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A theoretical framework and empirical evidence are presented to show the connection between community uniform rating and cross-subsidies in earthquake insurance policy in Japan. Cross-subsidies are defined as the difference between a fair actuarial premium and the community uniform rate. The...
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Chapter 1 Introduction: Purpose and Organization of This Book -- Part I Housing Markets and the Macro Economy -- Chapter 2 House-Price Dynamics and Effects on the Macro Economy -- Chapter 3 Housing Market Imperfections and Distortions Resulting from Criteria Based on House Floor Space -- Chapter...
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