NIRA Research Output 1992 Vol.5 No.4 Saving, Investment, and Rate of Return in the U.S. and Japan,
and International Capital
CONTENTS Summary Report (PDF format)
1. Japan's Saving Rate: New Data and Reflections
Fumio Hayashi2. The Relation between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms
Fumio Hayashi
Tohru Inoue3. Ex-day Behavior of Japanese Stock Prices: New Insights from New Methodology
Fumio Hayashi
Ravi Jagannathan4. Are Japanese Stock Prices Too High?
Kenneth R. French
James M. Poterba5. The Cost of Capital in Japan: Recent Evidence and Further Results
Albert Ando
Alan J. Auerbach
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