Browsing ECO Faculty Research by Title
Now showing items 14-31 of 31
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The foreclosure-house price nexus: a panel VAR model for US states, 1981-2009
(Wiley-Blackwell, 2013-07-19)Despite housing's economic importance, little has been written on how foreclosures and home prices interact in a framework that includes macroeconomic and housing variables such as employment, permits or sales. Panel VAR ... -
Formal targets, central bank independence and inflation dynamics in the UK: A Markov-Switching approach
(Elsevier, 2011-12)We examine inflation and uncertainty in the UK with a version of the Markov Switching model, which allows for changes in the variance as well as in the mean and persistence of a series. We find that the UK's attempts at ... -
Gains from Integration? An empirical hint from the eurozone
(European Review, 2020-03-26)Has the eurozone (EZ) really gained from integration? This study applied two econometric frameworks, mGARCH and gMMPI, to test this hypothesis, using panel data that span 1996-2014, a total of 19 years, involving the EZ, ... -
Has there actually been a sustained increase in the synchronization of house price (and business) cycles across countries?
(Elsevier B.V., 2017-06)Housing has been demonstrated to affect the macroeconomy, particularly business cycle fluctuations. Given the more globalized nature of financial and economic activity in comparison to past decades, there has been much ... -
The housing bubble: how much blame does the fed really deserve?
(American Real Estate Society, 2014)Two recent empirical papers have blamed the Fed for the latest boom and bust in housing. Neither study includes long-term interest rates, which are more affected by global factors than the federal funds rate (FFR). In this ... -
The impact of parental migration on social identity - A framed field experiment with left-behind children in China
(Elsevier, 2021-07-01)Recent studies suggest that an estimated 61 million rural migrants in China were living outside their hometowns with their children left behind. We examine the impact of parental migration on the social identity among ... -
Intention or request: The impact of message structures
(MDPI, 2021-02)This paper investigates how different message structures impact communication strategy as well as sender and receiver behavior. Specifically, we focus on comparing communication games with messages stating an intention ... -
Inter-board pay differentials for directors with multiple appointments
(Taylor & Francis, 2012)We analyse uniformity in the market's valuation of director human capital by comparing director compensation across firms with and without director overlaps. We find that although there is less variation in director ... -
Is full efficiency achievable? An empirical study of the banking industry in Taiwan
(Blackwell Publishing Inc., 2018-11-10)This paper aims to propose a feasible framework for estimating the efficiency of input factors for banks and the adjustment of these factors necessary to achieve full efficiency in the short and long term. Based on a sample ... -
Is monetary policy non-linear in Indonesia, Korea, Malaysia, and Thailand? A quantile regression analysis.
(Wiley-Blackwell, 2012-11)There is a growing literature on the linearity or otherwise of monetary policy in industrialised countries. The investigations have revealed that the reactions of central banks to economic variables depend on the level of ... -
Mexico's business cycles and synchronization with the USA in the post-NAFTA Years
(Wiley-blackwell, 2011-11)A number of papers have investigated the increasing macroeconomic ties between Mexico and the USA. These studies have relied on linear models, however, making their results suspect. Other papers have investigated nonlinearity ... -
Monetary shocks, equity returns and volatility: a firm-level panel data analysis
(Routledge Journals, Taylor & Francis Group, 2016)This article studies the impact of monetary policy shocks on equity returns and their volatility among nine industries and their affiliated firms in the United States. We use an extension of the traditional CAPM as the ... -
Net discount rate determination: A reply
(The Journal of Forensic Economics and Allen Press Publishing Services, 1997) -
Physician goals: impact on hospital performance
(Wolters Kluwer Health, 1989-01-01)Controversy prevails concerning the relative superiority of for-profit versus not-for-profit hospitals. Presented here are three variations to each of two basic theoretical models that contrast performance of for-profit ... -
Regional house price segmentation and convergence in the US: a new approach
(Springer US, 2015-01)This paper investigates the extent of regional integration (or, conversely, segmentation) in US home values. In contrast to some previous studies, we examine the degree of integration in the US with a data set which runs ... -
Selecting the time period over which the net discount rate is determined for economic loss analysis
(National Association of Forensic Economics, 1992-03) -
Valuation of minority stockholder's interest in a closely-held private corporation
(The Journal of Forensic Economics and Allen Press Publishing Services, 1995) -
Voter demand for fluoridated water: a tale of two c(av)ities
(Routledge Journals, Taylor & Francis LTD, 2013-09-25)Government fluoridation of public water systems to promote dental health has long been advocated by many health associations, based on the findings of mainstream scientific studies. Despite this, fluoridation remains a ...