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Impoverished, but Numerate? Early Numeracy in East Asia (1550–1800) and its Impact on 20th and 21st Century Economic Growth
Baten, Jörg; Sohn, Kitae - C.E.P.R. Discussion Papers - 2014
period 1550–1630. We add evidence from Japan and China from the early modern period until 1800 to obtain a human capital …This paper first draws on a unique data set, hojok (household registers), to estimate numeracy levels in Korea from the …
Persistent link: https://www.econbiz.de/10011083906
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Industrial Organization and Trade Liberalization: Evidence from Korea
de Melo, Jaime; Roland-Holst, David - C.E.P.R. Discussion Papers - 1990
returns to scale (IRTS) in selected industrial sectors in order to estimate the welfare gains Korea would achieve from …
Persistent link: https://www.econbiz.de/10005662390
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Determinants of Korean Trade Flows and their Geographical Destination
Giorgianni, Lorenzo; Milesi-Ferretti, Gian Maria - C.E.P.R. Discussion Papers - 1997
This paper investigates the behaviour of Korean trade flows during the last three decades, and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables, and assesses the relative merits of these alternative...
Persistent link: https://www.econbiz.de/10005497842
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Japan And The Great Divergence, 725-1874
Bassino, Jean-Pascal; Broadberry, Stephen N; Fukao, Kyoji; … - C.E.P.R. Discussion Papers - 2015
. However, Japan started at a lower level than Britain and grew more slowly until the Meiji Restoration. …
Persistent link: https://www.econbiz.de/10011272718
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A Peek Inside The Black Box: The Monetary Transmission Mechanism In Japan
Bayoumi, Tamim; Morsink, James - C.E.P.R. Discussion Papers - 2000
This paper uses vector autoregressions to examine the monetary transmission mechanism in Japan. The empirical results …
Persistent link: https://www.econbiz.de/10005666763
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Should We be Afraid of Friedman's Rule?
Uhlig, Harald - C.E.P.R. Discussion Papers - 2000
Should one think of zero nominal interest rates as an undesirable liquidity trap or as the desirable Friedman rule? I use three different frameworks to discuss this issue. First, I restate Cole and Kocherlakota's (1998) analysis of Friedman's rule: short run increases in the money stock -...
Persistent link: https://www.econbiz.de/10005788876
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Productivity, Wages and Prices Inside and Outside of Manufacturing in the US, Japan and Europe
Gordon, Robert J - C.E.P.R. Discussion Papers - 1986
. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies … indices for Japan and Europe. If anything, real wages in Europe and Japan were too flexible rather than too rigid, in the … sense that much of the increase in wage gap indices in Europe during 1968-70 and in Japan in 1973-74 can be interpreted as …
Persistent link: https://www.econbiz.de/10005789135
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Exchange Rate Protection and Exchange Rate Conflict
Bliss, Christopher; Joshi, Vijay R - C.E.P.R. Discussion Papers - 1987
experiences of Germany and Japan during periods when their exchange rates have apparently been undervalued and the more general …
Persistent link: https://www.econbiz.de/10005791547
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The Great Inflation and Early Disinflation in Japan and Germany
Nelson, Edward - C.E.P.R. Discussion Papers - 2007
This paper considers the Great Inflation of the 1970s in Japan and Germany. From 1975 onward these countries had low … Japan and Germany’s monetary authorities - for example, more willingness to accept temporary unemployment, or stronger …
Persistent link: https://www.econbiz.de/10005791626
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Earnings and Seniority in Japan. A Re-appraisal of the Existing Evidence and a Comparison with the UK
Ariga, Kenn; Brunello, Giorgio - C.E.P.R. Discussion Papers - 1994
Standard estimates of earnings profiles ignore the fact that, with unobserved heterogeneity, cross-section evidence need not reflect the `true' relationship between earnings and tenure. In this paper we argue that the observation of the position filled by an employee in the firm hierarchy is...
Persistent link: https://www.econbiz.de/10005791889