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Population decline is currently a serious problem in Japan. In this study, the population change rates of municipalities in the Nagasaki Prefecture were examined using a classification of the resident characteristics of small areas. A total of 14 variables were selected from the small area data...
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By using an existing and a new convergence measure, this paper assesses whether bank loan and bond interest rates are converging for the non-financial corporate sector across the euro area. Whilst we find evidence for complete bond market integration, the market for bank loans remains segmented,...
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We extend the Berry, Levinsohn and Pakes (BLP, 1995) random coefficients discretechoice demand model, which underlies much recent empirical work in IO. We add interactive fixed effects in the form of a factor structure on the unobserved product characteristics. The interactive fixed effects can...
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