instrument and target variables. The time spans examined are 1962-1998 for the U.S. and U.K., and 1972-1998 for Japan. In …

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 …

.K. and Japan are between three and 15 times more flexible than in the U.S. during the postwar period. Corresponding to … similar to that in Britain and Japan. The contrast between the prewar data and the postwar data, where the U.S. is a definite …

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 …

Kingdom and Japan reinforces the notion that the volatility seen in the 2008 crisis was relatively short-lived. While there is …

-specific factors. In an empirical analysis of term structures of government bond yields for the Germany, Japan, the U.K. and the U …

We ask whether stock returns in France, Germany, Japan, the UK and the US are predictable by three instruments: the …