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centennial year after the Meiji restoration, Japan's GNP became the second largest in the world surpassing West Germany. Japan …
Persistent link: https://www.econbiz.de/10005647075
This paper analyses the economic impact of temporary and unskilled migrant workers in Japan, who are illegal according …
Persistent link: https://www.econbiz.de/10005647088
Previous studies (e.g., Hamori, 2000; Ho and Tsui, 2003; Fountas et al., 2004) find high volatility persistence of economic growth rates using generalized autoregressive conditional heteroskedasticity (GARCH) specifications. This paper reexamines the Japanese case, using the same approach and showing...
Persistent link: https://www.econbiz.de/10005650183
This paper estimates the contribution of R&D spillovers to productivity growth Japanese manufacturing industry by estimating two alternative measures of productivity growth and two different types of R&D spillovers. The results suggest that TFP growth is affected neither by rent R&D spillovers...
Persistent link: https://www.econbiz.de/10005650671
Behind rising natural rate of unemployment, they often point out the decline in matching efficiency of the labor market. We empirically examine the cause of matching friction based on the theory of directed search model such as Burdett, Shi and Wright (2001). From rich micro data on vacancy size...
Persistent link: https://www.econbiz.de/10005650690
Our study investigates the effect of Japanese keiretsu group membership on firm risk and return. Like prior studies, our results show that keiretsu membership has a negative effect on firm profitability. In contrast to prior studies, however, we find that most of our risk measures are positively...
Persistent link: https://www.econbiz.de/10005650725
In recent policy debates some have argued that expansionary monetary policy in Japan can increase real output in Japan … and in Japan´s neighbors, while others have warned that it is a beggar-thy-neighbor policy. In this paper we estimate …-thy-neighbor view. We estimate that the Asian crisis was preceded by expansionary monetary policy shocks in Japan, but we fail to find …
Persistent link: https://www.econbiz.de/10005652788
Using data for the 1990s, this Paper examines the role of sheepskin effects in the returns to education for Japan. Our … the US. These results could be explained by the particular recruitment system of large firms in Japan, which makes the …
Persistent link: https://www.econbiz.de/10005656206
earnings in Germany and Japan since the early-1970s. The analysis is prompted by trade studies identifying manufacturing … employment in Japan and a more equal effect in Germany. In spite of this, demand shifted away from women's employment in Germany … percentages of employment. No such demand shifts occurred in Japan. In the face of these differences in demand and of remarkable …
Persistent link: https://www.econbiz.de/10005696100
This paper analyzes data from the household registers for two villages in the Nôbi region of central Japan in the late …
Persistent link: https://www.econbiz.de/10005700051