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Open AccessCorrection: Impacts of demand and supply-side interventions on South Korea’s housing markets: a dynamic housing-CGE analysis
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Article
Open AccessImpacts of demand and supply-side interventions on South Korea’s housing markets: a dynamic housing-CGE analysis
This paper examines the impacts of housing market policies in Korea by develo** a dynamic computable general equilibrium model integrating regional housing markets and multiregional mobility. We compare simu...
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Article
How regional economic structure matters in the era of COVID-19: resilience capacity of U.S. states
The COVID-19 pandemic is an unexpected-extreme event and has considerably impacted the national and regional economies. This paper emphasizes the importance of industrial structure for a region’s resistance to...
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Government Intervention in Real Estate Market: Is Tax Reform Effective in Seoul Housing Market?
This paper develops a dynamic economic analysis of fiscal housing policy effects on the housing market in Korea. The analytical framework integrates a standard Computable General Equilibrium (CGE) model with a...
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Article
US immigration policy and brain waste
The US H-1B visa for highly skilled immigrant labor and the accompanying H-4 visa for their dependents lead to structural constraints that exclude dependents from the labor force. This paper investigates the e...
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Chapter
Retirement, Relocation, and Residential Choices
In today’s aging societies, a good deal of the older population is faced with the decision of when to exit the labor force. The decision is often made jointly with a locational choice and a choice about housin...
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Baby Boomers’ Paths into Retirement
Baby boomers—comprised of persons born between 1946 and 1964—made up almost one-third of the US population in 2010, the year that the first baby boomers reached retirement age. The baby boom generation is incr...
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Spatial Agglomeration and Firm Performance in Korean Manufacturing Industry, 2012
This study tries to answer whether agglomeration economies lead to better firm performance or not. By adopting the random-intercept-multilevel model for 2012 Korean manufacturing data, we suggest an econometri...