Short Squeezes and Their Consequences

Warmer climate squeezes aquatic predators out of their preferred habitat.

Ecosystems are mosaics of different habitats, each of which provides its own opportunities and risks to the organisms that inhabit it. The profitability of any habitat depends on a variety of biotic and abiotic variables including the abundance of prey, vulnerability to predators, and physical features such as temperature that modify physiology and behavior. Because biological and physical cond...

Anomic Aspirations of Youth and Their Consequences

Since a decade ago, Iran has been in economic crisis and anomic situation. Peoples’ aspirations and goals are of the factors and mechanisms that transform economic crisis into social problems and deviances. Accordingly, present research studies levels of youth aspirations, particularly economic aspirations, and their consequences. Using a survey method, youth between 25-30 years of age have bee...

Frames and Their Consequences

Takeovers: Their Causes and Consequences

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Fiscal shocks and their consequences

This paper investigates the response of hours worked and real wages to fiscal policy shocks in the U.S. during the post World War II era. We identify these shocks with exogenous changes in military purchases and argue that they lead to a persistent increase in government purchases and tax rates on capital and labor income, and a persistent rise in aggregate hours worked as well as declines in r...