cyclical increases in income may raise mortality, even when the long-run effects of income are in the opposite direction. There … is no evidence that recent increases in inequality raised mortality beyond what it would otherwise have been …

We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model … provides an excellent fit for the mortality and survival curves for both primate and human populations since 1816. The model … mortality gradients across socio-economic statuses, (ii) non-monotonic dynamic effects of in-utero shocks, (iii) persistent or …

perceived default risk, bond prices, and haircuts by maturity …

bonds varies predictably over time. We also find strong evidence that the spread between the nominal and the real bond risk … premium, or the break-even inflation risk premium, also varies over time. We argue that the time variation in real bond risk … the variability in the nominal bond risk premia reflects a changing inflation risk premium. We estimate significant time …

This paper tests several competing models of municipal bond market equilibrium. It analyzes the influence of changes in …

nominal and index-linked bonds. The estimation method takes account of imperfections in the indexation of UK index … follow simple time-series processes whose parameters can be estimated from the cross-section of bond prices. The extracted …

We examine empirically how the maturity structure of government debt affects bond yields and excess returns. Our …

We study the link between the choice of rule-based public contracts and political hazards using the municipal bond … that includes 6,500 bond issuances nationwide as well as election data on over 400 cities over 20 years. We provide … as a revenue bond by 3–15% and the probability of issuing bonds through competitive bids by 7%. We test a few additional …