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Protective Trade Policies 'Reduce' Employment : A Dynamic Optimization Approach

Ono, Yoshiyasu - 2006

Using a competitive two-country two-commodity monetary model with optimizing agents in which persistent unemployment arises, this paper examines the effects of trade restrictions on consumption and employment in the two countries. When facing unemployment, a country tends to impose an import...

Persistent link: https://www.econbiz.de/10012733712

A currency union in East Asia

Lee, Jong-Wha; Park, Yung Chul; Shin, Kwanho - 2003

This paper investigates prospects of a currency union in East Asia, focusing on trade and financial integration occurring in the region. We find, based on a dynamic factor model, regional common shocks have been quantitatively important for output variations in the Asian economies. We expect...

Persistent link: https://www.econbiz.de/10010332289

Trade integration and business cycle synchronization in East Asia

Shin, Kwanho; Wang, Yunjong - 2003

As trade integration deepens in East Asia, it is expected that there will be closer links in business cycles among East Asian countries. Theoretically, however, increased trade can lead business cycles across trading partners to shift in either direction: while inter-industry trade resulting in...

Persistent link: https://www.econbiz.de/10010332426

The byrd amendment as facilitating a tacit international business collusion

Ogawa, Yoshitomo; Ono, Yoshiyasu - 2006

We analyze the effect of the Byrd Amendment, which amended the US Tariff Act of 1930 to allow revenue from antidumping duties to be distributed to domestic import-competing firms. In an international duopoly framework it is shown that it urges the home firm to restrict output so that the foreign...

Persistent link: https://www.econbiz.de/10010332433

The impact of intergenerational transfers on the distribution of wealth: An international comparison

Horioka, Charles - 2024

In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the … United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been …

Persistent link: https://www.econbiz.de/10015070342

Preference for young workers in mid-career recruiting using online ads for sales jobs: Evidence from Japan

Zvedelikova, Mirka - 2022

This study uses an original dataset of online mid-career job ads for full-time sales jobs collected from July 2018 to December 2019 to examine the use of explicit and implied age limits on job applicants and characteristics of companies that set them. Although Japanese law prohibits age...

Persistent link: https://www.econbiz.de/10014540450

Does probation lead to higher starting wage? Evidence from Japanese online job ads

Zvedelikova, Mirka - 2024

Firms commonly use probation to evaluate new hires before making long-term commitments. Workers accepting jobs with a high initial risk of dismissal may expect compensation for this risk. Utilizing an original dataset of Japanese online job ads, this study employs propensity score matching and...

Persistent link: https://www.econbiz.de/10015054225

Why do children take care of their elderly parents? Are the Japanese any different?

Horioka, Charles Yuji; Gahramanov, Emin; Hayat, Aziz; … - 2016

In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a "contest success function" and test this model using micro data from a Japanese household survey,...

Persistent link: https://www.econbiz.de/10011564951

Are the Japanese unique? Evidence from household saving and bequest behavior

Horioka, Charles Yuji - 2016

Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that … their children than other peoples, suggesting that the alleged social norm of strong family ties in Japan is largely a myth …

Persistent link: https://www.econbiz.de/10011564954

The wealth decumulation behavior of the retired elderly in Japan: The relative importance of precautionary saving and bequest motives

Niimi, Yoko; Horioka, Charles - 2018

This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving … burden of parental care may also affect the wealth decumulation behavior of the retired elderly in Japan. Given that parental …

Persistent link: https://www.econbiz.de/10012013653