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2112011 results in Journals

Page 18 of 105601

  • International reserve accumulation: balancing private inflows with public outflows

  • Bada Han, Dongwook Kim, Youngjin Yun
  • Journal:
    Macroeconomic Dynamics / Volume 30 / 2026
    Published online by Cambridge University Press:
    19 February 2026, e16
    • Article
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  • We explore international reserve accumulation in Emerging Market Economies (EMEs), rationalizing policymakers’ belief that it counteracts the negative effects of capital inflows. Empirical evidence reveals that EMEs accumulate reserves in response to capital inflows driven by global push factors, especially when there are limitations on residents’ investments abroad. We elucidate these findings with a three-period model of a small open economy. In the first period, a large direct investment inflow occurs, prompting an EME to save abroad for consumption smoothing. If frictions hinder private overseas investments, the government can accumulate reserves to supplement insufficient private outflows. The theory highlights the role of reserves in managing capital inflows, as substantiated by our empirical findings.

  • In the Mind's Ear: The Semantic Extensions of Perception Verbs in Australian Languages

  • Nicholas Evans, David Wilkins
  • Journal:
    Language / Volume 76 / Issue 3 / September 2000
    Published online by Cambridge University Press:
    19 February 2026, pp. 546-592

  • This article tests earlier claims about the universality of patterns of polysemy and semantic extension in the domain of perception verbs. Utilizing data from a broad range (approx. 60) of Australian languages, we address two hypothesized universals. The first is Viberg's (1984) proposed unidirectional pattern of extension from higher to lower sensory modalities (i.e. intrafield extensions, like ‘see’ > 'hear'). The second hypothesized universal is that put forward by Sweetser (1990) regarding the extension of perception verbs to cognition readings (i.e. transfield extensions, like 'see' > 'know'). She suggests that vision has primacy as the modality from which verbs of higher intellection, such as 'knowing' and ‘thinking’, are recruited, and proposes that verbs meaning ‘hear’ would not take on these readings, although they often extend to mean ‘understand’ or ‘obey’. Though both hypotheses assign primacy to vision among the senses, the results of our Australian study show that Viberg's proposal remains intact, while Sweetser's is proved false. Australian languages recruit verbs of cognition like ‘think’ and ‘know’ from ‘hear’, but not from ‘see’. It appears that, at least as far as perception verbs are concerned, transfield semantic changes are subject to greater cultural variability than intrafield semantic changes. We argue that the same semantic domain can have its universal and its relativistic side, a foot in nature and a foot in culture, and conclude by demonstrating that there are good social and cultural reasons driving the extension of ‘hearing’, but not ‘seeing’, to ‘know’ and ‘think’ in Australian Aboriginal societies.

    Milyilyi-lu kulirninpa, langa kulirninpa-lu brain-erg hear/think, ear hear-at him/her ‘Our brain thinks/hears, our ears think/hear’ Kukatja, from Peile 1997

Page 18 of 105601