The California Department of Transportation (Caltrans) replaced about 5 kilometers (total 20 lane-kilometers) of concrete pavement on Interstate 15 in Devore, California. The I-15 Devore II rehabilitation project was completed in six weekend closures with around-the-clock construction in early...

The Bank of Korea is strengthening its ability to identify risk factors at an early stage by monitoring the basis of macroprudential conditions. Through its Financial Stability Report, a semi-annual statutory report, the Bank assesses macroprudential conditions, delivers early warnings, and...

This publication is part of a collection of three profiles covering nine aquatic resources-dependent villages in the provinces of Stung Treng, Takeo and Siem Reap. The profiles are important because in most, if not all, of the aquatic-resources villages of Cambodia, critical data and information...

Under the impetus of the recent global financial crisis, there has been a growing recognition that the global imbalances are a systemic problem that has a great bearing on the macroeconomic policies of a number of countries as well as on cross-border capital flows, and that they might be linked...

This study investigates how development of the local currency (LCY) bond market brings stability in the financial market. The analysis is based on annual economy panel data set for 1989–2020. The main findings are as follows. First, exchange rate volatility is lower during crisis periods if an...

In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and that the effect is heterogeneous across firms of...

This study evaluates the overall efficiency of aeronautical and non-aeronautical production process. Moreover, it investigates the each stage efficiency using network data envelopment analysis and compares the results with tradition DEA to find out the causes of inefficiency and analyze its...

We propose a measure of disagreement among investors (i.e., differences of opinion as opposed to information asymmetry) based on analyst earnings forecasts. Our measure relies on the notion that when analysts agree, the law of iterated expectations applies and a regression of an analyst's...