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The reform in Asian financial sectors - especially in banking and stock markets - has been remarkable since the currency crisis of 1997-98. This book provides a collection of theoretical and empirical analyses of the capital markets in the region.
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Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects, such as inflation and low rates of... Læs mere
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The US government is the world's largest financial institution, providing credit and assuming risk through diverse activities. But the potential cost and... Læs mere
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Explores the many challenges facing workers in the transition from a traditional defined benefit... Læs mere
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A comparative study which focuses on the housing markets of the United States and Japan. Topics discussed include: the evolution of housing prices; housing markets and personal savings; housing finance; commuting; and the impact of public policy on housing markets.
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With essays on labour force participation and retirement, housing equity and the economic status of the elderly, and financing of social security and... Læs mere
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In order to understand savings programmes, this volume provides a description of savings policies in the G-7 industrialized nations. A core of topics are discussed which include types of accumulated household savings and debt, and tax policies toward capital income.
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To aid understanding of why saving rates differ across countries, this volume provides analyses of patterns of household saving behaviour in the G7 nations,... Læs mere
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Asking the question "Do deficits matter?", this text answers both yes and no. Yes, because fiscal policy affects generational distribution, national saving and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content.