Edmund Crispin's "St Bartholomew’s Day" in Richard Dalby's The Mammoth Book of Ghost Stories Volume 2 is a good M.R. James inspired horror story. Crispin's first two crime novels, The Case of the Gilded Fly and Holy Disorders, contain complete Jamesian ghost stories as part of the narrative. Both novels are in print. I've read a lot of Jamesiana, and Crispin's three stories are worth reading.
This is the 1980 Avon edition of The Case of the Gilded Fly for which I have a copy. Unusually, the cover artist seems to have actually read the book and followed the description of Fen (Crispin's academic amateur detective).
Inasmuch Edmund Crispin was only twenty-two when he wrote The Case of the Gilded Fly over a fortnight it's a wonder that the book works at all, which it only barely does. By far the best chapters are five, which contains a good M.R. James pastiche "Cave ne Exeat" ("Don't let it get out") and thirteen, which contains a very Jamesian description of murder in a cathedral and a riposte to the pastiche.