Correlates of marital satisfaction in a Manitoba low income sample

Marital satisfaction in a low-income sample in the province of Manitoba in Canada was investigated in this study. The sample consisted of 505 couples who took part in Manitoba's low-income experiment in 1974. Using a single measure of marital satisfaction, both husbands and wives reported high satisfaction. Using multiple regression analysis to examine correlates of marital satisfaction, it was found that the best predictors for couples were companionship, money management and husband's occupation. The best predictors for wives' marital satisfaction were companionship and husband's occupation, and the best predictors for husbands' marital satisfaction were companionship and money management.     

Treasury Safety,Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses

Treasury securities enjoy a “money premium” because they are ultra-safe and liquid. However, during debt limit impasses, the safety and liquidity of Treasury securities temporarily deteriorate, eroding the money premium. Using past impasses, we find the money premium eroded by roughly six basis points across all Treasury securities and up to 50 basis points for the shortest maturities at the greatest risk of a delayed principal payment. Safety and liquidity each accounted for about half of the erosion. The deterioration of safety and liquidity also appears to interact, consistent with theories of default-driven liquidity risk and the information sensitivity of debt.