We develop a theoretical model of government intervention in which with private information trades strategically other market participants to achieve its policy goal stabilizing asset prices. When the has precise and prioritizes goal, both informed insider engage reversed trading strategies, but they trade against each other. Government can improve liquidity price efficiency, effectiveness depe...

regulation is a modern concept which has emerged out of and evolved in the context of economic development in general and the relationship between market and government in particular. it signifies a different meaning with the past. even nowadays we are faced with various meanings of regulation within the economic legal systems; meanings that have moved away from its early definition, and hence,...

Since 1984 Iranian banks has been operating under Islamic principles. This paper investigates dynamics of loans and the difficulties that Iranian banking system was facing. During the period of Islamic banking in Iran, banks experienced a significant increase in the supply of loans. Many factors have affected the behavior of banks in lending operations, the most important of which include rate ...

Many policy proposals call for government intervention to be based on the information in market prices of firm securities. Most of these proposals ignore the fact that market prices are endogenous to government intervention. In particular, when the government takes a corrective action based on price, the price might become less informative. We review a few channels by which this may occur, and ...

Government policy (Department of Health 2009) recommends early diagnosis, intervention, support and care for people with dementia and their carers. The National Institute for Health and Clinical Excellence (2006) emphasises the need for a non-pharmacological, structured, group cognitive stimulation intervention for people with mild to moderate dementia. Cognitive stimulation therapy (CST) is on...

The September 11th terrorist attacks had a dramatic impact on the mental health of millions of Americans. The impact was particularly severe in New York City and surrounding areas within commuting distance of the World Trade Center. With support from the federal government, state and local mental health authorities rapidly mounted a large-scale public health intervention aimed at ameliorating t...