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Empirical exchange rate models of the Seventies: do they fit out of sample?

by Richard A. Meese, Kenneth Rogoff - JOURNAL OF INTERNATIONAL ECONOMICS , 1983
"... This study compares the out-of-sample forecasting accuracy of various structural and time series exchange rate models. We find that a random walk model performs as well as any estimated model at one to twelve month horizons for the dollar/pound, dollar/mark, dollar/yen and trade-weighted dollar exch ..."
Abstract - Cited by 854 (12 self) - Add to MetaCart
exchange rates. The candidate structural models include the flexible-price (Frenkel-Bilson) and sticky-price (Dornbusch-Frankel) monetary models, and a sticky-price model which incorporates the current account (Hooper-Morton). The structural models perform poorly despite the fact that we base

Investor psychology and security market under- and overreactions

by Kent Daniel, David Hirshleifer - Journal of Finance , 1998
"... We propose a theory of securities market under- and overreactions based on two well-known psychological biases: investor overconfidence about the precision of private information; and biased self-attribution, which causes asymmetric shifts in investors ’ confidence as a function of their investment ..."
Abstract - Cited by 698 (43 self) - Add to MetaCart
-run earnings “drift, ” but negative correlation between future returns and long-term past stock market and accounting performance. The theory also offers several untested implications and implications for corporate fi-nancial policy. IN RECENT YEARS A BODY OF evidence on security returns has presented a sharp

Motivation through the Design of Work: Test of a Theory. Organizational Behavior and Human Performance,

by ] Richard Hackman , Grec R Oldham , 1976
"... A model is proposed that specifies the conditions under which individuals will become internally motivated to perform effectively on their jobs. The model focuses on the interaction among three classes of variables: (a) the psychological states of employees that must be present for internally motiv ..."
Abstract - Cited by 622 (2 self) - Add to MetaCart
advocate job rotation claim that work motivation can be kept reasonably high by rotating individuals through several different jobs, even though each of the jobs would become monotonous and boring if one were to remain on it for a long period of time. If future research can identify ways to maintain

Measurement, Modeling, and Analysis of a Peer-to-Peer File-Sharing Workload

by Krishna P. Gummadi, Richard J. Dunn, Stefan Saroiu, Steven D. Gribble, Henry M. Levy, John Zahorjan , 2003
"... Peer-to-peer (P2P) file sharing accounts for an astonishing volume of current Internet tra#c. This paper probes deeply into modern P2P file sharing systems and the forces that drive them. By doing so, we seek to increase our understanding of P2P file sharing workloads and their implications for futu ..."
Abstract - Cited by 487 (7 self) - Add to MetaCart
Peer-to-peer (P2P) file sharing accounts for an astonishing volume of current Internet tra#c. This paper probes deeply into modern P2P file sharing systems and the forces that drive them. By doing so, we seek to increase our understanding of P2P file sharing workloads and their implications

The benefits of frequent positive affect: Does happiness lead to success?

by Sonja Lyubomirsky, Laura King, Ed Diener - PSYCHOLOGICAL BULLETIN , 2005
"... Numerous studies show that happy individuals are successful across multiple life domains, including marriage, friendship, income, work performance, and health. The authors suggest a conceptual model to account for these findings, arguing that the happiness–success link exists not only because succes ..."
Abstract - Cited by 446 (43 self) - Add to MetaCart
Numerous studies show that happy individuals are successful across multiple life domains, including marriage, friendship, income, work performance, and health. The authors suggest a conceptual model to account for these findings, arguing that the happiness–success link exists not only because

The neural basis of human error processing: Reinforcement learning, dopamine, and the error-related negativity

by Clay B. Holroyd, Michael G. H. Coles - PSYCHOLOGICAL REVIEW 109:679–709 , 2002
"... The authors present a unified account of 2 neural systems concerned with the development and expression of adaptive behaviors: a mesencephalic dopamine system for reinforcement learning and a “generic ” error-processing system associated with the anterior cingulate cortex. The existence of the error ..."
Abstract - Cited by 430 (20 self) - Add to MetaCart
The authors present a unified account of 2 neural systems concerned with the development and expression of adaptive behaviors: a mesencephalic dopamine system for reinforcement learning and a “generic ” error-processing system associated with the anterior cingulate cortex. The existence

A mammalian microRNA expression atlas based on small RNA library sequencing.

by Pablo Landgraf , Mirabela Rusu , Robert Sheridan , Alain Sewer , Nicola Iovino , Alexei Aravin , Sé Bastien Pfeffer , Amanda Rice , Alice O Kamphorst , Markus Landthaler , Carolina Lin , Nicholas D Socci , Leandro Hermida , Valerio Fulci , Sabina Chiaretti , Robin Foà , Julia Schliwka , Uta Fuchs , Astrid Novosel , Roman-Ulrich Mü , Bernhard Schermer , Ute Bissels , Jason Inman , Quang Phan , David B Weir , Ruchi Choksi , Gabriella De Vita , Daniela Frezzetti , Hans-Ingo Trompeter , Veit Hornung , Grace Teng , Gunther Hartmann , Miklos Palkovits , Roberto Di Lauro , Peter Wernet , Giuseppe Macino , Charles E Rogler , James W Nagle , Jingyue Ju , F Nina Papavasiliou , Thomas Benzing , Peter Lichter , Wayne Tam , Michael J Brownstein , Andreas Bosio , James J Russo , Chris Sander , Mihaela Zavolan , Thomas Tuschl - Cell, , 2007
"... SUMMARY MicroRNAs (miRNAs) are small noncoding regulatory RNAs that reduce stability and/or translation of fully or partially sequencecomplementary target mRNAs. In order to identify miRNAs and to assess their expression patterns, we sequenced over 250 small RNA libraries from 26 different organ sy ..."
Abstract - Cited by 418 (4 self) - Add to MetaCart
of which are ubiquitously expressed, account for most of the differences in miRNA profiles between cell lineages and tissues. This broad survey also provides detailed and accurate information about mature sequences, precursors, genome locations, maturation processes, inferred transcriptional units

The Determinants of Credit Spread Changes.

by Pierre Collin-Dufresne , Robert S Goldstein , J Spencer Martin , Gurdip Bakshi , Greg Bauer , Dave Brown , Francesca Carrieri , Peter Christoffersen , Susan Christoffersen , Greg Duffee , Darrell Duffie , Vihang Errunza , Gifford Fong , Mike Gallmeyer , Laurent Gauthier , Rick Green , John Griffin , Jean Helwege , Kris Jacobs , Chris Jones , Andrew Karolyi , Dilip Madan , David Mauer , Erwan Morellec , Federico Nardari , N R Prabhala , Tony Sanders , Sergei Sarkissian , Bill Schwert , Ken Singleton , Chester Spatt , René Stulz - Journal of Finance , 2001
"... ABSTRACT Using dealer's quotes and transactions prices on straight industrial bonds, we investigate the determinants of credit spread changes. Variables that should in theory determine credit spread changes have rather limited explanatory power. Further, the residuals from this regression are ..."
Abstract - Cited by 422 (2 self) - Add to MetaCart
. Thus, we examine how changes in credit spreads respond to proxies for both changes in the probability of future default and for changes in the recovery rate. Separately, recent empirical studies find that the corporate bond market tends to have relatively high transactions costs and low volume. 1

2007 . Phaser crystallographic software

by Airlie J. Mccoy, A Ralf W. Grosse-kunstleve, B Paul D. Adams, B Martyn D. Winn, Laurent C. Storoni A, Y J. Read A - 658 – 674
"... Phaser is a program for phasing macromolecular crystal structures by both molecular replacement and experimental phasing methods. The novel phasing algorithms implemented in Phaser have been developed using maximum likelihood and multivariate statistics. For molecular replacement, the new algorithms ..."
Abstract - Cited by 408 (1 self) - Add to MetaCart
algorithms have proved to be significantly better than traditional methods in discriminating correct solutions from noise, and for single-wavelength anomalous dispersion experimental phasing, the new algorithms, which account for correlations between F + and F, give better phases (lower mean phase error

Optical Burst Switching (OBS) -- A New Paradigm for an Optical Internet

by Chunming Qiao, Myungsik Yoo - JOURNAL OF HIGH SPEED NETWORKS , 1999
"... To support bursty traffic on the Internet (and especially WWW) efficiently, optical burst switching (OBS) is proposed as a way to streamline both protocol and hardware in building the future generation Optical Internet. By leveraging the attractive properties of optical communications and at the sam ..."
Abstract - Cited by 381 (14 self) - Add to MetaCart
To support bursty traffic on the Internet (and especially WWW) efficiently, optical burst switching (OBS) is proposed as a way to streamline both protocol and hardware in building the future generation Optical Internet. By leveraging the attractive properties of optical communications
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