"This is a book that draws together the main influences that have resulted in the impressive emergence of business schools in the UK is badly needed. The American influence on the development of UK business schools is acknowledged, but the emphasis in the book is on UK contributions. Part 1 is...

Using data from Germany, Japan, UK, and the U.S., we explore possible threshold cointegration in nominal short- and long-run interest rates with corresponding inflation rates. Traditional cointegration implies perfect mean reversion in real rates and hence confirms the Fisher hypothesis....

This paper questions traditional approaches for testing the day-of-the-week effect on stock returns. We propose an alternative approach based on the closure test principle introduced by Marcus, Peritz and Gabriel (1976), which has become very popular in Biometrics and Medical Statistics. We test...