Showing 1 - 10 of 13
between China and the United States from both an asset-market and a labor-market perspective, and compare this to Japan …
Persistent link: https://www.econbiz.de/10010263911
This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. We divide each firm's investment total into a sequence of individual investment decisions and analyze how firm-specific characteristics affect each decision....
Persistent link: https://www.econbiz.de/10010264039
Intervening in the FX market implies a complex decision process for central banks. Monetary authorities have to decide whether to intervene or not, and if so, when and how. Since the successive steps of this procedure are likely to be highly interdependent, we adopt a nested logit approach to...
Persistent link: https://www.econbiz.de/10010264054
Few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan … policy after the shift of Japan from a fixed to a floating exchange rate regime. The econometric estimations allow for regime … soften the appreciation pressure by interest rate cuts have led Japan into the liquidity trap. …
Persistent link: https://www.econbiz.de/10010264171
. These two effects are tested against each other in a cointegration analysis for Japan and the US from 1957 until 1997 …
Persistent link: https://www.econbiz.de/10010264264
. These results are interesting not only for Japan, but also for other advanced economies where monetary policy is currently …
Persistent link: https://www.econbiz.de/10010274778
the U.S. and Japan across seven sectors. Ignoring parameter heterogeneity results in far riskier credit portfolios. …
Persistent link: https://www.econbiz.de/10010276169
constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan – at different points of time – self-fulfilling runs …
Persistent link: https://www.econbiz.de/10011480485
employments in 19th-century Japan permits us to apply this approach to answer the following counterfactual: What factor … 1865-1876? Over the entire period, we find that trade was revealed to be equivalent to a 5.5% increase in Japan's female …
Persistent link: https://www.econbiz.de/10010283601
-memory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries such as Spain …
Persistent link: https://www.econbiz.de/10010288467