fluctuation of the growth rate of trade balance is derived. These are the novel features of our model. The export price equation … Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the … and export volume equation are estimated for several Asian countries for the sample period of 1981 to 1996. Results are …

It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite … Japanese firms grew; and (2) the production/trade structure of Japanese electronics companies in Asia in which final products …

economies that export goods to the U.S., Japan, and neighboring countries. The optimality of the exchange rate regime is defined … as minimizing the fluctuation of trade balances, in the environment where the yen-dollar exchange rate fluctuates. Since …

unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a … variety of empirical gravity models to estimate the currency union effect on trade and exports, using recent data which … a smaller trade effect than other currency unions; it has a mildly stimulating effect at best. Third and most …

A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international … trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries … same currency. I find a large positive effect of a currency union on international trade, and a small negative effect of …

examines how the bid-ask spread and conditional volatility in the yen/dollar foreign exchange market changed around the time of … volatility, the deregulation was associated with a convergence of Japanese quoted spreads toward those of other banks. (2 …) Modeling the persistence in volatility reveals that deregulation lowered conditional volatility …

Trade Balance, Retail Sales and Housing start indicators. Second, for most of macroeconomic news items whose surprise … components have return impacts also have impacts on deals and volatility. The announcement itself, in addition to the magnitude … of surprise, is found to increase the deals and price volatility in the immediately after the announcement. In addition …