Showing 1 - 10 of 430
The objective of this paper is twofold. First, this paper emphasizes that in a parliamentary system, such as in Japan … growth in Japan. Evidence suggests that although blatant policies, such as a beggar-thy-neighbor policy, were not adopted, a …
Persistent link: https://www.econbiz.de/10014153997
United States relative to Japan. High productivity growth in the traded sector of the Japanese economy results in a … continuous fall in the prices of traded goods relative to nontraded goods in Japan. In order to keep U.S. traded goods …
Persistent link: https://www.econbiz.de/10014157561
Altruism has the well-known neutrality implication that the family's demand for commodities is invariant to the division of resources within the family. We test this by estimating Engel curves on a cross-section of Japanese extended families forming two- generation households. We find that the...
Persistent link: https://www.econbiz.de/10014158467
This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth. The links are all demonstrated with neoclassical growth models developed in the context of trade models that allow for imperfect competition and scale economies. This sort of...
Persistent link: https://www.econbiz.de/10014158621
movements remain an empirical question. Using detailed data from the United States, Canada, the United Kingdom, and Japan we …
Persistent link: https://www.econbiz.de/10014158798
This paper provides a large scale, empirical evaluation of unintended effects from invoking the precautionary principle after the Fukushima Daiichi nuclear accident. After the accident, all nuclear power stations ceased operation and nuclear power was replaced by fossil fuels, causing an...
Persistent link: https://www.econbiz.de/10014103500
1990. Since 2009, major advanced countries have shared conditions (1)-(3). Only Japan has experienced a prolonged period of … (4) deflation. A closer examination of how Japan got into the Japanization state reveals that it is a combination of (a …
Persistent link: https://www.econbiz.de/10012999465
2011 Great East Japan Earthquake. Exploiting the panels of nationally representative surveys on risk preferences, we find …
Persistent link: https://www.econbiz.de/10013004122
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the …
Persistent link: https://www.econbiz.de/10012947025
Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
Persistent link: https://www.econbiz.de/10012947026