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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
[Photograph 2012.201.B0271.0259]
Photograph used for a story in the Daily Oklahoman newspaper. Caption: "HOLIDAY VISITORS in the city are Capt. and Mrs. Richard L. Hunt and their children, Steven 2 1/2 and Shery Hunt, 5."
Date:
December 20, 1957
Creator:
Miller, Joe
Object Type:
Photograph
System:
The Gateway to Oklahoma History
Great Britain, the Council of Foreign Ministers, and the Origins of the Cold War, 1947
Scholars assert that the Cold War began at one of several different points. Material recently available at the National Archives yields a view different from those already presented. From these records, and material from the Foreign Relations Series, Parliamentary Debates, and United States Government documents, a new picture emerges. This study focuses on the British occupation of Germany and on the Council of Foreign Ministers' Moscow Conference of 1947. The failure of this conference preceded the adoption of the Marshall Plan and a stronger Western policy toward the Soviet Union. Thus, the Moscow Conference emphasized the disintegrating relations between East and West which resulted in the Cold War.
Date:
December 1988
Creator:
Kronwall, Mary Elizabeth
Object Type:
Thesis or Dissertation
System:
The UNT Digital Library
[News Script: International news bulletins]
Script from the WBAP-TV/NBC station in Fort Worth, Texas, relating a news story.
Date:
December 29, 1969, 6:30 a.m.
Creator:
WBAP-TV (Television station : Fort Worth, Tex.)
Object Type:
Script
System:
The UNT Digital Library
World Trade Organization Negotiations: The Doha Development Agenda
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.
Date:
December 12, 2011
Creator:
Fergusson, Ian F.
Object Type:
Report
System:
The UNT Digital Library
Newsmap. Monday, December 6, 1943 : week of November 25 to December 2, 221st week of the war, 103rd week of U.S. participation
Text describes action on various war fronts: Italy, USSR, Germany, Central Pacific, Southwest Pacific, China, Plans. Inset maps: central Italy, northeast New Guinea, Action areas in central and southwest Pacific, Truk Is., Nauru, Wotje, Jaluit, Makin, Tarawa. Photographs: Australian Air Force Beaufighter, Sgt. Ben Kuroki of Hershey, Nebraska, Captured Soviet equipment, Rescued blindfolded Nazi. German built road in Isernia. Back: Text and 11 illustrations highlight the 11 general orders that must be known by sentinels.
Date:
December 6, 1943
Creator:
[United States.] Army Orientation Course.
Object Type:
Poster
System:
The UNT Digital Library
Newsmap. Monday, December 13, 1943 : week of December 2 to December 9, 222nd week of the war, 104th week of U.S. participation
Front: Text describes action on various war fronts: Italy, U.S.S.R., air offensive, Marshal Is[lands], southwest Pacific, [Teheran] conference. Map shows Nazi-dominated areas of Europe. Photographs: Marshal Stalin, President Roosevelt, and Prime Minister Churchill at Teheran conference (4 photographs); The Air Offensive - 8th Air Force bombes en route - Target Bremen. Back: A sign of comradeship... Includes illustration and "Li'l Abner" cartoons.
Date:
December 13, 1943
Creator:
[United States.] Army Orientation Course.
Object Type:
Poster
System:
The UNT Digital Library
[Letter from Ludwig Huth to Ferdinand Louis Huth, December 26, 1843]
Letter from [Ludwig Huth] to [Ferdinand] Louis [Huth] regarding business and colonization matters. He instructs Louis to make sure to purchase long staple cotton and informs him that a third expedition will take place, provided the weather is good. Short note at end by August [Huth].
Date:
December 26, 1843
Creator:
Huth, Ludwig
Object Type:
Letter
System:
The Portal to Texas History
[Letter from Ludwig Huth to Ferdinand Louis Huth, December 18, 1844]
Letter from [Ludwig Huth] to [Ferdinand] Louis [Huth] expressing the sacrifice he had to make in order to get the expedition of 200 colonists off. His health suffered greatly because of the stress. He also discusses several individuals who took advantage of colonists by tricking them into paying them their passage money. Includes a list of items sent on the last boat: sickles, harness, string, wine vinegar, etc. Unsigned. Dated December 18, 1844 in Neufreystaedt.
Date:
December 18, 1844
Creator:
Huth, Ludwig
Object Type:
Letter
System:
The Portal to Texas History
[Balance sheet showing financial transactions relating to Henri Castro, 1845-1846]
Balance sheet showing financial transactions relating to [Henri] Castro.
Date:
1846-12-31?
Creator:
Huth, Louis
Object Type:
Text
System:
The Portal to Texas History
[Balance sheet showing financial transactions relating to Henri Castro, December 31, 1846]
Balance sheet showing financial transactions relating to [Henri Castro].
Date:
December 31, 1846
Creator:
Huth, Louis
Object Type:
Text
System:
The Portal to Texas History
[Currency from Germany in the denomination of 20 heller]
Currency from Germany in the denomination of 20 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Bank note from Germany in the denomination of 10 heller]
A bank note from Germany in the denomination of 10 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 20 heller]
A voucher from Germany in the denomination of 20 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Currency from Germany in the denomination of 30 heller]
Currency from Germany in the denomination of 30 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 10 heller]
A voucher from Germany in the denomination of 10 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 50 heller]
A voucher from Germany in the denomination of 50 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Currency from Germany in the denomination of 50 heller]
Currency from Germany in the denomination of 50 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 20 heller]
A voucher from Germany in the denomination of 20 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Currency from Germany in the denomination of 50 heller]
Currency from Germany in the denomination of 50 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 10 heller]
A voucher from Germany in the denomination of 10 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 50 heller]
A voucher from Germany in the denomination of 50 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 20 heller]
A voucher from Germany in the denomination of 20 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History
[Voucher from Germany in the denomination of 50 heller]
A voucher from Germany in the denomination of 50 heller. The front and back of the document are combined into a single image.
Date:
December 31, 1920
Creator:
unknown
Object Type:
Physical Object
System:
The Portal to Texas History