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.

In the history of seventeenth-century European music the court of Christian IV (r. 1588-1648) occupies a position of prominence. Christian, eager for fame as a patron of the arts, drew to Denmark many of the musical giants of the age, among them the lutenist John Dowland and the composer Heinrich Schltz. Sadly, except for financial records and occasional letters still in the archives, few traces remain of these brilliant years in Denmark. The music composed and played during this half century has largely disappeared, most of it probably in the tragic fire of 1794 that destroyed the old Christiansborg Castle in Copenhagen and with it the court music archives. Except for the recently-discovered Clausholm Fragments, only three specimens of keyboard music from the period remain: Ny kgl. Saml. 1997 fol. (Obmaus Tablature), Gl. kgl. Saonl. 376 fol. (Copenhagen Tablature), and mu 6703.2131/6 (VoigtlaJnder Tablature). It has generally been assumed that the manuscripts were of German origin. The present study, however, demonstrates a probable Danish origin for the third, possible Danish connections for the second, and establishes that the first is of Austrian provenance. The Obmaus Tablature is an amateur's preservation of a German keyboard style already outdated. This slender manuscript, …

Photocopy of a script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

This report discusses the World Trade Organization (WTO) Doha Round of multilateral trade negotiations, begun in November 2001, which has entered its 11th year. The report includes background on Doha and the significance fo the negotiations as well as a breakdown of issues on the Doha agenda and the role of the Congress.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

Photocopy of a script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.

This report provides a brief history of the European Union (EU) and the major challenges confronting the bloc. It also discusses the potential implications for the EU and for U.S.-EU relations.

Handwritten notes and transcriptions of conversations about a book on Denmark and riddles.

Magazine of the United Nations Environment Programme discussing worldwide environmental policies and other concerns. This issue is devoted to the 2009 United Nations Climate Change Conference, know as the Copenhagen Summit, which sought an international agreement on climate change mitigation.