Dr Bruce Morley

Undergraduate Admissions Tutor
Lecturer in Economics
3 East 4.22
Email: b.morley@bath.ac.uk
Tel: +44 (0) 1225 38 6497
PhD supervision
Interested in supervising students studying:
- International finance, especially exchange rate modelling
- Economic growth and the environment
- Housing economics
Profile
Bruce Morley joined the department in February 2006, having previously been an Economics lecturer in the SMB at the University of Wales Aberystwyth for about ten years.
His PhD, Masters and degree were from the Department of Economics at Loughborough University.
Bruce has a general interest in sport, which has led to doing some research into the economics of cricket, such as the effect of winning the toss. He also has an interest in development economics, especially the role of trade on economic growth in LDCs.
Research interests
Research interests are in international macroeconomics, particularly models of exchange rate determination. In addition, he is also interested in the economics of the EU, especially the effects of monetary union.
- International Macroeconomics and Finance
- Economic Growth and the main determinants of growth
- Trade and the determinants of Foreign Direct Investment
- European Economics and the Performance of the Euro
- Sport Economics, in particular relating to Cricket
Teaching
Undergraduate
- ES10004: Core Skills for Economists: Economic Data Analysis (Module Co-ordinator). (Moodle course University of Bath only)
Postgraduate
- ES50060 Econometrics for Economics and Finance (Moodle course University of Bath only)
- ES50061 Financial Econometrics (Module Co-ordinator) (Moodle course University of Bath only)
- ES50064 Dissertations for MSc Economics and Finance/ Economics (Moodle course University of Bath only)
Publications
Articles
Li, D., Ghoshray, A. and Morley, B., 2014. Forthcoming. An empirical study of nonlinear adjustment in the UIP model using a smooth transition regression (STR) model. International Review of Financial Analysis
Karoglou, M., Morley, B. and Thomas, D., 2013. Risk and structural instability in US house prices. Journal of Real Estate Finance and Economics, 46 (3), pp. 424-436.
Karoglou, M. and Morley, B., 2012. Purchasing power parity and structural instability in the US/UK exchange rate. Journal of International Financial Markets, Institutions and Money, 22 (4), pp. 958-972.
Li, D., Ghoshray, A. and Morley, B., 2012. Measuring the risk premium in uncovered interest parity using the component GARCH-M model. International Review of Economics & Finance, 24, pp. 167-176.
Fosten, J., Morley, B. and Taylor, T., 2012. Dynamic misspecification in the environmental Kuznets curve: evidence from CO2 and SO2 emissions in the United Kingdom. Ecological Economics, 76, pp. 25-33.
Morley, B., 2012. Empirical evidence on the effectiveness of environmental taxes. Applied Economics Letters, 19 (18), pp. 1817-1820.
Liu, Y. and Morley, B., 2012. Sovereign credit default swaps and the macroeconomy. Applied Economics Letters, 19 (2), pp. 129-132.
Morley, B. and Wei, Q., 2012. The Taylor rule and house price uncertainty. Applied Economics Letters, 19 (15), pp. 1449-1453.
Morley, B. and Thomas, D., 2011. Risk-return relationships and asymmetric adjustment in the UK housing market. Applied Financial Economics, 21 (10), pp. 735-742.
Dawson, P., Morely, B., Paton, D. and Thomas, D., 2009. To bat or not to bat: An examination of match outcomes in day-night limited overs cricket. Journal of the Operational Research Society, 60 (12), pp. 1786-1793.
Liu, W. and Morley, B., 2009. Volatility Forecasting in the Hang Seng index using the GARCH Approach. Asia-Pacific Financial Markets, 16 (1), pp. 51-63.
Morley, B. and Morgan, W., 2008. Causality between exports, productivity and financial support in European Union agriculture. Regional Studies, 42 (2), pp. 189-198.
Morley, B., 2008. Tobin's Q and the location of Foreign Direct Investment in China. International Journal of Business and Management, 3, pp. 24-28.
Morley, B. and Thomas, D., 2007. Attendance Demand and Core Support: Evidence from Limited-Overs Cricket. Applied Economics, 39 (16-18), pp. 2085-97.
Morley, B., 2007. The Monetary Model of the Exchange Rate and Equities:An ARDL Bounds Testing Approach. Applied Financial Economics, 17, pp. 391-397.
Morley, B., 2006. Causality between Economic Growth and Immigration: An ARDL Bounds Testing Approach. Economics Letters, 90, pp. 72-76.
Morley, B. and Thomas, D., 2005. An investigation of home advantage and other factors affecting outcomes in English one-day cricket matches. Journal of Sports Sciences, 23, 261--268.
Broome, S. and Morley, B., 2004. Stock prices as a leading indicator of the East Asian financial crisis. Journal of Asian Economics, 15, 189--197.
Morley, B., 2002. Exchange Rates and Stock Prices: Implications for European Convergence. Journal of Policy Modeling, 24, 523--526.
Morley, B., 2002. Output, Consumption and the Stock Market: Implications for European Convergence. Applied Economics, 34, 317--323.
Reports/Papers
Liu, Y. and Morley, B., 2011. Sovereign Credit Default Swaps and the Macroeconomy. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 03/11)
Li, D., Ghoshray, A. and Morley, B., 2011. Uncovered Interest Parity and the Risk Premium. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 02/11)
Morley, B., 2010. Environmental Policy and Economic Growth: Empirical Evidence from Europe. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 12/10)
Morley, B. and Abdullah, S., 2010. Environmental Taxes and Economic Growth: Evidence from Panel Causality Tests. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 04/10)
Morley, B., 2010. Empirical Evidence on the Effectiveness of Environmental Taxes. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 02/10)
Morley, B., 2009. Exchange Rates and Stock Prices in the Long Run and Short Run. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 5/09)
Conference or Workshop Items
Morley, B., 2010. Environmental Policy, Pollution and Economic Growth: Evidence from Panel Causality Tests. In: Regional Studies Association Winter Conference 2010, 2010-11-26, London.
