We study the relationship between domestic-demand shocks and exports using data for Spanish manufacturing firms in 2002–2013. Exploiting plausibly exogenous geographical variation caused by Great Recession, we find that whose domestic sales declined more experienced a larger increase export flows, controlling firms’ supply determinants. This result illustrates capacity of markets to counteract ...

ing children to decode (that is, turn print into speech sounds), it’s disheartening that we still have not overcome the “fourth-grade slump” in reading comprehension. We’re finding that even though the vast majority of our youngest readers can manage simple texts, many students—particularly those from low-income families—struggle when it comes time in grade four to tackle more advanced academic...

Abstract The whole process of concrete slump experiment was simulated with Particle Flow Code 3 Dimensions (PFC3D) software based on discrete element simulation. simulation results are in good agreement the macroscopic obtained from field experiments, indicating that use PFC for had feasibility have a observation speed and direction particles slump.

In this research, 210 concrete cube specimens (15cm) were made replacing 0, 5, 10, 15, 20, 25, 30, 35, 40, 50, and 60 percent of slag powder from Isfahan Steel Mill for cement. The control specimens were made with 350 kg/m3 cement content and the water cement ratio in all specimens was 0.51. The Slump value and compressive strength of concrete specimens in 7, 28 and 90 days were obtained and th...

How should fiscal policy be conducted in the presence of default risk? We address this question using a sovereign default model with nominal rigidities. An increase in government spending during a recession stimulates economic activity and reduces unemployment. Because the government lacks commitment to future debt repayments, expansionary fiscal policy increases sovereign spreads, making the f...