Abstract. In this study, we investigate the short run effect of the 30 October 1995 Quebec referendum on the common stock returns of Quebec firms. Our results show that the uncertainty surrounding the referendum outcome had an impact on stock returns of Quebec firms. We...

Gridded surface climate data are used to measure global warming trends and to detect the role of greenhouse gases. Results from these studies may be inaccurate if significant warming patterns due to land surface changes and data inhomogeneities are not removed from the ...

We study corporate spinoffs with changes in CEO compensation to examine how spinoffs affect managerial incentive compensation and whether the changes in managerial compensation can explain the value enhancement and operating performance improvements that occur following...

Abstract We use a range of simple models and 22 years of real-time data vintages for the U.S. to assess the difficulties of estimating the equilibrium real interest rate in real time. Model specifications differ according to whether the time-varying equilibrium real rat...

In a stylized model of international trade, a monopolist in the North exports second-hand products to a representative firm in the South to be reused as intermediate goods, with potential trade gains. The degree of reusability of waste products is a crucial choice varia...

The authors argue that UNCITRAL Working Group III, as part of its mandate for reform of the international investment regime, should consider issues at the core of the concerns about the regime's accountability and legitimacy, especially in the case of investor-state dis...

Magnetoelectric (ME) coupling has gradually developed into one of the core means of advancing ultralow-power memory, logic and sensor technologies. Among various strategies, magneto-ionic control of magnetism based on mechanism such as redox, intercalation/deintercalati...

This paper uses real options theory to value an investment opportunity known as the Mediterranean-Dead Sea hydroelectric project. We employ a discrete time model to: -quantify simultaneous variation of three decision variables over the useful life of the project; -value...

The purpose of our study is to examine important dimensions of food security in the context of current wildlife management in Nunavut, Canada. In doing so, we attempt to bridge harvesting studies and food security studies. The latter have been primarily focused on house...

This paper proposes a new micro-founded measure to quantify the aggregate capitalisation of banking sectors taking into account both market discipline and regulatory constraints. It allows studying the connection between micro capital shortfalls from an implicit bank sp...