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2011
Interdisciplinary communication, and thus the rate of progress in scholarly understanding, would be greatly enhanced if scholars had access to a universal classification of documents or ideas not grounded in particular disciplines or cultures. Such a classification is feasible if complex concepts...
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2002
This paper develops a twelve-step process for interdisciplinary research. While individual researchers cannot be expected to follow all of these steps in every research project, the process alerts them to the dangers of omitting steps. Moreover, communities of interdisciplinary researchers should...
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The risk premium, exchange rate expectations, and the forward exchange rate: Estimates for the Yen-Dollar rate
Download2003-01-01
Landon, Stuart, Smith, Constance E.
The forward rate is often used as the market's prediction of the future spot exchange rate even though the hypothesis that the forward rate is an unbiased predictor of the future spot rate has been rejected in a large number of empirical studies using data for different countries and time...
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1998-01-01
Landon, Stuart, Smith, Constance E.
While the theoretical literature on firm reputation is well developed, there exist few empirical studies that quantify the importance of reputation effects. This paper and reputation using data from the market for Bordeaux wine. A model is proposed in which price is a function of current quality...
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2015-01-01
Landon, Stuart, Smith, Constance E.
Resource prices, and petroleum prices in particular, are volatile and difficult to predict, so government revenue in resource-producing regions is also uncertain and volatile. Adjusting government expenditure in response to these revenue movements involves economic, social and political costs....
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1997-09-01
Landon, Stuart, Smith, Constance E.
The absolute and relative impact of current quality and reputation variables on consumer decisions are examined using data from the market for Bordeaux wine. The estimates indicate that a model of consumer decision making which incorporates information on reputation (past quality) and collective...
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Taxation and bond market investment strategies: Evidence from the market for Government of Canada bonds
Download2008-01-01
Landon, Stuart, Smith, Constance E.
This article shows that, contrary to the suggestion of some investment advisers, for an individual Canadian investor subject to personal income taxation, the after-tax yield on a discount bond is always higher than (or, at worst, equal to) the yield on a premium bond. This follows because the tax...