New Keynesian models with unemployment and incomplete markets are rapidly becoming a new workhorse model in macroeconomics. Such models typically require heavy computational methods which may obscure intuition and overlook equilibria. We present a tractable version which can be characterized analytically. Our results highlight that –due the interaction between incomplete markets, sticky prices ...

A fetus with lobar holoprosencephaly and lumbosacral meningomyelocele associated with duplication of the short arm of chromosome 3 is reported. The anomalies were detected on fetal ultrasound at 20 weeks' gestation and the autopsy findings correlated well with the prenatal findings. The fetal karyotype was 46,XY,der(3)del(3)(p26) dup(3)(p26p21.3). The association of holoprosencephaly with dupli...

Somatosensory evoked potentials (SEPs) to median nerve stimulation were recorded in controls and in patients with focal lesions in dorsolateral prefrontal cortex (PFCx). Unilateral PFCx lesions increased the amplitude of the P26 component generated in postcentral areas 1 and 2. The amplitudes of the N28, P45 and N67 SEP components recorded over post-rolandic and frontal electrodes were also enh...

A dictator issues an order, but the order is not carried out. The dictator does not know whether the order failed because the agent behaved opportunistically, or because his order contained some mistake. Imperfect information creates his dilemma: whether to punish the agent, or assist her or both. This paper models the dictator’s intervention when an order fails. The analysis links the dictator...

The miniature swine (Sus scrofa) is a desirable model for certain electrophysiological studies because of its large brain, ready availability and low cost. We report our findings regarding the location of the auditory and somatosensory cortices obtained by cortical surface evoked potential mapping. Data were collected from 11 animals under general endotracheal anesthesia. Consistent positive po...

There are errors in the Funding section. The complete, correct Funding Statement is as follows: This study was supported by the Czech Ministry of Health, NS10336-3/2009, http://iga.mzcr. cz/publicWeb/, MH; Czech Ministry of Health, NT11190-6/2010, http://iga.mzcr.cz/ publicWeb/, HB; Czech Ministry of Health, NT12282-5/2011,http://iga.mzcr.cz/publicWeb/, RJ; Czech Ministry of Health, NT14181-3/2...

This paper uses a large panel data set to examine the relation between elections and fiscal policy. We find evidence of political budget cycles in both developed and developing countries: government spending increases before elections while revenues fall, leading to a larger deficit in election years. We demonstrate that political budget cycles are much larger in developing countries than in de...

We study the relationship between the political connections of Chinese firms and workplace fatalities. The worker death rate for connected companies is five times that of unconnected firms; this result also holds when we exploit executive turnover to generate within-firm estimates. The connections-mortality relationship is attenuated in provinces where officials’ promotion is contingent on meet...