In this study we apply a random utility modeling framework to analyze housing demand in the city of Shanghai. A Multinomial Logit Model taking account of latent choice sets is employed to investigate the impact of household characteristics, such as income, size and age composition, on the choice...

This paper analyzes The Gambia's vulnerability to climate change, highlighting risks like flooding, droughts, and coastal erosion, which threaten food security and key industries. It details The Gambia's climate strategies, including the National Climate Change Policy, 2050 Climate Vision, and...

India's recently announced privatization strategy can facilitate a change in the composition of the public sector balance sheet toward high-return public sector investments in infrastructure and human capital where there is a clear role for government, leaving commercially viable companies for...

The Global Financial Crisis (GFC) and the COVID-19 pandemic are associated with the largest increases in public debt ratios since World War II. We decompose unexpected changes in debt ratios into the role of surprises in economic growth, interest costs, policy measures, and other factors. During...

This paper, through comparing the determinants between corporate failures and survivors, identifies factors in relation to liability of newness that cause corporate failures. Liability of newness has attracted research attention as a significant attribute for organizational failure, in...