Problems often arise when partners in regional integration agreements (RIA) have divergent exchange rate policies, as has happened in recent years with the Southern Cone Common Market (Mercosur). The January 1999 devaluation of the Brazilian real strained the relationship between Argentina and Brazil, setting off a series of events that included protectionist measures in Argentina, Argentine bu...

BACKGROUND Few longitudinal studies describe the relationship between somatic symptoms and family disagreements. We examined changes over time in somatic symptoms, family disagreements, their interrelationships, and whether these patterns differed between individuals treated for depression (depression group) and individuals from the same community (community group). METHODS We followed partic...

Belief disagreements have been suggested as a major contributing factor to the recent subprime mortgage crisis. This paper theoretically evaluates this hypothesis. I assume that optimists have limited wealth and take on leverage in order to take positions in line with their beliefs. To have a signi…cant e¤ect on asset prices, they need to borrow from traders with pessimistic beliefs using loans...