International banks greatly reduced their direct cross-border and local affiliates’ lending as the global financial crisis strained balance sheets, lowered borrower demand, and changed government policies. Using bilateral, lender-borrower countrydata and controlling for credit demand, we...

The education and training are important methods to improve the quality of migrant workers and the key to solve the issues concerning agriculture, farmer and rural area. Based on theoretical and literature analysis, this paper analyzed economic problems in the education and training of migrant...

According to international experts, a country’s demand for metals follows its GDP per capita trend. Taking into consideration China’s position as the main consumer of metals worldwide and the corollary that its demand will keep on increasing at least until its GDP per capital level doubles...

A double auction game with an infinite number of buyers and sellers is introduced. All sellers posses one unit of a good, all buyers desire to buy one unit. Each seller and each buyer has a private valuation of the good. The distribution of the valuations define supply and demand functions. One...

We analyze two reasons for export prices to be different across markets--namely, quality differentiation and variable markups--and attempt to parse their relative importance and some of their underlying drivers. To overcome the substantial measurement issues in this task, we consider a...

Market expectations of future supply and demand are important in determining current prices for agricultural products such as corn, which are harvested annually and stored for later use. Prices can quickly move when beliefs change—due to new data, for example—even if events far in the future...

Tomando como punto de partida las dificultades económicas actuales, se pretende, siguiendo el modelo cíclico de Ibn Jaldún, una aproximación a las oscilaciones de la actividad económica teniendo en cuenta simultáneamente los lados de la oferta y de la demanda, entendiendo que el...

Remarks at the National Association for Business Economics Annual Meeting, New York City.

A statistical approach to market equilibrium and efficiency analysis is proposed in this paper. One factor that governs the exchange decisions of traders in a market, named willingness price, is highlighted and constitutes the whole theory. The supply and demand functions are formulated as the...