Japan and the World Economy

1988 - 2025

Current editor(s): Robert Dekle and Yasushi Hamao

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Wholesalers, indirect exports, geography, and economies of scope: Evidence from firm transaction data in Japan: Tadashi Ito, Ryohei Nakamura and Manabu Morita
Firm-specific human capital in different market conditions: Evidence from the Japanese football league: Eiji Yamamura and Fumio Ohtake
Are REITs more resilient than non-REITs? Evidence from natural experiments: Pawan Jain and Arun Upadhyay
Individual characteristics and the demand for reciprocity in trade liberalization: Evidence from a survey in Japan: Eiichi Tomiura, Banri Ito, Hiroshi Mukunoki and Ryuhei Wakasugi
Public preferences on immigration in Japan: Toshihiro Okubo
Global value chains and servicification of manufacturing: Evidence from firm-level data: Hyunbae Chun, Jung Hur and Nyeong Seon Son

Capitalizing on prospect theory value: The Asian developed stock markets: Seungbin Ohk and Biung-Ghi Ju
Lack of successors, firm default, and the performance of small businesses: Daisuke Tsuruta
Decomposing local fiscal multipliers: Evidence from Japan: Taisuke Kameda, Ryoichi Namba and Takayuki Tsuruga
Robotics technology and firm-level employment adjustment in Japan: Bin Ni and Ayako Obashi
Mixed-frequency approaches to nowcasting GDP: An application to Japan: Kyosuke Chikamatsu, Naohisa Hirakata, Yosuke Kido and Kazuki Otaka
Japan's FDI drivers in a time of financial uncertainty. New evidence based on Bayesian Model Averaging: Mariam Camarero, Sergi Moliner and Cecilio Tamarit

How Japanese firms can weather endaka periods: Evidence from the transportation equipment industry: Willem Thorbecke
The computable general equilibrium analysis of the reduction in tariffs and non-tariff measures within the Korea-Japan-European Union free trade agreement: Chae-Deug Yi
From firm-level imports to aggregate productivity: Evidence from Korean manufacturing firm data: JaeBin Ahn and Moon Jung Choi
On the direct and indirect effects of the Great East Japan earthquake on self rated health through social connections: Mediation analysis: Atsushi Sannabe, Jun Aida, Yuri Wada, Yukinobu Ichida, Katsunori Kondo and Ichiro Kawachi
More-money and less-cash effects of diversification: Evidence from Japanese firms: Tatsuo Ushijima
Monetary policy shocks and exchange rates in Asian countries: Jihae Kim, Soyoung Kim and Donghyun Park

Regional convergence under declining population: The case of Japan: Shin-ichi Fukuda and Koki Okumura
The Effects of M&A on Corporate Performance in Japan:DID Analysis in the Era of Corporate Governance Reform: Akira Fukuda
Do domestic producers benefit from safeguards? The case of a Japanese safeguard on Chinese vegetable imports in 2001: Kazutaka Takechi
Technology convergence networks for flexible display application: A comparative analysis of latecomers and leaders: Yong Jin Kim and Duk Hee Lee
Are the actual and intended sources of financial knowledge the same? Evidence from Japan: Hiroshi Fujiki
Structural breaks in the mean of dividend-price ratios: Implications of learning on stock return predictability: Chunji Xuan and Chang-Jin Kim
Can the Japanese agri-food producers survive under freer trade? A general equilibrium analysis with farm heterogeneity and product differentiation: Nobuhiro Hosoe and Yuko Akune

Foreign debt, global liquidity, and fiscal sustainability: Danbee Park and Taeyoon Sung
Measuring the Natural Rate of Interest with Financial Gaps: The Cases of Japan and South Korea: Dong Jin Lee, Joon-Ho Hahm, Hail Park and Ki Young Park
Intergenerational Inequality and the Contract Out Policy in Public Health Care: Naomi Miyazato
Cash demand and financial literacy: A case study using Japanese survey data: Hiroshi Fujiki
Government fiscal projection and debt sustainability: Masaya Sakuragawa and Yukie Sakuragawa
Which external shock matters in small open economies? Global risk aversion vs. US economic policy uncertainty: Youngju Kim, Hyunjoon Lim and Wook Sohn
The link between entrepreneurship and informal investment: An international comparison: Yuji Honjo and Hiroki Nakamura
Childhood health and future outcomes: Evidence from panel surveys for the Japanese population: Michio Yuda

Effects of class-size reduction on cognitive and non-cognitive skills: Hirotake Ito, Makiko Nakamuro and Shintaro Yamaguchi
Demographic change, human capital, and economic growth in Korea: Jong-Suk Han and Jong-Wha Lee
Income volatility, household leverage, and consumption in Korea: Daesun Jung and Young Sik Kim
Was the expansion of housing credit in Japan good or bad?: Charles Horioka and Yoko Niimi
Macroeconomic effects of macroprudential policies: Evidence from LTV and DTI policies in Korea: Soyoung Kim and Junbeom Oh
Participation in the Kaesong Industrial Complex and its impact on productivity: South Korean textile firms’ experiences: Sungtaek Cho, Do Won Kwak and Hongshik Lee

Long-term consequences of group work in Japanese public elementary schools: Kohei Kubota, Takahiro Ito and Fumio Ohtake
The effect of instructional quality on student achievement: Evidence from Japan: Hiroyuki Motegi and Masato Oikawa
Subject variety and incentives to learn: Evidence from public high school admission policies in Japan: Hideo Akabayashi and Michio Naoi
Do the disadvantaged benefit more from small classes? Evidence from a large-scale survey in Japan: Masakazu Hojo and Wataru Senoh
The effect of student loans on college enrollment: Evidence from municipality panel data in Japan: Shinpei Sano
What drives business cycles in Korea?: Yongseung Jung

Are inflated domestic credit ratings relative to global ratings associated with peer firms’ investment decisions? Evidence from Korea pp. -: Kwang Wuk Oh and Hyun Ah Kim
The performance of Chinese equity funds: An extension of DGTW model pp. -: Yaping Wang, Miyoun Paek and Kwangsoo Ko
Nonlinear effects of population aging on economic growth pp. -: Hyun-Hoon Lee and Kwanho Shin
How do exporters respond to exogenous shocks: Evidence from Japanese firm-level data pp. -: Ayumu Tanaka, Banri Ito and Ryuhei Wakasugi
Are Japanese companies less risky and less profitable than US companies? Evidence from a matched sample pp. -: Jiangtao Fu and Yoshiaki Ogura