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Can a temporary negative shock generate long-lasting effects on economic activities? To show causal evidence, we utilize data from Japanese multinational corporations (MNCs) and explore the economic impact of the unexpected escalation of an island dispute between China and Japan in 2012. Our...
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multinational firms' sales forecasts and exploring an unexpected escalation of a territorial dispute between China and Japan in 2012 …
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paper show that the real-time consideration of these forecasts has the potential to improve the precision with which past … forecasts is also aptly demonstrated through the use of simulation techniques, density functions, and event probability … forecasts. …
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This contribution starts out by noting a conflict of interest between consumers and insurers. Consumers face positive … Switzerland. Private U.S. but not Swiss insurance has a hedging effect for consumers, while both social insurance schemes expose … consumers to excess asset volatility. In the insurance systems of both countries, the private component fails to offset …
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directly engage in international sales and purchases. However, to what extent and how consumers directly participate in and … consumers and firms as importers, characterize the distribution and patterns of their foreign purchases, and assess how gravity …
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prices are constructed for housing expenditure and for services. Weights for these parts of household budgets and the … residual are found from panel surveys of household consumption. Relative prices of the consumption bundle for each year in the …, employees and workers are constructed. Combining data on incomes and on relative prices gives estimates of real incomes. The …
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