BORROWING CONSTRAINTS AND THE MARGINAL PROPENSITY TO CONSUME

Borrowing Constraints and the Marginal Propensity to Consume

Available evidence suggests that the average marginal propensity to consume (MPC) from the 2001 tax rebate in the US was not nearly as large as that from previous tax cuts.We examine if this phenomenon can be explained by the fact that the widespread use of credit cards has made borrowing accessible for most US households by constructing a model th

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The effects of protective lung ventilation on regional cerebral oxygen saturation in intracranial tumor operation during dura opening: study protocol for a randomized controlled trial

Abstract Objective The objective of this trial is to investigate the effects of protective lung ventilation on regional cerebral oxygen saturation (rSO2) during dura opening, that is from Ta (after dura opening) to Tb (before dura closing), in patients undergoing intracranial tumor surgery.Methods This is a randomized controlled trial which will be

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The evolution of democratic peace in animal societies

Abstract A major goal in evolutionary biology is to elucidate common principles that drive human and other animal societies to adopt either a warlike or peaceful nature.One proposed explanation for the variation in aggression between human societies is the democratic peace hypothesis.According to this theory, autocracies are more warlike than democ

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Multirotor Drone Aerodynamic Interaction Investigation

Aerodynamic interactions between rotors are important factors affecting the performance of in-plane multirotor Unmanned Air Vehicles (UAVs) or drones, which are the majority of small size UAVs (or mini-drones).Optimal design requires knowledge of the flow features.The low Reynolds number of many UAV rotors raises the question of how these features

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