Similar Search Results

Do excessive wage increases raise imports? : theory and evidence

Malley, James R.; Moutos, Thomas - 2001

This paper uses a model of trade in vertically differentiated products to examine the effects of excessive wage increases (i.e. above productivity) on the volume of commodity imports. The model predicts that for commodities, in which the country has comparative advantage in high quality...

Persistent link: https://www.econbiz.de/10011398637

Long-Term Employment and Job Security Over the Last Twenty-Five Years : A Comparative Study of Japan and the U.S

Kambayashi, Ryo - 2011

-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is … core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were … remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession …

Persistent link: https://www.econbiz.de/10013117406

Good Jobs, Bad Jobs, and the Great Recession : Lessons from Japan's Lost Decade

Kambayashi, Ryo - 2012

-term consequences for the labor market structure. To this end, we examine Japan's Lost Decade, the original Great Recession that … during Japan's Lost Decade there was a significant shift of the composition of employment toward "bad jobs." Second, we find … women in Japan made considerable progress in shifting the composition of their employment toward "good jobs" during Japan …

Persistent link: https://www.econbiz.de/10013104368

The Japanese Labour Market During the Global Financial Crisis and the Role of Non-Standard Work : A Micro Perspective

Hijzen, Alexander - 2015

This paper analyses aggregate labour dynamics during the global financial crisis in Japan and the role of nonstandard …

Persistent link: https://www.econbiz.de/10013014011

Economic growth and endogenous fiscal policy : in search of a data consistent general equilibrium model

Malley, James R.; Philippopulos, Apostolēs - 2000

explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the … is necessary to formally test the models' theoretical restrictions. In West Germany and Japan there is evidence that the …

Persistent link: https://www.econbiz.de/10009781505

Vertical product differentiation and the import demand function : theory and evidence

Malley, James R.; Moutos, Thomas - 2000

hypotheses in the data for Germany, Japan and the United States. …

Persistent link: https://www.econbiz.de/10009781661

Trends in Worker Displacement Penalties in Japan : 1991-2005

Bognanno, Michael L.; Kambayashi, Ryo - 2021

We examine the period from 1991 to 2005 to document the effects of a changing Japanese labor market on trends in the cost of job change. During this period, job change penalties and the extent to which they were age-related grew. Evidence is also found of a diminishing specificity in human...

Persistent link: https://www.econbiz.de/10013316880

The Minimum Wage in a Deflationary Economy : The Japanese Experience, 1994-2003

Kambayashi, Ryo - 2010

The statutory minimum wage has steadily increased for decades in Japan, while the median wage has fallen nominally …

Persistent link: https://www.econbiz.de/10013141769

Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe

Leith, Campbell B.; Malley, James R. - 2002

A persistent criticism of general equilibrium models of monetary policy which incorporate nominal inertia in the form of the New Keynesian Phillips Curve (NKPC) is that they fail to capture the extent of inflation inertia in the data. In this paper we derive a general equilibrium model based on...

Persistent link: https://www.econbiz.de/10011409738