The objective of this paper is to show quantitative results for the exchange rate target zones in a small open economy. We develop a stochastic model for exchange rates under the equilibrium in goods and money markets based on a variation of Dornbusch (1976)'s model, incorporating several kinds...

The current study presents a statistical model for assessing the skill of fire danger indices and for forecasting the distribution of the expected numbers of large fires over a given region and for the upcoming week. The procedure permits development of daily maps that forecast, for the...

Systematic sampling is easy, efficient, and widely used, though it is not generally recognized that a systematic sample may be drawn from the population of interest with or without restrictions on randomization. The restrictions or the lack of them determine which estimators are unbiased, when...

An evaluation of the utility of assessing and treating severe problem behavior through precursor functional analysis was completed. Ongoing measurement of problem behavior in two settings in the participant's natural environment was conducted for the duration of the study. A precursor to...

Although the U.S. Congress established the Total Maximum Daily Load (TMDL) program in the original Clean Water Act of 1972, Section 303(d), it did not receive attention until the 1990s. Currently, two methods are available for tracking pollution in the environment and assessing the effectiveness...

This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we...

Field data from snow avalanche fracture lines for slope angle and slab depth (measured perpendicular to the weak layer) were analyzed for different triggering mechanisms. For slope angle, the results showed that the same probability density function (pdf) (of log-logistic type) and range...

Purpose – The purpose of this paper is to investigate how accountants interpret verbal uncertainty expressions with a focus on numeric‐to‐verbal translation. Design/methodology/approach – Accounting for loss contingencies (SFAS 5) were chosen as a setting to study this research question....