I derive a lower bound on the equity premium in terms of a volatility index, SVIX, that can be
calculated from index option prices. The bound implies that the equity premium is extremely …

This paper investigates the behavior of asset prices in an endowment economy in which a
representative agent with power utility consumes the dividends of multiple assets. The assets …

We use equity index options to quantify the distribution of consumption growth disasters. The
challenge lies in connecting the risk‐neutral distribution of equity returns implied by options …

We derive a formula for the expected return on a stock in terms of the risk‐neutral variance of
the market and the stock's excess risk‐neutral variance relative to that of the average stock. …

Age-related behavioral declines are common manifestations of aging in animals. Negative
geotaxis, an innate escape response during which flies ascend the wall of a cylinder after …

With more than 900 000 confirmed cases worldwide and nearly 50 000 deaths during the
first 3 months of 2020, the coronavirus disease 2019 (COVID-19) pandemic has emerged as …

This paper suggests that the dominant discourse of lifelong learning is a political rather than
an educational discourse. On this view, lifelong learning enables the deconstruction of …

Objective: We report patient outcomes from esophageal resection with respect to morbidity
and cancer survival comparing open thoracotomy and laparotomy (Open), with a …

Genetic studies have provided valuable insight into the pathological mechanisms underlying
Parkinson's disease (PD). The elucidation of genetic components to what was once largely …

… Martin Ian Martin graduated from Lancaster University with a degree in polymer chemistry
in 1999 and stayed on to study for a PhD under the supervision of Dr Twyman. In 2000 he …