 | Seigle Family Professor, Washington University in St. Louis Verified email at wustl.edu Cited by 2520 |
EW Bond,
P Wang… - Journal of Economic Theory, 1996 - time.dufe.edu.cn
We examine a two-sector endogenous growth model with general constant- return-to-scale production
technologies governing the evolution of human and physical capital. We prove the
existence, uniqueness, and saddle-path stability of the balanced growth equilibrium. A ...
S Ahmed, BW Ickes,
P Wang… - The American Economic Review, 1993 - JSTOR
We estimate a dynamic two-country model in which economic fluctuations are driven by a
worldwide supply shock, country-specific supply shocks, and relative fiscal, money, and
preference shocks. Identification is achieved using only long-run restrictions, based on a ...
P Wang… - Journal of Money, Credit and Banking, 1992 - JSTOR
BEGINNING WITH THE CLASSIC PAPERS of Tobin (1965) and Sidrauski (1967), the
analysis of the effects of anticipated inflation on capital accumulation has been one of the
central issues in monetary growth theory. In their well-cited work, Dornbusch and Frenkel ( ...
YP Wang… - Urban Studies, 1996 - usj.sagepub.com
Abstract The role of the state in housing has been the subject of controversial debate
recently in China. More and more decision-makers consider that the supply of housing
should be left to market forces of demand and supply. Various new policies have been ...
D Laing, T Palivos… - The Review of Economic …, 1995 - restud.oxfordjournals.org
Abstract We examine an endogenous growth model in which market frictions are an integral
part of the economic environment. Workers invest in education when young, which raises
their productivity once employed. The level of schooling also acts as a key determinant of ...
YP Wang… - … Journal of Urban and Regional Research, 2000 - Wiley Online Library
Research into eastern European housing reform indicates that privatization has been
accompanied by processes of social and physical exclusion and segregation. Has the
Chinese housing reform been accompanied by similar problems? This paper addresses ...
NE Coulson, D Laing… - Journal of Labor Economics, 2001 - JSTOR
We construct a search equilibrium model for a city with central and suburban labor markets
that is consistent with the set of empirical regularities commonly associated with the spatial
mismatch hypothesis: a higher rate of unemployment for central city residents than ...
EW Tallman… - Journal of Monetary Economics, 1994 - Elsevier
Abstract We examine the empirical implications of models that display perpetual growth
through human capital accumulation in a case study of Taiwan. Our results show that
incorporating a labor quality index into the labor input improves the performance of the ...
YP Wang… - 1999 - getcited.org
An academic directory and search engine.
YP Wang… - Urban Studies, 1999 - usj.sagepub.com
Abstract Housing privatisation has been one of key features of reform during the 1980s and
the 1990s in many countries. Chinese housing reform has attracted attention because of its
distinctive features and there have been a number of commentaries on the general ...
T Palivos… - Regional Science and Urban Economics, 1996 - Elsevier
This paper constructs a dynamic general equilibrium model with spatial interactions in which
a human capital externality is the centripetal force towards agglomeration. The resource cost
of transportation is, on the other hand, the main centrifugal force, preventing a city from ...
YP Wang - Housing Studies, 2000 - Taylor & Francis
Housing provision in Chinese cities has experienced many changes since 1979 when the
country embarked on major economic reform. During the late 1980s and the 1990s many
publicly owned houses were sold to their existing tenants or other public sector ...
YP Wang - 2004 - books.google.com
Urban reform in China has dramatically changed the socialist urban landscapes and the
economy is one of the most dynamic systems. However, economic reform has had a very
uneven effect on urban population. While the living standard of a significant proportion of ...
Z Becsi… - Economic Review, 1997 - ideas.repec.org
Poor performance by the financial sector can be costly for society. On the other hand, a
healthy banking sector has been thought by some to contribute to the growth of the
economy. Recently, though, economists have begun to analyze new elements of the ...
CC Huang, D Laing… - International Economic Review, 2004 - Wiley Online Library
Numerous studies document that criminal activity is positively related to unemployment and
negatively related to educational attainment levels within given communities. We study this
phenomenon in the context of a search-equilibrium model, in which agents choose ...
P Wang, CK Yip… - The Review of Economics and Statistics, 1994 - JSTOR
This paper examines a growth model with endogenous consumption, labor-leisure, and
fertility. A fertility choice variable capturing both the quality and quantity of the family size
enters the utility function positively, but it also generates time costs. Theoretical ...
PJ Haug, S Koehler, LM Lau, P Wang… - Proceedings of the …, 1995 - ncbi.nlm.nih.gov
Abstract The value of the computerized medical record is derived in part from the availability
of medical information in a coded form accessible to manipulation by processes designed
for automated decision support, medical research, and computer assistance in the ...
M Berliant, SK Peng… - Journal of Economic Theory, 2002 - Elsevier
We formally explore Jacobs' idea that uncompensated knowledge spillovers are crucial for
agglomeration by modeling location-dependent interfirm production externalities in a
general-equilibrium linear-city framework. Good and factor allocation, firms' and ...
X ZHANG… - Research and Exploration in Laboratory, 2005 - en.cnki.com.cn
This paper indicated the problems of the traditional experimental teaching, which are
unsuitable to cultivate the innovative abilities. Some measures based on the architecture,
methods, means of experimental teaching were presented to reform the experimental ...
YP Wang - Urban Affairs Review, 2001 - uar.sagepub.com
Abstract Housing policies introduced in China in 1998 aim to end the distribution of housing
by employers and set up new housing finance and market systems. The author examines
policy development and practice in Beijing and evaluates the performance of the new ...
JH Rogers… - Journal of Development Economics, 1995 - Elsevier
We study the sources of fluctuation in output and inflation for Mexico, considering fiscal, real,
money growth, exchange rate, and asset market disturbances, which are identified using an
estimable equilibrium model incorporating important features of high-inflation economies. ...
M Berliant, RR Reed… - Journal of Urban Economics, 2006 - Elsevier
Despite wide recognition of their significant role in explaining sustained growth and
economic development, uncompensated knowledge spillovers have not yet been fully
modeled with a microeconomic foundation. This paper illustrates the exchange of ...
T Palivos,
P Wang… - International Economic Review, 1997 - JSTOR
We characterize the class of dynamic models that allow for the most commonly used types of
sustained economic growth (balanced and asymptotically balanced). We show that, under a
constant returns to scale technology,(asymptotically) constant discount rate and ( ...
…, N Creed, L Ng, S Ping Wang… - Child …, 2004 - Wiley Online Library
Complex complements are clausal objects containing tensed verbs (eg, that she cried) or
infinitives (eg, to cry), following main verbs of communication or mental activities (eg, say,
want). This research examined whether English-and Cantonese-speaking 4-year-olds' ...
D Kenkel… - 1998 - nber.org
Alcohol abuse has important implications for the productivity of the US workforce. The lost
earnings of workers suffering from alcohol problems have been estimated at $36.6 billion in
1990. After completing schooling, young workers face critical labor market choices with ...
EW Bond, K Trask… - International Economic Review, 2003 - Wiley Online Library
This article develops a two-country endogenous growth model with accumulation of both
physical and human capital. We establish the existence of two-country balanced growth
equilibria with physical and human capital in which a static and dynamic version of the ...
P Wang… - Information and Organization, 2007 - Elsevier
Why do some information technology innovations come to be adopted widely while others
do not? One promising research stream has begun to investigate how institutional factors
shape the diffusion of IT innovations. Here we examine how these institutional factors ...
X Liang, Y Jin, Y Wang, G Jin, Q Fu… - Journal of Chromatography A, 2009 - Elsevier
Abstract Separation techniques with high efficiency and sensitive detection have been
widely used for quality control of traditional Chinese medicines (TCMs). High-performance
liquid chromatography, gas chromatography, and capillary electrophoresis are commonly ...
M Berliant… - Regional Science and Urban Economics, 1993 - Elsevier
Abstract This paper develops a general equilibrium model to endogenously generate a
linear city. Rather than assuming agglomerative externalities or increasing returns in
production/transportation technology, interregional transactions costs are considered. To ...
EW Frees… - North American Actuarial Journal, 2005 - soa.org
Abstract Credibility is a form of insurance pricing that is widely used, particularly in North
America. The theory of credibility has been called a “cornerstone” of the field of actuarial
science. Students of the North American actuarial bodies also study loss distributions, the ...
HM Abdel-Rahman… - Regional Science and Urban Economics, 1995 - Elsevier
This paper constructs a general-equilibrium spatial model of a core-periphery system of
cities, allowing for labor heterogeneity. While unskilled workers are specialized in food
production in the periphery, skilled workers with heterogeneous characteristics ...
ELC Lai, R Riezman… - Economic Theory, 2009 - Springer
Abstract This paper looks at the outsourcing of research and development (R&D) activities.
We consider cost reducing R&D and allow manufacturing firms to decide whether to
outsource the project to research subcontractors or carry out the research in-house. We ...
P Wang - MIS quarterly, 2010 - eng.umd.edu
Abstract What happens to organizations that chase the hottest information technologies?
This study examines some of the important organizational impacts of the fashion
phenomenon in IT. An IT fashion is a transitory collective belief that an information ...
P Wang… - Journal of Macroeconomics, 1992 - Elsevier
Abstract Christiano and Ljungqvist (1988) find a statistically significant Granger-causal
relation between money and output when data are measured in log levels, but not when
they use data in log differences. To resolve this puzzle, we develop an endogenous ...
HM Abdel-Rahman… - Journal of Urban Economics, 1997 - Elsevier
This paper develops a general-equilibrium model of a system of core-periphery cities to
examine the main determinants of intra-and inter-regional income disparities. The economy
is populated by a continuum of (homogeneous) unskilled and (heterogeneous) skilled ...
YP Wang - Housing Studies, 1995 - Taylor & Francis
Abstract The literature on housing systems and housing policy in different countries has
made an important contribution to the analysis and understanding of key issues relating to
the origins and nature of state intervention in housing, and to the interaction of specific ...
JH Rogers… - The Review of Economics and Statistics, 1993 - JSTOR
Casual analysis of six high-inflation episodes indicates a strong positive relationship
between movements in the relative price ratio, measured by (WPI/CPI), and the inflation rate.
We estimate a vector autoregression model in which relative price movements are driven ...
J Fender… - International Economic Review, 2003 - Wiley Online Library
An overlapping-generations model where agents choose whether to become educated
when young is presented. Education enhances productivity, but needs to be financed by
borrowing. Because of the possibility of default, lenders may ration credit. We characterize ...
P Jenkins, H Smith… - 2007 - books.google.com
Throughout the world there is an increasing movement of populations into urban areas and
cities. As a result the demographic, economic, social and cultural characteristics of urban
areas are changing, particularly in countries undergoing rapid urbanization. This book ...
W Ping… - Foreign Language World, 2001 - en.cnki.com.cn
Based on their teaching practice and the discrepancies of the oriental and occidental modes
of thinking, the authors of this paper analyze the various drawbacks in the College English
writings caused by the negative transfer of the oriental mode of thinking. It is hoped that ...
TC Mills… - Scottish Journal of Political Economy, 2003 - Wiley Online Library
In this paper we consider an extension of Hamilton's Markov chain model of output growth
that allows for a one-time structural break in the hyperparameters. We fit this model to post-
war quarterly output growth data from the G-7 economies and find evidence for such a ...
ML Lee, BC Liu… - Economics of Education Review, 1994 - Elsevier
Abstract This paper examines the major determinants of economic development, including
supplyside factors (technical progress and accumulation of physical and human capital) and
demand-side factors (government involvement and export expansion). In particular, we ...
W Wang, YX Wu, ZG Peng, SW Lu, L Yu… - Personality and …, 2000 - Elsevier
Zuckerman's sensation seeking scales (Form V, 40 items) which were slightly modified in a
French study with high loading items [Carton, S., Jouvent, R., & Widlocher, D.(1992). Cross-
cultural validity of the sensation seeking scale: development of a French abbreviated form. ...
YP Wang - Housing Studies, 1992 - Taylor & Francis
Abstract Research on urban housing policies in socialist China and Eastern European
countries has concentrated on understanding the production and distribution of state
housing. More recently researchers have shifted their attention to the commodification of ...
BS Jaw, YH Ling, CYP Wang… - Personnel Review, 2007 - emeraldinsight.com
Purpose–The purpose of this article is to investigate the detailed relationships between
Chinese cultural values (Confucian dynamism, individualism, masculinity, and power
distance) and work values (self-enhancement, contribution to society, rewards and ...
EB Swanson… - Journal of Information Technology, 2005 - palgrave-journals.com
Abstract When firms move to adopt and implement a popular IT innovation, what knowledge
must they have or gain, in order to be successful? Here we offer a model that explains a
firm's success in terms of its adoption know-why and know-when and its implementation ...
P Wang… - … Journal of Economics/Revue canadienne d' …, 2006 - Wiley Online Library
Abstract We examine the formation of buyer-seller links when exchange can take place only
if such a link exists. Sellers produce products of different qualities, and multiple sellers can
form a sellers' association to pool their customers setting uniform prices. Buyers form trade ...
M Berliant, YY Papageorgiou… - Regional Science and Urban …, 1990 - Elsevier
Abstract This paper examines the welfare theorems in the context of urban economics. The
standard model of urban economics, which involves a continuum of agents located in a
continuous space, is first described. Next, examples are given where both potential ...
SK Jha,
P Wang… - Journal of Economic Dynamics and Control, 2002 - Elsevier
This paper characterizes the dynamics of a monetary endogenous growth model in which
money is introduced into the system via a transactions-cost technology. A monetary
equilibrium that either satisfies the Friedman rule of the optimum quantity of money or ...
P Wang - Applied economics letters, 2000 - Taylor & Francis
The validity of purchasing power parity (PPP) is examined between seven Asian countries
and the US during the flexible exchange rate period, in the framework of the Johansen
cointegration approach with and without restrictions of the PPP parameters. It is found that ...
ML Lee, BC Liu… - Southern economic journal, 1994 - JSTOR
This paper presents an endogenous growth model for a small open economy with a
significant trade surplus and active government development strategies in order to
reexamine the major determinants of economic growth and income distribution. This ...
EW Tallman… - Working Papers, 1992 - econpapers.repec.org
By Ellis W. Tallman and Ping Wang; Human Capital Investment and Economic
Growth: New Routes in Theory and Address Old Questions.
M Berliant… - Urban Dynamics and Growth: Advances …, 2004 - emeraldinsight.com
Abstract Theoretical models of urban growth are surveyed in a common framework.
Exogenous growth models, where growth in some capital stock as a function of investment is
assumed, are examined first. Then endogenous growth models, where use of some factor ...
T Moore… - International Review of Financial Analysis, 2007 - Elsevier
In this paper, we investigate the volatility in stock markets for the new European Union (EU)
member states of the Czech Republic, Hungary, Poland, Slovenia and Slovakia by utilising
the Markov regime switching model. The model detects that there are two or three volatility ...
EW Frees… - Insurance: Mathematics and Economics, 2006 - Elsevier
This paper develops credibility predictors of aggregate losses using a longitudinal data
framework. For a model of aggregate losses, the interest is in predicting both the claims
number process as well as the claims amount process. In a longitudinal data framework, ...
YP Wang, Y Wang… - International Journal of Urban and …, 2009 - Wiley Online Library
Abstract Informal housing and industrial developments in the so-called urban villages have
been key features of the recent Chinese urbanization. In this article we will examine the
development of urban villages in one of the most dynamic Chinese cities—Shenzhen. The ...
D Tang… - Economics Letters, 1993 - Elsevier
Abstract During the Chinese hyperinflation (1946: 1–1949: 4), both anticipated inflation were
found to influence relative price variability positively. The non-neutral effect of anticipated
inflation rejects the conventional Lucas island model, while lending empirical support to ...
R Riezman… - Review of International Economics, 2009 - Wiley Online Library
We would like to dedicate this paper to the memory of our dear friend and colleague Koji
Shimomura, whose stimulating work in trade and growth has inspired all of us. We are
grateful for comments and suggestions by Eric Bond, Ronald Jones, Murray Kemp, an ...
D Laing, T Palivos… - Journal of Economic Theory, 2003 - Elsevier
We construct a dynamic general-equilibrium model of search and matching where public
knowledge grows through time and workers accumulate a fraction of this knowledge through
education/retraining. Due to search delays, the unemployment pool is populated by ...
T Palivos,
P Wang… - Journal of Macroeconomics, 1993 - Elsevier
Abstract We develop a modified cash-in-advance model in which money is required prior to
all the purchases of the consumption good and of a fraction of the capital good. This
framework enables us to examine the main determinants of money velocity in a dynamic ...
YP Wang - Urban Geography, 2005 - Bellwether Publishing
This paper examines the social and economic impacts of market transition and structural
adjustment policies in China. It studies the employment patterns and income levels in poor
residential areas found in two inland cities—Shenyang and Chongqing. Household ...
P Wang… - Journal of International Financial Markets, Institutions …, 2009 - Elsevier
This paper investigates sudden changes in volatility in the stock markets of new European
Union (EU) members by utilizing the iterated cumulative sums of squares (ICSS) algorithm.
Using weekly data over the sample period 1994–2006, the time period of sudden change ...
CH Mullin… - 2002 - nber.org
We develop a tractable framework with a fully specified dynamic process of demographic
and labor decisions over an individual female's life span to determine the timing of
childbearing. Fertility affects women's behavior through three channels: its tradeoff with ...
P Wang - Regional Science and Urban Economics, 1990 - Elsevier
Abstract This paper studies the formation of marketplaces in a finite linear spatial economy
with heterogeneous endowments and preferences in which the residential location of
consumers is fixed a priori. Contrary to the standard urban economics literature where the ...
YP Wang, Y Wang… - Urban Studies, 2005 - usj.sagepub.com
Abstract Housing change has been a major part of urban social and economic reform in
China. Earlier research and literature on housing policy focused largely on changes which
affected office workers employed by government departments and professional institutions ...
G Yang, Z Wang… - Transportation Research Part E: Logistics and …, 2009 - Elsevier
This paper develops a model of a general closed-loop supply chain network, which includes
raw material suppliers, manufacturers, retailers, consumers and recovery centers. The
objective of this paper is to formulate and optimize the equilibrium state of the network by ...
P Wang… - Mis Quarterly, 2009 - dl.acm.org
Abstract In striving to learn about an information technology innovation, organizations draw
on knowledge resources available in the community of diverse interests that convenes
around that innovation. But even as such organizations learn about the innovation, so too ...
CC Lin, CC Mai… - Regional Science and Urban Economics, 2004 - Elsevier
We examine the long-run effects of urban land policy on housing investment/pricing and city
development. Housing is introduced through a socially constant-returns household
production technology with uncompensated positive neighborhood externalities. We ...
P Wang… - 2004 - aisel.aisnet.org
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P Wang… - Information Technology & People, 2008 - emeraldinsight.com
Purpose–The paper aims to raise the question: how can a new information technology's
(IT's) early momentum toward widespread adoption and eventual institutionalization be
sustained? The purpose of the paper is to examine sustaining technological momentum ...
P Wang… - Journal of Development Economics, 2004 - Elsevier
This paper constructs an integrated framework to disentangle the underlying economic
mechanism of industrial transformation. We consider three essential elements for the
analysis: skill requirements, industry-wide spillovers and degrees of consumption ...
[CITATION] Advanced process control in paper and board making
H Wang, AP Wang… - 1997 - Pira International
P Wang - Journal of the Association for Information Systems, 2009 - eng.umd.edu
ABSTRACT This study of information technology innovations makes the distinction between
innovation in conceptual form and material form. The findings imply that the popularity of an
IT concept responds to the broader climate of business and society and relies on the ...
[CITATION] The regional patterns for combating sandification in sandy disaster affected area in China
S Peijun, Z Hong, W Ping - Journal of Natural Disasters, 2000
N Ramiller, EB Swanson… - Journal of the Association for …, 2008 - aisel.aisnet.org
Abstract This essay identifies three characteristic problems in how the Information Systems
field sets its research directions. First is the propensity of our field to create research
agendas modeled after the transitory infatuations that industry has with certain popular ...
Z Becsi,
P Wang… - Journal of Development Economics, 1999 - Elsevier
Why does financial activity generate large real effects? We argue that this may reflect a
multiplicity of equilibria, due to dynamic interactions between worker's saving decisions and
bank's monopolistic competition. We show that the equilibrium-responses of key ...
D Laing, C Park… - Critical Issues in China's Growth and …, 2005 - books.google.com
With the advent of the open-door economic reforms two decades ago, China has
experienced a prolonged period of rapid growth. While this has resulted in its per capita
income increasing by more than 12 times, an unpleasant by-product is the socioeconomic ...
M Berliant, SK Peng… - Regional Science and Urban Economics, 2006 - Elsevier
We develop a model with a finite number of households and congestible local public goods
where the level of provision, the number of facilities and their locations are all endogenously
determined. We prove that an equal-treatment identical-provision second-best optimum ...
TC Mills… - Empirical Economics, 2002 - Springer
Abstract. Friedman'splucking'model, in which output cannot exceed a ceiling level but is
occasionally plucked downward by recessions, is tested using Kim and Nelson's formal
econometric specification on output data from the G-7 countries. Considerable support for ...
BS Jaw, CYP Wang… - The international Journal of …, 2006 - Taylor & Francis
This paper examines the relationships between knowledge flows and subsidiaries'
performance in the perspective of human capital. Our empirical study of 130 Taiwanese
multinational companies'(MNCs') subsidiaries show that outflow of knowledge can ...
[CITATION] Futian District Health Inspection Administration of Shenzhen City
L JIANG, X WANG, H TIAN - Shenzhen
XPWSY Wei - Journal of Finance, 2001 - en.cnki.com.cn
The establishment of deposit insurance system is conducive to promote public confidence
and to maintain financial safety, which has been demonstrated by practice. In the light of
China′ s present situation, it is necessary to study the possibility and the model of ...
LIUXW Shou-qing - Construction Economy, 2006 - en.cnki.com.cn
The PPP project financing model has been widely adopted in the world. There is however a
critical issue in its application that it's hard to reach an agreement for risk allocation between
the public and the private sectors, resulting in a relatively longer negotiation period and a ...
P Wang… - The Manchester School, 2008 - Wiley Online Library
WANG, P. and MOORE, T.(2008), STOCK MARKET INTEGRATION FOR THE TRANSITION
ECONOMIES: TIME-VARYING CONDITIONAL CORRELATION APPROACH. The
Manchester School, 76: 116–133. doi: 10.1111/j. 1467-9957.2008. 01083. x
W Zheng-ping - Journal of Shanghai Teachers University, 2000 - en.cnki.com.cn
Deep ecology is a new model of the western contemporary environmental ethics. This paper
analyses its background of the sociality and thoughts and the differences of movement
between the shallow and the deep ecology; discusses the ultimate norms and basic ...
X YU… - Journal of Donghua University, Natural Science, 2003 - en.cnki.com.cn
On the base of analyzing the national garment size series standard, the paper reclassifies
the bodily form and pay some importance to match the bodily form with the national garment
size series, which founds a professional theory for the related programmed work. In ...
L Chiu, KY Tang, WC Shyu… - Public Health …, 2000 - Wiley Online Library
This study compares the cost of long-term care provided at patient homes with that of long-
term care provided in nursing homes in southern Taiwan. Caring for a patient with a high
degree of dependence at home is more expensive than caring for a patient in a nursing ...
[CITATION] Use of CFDs and FTRs to hedge against risks of power market
C Xiaolin, L Junyong, S Yonghua, W Ping… - Proceedings of the CSEE, 2005
EW Bond, RW Jones… - Review of International …, 2005 - Wiley Online Library
Abstract The paper develops a dynamic general-equilibrium framework to illustrate that
trade liberalization may speed up the process of globalization and industrialization by
enabling a small open economy to reallocate production factors to modern export sectors ...
Z Chen, XN Zhou, K Yang, XH Wang… - Geospatial …, 2007 - eprints.bice.rm.cnr.it
With the aim of exploring the usefulness of spatial analysis in the formulation of a strategy for
schistosomiasis japonica control in different environmental settings, a population-based
database was established in Dangtu county, China. This database, containing the human ...
R WANG… - Resources Science, 2006 - en.cnki.com.cn
This paper explored the reasons why Shanxi run into economical predicament, though it
holds a great deal of coal resource. The conclusion is that resource advantage in those
nations who hold a great deal of natural resource has been lost because transportation ...
K Wang - US Department of the Interior, Bureau of Mines, …, 1975 - csa.com
The People's Republic of China--a New Industrial Power With a Strong Mineral
Base. KP Wang US Department of the Interior, Bureau of Mines, Washington,
DC 1975, 96 p, 1975. 72 Special Publications(MD).
P Wang… - Research in International Business and Finance, 2008 - Elsevier
This paper investigates regime-switching behaviour in the return-generating processes of
six East Asian emerging stock markets over the period from 1970 to 2004 and examines the
specific characteristics of each regime by utilizing Markov-switching variance models. The ...
BL Chen, YY Chiang… - Working Papers, 2000 - vanderbilt.edu
ABSTRACT This paper develops a dynamic general-equilibrium model with production to
examine the interrelationships between the real and the financial sectors with and without
credit market imperfections. Due to the moral hazard problem, credit rationing may be ...
CP Wang, D Shyu… - The Geneva Risk and Insurance Review, 2005 - Springer
This study designs an optimal insurance policy form endogenously, assuming the objective
of the insured is to maximize expected final wealth under the Value-at-Risk (VaR) constraint.
The optimal insurance policy can be replicated using three options, including a long call ...
ZXSPW Mengli… - Journal of Academic Libraries, 2006 - en.cnki.com.cn
Information literacy is the comprehensive ability of individual to recognize when information
is needed and to locate, evaluate, and use effectively the needed information. The
information literacy competency standards are the base of information literacy education. ...
P Wang… - Applied Financial Economics, 2001 - Taylor & Francis
This study investigates the risk transmission between the spot and forward foreign exchange
markets. In particular, the effect of innovation basis and signs of shocks in both markets are
assessed. The market is less predictable when the spot and forward markets have ...
D Laing, T Palivos… - The American Economic Review, 1995 - JSTOR
Just how important a determinant of economic growth is the efficacy with which markets are
organized? It is clear that in order to answer this question it is necessary to have both a well-
articulated theory of economic growth and a precise notion of what it means for one ...
P Wang… - Working Papers, 1993 - econpapers.repec.org
Related works: Working Paper: Real effects of money and welfare costs of inflation in an endogenously
growing economy with transactions costs (1993) This item may be available elsewhere in
EconPapers: Search for items with the same title. ... This site is part of RePEc and all the ...
Z Becsi, V Li… - FRB of Atlanta Working Paper No. 2000- …, 2000 - papers.ssrn.com
Abstract: What happens when liquidity increases in credit markets and more funds are
channeled from borrowers to lenders? We examine this question in a general equilibrium
model where financial matchmakers help borrowers (firms) and lenders (households) ...
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