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  • Sergey Chernenko, Michael Faulkender, R H Smith, Alessandro Beber, Dan Bergstresser, Mitchell Berlin +27 others
  • 2008
Existing cross-sectional findings on non-financial firms " use of derivatives are consistent with both hedging and speculative interpretations. An examination using panel data can distinguish between derivatives practices that endure over time, and are therefore more likely to result from hedging, and those that are more transient, thus more consistent with(More)
established by the Oregon Legislature, conducts research leading to sustainable forest yields, innovative and efficient use of forest products, and responsible stewardship of Oregon's resources. Its scientists conduct this research in laboratories and forests administered by the University and cooperating agencies and industries throughout Oregon. Research(More)
ii The use of trade, firm, or corporation names in this publication is for the information and convenience of the reader. Such use does not constitute an official endorsement or approval by the Government of British Columbia of any product or service to the exclusion of any others that may also be suitable. Contents of this report are presented for(More)
Government litigators increasingly use private resources—human and financial—to support their efforts in court. In some cases, government entities hire private lawyers to perform legal work on behalf of the government; in others, they draw on private donations to fund litigation; and in some cases they do both, relying on privately funded private lawyers to(More)
In most cases authors are permitted to post their version of the article (e.g. in Word or Tex form) to their personal website or institutional repository. Authors requiring further information regarding Elsevier's archiving and manuscript policies are encouraged to visit: Abstract We study the optimal trading strategy of mutual funds that face both position(More)
—In this paper, a software product line (SPL) architecture that explicitly captures common features of real-time object tracking systems using Cricket wireless sensors is presented. A software product line process is also presented including user requirements, architecture design, component development, and systems integration. The focus lies on the(More)
Transaction costs can make it unprofitable to rebalance all the way to the ideal portfolio. A single-period analysis using mean-variance theory provides many interesting insights. With fixed or variable costs, there is a non-trading region within which trading does not pay. With only variable costs, any trading is to the boundary of the non-trading region,(More)
The views expressed here are those of the author(s) and not necessarily those of the Federal Deposit Insurance Corporation ABSTRACT: In this paper, we explore the managerial decision-making process with a particular eye on why managers are timing the interest rate market. We ask whether the documented sensitivity of interest rate swap usage to the term(More)
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