that Japan's high depreciation rate is caused by that country's high rate of technological progress. Hiqh depreciation … investment rates. Many economists have compared U.S. and Japanese investment rates net of the depreciation of capital. Presumably …, economists are interested in investment rates because of the belief that high rates are positively correlated with a high level …

past decade, the United States and Japan. ; We find that the conventional partial-equilibrium model of the trade balance … appreciates, partly because the prices of petroleum and other imported raw materials in Japan tend to fall in proportion to the …

We develop a Q model of investment with multiple capital goods that delivers a one-to-one relation between the growth …

shifted for the real GNPs of the USA, West Germany and Japan treated as univariate series. The paper then exhibits differences …

In Japan, as in the United States, stocks that are more sensitive to changes in the monthly growth rate of labor income … rates as well as asset returns. In Japan, the book-to-market-price characteristic can be adequately captured by a particular …

percent relative to the margins on their sales in Japan. That is, the exporters pass on more than half of any change in the …

The author, chief manager of the financial system division of the Bank of Japan, discusses the Bank's recent efforts to … maintain the stability of Japan's financial system. …

called the Triad: The United States, the EU and Japan. We focus on measuring possible asymmetries in market access between …