Aims: Youth in the US use smokeless tobacco (SLT) and alcohol simultaneously to a high degree. Therefore, we investigate whether US youth consider smokeless tobacco (SLT) and alcohol as economic substitutes or complements using tax and non-tax price measures.Methods: Alcohol and SLT use among...

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...