… A significant portion of this paper was written while Goldstein and Martin were at The
Ohio State University. We thank Rui Albuquerque, Gurdip Bakshi, Greg Bauer, Dave Brown, …

Background: Pulmonary rehabilitation is recognized as a core component of the management
of individuals with chronic respiratory disease. Since the 2006 American Thoracic Society (…

Functional status measurements are often difficult to interpret because small differences may
be statistically significant but not clinically significant. How much does the Six Minute Walk …

Most structural models of default preclude the firm from altering its capital structure. In practice,
firms adjust outstanding debt levels in response to changes in firm value, thus generating …

Background Respiratory rehabilitation is increasingly recognised as an important part of the
management of patients with chronic obstructive pulmonary disease (COPD). The …

Disability associated with chronic obstructive pulmonary disease has led to the development
of rehabilitation programmes that aim to increase exercise tolerance and improve quality of …

Rationale: Pulmonary rehabilitation (PR) has demonstrated physiological, symptom-reducing,
psychosocial, and health economic benefits for patients with chronic respiratory diseases, …

We study portfolio choice when labor income and dividends are cointegrated. Economically
plausible calibrations suggest young investors should take substantial short positions in the …

The need to measure the impact of treatments on health related quality of life has led to a
rapid increase in the variety of instruments available and in their use as measures of outcome …

Structural models of default calibrated to historical default rates, recovery rates, and Sharpe
ratios typically generate Baa–Aaa credit spreads that are significantly below historical values…