Details about John Thornton

Phone:	+12023558637
Workplace:	Norwich Business School, University of East Anglia, (more information at EDIRC)

Access statistics for papers by John Thornton.

Last updated 2024-06-08. Update your information in the RePEc Author Service.

Short-id: pth101

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Working Papers

2024

1. Modelling Monetary and Fiscal Policy to Achieve Climate Goals
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE)

2019

2. Money laundering and bank risk: evidence from US banks
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
   See also Journal Article Money laundering and bank risk: Evidence from U.S. banks, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2021) View citations (1) (2021)
3. The impact of financial development on income inequality: a quantile regression approach
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) View citations (43)
   Also in Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) (2019) View citations (43)
   See also Journal Article The impact of financial development on income inequality: A quantile regression approach, Economics Letters, Elsevier (2019) View citations (43) (2019)
4. The ‘risk dividend’ in banks’ internal capital markets
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)

2017

5. Did Negative Interest Rates Impact Bank Lending?
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) View citations (3)

2015

6. Inflation targeting in developing economies revisited
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
7. More foreign aid, less financial development
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
   See also Journal Article More Foreign Aid, Less Financial Development, Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova (2023) (2023)
8. Tax Havens and Effective Tax Rates: An Analysis of Private versus Public European Firms
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) View citations (8)
   See also Journal Article Tax Havens and Effective Tax Rates: An Analysis of Private versus Public European Firms, The International Journal of Accounting, Elsevier (2015) View citations (8) (2015)
9. Why do countries adopt fiscal rules?
   Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
   See also Journal Article Why Do Countries Adopt Fiscal Rules?, Manchester School, University of Manchester (2017) View citations (12) (2017)

2011

10. Post-Crisis Financial Reform: Where Do We Stand?
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) View citations (3)
    See also Journal Article Post‐crisis financial reform: where do we stand?, Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited (2011) View citations (3) (2011)

2010

11. Does Paying Taxes Improve the Quality of Governance? Cross-Country Evidence
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
    See also Journal Article Does Paying Taxes Improve the Quality of Governance? Cross‐Country Evidence, Poverty & Public Policy, John Wiley & Sons (2011) (2011)
12. Fiscal Decentralization and Governance
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
    See also Journal Article Fiscal Decentralization and Governance, Public Finance Review (2012) View citations (22) (2012)
13. The Intertemporal Relation Between Government Revenue and Expenditure in the United Kingdom, 1750-2004
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
    See also Journal Article The intertemporal relation between government revenue and expenditure in the United Kingdom, 1750 to 2004, Applied Economics, Taylor & Francis Journals (2012) View citations (4) (2012)
14. What Determines Financial Exclusion? Evidence from Bolivian Household Data
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales) View citations (2)

2009

15. DOES FINANCIAL DEVELOPMENT REDUCE CORRUPTION?
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)
    See also Journal Article Does financial development reduce corruption?, Economics Letters, Elsevier (2012) View citations (17) (2012)
16. HUMAN CAPITAL AND THE SUPPLY OF HOME-GROWN ISLAMIC TERRORISTS IN THE UK
    Working Papers, Bangor Business School, Prifysgol Bangor University (Cymru / Wales)

2008

17. Natural Resource Endowments, Governance, and the Domestic Revenue Effort: Evidence from a Panel of Countries
    IMF Working Papers, International Monetary Fund View citations (39)

1997

18. Taxation and Economic Performance
    OECD Economics Department Working Papers, OECD Publishing View citations (87)
19. World Commodity Prices as a Forecasting Tool for Retail Prices: Evidence From the United Kingdom
    IMF Working Papers, International Monetary Fund

1996

20. Additional Evidenceon Ems Interest Rate Linkages
    IMF Working Papers, International Monetary Fund View citations (3)

Journal Articles

2024

1. Do female CEOs handle crisis better? Evidence from the COVID-19 pandemic
   Economics and Business Letters, 2024, 13, (3), 158-171
2. Seigniorage Revenues in the United Kingdom
   Economia Internazionale / International Economics, 2024, 77, (4), 483-494

2023

3. Bank regulations and surges and stops in credit: Panel evidence
   Journal of Financial Stability, 2023, 67, (C)
4. Disclosure and bank risk: Evidence from European banks
   Finance Research Letters, 2023, 58, (PB)
5. Do M&As impact firm carbon intensity?11The views expressed in this paper are those of the authors and should not be attributed to the institutions with which they are affiliated
   Energy Economics, 2023, 128, (C)
6. More Foreign Aid, Less Financial Development
   Economia Internazionale / International Economics, 2023, 76, (4), 495-528
   See also Working Paper More foreign aid, less financial development, Working Papers (2015) (2015)

2022

7. Does inflation targeting increase income inequality?
   Journal of Post Keynesian Economics, 2022, 45, (4), 558-580 View citations (3)
8. European Banking Union and bank risk disclosure: the effects of the Single Supervisory Mechanism
   Review of Quantitative Finance and Accounting, 2022, 58, (2), 649-683 View citations (2)

2021

9. Money laundering and bank risk: Evidence from U.S. banks
   International Journal of Finance & Economics, 2021, 26, (4), 4879-4894 View citations (1)
   See also Working Paper Money laundering and bank risk: evidence from US banks, Working Papers (2019) (2019)
10. The effect of non‐performing loans on credit expansion: Do capital and profitability matter? Evidence from European banks
    International Journal of Finance & Economics, 2021, 26, (3), 4822-4839 View citations (2)

2020

11. Did Negative Interest Rates Improve Bank Lending?
    Journal of Financial Services Research, 2020, 57, (1), 51-68 View citations (18)
12. Do ESG scores effect bank risk taking and value? Evidence from European banks
    Corporate Social Responsibility and Environmental Management, 2020, 27, (5), 2286-2298 View citations (68)
13. Do fiscal rules reduce government borrowing costs in developing countries?
    International Journal of Finance & Economics, 2020, 25, (4), 499-510 View citations (6)
14. Do personal connections improve sovereign credit ratings?
    Finance Research Letters, 2020, 33, (C) View citations (1)
15. Expectations in an open economy hyperinflation: Evidence from Germany 1921–23
    Economics Letters, 2020, 192, (C) View citations (1)
16. Finance and income inequality revisited
    Finance Research Letters, 2020, 37, (C) View citations (17)
17. Liquidity and capital in bank lending: Evidence from European banks
    Finance Research Letters, 2020, 34, (C) View citations (8)
18. The effect of CEO power on bank risk: Do boards and institutional investors matter?✰
    Finance Research Letters, 2020, 33, (C) View citations (6)
19. The long-run relationship between finance and income inequality: Evidence from panel data
    Finance Research Letters, 2020, 32, (C) View citations (11)

2019

20. Negative policy interest rates and exchange rate behavior: Further results
    Finance Research Letters, 2019, 29, (C), 61-67 View citations (12)
21. The impact of financial development on income inequality: A quantile regression approach
    Economics Letters, 2019, 175, (C), 51-56 View citations (43)
    See also Working Paper The impact of financial development on income inequality: a quantile regression approach, Working Papers (2019) View citations (43) (2019)

2018

22. CEO tenure and corporate misconduct: Evidence from US banks
    Finance Research Letters, 2018, 26, (C), 1-8 View citations (27)
23. Credit default swaps and regulatory capital relief: Evidence from European banks
    Finance Research Letters, 2018, 26, (C), 255-260 View citations (7)
24. FISCAL RULES AND GOVERNMENT BORROWING COSTS: INTERNATIONAL EVIDENCE
    Economic Inquiry, 2018, 56, (1), 446-459 View citations (16)
25. Unconventional monetary policy and the ‘currency wars’
    Finance Research Letters, 2018, 26, (C), 250-254

2017

26. Inflation targeting and the cyclicality of monetary policy
    Finance Research Letters, 2017, 20, (C), 296-302 View citations (13)
27. The impact of fiscal rules on sovereign risk premia: International evidence
    Finance Research Letters, 2017, 20, (C), 63-67 View citations (13)
28. What determines bank CDS spreads? Evidence from European and US banks
    Finance Research Letters, 2017, 22, (C), 140-145 View citations (22)
29. Why Do Countries Adopt Fiscal Rules?
    Manchester School, 2017, 85, (1), 65-87 View citations (12)
    See also Working Paper Why do countries adopt fiscal rules?, Working Papers (2015) (2015)

2016

30. Do better-capitalized banks lend less? Evidence from European banks
    Finance Research Letters, 2016, 17, (C), 246-250 View citations (11)
31. Does inflation targeting reduce sovereign risk? Further evidence
    Finance Research Letters, 2016, 18, (C), 237-241 View citations (15)
32. Inflation targeting in developing countries revisited
    Finance Research Letters, 2016, 16, (C), 145-153 View citations (21)
33. Is there a financial accelerator in European banking?
    Finance Research Letters, 2016, 17, (C), 218-221 View citations (3)

2015

34. Tax Havens and Effective Tax Rates: An Analysis of Private versus Public European Firms
    The International Journal of Accounting, 2015, 50, (4), 435-457 View citations (8)
    See also Working Paper Tax Havens and Effective Tax Rates: An Analysis of Private versus Public European Firms, Working Papers (2015) View citations (8) (2015)

2014

35. Does foreign aid reduce tax revenue? Further evidence
    Applied Economics, 2014, 46, (4), 359-373 View citations (28)
36. The (small) blessing of foreign aid: further evidence on aid's impact on democracy
    Applied Economics, 2014, 46, (32), 3922-3930 View citations (2)

2013

37. Deposit insurance and private capital inflows: Further evidence
    Journal of International Financial Markets, Institutions and Money, 2013, 27, (C), 243-247 View citations (5)
38. Knowledge spillovers and the growth of British cities
    Applied Economics Letters, 2013, 20, (2), 162-166 View citations (6)

2012

39. Does financial development reduce corruption?
    Economics Letters, 2012, 114, (2), 221-223 View citations (17)
    See also Working Paper DOES FINANCIAL DEVELOPMENT REDUCE CORRUPTION?, Working Papers (2009) (2009)
40. Fiscal Decentralization and Governance
    Public Finance Review, 2012, 40, (1), 66-85 View citations (22)
    See also Working Paper Fiscal Decentralization and Governance, Working Papers (2010) (2010)
41. The intertemporal relation between government revenue and expenditure in the United Kingdom, 1750 to 2004
    Applied Economics, 2012, 44, (18), 2321-2333 View citations (4)
    See also Working Paper The Intertemporal Relation Between Government Revenue and Expenditure in the United Kingdom, 1750-2004, Working Papers (2010) (2010)

2011

42. Are Homegrown Islamic Terrorists Different? Some UK Evidence
    Southern Economic Journal, 2011, 78, (2), 262-272 View citations (1)
43. Does Paying Taxes Improve the Quality of Governance? Cross‐Country Evidence
    Poverty & Public Policy, 2011, 3, (3), 1-17
    See also Working Paper Does Paying Taxes Improve the Quality of Governance? Cross-Country Evidence, Working Papers (2010) (2010)
44. Further evidence on money and inflation in the long run
    Applied Economics Letters, 2011, 18, (15), 1443-1447
45. Post‐crisis financial reform: where do we stand?
    Journal of Financial Regulation and Compliance, 2011, 19, (4), 323-336 View citations (3)
    See also Working Paper Post-Crisis Financial Reform: Where Do We Stand?, Working Papers (2011) View citations (3) (2011)
46. Unit roots, structural breaks and cointegration in the UK public finances, 1750-2004
    Applied Economics, 2011, 43, (20), 2583-2592 View citations (4)

2010

47. Fiscal decentralization and fiscal consolidations in emerging market economies
    Applied Economics Letters, 2010, 17, (11), 1043-1047 View citations (1)
48. Fiscal sustainability in a panel of Asian countries
    Applied Economics Letters, 2010, 17, (7), 711-715 View citations (4)
49. Government size and the stability of output: evidence from emerging market economies
    Applied Economics Letters, 2010, 17, (8), 733-736 View citations (2)
50. Who chooses to adopt fiscal responsibility laws? Evidence from emerging market economies
    Applied Economics Letters, 2010, 17, (8), 737-740

2009

51. Comment on Edlin and Jaffee: From Banking Crisis to Currency Crisis
    The Economists' Voice, 2009, 6, (10), 1
52. Do fiscal responsibility laws matter? Evidence from emerging market economies suggests not
    Journal of Economic Policy Reform, 2009, 12, (2), 127-132 View citations (10)
53. Fiscal Sustainability: Another Look at the European case
    Economia Internazionale / International Economics, 2009, 62, (1), 95-102
54. Natural resource endowments and the domestic revenue effort
    European Journal of Political Economy, 2009, 25, (4), 439-446 View citations (123)
55. On the relation between central and sub-national government fiscal balances
    Applied Economics Letters, 2009, 16, (6), 603-608 View citations (2)
56. The (non)impact of revenue decentralization on fiscal deficits: some evidence from OECD countries
    Applied Economics Letters, 2009, 16, (14), 1461-1466 View citations (13)
57. The sustainability of South African fiscal policy: an historical perspective
    Applied Economics, 2009, 41, (7), 859-868 View citations (14)

2008

58. CORRUPTION AND THE COMPOSITION OF TAX REVENUE IN MIDDLE EAST AND AFRICAN ECONOMIES1
    South African Journal of Economics, 2008, 76, (2), 316-320 View citations (15)
59. Explaining Procyclical Fiscal Policy in African Countries †
    Journal of African Economies, 2008, 17, (3), 451-464 View citations (54)
60. Fiscal Institutions and the Relation between Central and Sub-National Government Fiscal Balances
    Public Finance Review, 2008, 36, (2), 243-254 View citations (3)
61. Inflation and inflation uncertainty in Argentina, 1810-2005
    Economics Letters, 2008, 98, (3), 247-252 View citations (31)
62. International capital mobility: Evidence from panel cointegration tests
    Economics Letters, 2008, 99, (2), 349-352 View citations (25)
63. MONEY, OUTPUT AND INFLATION IN AFRICAN ECONOMIES1
    South African Journal of Economics, 2008, 76, (3), 356-366 View citations (5)
64. The exchange rate and fiscal consolidation episodes in emerging market economies
    Economics Letters, 2008, 100, (1), 115-118 View citations (9)

2007

65. Fiscal decentralization and economic growth reconsidered
    Journal of Urban Economics, 2007, 61, (1), 64-70 View citations (131)
66. Further evidence on revenue decentralization and inflation
    Economics Letters, 2007, 95, (1), 140-145 View citations (14)
67. ON THE CYCLICALITY OF SOUTH AFRICAN FISCAL POLICY
    South African Journal of Economics, 2007, 75, (2), 258-264 View citations (7)
68. Saving, Investment and Capital Mobility in African Countries-super- 1
    Journal of African Economies, 2007, 16, (3), 393-405 View citations (7)
69. THE REVENUE‐EXPENDITURE NEXUS: HISTORICAL EVIDENCE FOR SOUTH AFRICA
    South African Journal of Economics, 2007, 75, (3), 496-507 View citations (10)
70. The Relationship between Inflation and Inflation Uncertainty in Emerging Market Economies
    Southern Economic Journal, 2007, 73, (4), 858-870 View citations (11)

2006

71. HIGH AND VARIABLE INFLATION: FURTHER EVIDENCE ON THE FRIEDMAN HYPOTHESIS
    South African Journal of Economics, 2006, 74, (2), 167-171 View citations (13)
72. Inflation and Inflation Uncertainty in India, 1957 - 2005
    Indian Economic Review, 2006, 41, (1), 1-8 View citations (4)
73. THE INTERTEMPORAL RELATION BETWEEN MONEY AND PRICES IN SOUTH AFRICA*
    South African Journal of Economics, 2006, 74, (1), 59-64

2002

74. Regional bias and intra-regional trade in southeast Asia
    Applied Economics Letters, 2002, 9, (4), 205-208 View citations (9)

2001

75. Age Structure and the Personal Savings Rate in the United States, 1956‐1995
    Southern Economic Journal, 2001, 68, (1), 166-170 View citations (2)
76. Population Growth and Economic Growth: Long‐Run Evidence from Latin America
    Southern Economic Journal, 2001, 68, (2), 464-468 View citations (2)
77. The Kuznets inverted-U hypothesis: panel data evidence from 96 countries
    Applied Economics Letters, 2001, 8, (1), 15-16 View citations (28)

2000

78. The endogeneity of tariffs in Italy, 1890-1969
    Applied Economics Letters, 2000, 7, (8), 517-520

1999

79. Cointegration, causality and Wagner's Law in 19th century Europe
    Applied Economics Letters, 1999, 6, (7), 413-416 View citations (28)
80. Intra-regional trade and business cycles in Southeast Asia
    Review of World Economics (Weltwirtschaftliches Archiv), 1999, 135, (1), 166-170
81. K. Hviding, J. Thornton - Does Inflation Affect Productivity Growth in the G7 Economies?
    Economia Internazionale / International Economics, 1999, 52, (1), 45-58 View citations (1)
82. The demand for money in Italy, 1861-1988
    Applied Economics Letters, 1999, 6, (5), 299-301 View citations (1)

1998

83. Corporate Taxes and Household Saving: Panel Evidence From Five OECD Countries
    Economia Internazionale / International Economics, 1998, 51, (2), 279-283 View citations (1)
84. Real stock prices and the long-run demand for money in Germany
    Applied Financial Economics, 1998, 8, (5), 513-517 View citations (9)
85. Technical Note: Does Core Inflation Help Forecast Total Inflation? Evidence from Colombia
    Latin American Journal of Economics-formerly Cuadernos de Economía, 1998, 35, (106), 407-413
86. Technical Note: The Growth of Public Expenditure in Latin America: A Test of "Wagner's Law"
    Latin American Journal of Economics-formerly Cuadernos de Economía, 1998, 35, (105), 255-263 View citations (2)
87. The long-run demand for currency and broad money in Italy, 1861-1980
    Applied Economics Letters, 1998, 5, (3), 157-159 View citations (3)

1997

88. Additional evidence on monetary base and interest rate linkages in the EMS
    Review of World Economics (Weltwirtschaftliches Archiv), 1997, 133, (2), 359-368 View citations (3)
89. Big‐Bank Mergers in Europe: An Analysis of the Cost Implications
    Economica, 1997, 64, (254), 317-329
90. Exports and economic growth: Evidence from 19th Century Europe1
    Economics Letters, 1997, 55, (2), 235-240 View citations (29)
91. Investment and Saving in an Open Economy: Further Results
    Economia Internazionale / International Economics, 1997, 50, (1), 111-116 View citations (1)
92. Tariff endogeneity: Evidence from 19th century Europe
    Economics Letters, 1997, 56, (3), 345-350 View citations (4)

1996

93. Cointegration, causality and export-led growth in Mexico, 1895-1992
    Economics Letters, 1996, 50, (3), 413-416 View citations (46)
94. Cointegration, error correction, and the demand for money in Mexico
    Review of World Economics (Weltwirtschaftliches Archiv), 1996, 132, (4), 690-699 View citations (4)
95. Commodity Prices as a Guide for Monetary Policy: Evidence from the United Kingdom
    Economia Internazionale / International Economics, 1996, 49, (3), 439-446
96. Competition and market contestability in Japanese commercial banking
    Journal of Economics and Business, 1996, 48, (1), 33-45 View citations (83)
97. Financial deepening and economic growth in developing economics
    Applied Economics Letters, 1996, 3, (4), 243-246 View citations (16)
98. The Cost Implications of Hypothetical Bank Mergers in Italy
    Economia Internazionale / International Economics, 1996, 49, (1), 1-18 View citations (4)
99. The adjustment of nominal interest rates in Mexico: a study of the Fisher effect
    Applied Economics Letters, 1996, 3, (4), 255-257 View citations (8)
100. Unanticipated income and consumption in ASEAN countries
     Applied Economics Letters, 1996, 3, (4), 247-249

1995

101. Financial Deepening and Economic Growth in Developing Countries
     Economia Internazionale / International Economics, 1995, 48, (3), 423-430 View citations (10)
102. Friedman's Money Supply Volatility Hypothesis: Some International Evidence: Note
     Journal of Money, Credit and Banking, 1995, 27, (1), 288-92 View citations (9)
103. Macroeconomic Determinants of Tariff Policy in a Developing Economy: Costa Rica, 1963–92
     Journal of Post Keynesian Economics, 1995, 17, (4), 636-644 View citations (2)

1994

104. Competitive conditions in european banking
     Journal of Banking & Finance, 1994, 18, (3), 445-459 View citations (221)
105. Market structure and performance in Spanish banking
     Journal of Banking & Finance, 1994, 18, (3), 433-443 View citations (81)

1992

106. Determinants of European bank profitability: A note
     Journal of Banking & Finance, 1992, 16, (6), 1173-1178 View citations (397)

1990

107. Money and Capital in Economic Development: A Test of the McKinnon Hypothesis for Nepal
     Journal of Money, Credit and Banking, 1990, 22, (3), 395-99 View citations (12)

1988

108. Inflation and Output Growth: Some Time Series Evidence, a Note
     The American Economist, 1988, 32, (2), 55-58 View citations (6)

1987

109. Notes and Comments: Inflation and Output Growth: A Note on Some Time Series Evidence
     South African Journal of Economics, 1987, 55, (4), 277-279
110. The Demand for Borrowed Reserves: Some Evidence from West Germany
     The American Economist, 1987, 31, (2), 41-43

1986

111. A Note on Repurchase Agreements, Bank Behaviour and Monetary Policy
     South African Journal of Economics, 1986, 54, (4), 276-278
112. Bank Rediscounting at the Central Bank: A Survey of Alternative Theories and Some Evidence
     South African Journal of Economics, 1986, 54, (2), 120-128 View citations (1)

1985

113. The Role of Rediscount Quotas: A Note
     Journal of Money, Credit and Banking, 1985, 17, (3), 387-90

Chapters

1994

1. European Banking: An Analysis of Competitive Conditions
   Palgrave Macmillan View citations (22)