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It is well documented that retail prices in Japan are higher than in other countries for similar products. The two main …) relatively high distribution costs associated with getting goods to the point of final sale in Japan. The first of these … explanations implies that foreign exporters should charge higher prices on shipments to Japan than elsewhere, provided at least …
Persistent link: https://www.econbiz.de/10013227756
The purpose of this research is to examine the validity of the Uncovered Equity Parity (UEP) condition in the Asian Frontier Financial Markets. The UEP theory states that, when one country’s equity market outperforms another country’s equity market, the outperforming country’s exchange...
Persistent link: https://www.econbiz.de/10013227811
This paper investigates whether the Bank of Japan has practiced a monetarist rule since 1975. The Bank of Japan (BOJ …
Persistent link: https://www.econbiz.de/10013227866
This paper investigates the importance of markup behavior in Japanese manufacturing. According to the evidence presented, Japanese firms have varied the markups of prices over marginal costs in order to limit the effects of exchange rate changes on output. This behavior is quite different from...
Persistent link: https://www.econbiz.de/10013228030
patterns have evolved between 2007 and 2017. Firm exit patterns have been heavily influenced by Japan's demographic trends, as …
Persistent link: https://www.econbiz.de/10013228164
billion) intervention, coordinated with the Bank of Japan and the Federal Reserve working in unison, give the highest success …
Persistent link: https://www.econbiz.de/10013228237
This paper argues that Japan's export growth is likely to slow sharply over the next few years, perhaps to zero. For … the past dozen years Japan's export volume has gown much more rapidly than her domestic production. This divergence was … factors are running in reverse. If Japan's export growth does slow sharply, the mechanism will be a very strong yen …
Persistent link: https://www.econbiz.de/10013228266
We investigate the fiscal impacts of earthquakes in Japan. In contrast with earlier papers from elsewhere which examine …
Persistent link: https://www.econbiz.de/10013228345
Is expanding balance sheets in the "new normal" a correct approach? Do balance sheet policies provide a much needed new instrument for central banks? In this paper I argue that not necessarily. I show that assuming that the safety trap is a primary reason for low interest rates, some balance...
Persistent link: https://www.econbiz.de/10013228496
firms, in both Japan and the U.S., and relate them to differences in the rates of growth in their capital-labor ratios and … estimated effect of the growth in the capital-labor ratio on firm productivity is approximately twice as large in Japan than in …
Persistent link: https://www.econbiz.de/10013228644