realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve … a percentage point of GDP. Taken together, these results indicate that a realignment of global growth -- with Japan and …

structure as contributing factors. This paper contends that the economic structure and policies of Japan have also done much to … contribute to the trade imbalance. Institutional features of Japan's macroeconomy and industrial structure which have promoted … by Japan in causing the bilateral trade imbalance, the next question the paper addresses is how Japan might best act to …

United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …

Policy discussions in Japan have increasingly recognized the important role of land values and land-use patterns in … Japanese macroeconomic adjustment. In Japan in recent years, land wealth constitutes more than half of financial wealth, a …

Many past studies of relative financing costs in the United States and Japan have relied on interest rates from the … capital controls from financial markets abroad. Interest rates on bank loans, the most important source of financing in Japan …

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 …

manufacturers, and the fact that some of the most popular Japanese car models are assembled both in Japan and the U.S. We find … evidence that the Japan-assembled cars on average sell for more than those built in the U.S., but the estimated difference is … difference between the Japanese and U.S. built cars. For Hondas and more recent models of Toyotas, the Japan-built cars are no …

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

extensive in Japan. In response to a appreciation of the yen, Japanese firms reduce their export prices in yen sharply so as to …