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Some observers believe the business cycle influences religiosity. This possibility is explored in this paper by empirically examining the relationship between macroeconomic conditions and religious participation by U.S. Protestants. The findings of this paper suggest that there is a strong...
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The Acts of Andrew and Matthias contains in a not evident form a feast cycle, which could represent a liturgical practice of the 4th c. community where the Acts were written. Three days of Andrew’s torments could be linked with Holy Wednesday, Holy Thursday and Good Friday. They are preceded...
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This paper investigates the effects of macroeconomic volatility on non-financial firms' cash holding behavior. Using an augmented cash buffer-stock model, we demonstrate that an increase in macroeconomic volatility will cause the cross-sectional distribution of firms' cash-to-asset ratios to...
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