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Journals and Conferences
Thirty-seven patients with dyspnea, clinical chronic obstructive pulmonary disease and abnormal pulmonary function tests demonstrating an obstructive airways pattern underwent six-foot posteroanterior chest radiography, radionuclide ventriculography and sphygmomanometer-monitored arterial pressure response during a bedside Valsalva maneuver. Patients could… (More)
This is a report of a large selfadministered overdose of temazepam and meprobamate. The administration of flumazenil (Ro 15-1788) led to the partial antagonism of the depressant action of the drugs which was sufficient to avoid the need for invasive respiratory and cardiovascular support.
This paper considers the optimal design of unemployment insurance (UI) within an equilibrium matching framework when wages are determined by strategic bargaining. Unlike the Nash bargaining approach, reducing UI payments with duration is welfare increasing. A co-ordinated policy approach, however, one that chooses job creation subsidies and UI optimally,… (More)
Septicaemia from Yersinia enterocolitica carries a mortality of up to 80%. We report the successful management of a case who required intensive therapy, including inotropic and ventilatory support.
We study bilateral exchange, both direct trade and indirect trade that happens through chains of intermediaries or middlemen. We develop a model of this activity and present applications. This illustrates how, and how many, intermediaries get involved, and how the terms of trade are determined. We show how bargaining with one intermediary depends on… (More)
A credit-card acceptance decision by retailers is embedded into a simple model of precautionary demand for money. The model gives a new explanation for how the use of credit-cards can differ so widely across countries. Retailers’ propensity to accept cards reduces the need for buyers to hold cash as the chance of a stock-out (of cash) is reduced. When… (More)
Competitive search entails both commitment to and advertising of pay-o¤ relevant aspects of market participants. This paper considers incrementally the implications of each in a labor market where both workers and rms invest prior to market entry. A wide range of institutional arrangements are addressed within the same general framework. When the… (More)
An equilibrium model of search and matching is developed to analyze the effects of retraining the unemployed on the market for skilled (or semi-skilled) workers. Versions of the model with free entry of vacancies and ̄xed numbers of jobs are considered. The latter environment exhibits multiple equilibria. While subsidized training (and enforced… (More)
A monetary search model with match specific preferences and traded quantities is analyzed to assess how aggregate output, the price level and the velocity of money are affected by improvements in transaction versus productive technologies. The latter implies a systematic decline in prices and no prediction for monetary velocity, the former is ambiguous with… (More)