Japan and the World Economy

1988 - 2025

Current editor(s): Robert Dekle and Yasushi Hamao

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Determinants of the 1991-1993 Japanese recession: Evidence from a structural model of the Japanese economy pp. 363-399: Allan Brunner and Steven B. Kamin
Effects of an international income transfer on the global environmental quality pp. 401-410: Yoshio Niho
Fractal structures and naive trading systems: Evidence from the spot US dollar/Japanese yen pp. 411-421: Jonathan Batten and Craig Ellis
An empirical re-evaluation of wealth effect in Japanese household behavior pp. 423-442: Kazuo Ogawa, Shin-ichi Kitasaka, Hiroshi Yamaoka and Yasuharu Iwata
The recent behavior of Japanese imports: A disaggregated analysis pp. 443-457: Janet Ceglowski
Rational bubbles and non-risk neutral investors in Japan pp. 459-473: Yuichi Fukuta
The relationship between supervisor and workers -- The case of professional baseball in Japan pp. 475-488: Yasushi Ohkusa and Fumio Ohtake

Returns to Japanese investors from US investments pp. 229-241: Philippe Jorion
Approaches to partnerships causing asymmetries between Japan and the West pp. 243-258: Thomas Andersson
Returns to scale and efficiency of credit associations in Japan: A nonparametric frontier approach pp. 259-277: Hirofumi Fukuyama
Modeling Japanese oil imports: A seasonal cointegration approach pp. 279-290: Imad A. Moosa
Cointegration among Asian currencies: Evidence of the increasing influence of the Japanese yen pp. 291-308: Raj Aggarwal and Mbodja Mougoue
Japan's persistent trade surplus: Policies for adjustment pp. 309-333: F. Gerard Adams and Byron Gangnes
Consumer demand in Japan: An analysis using the Deaton-Muellbauer system pp. 335-351: Kozo Sasaki
The main issues facing Japan's economy pp. 353-360: Yoshio Suzuki

Theories of the soft budget-constraint pp. 125-133: Eric Maskin
Hardening of the budget constraint under the postsocialist system pp. 135-151: János Kornai
Notes on the life cycle of state-led industrialization pp. 153-174: Jeffrey D. Sachs
Japanese firms in financial distress and main banks: Analyses of interest-rate premia pp. 175-194: Masahiro Kawai, Juro Hashimoto and Shigemi Izumida
Biased principals as a discipline device pp. 195-206: Mathias Dewatripont and Jean Tirole
The soft budget constraint in China pp. 207-223: Qian Yingyi and Gérard Roland
Budget constraints that are not soft pp. 225-228: Paul Samuelson

The demand for money in Japan: Evidence from cointegration analysis pp. 1-10: Mohsen Bahmani-Oskooee and Ghiath Shabsigh
VERs under imperfect competition and foreign direct investment: A case study of the US-Japan auto VER pp. 11-33: Jaime de Melo and David Tarr
Japan's saving rate is indeed lower than Professor Hayashi revealed pp. 35-41: Yasushi Iwamoto
Learning by doing and openness in Japanese growth: A new approach pp. 43-64: Jati K. Sengupta and Kumiko Okamura
Seasonal patterns in Japanese ADR returns and the US stock market influence pp. 65-79: Ali M. Fatemi and Jinwoo Park
The quality characteristics of Japanese soybean imports pp. 81-98: Bengt Hyberg, Noel D. Uri and Valencia Oliveira
The next fifty years of Japan-US economic relations pp. 121-124: Paul Samuelson

Innovation and agglomeration: Two parables suggested by city-size distributions pp. 371-390: Paul Krugman
Innovation and agglomeration: Two parables suggested by city-size distributions: Comment pp. 391-393: J. Vernon Henderson
Innovation and agglomeration: Two parables suggested by city-size distributions: Comment pp. 395-397: Kazuo Mino
Entry and cost reduction pp. 399-410: Hal Varian
Entry and cost reduction: Comment pp. 411-418: Kotaro Suzumura
Product innovation with mass-production: Insufficient or excessive? pp. 419-442: Kiyohiko G. Nishimura
Product innovation with mass-production: Insufficient or excessive?: Comment pp. 443-445: Thomas Russell
Repeated contract negotiations with private information pp. 447-472: John Kennan
Repeated contract negotiations with private information: Comment pp. 473-474: William Lehr
Repeated contract negotiations with private information: Comment pp. 475-479: Yasuhiro Sakai
Keiretsu and Japanese direct investment in US manufacturing pp. 481-503: Yui Kimura and Thomas A. Pugel
Keiretsu and Japanese direct investment in US manufacturing: Comment pp. 505-506: Hajime Hori

Why are prices in Japan so high? pp. 255-261: Marcus Noland
The loss compensation practice of Japanese securities companies pp. 263-290: Kevin J. Hebner and Young S. Park
The benchmark issue premium in the Japanese government bond market: A re-examination pp. 291-307: Yuichi Fukuta
Changes in U.S. trade policies: the wealth effects on Japanese steel firms pp. 309-327: Kathleen Rehbein and Laura T. Starks
An economic analysis of cooperative R&D in Japan pp. 329-345: Yukio Miyata
The Japanese and US stock prices: A comparative fundamental analysis pp. 347-360: Jongmoo Jay Choi
International investment: The Japan-U.S. dimension pp. 361-368: Fujio Cho

Teamwork versus delegation -- comparison of Japanese and German management styles pp. 139-144: Martin J. Beckmann
An explanation of bidder returns in corporate acquisitions: the case of Japanese acquisitions of U.S. firms pp. 145-154: Enyang Guo, Arthur J. Keown and Nilanjan Sen
Futures trading in less 'noisy' markets pp. 155-173: Robert I. Webb
Testing for the matching hypothesis in Japanese manufacturing pp. 175-198: Yasushi Ohkusa
Antecedents of the Japanese distribution system -- formative agents in Tokugawa Japan pp. 199-210: Susan Kitchell
Structural change for the future of Japan: some recent thoughts pp. 211-232: Ryuzo Sato
America in the world economy: Understanding the misunderstandings pp. 233-247: Paul Krugman
Long-term investment by Japanese and American firms pp. 249-254: Eric Maskin

Some uneasiness with the Coase Theorem pp. 1-7: Paul Samuelson
Some uneasiness with the Coase Theorem: Comment pp. 9-11: Oliver Williamson
Coase, competition, and compensation pp. 13-27: Hal Varian
The Coase Theorem and international economic relations pp. 29-44: Richard N. Cooper
Coase and international economic relations: A comment on Cooper pp. 45-48: Lawrence White
What is the Coase Theorem? pp. 49-74: Leonid Hurwicz
Comment on "What is the Coase Theorem?" by Leonid Hurwicz pp. 75-78: Yasuo Maeda
The Coase Theorem and the division of academic labor pp. 79-83: George Daly
Fairness, efficiency and externalities pp. 85-103: Julianne Nelson
Aggregation, heterogeneity, and the Coase invariance theorem pp. 105-111: Thomas Russell
Public policy and economic growth: Japan and the United States pp. 113-130: Toshihiro Ihori
Japanese import price elasticities by region of origin: 1968-1988 pp. 131-138: Ismail Miniru Cole