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Shunto Rational Expectations And Output Growth In Japan
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Book Synopsis The Japanese Economy by : Takatoshi Itō
Download or read book The Japanese Economy written by Takatoshi Itō and published by MIT Press. This book was released on 1992 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the Japanese economy based on a comparative perspective and an analytic approach grounded in mainstream economics. It compares Japan with the United States in terms of economic performances, institutions and government policies and also scrutinizes the Japanese economy.
Book Synopsis The Japanese Economy, second edition by : Takatoshi Ito
Download or read book The Japanese Economy, second edition written by Takatoshi Ito and published by MIT Press. This book was released on 2020-01-28 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of a comprehensive account of all the major aspects of the Japanese economy, substantially updated and expanded. This textbook offers a comprehensive, rigorous but accessible account of all the major aspects of the Japanese economy, grounding its approach in mainstream economics. The second edition has been extensively revised and substantially updated, with new material that covers Japan's period of economic stagnation between 1991 and 2010. The first edition, published in 1992, focused on Japan as a success story of catch-up economic development; this edition reflects the lessons learned from Japan's Lost Two Decades. After presenting the historical background, the book begins with macroeconomics, studying growth and business cycles. It then covers essential policy issues, with new material that takes into account the Japanese banking crisis of 1997–1998 and the global financial crisis of 2008–2009, discussing financial regulation, monetary policy, and fiscal policy. It goes on to examine saving, demography, and social security in light of Japan's ongoing demographic transition; industrial organization; labor markets; international trade and international finance; and the Japan–U.S. relationship. A new chapter offers a detailed analysis of the Lost Two Decades, synthesizing and applying concepts discussed in previous chapters and offering insights into such issues as successful catch-up growth, demographic shifts, and credit booms and busts.
Book Synopsis The Japanese Economy by : Peter Drysdale
Download or read book The Japanese Economy written by Peter Drysdale and published by Taylor & Francis. This book was released on 1999 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Political Economy of American Monetary Policy by : Thomas Mayer
Download or read book The Political Economy of American Monetary Policy written by Thomas Mayer and published by Cambridge University Press. This book was released on 1993-01-29 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the role of the Federal Reserve in monetary policy making in the United States.
Download or read book Money written by John Eatwell and published by W. W. Norton & Company. This book was released on 1989 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume follows the course of the debate from the Bullionist Controversy of the Napoleonic period through the perennial arguments over the gold standard to the dispute between Keynesians, monetarist, and 'new classical macroeconomists, ' tracing the evolution of theory and doctrine over nearly 200 years.
Book Synopsis Bank of Japan Monetary and Economic Studies by :
Download or read book Bank of Japan Monetary and Economic Studies written by and published by . This book was released on 1986 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Masahiko Aoki Publisher :Amsterdam ; New York : North-Holland ; New York, N.Y., U.S.A. : Sole distributors for the U.S.A. and Canada, Elsevier Science Publishing Company ISBN 13 : Total Pages :444 pages Book Rating :4.:/5 (321 download)
Book Synopsis The Economic Analysis of the Japanese Firm by : Masahiko Aoki
Download or read book The Economic Analysis of the Japanese Firm written by Masahiko Aoki and published by Amsterdam ; New York : North-Holland ; New York, N.Y., U.S.A. : Sole distributors for the U.S.A. and Canada, Elsevier Science Publishing Company. This book was released on 1984 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Articles, economic analysis of private enterprise structure in Japan - compares the labour market and labour relations in the USA and Japan; studies investment financing, ownership, economic role of financial groupings and banks; examines industrial policy trends (1900- 1960); evaluates the efficiency of the management and Motivation system. Diagrams, graphs, references, statistical tables.
Book Synopsis Money, Trade, and Payments by : David P. Cobham
Download or read book Money, Trade, and Payments written by David P. Cobham and published by Manchester University Press. This book was released on 1989 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis World Energy Markets by : William F. Thompson
Download or read book World Energy Markets written by William F. Thompson and published by Routledge. This book was released on 2020-12-17 with total page 703 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1985, this volume contains the seventh meeting proceedings of the International Association of Energy Economists. North American Meeting held in Philadelphia, Pennsylvania, in December 1985.
Book Synopsis NBER Reporter by : National Bureau of Economic Research
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1988 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book JOURNAL written by and published by . This book was released on 1985 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Planning and Disequilibrium by : Richard Portes
Download or read book Macroeconomic Planning and Disequilibrium written by Richard Portes and published by . This book was released on 1983 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements by : V. Vance Roley
Download or read book Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements written by V. Vance Roley and published by . This book was released on 1983 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the response of the term structure of interest rates to weekly money announcements. Estimated responses for both the pre- and post-October 1979 periods are first presented. Then, two competing hypotheses involving the policy anticipations and expected inflation effects are formally specified and compared to the estimated responses. Both hypotheses are found to be consistent with the responses, but they have sharply different implications about the Federal Reserve's short-run monetary policy. The expected inflation hypothesis implies that weekly money surprises should have persistent effects on the level of the money stock, reflecting shifts in the Federal Reserve's long-run target. In contrast, the policy anticipations hypothesis implies that the effectof money surprises should diminish over time, reflecting the Federal Reserve's desire to offset deviations from target. Additional empirical results reported in the paper support this latter description of the money stock process.
Book Synopsis The Equilibrium Approach to Labor Markets by : Sherwin Rosen
Download or read book The Equilibrium Approach to Labor Markets written by Sherwin Rosen and published by . This book was released on 1983 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper exposits the modern theory of equalizing differences, viewed as optimal assignments of workers to jobs. The basic ideas are first illustrated in a simple model with binary choices of work attributes. Multinominal choices are briefly considered after that. Empirical implications are stressed, with special emphasis on elements of selectivity and stratification by tastes and technology. Applications are sketched for certain aspects of the economics of discrimination, human capital, the value of safety and the theory of implicit contracts. Issues raised by assignment stratification according to worker traits and productivities are discussed, and the principle sorting model by comparative advantageis outlined. The implied valuation system on personal traits and its relationship to factor-analytic models, as well as selectivity issues in educational and occupational choice illustrate this aspect of the theory.
Book Synopsis On Low-frequency Estimates of "long Run" Relationships in Macroeconomics by : Bennett T. McCallum
Download or read book On Low-frequency Estimates of "long Run" Relationships in Macroeconomics written by Bennett T. McCallum and published by . This book was released on 1983 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of recent studies have attempted to test propositions concerning "long runt" economic relationships by means of frequency-domain time series techniques that concentrate attention on low frequency co-movements of variables.The present paper emphasizes that many of these propositions involve expectational relationships that are not inherently related to specific frequencies or periodicities. Thus the association of low-frequency time series test statistics with long-run economic propositions is not generally warranted. That such an association can be misleading is demonstrated by analysis of examples taken from notable papers by Geweke, Lucas, and Summers.
Book Synopsis Bonuses and Employment in Japan by : Richard Barry Freeman
Download or read book Bonuses and Employment in Japan written by Richard Barry Freeman and published by . This book was released on 1986 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan has a relatively unique system of labor compensation. Most Japanese workers are paid large bonuses twice a year. This paper examines the cyclical movement of bonuses compared with wages and the relation of bonuses to employment in the context of the Weitzman "share economy." The paper makes three basic points:(1) The Japanese bonus is much more pro-cyclical than Japanese base wages,but not as cyclically variable as profits. Bonuses can be interpreted as containing a quantitatively significant revenue or profit-sharing component.(2) Bonuses have quite different employment consequences than do base wages. Even after controlling for other economic factors, bonuses are positively related to employment, whereas base wages are negatively related to employment.(3) The bonus system of paying workers, while far from explaining the whole macroeconomic story in Japan, seems to play a role in helping to stabilize Japanese unemployment at comparatively low levels.
Book Synopsis Contributions to Economic Analysis by : Masahiko Aoki
Download or read book Contributions to Economic Analysis written by Masahiko Aoki and published by . This book was released on 1952 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:
