Showing 1 - 10 of 67
The tax office wins most cases in Japan. We think about why this might be. We find that although judges who rule in …
Persistent link: https://www.econbiz.de/10005076631
Conviction rates in Japan exceed 99 percent -- why? On the one hand, because Japanese prosecutors are badly …
Persistent link: https://www.econbiz.de/10005076633
This paper examines the exchange rate pass-through to yen based manufactured import prices of Japan using asymmetric … shown that the recession in Japan in the 1990s has significantly affected the exchange rate passthrough relationship …
Persistent link: https://www.econbiz.de/10005124902
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
-endowment based trade and economic ties with the secondary advanced economy (first the U.S. and then Japan) played important roles in … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
common market among ASEAN, China, South Korea, and Japan by establishing a free trade area covering the entire region. As the … two major countries in the region, in the arrangement, China and Japan would have centered roles in promoting economic … cooperation in East Asia. However, it is practically impossible to decide either China or Japan is capable of taking the …
Persistent link: https://www.econbiz.de/10005408050
Although the executive branch appoints Japanese Supreme Court justices as it does in the United States, a personnel office under the control of the Supreme Court rotates lower court Japanese judges through a variety of posts. This creates the possibility that politicians might indirectly use the...
Persistent link: https://www.econbiz.de/10005412525
technique of business cycle accounting (BCA) and some new evidence from Japan. BCA technique enables us to model the economy as … Japan during the period 1980 to 2000, I find that though technology shocks play an important role in propagating market …
Persistent link: https://www.econbiz.de/10005412733
There is no debate amongst economists that Japan performed poorly during the1990s. This can be seen in falling growth … 1990s. So, any model that tries to focus on what went wrong in Japan in 1990s would do well to focus on frictions on …
Persistent link: https://www.econbiz.de/10005412818
This paper tries to find a widely accessible measure of liquidity and studies its impact on asset pricing. Using trading turnover as a measure of liquidity and the 1976-1993 Tokyo Stock Exchange data, I find that, cross-sectionally, stocks with higher turnover tend to have a lower expected...
Persistent link: https://www.econbiz.de/10005413235