Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production … in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income …

Japan during the postwar period. I postulate a structural autoregressive model that allows for transitory and permanent …

rehabilitate the U.S. banking industry. Many of those strategies were used also in Japan to combat its banking problems in the 1990 … respect to four of the others. So far the U.S. has avoided Japan's problem of having impaired banks prop up zombie firms …

-term interest rate in the U.S. and Japan during the period 1971:1-1989:3. The paper finds that similar variables, including the …

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 …

, 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 …

during the Great Depression illustrates these themes well, and can provide useful lessons for Asia today. This paper reviews …

The Japanese are becoming older. Americans are also becoming older. Demographic stress in Japan, measured by the … dependency ratio (DR), is currently about 0.64. In the immediate pre-WWII era it was even higher because Japan's total fertility … note I simulate the DR under various conditions and make comparisons with the US. Japan has experienced a large increase in …

Japan; adjustment of employment is significantly greater in the United States, while that of average hours is about the same … in the two countries. Although workers in Japan enjoy greater employment stability than do U.S. workers, we find … is borne by production workers. In Japan, female workers, in particular, bear a disproportionate share of adjustment …