In a collateralized debt contract, when the harvest is sufficient the borrower pays a fixed, non- contingent amount of the harvest (the payment good) and none of

Enzymes are powerful surrogates of gravity exceeding the concentrating effects of the cytosol by bringing molecular species into proximity in a highly specific relationship

Student debt is a convenient target in a presidential election year, but it obscures the true crisis: high dropout rates from low-quality postsecondary institutions and

The latter include OPINC, the ratio of after-tax earnings plus interest paid to the market value of assets; CASH, the ratio of cash and receivables to the market value of

We find that the required fiscal adjustment to achieve fiscal sustainability after a devaluation increases with the size of the devaluation, the length of the adjustment period,

able to consider only the inductive force of four very evident general phenomena: that there is a physical Universe; that it is governed by very simple natural laws; that those

the 1990s that trickle of scholarship had become a steady stream on a wide range of topics, with renewed interest in Just War Theory and its application to the War on

Next I have proved that, if positive free logic is in the background, any argument with an existential sentence as conclusion has at least one premise that is itself an

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While it is possible that when the debt-to-GDP ratio exceeds 90 percent countries enter a state of distress that leads to a substantial reduction in growth, it is equally

3, table 1) may help explain one of the puzzles of the 1970s: the fact that despite such adverse developments as a rise in the adult male unemployment rate, increased relative

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By Article 6 (a) of the London Charter establishing the Tribunal, among the crimes against peace over which the Tribunal is granted jurisdiction is "planning, initiation

Hence, equation (15) demonstrates that the balanced growth rate is the higher, the smaller public deficits and public debt are. The highest balanced growth rate is obtained for

On the empirical side, using data on a sample of 40 countries (grouped into advanced and developing) over the 1965-2010 period, we …nd no evidence for a universally applicable

We now propose two aggregate shocks that might explain the behavior of the money market rate the large increase in volumes at the deposit and borrowing facilities of the ECB after

Second, with restrictions on the central bank’s ability to extract tax revenue, the optimal policy necessitates setting the deposit rate strictly below the target rate, which involves