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growth from the perspective of demographic change: will aging Korea become another Japan? / Kyooho Kwon -- 4. Export dynamics … of Japan, Korea and China / Kyu-Chul Jung -- Part II Resource allocations and TFP -- 5. Product market efficiencies and … policy following in the footsteps of Japan? / Dongchul Cho -- 11. Aging and housing prices: the cases of Korea and Japan …
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Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to … trends experienced by Japan? This judicious volume investigates in depth the causes of Japan's 'lost decades' versus the real … differences between the Korean and Japanese economies, and examine policy measures taken by Japan during the lost decades. From …
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The authors show that there is a negative relationship between economic policy uncertainty (EPU) and firm overinvestment using Korean data from 2007 to 2016. Since Jensen (1986) shows that a firm's free cash flow is an important factor of overinvestment, the authors examine how free cash flow...
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