Not unlike many European societies in the 1970s and 1980s, Japan went through a rapid process of postindustrialization in the 1990s and 2000s. Whilst the implications were wide-ranging, young (would-be) labour market entrants were among the most affected groups: youth unemployment more than...

This paper assesses the effectiveness of unonventional monetary policy on the macro ecnomy. It focuses on the Japanese economy during the Bank of Japan's quantitative easing policy period, and analyzes the effects of monetary policy shocks and systematic monetary policy using the vector...

This study examines aspects of the accounting and financial history of the South Manchuria Railway Company (SMR) from its formation in 1907. In particular we focus on the 1930s, a period in which the activities of the SMR became increasingly dominated by the demands of the Kwantung Army which...

International strategic mergers and acquisitions (M&As) by emerging market multinationals (EMMs) are rapidly gaining importance. Whereas multinational firms from developed countries mostly invest abroad to leverage their existing assets, EMMs tend to seek strategic assets when investing in other...

In this paper we discuss liquid crystal displays as an example of "complex goods," or products composed of multiple constituent elements, in order to elucidate the linkages between science and technology. Exploratory analysis of bibliographic information from patents reveals two primary...

We show that manufacturing firms locate only in northern regions when transportation costs are not high, and in both northern and southern regions when transportation costs are high; we do so through the use of a semi-endogenous research and development growth model with international trade,...

The purpose of this work is to examine how the Great East Japan Earthquake impacted foreign employees at subsidiaries in Japan. We divide foreign employees in three types, classic expatriates, locally hired foreigners and short term employees which are known in the literature as frequent fliers....

This paper provides a historical case study in pre-modern era which shows that financial market stability is a necessary condition for an effective macroeconomic policy. We explore the implications on the rice market interventions as a tool of the macroeconomic policy in Japan's early 19th...

This study examines the effect of consumption of diversified diets and cultural practices on the nutritional status of children less than five years. The primary hypothesis of the study is that rearing of poultry, sheep and goats enable households to have access to diversified food items, which...

Building on the recent literature on finance, growth and hunger, we have examined the experience of Asian countries over the period 1960-2010 by dynamic and static panel data models. We have found evidence favouring a positive role of finance - defined as private credit by banks - on growth of...