In estimating the production function of firms, problems of endogeneity and self selection exist as a result of firm-specific productivity shocks and entry/exit decisions. Several methods have been proposed to handle these problems, such as those by Olley and Pakes (1996) and Levinsohn and...

Hoare: Both North and South Korea claim victory in the Korean War. Yet neither makes much of the ending of the war in July 1953, and both have had problems coming to terms with the reality of the war. The reality is that both suffered so much in a conflict that achieved little that formal...

Dingman argues that the San Francisco settlement signaled the emergence of a new Pacific maritime order in which the United States Navy is the dominant naval force relying on significant bases in Japan. In particular, he focuses on the Yokosuka naval base whose retention was called for by the...

The paper by Masato Kimura seeks to clarify the contributions and limitations of Japanese business diplomacy by looking at the business mission to Britain and the US in 1921-22, and the Japanese Economic Mission to Europe and the United States of 1937. The paper argues that Japanese business...