Distressed marriages enhance risk for health problems; appetite dysregulation is one potential mechanistic pathway. Research suggests that ghrelin and leptin, appetite-relevant hormones connected to shorter and longer-term energy balance, may differentially affect people with a higher versus lower body mass index (BMI). During this double-blind randomized crossover study, both members of a coup...

I define a notion of completitive equilibrium for asset markets where assets are heterogeneous and traders have heterogenoeus information about them. I then apply this notion to a model of distressed sales under asymmetric information and examine whether it can account for fire sales: sharp drops in prices when distressed agents need to sell assets. Standard models of asymmetric information wit...

In theory, enterprise zones target economically distressed areas. In practice, they do not. The dramatic expansion of the Ohio enterprise zone program to non-distressed areas allows us to examine three important theoretical and policy questions about enterprise zone usage and performance when enterprise zones are no longer targeted. First, if the state does not limit which municipalities can ut...

Improving mental wellness with preventive measures can help people at risk of experiencing mental health conditions such as depression or post-traumatic stress disorder. We describe an encouraging study on how automatic analysis of short written texts based on relevant linguistic text features can be used to identify whether the authors of such texts are experiencing distress. Such a computatio...

This paper tests risk and overreaction explanations of the book-to-market equity (BE/ME) premium in returns by focusing on the joint relationship between distress and BE/ME. Within the most distressed firms, the difference in returns between high and low book-to-market securities is more than twice as large as that in non-distressed firms, and is largely driven by extremely low returns on firms...

In the early 1990s, the U.S. Environmental Protection Agency (U.S. EPA) started a grant program to assist communities redevelop brownfields, which are abandoned or underutilized sites that have real or perceived contamination. In addition to determining if the communities receiving the grants were the most distressed cities in the United States, we also evaluate the U.S. EPA program in terms of...

This study documents a subtle and counter-intuitive interaction between operating cash flow (CFO) and accruals, and their association with future stock returns. While the two strategies should by construction capture similar anomalies, we find evidence in two large stock markets that they appear distinct, and that returns to these strategies are strongly negatively correlated. We show that the ...

The study examined whether spouses' attributions for partner behavior are related to their own behavior by assessing their attributions and observing the problem-solving discussions of couples in which (a) neither spouse was depressed or maritally distressed, (b) the wife was depressed and both spouses were maritally distressed, and (c) the wife was not depressed and both spouses were maritally...

Adolescence is a time when depressive symptoms and friendships both intensify. We ask whether friendships change in response to depressive symptoms, whether individual distress is influenced by friends' distress, and whether these processes vary by gender. To answer these questions we use longitudinal Simulation Investigation for Empirical Network Analysis (SIENA) models to study how changes in...

Abstract We examine short term trades in the housing market over period 2000–2013 using nationally representative data across multiple U.S. markets. Such trades, often characterized as “house flipping”, have gained currency recent years with reality television shows depicting success and failure. find evidence of returns excess house price index growth (which we call alpha) during certain time ...