Purpose: The purpose of this paper is to explore the link between corruption and government debt through a regime-based approach. Design/methodology/approach: The empirical analysis makes use of a panel of 120 countries, spanning the period 1999–2015. The study makes use of the Panel Smooth...

Purpose: This study aims to investigate the impact of sentiment shocks based on US investor sentiments, bearish and bullish market conditions. Earlier studies, though very few, only consider the effect of investor sentiments on stock returns of emerging frontier Asian (EFA) markets....

Purpose: This paper empirically explores the role of skill losses during unemployment behind firms' behaviour in interviewing long-term unemployed Design/methodology/approach: The analysis makes use of the Work Employment Relations Survey in the UK, while it applies a panel probit modelling...

Purpose: The literature that explores the relationship between human capital and economic growth has produced mixed results. It highlights the puzzle on the correlations between human capital and economic growth. This study contributes to this debate by offering an explanation of the puzzling...