Showing 1 - 10 of 2,924
Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the … potential impact on inflation has been studied less. We use the IMF’s Global Integrated Fiscal and Monetary Model (GIMF) and … advanced countries as well, but we find that deflation risk from aging is not inevitable as ambitious structural reforms and an …
Persistent link: https://www.econbiz.de/10011142094
Persistent link: https://www.econbiz.de/10004204587
In selected East Asian economies, the behavior of detrended macroeconomic variables was found to be similar to that observed in the postwar U.S. economy. Consumption and investment are highly procyclical while the balance of trade and the price level are counter-cyclical in most of them. Labor...
Persistent link: https://www.econbiz.de/10005534171
Persistent link: https://www.econbiz.de/10010730728
Persistent link: https://www.econbiz.de/10008684228
Persistent link: https://www.econbiz.de/10005399414
The purpose of this paper is to evaluate the impact of trade cost reduction on the Asian economy by employing a sub-national level model based on New Economic Geography. Our model comprises seven sectors, including manufacturing and non-manufacturing sectors, and 1,715 regions in 18...
Persistent link: https://www.econbiz.de/10010902751
Asian-Pacific nations, Australia, China, Indonesia, Japan, Malaysia, New Zealand, Philippines, South Korea, Singapore …, Taiwan, Thailand, and Vietnam. The daily data span from 1995 to 2004. It finds strong regional foreign exchange dependency …
Persistent link: https://www.econbiz.de/10005126681
of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is …Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently … China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing …
Persistent link: https://www.econbiz.de/10011257823
of the region’s production has been taking place in China, and this trend is expected to continue for some time yet. …
Persistent link: https://www.econbiz.de/10010667900