The main objectives of this evaluation are to: Provide relevant external cooperation services of the EC and the wider public with an overall independent and accountable assessment of the Commission’s past and current cooperation relations with Uganda during the period 2001-2007; and Identify key...

This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...