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This paper analyzes spectrum management practices in the Philippines. The regulatory body allocates available spectrum via an administrative approach which lacks transparency and due process. The paper recommends that the regulatory body adopts the auction method in allocating spectrums which is more transparent, fair, and cost-effective if a suitable design is adopted.
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A scholarly article by author Jason C. Patalinghug, published in the Journal of Applied Business and Economics
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This article extends the literature on the financial performance of real estate investment trusts (REITs) by examining whether U.S. REIT returns are impacted by global REITs and other real estate subsectors, such as the U.S. Real Estate Index (USRE) and the U.S. Mortgage Finance Index (USMF). The authors also explore the issue of volatility transmission and the asymmetric effect of volatility spillover on U.S. REIT returns from innovations originating in other real estate subsectors and Global REITs. Results suggest that U.S. REITs are impacted by USRE and USMF returns. There is also evidence of volatility spillover from key real estate constituents-that is, USRE and USFM returns and global REIT markets. These results can be attributed to the changing dynamics of the real estate sector and the gradual integration of the global real estate sector as an asset class. These findings have strong implications for constructing global portfolios including REITs.
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The United States spends nearly twice as much per capita on health care as several OECD countries. Based on previous research, universal health care decreases the total health care expenditure due to the single-payer system; it is still unknown whether a mixed health care system has superiority. In this study, we compare and evaluate both quality of care and administrative costs among six developed countries, upon three groups: single-payer universal health care system (Australia and Canada), two-tier health care system (France and Japan), and insurance mandate health care system (Switzerland and the US). The results show that both single-payer system and two-tier system are superior to insurance mandate system on health insurance administration costs. Also, regarding insurance mandate system, the healthcare system in Switzerland is more efficient than that in the US. So, we conclude that it is possible for the US to choose a diverse healthcare system, instead of focusing on one system, to trim the healthcare administration cost and improve the quality of care for the entire country.
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