Publications in: Finance

An Exploratory Study into the Effect of a Change in Business Ownership on Employment and Wages

Published: June, 2009

The main aim of this exploratory study is to draw together economic evidence relating to the effect of a change in business ownership upon a range of firm outcomes; with particular focus on employment and wage impacts. The study presents data on changes in business ownership for Wales in comparison to nine other European regions […]

Analysis of Developments in the Field of Direct Investment and M&A

Published: November, 2008

This study examines first the developments in international capital flows, especially FDI, in 2007. Next, as a special topic, it undertakes an in-depth quantitative analysis of the difference in economic performance between domestically-owned and foreign-owned business in Europe. The performance indicators used in the analysis are turnover, employment and profitability in levels and over the […]

Analysis of Developments in the Field of Direct Investment and M&A

Published: November, 2008

This study examines first the developments in international capital flows, especially FDI, in 2007. Next, as a special topic, it undertakes an in-depth quantitative analysis of the difference in economic performance between domestically-owned and foreign-owned business in Europe. The performance indicators used in the analysis are turnover, employment and profitability in levels and over the […]

Study on the Role and Regulation of Non-credit Institutions in EU Mortgage Markets

Published: September, 2008

This study analyses non-credit institutions in EU Member State mortgage markets. The study identifies Member States where non-credit institutions are allowed to provide mortgage credit; provides information on the regulation and supervision of these undertakings; the funding techniques non-credit institutions are allowed to use; the size of the mortgage lending activities of non-credit institutions, both […]

The Importance of Wholesale Financial Services to the EU Economy 2008

Published: July, 2008

This report investigates the role, structure and importance of wholesale financial services in the European Union. The specific topic for this year’s report is the EU’s wholesale finance market and its various competitors under a range of differing scenarios, such as changing demographics, the rise of Asia and emerging market economies, the impact of regulation […]

Research into Payment Protection Insurance in the UK

Published: October, 2006

The report reviews the relevant payment protection insurance market and analyses those characteristics of the market that may be limiting competition and giving rise to consumer detriment. The report also identifies a series of additional data that would be desirable to obtain to further the analysis of the sector.

Study on the Economic Impact of Auditors’ Liability Regimes

Published: September, 2006

This study focuses on the market for statutory audits of large companies in Europe. It reviews first the state of the international market for audit firms in the EU. Next, it examines the insurance market for statutory audits. It then examines the likely short-run and long-run effects of the possible disappearance of one or more of […]

The Costs and Benefits of Integration of EU Mortgage Markets

Published: August, 2005

London Economics was commissioned by the European Commission – DG Internal Market and Services to study the costs and benefits of new initiatives that would lead to the full integration of markets for residential mortgages and home loans in the 25 EU Member States. The report estimates these costs and benefits and also assesses the […]

Securities Trading, Clearing, Central Counterparties and Settlement in EU 25 – an Overview of Current Arrangements

Published: June, 2005

The report provides a description of the securities trading, clearing and settlement infrastructures of the cash equities and bonds markets in the 25 Member States of the EU (as of March 2005) and an assessment of the nature of the vertical agreements between the trading, clearing and settlement infrastructures.

Valuing Assets Using Real Options: An Application to Deregulated Electricity Markets

Published: 2005

Journal of Applied Corporate Finance, 17, 2, 2005. Swinand, G., Rufin, C. and Chetan, S.