Overshooting in the foreign exchange market: Evidence from the 1970s

This paper analyzes the reaction of spot and forward exchange rates to unanticipated weekly money supply changes. The empirical results tend to support the (overshooting) hypothesis that equilibrium exchange-rate changes that occur in the short run in response to an unanticipated event exceed the equilibrium exchange-rate change in the long rung.     

A detailed method for estimating mixture flammability limits using chemical equilibrium

This paper presents a general method for the estimation of flammability envelopes for chemical mixtures based on chemical equilibrium. The impact of mixture initial temperature, the presence of diluents and elevated system pressures are implicitly accounted for. The performance of this method is tested against much of the experimental data reported in the literature for systems containing a wide range of chemicals from CHNO compounds to compounds containing sulfur, phosphorus, silicon and halogens. This method presents a very useful and accurate approach for assessing the flammability envelopes of mixtures where no experimental data is available, and to guide experimental flammability testing work.