This paper investigates the potential economic effect of "Indo-Pacific" regional economic cooperation and compares with the extended CPTPP. The Computable General Equilibrium (CGE) results show that the quadrilateral alliance between the United States, Japan, Australia, and India shows although...

In this paper, we extend the traditional CAPM theory by introducing a new concept of risk-reward measurement based on view bias adjustment under imperfect information. Within that general framework, people might only know the possible results of an uncertainty, they do not know the exact...

Many stocks are subject to some kinds of resale restrictions in the financial markets. In this paper, we introduce the short sale constraints into a three asset consumption-portfolio choice model and propose the Utility Indifference Discount (UID) to measure the discount of the restricted...

This paper investigates the potential economic effect of "Indo-Pacific" regional economic cooperation and compares with the extended CPTPP. The Computable General Equilibrium (CGE) results show that the quadrilateral alliance between the United States, Japan, Australia, and India shows although...

The Korea Institute for International Economic Policy (KIEP) was founded in 1989 as a government-funded economic research institute. It is a leading institute focusing on international regional studies with strong cooperative relationship with the world's leading research institutes. The Center...

'The Studies in Comprehensive Regional Strategies Collected Papers (International Edition)' contains seven comprehensive and in-depth research papers for better understanding about emerging economies such as Africa, India-South Asia, Latin America, Middle East, Northeast Asia, Russia-Eurasia,...