All Outputs (925)

Dividends, investment and pension contributions (2024)
Journal Article

We study the determinants of pension contributions for UK listed companies to better understand how the contributions decision is placed within the wider operational and strategic framework of the company. We model the potential displacement effect o... Read More about Dividends, investment and pension contributions.

Profit aus Glaubenmachen - Gewinn aus Dichtung: Wirtschaft als Wahrheitskampf (2023)
Book Chapter

Die Wirtschaftswissenschaft der Moderne befasst sich maßgeblich mit der Frage, was der Markt ist bzw. wie vom Markt zu denken ist. Aus eigener Erfahrung teilen wir hier die Einsicht des Wirtschaftsphilosophen Philip Mirowski (2013), dass die in der H... Read More about Profit aus Glaubenmachen - Gewinn aus Dichtung: Wirtschaft als Wahrheitskampf.

CORE Econ: A neoclassical synthesis for the twenty-first century? (2023)
Journal Article

This paper provides a critical review of CORE Econ’s The Economy and associated materials. It argues that there is a need for reworked economics textbooks and that CORE Econ’s approach to this project – to replace mathematical abstractions with relev... Read More about CORE Econ: A neoclassical synthesis for the twenty-first century?.

What is heterodox economics? Insights from interviews with leading thinkers (2023)
Journal Article

This article investigates heterodox economics, drawing on data from interviews we conducted with leading economists, using thematic analysis to identify three core concerns of our respondents: realism, power, and pluralism. Heterodox economists appea... Read More about What is heterodox economics? Insights from interviews with leading thinkers.

Macroeconomic policy at the end of the age of abundance (2023)
Journal Article

Progressive policy proposals influenced by post-Keynesian economics emphasise the use of fiscal policy and income redistribution to maintain aggregate demand at levels which achieve full employment. Given persistent evidence of weak demand, excess ca... Read More about Macroeconomic policy at the end of the age of abundance.

Dollar liquidity, financial vulnerability and monetary sovereignty (2023)
Journal Article

Periods of dollar-led global monetary tightening generate negative effects in many lower- and middle-income countries. The tightening cycle which commenced in early 2022 has exacerbated the financial dislocation experienced by countries including Zam... Read More about Dollar liquidity, financial vulnerability and monetary sovereignty.

Estimating defection in subscription-type markets with down-sampled representation: Analysis from the scholarly publishing industry (2023)
Preprint / Working Paper

We explore the subscription-type market within the context of customer churn, and provide analysis on the business model of such markets, and how these characterise the academic publishing business. The proposed method attempts to provide inference o... Read More about Estimating defection in subscription-type markets with down-sampled representation: Analysis from the scholarly publishing industry.

The perils of pre-filling: Lessons from the UK's Annual Survey of Hours and Earning microdata (2023)
Journal Article

The role of the National Statistical Institution (NSI) is changing, with many now making microdata available to researchers through secure research environments This provides NSIs with an opportunity to benefit from the methodological input from rese... Read More about The perils of pre-filling: Lessons from the UK's Annual Survey of Hours and Earning microdata.

Network effects and store-of-value features in the cryptocurrency market (2023)
Journal Article

It is important to determine the network effects and store-of-value feature of cryptocurrencies due to the argument that it could be considered as a new ‘asset class’. Current studies on cryptocurrencies' network effects mainly focused on using Metca... Read More about Network effects and store-of-value features in the cryptocurrency market.

Principles of Microeconomics: Scarcity vs Social Provisioning (3rd edition) (2023)
Book

Behavioural biases and credit card repayments among Malaysians (2023)
Journal Article

Analyses done using the survey response of 451 credit cardholders in the northern region of West Malaysia have shown that credit cardholder repayment pattern differed based on their demographic profile. Specifically, the study found that credit cardh... Read More about Behavioural biases and credit card repayments among Malaysians.

How central banks shape liquidity production: The case of India (2023)
Thesis

This thesis develops a theoretical framework to study the role of central banks in shaping liquidity production in different financial structures and applies the framework to India. The theoretical framework draws on the three different ways in which... Read More about How central banks shape liquidity production: The case of India.

Overcoming optimism (and moving toward hope) (2023)
Journal Article

U.S. optimism, the belief in anyone’s ability to overcome any obstacle, any oppression, is part of the country’s social DNA. U.S.-Americans are heavily socialized and profoundly, culturally attached to ideas of reinvention and redemption, of hard wor... Read More about Overcoming optimism (and moving toward hope).

The perfect bail-in: Financing without banks using peer-to-peer lending (2023)
Journal Article

We explore the potential outcomes for financial stability when using peer-to-peer lenders to finance economic activity. Combining Random Regression Forests, a machine-learning process, with an agent-based model, we perform simulations on artificial e... Read More about The perfect bail-in: Financing without banks using peer-to-peer lending.

Ownership structure and stock market implications of forward-looking and risk disclosure: Evidence from Asean listed companies (2023)
Thesis

This study aims to examine the extent of forward-looking and risk disclosure in annual report narratives of listed companies in ASEAN member countries – namely, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam – over the period 2009... Read More about Ownership structure and stock market implications of forward-looking and risk disclosure: Evidence from Asean listed companies.

How do an individual’s values drive their involvement to develop a sustainable community business? (2023)
Thesis

Community businesses (CB) are not-for-profit trading organisations created to serve a purpose: geographically situated, contextually embedded and accountable to the local community that they serve. Despite their vital role within their communities,... Read More about How do an individual’s values drive their involvement to develop a sustainable community business?.

Disclosure control of machine learning models from trusted research environments (TRE): New challenges and opportunities (2023)
Journal Article

Introduction: Artificial intelligence (AI) applications in healthcare and medicine have increased in recent years. To enable access to personal data, Trusted Research Environments (TREs) (otherwise known as Safe Havens) provide safe and secure enviro... Read More about Disclosure control of machine learning models from trusted research environments (TRE): New challenges and opportunities.

Time-varying price dynamics of clean and dirty energy portfolios (2023)
Journal Article

This paper investigates the dynamic relationships between four key instruments related to clean and dirty energy assets: WTI futures, United States Oil Fund (USO), EnergySelect Sector SPDR Fund (XLE), and iShares Global Clean Energy ETF (ICLN). Econo... Read More about Time-varying price dynamics of clean and dirty energy portfolios.

Determinants of financial resilience: Insights from an emerging economy (2023)
Journal Article

The Organisation for Economic Co-operation and Development Financial Literacy Survey of 2018 response is used to study the impact of financial knowledge, financial inclusion, and socio-demographic characteristics on financial resilience. The measurem... Read More about Determinants of financial resilience: Insights from an emerging economy.

The macroeconomics of austerity (2023)
Report

A new study from the thinktank the Progressive Economics Forum (PEF), published today, uses official figures to show that the total economic damage inflicted by austerity is significantly higher than previously thought, needlessly cutting more than h... Read More about The macroeconomics of austerity.