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Purchasing Power Parity and the Efficient Markets: the Recent Empirical Evidence
The purpose of the study is to empirically determine the relevance of PPP theory under the traditional arbitrage and the efficient markets (EPPP) frameworks during the recent floating period of the 1980s. Monthly data was collected for fifteen industrial nations from January 1980 to December 1986. The models tested included the short-run PPP, the long-run PPP, the EPPP, the EPPP with deviations from expectations, the forward rates as unbiased estimators of future spot rates, the EPPP and the forward rates, and the EPPP with forward rates and lagged values. A generalized regression method called Seemingly Unrelated Regression (SUR) was employed to test the models. The results support the efficient markets approach to PPP but fail to support the traditional PPP in both the short term and the long term. Moreover, the forward rates are poor and biased predictors of the future spot rates. The random walk hypothesis is generally supported.
Date:
December 1988
Creator:
Yuyuenyongwatana, Robert P. (Robert Privat)
Object Type:
Thesis or Dissertation
System:
The UNT Digital Library
[News Clip: Mold making]
Video footage from the KXAS-TV/NBC station in Fort Worth, Texas, to accompany a news story.
Date:
January 14, 1986, 10:00 p.m.
Creator:
KXAS-TV (Television station : Fort Worth, Tex.)
Object Type:
Video
System:
The UNT Digital Library
Girolamo Savonarola and the Problem of Humanist Reform in Florence
Girolamo Savonarola lived at the apex of the Renaissance, but most of his biographers regard him as an anachronism or a precursor of the Reformation. Savonarola, however, was influenced by the entire milieu of Renaissance Florence, including its humanism. Savonarola's major work, Triumph of the Cross, is a synthesis of humanism, neo-Thomism and mysticism. His political reforms were routed in both the millennialist dreams of Florence and the goals of civic humanism. Hoping to translate the abstract humanist life of virtue into the concrete, he ultimately failed, not because the Renaissance was rejecting the Middle Ages, but because the former was reacting against itself. Florence, for all its claims of being the center of the Renaissance, was not willing to make humanist reform a reality.
Date:
August 1988
Creator:
Norred, Patricia A.
Object Type:
Thesis or Dissertation
System:
The UNT Digital Library
Interview with Henry Boren, 1985
Interview with Henry Boren, History Professor at the University of North Carolina. In the interview, Boren discusses the Roman Empire.
Date:
1985
Creator:
Boren, Henry & McCaleb, Gary
Object Type:
Video
System:
The Portal to Texas History
The Vaiont Slide: A Geotechnical Analysis Based on New Geologic Observations of the Failure Surface, Volume 1: Main Text
First part of a final report describing "efforts to confirm the existence and nature of clay seams in the [Vaiont Slide] mass and to confirm the possible existence of an 'old' slide at the site. These efforts were made by (a) firsthand field observations of the geology, (b) an examination of preslide and postslide airphotographs, (c) laboratory testing of samples of failure plane materials, and (d) and examination and translation of geologic and other documents related to preslide and postslide conditions" (abstract, para. 2). The report also presents stability analyses of the Vaiont Slide.
Date:
June 1985
Creator:
Hendron, A. J., Jr. & Patton, F. D.
Object Type:
Report
System:
The UNT Digital Library
The Vaiont Slide: A Geotechnical Analysis Based on New Geologic Observations of the Failure Surface, Volume 2: Appendicies A Through G
Second part of a final report containing appendices to accompany a study describing "efforts to confirm the existence and nature of clay seams in the [Vaiont Slide] mass and to confirm the possible existence of an 'old' slide at the site. These efforts were made by (a) firsthand field observations of the geology, (b) an examination of preslide and postslide airphotographs, (c) laboratory testing of samples of failure plane materials, and (d) and examination and translation of geologic and other documents related to preslide and postslide conditions" (abstract, para. 2, Volume 1).
Date:
June 1985
Creator:
Hendron, A. J., Jr. & Patton, F. D.
Object Type:
Report
System:
The UNT Digital Library
[News Clip: Terrorist attack]
Video footage from the KXAS-TV/NBC station in Fort Worth, Texas, to accompany a news story.
Date:
December 27, 1985, 10:00 p.m.
Creator:
KXAS-TV (Television station : Fort Worth, Tex.)
Object Type:
Video
System:
The UNT Digital Library
Panorama of Florence from Campanile
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View towards San Lorenzo complex w. Duomo façade (right)
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Campanile
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View towards Santa Maria Novella and railroad station
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from the Boboli Gardens
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View of historic city w. gazebo in foreground
Date:
1980~/1989~
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Giotto's Tower
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; Telephoto view towards Santa Croce
Date:
1980
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Forte di Belvedere
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View N of Duomo, Palazzo Vecchio and Palazzo degli Uffizi
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Forte di Belvedere
Access:
Use of this item is restricted to the UNT Community
None
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from the Duomo
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View through the lantern of Brunelleschi's dome towards S. Croce
Date:
1981
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from the Palazzo degli Uffizi
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View of Piazza della Signoria and the Bargello
Date:
1980
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
The Campo and Palazzo Pubblico
Access:
Use of this item is restricted to the UNT Community
keywords: plaza ; Overall view taken on day of Palio (2 July 1983)
Date:
1983
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Siena from the Pinacoteca Nazionale
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View N w. the Palazzo Pubblico
Date:
1983
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Forte di Belvedere
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View NE of Church of Santa Croce w. dome of Synagogue (left)
Date:
1987
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florence from Forte di Belvedere
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View E w. Church of San Miniato al Monte, hills, suburban development
Date:
1987
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Florenc from Forte di Belvedere
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View of San Miniato al Monte w. hills and suburban villas
Date:
1980
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of Siena
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View of Palazzo and Piazza Pubblico
Date:
1986
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of San Gimignano
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View of Porta San Giovanni (1262), Torre Grosso and Palazzo del Popolo (begun 1300)
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of San Gimignano
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View N along Via San Giovanni of Torre Grosso and Palazzo del Popolo (begun 1300)
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library
Panorama of San Gimignano from Palazzo del Popolo
Access:
Use of this item is restricted to the UNT Community
keywords: panorama ; View N of Piazza del Duomo w. Cathedral façade
Date:
1985
Creator:
unknown
Object Type:
Artwork
System:
The UNT Digital Library