The oil price crash in 2014/15: Was there a (negative) financial bubble?

Was there a bubble in NASDAQ?—Information-based re-examination

There is a little doubt in public mind that the dot-com boom on Nasdaq in the end of the 90s represented a stock market bubble. Indeed, major violations of rationality were observed. For instance, some dot-coms, which terminated their business still held positive market value. Market cap of dot-coms, which were parts of established companies sometimes exceeded market caps of their corporate par...

In the Beginning, Middle, and End There Was a Garden: Bahram Sadeqi’s Malakut

It seems impossible to think of the Persian art without mentioning the significant presence of gardens. They are present in miniature painting, architecture, and literature. One of the modern works of Persian fiction in which gardens play a significant role is Malakut (1961), a novella by the modern Iranian fiction writer Bahram Sadeqi (1936-1984). The story of this novella begins in a “green g...

Technical Appendix to Accompany Was There a Nasdaq Bubble in the Late 1990 s ?

Gram-negative antibiotic resistance: there is a price to pay

Resistance rates are increasing among several problematic Gram-negative pathogens that are often responsible for serious nosocomial infections, including Acinetobacter spp., Pseudomonas aeruginosa, and (because of their production of extended-spectrum beta-lactamase) Enterobacteriaceae. The presence of multiresistant strains of these organisms has been associated with prolonged hospital stays, ...

Oil Price Uncertainty in the Iranian Economy

T he relationship between the price of oil and the level of economic activity is a fundamental empirical issue in macroeconomics. In this research, by using a multivariate GARCH-in-Mean VAR, we try to investigate direct effects of uncertainty of oil price on macroeconomics of Iran by using annually data from 1965 to 2013.Results show that uncertainty about oil prices had a negative a...