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This paper investigates whether Japanese banks had been following herd behavior in the domestic loan market from 1975 through 2002. Applying the technique developed by Lakonishok, Shleifer, and Vishny (LSV) (1992, J. of Fin. Econ.) to the data of loans outstanding to different types of...
Persistent link: https://www.econbiz.de/10005702567
The age at first marriage for women has increased in Japan over the past decade. Previous studies show both rising … variance characterized by the unemployment rate turned out to be a factor for marriage delay in Japan. It suggests the larger …
Persistent link: https://www.econbiz.de/10005702573
One of the important public policy issues in science and technology is to ascertain if and how firms' investments in research and development (R&D) contribute to technical progress at firm and industry levels. Griliches (1979) made a pioneering contribution to our understanding of economic...
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"Wie in vielen westeuropäischen Staaten nahm auch in Japan die Arbeitsmarktforschung erst im Verlauf der sechziger …
Persistent link: https://www.econbiz.de/10010733404
"Japans Arbeitsmarkt ist gespalten in Bereiche mit Dauerbeschäftigung und andere mit tendenziell instabilen Arbeitsverhältnissen. Nur ein knappes Drittel der Arbeitnehmer wird nach den Regeln der 'lebenslangen Beschäftigung' behandelt; es sind dies die öffentlich Bediensteten und die meisten...
Persistent link: https://www.econbiz.de/10010733427
We examine the determinants of Japanese foreign direct investment (FDI) focusing on institutional and social factors … cultural distance from Japan attract Japanese FDI. Good institutions, such as a well-developed legal framework and an effective …
Persistent link: https://www.econbiz.de/10010734041