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Lindbeck, Assar - CESifo - 2008

This paper analyzes economic-social interaction in China in connection with the country’s change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...

Persistent link: https://www.econbiz.de/10005406215

Beyond the Salassa-Samuelson Effect in some New Member States of the European Union

García-Solanes, José; Sancho-Portero, Francisco I.; … - CESifo - 2007

This paper analyses the Balassa and Samuelson hypothesis in two groups of European countries: six New Member States (NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, does not hold...

Persistent link: https://www.econbiz.de/10005416475

Does an R&D Tax Credit Affect R&D Expenditure? The Japanese R&D Tax Credit Reform in 2003

Kasahara, Hiroyuki; Shimotsu, Katsumi; Suzuki, Michio - CESifo - 2013

To what extent does a tax credit affect firms’ R&D activity? What are the mechanisms? This paper examines the effect of R&D tax credits on firms’ R&D expenditure by exploiting the variation across firms in the changes in the eligible tax credit rate between 2000 and 2003. Estimating the...

Persistent link: https://www.econbiz.de/10010877675

The Signalling Channel of Central Bank Interventions: Modelling the Yen / US Dollar Exchange Rate

Chen, Yu-Fu; Funke, Michael; Glanemann, Nicole - CESifo - 2011

This paper presents a theoretical framework analysing the signalling channel of exchange rate interventions as an informational trigger. We develop an implicit target zone framework with learning in order to model the signalling channel. The theoretical premise of the model is that interventions...

Persistent link: https://www.econbiz.de/10009324091

Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake

Rudolph, Sven; Schneider, Friedrich - CESifo - 2011

’ energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from …, we ask what the political reasons for the failure of carbon markets in Japan are and how they can be overcome. We use … Public Choice arguments, but also analyze actual climate policy making in Japan on a case study basis. Thus, on the one hand …

Persistent link: https://www.econbiz.de/10009364314

'By a Silken Thread': Regional Banking Integration and Pathways to Financial Development in Japan's Great Recession

Hoffmann, Mathias; Okubo, Toshihiro - CESifo - 2013

How do financial development and financial integration interact? We focus on Japan’s Great Recession after 1990 to … reference to prefectures’ different historical pathways to financial development. After Japan’s opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …

Persistent link: https://www.econbiz.de/10010607005

Economy Wide Impact of the Trade Integration between Japan and India: A Computable General Equilibrium Analysis

Bhattacharyay, Biswa Nath; Mukhopadhyay, Kakali - CESifo - 2013

Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The …, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … India and Japan in 2020 after tariff reduction compared to Business as Usual (BAU) scenario. A marginal export growth is …

Persistent link: https://www.econbiz.de/10010732348

Exchange Rate Pass-Through in the Deflationary Japan: How Effective is the Yen’s Depreciation for Fighting Deflation?

Fujii, Eiji - CESifo - 2004

There is an increasing endorsement for the yen’s depreciation as a means to fight the ongoing deflation in Japan. The …

Persistent link: https://www.econbiz.de/10005766039

Significance of Development Stage Theory for Explaining Industrial Growth Pattern between Asian NICs and Selected Advanced Economies

Nam, Chang Woon - CESifo - 2002

, Singapore and Taiwan — achieved remarkable annual GDP growth. In these countries the overall economic performance was … like Japan, West Germany and the US. …

Persistent link: https://www.econbiz.de/10005766048

Will Stability Last?

Martin, William; Rowthorn, Robert - CESifo - 2004

the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …

Persistent link: https://www.econbiz.de/10005766258

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