This study explores the impact of culture on participative decision making (PDM) and job satisfaction (JS) using data obtained from the European Values Study. We parameterise two different cultural variables using principal components analysis: first a continuum based on survival versus...

This paper presents an empirical investigation into the level and stability of money demand (M1) in Nigeria between 1960 and 2008. In addition to estimating the canonical specification, alternative specifications are presented that include additional variables to proxy for the cost of holding...

One of the most striking features of the financial crisis that began in the autumn of 2007 has been the associated upheaval in conventional interest rate spreads. In the UK, this is most frequently symbolised by the widening (and increased volatility) of the spread between 3-month Libor and the...

This paper uses time-series model to estimate the effects of privatisation and FDI on economic growth in Argentina over the period 1971- 2000. Unit root tests and Co-integration tests are used to ensure that all variables used are stationary and that there exists a long run relationship among...

This paper demonstrates that the determinants of job satisfaction do not change if the worker has decision making freedom and that the impact of some individual characteristics on job satisfaction follow interesting patterns as we move through occupational statuses.

Estimates of the demand for money provide important foundations for monetary policy setting but if the estimation technique does not explicitly account for structural changes then such estimates will be biased. This paper presents an investigation into the level and stability of money demand...

We use vector autoregressive models to estimate the effect of monetary policy on investors’ risk aversion. The latter is proxied by a variety of option based implied volatility indices for Germany and the UK. There is clear evidence of a procyclical response between monetary policy and risk...

The paper explores the non-material determinants of happiness. We go beyond the well-established result that individual ‘religiousness’ is positively correlated with happiness and look at a broader spiritual activity - time spent thinking about the meaning and purpose of life (MPL). We study...

We examine the effects of emigration and remittances on the corruption experience of migrant household members staying in the countries of origin. We hypothesize that the effects of emigration on corruption can be both positive (via migrant value transfer) and negative (via misuse of monetary...

Traditional models of incentivising people suggest that positive incentives are more effective than negative ones. We argue that in data access the opposite can be true, as the assumptions made at the design stage can fundamentally change the user environment and hence perceptions of the...