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Relative Returns on Equities in Pacific Basin Countries

Engel, Charles - 1994

We examine the factors that determine the differences in ex ante returns on equities in eleven Pacific Basin countries. Our concern is whether real return differentials are primarily caused by nominal return differentials or expected changes in real exchange rates. We find that nominal return...

Persistent link: https://www.econbiz.de/10012474281

Is Japan Creating a Yen Bloc in East Asia and the Pacific?

Frankel, Jeffrey A. - 1992

This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1 … is no evidence of a special Japan effect. (3) Once one properly accounts for rapid growth in Asia, the statistics do not … Asian countries, though overall its influence is as yet no greater than that of New York. (6) Some of Japan's financial and …

Persistent link: https://www.econbiz.de/10012474929

The Private and External Costs of Germany's Nuclear Phase-Out

Jarvis, Stephen - 2019

Many countries have phased out nuclear electricity production in response to concerns about nuclear waste and the risk of nuclear accidents. This paper examines the impact of the shutdown of roughly half of the nuclear production capacity in Germany after the Fukushima accident in 2011. We use...

Persistent link: https://www.econbiz.de/10012480542

What Would it Take to Reduce US Greenhouse Gas Emissions 80% by 2050?

Heal, Geoffrey - 2016

I investigate the cost and feasibility of reducing US GHG emissions by 80% from 2005 levels by 2050. The US has stated in its Paris COP 21 submission that this is its aspiration. I suggest that this goal can be reached at a cost in the range of $37 to $135 bn/year. I assume that the goal is to...

Persistent link: https://www.econbiz.de/10012456154

The Value of Transmission in Electricity Markets : Evidence from a Nuclear Power Plant Closure

Davis, Lucas - 2014

Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...

Persistent link: https://www.econbiz.de/10012458479

The Consumption Response to Seasonal Income : Evidence from Japanese Public Pension Benefits

Stephens, Melvin, Jr - 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/10012462314

Were Trade and Factor Mobility Substitutes in History?

Collins, William J. - 1997

Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...

Persistent link: https://www.econbiz.de/10012472755

The Rate of Return on Everything, 1870–2015

Jordà, Òscar - 2017

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...

Persistent link: https://www.econbiz.de/10012453601

The Changing Role of Government in Financing Health Care : An International Perspective

Stabile, Mark - 2013

This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...

Persistent link: https://www.econbiz.de/10012459221

U.S. and Foreign Competition in the Developing Countries of the Asian Pacific Rim

Baldwin, Robert E. - 1987

, Canada, Japan, the European Community, Australia and New Zealand, and in the region itself is also studied, revealing the … familiar result that the developing countries of the region and Japan have increased their market shares significantly since …

Persistent link: https://www.econbiz.de/10012476861

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