How do financial development and financial integration interact? We focus on Japan's Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …

This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model … reductions in the costs of NTBs. This approach yields long-run welfare effects for Japan of about 18 bn. USD per year (0.31% of …

the two World Wars. This paper focuses on Japan, which as a minor participant, was not directly affected by World War I … interventions (NPIs) in determining the economic impact of the pandemic. We do so by focusing on the production and employment in … Japan was at the time). We investigate the role of NPIs in ameliorating the economic costs for the sector during the …