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that is lower than that of other countries ranges from 2-15%, with Japan having the tightest standard and the United States … and China the loosest. The fraction of grants that are inconsistent with the office's own standard ranges from 2-6 per …
Persistent link: https://www.econbiz.de/10012456431
prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …
Persistent link: https://www.econbiz.de/10012458956
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the … 1930s. South Korea, among the world's poorest countries in the 1960s, joined the ranks of First World economies in little … 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
. The fact that Korea and Thailand recovered in parallel has been interpreted as suggesting that capital controls did not … summer of 1998, while it had significantly eased up in Korea and Thailand. We employ a time-shifted differences …
Persistent link: https://www.econbiz.de/10012470587
the Eurozone economies, the US, and developing Asia showing relatively weak home bias and advanced Asia, especially Japan … capital has been flowing from the US and the Eurozone economies to both advanced Asia (especially Japan) and developing Asia … reasons. The main reason in the case of advanced Asia (especially Japan) appears to be higher risk-adjusted returns, whereas …
Persistent link: https://www.econbiz.de/10012456936
leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy …
Persistent link: https://www.econbiz.de/10012461903
the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an … exports to advanced countries, and second, the prevalence of US dollar invoicing in Japanese exports to East Asia even though … Japanese firms grew; and (2) the production/trade structure of Japanese electronics companies in Asia in which final products …
Persistent link: https://www.econbiz.de/10012462424
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
Are workers in modern economies working "too hard"--would they be better off if an equilibrium with fewer work hours were achieved? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an overtime...
Persistent link: https://www.econbiz.de/10012458268
cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s … in market time, with the freed-up time in Japan reallocated to leisure, but in Korea also showing some impact on …
Persistent link: https://www.econbiz.de/10012460017