We use a long panel with information on expected and realized changes in household finances to study the process of expectation formation and expectation errors, controlling for individual fixed effects. We find that, following improvements in financial situation, individuals tend to form...

Portugeuse abstract: O objetivo deste trabalho é analisar o efeito moderador da liquidez das ações na relevância da informação contábil. A lógica é analisar se os modelos que medem a qualidade dessas informações financeiras podem ser mais significativos em empresas cujas ações são...

Traditionally, international water resources have been managed by riparian states based essentially on a technical hydraulic approach, addressing navigation concerns, water flows at the border and shared hydraulic structures, besides the definition of political borders. During the 1990s, the...