Abstract: This paper investigates whether various components of wealth affect real consumption asymmetrically through a threshold adjustment model. The empirical findings for the U.S. show that only stock market assets, financial assets including stock market assets, and household net assets exert a practical wealth effect on consumption expenditure. By contrast, financial assets excluding stoc...

The 2020 COVID-19 pandemic forced a string of cancelled conferences, causing many organizers to shift meetings online, with mixed success. Seizing the opportunity, group researchers came together rethink how conference experience and collaboration in general can be improved more virtual-centric future.

Tangible assets, many of which can be easily collateralized, support debt. Accordingly, the amount of tangible assets is well-established as a principal driver of leverage. As investing is shifting more and more from tangible to intangible assets, it becomes crucial to understand to what extent intangible assets support debt. Analyzing this question empirically has been largely unfeasible due t...

In this paper I argue that we need to analyze 'religious violence' in the 'post-secular context' in a twofold way: rather than simply viewing it in terms of mere irrationality, senselessness, atavism, or monstrosity - terms which, as we witness today on an immense scale, are strongly endorsed by the contemporary theater of cruelty committed in the name of religion - we also need to understand i...