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We consider the situation in which there are multiple proxies for one unobserved explanatory variable in a linear regression and provide a procedure by which the coefficient of interest can be extracted "post hoc" from a multiple regression in which all the proxies are used simultaneously. This...
Persistent link: https://www.econbiz.de/10005407980
As of January 1, 2005, all developing country members of the WTO are required to implement the WTO Agreement on Trade Related Intellectual Property Rights (TRIPS). We analyze the issue of access to patented medicine to treat global and neglected diseases in developing countries in the context of...
Persistent link: https://www.econbiz.de/10005561030
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