Showing 1 - 10 of 253
profit of larger firms. We explain these findings by connecting to the theory of optimal auction design …
Persistent link: https://www.econbiz.de/10013128845
This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets...
Persistent link: https://www.econbiz.de/10012755273
In analyzing the dynamics of Tokyo housing price, we have compiled annual micro data sets from individual listings in a … regressions give estimates of price and rent increases in the last 11 years in Tokyo. According to these estimates, prices …
Persistent link: https://www.econbiz.de/10013222233
trading restrictions in the interbank foreign exchange (FX) market for Japanese banks during the Tokyo lunch period. Ito … of the Tokyo lunch period. Moreover, we document that the standard variance-ratio methodology inference in this high …
Persistent link: https://www.econbiz.de/10012763589
this view. The evidence comes from the introduction of trading in Tokyo over the lunch-hour. Lunch return variance doubles … private value is transitory. Finally, the morning exhibits a clear U-shape when Tokyo closes over lunch, and it disappears …
Persistent link: https://www.econbiz.de/10012763663
paper analyzes new plot-level data in the aftermath of the Great Boston Fire of 1872, estimating substantial economic gains …
Persistent link: https://www.econbiz.de/10013224997
The practice of burning agricultural waste is ubiquitous around the world, yet the external human capital costs from those fires have been underexplored. Using data from the National College Entrance Examination (NCEE) and agricultural fires detected by high-resolution satellites in China during...
Persistent link: https://www.econbiz.de/10012863692
fire risk and decreases surprisingly steeply with development density. A simple model is used to explore effects on …
Persistent link: https://www.econbiz.de/10012857812
Smoke from massive wildfires blanketed Indonesia in late 1997. This paper examines the impact this air pollution (particulate matter) had on fetal, infant, and child mortality. Exploiting the sharp timing and spatial patterns of the pollution and inferring deaths from quot;missing childrenquot;...
Persistent link: https://www.econbiz.de/10012753594
, their consequences, and how risk from fire might be mitigated. Here we bring together data on the changing risk and societal … US, a number increasing by 1 million houses every 3 years. Using a statistical model that links satellite-based fire and …
Persistent link: https://www.econbiz.de/10013312504