This paper considers different ways of forecasting UK RPI inflation. We show that the inflation risk premium on nominal gilts and inflation swaps vary significantly over time. The average inflation risk premia on both of these market instruments have increased considerably since 2004 and during...

This study investigates performance of portfolios composed of British Socially Responsible Investments (SRI) stocks. Using the Global 100 Most Sustainable Corporations in the World list (known also as: Global-100) to select the SRI companies, we found that, in the period 2000-2010, the returns...

The paper compares beta estimates obtained from OLS regression with estimates corrected  for heteroscedasticity  of the error term using ARCH models,  for  145 UK shares. The differences are  mainly  less than 0.10, for betas calculated using daily returns, but even...

Using unique data about capital flows to private pension funds in Poland, we find that their impact, as a group of large institutional investors, on stock returns is statistically significant in short-term but no such effect exists in the long-run. We analyze the capital transfers, in form of...