What is an ANZAC? An American Response to Australian Warriors

Rarely, in the annals of historical memory does one find a story as compelling and depressing as the narrative of the ANZACs. Never have men fought so bravely and ultimately so futilely to protect a land they only knew from history and geography books. With a deep sense of responsibility and youthful nationalism, these Australians and New Zealanders volunteered for service to the British Crown. Few knew their actions and the actions of their comrades and enemies would result in the war to end all wars, World War I. Few Australians knew their engagements would be covered in many of the major newspapers of the day. The New York Times was one of these papers. Through their coverage of Australian maneuvers, American’s were, for the first time, exposed to Australia and its people

Vulnerability to future dependence among former AFDC mothers

This study analyzes short-run AFDC recidivism among mother- only families. Findings suggest that a sizable minority of former AFDC recipients return to AFDC rapidly. Those most likely to return to AFDC are those switching jobs, those moving to publichousing, those adding children, and those not getting regular child support payments. The results also suggest that wages are better predictors of staying off AFDC than are alternative measures of success in the labor market.

The Effects of Securities Class Action Litigation on Corporate Liquidity and Investment Policy

The risk of securities class action litigation alters corporate savings and investment policy. Firms with greater exposure to securities litigation hold significantly more cash in anticipation of future settlements and other related costs. The result is due to firms accumulating cash in anticipation of lawsuits and not a consequence of plaintiffs targeting firms with high cash levels. The market value of cash is significantly lower for firms exposed to litigation risk. Corporate investment decisions are also affected by litigation risk, as firms reduce capital expenditures in response. Our results are robust to endogeneity concerns and possible spurious temporal effects

Linking Cellular Mechanisms to Behavior: Entorhinal Persistent Spiking and Membrane Potential Oscillations May Underlie Path Integration, Grid Cell Firing, and Episodic Memory

The entorhinal cortex plays an important role in spatial memory and episodic memory functions. These functions may result from cellular mechanisms for integration of the afferent input to entorhinal cortex. This article reviews physiological data on persistent spiking and membrane potential oscillations in entorhinal cortex then presents models showing how both these cellular mechanisms could contribute to properties observed during unit recording, including grid cell firing, and how they could underlie behavioural functions including path integration. The interaction of oscillations and persistent firing could contribute to encoding and retrieval of trajectories through space and time as a mechanism relevant to episodic memory.Silvio O. Conte Center (NIMH MH71702, MH60450); National Institute of Mental Health Research (MH60013, MH61492); National Science Foundation (SLC SBE 0354378); National Institute of Drug Abuse (DA16454)