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Effectiveness of Government Policy : An Experience from a National Healthcare System
Yamada, Tetsuji - 2010
elderly patients in the context of the initiative taken by the Ministry of Health and Welfare of Japan to discourage lengthy … hospital treatment and/or stay by elderly patients. By using three leading diseases among the elderly in Japan (cancer, heart …
Persistent link: https://www.econbiz.de/10013139839
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Technology Diffusion and Postwar Growth
Comin, Diego A. - 2012
transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient …
Persistent link: https://www.econbiz.de/10013115686
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Ex-Day Behavior of Japanese Stock Prices : New Insights from New Methodology
Hayashi, Fumio - 2011
We study the ex-dividend day behavior of Japanese stock prices for the period 1983-87. We find that, contrary to previous findings, prices of ex-day stocks drop by nearly the full amount of the dividend. However, ex-day stocks shows an abnormal return. Also, for the many ex-dividend day stocks...
Persistent link: https://www.econbiz.de/10013118692
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Equity Yields
van Binsbergen, Jules H. - 2011
, Europe, and Japan. We use these asset prices to construct equity yields, analogous to bond yields. We decompose these yields … events such as the financial crisis and the earthquake in Japan …
Persistent link: https://www.econbiz.de/10013120296
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Japanese Government Debt and Sustainability of Fiscal Policy
Doi, Takero - 2011
We construct quarterly series of the revenues, expenditures, and debt outstanding for Japan from 1980 to 2010, and …
Persistent link: https://www.econbiz.de/10013121087
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The Institutions of Monetary Policy
King, Mervyn - 2011
I argue that it is useful to think about the optimal design of monetary institutions using the insights from the theory of incomplete contracts. The core of the monetary policy problem is the uncertainty about future social decisions resulting from the impossibility and the undesirability of...
Persistent link: https://www.econbiz.de/10013124259
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Is Price Adjustment Asymmetric? : Evaluating the Market Share and Marketing Bottlenecks Hypothesis
Knetter, Michael M. - 2011
The theoretical literature on pricing-to-market has identified two possible reasons why the elasticity of prices to exchange rate changes may be asymmetric across appreciations and depreciations. If firms are attempting to increase market shares in foreign markets subject to the possibility of...
Persistent link: https://www.econbiz.de/10013124599
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Determinants of Shrt-Term Real Interest Differentials between Japan and the United States
Marston, Richard C. - 2011
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 …
Persistent link: https://www.econbiz.de/10013124752
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Disability Pension Program and Labor Force Participation in Japan : A Historical Perspective
Oshio, Takashi - 2011
and old people and the disability program in Japan. In particular, we explore the time series dimension to identify what … low; thus, the effect on labor force participation is very limited in Japan, which is in contrast with some European …
Persistent link: https://www.econbiz.de/10013125166
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Medium Term Business Cycles
Comin, Diego A. - 2011
Over the postwar, the U.S., Europe and Japan have experienced what may be thought of as medium frequency oscillations …
Persistent link: https://www.econbiz.de/10013125764