Journal of the Japanese and International Economies

1987 - 2025

Current editor(s): Takeo Hoshi

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EDITORS' INTRODUCTION pp. 437-439: Takatoshi Ito and Masahiro Kawai
Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited pp. 441-479: Maurice Obstfeld and Alan Taylor
Intranational, Intracontinental, and Intraplanetary PPP pp. 480-501: Charles Engel, Michael K. Hendrickson and John Rogers
The Long-Run Purchasing Power Parity for the Yen: Historical Overview pp. 502-521: Takatoshi Ito
Nonstationarity of Real Exchange Rates in the G7 Countries: Are They Cointegrated with Real Variables? pp. 523-547: Masahiro Kawai and Hidetaka Ohara
Sources of Purchasing Power Disparities between the G3 Economies pp. 548-583: Axel A. Weber
Exchange Rate Volatility, Nominal Rigidities, and Persistent Deviations from PPP pp. 584-609: Torben M. Andersen
Sectoral Price Movements under the Yen Appreciation pp. 611-641: Yoko Sazanami, Fukunari Kimura and Hiroki Kawai
International Price Linkage within a Region: The Case of East Asia pp. 643-666: Shin-ichi Fukuda and Takashi Kano

Monetary Policy in Japan: A Structural VAR Analysis pp. 275-295: Kenneth Kasa and Helen Popper
More Evidence on the Link between Bank Health and Investment in Japan pp. 296-310: Michael S. Gibson
Mitsuhiro Fukao, Financial Integration, Corporate Governance, and the Performance of Multinational Companies pp. 311-313: Yishay Yafeh
GUEST EDITOR'S INTRODUCTION pp. 314-318: Hideshi Itoh
Executive Salaries as Tournament Prizes and Executive Bonuses as Managerial Incentives in Japan pp. 319-346: Peng Xu
Promotions, Skill Formation, and Earnings Growth in a Corporate Hierarchy pp. 347-384: Kenn Ariga, Giorgio Brunello and Yasushi Ohkusa
The Productivity Effects of Information Sharing, Profit Sharing, and ESOPs pp. 385-402: Yasushi Ohkusa and Fumio Ohtake
An Evolutionary Model of Corporate Governance and Employment Contracts pp. 403-436: Hiroshi Osano

Japan's Intraindustry Trade Dynamics pp. 123-142: Jayant Menon
The Real Exchange Rate and the Current Account Balance in Japan pp. 143-184: Chi-Young Song
Finance Constraints, Liquidity, and Investment Spending: Theoretical Restrictions and International Evidence pp. 185-207: Bob Chirinko
Equilibrium Real Interest Rate Linkages: The United States and Japan pp. 208-227: Michael Hutchison and Nirvikar Singh
Whither the Yen? Implications of an Intertemporal Model of the Dollar/Yen Rate pp. 228-246: Menzie Chinn
The Demand for Imports and Exports in Japan: A Survey pp. 247-259: W. Charles Sawyer and Richard L. Sprinkle
OLIVER HART,Firms, Contracts, and Financial Structure, Clarendon Press, Oxford, 1995. 228 pages, $19.95 pp. 260-261: Julie Elston

Chief Executive Turnover and Firm Performance in Japan pp. 2-26: Yukiko Abe
Housing Investment and Residential Land Supply in Japan: An Asset Market Approach pp. 27-54: Tsunao Okumura
For Profit or for Market Share? The Pricing Strategy of Japanese Automakers on the U.S. Market pp. 55-81: Catherine C. Langlois
An Estimation of the Lock-In Effect of Capital Gains Taxation pp. 82-104: Fukuju Yamazaki and Takako Idee
Tests of the Permanent Income-Life Cycle Hypothesis Based on Household-Level Panel Data from Korea pp. 105-122: Michael Hurd and Hoe-Kyung Lee

Economics of Agglomeration pp. 339-378: Masahisa Fujita and Jacques Thisse
Agglomeration Economies and a Test for Optimal City Sizes in Japan pp. 379-398: Yoshitsugu Kanemoto, Toru Ohkawara and Tsutomu Suzuki
Confronting the Mystery of Urban Hierarchy pp. 399-418: Paul Krugman
Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy pp. 419-439: Kiminori Matsuyama
The Spread of Industry: Spatial Agglomeration in Economic Development pp. 440-464: Diego Puga and Anthony Venables

Competition through Endogenized Tournaments: An Interpretation of "Face-to-Face" Competition pp. 199-232: Hideki Konishi, Masahiro Okuno-Fujiwara and Yutaka Suzuki
Product Development and the Timing of Information Disclosure under U.S. and Japanese Patent Systems pp. 233-249: Reiko Aoki and Thomas Prusa
Main Bank Relationships and Capital Structure in Japan pp. 250-261: Atsuo Fukuda and Shinichi Hirota
On Cultural Evolution: Social Norms, Rational Behavior, and Evolutionary Game Theory pp. 262-294: Akihiko Matsui
Do the Aged Dissave in Japan? Evidence from Micro Data pp. 295-311: Charles Horioka, Norihiro Kasuga, Katsuyo Yamazaki and Wako Watanabe
Shared Growth and the East Asian Miracle: A Comment on the World Bank Study pp. 312-317: Juro Teranishi
A Commentary on the "East Asian Miracle": Are There Lessons to Be Learned? pp. 318-325: Yujiro Hayami
Lessons of East Asian Development pp. 326-334: Robert Cassen and Sanjaya Lall

The Keiretsu Puzzle pp. 101-121: David Flath
Borrowing Constraints and the Role of Land Asset in Japanese Corporate Investment Decision pp. 122-149: Kazuo Ogawa, Shin-ichi Kitasaka, Hiroshi Yamaoka and Yasuharu Iwata
Research and Development Activities and Trade Specialization in Japan pp. 150-168: Marcus Noland
Does a Cointegrating M2 Demand Relation Really Exist in Japan? pp. 169-180: Ryuzo Miyao
Shared Knowledge vs Diversified Knowledge in Teams pp. 181-195: Andrea Prat
JH, E.,Japanese Women Working, Routledge, London, 1955. 241 pp. +index, [UK pound]13.99 pp. 196-198: Mary Saso

"Dango" Experiments pp. 1-11: Tatsuyoshi Saijo, Masashi Une and Toru Yamaguchi
Direct Investment, Hysteresis, and Real Exchange Rate Volatility pp. 12-36: Nalin Kulatilaka and Bruce Kogut
Computational Analysis of the Economic Effects of an East Asian Preferential Trading Bloc pp. 37-70: Drusilla Brown, Alan Deardorff and Robert Stern
The Financing of Industry, 1970-1989: An International Comparison pp. 71-96: Jenny Corbett and Tim Jenkinson
Book Review pp. 97-100: Tom Roehl