This thesis responds to calls from prominent academics for research on the so-called investment management ‘black box’ of decision-making practices in capital markets.
Motivated by four overarching research objectives, the study examines the followi...
Read More about Decision-making in the fund management industry: Empirical evidence from European fund managers, buy-side analysts and sell-side analysts.
All Outputs (59)
Puzzle me this? The Vietnamese reverse gender education gap (2019)
Preprint / Working Paper
We investigate within the context of Vietnam how circumstances at age 15 or 16 relate to completion of upper secondary education four years later. We exploit the longitudinal elements of the Vietnam Access to Resources Household Survey to identify ho... Read More about Puzzle me this? The Vietnamese reverse gender education gap.
Investigating the effect of managerial compensation incentives on investment and financing decisions (1077) (2019)
Presentation / Conference Contribution
The five safes of risk-based anonymization (2019)
Journal Article
The sharing of data for the purposes of data analysis and research can have many benefits. At the same time, concerns and controversies about data ownership and data privacy elicit significant debate. So how do we utilize data in a way that protects... Read More about The five safes of risk-based anonymization.
Government Say-on-Pay, Social Capital and Corporate Social Responsibility Performance: Evidence from China (2019)
Presentation / Conference Contribution
In the backdrop of a serial of regulations issued by the Chinese government in an effort to rein in top executives’ compensation in the state-owned enterprises, this study finds that the pay restriction on top executives adversely affects the CSR per... Read More about Government Say-on-Pay, Social Capital and Corporate Social Responsibility Performance: Evidence from China.
Analyzing the disclosure risk of regression coefficients (2019)
Journal Article
A major growth area in social science research this century has been access to highly sensitive confidential microdata, often via restricted-access remote facilities. These allow researchers highly unlimited access to manipulate the data but with che... Read More about Analyzing the disclosure risk of regression coefficients.
Educational attainment and the Brexit vote (2019)
Journal Article
The Brexit vote is the most significant political event in recent British history. We present bivariate choropleth maps comparing the Leave vote share with age-adjusted secondary educational attainment. This provides an immediate visual representatio... Read More about Educational attainment and the Brexit vote.
Learning, heterogeneity, and complexity in the New Keynesian model (2019)
Journal Article
We present a New Keynesian model in which a fraction n of agents are fully rational, and a fraction 1 − n of agents are bounded rational. After deriving a simple reduced form, we demonstrate that the Taylor condition is sufficient for determinacy and... Read More about Learning, heterogeneity, and complexity in the New Keynesian model.
Not just arms and legs: Student working and the local labour market (2019)
Presentation / Conference Contribution
Bank-lending channel of monetary policy transmission: Evidence from ASEAN (2019)
Journal Article
This article examines the existence of a bank-lending channel in Association of Southeast Asian Nations (ASEAN) using a sample of 328 banks from 2009 to 2015. The findings confirm that a bank-lending channel is effective. In particular, we find that... Read More about Bank-lending channel of monetary policy transmission: Evidence from ASEAN.
Assessing the gap between integrated reporting and current integrated corporate reporting practice: Special reference to listed companies in Maldives (2019)
Presentation / Conference Contribution
Industry concentration and technological progress in U.S. industries (2019)
Preprint / Working Paper
This paper analyzes the impact of increasing concentration on the pace of technological progress in the U.S. economy. Since the beginning of the 2000s, the U.S. economy has been in a period of slower capital accumulation marked by lower aggregate pro... Read More about Industry concentration and technological progress in U.S. industries.
Repurchase agreements and the (de)construction of financial markets (2019)
Journal Article
© 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group. The safety of repurchase agreements (repos) depends on the neoclassical premise that markets are reliable sources of liquidity; repos in practice disprove the theory by generatin... Read More about Repurchase agreements and the (de)construction of financial markets.
Training, research and development, and spillover effects of foreign direct investment: A study on labour productivity in Malaysian manufacturing industry (2019)
Journal Article
Using 2-digit levels of panel data set from 16 manufacturing industries during the period of 2000-2014, the present study adds to the literature by presenting new evidence at the industry level. We investigated the impact of training and research and... Read More about Training, research and development, and spillover effects of foreign direct investment: A study on labour productivity in Malaysian manufacturing industry.
An agenda without a plan: Robert E Lucas’s trajectory through the public debate (2019)
Journal Article
This article explores Robert E. Lucas’s policy agenda and his engagement with the public debate between the late 1960s and late 1980s. It investigates how he interacted with the public debate by envisioning key principles of his macroeconomic theory... Read More about An agenda without a plan: Robert E Lucas’s trajectory through the public debate.
The Urban Food Question in the Context of Inequality and Dietary Change: A Study of Schoolchildren in Accra (2019)
Journal Article
© 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group. Diets are changing globally, as agricultural and food systems have become globalised. Understanding how patterns of globalisation affect welfare is a key development question, bu... Read More about The Urban Food Question in the Context of Inequality and Dietary Change: A Study of Schoolchildren in Accra.
Gender differences in employment allocation: The case of urban Vietnam (2019)
Presentation / Conference Contribution
A structural break approach to analysing the impact of the QE portfolio balance channel on the US stock market (2019)
Journal Article
Following the 1929 Wall Street collapse, the initial response to the institutional failures and collapsing financial system was to allow the markets to self-correct, which led to a significant period of economic depression. In contrast the US (and UK... Read More about A structural break approach to analysing the impact of the QE portfolio balance channel on the US stock market.
Can labor emigration affect education of girls? Evidence from Tajikistan (2019)
Journal Article
This study examines how large-scale, predominantly male emigration affects the education of girls staying in Tajikistan, the poorest post-Soviet state and one of the most remittance-dependent economies in the world. Using data from a three-wave house... Read More about Can labor emigration affect education of girls? Evidence from Tajikistan.