发布求助
文献互助 智能选刊 最新文献

Urban Economics & Regional Studies (Forthcoming)最新文献

筛选
英文 中文
Multiple Avenues of Intermediation, Corporate Finance and Financial Stability 中介的多种途径、公司融资与金融稳定
Urban Economics & Regional Studies (Forthcoming) Pub Date : 2001-08-01 DOI: 10.5089/9781451853865.001.A001
E. Davis
{"title":"Multiple Avenues of Intermediation, Corporate Finance and Financial Stability","authors":"E. Davis","doi":"10.5089/9781451853865.001.A001","DOIUrl":"https://doi.org/10.5089/9781451853865.001.A001","url":null,"abstract":"Using data from the US, UK, Japan and Canada, this paper provides evidence on the benefits to an economy from multiple avenues of intermediation. The overall conclusion is that the existence of active securities markets alongside banks is indeed beneficial to the stability of corporate financing, both during cyclical downturns and during banking and securities market crises. The benefit from multiple avenues are greater, the more comparable the size of securities market and intermediated financing, as well as the larger the proportion of companies able to access both loan and securities markets. The analysis raises a number of policy issues and research topics for further investigation.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2001-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115411076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 65
Deflation in Hong Kong Sar 香港特别行政区通货紧缩
Urban Economics & Regional Studies (Forthcoming) Pub Date : 2000-07-01 DOI: 10.1111/J.1468-0106.2005.00270.X
P. Schellekens
{"title":"Deflation in Hong Kong Sar","authors":"P. Schellekens","doi":"10.1111/J.1468-0106.2005.00270.X","DOIUrl":"https://doi.org/10.1111/J.1468-0106.2005.00270.X","url":null,"abstract":"This paper examines the causes of deflation in Hong Kong SAR, exploring whether it reflects a prolonged process of adjustment to cyclical shocks or whether it results from price equalization pressures arising from structural integration with mainland China. To gauge the relative importance of these factors, the paper provides both an econometric and a qualitative analysis of the price dynamics between Hong Kong SAR and Shenzhen, a neighboring city in mainland China. It finds that the role of price equalization as a source of deflation is minor. Deflation in Hong Kong SAR is best explained by successive cyclical shocks which have been amplified by balance-sheet and wealth effects.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2000-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134252844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 18
Public Infrastructure Investments, Productivity and Welfare in Fixed Geographic Areas 固定地理区域的公共基础设施投资、生产力和福利
Urban Economics & Regional Studies (Forthcoming) Pub Date : 2000-05-01 DOI: 10.2139/ssrn.933683
A. Haughwout
{"title":"Public Infrastructure Investments, Productivity and Welfare in Fixed Geographic Areas","authors":"A. Haughwout","doi":"10.2139/ssrn.933683","DOIUrl":"https://doi.org/10.2139/ssrn.933683","url":null,"abstract":"Measures of the value of public investments are critical inputs into the policy process, and aggregate production and cost functions have become the dominant methods of evaluating these benefits. This paper examines the limitations of these approaches in light of applied production and spatial equilibrium theories. A spatial general equilibrium model of an economy with nontraded, localized public goods like infrastructure is proposed, and a method for identifying the role of public capital in firm production and household preferences is derived. Empirical evidence from a sample of large U.S. cities suggests that while public capital provides significant productivity and consumption benefits, an ambitious program of locally funded infrastructure provision would likely generate negative net benefits for these cities.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"2011 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2000-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127365274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 242
New York's New-Media Boom: Real or Virtual? 纽约的新媒体热潮:真实还是虚幻?
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1998-10-01 DOI: 10.2139/SSRN.997393
J. Bram, Michael De Mott
{"title":"New York's New-Media Boom: Real or Virtual?","authors":"J. Bram, Michael De Mott","doi":"10.2139/SSRN.997393","DOIUrl":"https://doi.org/10.2139/SSRN.997393","url":null,"abstract":"Although the new-media industry has been a fairly strong contributor to New York City's economic growth, the city's reputation as a new-media hub appears to be overstated.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115850439","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
One-Touch Double Barrier Binary Option Values 一键式双屏障二元期权值
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1996-08-01 DOI: 10.1080/096031096334141
C. Hui
{"title":"One-Touch Double Barrier Binary Option Values","authors":"C. Hui","doi":"10.1080/096031096334141","DOIUrl":"https://doi.org/10.1080/096031096334141","url":null,"abstract":"The valuation and applications of one-touch double barrier binary options that include features of knock-out, knock-in, European and American style are described. Using a conventional Black-Scholes option-pricing environment, analytical solutions of the options are derived. The relationships among different types of one-touch double barrier binary options are discussed. An investor having a particular view on values of foreign exchanges, equities or commodities can use the options as directional trades or structured products in financial market.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1996-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122613748","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 34
A Statistical Analysis of Crime Against Foreigners in Unified Germany 统一后德国针对外国人犯罪的统计分析
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1996-03-01 DOI: 10.2307/146245
A. Krueger, Jörn-Steffen Pischke
{"title":"A Statistical Analysis of Crime Against Foreigners in Unified Germany","authors":"A. Krueger, Jörn-Steffen Pischke","doi":"10.2307/146245","DOIUrl":"https://doi.org/10.2307/146245","url":null,"abstract":"Germany has experienced a high and rising rate of anti-foreigner violence during the early 1990s. To analyze the determinants of crime against foreigners we assembled a new data set on the number and nature of such crimes at the county level based on newspaper reports. We find significant differences in the patterns of violence in the eastern and western parts of the country. The incidence of anti- foreigner crime is higher in the east and rises with distance from the former west German border. Economic variables like unemployment and wages matter little for the level of crime once location in the east is taken into account. The relative number of foreigners in a country has no relationship with the incidence of ethnic crimes in the west, whereas in the east it has a positive association with the number of crimes per resident and a negative association with the number of crimes per foreign resident.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1996-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133493865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 198
Bureaucracy, Infrastructure, and Economic Growth: Evidence from U.S. Cities During the Progressive Era 官僚主义、基础设施和经济增长:来自进步时代美国城市的证据
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1994-12-01 DOI: 10.3386/W4973
James E. Rauch
{"title":"Bureaucracy, Infrastructure, and Economic Growth: Evidence from U.S. Cities During the Progressive Era","authors":"James E. Rauch","doi":"10.3386/W4973","DOIUrl":"https://doi.org/10.3386/W4973","url":null,"abstract":"Recent work in the sociology of economic development has emphasized the establishment of a professional bureaucracy in place of political appointees as an important component of the institutional environment in which private enterprise can flourish. I hypothesize that establishment of such a bureaucracy will lengthen the period that public decision makers are willing to wait to realize the benefits of expenditures, leading to allocation of a greater proportion of government resources to long-gestation period projects such as infrastructure. This hypothesis can be tested using data generated by a `natural experiment' in the early part of this century, when a wave of municipal reform transformed the governments of many U.S. cities. Controlling for city and time effects, adoption of Civil Service is found to increase the share of total municipal expenditure allocated to road and sewer investment. Other estimates imply that this increased share raises the growth rate of city manufacturing employment by one-half percent per year.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1994-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124719939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 202
Collateral Damage: How Refinancing Constraints Exacerbate Regional Recessions 附带损害:再融资约束如何加剧区域衰退
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1993-11-01 DOI: 10.3386/W4531
Andrew Caplin, C. Freeman, Joseph S. Tracy
{"title":"Collateral Damage: How Refinancing Constraints Exacerbate Regional Recessions","authors":"Andrew Caplin, C. Freeman, Joseph S. Tracy","doi":"10.3386/W4531","DOIUrl":"https://doi.org/10.3386/W4531","url":null,"abstract":"In the current structure of the U.S. residential mortgage market, a fall in property values may make it very difficult for homeowners to refinance their mortgages to take advantage of falling interest rates. In this paper, we explain the institutional background for this effect and quantify its importance. We confirm that this form of collateral constraint has greatly reduced recent refinancing in states with depressed property markets. We also point to the many ways in which the reduction in refinancing may have inflicted additional damage in these already recession-hit states. Finally, we show that relatively minor institutional changes could have neutralized the damaging effects of the collateral constraints, and we discuss why the institutions have their current structure.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1993-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132953734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 42
Wealth Mobility in America: A View from the National Longitudinal Survey 美国的财富流动:来自全国纵向调查的观点
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1992-08-01 DOI: 10.3386/W4137
R. Steckel, Jayanth K. Krishnan
{"title":"Wealth Mobility in America: A View from the National Longitudinal Survey","authors":"R. Steckel, Jayanth K. Krishnan","doi":"10.3386/W4137","DOIUrl":"https://doi.org/10.3386/W4137","url":null,"abstract":"We depict and analyze wealth mobility in a national sample of nearly 4,000 households interviewed by the National Longitudinal Survey over a ten year period from the mid 1960s to the mid 1970s. A transition matrix, the Shorrocks measure, average decile position for various subgroups, and wealth in period two compared with wealth in period one are used to describe patterns of wealth mobility. These results and regression models of change in percentile position, of persistence in the top, of movement into the top, of persistence into the bottom, and of movement into the bottom identify winners and losers. The losers include single people, blacks, and those who experienced marital disruption, while winners were the skilled and more educated. These findings have implications for the interpretation of cross-sectional measures of inequality, the explanation of long-term trends in wealth mobility, and the consequences of recent trends in the wage structure.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1992-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124290462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 25
Quality Upgrading and its Welfare Cost in U.S. Steel Imports, 1969-74 1969- 1974年美国钢铁进口的质量升级及其福利成本
Urban Economics & Regional Studies (Forthcoming) Pub Date : 1987-12-01 DOI: 10.3386/W2452
R. Boorstein, R. Feenstra
{"title":"Quality Upgrading and its Welfare Cost in U.S. Steel Imports, 1969-74","authors":"R. Boorstein, R. Feenstra","doi":"10.3386/W2452","DOIUrl":"https://doi.org/10.3386/W2452","url":null,"abstract":"In this paper we measure the quality change which has occurred in U.S. steel imports during the 1969-74 VRA, using an index number method. Under this approach, the yearly changes in unit values is broken into three components: a quality-adjusted or pure price index; a quality index, which measures changes in the product mix; and a supplier index, which measures changes in the source of supply. We also derive a measure of welfare cost, which equals the inverse of a Paasche price index minus the inverse of an exact price index. Over the 1969-74 VRA period we find quality upgrading of 7.4 percent in U.S. steel imports, which occurs most strongly in the first year. The welfare cost of quality change varies around one percent of import expenditure during 1970-73. This cost is at least as large as the conventional deadweight loss triangle, but smaller than the transfer of quota rents.","PeriodicalId":393862,"journal":{"name":"Urban Economics & Regional Studies (Forthcoming)","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1987-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114978054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 63
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信