperative behaviour during the e... Read More about Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma.

A reliability model for assessing corporate governance using machine learning techniques (2018)
Journal Article
Hernandez-Perdomo, E., Guney, Y., & Rocco, C. M. (2019). A reliability model for assessing corporate governance using machine learning techniques. Reliability Engineering and System Safety, 185, 220-231. https://doi.org/10.1016/j.ress.2018.12.027

Corporate governance assesses the efficiency and effectiveness of companies’ operations and decisions to ensure value creation for shareholders and optimal risk taking. As investors’ decision making process largely depends on financial information an... Read More about A reliability model for assessing corporate governance using machine learning techniques.

An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area (2018)
Journal Article
Bhattarai, K., & Carter, M. (in press). An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area. Asian Journal of Economics and Empirical Research, 5(2), 173-182. https://doi.org/10.20448/journal.501.2018.52.173.182

This paper analyses the Taylor rule and its application to monetary policy in the United Kingdom and Euro area. The analysis uses a linear regression on quarterly economic data from 1993Q1 to 2017Q4 for the United Kingdom and 2000Q1 to 2016Q4 for the... Read More about An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area.

The labour market consequences of teenage childbearing (2018)
Journal Article
Silles, M. A. (2019). The labour market consequences of teenage childbearing. Contemporary Economic Policy, 37(4), 694-713. https://doi.org/10.1111/coep.12417

This paper provides estimates of the impact of an unanticipated child during adolescence on labour supply and earnings using data for women who gave birth between 1976 and 2015 drawn from the 1990 and 2000 censuses and the American Community Surveys.... Read More about The labour market consequences of teenage childbearing.

Heterogeneous agent models in financial markets: A nonlinear dynamics approach (2018)
Journal Article
He, X. Z., Li, Y., & Zheng, M. (2019). Heterogeneous agent models in financial markets: A nonlinear dynamics approach. International review of financial analysis, 62, 135-149. https://doi.org/10.1016/j.irfa.2018.11.016

Studies on financial markets have accumulated consistent evidences of stylized facts and anomalies, which can be characterized by stochastic switching among different co-existing market states but yet difficult to reconcile with traditionally rationa... Read More about Heterogeneous agent models in financial markets: A nonlinear dynamics approach.

ISO 9000, activity based costing and organizational performance (2018)
Journal Article
Vetchagool, W., Augustyn, M. M., & Tayles, M. (in press). ISO 9000, activity based costing and organizational performance. Total quality management & business excellence, 1-24. https://doi.org/10.1080/14783363.2018.1549938

This study investigates the potential complementarity between ISO 9000 and Activity Based Costing (ABC). This is undertaken by examining associations between the extent of ISO 9000 implementation and the extent of ABC use and by examining the impact... Read More about ISO 9000, activity based costing and organizational performance.

A new attention proxy and order imbalance: Evidence from China (2018)
Journal Article
Gao, Y., Xiong, X., Feng, X., Li, Y., & Vigne, S. A. (2019). A new attention proxy and order imbalance: Evidence from China. Finance research letters, 29, 411-417. https://doi.org/10.1016/j.frl.2018.11.009

In this paper, we propose a new direct proxy for investors' attention in the Chinese stock market: daily abnormal reading quantity of each stock's posts on the Eastmoney guba website. Using A-shares samples of the Shanghai Stock Exchange, we find tha... Read More about A new attention proxy and order imbalance: Evidence from China.

Education, income and happiness: Panel evidence for the UK (2018)
Journal Article
FitzRoy, F. R., & Nolan, M. A. (in press). Education, income and happiness: Panel evidence for the UK. Empirical economics, https://doi.org/10.1007/s00181-018-1586-5

Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age, to our knowledge for the first time. The highly educated went from lo... Read More about Education, income and happiness: Panel evidence for the UK.

Sustainable decisions on product upgrade confrontations with remanufacturing operations (2018)
Journal Article
Sun, L., Zhang, L., & Li, Y. (2018). Sustainable decisions on product upgrade confrontations with remanufacturing operations. Sustainability, 10(11), Article 4090. https://doi.org/10.3390/su10114090

In recent decades, remanufacturing is perceived to be an environmentally friendly option due to the reduced consumption of materials, energy etc. It should be noted that whether the remanufacturing operations are undertaken by the original equipment... Read More about Sustainable decisions on product upgrade confrontations with remanufacturing operations.

What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act (2018)
Journal Article
Perez-Sebastian, F., & Raveh, O. (2018). What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act. Regional Science and Urban Economics, 73, 251-268. https://doi.org/10.1016/j.regsciurbeco.2018.10.004

In economies with multi-level governments, why would a change in the fiscal rule of a government in one level lead to a fiscal response by a government in a different level? The literature focused primarily on the standard common-pool problem, while... Read More about What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act.

High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems (2018)
Journal Article
Manahov, V., Hudson, R., & Urquhart, A. (2018). High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems. International journal of finance & economics : IJFE, 24(2), 943-962. https://doi.org/10.1002/ijfe.1700

The recent rapid growth of algorithmic high-frequency trading strategies makes it a very interesting time to revisit the long-standing debates about the efficiency of stock prices and the best way to model the actions of market participants. To evalu... Read More about High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems.

Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation (2018)
Journal Article
Ullah, S., Wang, Z., Stokes, P., & Xiao, W. (2019). Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation. Research in international business and finance, 47, 470-486. https://doi.org/10.1016/j.ribaf.2018.09.008

This paper presents empirical evidence on how Chinese firms perceive and tackle risks associated with their overseas investments. Using a first-hand survey dataset of Chinese firms who invest abroad, we depict variations in (1) the levels of differen... Read More about Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation.

Host country institutions and firm-level R&D influences: An analysis of European Union FDI in China (2018)
Journal Article
Cai, H., Boateng, A., & Guney, Y. (2019). Host country institutions and firm-level R&D influences: An analysis of European Union FDI in China. Research in international business and finance, 47, 311-326. https://doi.org/10.1016/j.ribaf.2018.08.006

The paper investigates the effects of institutions and their interaction with firms’ research & development (R&D) levels on foreign direct investment (FDI) inflows in China based on a sample of 680 European Union (EU) firms over the period of 1998 to... Read More about Host country institutions and firm-level R&D influences: An analysis of European Union FDI in China.

Assessing the design of accounting modules across UK higher educational institutions (2018)
Journal Article
Ullah, S., Kimani, D., Bai, Y., & Ahmed, R. (2018). Assessing the design of accounting modules across UK higher educational institutions. Cogent Business and Management, 5(1), 1-12. https://doi.org/10.1080/23311975.2018.1510717

The purpose of this paper is to uncover how accounting modules are designed across UK Higher Educational Institutions. We carried out a content analysis of Undergraduate Year 1 Accounting Module Handbooks for a sample of 12 UK Universities. The stu... Read More about Assessing the design of accounting modules across UK higher educational institutions.

The effects of language skills on economic assimilation of female immigrants in the United States (2018)
Journal Article
Antonia Silles, M. (2018). The effects of language skills on economic assimilation of female immigrants in the United States. The Manchester school, 86(6), 789-815. https://doi.org/10.1111/manc.12231

This paper uses recent data from the American Community Survey between 2010 and 2015 to investigate the effect of language skills on women's economic assimilation who immigrated to the United States as children. The problem of endogenous language acq... Read More about The effects of language skills on economic assimilation of female immigrants in the United States.

Momentum effects in China: A review of the literature and an empirical explanation of prevailing controversies (2018)
Journal Article
Yang, Y., Gebka, B., & Hudson, R. (2019). Momentum effects in China: A review of the literature and an empirical explanation of prevailing controversies. Research in international business and finance, 47, 78-101. https://doi.org/10.1016/j.ribaf.2018.07.003

© 2018 Elsevier B.V. The contribution of this paper is to enable solid conclusions to be drawn about the existence of momentum effects in China as the current evidence is unsatisfactory. We review and analyse the existing empirical studies on momentu... Read More about Momentum effects in China: A review of the literature and an empirical explanation of prevailing controversies.

The public and private marginal product of capital (2018)
Journal Article
Lowe, M., Papageorgiou, C., & Perez Sebastian, F. (2019). The public and private marginal product of capital. Economica, 86(342), 336-361. https://doi.org/10.1111/ecca.12268

Why doesn't capital flow to developing countries as predicted by the neoclassical model? What are the direction and degree of capital misallocation across nations? We revisit these questions by removing public capital from total capital to achieve a... Read More about The public and private marginal product of capital.

Dividend policy of Indonesian listed firms: The role of families and the state (2018)
Journal Article
Duygun, M., Guney, Y., & Moin, A. (2018). Dividend policy of Indonesian listed firms: The role of families and the state. Economic modelling, 75, 336-354. https://doi.org/10.1016/j.econmod.2018.07.007

We investigate factors influencing the dividend policy of the listed Indonesian firms by focusing on agency costs and ownership structure. Our study finds that firms with higher conflicts of interest among managers and shareholders pay lower dividend... Read More about Dividend policy of Indonesian listed firms: The role of families and the state.

Price discovery in the Chinese gold market (2018)
Journal Article
Jin, M., Li, Y., Wang, J., & Yang, Y. C. (2018). Price discovery in the Chinese gold market. Journal of Futures Markets, 38(10), 1262-1281. https://doi.org/10.1002/fut.21938

This study conducts price discovery analysis in the Chinese gold market. Our results indicate that Chinese gold market price discovery occurs predominantly in the futures market. The result is robust to numerous different measures of price discovery,... Read More about Price discovery in the Chinese gold market.

A firm-level analysis of the upstream-downstream dichotomy in the oil-stock nexus (2018)
Journal Article
Swaray, R., & Salisu, A. A. (2018). A firm-level analysis of the upstream-downstream dichotomy in the oil-stock nexus. Global finance journal, 37, 199-218. https://doi.org/10.1016/j.gfj.2018.05.007

In this paper, we query whether the stock prices of nonintegrated firms in the upstream and downstream sectors of the global oil supply chain respond symmetrically to changes in oil prices. This inquiry relates to the “homogenous expectation” assumpt... Read More about A firm-level analysis of the upstream-downstream dichotomy in the oil-stock nexus.