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»Deflation«, »Kreditklemme« und »Bankenkrise« waren die Schlagworte in derFinanzpresse des Jahres 2003. Insbesondere hier zu Lande wurde über Monate in den Medien davon gesprochen, dass sich Deutschland in der japanischen Malaise befände. In ihrem Beitrag gehen Prof. Dr. Stephan Paul,...
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prefectures. Furthermore, the intra-Japan Penn effect is driven essentially by prices of nontradables. The effect is also found … within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa …
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To control for product quality and exchange rate effects, we use the Japanese regional data to study the Penn effect – the positive relationship between price and income levels. Comparable with the evidence from international data, the Penn effect is significant in the Japanese prefectural...
Persistent link: https://www.econbiz.de/10013065291
In this paper, we investigate changes in the impacts of world crude oil prices on domestic prices in Japan. First, we …
Persistent link: https://www.econbiz.de/10013145009