Using the ARDL bounds testing approach to cointegration this paper provides evidence of a stable long run relationship between the exchange rate and stock prices for the UK, Japan and Swiss currencies with respect to the US dollar. The resultant error correction models suggest a positive...

This study examines a version of the monetary model of the exchange rate, which incorporates a stock price measure. Using the ARDL Bounds testing approach, we produce evidence of cointegration, well-specified ECMs and forecasts that outperform a random walk.

In this paper we construct and estimate a model for match attendances in English one-day, limited-overs league cricket. Our dataset separates 'pay at gate' spectators from club members, enabling us to distinguish between the attendance decisions of casual spectators and those of the,...

This aim of this study was to determine the extent of any convergence in house prices across China, using a regional panel data set. The results showed little evidence of convergence across the regions, although there is evidence of a ripple effect starting in Shanghai, Guangzhou and Beijing,...

This study looks at the behaviour of emissions when in disequilibrium with respect to the environmental Kuznets curve (EKC) relationship. We use the non-linear threshold cointegration and error correction methodology and a long dataset beginning in 1830, in an application to the United Kingdom....

The aim of this study is to determine if nonlinearities have affected purchasing power parity (PPP) since 1885. Also using recent advances in the econometrics of structural change we segment the sample space according to the identified breaks and look at whether the PPP condition holds in each...

Morley B. and Morgan W. Causality between exports, productivity and financial support in European Union agriculture, Regional Studies. The aim of this paper is to investigate the causal relationship between exports and productivity and exports and agricultural support within the European Union....

The aim of this paper is to compare the conventional monetary model of the exchange rate with an alternative model, which incorporates a stock price measure and is based on Friedman?s money demand function. These models are then compared using data from the UK, Canada and the USA, applying the...