We examine the determinants of underwriter spreads on straight/fixed rate Eurobonds issued by U.S. firms between 1990 …

This paper provides a comprehensive picture of mental health services in England, includingstaffing and expenditure …

-income families, looking specifically at the effects on poverty, family expenditures, and child health and development. The paper …, although the reduction in child poverty in the US has been less, and some families appear to have been left behind. Expenditure …

This paper presents new empirical evidence on the cyclical behavior of US unemployment that poses a challenge to … standard search and matching models. The correlation between cyclical unemployment and the cyclical component of labor … the unemployment-productivity correlation in the mid-80s. …

Shimer (2005a) claims that the Mortensen-Pissarides search model of unemployment lacks an ampiflication mechanism … because it cannot generate the observed business cycle fluctuations in unemployment given labor productivity shocks of … correctly identify the shocks driving unemployment. Using a New- Keynesian framework with search unemployment, this paper …

inflation tax (the reduction in the real value of the stock of base money due to inflation and (4) the operating profits of the … doing this can we appreciate the financial constraints on the Central Bank’s ability to pursue and achieve an inflation …

aggregates. The data show that periods of increased inflation uncertainty are associated with substantial reductions in total …

This paper presents a political economy model of inflation as a result of social conflict. Agents are heterogeneous in … terms of income. Agents’ income levels determine their ability to hedge against the effects of inflation. The interaction of … heterogeneous cash holdings and preferences over fiscal policy leads to conflict over how to finance government expenditure. The …

dynamics of inflation implied by macroeconomic data, the model needs to assume an average duration of price contracts which is …

inflation is low. Despite the substantial numbers of individuals whose nominal wages fall from one year to the next, we find … that if long-run inflation is one percent higher, the number of individuals with negative real pay growth increases by …