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Bilateralism and Regionalism in Japanese and U.S. Trade and Direct Foreign Investment Patterns

Eaton, Jonathan - 2010

region. We find that features of a country associated with more trade with either Japan or the United States also tend to be … associated with more DFI from Japan or the United States. U.S. economic relations with Japan and Western Europe provide an … important exception. Despite U.S. concern about its trade deficit with Japan, we find Japan to be much more open to the United …

Persistent link: https://www.econbiz.de/10012763473

Global Rebalancing with Gravity : Measuring the Burden of Adjustment

Dekle, Robert - 2008

We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the...

Persistent link: https://www.econbiz.de/10012772425

Japanese and U.S. Exports and Investment as Conduits of Growth

Eaton, Jonathan; Tamura, Akiko - 2021

opposite tendency. Taking population, per capita income, factor endowments, and distance into account, we find Japan to be more …

Persistent link: https://www.econbiz.de/10013225821

Unbalanced trade

Dekle, Robert; Eaton, Jonathan; Kortum, Samuel - In: The American economic review 97 (2007) 2, pp. 351-355

Persistent link: https://www.econbiz.de/10003502092

Unbalanced Trade

Dekle, Robert - 2010

wage to fall by around 10 percent relative to the country with the largest surplus (Japan). But the prevalence of nontraded … goods means that the real wage in Japan barely rises while the U.S. real wage falls by less than 1 percent. The geographic …

Persistent link: https://www.econbiz.de/10012760174

On the Adequacy or Inadequacy of Keynesian Balance-of-Payments Theory : A Rejoinder

Buiter, Willem H.; Eaton, Jonathan - 2021

This note again refutes Kuska's proposition that equality between the demand for and supply of money ("money market equilibrium") implies equilibriumin the balance of payments.Indeed, under a regime of fixed exchange rates it is precisely the balance of payments deficit or surplus that...

Persistent link: https://www.econbiz.de/10013230996

Threats and Promises

Eaton, Jonathan - 2011

Global environmental concerns have increased the sensitivity of governments and other parties to the actions of those outside their national jurisdiction. Parties have tried to extend influence extraterritorially both by promising to reward desired behavior and by threatening to punish undesired...

Persistent link: https://www.econbiz.de/10013127720

Tariffs as Insurance : Optimal Commercial Policy When Domestic Markets are Incomplete

Eaton, Jonathan - 2010

Free trade is not optimal for a small country that faces uncertain terms of trade if some factors are immobile - ex post, and markets for contingent claims are incomplete. The government can improve social welfare by using commercial policy that serves as a partial substitute for missing...

Persistent link: https://www.econbiz.de/10012760364

Plants and productivity in international trade

Bernard, Andrew B.; Eaton, Jonathan; Jensen, J. Bradford; … - In: The American economic review 93 (2003) 4, pp. 1268-1290

Persistent link: https://www.econbiz.de/10001799737

Cities and Growth : Theory and Evidence from France and Japan

Eaton, Jonathan; Eckstein, Zvi - 2021

The relative distribution of the populations of the top 40 urban areas of France and Japan remained very constant …

Persistent link: https://www.econbiz.de/10013216864