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An Output Perspective on a Northeast Asia Currency Union

Cheung, Yin-Wong; Yuen, Jude - 2021

The prospect of creating a currency union consisting of China, Japan, and Korea is evaluated using output data. After a …

Persistent link: https://www.econbiz.de/10013319088

Macroeconomic Effects of Government Spending Shocks : New Evidence Using Natural Disaster Relief in Korea

Yang, Weonho - 2012

We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...

Persistent link: https://www.econbiz.de/10013100013

Security of Property as a Public Good : Institutions, Socio-Political Environment and Experimental Behavior in Five Countries

Campos-Ortiz, Francisco; Putterman, Louis G.; Ahn, T. K.; … - 2021

We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...

Persistent link: https://www.econbiz.de/10013315835

Exchange Rate Pass-Through in the Deflationary Japan: How Effective is the Yen’s Depreciation for Fighting Deflation?

Fujii, Eiji - CESifo - 2004

There is an increasing endorsement for the yen’s depreciation as a means to fight the ongoing deflation in Japan. The …

Persistent link: https://www.econbiz.de/10005766039

Significance of Development Stage Theory for Explaining Industrial Growth Pattern between Asian NICs and Selected Advanced Economies

Nam, Chang Woon - CESifo - 2002

like Japan, West Germany and the US. …

Persistent link: https://www.econbiz.de/10005766048

Will Stability Last?

Martin, William; Rowthorn, Robert - CESifo - 2004

the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …

Persistent link: https://www.econbiz.de/10005766258

Firm-Specific Characteristics and the Timing of Foreign Direct Investment Projects

Raff, Horst; Ryan, Michael - CESifo - 2006

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...

Persistent link: https://www.econbiz.de/10005181328

A Role Model for China? Exchange Rate Flexibility and Monetary Policy in Japan

Schnabl, Gunther; Danne, Christian - CESifo - 2007

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/10005405989

Hong Kong Output Dynamics : An Empirical Analysis

Cheung, Yin-Wong - 2021

Advanced statistical techniques are used to analyze Hong Kong output dynamics. Hong Kong, Japan and the U.S. are found …

Persistent link: https://www.econbiz.de/10013321022

Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake

Rudolph, Sven; Schneider, Friedrich - CESifo - 2011

’ energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from …, we ask what the political reasons for the failure of carbon markets in Japan are and how they can be overcome. We use … Public Choice arguments, but also analyze actual climate policy making in Japan on a case study basis. Thus, on the one hand …

Persistent link: https://www.econbiz.de/10009364314