Manyoo Agarwal Tolga Aksu Hakan Altay Siddhartha Angadi Efstratios Apostolou Dipanjan Banerjee Elie Chammas Francisco J. Cordova Frauke Czepluch Renato De Vecchis Erwan Donal Nicole Ebner Sonja Hochmeister Junichi Ishida Attila Kertész Masaaki Konishi Steffen Kriechbaum Goran Loncar Thomas Marwick Laura Meems Serafim Nanas Michel Noutsias Julio Núñez Line Lisbeth Olesen Ambarish Pandey Hitesh C...

This paper examines how unhedged currency exposure of firms varies with changes in currency flexibility. A sequence of four time-periods with alternating high and low currency volatility in India provides a natural experiment in which changes in currency exposure of a panel of firms is measured, and the moral hazard versus incomplete markets hypotheses tested. We find that firms carried higher ...

We investigated the influence of slight thinning (percentage of woods: 16.6%, basal area: 9.3%) on landscape appreciation and the psychological restorative effect of an on-site setting by exposing respondents to an ordinarily managed coniferous woodland. The experiments were conducted in an experimental plot in the same coniferous woodland in May (unthinned) and October 2013 (thinned). The resp...