This thesis empirically evaluates three key financial and macroeconomic issues: Essay 1 examines the effectiveness of China fuel oil futures in hedging a domestic spot fuel oil position as well as hedging a spot position in the Singapore fuel oil market. To the best of our knowledge, this is...

This thesis is composed of four original working chapters in terms of four researching purposes to show the macroeconomic development with finance, as well as to consider the comparative proxies of investment and trading sectors in emerging economies. These four original working chapters can be...

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 a number of...

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). In a VAR...

The newly established Chinese stock market presents us with an interesting case-study of a market which has distinct features and special microstructures. This thesis focuses on the investigation of transaction cost, stock holding period and return volatility with a market microstructure...

This thesis aimed at investigating the impact of changes in the exchange rate on the demand for money and the trade balance in Jordan. Using Johansen (1991 and 1995) approach for cointegration analysis and the equilibrium-correction model (ECM), we examined the existence of stable long-run...

Today’s business requires managers who can make an impact by competing successfully in the context of globalisation. Organisational learning contributes to a firm’s ability to compete. However, particularly in small and medium enterprises, research into managers’ approaches to transferring...

This thesis describes and analyzes the earnings inequality in the United Kingdom and related countries in particular Italy and Germany, incorporating institutional measures and changes. There are three main tasks: firstly, Chapter 2 shows that earnings inequality as well as skill premiums have...

This paper presents a model that considers the interface between marketing and production decisions in a channel of distribution of industrial goods comprised of a manufacturer and a distributor. The key issue investigated is the nature of the coordination within the channel in light of an...

Increasing product-market competition is believed to be a driving force behind higher productivity. However, even those critics of globalization who accept this argument claim that there is a hard trade-off because tougher competition comes at the price of reducing work—life balance (WLB)....