The October 14, 2008 TARP program mandated a forced issuance of TARP preferred stock by the largest U.S. banks. Soon after, many smaller banks were not forced but chose to issue TARP preferred stock after being approved for issuance. We investigate the impact of TARP preferred issuance upon...

The existing literature on U.S. monetary policy provides no sense of a consensus regarding the existence of a monetary policy regime. This article explores the evolution of U.S. monetary policy regimes via the development of a Markov-switching model predicated on narrative and statistical...

Forest fires have adverse ecological, economic, and social impacts. In this light, the present research aimed, first, to construct a fire risk model using a GIS-based multi-criteria analysis and second, to derive a forest fire risk modeling strategy that alleviates the problem of inconsistency...