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their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …
Persistent link: https://www.econbiz.de/10012480153
1950 and 1957, the Soviet Union supported the "156 Projects" in China for the construction of technologically advanced … know-how, while others were eventually realized by China alone using domestic technology. We find that receiving both …
Persistent link: https://www.econbiz.de/10012696364
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470
semiconductors in the late 1990s. In most high-tech fields, Japan is the only country outside the US with significant US patenting … activity; however, whereas Japan played an important role in the burst of neural network patenting in the 1990s, it has not …
Persistent link: https://www.econbiz.de/10012452928
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the … over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance …
Persistent link: https://www.econbiz.de/10012453866
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a … attributable to growth in the quality of Chinese exports and the increase in new products being exported by China …
Persistent link: https://www.econbiz.de/10012464707
, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period …China eventually becomes the world's saver and, thereby, the developed world's savoir with respect to its long … fall, the West and Japan see it rise by one fifth by 2030 and by three fifths by 2100. These wage increases are over and …
Persistent link: https://www.econbiz.de/10012467008
For China this suggests starting with a modest band widening and a limited increase in flexibility, and not with a … two decades of pegging at 360 yen, Japan decoupled from the dollar on August 1971 and then repegged at a revalued rate of …We analyze the impact of Japan's exit from its peg on exports and investment. The results point to sizeable effects of …
Persistent link: https://www.econbiz.de/10012467052
This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France …, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …
Persistent link: https://www.econbiz.de/10012467625