The Forward Market in Emerging Currencies: Less Biased than in Major Currencies
Many studies have replicated the finding that the forward rate is a biased predictor of the future change in the spot exchange rate.
Research
A Two-Dimensional Model of Intergroup Leadership
The model presented argues that leadership involves bringing together not only diverse individuals but also the subgroups to which they belong.
Ecosystem Stewardship: Sustainability Strategies for a Rapidly Changing Planet
Ecosystem stewardship is an action-oriented framework intended to foster the social–ecological sustainability of a rapidly changing planet.
Promises and Pitfalls in the Spatial Prediction of Ethnic Violence: A Comment
Despite increasing technical sophistication, the quantitative literature has made little progress in forecasting ethnic violence.
The Remnibi Since 2005
Thanks to deft diplomatic footwork, a US-China confrontation over the renminbi has been avoided – or at least postponed. This is a very good thing.
Affecting Definite Future People
DOE FY 2011 Budget Request for Energy Research, Development, Demonstration, and Deployment: Analysis and Recommendations
In spite of the difficult fiscal situation, President Obama's FY 2011 budget request for energy research, development, and demonstration (RD&D) would increase funding for applied energy RD&D p
Female Employment and Fertility in Rural China
This paper has been archived. Please see RWP12-054 for the latest revised version.
The Effect of Allowance Allocations on Cap-and-Trade System Performance
We examine an implication of the “Coase Theorem” which has had an important impact both on environmental economics and on public policy in the environmental domain.
Stunning IMF Policy Reversal Sets the Stage for Robin Hood
In the world of economics and finance, revolutions occur rarely and are often detected only in hindsight. But what happened on Feb.
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