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Saving Europe? : The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
Mendoza, Enrique G. - 2014
What are the macroeconomic effects of tax adjustments in response to large public debt shocks in highly integrated economies? The answer from standard closed-economy models is deceptive, because they underestimate the elasticity of capital tax revenues and ignore cross-country spillovers of tax...
Persistent link: https://www.econbiz.de/10013046730
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Are Commodity Futures Prices Barometers of the Global Economy?
Hu, Conghui - 2013
prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …
Persistent link: https://www.econbiz.de/10013071915
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The Economic Burden of Chronic Diseases : Estimates and Projections for China, Japan, and South Korea
Bloom, David E. - 2017
China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular … non-communicable diseases over the period 2010-2030 are $16 trillion for China (measured in real USD with the base year … 2010), $5.7 trillion for Japan, and $1.5 trillion for South Korea. Our results also highlight the limits of cost …
Persistent link: https://www.econbiz.de/10012951354
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Low-Quality Patents in the Eye of the Beholder : Evidence from Multiple Examiners
de Rassenfosse, Gaétan - 2016
office has a greater percentage of mistakenly granted patents than those of Europe, the United States, Korea and China …
Persistent link: https://www.econbiz.de/10012992144
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East Asian Financial and Economic Development
Morck, Randall - 2017
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the … over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance …
Persistent link: https://www.econbiz.de/10012947025
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China's New Regional Trade Agreements
Antkiewicz, Agata; Whalley, John - 2022
This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the …
Persistent link: https://www.econbiz.de/10013308505
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China's New Regional Trade Agreements
Antkiewicz, Agata; Whalley, John - 2010
This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the …
Persistent link: https://www.econbiz.de/10014067227
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Is Japan Creating a Yen Bloc in East Asia and the Pacific?
Frankel, Jeffrey A. - 2021
This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1 … is no evidence of a special Japan effect. (3) Once one properly accounts for rapid growth in Asia, the statistics do not … Asian countries, though overall its influence is as yet no greater than that of New York. (6) Some of Japan's financial and …
Persistent link: https://www.econbiz.de/10013218103
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Relative Returns on Equities in Pacific Basin Countries
Engel, Charles M. - 2010
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
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Does Labor Legislation Benefit Workers? Well-Being after an Hours Reduction
Hamermesh, Daniel S. - 2014
Are workers in modern economies working "too hard"--would they be better off if an equilibrium with fewer work hours were achieved? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an overtime...
Persistent link: https://www.econbiz.de/10013048606