taken into account. Comparisons of Engel curves are also made to households in Great Britain and Germany. Results from …

subsidies on retirement, savings and housing choices in the two countries. Germany faces a particularly pronounced aging process … percent at its peak in 2030. In this respect, changes that are occurring in Germany now may be regarded as indicative for … changes to come in the United States. Retirement, savings and housing behavior differ quite markedly between Germany and the …

, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period … prospects. And, rather than seeing the real wage per unit of human capital fall, the West and Japan see it rise by one fifth by …

Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and …. The most striking contrast in the outcomes of policy is between Japan and Germany in the second oil shock. Both their … Bundesbank and the Bank of Japan each focus on one money target, described by the Bundesbank as a target, and by the Bank of …

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring …

This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … catching-up to the United States by France and Japan after WW2, that stopped in the case of Japan during the 1990s. Capital …

empirical characterization of price and wage changes over the last century in the U.S., U.K., and Japan, in order to demonstrate … phenomenon rather than the universal fact implied by Okun. The results for the U.K. and Japan com- pound the conflict with Okun … particularly flexible in the U.S. during World War I and its aftermath, in Japan since 1914, and in the U.K. since the mid-1950s …