International Journal of Economic Policy Studies

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Grounding multidisciplinary public policy analysis in methodological individualism: with an illustrating study of the economic and political effects of variations in a nation’s average work ethic
International Journal of Economic Policy Studies - Tập 17 - Trang 351-383 - 2023
Roger D. Congleton
This paper suggests that a relatively minor, but important generalization of the rational choice approach used in economics and game theory can provide sufficient flexibility, breadth, and realism to be used as the basis for interdisciplinary analysis. Multi-disciplinary analysis does not require abandoning the “rational” choice model of individual decision making worked out over the past century ...... hiện toàn bộ
How could Industrial Structure Guide the Choice of Development Strategy? A Field of Influence Analysis for the Democratic Republic of Congo
International Journal of Economic Policy Studies - Tập 8 - Trang 89-112 - 2013
Christian Otchia
The purpose of this paper is to analyse the structure of the economy of the Democratic Republic of Congo (DRC), and measure the strength of the linkages between different economic sectors. We construct a social accounting matrix for DRC, and apply the minimum information decomposition of the Leontief inverse to design appropriate development policies based on the field of influence of changes. Our...... hiện toàn bộ
Do unilateral trade preferences help reduce poverty in beneficiary countries?
International Journal of Economic Policy Studies - Tập 17 - Trang 249-288 - 2023
Sèna Kimm Gnangnon
This paper has investigated the utilization of non-reciprocal (or unilateral) trade preferences (NRTPs) provided by QUAD countries on poverty in recipient countries. It uses a panel dataset of 77 beneficiaries of NRTPs over the period of 2002–2019, and considers two main blocks of NRTPs, namely ‘Generalized System of Preferences’ (GSP) programs and ‘other trade preferences programs’. The analysis ...... hiện toàn bộ
Microdata analysis about the effects of health status and bequest motive on the elderly household assets in Japan
International Journal of Economic Policy Studies - - 2021
Koji Yasuda
This study develops a life-cycle model of bequest motive and analyses the determinants of asset accumulation of elderly people in Japan with microdata. This study analyses the health situation of each elderly person using microdata. In this context, health status means a proxy variable of expected life expectancy of an elderly person. It empirically shows that health status and bequest motives pro...... hiện toàn bộ
Market Reaction to Announcements of Share-Based Payment
International Journal of Economic Policy Studies - Tập 4 - Trang 129-139 - 2009
Grace M. Liao, Chilin Lu, Y. W. Chen
Taiwan’s Financial Accounting Standard does not align regulations with International Accounting Standards (IAS) in treatment of stock bonus paid to employees before 2008. IAS treats stock compensation as expense but Taiwan-listed companies recognized share-based compensation awards as allocation of retained earnings before 2008. To align with IAS, Taiwan’s SFAS No. 39 provides an accounting standa...... hiện toàn bộ
Preface to the special feature on energy market reform
International Journal of Economic Policy Studies - Tập 13 - Trang 1-2 - 2018
Takashi Yanagawa
Relative role of external debt, FDI, and domestic investment in economic growth: evidence from Sri Lanka
International Journal of Economic Policy Studies - Tập 15 - Trang 329-347 - 2021
Biswajit Maitra
External financial capital is inevitable for economic growth and the development of developing countries. In the case of Sri Lanka, some recent studies prove that the growing accumulation of external debt is detrimental to growth. Besides, the inflow of foreign direct investment (FDI) is not enough and limited to a few sectors of the economy. The accumulation of domestic capital is sluggish. Under...... hiện toàn bộ
Exhaustible resource use under endogenous time preference
International Journal of Economic Policy Studies - - 2023
Akira Maeda, Makiko Nagaya
AbstractThis paper revisits a classical economic topic of exhaustible resource use on the basis of recent developments in time preference and discount factor models. An analysis of the effects of endogenous time preferences on the dynamic properties of resource use is conducted, contrasting the classical Hotelling results. More specifically, we develop an analytica...... hiện toàn bộ
Ownership structure of nuclear power plants for fair competition and efficiency: private low-cost access versus public ownership
International Journal of Economic Policy Studies - Tập 17 - Trang 307-330 - 2022
Yusuke Ikuta, Takashi Yanagawa
When the retail electricity market is liberalized, the incumbent firm has cost advantage over new entrants. This situation harms fair competition. To level the playing field, the entrant should also have access to low-cost generation. In this paper, we study how to utilize cost advantageous plant which is unevenly distributed in the context of electricity industry. We compare two scenarios. In the...... hiện toàn bộ
Non-traditional monetary policy and the future of the financial industries
International Journal of Economic Policy Studies - Tập 15 - Trang 5-21 - 2020
Willem Thorbecke
This paper investigates how expansionary monetary policy after the Global Financial Crisis (GFC) has affected the U.S. banking sector. In response to the GFC, the Federal Reserve first lowered the overnight federal funds rate from 5.25% in August 2007 to zero in December 2008. It then turned to quantitative easing, purchasing housing agency debt, mortgage-backed securities, and longer-term Treasur...... hiện toàn bộ
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