Our team has been hard at work, over the past years, researching areas in great depth, in order to produce well-crafted pieces that reflect their hard work. We are proud to present our 2018-2021 publication cycle to our valued readers below.
Decline of British High Streets
Agnes Li, Eva Graf, Philip Jenkins & Syna Singh
The UK highstreet has been a center of commerce and culture for many centuries, and is a major attraction in most cities. However, for the past decades, the high streets have been experiencing a massive decline and small cities have been hit worse than larger ones such as Manchester and London.
Our study aims to investigate and understand the different aspects of
the British town centers’ crisis.
Historic Recession Remediation
Nevin Benoy, Junghoon Kim, Donghyun Kim
& Temmuz Ozcagatay
Our research project investigates four policies used in response to the Great Recession (’08 to ’09) to ascertain whether they were viable to aid the recovery from the recession caused by the Covid-19 pandemic (’20). The four policies investigated were Quantitative Easing, Base Rate manipulation, fiscal stimulus measures and the use of Automatic Stabilisers.
and what to do about it
Kaci Emrich, Ruairidh Jack, Dhruv Shah
& Johannes Wandel
In recent years, tax avoidance by the rich has become a major source of contention under the present US tax system. This is attributed to a shortfall in capital gains tax rates relative to labour income which has incentivised wealthy individuals to game the system by earning income through corporations or assets. A comprehensive analysis on these tax loopholes unearths three primary ways in which the rich have exploited the system: offshore tax shelters, sheltering income in corporate entities and pass-through deductions.
Social Media Influence
on Share Price
Finance is an ever-changing field that shifts as the world around it does. With the growing presence of social media, it is indispensable in business. Behavioral finance takes people’s biases and judgement into account and assumes people do not always act in the most rational or logical way. As a young person myself, I wanted to blend my knowledge of social media and finance and see what links I could find.
Behavioural Economics and Climate Change
This essay is aimed to analyse how behavioural economics can contribute to solving the climate change problem. The Alliance of Small Island States (AOSIS), including Nauru, Tuvalu and Vanuatu, are at stake of their national survival due to the rise of sea level (Vogler, 2017, p.394). The average earth temperature in January 2018 was 0.71°C (1.28°F) above the 20th century average of 12.0°C (53.6°F) (Co2 Earth, 2019).
The Mechanics of Trading
The process of integrating technology and finance is not new and the threats that developments in software bring to the finance industry are well documented. However, the rapid innovation that is occurring in the field of Artificial intelligence demands a new outlook in the process and delivery of financial services, specifically trading.
How Far Has It Come
& What's Next?
When I first came to St Andrews my degree was Economics & Psychology and when asked to explain such an unusual choice, I would often say ‘I like behavioural economics’. Up until December 2017, many non-Economics students would have told me that they had heard of Daniel Kahneman but not anybody else in this field. But in December 2017 the Nobel Prize was awarded to Richard Thaler, another behavioural economist.
Military Divestment affect the UK?
Pratiksha Saha, Finn Cousins & Ian Harijanto
Driven by the desire to connect economic theory with real world examples, this paper has chosen to assess the effect of divestment on the UK economy. Specifically, it will focus on divestment from the wider the defence sector. In recent years divestment has become a growing tool which has been utilised by social activists and protestors alike.