This paper examines the direct and indirect effects of financial intermediary development on output fluctuations based on the theoretical works by Bacchetta and Caminal (2000) and Beck, Lundberg and Majnoni (2006). According to credit market imperfections, well-developed financial intermediaries...

This study highlights the importance of choice of exchange rate system to macroeconomic stability of small- open countries based on the outcomes of the recent exchange rate regime switches of three small Asian countries during the post Asian financial crisis period. The three selected countries...

The advent of Internet broking pages now allows borrowers to "apply" to a number of different companies at one time. This allows a customer to have multiple offers of a particular personal financial product and to choose one that best fits his current needs. The saturated condition of the...

This study reports the findings of Granger causality tests on the relationship between FDI and pollution across 112 countries over 15-28 years. Our results uncover alternative causality relationships between the two variables depending on a host country's level of development.

This paper presents experimental evidence demonstrating that agents' knowledge of strategy alternatives in pure coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice processes in coordination games are considered to shed...

Measurement activities are central to virtually all technical activities including engineering, construction and scientific research. In addition, the standardisation of measurement can generate considerable economies in production and exchange interactions between economic agents. This paper...

This paper describes the main features of a system of open corporate accountability to active working and middle class investors supported by a relatively efficient capital market operating in late nineteenth century Lancashire. The economic causes and social consequences of the collapse of this...

This paper examines the independence of outside directors in large UK corporations. It also establishes firms (1750 directors) from 28 sectors. The findings have strong implications for the operationalisation and measurement of board composition and structure in empirical work. The study (by...

This paper analyzes how the preferred self-conceptions of men in an elite military unit - the British Parachute Regiment - were disciplined by the organizationally-based discursive resources on which they drew. The research contribution this paper makes is twofold. First, we argue that desired...