This study deals with the seasonality of monthly time series of nominal exchange rates. Available literature overlooks seasonality in nominal bilateral exchange rates, and generally assumes that such rates are non-seasonal. We show that seasonality is absent in recent data, while it was present...

We study the relationship between artist and art dealer, interpreting them as the members of a marketing channel, as defined by the industrial organization and marketing science literature. The results for both parties depend on the individual efforts of each of them. Uncoordinated efforts lead...