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 paper reviews how the changing financial environment in Korea has affected the conduct of monetary policy and examines the extent to which the Bank of Korea now uses the short-term interest rate rather than money aggregates as an operating target. Empirical results from estimation of...

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 paper provides evidence that uncontested director elections provide informative polls of investor perceptions regarding board performance. We find that higher (lower) vote approval is associated with lower (higher) stock price reactions to subsequent announcements of management turnovers....

This paper considers how the presence of a speculative investor, who bets on a firm's future earnings report, affects how the firm's management manipulates that report. We examine the influence of the speculator's information on earnings management behavior, quality of reported earnings, and...