We present a comprehensive analysis to calculate the Basel III liquidity coverage ratio (LCR) and the net stable funding ratio (NSFR) of U.S. commercial banks using Call Report data over the period 2001–2011, and provide indirect empirical evidence on net cash outflow rates of certain...

Comprising original and never-before-published papers by distinguished economists, this book offers insights about lessons that were or should have been learned from recent outbreaks of such crises in East Asia and elsewhere. Recent Financial Crises also presents a set of econometric studies of...

Recent research on the subprime crisis and rollover risk suggests that debt market liquidity is a major factor affecting the risk of default. This implies that firms that rely heavily on short-term debt, such as commercial paper (CP), are at greater risk of default. Debt market illiquidity could...

This article examines how changes in US metropolitan spatial structure lead to an increase in measurable excess commuting and a decrease in measurable transport—land use connections. Using Boston and Atlanta as two comparative regions, this research computes excess commuting with...

The change in commuting time in the process of spatially decentralized development has generated debates on the commuting impacts of spatial decentralization. Using Atlanta and Boston as two sizable but contrasting regions, this research compares commuting and urban spatial structure across...

It has been widely reported that individual travel has significant implications for obesity. In this research we try to clarify the connection between travel and obesity from an individual energy-expenditure perspective. It is hypothesized here that individual travel affects the likelihood of...

This research aims to inform the compact city discussion with a case study of Beijing, where urban planning has emphasised clustered suburban development in the past half-century. It uses three decades of census data to describe Beijing’s spatial development trajectory and a household survey...

The United States maintains a broad spectrum of economic sanctions against China ranging from export controls to prohibitions on certain imports. Our study finds that, although from a macroeconomic perspective, US sanctions have had no significant adverse effect on China's overall economic...

Economic sanctions are seen as a foreign policy instrument less severe than military engagement but more potent than diplomacy. The assessment of the economic impact of sanctions invariably focuses on direct bilateral trade, with little regard to indirect costs. In the case of sanctions on Iran,...