indicators for the type of incentive - whether immigrants' religiosity serves as a bridge or a buffer in the process of …), the American General Social Survey (GSS), and the International Social Survey Program (ISSP). Estimation of extended mass … religiosity of immigrants serves as a bridge between the immigrants and the local population, in Europe it has mainly the function …

of the fixed link between Denmark and Sweden in 2000 (The Oresund Bridge) as a quasi-natural experiment. Our Synthetic … absence of the bridge. Evaluating actual trade against its synthetic counterpart for the period 2001-2008 shows that Danish …-Swedish trade was 24.6% larger than it would have been in the absence of the bridge using our preferred specification. The result is …

why large negative output gaps in Japan during the period 1998-2002 did not lead to accelerating deflation, but instead …

United Kingdom, Japan, and Australia, the authors find that a conditional CAPM that allows the price of risk to vary in …

Three current account imbalances - one very large deficit (the United States) and two surpluses (Japan and the Euro … adjustment process that involves real depreciation in its exchange rate. For Japan, a little more than 1 percentage point (of GDP …

estimate the ATE for daily Bank of Japan intervention over the January 1999 to March 2004 period. This sample encompasses a …

prototypical New Keynesian model fit to Japanese data exhibits orthodox dynamics during Japan's episode with zero interest rates …. We then demonstrate that this specification is more consistent with outcomes in Japan than alternative specifications …

This paper investigates how monetary policy can help to avoid the liquidity trap by studying the experience of Japan …. First, I analyze how the Bank of Japan conducted interest rate policy over the 1990s as the economy entered a deflationary … of interest. The estimation strategy reveals that the Bank’s implicit inflation target declined to about 1% in the 1990s …