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Eurosclerosis or Financial Collapse: Why Did Swedish Incomes Fall Behind?

Cerra, Valerie; Saxena, Sweta C. - EconWPA - 2005

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to “eurosclerosis” or sluggish growth caused by distortionary policies. This paper argues rather, that the...

Persistent link: https://www.econbiz.de/10005126428

Aggregate Scale Economies, Market Integration, and Optimal Welfare State Policy

Molana, Hassan; Montagna, Catia - EconWPA - 2005

Using a two-sector-two-country model with aggregate scale economies and unionisation, we show that optimal welfare state policy entails positive levels of unemployment benefits under free-trade and capital mobility. In this setting, economic integration does not reduce the revenue raising...

Persistent link: https://www.econbiz.de/10005408070

Aggregate Scale Economies, Market Integration and Optimal Welfare State Policy

Molana, Hassan; Montagna, Catia - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005556463

Why the Japanese Taxpayer Always Loses

Ramseyer, J. Mark; Rasmusen, Eric - EconWPA - 1999

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

Why Is the Japanese Conviction Rate So High?

Ramseyer, J. Mark; Rasmusen, Eric - EconWPA - 1999

Conviction rates in Japan exceed 99 percent -- why? On the one hand, because Japanese prosecutors are badly …

Persistent link: https://www.econbiz.de/10005076633

Exchange Rate Pass-Through to Manufactured Import Prices: The Case of Japan

Wickremasinghe, Guneratne Banda; Silvapulle, Param - EconWPA - 2004

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

Monitoring Banking Sector Fragility

Kibritcioglu, Aykut - EconWPA - 2002

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

Factor Endowments, Trade Direction, and Growth Performances of the Americas and East Asia in the Nineteenth and Twentieth Centuries

Lai, Hongyi Harry - EconWPA - 1997

-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

A Comprehensive Analysis of Economic Community in East Asia: Japan's Leadership in the Regional Development on both Economic and Financial Sides

Kitagawa, Masaomi - EconWPA - 2005

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

The Case for Managed Judges: Learning from Japan after the Political Upheaval of 1993

Ramseyer, J. Mark - EconWPA - 2005

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