In this article we reconsider the Froot and Frankel results on the sources of forward discount
bias. We question the economic validity of some estimation restrictions that they impose and…

This article shows that portfolios that aim to diversify across countries and across industries
provide markedly better reward-to-risk ratios than the traditional asset allocation strategies …

In this paper we study the relative importance of surprises in fundamentals in explaining
unexpected exchange rate movements. Employing a unique survey dataset that contains …

Using a new set of survey data on EMS exchange rates, we investigate exchange rate
expectations and risk premia between December 1985 and August 1991 to assess credibility of …

… In this paper, we present and assess the achievements of our research group in this field
focusing on the following aspects: (i) The manufacturing technology of sensor arrays based on …

As Dutch investors add international securities to their portfolios, it becomes important to
understand and evaluate both the benefits of diversification and management of the associated …

… Using the cutoff value recommended by the manufacturer (50 µg/g), we found Se =100%,
Sp =52.4%, PPV =70.6%, and NPV =100% for the diagnosis of IBD. Conclusions. FC appears …

Hepatocellular carcinoma (HCC), the fourth leading cause of cancer mortality worldwide,
develops almost exclusively in patients with chronic liver disease and advanced fibrosis 1 , 2 . …

Cavitation phenomena, which are commonly connected to erosion effects in fluid-flow systems,
can be valid non-conventional mild disinfection processes for the treatment of fresh milk, …