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ASEAN-4 countries (Indonesia, Malaysia, the Philippines, and Thailand). We measure sovereign vulnerability within a risk …
Persistent link: https://www.econbiz.de/10013388833
Southeast Asian and Latin American countries and both the United States and Japan. Foreign direct investment by both Japan and … rates. Also, trade between the countries in our sample and the United States and Japan is significantly affected by foreign …
Persistent link: https://www.econbiz.de/10012472472
We examine the generalizability of internally valid estimates of causal effects in a fixed population over time when that population is subject to aggregate shocks. This temporal external validity is shown to depend upon the distribution of the aggregate shocks and the interaction between these...
Persistent link: https://www.econbiz.de/10012456228
factors to the role of capital flows in the currency crises in different countries, especially Thailand, Indonesia, and Korea …
Persistent link: https://www.econbiz.de/10012471660
By looking at how an East Asian currency moves when the yen fluctuates sharply against the US dollar, we sometimes find that the reaction has been much more significant than would be suggested by the econometric estimates of the weight of the yen in nominal exchange rate determination. Moreover,...
Persistent link: https://www.econbiz.de/10012473118
, Indonesia, and the United States. When we aggregate across all products, most of the countries analyzed experienced a decline in …
Persistent link: https://www.econbiz.de/10011395038
, Indonesia, and the United States. When we aggregate across all products, most of the countries analyzed experienced a decline in …
Persistent link: https://www.econbiz.de/10012462402
high, gains accrue to the EU and Japan from trade diversion if the substitutions elasticities of imports are high. Costs … regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … debated. In a US-China trade conflict, Europe and Japan would seem gainers from preferential access to US and Chinese markets …
Persistent link: https://www.econbiz.de/10012461292
realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve … a percentage point of GDP. Taken together, these results indicate that a realignment of global growth -- with Japan and …
Persistent link: https://www.econbiz.de/10012465752
Japan suggests that foreign firms sell five to six times more in Japan than is commonly believed. Previous studies severely … underestimated the stock of FDI in Japan due to poor data. Second, after finding that even after adjusting for various factors the … level of FDI in Japan is still low, the paper explores explanations for this phenomenon. A second main conclusion is that …
Persistent link: https://www.econbiz.de/10012473233