A computational valuation model is developed to predict discrepancies between choices and valuations in economic experiments. The model is based on Boundedly Rational Expected Utility Theory (Navarro-Martinez et al., 2017) and predicts average certainty equivalents for monetary …
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This thesis investigates the effects of immigration and assimilation on immigrants’ health and health behaviours in the United Kingdom and Russian Federation. By using longitudinal survey data from both countries, we test the hypotheses that whether immigrants are more willing t…
This thesis offers a novel interpretation of the Spanish housing crash, the most extreme instance of a housing boom and bust in contemporary capitalism, developing a narrative that stresses the historical specificity of this experience. Whereas neoliberal approaches have stresse…
Private credit money forms are debt instruments that co-exist alongside publicly provided forms of money and emerge de-centrally out of the lending activities of banks or non-bank financial institutions. In normal times, they are easily convertible into higher-ranking forms of p…
This thesis comprises three independent chapters, spanning the range of my interests. The first chapter provides estimates of the causal effects of social ties on aggregate, firm level and individual level economic outcomes. The second chapter is a first step at understanding th…
The thesis consists of three chapters with Chapters 2 and 3 providing experimental evidence on the role of cheap-talk and a third party recommendation in reducing or aggravating conflict. Chapter 1 surveys the theoretical, empirical and experimental literature on the determinant…
The ‘Great Recession’ has brought about a justified critique of the neoclassical economic model. It is within the context of this shock to the mainstream that the economic orthodoxy can be queried. The calls for a new economic paradigm request the mainstream’s acceptance of hete…
This study investigates the sensitivity of the relationship between oil industrial inventories and oil supply at national, international and global levels to developments in monetary policy in the UK. More specifically, it provides evidence for the UK about the two-way relations…
The objective of this study is to empirically examine the effects of monetary policy on macroeconomic performance in Nigeria. The study uses Quarterly data between 1970 Q1 to 2011Q4, being a sample period of forty one years. The study further, introduces structural break to inve…
This study initially aimed to evaluate dynamic capability theory using a longitudinal empirical case of a highly successful FTSE-100 company operating within a volatile market. Using a range of rich qualitative data to open the “black box”, dynamic capabilities theory is extende…
This thesis responds to the development policy debate on whether the popular Beijing Consensus is an alternative, especially for developing countries, to the Washington Consensus of market-friendly policies. The advocates of the Beijing Consensus have overlooked the facts that C…
This thesis collects three different contributions to monetary macroeconomics, covering both theoretical and empirical aspects. First chapter builds on the DSGE models of New Keynesian tradition, and studies monetary policy around a non efficient steady state. Using a two-stage …
A sizeable stream of theoretical and empirical research in corporate finance reveals that corporate investment and financing activities in capital markets occur in waves through time, which are accompanied with many abnormal phenomena surrounding and after the announcement of ev…
This thesis studies the momentum effect in the UK stock market. The momentum effect is found to be a persistent yet not fully stable phenomenon in the UK stock market and its dynamics is at least partially conditional on the stability of the stock market. When the stock market i…
This thesis reports work to develop and score (value) a measure to capture the impact of end of life care (EoLC) on those people close to the dying. This work is conducted in response to the need to capture wider impacts of EoLC for economic evaluation where there is lack of app…
This thesis presents some extensions to the current literature in high-dimensional static factor models. When the cross-section dimension (represented by N hence-forth) is very large, the standard assumption for each common factor is to have the number of non-zero loadings grow …
China's rapid economic development and the emergence of its large firms have had much attention and commentary, but the important role of small businesses has received less focus. Therefore, the main objective of this thesis is to explore small and medium sized enterprises (SMEs…
This thesis analyses how trade liberalisation and Foreign Direct Investment (FDI) have impacted on Mexico’s economy. Time series econometric estimations techniques and estimations of a dynamic simultaneous equations system were conducted using quarterly data (from 1980 to 2002).…
The electricity market in the UK is undergoing dramatic changes and requires a transformation of existing practices to meet the current and forthcoming challenges. One aspect of the solution is the deployment of demand side management (DSM) programmes to influence domestic behav…