This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to … evidence against Sharpe-Lintner CAPM is found mainly during the recent financial crisis. Furthermore, a strong negative …

countries, plus the US and Japan. Main findings include a high degree of regulation in wage setting in most countries. Although …

are critical in accounting for the differences in size distribution between the U.S. and Japan. …

-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is … core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were … remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession …

and Japan to investigate whether these behaviors in middle and high school are affected by the gender composition of … males and for females in the US and the probability of sport participation for males in Japan. We also find that parental … education matters more for these behaviors in the US than in Japan, and that in the latter country the oldest son or daughter …