This paper aims to shed light on the systemic nature of liquidity risk and to propose a method for calculating systemic liquidity shortages. Our method incorporates not only direct liquidity shortages but also indirect liquidity shortages due to the knock-on effects through interbank linkages....

Data from a stated preference survey of anglers who fished in marine waters off the Kenai Peninsula, Alaska, are used to model angler participation, angler welfare, and regional economic activity. The probability of taking a sportfishing trip is represented as a nonlinear function of predictable...

Results of a postal survey of participants in the 1997 central and lower Cook Inlet saltwater halibut and salmon sport fisheries are reported and compared with the results of the 1997 Alaska Department of Fish and Game (ADF&G) statewide sportfishing harvest survey and the 1998 ADF&G saltwater...

Forecasts of the regional economic impacts of changes in the demand for recreation occasioned by regulatory changes, changes in the quality of the recreation experience, or changes in average trip costs require a model that links changes in these trip attributes to individual participation...

Changes in sportfishing trip attributes such as cost, harvest regulations, environmental quality, and resource abundance, affect both the expected net benefits associated with a fishing trip and participation decisions. The ability to estimate both of these is important for various types of...

As a result, it is necessary to look at the factors affecting the low inflation rate, as the ripple effects on the overall economy may vary depending on the causes. In this article, I will look at recent price trends and analyze the long-term (structural) and short-term factors that affect inflation