Showing 1 - 10 of 11
Japan's zaibatsu, or pyramidal business groups, provided this coordination after the Meiji government failed at the task. We … that unique historical circumstances aided their success in prewar Japan. Specifically, Japan uniquely marginalized its …
Persistent link: https://www.econbiz.de/10012465482
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the …
Persistent link: https://www.econbiz.de/10012453866
Japan's successful industrialization in the late 19th and early 20th century largely exhausted its then abundant … natural resources. Rather than exemplifying rapid development in the absence of natural resources, Japan shows how laissez … resources curse that undermined its prior state-led industrialization strategy. Japan's post-WWII reconstruction relied little …
Persistent link: https://www.econbiz.de/10012455815
Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms. Hand-collected historical data illuminate how the present ownership structure of the United States arose: (1)...
Persistent link: https://www.econbiz.de/10012458971
Economics and history both strive to understand causation: economics using instrumental variables econometrics and history by weighing the plausibility of alternative narratives. Instrumental variables can lose value with repeated use because of an econometric tragedy of the commons bias: each...
Persistent link: https://www.econbiz.de/10012461979
The history of coeducation in U.S. higher education is explored through an analysis of a database containing information on all institutions offering four-year undergraduate degrees that operated in 1897, 1924, 1934, or 1980, most of which still exist today. These data reveal surprises about the...
Persistent link: https://www.econbiz.de/10012462376
The labor force participation rate of married women first declines and then rises as countries develop. Its þ-shape is revealed both across the process of economic development and through the histories of currently advanced countries. The initial decline in the participation rate is due to the...
Persistent link: https://www.econbiz.de/10012474221
Has economic progress increased the relative earnings of females to males over the long run? Evidence on trends in the earnings gap for the last four decades appears to run counter to this hypothesis. Numerous data sources are used in this paper to piece together a 170-year history of the...
Persistent link: https://www.econbiz.de/10012477187
In this short note I simulate the DR under various conditions and make comparisons with the US. Japan has experienced a …. Fertility is the largest of the contributors in Japan. If there are no demographic changes in Japan, the DR will be 0.88 by 2050 …The Japanese are becoming older. Americans are also becoming older. Demographic stress in Japan, measured by the …
Persistent link: https://www.econbiz.de/10012456232
postwar Japan than generally realized, and also performing well - an unusual finding for a developed economy. Adopted heirs …
Persistent link: https://www.econbiz.de/10012461785