The nonlinear causal relationship between short‐ and long‐term interest rates: An empirical assessment of the United States, the United Kingdom, and Japan

2021 ◽  
Author(s):  
Huiqing Li ◽  
Yang Su
Keyword(s):  
United States ◽  
United Kingdom ◽  
Interest Rates ◽  
Causal Relationship ◽  
The United States ◽  
Empirical Assessment ◽  
The United Kingdom ◽  
Short And Long Term

scholarly journals A Comparative Survey Of Capital Investment Decision Practices In The United States And The United Kingdom

2011 ◽  
Vol 1 (11) ◽  
Author(s):  
Thomas Klammer ◽  
Neil Wilner ◽  
Jan Smolarski
Keyword(s):  
United States ◽  
Risk Management ◽  
United Kingdom ◽  
The United States ◽  
Capital Expenditures ◽  
The United Kingdom ◽  
Management Techniques ◽  
Comparative Survey ◽  
The Uk

Capital expenditures can be crucial to firms long-term success, especially in a complex global environment. As companies increasingly compete in the global market place, it is important to study project evaluation processes from an international perspective. Capital investments involve substantial monetary commitments and risks that affect long-term firm profitability and influence capital allocation decisions in the future. Survey research in the area of capital expenditure analysis has been extensively done in both the United States [US] and the United Kingdom [UK]. This research is the first comparative survey of practices in both countries that we are aware of. A direct comparison of the use of project evaluation, management science, and risk management techniques in the two countries is made. The survey instrument used is an adaptation of the Klammer [1970] instrument that has been used repeatedly in surveys of American firms. This is the first time that it has been applied to British firms. The use of a common instrument allows for more meaningful comparisons. The samples consisted of 127 American and 59 British firms with sales of at least $100 million and capital expenditures of at least $10 million. Preliminary results indicate a continued extensive use of discounted cash flow techniques by US firms. Techniques such as payback or urgency continue to be used, but to a lesser degree than discounting. Firms in the UK also make extensive use of discounting but do so to a lesser degree than their American counterparts. Payback is widely used in the UK. Risk management techniques are widely used in both countries, with sensitivity analysis being the most popular technique in both countries. Extensive use of technical and administrative procedures, such as detailed budgets, standardized forms and post-audits, are evidenced in both countries. The paper offers reasons that have to do with organizational structure and form, as well as market differences, to explain our results.

Monetary Trends in the United States and the United Kingdom, 1878–1970: Selected Findings

1975 ◽  
Vol 35 (1) ◽  
pp. 138-159 ◽  
Author(s):  
Anna Jacobson Schwartz
Keyword(s):  
United States ◽  
United Kingdom ◽  
Interest Rates ◽  
The United States ◽  
Rate Of Change ◽  
Final Phase ◽  
Expansion Phase ◽  
Rates Of Change ◽  
The United Kingdom ◽  
Successive Phase

Milton Friedman and I have been engaged for some time in a study of the characteristic behavior of the quantity of money over long periods in relation to income, prices, and interest rates m the United States and the United Kingdom. In our study, our observations of levels are the average annual values of each variable during cyclical phases, starting with the expansion phase of 1878–1882 in the United States and 1879–1883 in the United Kingdom, and ending with the final phase that can be marked off for each country, respectively, 1969–1970 and 1968–1969. In all, we have forty-five observations of levels for the United States, and thirtythree for the United Kingdom. In addition to levels of observation, we also examine rates of change, which we express as the slopes of least-squares lines connecting three successive phase averages. For each country, the rate-of-change observations are two fewer than the number of level observations.

scholarly journals “I Don’t Know How, But I’ll Figure It Out Somehow”: Future Possible Selves and Aspirations in “At-Risk” Early Adolescents

2016 ◽  
Vol 62 (2) ◽  
pp. 504-523 ◽  
Author(s):  
Lucy Wainwright ◽  
Claire Nee ◽  
Aldert Vrij
Keyword(s):  
United States ◽  
Social Behaviour ◽  
Possible Selves ◽  
The United States ◽  
Self Identity ◽  
Know How ◽  
The United Kingdom ◽  
Future Selves ◽  
Short And Long Term

Fostering positive future selves in mid-adolescence has shown promising results in reducing problematic behaviour, though little work has been done outside the United States or with younger children. We explored the link between future selves and delinquency in a younger sample of boys ( Mage = 12, SD = 0.73, N = 126) in the United Kingdom, at the nascent stage of self-identity and anti-social behaviour. Participants, who varied in degree of self-reported delinquency and risk, described their short- and long-term possible selves and strategies to achieve them. Unlike findings for older samples (14+), we found no association between delinquency and future selves. Exposure to criminogenic risk revealed some differences regarding the nature of future selves. Those with delinquency and higher risk had fewer strategies for reaching goals. Findings are discussed in relation to self-identity theory and the timing and nature of interventions for children of this age.

scholarly journals Imperial Nostalgia and Bitter Reality: The United Kingdom, the United States and Brexit, Implications for Regional Integration

2020 ◽  
Vol 13 (2) ◽  
pp. 19-47
Author(s):  
Abelardo Rodriguez
Keyword(s):  
United States ◽  
United Kingdom ◽  
Regional Integration ◽  
Strategic Alliance ◽  
Regional Cooperation ◽  
The United States ◽  
The United Kingdom ◽  
Political Struggles ◽  
The Face

Brexit and America First are undeniable examples of a return to state-based politics. This article examines the dichotomy of identity and the state, which has given rise to imperial nostalgia. Nevertheless, the decisions of the elites and the dominant majorities may lead to the fragmentation of the United Kingdom. London has shown itself to be weak in the face of China, Russia, and India and it is not clear if, over the long term, it will be influential in the global political struggles in which the latter countries are challenging the power of the United States. There are even doubts as to whether the United Kingdom can articulate a strategic alliance with the United States, due to their respective differences over relations with China and Russia. The dispute for world hegemony is also being challenged by the forces of surveillance capitalism, which not only threatens regional cooperation and immigration, but also the ecosystem and the very future of the species.

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