Showing 61 - 70 of 430
Japan has experienced pronounced population aging, and now has the highest proportion of elderly adults in the world …. Yet few projections of Japan's future demography go beyond estimating population by age and sex to forecast the complex … functional status of Japan's elderly population in order to estimate disability, health, and need for long term care. Our FEM …
Persistent link: https://www.econbiz.de/10013001226
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
Past government spending in Japan is currently imposing a significant fiscal burden that is reflected in a net debt to …
Persistent link: https://www.econbiz.de/10013076179
extensive in Japan. In response to a appreciation of the yen, Japanese firms reduce their export prices in yen sharply so as to …
Persistent link: https://www.econbiz.de/10013150697
interest to policymakers at the time of adoption. We examine the political economy of Japan's adoption of the gold standard in … contrast to previous studies examining bond yields, we find little evidence that joining the gold standard reduced Japan … policymakers suggested, we find that membership in the gold standard increased Japan's exports by lowering transactions costs and …
Persistent link: https://www.econbiz.de/10013151810
Employing the neutral Kindleberger definition of a bubble as "an upward price movement over an extended range that then implodes", this paper explores the causes of the "Japanese Bubble" of 1985 to 1990 without precluding the possibility that the bubble was due to perceptions of fundamentals....
Persistent link: https://www.econbiz.de/10013152561
-term business survey conducted by Bank of Japan), GDP, industrial production (preliminary), PPI, CPI (Tokyo area), the unemployment …
Persistent link: https://www.econbiz.de/10013152611
This paper explores the idea that financial distress is costly because free-rider problems and information asymmetries make it difficult for firms to renegotiate with their creditors in times of distress. We present evidence consistent with this view by showing Japanese firms with financial...
Persistent link: https://www.econbiz.de/10012774521
events in the United States were the proximate cause of the crash in Japan, but that the transmission mechanism of the crash …
Persistent link: https://www.econbiz.de/10012774550
The purpose of this paper is to characterize the changes in risk premium in the 1980s. A five-variable vector autoregressive model (VAR) is constructed to calculate a risk premium series in the foreign exchange market. The risk premium series is volatile and time-varying. The hypothesis of no...
Persistent link: https://www.econbiz.de/10012774551