Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …

economics to build a Törnqvist inflation index for Japan between 1989 and 2010. Our comparison of this true inflation index with …Official price indexes, such as the CPI, are imperfect indicators of inflation calculated using ad hoc price formulae … different from the theoretically well-founded inflation indexes favored by economists. This paper provides the first estimate of …

aggregate loan movements in Japan for the period 1990 to 2010 into bank, firm, industry, and common shocks. The high degree of …

Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a …

2 percent per year. This overstatement in the Japanese CPI in combination with Japan's low inflation rate is likely to …. Little attention is paid in Japan to substitution biases and quality upgrading. This implies that important methodological … differences have emerged between the U.S. and Japan since the U.S. started to correct for these biases in 1999. We estimate that …

, but not for other goods. E-commerce also lowered relative inflation rates for goods sold intensively online. We overcome …