The applying, cancelling and changing of the radio channel licenses and the radio base station establishment need to be managed by the government because radio channel has scarce characteristic of resource. In order to carry out "Mobil Taiwan" plan and telecom liberalization, Taiwan official...

In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four alternative reference models, all of which are used for policy-analysis at the ECB. We find that maximal insurance across this model range in terms of a Minimax policy comes at moderate...

English Abstract: The authors review the availability and allocation of commercial credit in China, the investment options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic deficiencies, vast externalities and tremendous potentials for...

Chinese Abstract:...