The stress of fire fighting - implications for long term health outcomes

Fire and rescue staff routinely endure significant psychological and environmental stress exposure on the job. While much has been done to improve understanding of the physiological effects of exposure to these conditions, little has been done to quantify the inflammatory stress response that firefighters are exposed to during wildfire suppression. Therefore the aim of the present study was to explore whether firefighters experienced a change in inflammatory markers following one day, and across two days of wildfire suppression tasks. Twelve male fire-fighters participated in two consecutive days of live-fire prescribed burn operations in Ngarkat National Park, South Australia. Typical work tasks included lighting burns, patrolling containment lines, supressing spot fires, and operating vehicles. A number of the inflammatory markers changed significantly across the course of a shift and several presented with an attenuated response across the second day. This finding implies that there was a compounding effect of repeated exposure to these stressors which could have considerable implications for managing fire-fighters health and wellbeing over a multi-day campaign. Further research is required to see which fire ground stressor, or combination of stressors is causing these changes in the inflammatory markers across consecutive work shifts.

Rating downgrade and the price impact of CDS spread on stock return

We investigate the time-varying informativeness of credit default swap (CDS) trading on stock returns for 302 US firms from July 2004 to August 2010. Using the Acharya and Johnson (2007) measure, we find that CDS trading becomes informative for an increasing number of firms as we approach the global financial crisis (GFC). Firm numbers gradually decline post-GFC, but remain high compared to the pre-GFC period. furthermore, CDS trading imposes the largest conditional price impact on firms that are recently downgraded, regardless of rating levels. Interestingly, this holds during and after the GFC, but not before. We offer two implications. First, despite post-GFC outcry against the CDS market, our results suggest it exhibits enhanced price discovery during the GFC. Second, our findings support criticism that, in the lead-up to the GFC, rating agencies are slow in downgrading firms. However, if downgrade decisions made during and after the GFC induce informed trading in the CDS market, this necessarily implies that during the midst of the GFC, rating agencies have got their act together.

Improved fracture toughness of fire resistant composites through rapid curing

A study on the effect of material and fracture properties of phenolic composites cured with reduced thermal cycle times. These reductions were achieved using various techniques. The work highlights significant reductions in manufacturing times are possible for this group of materials and conveniently can also lead to improved properties.

Unwinding the film spool: Hugo, Méliès, and our return to early film

Taking Martin Scorsese's Hugo (2011) as a case study, this article explains that early film is misleadingly framed in terms of a simple non-fiction/fiction binary. The author argues that early non-fiction Lumière film instead gives evidence of choreographed performance just as Méliès' magical works document the satiric and often critical humour of the French Incoherent movement. Rather than dismiss Hugo, however, the author suggests that these themes and critical concerns have been cleverly re-located and absorbed by Martin Scorsese into the choreography, performance and humour of Hugo itself.