Showing 1 - 10 of 346
particularly concerning in Japan, where the success of Abenomics depends on a transition from stimulus-driven to self …
Persistent link: https://www.econbiz.de/10013028683
After a decade of rapid growth, industrialization has lost ground with shrinking manufacturing sector and high informality in Sub-Saharan Africa (SSA). This paper explores how land market and labor regulations affect factor allocative efficiency and firm performance in SSA. Using pooled data on...
Persistent link: https://www.econbiz.de/10012912482
Existing economic indicators and indexes assess economic activity but no single indicator measures the general macro-economic performance of a nation, state, or region in a methodologically simple and intuitive way. This paper proposes a simple, yet informative metric called the Economic...
Persistent link: https://www.econbiz.de/10013072605
Against the backdrop of an ongoing review of the inflation-targeting framework, this paper examines the real-time inflation forecasts of the Bank of Canada with the aim of identifying potential areas for improvement. Not surprisingly, the results show that errors in forecasting non-core...
Persistent link: https://www.econbiz.de/10012860993
In the early 1870s, the global monetary system transitioned from bimetallism—a regime in which gold and silver currencies were tied at quasi-fixed exhange ratios—to the gold standard that was characterized by the use of (only) gold as the main currency metal by the largest and most advanced...
Persistent link: https://www.econbiz.de/10014081241
Japan's potential growth rate is steadily falling with the aging of its population. This paper explores the extent to … participating in the workforce in Japan. First, few working women start out in career-track positions, and second, many women drop … out of the workforce following childbirth. To increase women's attachment to work Japan should consider policies to reduce …
Persistent link: https://www.econbiz.de/10013098560
In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young …
Persistent link: https://www.econbiz.de/10013098611
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10013098618
A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using …
Persistent link: https://www.econbiz.de/10013098633
This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United … higher taxes and fees. Overall, average lending rates in the base case would rise by 18 bps in Europe, 8 bps in Japan, and 28 …
Persistent link: https://www.econbiz.de/10013099136