We show that shocks to household consumption growth are negatively skewed, persistent, countercyclical, and drive asset prices. We construct a parsimonious model where heterogeneous households have ...recursive preferences. A single state variable drives the conditional cross-sectional moments of household consumption growth. The estimated model fits well the unconditional cross-sectional moments of household consumption growth and the moments of the risk-free rate, equity premium, price-dividend ratio, and aggregate dividend and consumption growth. The model-implied risk-free rate and price-dividend ratio are procyclical, while the market return has countercyclical mean and variance. Finally, household consumption risk explains the cross section of excess returns.
A beautifully crafted memoir of a family coping with their mothers dementia, Song for Rosaleen is both a celebration of Rosaleen Desmonds life and an unflinching account of the practical and ethical ...dilemmas that faced her six children. Told with love, insight, humour and compassion by an award-winning writer, it raises important questions about who we become when our memories fail, how our rapidly ageing population can best be cared for, and what this means for us all. While focussing in on one family, it is useful and applicable to us all.
Fictional Feminism Loudermilk, Kim A
2013, 2004, 20130821, 2013-08-21
eBook
This book focuses on the ways in which second-wave feminism has been represented in American popular culture, and on the effects that these representations have had on feminism as a political ...movement. Kim Loudermilk provides close readings of four best-selling novels and their film adaptations. According to Loudermilk, each of these novels contains explicitly feminist characters and themes, yet each presents a curiously ambivalent picture of feminism; these texts at once take feminism seriously and subtly undercut its most central tenets. This book argues that these texts create a kind of "fictional feminism" that recuperates feminism's radical potential, thereby lessening the threat it presents to the status quo.
Long before colonialism emerged as an imperial project, cultural stereotypes and myths have fed the Western discourse about the Orient. Even during the medieval ages and Renaissance period, the ...discourse about Muslims and Islam was deeply informed of the distorted images, fabricated views, and overgeneralizations rooted in racial and religious prejudices. These myths were popularized through European art and literature to construct a particular narrative later used to legitimize the imperial designs and economic control of the native people. The research views this dehumanization of people and the vicious cycle of psychological trauma as a direct result of colonial enterprises by imperial forces. Using anti-colonial theories and postcolonialism as a framework of the study and building on the works of anticolonial theorists like Fanon, Memmi, and Césaire, the research seeks to investigate how these dehumanized images form the core of imperial designs and how colonialism dehumanizes people, distorts perspectives, engenders alienation and perpetuates a cycle of psychological violence across cultures and regions.
Tayeb Salih’s Season of Migration to the North dramatizes the violence of colonialism and patriarchy and their impact on the African psyche. This article shifts from the prevailing scholarship on ...Mustafa, the main protagonist, to locate hope in what one does, not merely as an abstract concept. The unnamed narrator exemplifies Salih’s vision of a postcolonial subject that recognizes the perils of binary thinking and aspires instead towards an ethic accepting of vulnerability and difference. Invoking Tia DeNora’s conception of hope as “an orientation to action” and “a space for possibility,” I show how the narrator’s embrace of hope is linked to and complicated by the effects of colonialism and patriarchy in his Sudanese village. Overall, the aim of this article is threefold: first, to examine Salih’s critique of female negation and male hegemony; second, to highlight Salih’s rejection of passivity and fatalism–how both undermine individual and collective agency and reinforce female negation in society; and, lastly, to consider Salih’s postcolonial utopianism and privileging of autonomy.
During the colonial period, British colonizers marched to the Third and Fourth World countries to exploit them for the purpose of colonizers’ economical uplifts. Therefore, colonizers internalized ...their own superiority over the inferior colonized countries by devaluing their culture, race, language, and identity in order to pillage the colonized. As the result, many of the colonized individuals migrated to the developed countries to educate there in order to save their motherlands. However, facing with an alien culture and language caused the colonized to have a merged and dual identity. In this regard, Season of Migration to the North, written in 1969 by Tayeb Salih, is the story of an intelligent colonized who sacrifices his own life and identity to take revenge on colonizers by traveling to London and educating there. But, Mustafa Saeed, the intelligent colonized, loses his own identity in this way and finally disappears as the victim of this colonizing strategy’s consequence, merged- or lost-identity. Therefore, in this study, it has been tried to investigate Tayeb Salih’s Season of Migration to the North through Homi K. Bhabha’s theories of “Hybridity” and “Ambivalence” as the causes of merged- and even lost-identity in post-colonial discourse.
This paper seeks to explore the resistance strategies that women characters use in engaging with oppressive systems in their societies in selected African texts. Women's choices in marriage and ...sexuality are often suppressed in public discourses. Women often have to contend with marginalization, exploitation, powerlessness, and forced marriages. This paper examines Alifa Rifaat's collection of short stories, Distant View of a Minaret, and Tayeb Salih's Season of Migration to the North and argues that these writers present women who, faced with difficult situations, register their protest through silence, murder, or resort to a closeted alternate sexuality. These are not merely survival strategies but are also protest making ventures. One major conclusion is the important role writers play in giving voice to these protests. However, it is necessary to indicate that the ephemeral nature of these protest movements in the face of the toxic gender dynamics that prevail in the texts is a testament to the need for more sustained activism and advocacy for equal gender rights.
Celotno besedilo
Dostopno za:
DOBA, IZUM, KILJ, NUK, PILJ, PNG, SAZU, SIK, UILJ, UKNU, UL, UM, UPUK
Since publication of Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That ...consensus emphasized efficient markets, rational expectations and the efficacy of the price system in assuring macroeconomic stability. The 2008–9 recession not only destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations but also revived the credit-cycle or asset-bubble explanations of recession that dominated thinking in the nineteenth century and the first half of the twentieth century. These 'market-disorder' views emphasize excessive risk taking in financial markets and the need for government regulation. The present book argues for the alternative 'monetary-disorder' view of recessions. A review of cyclical instability over the last two centuries places the 2008–9 recession in the monetary-disorder tradition, which focuses on the monetary instability created by central banks rather than on a boom-bust cycle in financial markets.
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