This paper discusses a primary factor responsible for exchange rate fluctuations of the Cambodian riel and the Laotian kip against the US dollar. The dynamic effects of real and nominal shocks are examined through applying a vector autoregression (VAR) model of real and nominal exchange rates...

This paper studies the role of capital investment in a search and matching model. I develop an endogenous job separation matching model in which a firm's irreversible capital investment is endogenously determined. The incorporation of capital investment provides an additional channel for firms...

With global warming taking center stage, it is becoming clear that environmental information plays a critical role for monitoring, educating, and taking control measures. Currently the environmental data are gathered in a somewhat hierarchical system where mostly governments, NPOs and other...

This paper examines the FDI and exchange rates nexus in the context of one FDI source and two host countries. It focuses on the effect of exchange rates on the relative FDI inflows between the two host countries. The theoretical analysis shows explicitly that the relative FDI inflows are a...

This paper provides a comprehensive review on foreign direct investment in China in the last three decades. It reviews the growth, the sources and the distribution of FDI in China and analyzes the major determinants of FDI into China. Moreover, the paper summarizes the major contributions of FDI...

This paper presents a theoretical framework to describe the physicians' behavior under the fee-for-service scheme in Japan by explicitly incorporating the behavioral difference between self-employed and hospital-employed physicians into the model. One crucial assumption is found in the...

This paper examines the effects of the demographic change and the government debt policy in Japan on economic growth and economic welfare, particularly by taking into account the existing public pension scheme as well as national medical expenditure through the existing public health insurance,...

This paper applies the extended growth-factor decomposition method, which was developed by Akita (1999), to a three-region interregional I-O system consisting of the Kyushu region, the Kanto region, and all other regions in Japan to analyze the effects of regional characteristics and government...

The aim of this study was to examine how learning styles impact the development of 12 learning skills in higher education by using Kolb's learning theory. The results revealed that two learning abilities in the dialectical dimension of concrete experience and abstract conceptualization...

Even after excluding mining activities, which are distributed very unevenly, Indonesia still has very large regional income disparities. By the Theil T index, regional inequalities in per capita GDP and labor productivity after excluding the mining sector were, respectively, 0.14 and 0.16 in...