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Economic internationalisation and the distribution of income : a comparison of the cases of Germany and the U.S.

Wacker, Ulrich - 2002

This study compares the effects of economic internationalisation on the functional distribution of labour income in the U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework ofinternational trade theory. Focusing on general...

Persistent link: https://www.econbiz.de/10009471731

The causes of Japan's financial crisis

Patrick, Hugh; Ito, Takatoshi - 1999

Introduction: A mere decade ago Japan’s financial system, and especially its banking system, was not only the largest … country. Today presents a completely different picture. Japan’s financial system is weak and in disarray. Banks no longer rank … among the world’s top ten, and their credit ratings have declined dramatically. Two of Japan’s top 21 banks have already …

Persistent link: https://www.econbiz.de/10009451446