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In a setting that focuses on efficient dynamic hours-workers substitution we show that contingent worksharing contributes to workers retention during bad business spells and to sustained hiring during good spells. As a consequence, average employment increases on both accounts.
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After the crisis, bank regulators are considering mitigating liquidity risk by introducing quantity limits on liquidity and maturity mismatch. We argue that aggregate liquidity risk can be reduced with little deadweight loss by encouraging banks, through adequate regulatory relief, to satisfy part of their financing needs with a new class of securities.
Sergio Nicoletti-Altimari +1 more
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Contingency Planning: Preparation of Contingency Plans
Zoonoses and Public Health, 2008SummaryOutbreaks of infectious animal diseases such as foot‐and‐mouth disease, classical swine fever, Newcastle disease and avian influenza may have a devastating impact, not only on the livestock sector and the rural community in the directly affected areas, but also beyond agriculture and nation wide.
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Contingent with quality or quality contingent?
Teaching Theology & Religion, 2019AbstractThe world of the modern academy relies heavily upon contingent faculty in the teaching and training of students. Theological studies readily evidences this practice in innumerable ways. While the contingent faculty member is intrinsic to the mission of many modern schools, this piece ponders whether or not a trade‐off exists in the quality of ...
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Contingency in the Cosmos and the Contingency of the Cosmos
Philosophy, Theology and the Sciences, 2015Contingency in reality may be epistemic, due to incomplete knowledge or the intersection of unrelated causal trajectories. In quantum physics, it appears to be ontological. More fundamental and interesting is the limit-question ‘why is there something rather than nothing,’ pointing out the contingency of existence.
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