Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited
Article Type: Editorial From: Journal of Financial Economic Policy, Volume 3, Issue 2
Our editorial policy is to publish research that covers a broad range of topics that can help promote better financial and economic policies in countries around the world, whether such policies are formulated and implemented at either the government or corporate level. We would encourage submissions of articles that offer insights into issues facing our financial markets and how countries and firms are responding to these issues. The journal seeks articles that can have implication for governmental as well as corporate policies. Our goal is to make this journal a source of articles that help to understand issues related to financial markets and policies and to hopefully provide some guidance for policymakers.
Papers in this issue
The second issue of 2011 features four articles. The first article by Paul Bennett addresses current trends in financial markets in the USA in light of the financial crisis and subsequent reform legislation. Paul Bennett offers interesting insights into the role of technology in trading and the possibility of increased instability with such technology. The second article by Sameeksha Desai, Johan Eklund, and Andreas Högberg examines capital allocation in India after pro-market reforms were undertaken. They note that mutual funds as well as foreign investors do serve to improve the allocation process. They conclude that further efficiency may be gained with greater deregulation of such markets.
The third article by Donatella Porrinia and Giovanni B. Ramello considers class action and its role in monitoring of financial markets. They contrast ex ante regulation by governmental regulatory bodies with ex post action that may be initiated by affected consumers. The final paper in this issue is by Chia-Hsing Huang and Liang-Chun Ho examines bio fuel policies in Brazil, the EU and the USA. Through empirical examination using Granger causality methodology, the conclusion is that specific bio fuel policies do not result in higher prices for oil and food.
James Barth, John Jahera