Tomoe Moore

Name:	Dr Tomoe Moore
Job Title:	Lecturer
Email:	Tomoe.Moore@brunel.ac.uk
Phone:	67531
Direct Line:	+44-1895-267531 MJ250

Teaching

EC2025 Corporate Investment, EC1030 Financial Markets

Research interest

Flow of Funds model, CDS market, Stock market, exchange rates, international finance, corporate finance and macroeconomics in the context of emerging and developing economies.         

Publication

Refereed Articles (journal grade mostly based on ABS, era) :

Does the market structure matter on banks’ profitability and stability? Emerging versus advanced economies, forthcoming in the Journal of Banking and Finance (3*) (with A. Mirzaei and L. Guy)

Dynamic linkage between real exchange rates and stock prices: Evidence from developed and emerging Asian markets, forthcoming in the International Review of Economics and Finance (2*) (with P.Wang)

The determinants of vulnerability to crises: Country-specific factors versus regional factors.  forthcoming in  Empirica (2*) (with P.Wang).

The integration of the Credit Default Swap markets during the US subprime crisis: Time-varying conditional correlation approach, the Journal of International Financial Markets, Institutions and Money (3*) (with P. Wang), 2012, 22(1), 1-15. Listed on Most Downloaded Articles in this grade A journal in 2012.

Monetary policy rules for transition economies: An empirical approach, the Review of Development Economics (2*) (with S. Ghatak), 2011, 15(4), 714-728.

The volatility spillover from the market to disaggregated industry stocks: the case for the US and UK, International Journal of Business and Economics (1*) 2011, 10(1), 61-68.

A critical appraisal of McKinnon's complementary hypothesis: Does the real rate of return on money matter for investment in developing countries?, World Development (3*), 2010, 38(3), 260-269. 

Sudden changes in volatility: the case of five central European stock markets, the Journal of International Financial Markets, Institutions and Money (3*) (with P.Wang), 2009, 19(1) April, 33-46.

Soft budget constraint in EU transition economy enterprises, International Finance (2*), 2009, 12(3) 411-430.     

Investment, Financial liberalisation and Complementary Hypothesis: Panel data approach for India, Journal of Financial Decision Making, 2009, 5(1), June, 1-15.

Financial market integration for the transition economies: Time-Varying Conditional Correlation Approach, the Manchester School (3*), 2008, 76 (1) September, 116-133 (with P. Wang).

Flow of funds, and the impact of financial controls on bank portfolio behaviour: a study of India, the European Journal of Finance (3*) (with C.J. Green), 2008, 14(7) October, 641661

Foreign capital in a growth model, the Review of Development Economics (2*) (with S. Mallick), 2008, 12(1), 143-159.

Has the entry to the EU altered the dynamic link of the stock returns for the emerging markets? Applied Financial Economics (2*) 2007, 17, 1431-1446.

Volatility in stock returns for new EU member states: Markov regime switching model, International Review of Financial Analyses (3*), 2007, 16, 282-292 (with Ping Wang).

The effects of the Euro on stock markets: Evidence from Hungary, Poland and UK, Journal of Economic Integration (1*), 2007, 22(1) March, 69-90.

A portfolio approach to firms financing decision: evidence from India using the Almost Ideal Demand System, in (ed.) Murinde, V., Research in Accounting in Emerging Economies, Corporate Financial Management in Emerging Economics, 2007, 7, 355-377 (with C.J. Green).

Financial liberalisation in India and a new test of McKinnons complementarity hypothesis, Economic Development and Cultural Change (3*), 2006, 54(2), 487-502. (with E.J. Pentecost).

Labour market flexibility and the sources of fluctuations in real and nominal wage rates in euro-area accession countries: A structural VAR approach, Journal of Comparative Economics (3*), 2006, 34(2) June 357-276. (with E.J. Pentecost).

Financial sector reforms and stochastic policy simulation: a flow of funds model for India, the Journal of Policy Modelling (2*), 2006, 28(3), 319-333 (with C.J. Green and V. Murinde).

An exploration of the sources of real exchange rate fluctuations in the post-financial reform period in India, the Indian Economic Review (1*), 2006, 41(1), 9-23 (with E.J. Pentecost).

Financial liberalization and policy simulation experiments for India, the International Journal of Economic Research (1*), 2006, 3(1) 55-69 (with C.J. Green).

Portfolio behaviour in a flow of funds model for the household in India, Journal of Development Studies (3*), 2005, 41(4), April, 675-702 (with C.J. Green and V. Murinde)

Impact of world bank lending in an adjustment-led growth model, Economic Systems (1*), 2005, 29(4), 366-383 (with S.Mallick).

Other financial Institutions portfolio behaviour and policy implications: A Study of India, International Economic Journal (1*), 2005, 19(4) December, 543-561. 

Authored book:

India's Emerging Financial Market: A flow of funds model, Routledge, Taylor & Francis, 2007, ISBN 978-0-415-43409-6

Policy papers (Invited contributions):

Are Large Firms Financially Constrained or Unconstrained in New EU Member States?, International Review of Applied Financial Issues and Economics, 2011, 3(1),296-322, also in  Department of Economics and Finance, Brunel University, working paper series WP 09-12 (2009). Listed on SSRN's Top Ten download list for ERN: Empirical Studies of Firms & Industries in Transitional Economies (Topic).

Monetary policy reaction function and financial liberalisation for India, India Economy Review, 2008, 5 (September), 96-101.

The flow of funds, Finance and Development Briefing Papers, June 2002, Department for International Development (DFID) (with C.J. Green and V. Murinde).  

Research grant

British Academy SG-45841 for the research into financial constraints for Eastern European Countries (April 2007- March 2009).