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also uses actual trade data between Japan and Indonesia and between Japan and Korea …
Persistent link: https://www.econbiz.de/10014398066
Persistent link: https://www.econbiz.de/10009488603
We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to … and policy variables. Our analysis suggests that achieving the Bank of Japan's 2 percent inflation target has a positive …
Persistent link: https://www.econbiz.de/10011281935
We trace Japanese corporate investment across different types of firms over the past decades and estimate the main determinants of investment. We find that there are differences in investment behavior between firms expanding abroad and those operating mainly in domestic markets. On the back of a...
Persistent link: https://www.econbiz.de/10011373921
Persistent link: https://www.econbiz.de/10010479433
This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets …, asset prices and inflation. Korea's demographic trends seem to track Japan's with a lag of about 20 years. Low productivity … reforms. While Korea's corporate balance sheets are stronger than Japan's in the early 1990s, Korea needs to progress with the …
Persistent link: https://www.econbiz.de/10011716396
This paper uses vector autoregressions (VARs) to investigate four explanations of the extended slump in Japanese economic activity during the 1990s: the absence of bold and consistent fiscal stimulus; limited room for expansionary monetary policy because of a liquidity trap; asset price...
Persistent link: https://www.econbiz.de/10014403433
As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth …
Persistent link: https://www.econbiz.de/10014403438
With Japan’s public debt reaching historical levels, the need for fiscal consolidation and structural reforms have …
Persistent link: https://www.econbiz.de/10014403687
expectations using asset price data for Japan over the 1980s and 1990s …
Persistent link: https://www.econbiz.de/10014404180