We analyze the long-run impact of emerging-market sovereign bond yields on corporate bond yields, finding that the average pass-through is around one. The pass-through is larger in countries with greater sovereign risks and where sovereign bonds are more liquid. It is also greater for corporate bonds with lower ratings, shorter maturities, and for those issued by financial companies and government-related firms. Our results support theoretical arguments that corporate and sovereign yields are linked together through credit risks and liquidity premiums. Consequently, high sovereign risks may slowdown growth by persistently increasing private sector borrowing costs.
In recent years new or experimental approaches to governance in the EU, namely the Open Method of Coordination (OMC), have attracted great interest and controversy. This book examines the European Employment Strategy (EES) and its implementation through the OMC, exploring the promises and limitations of the EES for EU social law and policy and for the safeguard of social rights. This significant and timely work offers new insights and fresh perspectives into the operation of New Governance and its relationship with both European and national law and constitutionalism. This book will be of great interest to academics, researchers and postgraduate students working in European law – specifically in the field of EU employment law and gender equality – and European governance studies in general.
Artist Raphael Soyer (1899-1987), whose Russian Jewish family settled in Manhattan in 1912, was devoted to painting people in their everyday urban lives. He came to be known especially for his representations of city workers and the down-and-out, and for his portraits of himself and his friends. Although Soyer never identified himself as a "Jewish artist," Samantha Baskind, in the first full-length critical study of the artist, argues that his work was greatly influenced by his ethnicity and by the Jewish American immigrant experience. Baskind examines the painter's art and life in the rich context of religious, cultural, political, and social conditions in the twentieth-century United States. By promoting an understanding of Soyer as a Jewish American artist, she addresses larger questions about the definition and study of modern Jewish art. Whereas previous scholars have defined Jewish art simply as art produced by people who were born Jewish, Baskind stresses the importance of an artist's cultural identity when defining ethnic art. As Baskind explains how Soyer negotiated his Jewish identity in changing ways over his lifetime, she offers new strategies for identifying and interpreting Jewish art in general. Her analysis of Soyer's work places the artist in a necessary context and provides a valuable new approach to the study of modern Jewish art.
Samantha Barbas delineates the life of famed lawyer and political advisor Morris Ernst, an early shaper of the American Civil Liberties Union. Today's fundamental challenges to free speech, expressive rights, and the exercise of political power make Ernst's battles to establish the cultural and legal norms of the twentieth century freshly interesting-particularly his role in framing the right to privacy. Barbas details Ernst's legendary free speech cases but also his manipulative ways and idiosyncratic and troubling political associations. A vital and conflicted man, Ernst was shaped strongly by the intersection of his legal ideas and the driving politics of his time"--
The monograph series Oxford Studies in Medieval Literature and Culture showcases the plurilingual and multicultural quality of medieval literature and actively seeks to promote research that not only focuses on the array of subjects medievalists now pursue in literature, theology, and philosophy, in social, political, jurisprudential, and intellectual history, the history of art, and the history of science but also that combines these subjects productively. It offers innovative studies on topics that may include, but are not limited to, manuscript and book history; languages and literatures of the global Middle Ages; race and the post-colonial; the digital humanities, media and performance; music; medicine; the history of affect and the emotions; the literature and practices of devotion; the theory and history of gender and sexuality, ecocriticism and the environment; theories of aesthetics; medievalism. When Geoffrey Chaucer is named the 'Father of English poetry', an inherent assumption about paternity is transmitted. Chaucer's 'fatherhood' is presented as a means of poetic legitimization, a stable mode of authority that connects the medieval author with all the successive generations of English writers. This book argues, however, that for Chaucer himself, paternity was a far more fraught ambition, one capable of devastating male identity as surely as it could enshrine it. Moving away from anachronistic assumptions about reproduction and authority, this book argues that Chaucer profoundly struggled with his own desire to create something that would last past his own death. For Chaucer also believed that men were the humble, mortal playthings of an all too distant God. Medieval Christianity taught that the earth was but a temporary, sorrowful abode for corrupted men, and that the fall from grace was reborn within each generation of Adam's sons. Chaucer knew that God had set sharp limits upon man's ability to create with certainty, and to determine his own posterity. Yet, what could be more human than the longing to wrest some small authority from one's own mortal flesh? This book argues that this essential intellectual, ethical, and religious crisis lies at the very heart of Chaucer's Canterbury Tales. Within this masterpiece of English literature, Chaucer boldly confronts the impossibility of his own aching wish to see his offspring, biological and poetic, last beyond his own death, to claim the authority simultaneously promised and denied by the very act of creation.
This book examines the problem of theodicy arising from the fall of Jerusalem (587 B.C.E.) in the book of Jeremiah. It explores the ways in which the authors of the book of Jeremiah tried to explain away their God's responsibility while clinging to the idea of divine mastery over human affairs. In order to trace the development of a particular book's understanding of God's role in meting out punishments, this book analyzes all the passages containing the word pivotal, הכעיס (“to provoke to anger”) in Deuteronomistic History and the book of Jeremiah.
From Samantha Seiple, the award winning author of Ghosts in the Fog, comes the first book for young adults to tell the story of Allan Pinkerton, America's first private eye. Lincoln's Spymaster tells the dangerous and action-packed adventures of Allan Pinkerton, America's first private eye and Lincoln's most trusted spymaster.Pinkerton was just a poor immigrant barrel-maker in Illinois when he stumbled across his first case just miles from his home. His reputation grew and people began approaching Pinkerton with their cases, leading him to open the first-of-its-kind private detective agency. Pinkerton assembled a team of undercover agents, and together they caught train robbers, counterfeiters, and other outlaws. Soon these outlaws, including Jesse James, became their nemeses. Danger didn't stop the agency! The team even uncovered and stopped an assassination plot against president-elect Abraham Lincoln! Seeing firsthand the value of Pinkerton's service, Lincoln funded Pinkerton's spy network, a precursor to the Secret Service. Allan Pinkerton is known as the father of modern day espionage, and this is the first book for young adults to tell his story!
Talk with any clinician about what they do, and you will likely hear a story-not about an amazing turn-around or a typical case--but probably about a difficult case, perhaps one in which the clinician questioned the outcome or did not feel very successful. Client failure is a real phenomenon. Unlike medical care where a physician assumes responsibility for treating, and often, curing an illness, addressing mental health concerns is not so cut and dry"--
This book represents a significant and timely contribution to the copious literature of the EU as a global actor providing new insights and fresh perspectives into the promotion of human rights and international labour standards in the EU’s external trade relations, building on and stimulating further – the already well-engaged – scientific dialogue on this area of research. In particular, it provides the basis for developing a new analytical structure for better understanding the role of the EU in promoting human rights and international labour standards in global trade and, in particular, for assessing the extent to which and how normative considerations have influenced the adoption of EU legal instruments and policy decisions. This book will appeal to research scholars, post-graduate students, practitioners and human rights activists.
Carefully elaborating Hobbes' materialist ontology, Samantha Frost challenges both our implicit Cartesian assumptions about the self & the commonplace Hobbes that so readily figures in our political imagination.
We analyze the long-run impact of emerging-market sovereign bond yields on corporate bond yields, finding that the average pass-through is around one. The pass-through is larger in countries with greater sovereign risks and where sovereign bonds are more liquid. It is also greater for corporate bonds with lower ratings, shorter maturities, and for those issued by financial companies and government-related firms. Our results support theoretical arguments that corporate and sovereign yields are linked together through credit risks and liquidity premiums. Consequently, high sovereign risks may slowdown growth by persistently increasing private sector borrowing costs.
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