Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
This working paper uses a variety of empirical methods to examine the apparent differences in monetary policy stances as between the United States and other G7 economies.
This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro Area and the United Kingdom, by extending monetary condition indices which are traditionally used to gauge the impact of monetary policy on the economy.
Statistics Working Paper N. 25 - 2008/3/REV1 - This paper provides new estimates of international trade in services for mode 3 (foreign affiliates' sales in a host country) for four major OECD countries, thanks to the harmonisation of FATS statistics with conventional international trade ones (trade recorded in the balances of payments - modes 1 and 2), using the CEPII's exhaustive CHELEM-BAL database. The results show that sales by
OECD Trade Policy Working Paper No. 51. This paper presents improved approaches to measurement of services barriers by using alternative weighting methods and improved econometric specifications.
Japan’s SME policies have reached a turning point and have changed into a more pro-competitive policy to foster entrepreneurship and innovation in SMEs. This paper evaluates this policy and new innovation promotion schemes through an examination of plant-level micro data.
Investment in information technologies has by no means been confined to the United States and yet, average European or Japanese growth experience has been quite different.
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Using overlapping generations (OLG) models calibrated on 7 OECD countries - the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden - the authors investigate the macroeconomic impact of possible pension reform strategies as populations age.
The paper shows the results of a pilot study for six industrial sectors in seven OECD Member countries (Canada, Japan, Norway, Spain, Sweden, Switzerland and the United States) whereby short-term qualitative indicators are used to "nowcast" a quantitative indicator, the production index.