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This paper measures the extent of comovements in stock returns between Korea and three major countries (China, Japan … of the Korean stock returns with those of the US and Japan became smaller after the global financial crisis. In contrast …, the comovement in stock returns between Korea and China became larger after the crisis. After an additional analysis, we …
Persistent link: https://www.econbiz.de/10012929624
the People's Republic of China and Japan's "Partnership for Quality Infrastructure" (PQI). After introducing key issues …
Persistent link: https://www.econbiz.de/10012205804
on products from Japan. Also, accessibility to other locations and/or ports matters in attracting Japanese MNEs because …
Persistent link: https://www.econbiz.de/10009351429
intra-industry trade pattern in ChinaJapan trade through which China imports accessories from Japan, processes them and …It is generally believed that Japan's cost-oriented and export-oriented direct investment has introduced a bilateral … exports the product to Japan. Based on investment and trade data in the machinery sector, this paper discusses whether Japan …
Persistent link: https://www.econbiz.de/10009365153
Japanese foreign direct investment (FDI) into China is analysed using an FDI model that accounts for different modes of … with an increase in FDI by reducing uncertainty in the investment environment. The performance of Japanese FDI into China …
Persistent link: https://www.econbiz.de/10009365420
location of 1.5.5. and Japanese manufacturing firms within China’s 30 administrative regions during the period 1981—4996. The …
Persistent link: https://www.econbiz.de/10008479098
year of the “bursting of the bubble economy” in Japan. The pendulum now swings back again toward decentralization and local … production networks in Asia, with particular reference to the role of China. I conclude with a brief discussion of new … China Circle, The Brookings Institution, Washington, D.C., 1997) …
Persistent link: https://www.econbiz.de/10005627317
In the present paper we analyse whether fundamental macroeconomic factors, temporary influences or more structural factors have contributed to the recent decline in bond yields in the US. For that purpose, we start with a very general model of interest rate determination in which risk premia are...
Persistent link: https://www.econbiz.de/10012058558
This paper econometrically models the dynamics of Swedish government bond (SGB) yields. It examines whether the short-term interest rate has a decisive influence on long-term SGB yields, after controlling for other macroeconomic and financial variables, such as consumer price inflation, the...
Persistent link: https://www.econbiz.de/10014581759
This paper presents a simple model of the long-term interest rate. The model represents John Maynard Keynes's conjecture that the central bank's actions influence the long-term interest rate primarily through the short-term interest rate, while allowing for other important factors. It relies on...
Persistent link: https://www.econbiz.de/10012610179