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Aged-Care Support in Japan : Perspectives and Challenges

Mitchell, Olivia S. - 2004

This study explores economic aspects of the market for long term care (LTC) with a special focus on Japan. First, we …

Persistent link: https://www.econbiz.de/10012467805

The Cost of Fuel Economy in the Indian Passenger Vehicle Market

Chugh, Randy - 2011

To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …

Persistent link: https://www.econbiz.de/10012461670

The Aftermath of the 1992 ERM Breakup : Was There a Macroeconomic Free Lunch?

Gordon, Robert J. - 1999

This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...

Persistent link: https://www.econbiz.de/10012471843

Debt and Equity Yields : 1926-80

Hendershott, Patric H. - 1983

-Cohn valuation-error hypothesis, the measurement of Merton's "excess return on the market", the relationship between real new …

Persistent link: https://www.econbiz.de/10012477959

Non-Monetary News in Central Bank Communication

Cieslak, Anna - 2018

We quantify the importance of non-monetary news in central bank communication. Using evidence from four major central banks and a comprehensive classification of events, we decompose news conveyed by central banks into news about monetary policy, economic growth, and separately, shocks to risk...

Persistent link: https://www.econbiz.de/10012480685

COVID-19 and SME Failures

Gourinchas, Pierre-Olivier - 2020

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...

Persistent link: https://www.econbiz.de/10012481180

The Variance Risk Premium in Equilibrium Models

Bekaert, Geert - 2020

the risk-neutral entropy and variance of the aggregate market return, refute the bulk of the extant consumption …

Persistent link: https://www.econbiz.de/10012481691

Stochastic Growth in the United States and Euro Area

Ireland, Peter N. - 2011

This paper estimates, using data from the United States and Euro Area, a two-country stochastic growth model in which …

Persistent link: https://www.econbiz.de/10012461976

Has ICT Polarized Skill Demand? Evidence from Eleven Countries over 25 years

Michaels, Guy - 2010

OECD labor markets have become more "polarized" with employment in the middle of the skill distribution falling relative to the top and (in recent years) also the bottom of the skill distribution. We test the hypothesis of Autor, Levy, and Murnane (2003) that this is partly due to information...

Persistent link: https://www.econbiz.de/10012462518

Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth

Fogel, Robert W. - 2010

This paper addresses three issues related to the relative rates of growth in the United States, the European Union, and China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that China will continue to grow at a high rate for...

Persistent link: https://www.econbiz.de/10012462930