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heterogeneous approach / Robert Barsky -- Time of troubles : the yen and Japan's economy, 1985-2008 / Maurice Obstfeld -- The Japan …, land prices, and the monetary transmission mechanism in Japan / John Muellbauer and Keiko Murata -- The Japanese employment … system after the bubble burst : new evidence / Ryo Kambayashi and Takao Kato -- Labor immobility in Japan : its causes and …
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"Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a … period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases …
Persistent link: https://www.econbiz.de/10003693432
Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a … period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases …
Persistent link: https://www.econbiz.de/10012759379
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We develop and structurally estimate a model of heterogeneous multiproduct firms that can be used to decompose the firm-size distribution into the contributions of costs, “appeal” (quality or taste), markups, and product scope. Using Nielsen bar-code data on prices and sales, we find that...
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