In addition to premiums, investment income is one of the two main sources of capital for property-casualty (P/C) insurance companies. This study investigates short-term equity trading behavior of P/C insurers in the United States in 2007 and 2008, and finds that over 27 percent of non-group...

Korea's public employees have made significant contributions to the country's rapid economic growth and social development. In recent years, however, there has been growing concern that the competitiveness of Korea's public employees is lagging behind Korea's private sector employees as well as...

In addition to premiums, investment income is one of the two main sources of capital for property-casualty (P/C) insurance companies. This study investigates short-term equity trading behavior of P/C insurers in the United States in 2007 and 2008, and finds that over 27 percent of non-group...

Using trading data from the Korean equity market, where individual investors are active, we investigate whether there is any difference amongst individual investors, domestic institutional investors and foreign institutional investors in trading responses to analyst reports. We also examine the...

This paper evaluates and compares the government reforms of current Roh government and the previous administration based on 7 success factors of a government reform. The Roh administration is doing a better job than the Kim administration in such areas as preparation for a reform, periodical...

The National Education Information System (NEIS), initiated by the Ministry of Education (MOE) in Korea, is an electronic system that manages diverse administrative and academic affairs of all the nation's schools and students through the Internet. In 2003, NEIS touched off a fierce conflict...

In recent years, mortgage lenders have encouraged borrowers to choose adjustable rate mortgages (ARMs), and regulators have allowed lenders wide latitude in determining mortgage features. Through analysis of survey data, this paper examines borrower characteristics and attitudes related to the...

This paper examines the complex relationship between selling price, listing price, housing features, housing market conditions, and marketing time in a large sample of single-family homes. A key finding is that, for houses of equal quality, marketing time varies with the level of contract...