In 2009, Korea Institute for International Economic Policy (KIEP) launched "Visiting Fellows Program (VFP)" with the view of advancing cross-border exchanges of knowledge, information, insights and expertise. Since its inception, the VFP has demonstrated that sharing thoughts and ideas through...

We exploit panel data and large, abrupt, and unusual dislocations of Indonesian workers in the wake of the Asian Financial Crisis to investigate the robustness and persistence of inter‐industry wage differentials (IWDs). Unobserved worker characteristics explain 36% of IWDs. IWDs persist...

Work affects both the time available for non-market activities and the times at which those activities are performed - and therefore work-induced constraints on time use may influence retirement decisions. We analyze these effects by combining new data from the American Time Use Survey with...

Cu(II)-EDTA is a highly stable typical metal-organic complex in a wide pH range (3.0-12.0) and difficult to deeply purify Cu(II) by conventional precipitation methods. In this study, Fe(III) replacement/diethyldithiocarbamate (DDTC) precipitation combined process was proposed as a promising...

A considerable literature examines the optimal decumulation of financial wealth in retirement. We extend this research to incorporate housing, which comprises the majority of most households non-pension wealth.We estimate the relationship between the returns on housing, stocks, and bonds, and...

Purpose – Manufacturing firms are expected to implement green manufacturing and increase product complexity at a competitive price. However, a major problem for engineering managers is to ascertain the costs of embarking on green manufacturing. Thus, a planning and control methodology for...

Analyzing comovements in equity markets is important for risk diversification in portfolio management. Copulas have several advantages compared to the linear correlation measure in modeling comovement. This paper introduces a copula ARMA-GARCH model for analyzing the comovement of indexes in...