Contents of IREF: Volume 9

Articles

Looking for Arbitrage
Sjur Didrik Flåm

The Price-Volume Relationship in the Crude Oil Futures Market: Some Results Based on Linear and Nonlinear Causality Testing
Imad A. Moosa and Param Silvapulle

The Effects of Alternative Fiscal Policies on the Intertemporal Government Budget Constraint
Marcelo Bianconi

Competition for Foreign Direct Investment When Countries Are Not Sure of Site Values
Koray Kiymaz and Leon Taylor

On Some Aspects of Ecosystem Persistence and the Optimal Conservation of Species
Amitrajeet A. Batabyal

A Vector Error Correction Model of the Singapore Stock Market
Ramin Cooper Maysami and Tiong Sim Koh

Book Review

Two Lucky People: Memoirs
Milton and Rose D. Friedman
Reviewed by Barbara McKiernan

Articles

International Cross-Listing and Stock Market Development in Emerging Economies
Kent Hargis

Initial Beliefs and the Global Stability of Least Squares Learning
M. C. Chang, C. Y. Cyrus Chu, and Kenneth S. Lin

Self-Selection and the Effects of Poison Put/Call Covenants on the Reoffering Yields of Corporate Bonds
Khalil M. Torabzadeh, John Roufagalas and Criss G. Woodruff

Short-Term Eurocurrency Rate Behavior and Specifications of Cointegrating Processes
Thomas C. Chiang and Doseong Kim

Evaluating the Fisher Effect in Long-Term Cross-Country Averages
Lee Coppock and Marc Poitras

Book Review

A Beautiful Mind
Sylvia Nasar
Reviewed by Alexander Robson

Articles

Inflation and Capital Gains Taxes In A Small Open Economy
Charles Ka Yui Leung and Guang-Jia Zhang

Adjusting for Risk: An Improved Sharpe Ratio
Kevin Dowd

A Dynamic Two-Sector Model for Analyzing The Interrelation Between Financial Development and Industrial Growth
Eric C. Wang

Non-Reversed Trades: Further Implications for Currency Trading
Lloyd P. Blenman

Wage Indexation, Migration and Unemployment
Bharat R. Hazari and Pasquale M. Sgro

Exchange Rate Exposure of the Key Financial Institutions in the Foreign Exchange Market
Anna D. Martin

Book Review

The Economics of Transnational Commons
Partha Dasgupta, Karl-Goran Maler, and Alessandro Vercelli
Reviewed by Amitrajeet A. Batabyal

Articles

Market Structure and Multiperiod Hedging
Udo Broll and Bernhard Eckwert

The Relationship Between Developed Equity Markets and the Pacific Basin's Emerging Equity Markets
Baekin Cha and Sekyung Oh

Choice of Currency Basket Weights and Its Implications on Trade Balance
Hsiang-Ling Han

International Bonds and the Currency Risk: How do Macro-shocks Affect Returns?
David M. Sturges

A Contingent Claim Analysis of a Rate-Setting Financial Intermediary
Jyh-Horng Lin

Stock Market Booms and Real Economic Activity: Is This Time Different?
Mathias Binswanger

Book Review

Winners, Losers & Microsoft: Competition and Antitrust in High Technology
Stan J. Liebowitz & Stephen E. Margolis
Reviewed by Daniel Sutter