Investigates trans-national technology spillover mechanisms involving host firms in Japan and donor firms elsewhere. Included in these mechanisms are the technology spillover contribution to production increase and the role of assimilation. Two terms are used to describe the parties involved --...

This paper models the correlated shocks across regional housing markets and the spillover effects in time-varying housing price volatilities. We explore two kinds of diffusion channels: geographic closeness and economic similarity. Our empirical investigation is based on the Case-Shiller housing...