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Was Stalin Necessary for Russia’s Economic Development?
Cheremukhin, Anton; Golosov, Mikhail; Guriev, Sergei; … - C.E.P.R. Discussion Papers - 2013
: comparison with Japan, comparison with the New Economic Policy (NEP), and assuming alternative post-1940 growth scenarios. …
Persistent link: https://www.econbiz.de/10011083670
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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 …
Persistent link: https://www.econbiz.de/10011083906
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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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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
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Exports and Financial Shocks
Amiti, Mary; Weinstein, David E. - C.E.P.R. Discussion Papers - 2009
A striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether the drying up of trade finance can help explain the large drops in exports relative...
Persistent link: https://www.econbiz.de/10008557011
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Trade in the Triad: How Easy is the Access to Large Markets?
Fontagne, Lionel; Mayer, Thierry; Zignago, Soledad - C.E.P.R. Discussion Papers - 2004
called the Triad: The United States, the EU and Japan. We focus on measuring possible asymmetries in market access between …
Persistent link: https://www.econbiz.de/10005504710