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We examine the factors that determine the differences in ex ante returns on equities in eleven Pacific Basin countries. Our concern is whether real return differentials are primarily caused by nominal return differentials or expected changes in real exchange rates. We find that nominal return...
Persistent link: https://www.econbiz.de/10012763463
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 …
Persistent link: https://www.econbiz.de/10012778835
Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have been transformed from industry distributions typical of developing countries to distributions more like those of advanced countries. The process of change in most cases started...
Persistent link: https://www.econbiz.de/10013224859
This study examines the relationship between Japan's manufactured exports to individual markets and the economic … in the context of a typical gravity model explaining the cross-country variation of Japan's manufacturing exports. Second …. The level of Japan's manufactured exports to a country is almost always positively related to employment in foreign …
Persistent link: https://www.econbiz.de/10013311624
We use administrative data linking workers and firms to study employer-to-employer flows. After discussing how to identify such flows in quarterly data, we investigate their basic empirical patterns. We find that the pace of employer-to-employer flows is high, representing about 4 percent of...
Persistent link: https://www.econbiz.de/10012772370
This paper uses IRS tax data to evaluate the short- and long-term effects of California's 2004 Paid Family Leave Act (PFLA) on women's careers. Our research design exploits the increased availability of paid leave for women giving birth in the third quarter of 2004 (just after PFLA was...
Persistent link: https://www.econbiz.de/10012860432
Meaningful discussions about women at the top' can take place today only because a quiet revolution occurred about thirty years ago. The transformation was startlingly rapid and was accomplished by the unwitting foot soldiers of an upheaval that transformed the workforce. It can be seen in a...
Persistent link: https://www.econbiz.de/10013236720
The career and family outcomes of college graduate women suggest that the twentieth century contained five distinct cohorts.' Each cohort made choices concerning career and family subject to different constraints. The first cohort, graduating college from the beginning of the twentieth century...
Persistent link: https://www.econbiz.de/10013237282
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10014139637
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong …
Persistent link: https://www.econbiz.de/10013233017