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Efficiency of the Tokyo Housing Market
Ito, Takatoshi; Hirono, Keiko Nosse - 2021
In analyzing the dynamics of Tokyo housing price, we have compiled annual micro data sets from individual listings in a widely-circulated real estate advertising magazine. A data set compiled from "properties for investment" lists both asking (sales) prices and rents for the same properties....
Persistent link: https://www.econbiz.de/10013222233
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Citywide Effects of High-Occupancy Vehicle Restrictions : Evidence from the Elimination of ‘3-in-1’ in Jakarta
Hanna, Rema - 2017
In cities worldwide, the widespread use of single occupancy cars often leads to traffic congestion and its associated ill effects. Using high frequency data from Google Maps, we test whether high-occupancy vehicle (HOV) policies can be an effective tool to combat congestion. Using the unexpected...
Persistent link: https://www.econbiz.de/10012959373
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Mobility and Congestion in Urban India
Akbar, Prottoy - 2018
We develop a methodology to estimate robust city level vehicular mobility indices, and apply it to 154 Indian cities using 22 million counterfactual trips measured by a web mapping service. There is wide variation in mobility across cities. An exact decomposition shows this variation is driven...
Persistent link: https://www.econbiz.de/10012908474
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Sprawl and Urban Growth
Glaeser, Edward L.; Kahn, Matthew E. - 2021
Cities can be thought of as the absence of physical space between people and firms. As such, they exist to eliminate transportation costs for goods, people and ideas and transportation technologies dictate urban form. In the 21st century, the dominant form of city living is based on the...
Persistent link: https://www.econbiz.de/10013248531
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Adoptive Expectations : Rising Sons in Japanese Family Firms
Mehrotra, Vikas - 2011
postwar Japan than generally realized, and also performing well - an unusual finding for a developed economy. Adopted heirs …
Persistent link: https://www.econbiz.de/10013128613
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Currency and Financial Crises of the 1990s and 2000s
Razin, Assaf - 2011
leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy …
Persistent link: https://www.econbiz.de/10013130560
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The Market Microstructure of Central Bank Intervention
Dominguez, Kathryn M.E. - 2011
One of the great unknowns in international finance is the process by which new information influences exchange rate behavior. This paper focuses on one important source of information to the foreign exchange markets, the intervention operations of the G-3 central banks. Previous studies using...
Persistent link: https://www.econbiz.de/10013132797
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Property Rights and Financial Development : The Legacy of Japanese Colonial Institutions
Yoo, Dongwoo - 2010
this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …
Persistent link: https://www.econbiz.de/10013135762
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Business Fixed Investment and the Recent Business Cycle in Japan
Kiyotaki, Nobuhiro - 2010
To analyze business fixed investment in Japan, which has been unusually volatile in recent years, we develop and apply …
Persistent link: https://www.econbiz.de/10013137602
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The Consumption Response to Seasonal Income : Evidence from Japanese Public Pension Benefits
Stephens, Melvin - 2010
Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the...
Persistent link: https://www.econbiz.de/10013138326