I propose a framework for the assessment of current business conditions using a factor-augmented autoregressive probit model where the dependent variable is the state of the economy as defined by the NBER. Results show that latent common factors estimated by principal components analysis from a large number of macroeconomic series have important predictive power for NBER recession dates. The mo...

This study evaluates the long-term cost of unemployment in Finland by focusing on the deep recession period of the early 1990s. The number of plant closures increased sharply during the recession and the unemployment rate rose over 13 percentage points. In the analysis, prime working age men who face unemployment due to plant closure are matched on those who remained employed during the recessi...

The Great Recession led to large increases in unemployment rates and unemployment durations for workers of all ages, but durations rose far more for older workers than for younger workers. This difference was apparent both during and after the recession, fueling speculation that age discrimination played a role. Research indicates that in states with stronger age discrimination protections, old...

We introduce simple tools from geometric convexity to analyze capturetype (or “Lion and Man”) pursuit problems in unbounded domains. The main result is a necessary and sufficient condition for eventual capture in equal-speed discrete-time multi-pursuer capture games on convex Euclidean domains of arbitrary dimension and shape. This condition is presented in terms of recession sets in unit tange...

This study examines the differential effects of the unemployment rate at labor market entry, defined as the time of leaving school, on subsequent wages across gender and race using the National Longitudinal Survey of Youth 79. Results suggest that the negative effect of a recession at entry on wages is weaker for women. The differences between blacks and whites are not statistically significant...

introduction: the purpose of this report was to present a successful treatment approach in an unusual gingival recession as a result of finger sucking traumatic habit associated with high labial frenum. case report: a 10-year-old girl presented moderate pain, recession in the mandibular right incisor and finger sucking habit. the performed treatment was: oral hygiene instruction, use of palatal...

purpose : the aim of this study is to evaluate the effectiveness of intraoperative botulinum toxin-a (bta) injection as an adjunct to the surgical treatment of large-angle esotropia or exotropia. methods : thirteen patients were included in this interventional case series study. mean age of the patients was 23.31±13.29 years (range: 5-43 years). of these 13 patients, 6 were exotropic and 7 were...