Andy Snell
Datos Biográficos
| ID | 5730481 |
|---|---|
| NOMBRE | Andy Snell |
| NOMBRES | Andy |
| APELLIDO | Snell |
| FIRMA | SNELL A |
| AFILIACIONES | University of Edinburgh |
| VERIFICADO | No |
| TOTAL DE OBRAS | 5 |
| TOTAL DE CITAS | 5 |
| TOTAL COMO AUTOR | 5 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1995 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2019 |
| ÍNDICE H | 1 |
Inequality Indices as Tests of Fairness
Inequality indices are traditionally interpreted as measures of deviations from equality. This article interprets them instead as statistical tests for a null of fairness within well-defined income generating processes. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional to Theil’s first and second inequality indices respectively. The LR values may be used either as a test statisti…
Testing for a unit root in the nonlinear STAR framework
A Theoretical Analysis of Institutional Investors’ Trading Costs in Auction and Dealer Markets
This paper compares trading costs for institutional investors subject to liquidity shocks, in auction and dealer markets. The batch auction restricts the institutions’ ability to exploit informational advantages because of competition between institutions when they simultaneously submit orders. This competition lowers aggregate trading costs. In the dealership market, competition between traders is absent but private information is revealed by ob…
Fiscal Policy, Public Debt Stabilisation and Politics
Journal Article Fiscal Policy, Public Debt Stabilisation and Politics: Theory and UK Evidence Get access Ben Lockwood, Ben Lockwood University of Exeter Search for other works by this author on: Oxford Academic Google Scholar Apostolis Philippopoulos, Apostolis Philippopoulos University of Essex Search for other works by this author on: Oxford Academic Google Scholar Andy Snell Andy Snell University of Edinburgh Search for other works by this aut…
Determinants of Price Quote Revisions on the London Stock Exchange
This paper investigates the determinants of price quote revisions on the London Stock Exchange for a sample of highly liquid stocks over a two-week settlement period in September 1990. In our theoretical model the level of optimal price quotes set by market makers are a function of the expected fundamental price, the expected number of liquidity trades and the lagged level of inventories. The model is used to test for the existence of adverse sel…
Fiscal Policy, Public Debt Stabilisation and Politics
Journal Article Fiscal Policy, Public Debt Stabilisation and Politics: Theory and UK Evidence Get access Ben Lockwood, Ben Lockwood University of Exeter Search for other works by this author on: Oxford Academic Google Scholar Apostolis Philippopoulos, Apostolis Philippopoulos University of Essex Search for other works by this author on: Oxford Academic Google Scholar Andy Snell Andy Snell University of Edinburgh Search for other works by this aut…
Inequality Indices as Tests of Fairness
Inequality indices are traditionally interpreted as measures of deviations from equality. This article interprets them instead as statistical tests for a null of fairness within well-defined income generating processes. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional to Theil’s first and second inequality indices respectively. The LR values may be used either as a test statisti…
Determinants of Price Quote Revisions on the London Stock Exchange
This paper investigates the determinants of price quote revisions on the London Stock Exchange for a sample of highly liquid stocks over a two-week settlement period in September 1990. In our theoretical model the level of optimal price quotes set by market makers are a function of the expected fundamental price, the expected number of liquidity trades and the lagged level of inventories. The model is used to test for the existence of adverse sel…
Fiscal Policy, Public Debt Stabilisation and Politics
Journal Article Fiscal Policy, Public Debt Stabilisation and Politics: Theory and UK Evidence Get access Ben Lockwood, Ben Lockwood University of Exeter Search for other works by this author on: Oxford Academic Google Scholar Apostolis Philippopoulos, Apostolis Philippopoulos University of Essex Search for other works by this author on: Oxford Academic Google Scholar Andy Snell Andy Snell University of Edinburgh Search for other works by this aut…
Testing for a unit root in the nonlinear STAR framework
A Theoretical Analysis of Institutional Investors’ Trading Costs in Auction and Dealer Markets
This paper compares trading costs for institutional investors subject to liquidity shocks, in auction and dealer markets. The batch auction restricts the institutions’ ability to exploit informational advantages because of competition between institutions when they simultaneously submit orders. This competition lowers aggregate trading costs. In the dealership market, competition between traders is absent but private information is revealed by ob…
Inequality Indices as Tests of Fairness
Inequality indices are traditionally interpreted as measures of deviations from equality. This article interprets them instead as statistical tests for a null of fairness within well-defined income generating processes. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional to Theil’s first and second inequality indices respectively. The LR values may be used either as a test statisti…
Economics (5 obras) · Econometrics (2 obras) · Exploit (2 obras) · Financial Markets and Investment Strategies (2 obras) · Market liquidity (2 obras) · Mathematical analysis (2 obras) · Mathematics (2 obras) · Microeconomics (2 obras) · Monetary economics (2 obras) · Monetary Policy and Economic Impact (2 obras)