Briefs
The Macroeconomic Aftermath of the Earthquake / Tsunami in Japan?
The unfolding nuclear disaster in Japan makes any assessment of the near term outlook highly speculative. In coming weeks, as data on the extent of damage to Japan and Hawaii’s tourism industry is collected, UHERO will analyze the impact of the crisis on the near term outlook for Hawaii. In this UHERO Brief, UH economist […]
Read MoreUHERO Brief: Honolulu Rail Transit: Do the Benefits Justify the Costs?
Preliminary considerations suggest a high degree of uncertainty about whether the benefits of rail justify the costs. As the conversation about rail costs advances, we should continue to consider the relative size of the benefits.
Read MoreHonolulu Rail Transit: Do the Benefits Justify the Costs?
Preliminary considerations suggest a high degree of uncertainty about whether the benefits of rail justify the costs. As the conversation about rail costs advances, we should continue to consider the relative size of the benefits.
Read MoreUHERO Brief: China’s Real Estate Bubble
What will be the consequences of China’s real estate bubble deflating? One is tempted to equate the Chinese real estate bubble with the U.S. experience, but the differences between the Chinese and American real-estate and financial sectors are striking and will likely lead to a very different, and a much more moderate, outcome.
Read MoreChina’s Real Estate Bubble
What will be the consequences of China’s real estate bubble deflating? One is tempted to equate the Chinese real estate bubble with the U.S. experience, but the differences between the Chinese and American real-estate and financial sectors are striking and will likely lead to a very different, and a much more moderate, outcome.
Read MoreSpecial Report: Maui Construction Jobs Down 12% since March
The momentum created in Maui’s construction sector by soaring median home and condo prices, inexpensive financing, and multiple luxury resort developments has dissipated over the past two years. With the deepening financial crisis and a substantially weaker housing market, employment in the contracting sector on Maui has taken a tumble this year. Because construction has […]
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