There is increased public pressure for governments to be more accountable for their actions. A particular area of concern relates to the trend of many governments to delegate responsibility for certain public services to agencies. This thesis develops a reporting model that can …
"246" Result
Sort By:
International retirement migration (IRM) is a growing and significant feature of the European Union. It has important economic implications in terms of the redistribution of social costs, factors reward and incomes. Using overlapping generations models and simulation techniques …
This thesis explores the enabling conditions and challenges two entrepreneurs interpret critical in their relationships in the start-up phase of 5i, a social entrepreneurial international new venture (INV). The thesis delivers both interpretive ethnographic and auto-ethnographic…
This thesis wants to contribute to the understanding of the role of collective beliefs and incomplete information in the analysis of the dynamics of inequality, growth and redistributive politics. Extensive evidence shows that the difference in the political support for redistri…
In most economic models used for theoretical exploration or policy analysis, there is a crucial role for agents' expectations about future outcomes. Generally, it is assumed that economic agents take their decisions according to rationality principles and that they have a fairly…
Towards the end of the twentieth century there was a furore of activity and interest regarding the potential of information communication technologies (ICTs) to contribute towards a process of development. The growing interest in ICT for development (ICT4D) resulted in a World S…
The objective of this study is to examine the motives that drive the propensity of households to save and households' portfolio allocation decisions. This interest has been spurred by the issue of low personal saving rates that has been observed across the globe over the past tw…
Chapter 1 introduces the thesis providing an overview of the common themes and methods underlying this research. Chapter 2 reports an experiment that examines the characteristics of effective leaders in a leader-follower voluntary contributions game. We focus on two factors: lea…
Global production shifts in the form of foreign direct investments are reshaping the economic map: one of the outcomes is today’s global production system. The firms in focus are confronted with the effects of the reshaped economic map, especially with the differences in product…
Regional Selective Assistance (RSA) is the largest and oldest business support scheme currently operating in Scotland. It provides grants to firms undertaking capital investment projects in economically deprived EU designated ‘Assisted Areas’. As a component of regional policy, …
The period of the New Economic Policy was a time when the Bolshevik government was forced to reconsider its attitude towards the market, as NEP involved the introduction of market elements into Soviet society. This thesis is a comparative study of eleven Soviet economic theorist…
This thesis conducts three different empirical studies and finds that some of the pre-2007 risk assessment model could underestimate the systemic risk of the banking sector and justifies an overhaul. First, it simulates the contagion impact of the UK interbank market. Subject to…
This thesis presents an empirical investigation of the relationship between exporting, foreign direct investment (FDI) and firm heterogeneity in Thailand using a firm-level data from the Annual Survey of Thailand’s manufacturing industry between 2001 and 2004. We first examine t…
This thesis consists of three essays on behaviour under risk. First, I investigate experimentally three related questions: (1) the effects of small-scale changes in wealth on risk attitudes; (2) whether potential changes in risk attitudes induced by such wealth increment are aff…
This thesis empirically investigates the United Kingdom (UK) insolvency code by focusing on the formal procedures available to distressed firms in the UK. The UK insolvency code is characterised as a creditor-oriented system that enforces a binding agreement between the company …
This dissertation is concerned with detecting failures in Risk Models and in detecting structural breaks in linear regression models. By applying Theorem 2.1 of Szyszkowicz on U-statistic type process, a number of weak convergence results regarding three weighted partial sum pro…
This thesis addresses the problem of quantitatively evaluating the temporal dynamics that characterized financial time series. In particular, we perform an accurate analysis of the Fourier estimator, a newly proposed nonparametric methodology to measure ex-post volatility and cr…
The main objective of this thesis is to provide effective means for the valuation of popular financial derivative contracts with path-dependence and/or early-exercisable provisions. Starting from the risk-neutral valuation formula, the approach we propose is to sequentially comp…
The documentary credit has for a long time served as a very reliable form of financial instrument in the trading of international goods. The certainty of payment guaranteed under the documentary system is attributed to the autonomous nature of the credit contract, which is that …