Trinity Business School (Scholarly Publications): Recent submissions
Now showing items 181-200 of 255
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Ascribed Versus Achieved Social Status of CEOs and its Relationship with M&A Activities
(2011)Using a sample of CEOs of FTSE companies during a ten-year period from 2001 to 2010, we explore merger and acquisition activities from the perspective of social status theory. It investigates the influence of CEO social ... -
Project Contingent Repudiation Risk in the Model of North-South Lending
(2004)The present model proposes an extension of the Gertler and Rogoff (1990) model of international lending in the presence of moral hazard and the possibility of state-contingent and project-dependent repudiation risk along ... -
A Model of Comprehensive Habits with Psychological Effects of Work Effort
(2004)This paper develops a neoclassical growth model under the assumption of comprehensive habits that incorporate both consumption and labour supply decisions of the households. We show that in presence of comprehensive habits, ... -
A Life-Cycle Model of Habitual Dependence in Leisure Demand
(2008)This model proposes an extension of the traditional habits in consumption literature to encompass the time-persistence of leisure demand. The model establishes a link between the habitual leisure and income effects, which ... -
Monetary Theory of Inflation and the LBD in Transactions Technology
(2004)Classical models of inflation, utilising the transactions-based demand for money, predict that monetary policy will be ineffective in changing real variables. In response to this, the New Keynesian sticky-price models ... -
Exogenous Liquidity Supply in Presence of Repudiation Risk and Private Asset Recovery
(2003)Current paper proposes an extension of the seminal model by Holmstrom Tirole (1997) of the exogenous liquidity supply in presence of moral hazard to the case that includes private asset recovery under the limited liability ... -
Component-Specific Versus Comprehensive Habits in a Model of Income and Consumption Taxation
(2004)This paper proposes a model of economy with weakly non-separable preferences for both work effort and consumption. Households who derive utility from consumption of a single commodity and leisure take into account the ... -
Habits in Consumption, Transactions Learning and Economic Growth
(2005)This paper presents a model of endogenous growth in the presence of habit formation in consumption. We argue that in addition to the traditional disutility effects of habitual consumption, the past history of consumption ... -
Euro Crisis: From the Sovereigns to the Banks and Back to the Sovereigns
(Emerald, 2011)The global financial crisis of 2007-2009 crystallized the underlying imbalances that are currently acting to tear apart the Euro area monetary and fiscal systems by focusing markets and public attention on the core cause ... -
A Changing Geopolitical Landscape: Informal Institutions and Democratization
(2006)The main purpose of this article is to explore the role that informal organisations play in the legitimisation of regime change and the failure of key modern theories of globalisation and international relations (I.R.) to ... -
High Performance Computing Instrumentation and Research Productivity in U.S. Universities
(JITI, 2010)This paper studies the relationship between investments in High-Performance Computing (HPC) instrumentation and research competitiveness. Measures of institutional HPC investment are computed from data that is readily ... -
Real Estate and the Stock Market: A Meta?Regression Analysis
(2011)The real estate finance literature provides diverse and contradictory findings regarding the relationship between the real estate market and the stock market. Despite the importance of this relationship to the economy in ... -
Hedges and Safe Havens An Examination of Stocks, Bonds, Oil, Gold and the Dollar
(2011)We investigate five major financial asset classes, examining how and under what circumstances each may act as a hedge or a safe haven to each other. Using the approach of Baur and Lucey (2010) and Baur and McDermott (2010) ... -
Owner-Used Capital Goods and the Exchange Rate Determination
(2005)Present paper addresses the issue of the short and long run determination of the exchange rates in the Redux model of Obstfeld and Rogoff (1995). Current extension of the Redux model includes the investment projects that ... -
Migration and EU Enlargement: The Case of Ireland V Denmark
(2006)Since the EU enlargement, European migration policies were characterised by a fundamental inconsistency: faced by changes in public opinion toward migrants, the majority of the EU Member States have chosen to restrict the ... -
Is Wine a Premier CRU Investment?
(2011)We investigate the case for Bordeaux and Rhone wine as an investment. The raw data analysed comprises of approx. 335,000 observations of wine sales prices and is analysed using the repeat sales regression method. General ... -
The Effect of Gender on Stock Price Reaction to the Appointment of Directors: The Case of the FTSE 100
(2011)We examine the effect of the appointment of directors on the share price of FTSE companies. We find that the share price reaction to the appointment of Directors suggests that gender is not an issue in the appointment of ... -
Gravity and Culture in Foreign Portfolio Investment
(2011)Using panel regression estimates from the IMF?s CPIS survey of foreign debt and equity portfolios across 174 originating and 50 destination countries from 2001 to 2007, we clarify the role of culture and extend the set of ... -
NAMA: An Institutional and Operational Failure that Keeps Expanding
(2011)The National Asset Management Agency (NAMA) was created in 2009 by the Irish authorities with the expressed objective of assisting in the process of repairing domestic Irish banking sector in the aftermath of the severe ... -
Intellectual Property, the Banking Crisis and the Public Interest
(Thomson Reuters / Sweet and Maxwell, 2011)The UK Hargreaves inquiry is one more testimony to the failure of intellectual property laws to deliver the innovation that is their only justification. This parallels numerous similar investigations of the worldwide banking ...