This study offers a novel examination of the mean-reversion properties of the current account balances, expressed as a percentage of GDP, for the Asian-5 economies: Indonesia, Korea, Malaysia, the Philippines, and Thailand. While prior studies mainly employed traditional unit-root tests, our...

This study offers a novel examination of the mean-reversion properties of the current account balances, expressed as a percentage of GDP, for the Asian-5 economies: Indonesia, Korea, Malaysia, the Philippines, and Thailand. While prior studies mainly employed traditional unit-root tests, our...

The unique transparency in law journal submissions invites criticism for both letterhead bias and self-publication bias. Letterhead bias is when editors use information about an author—prior publications, reputation, prestige of affiliated institution, etc.—as a proxy for article quality,...

Imagine a setting in which someone asks two people what the temperature is outside. The first person says it is 80°, while the second person says it is 78.7°. Research regarding precise versus round cognitive anchoring suggests that the second person is more likely to be believed. This is...