regressions for Japan and the United States. Our regression results show that, both in Japan and the U.S., real estate prices in a … a greater impact on real estate prices in Japan than in the U.S. Based on the regression result for Japan and the …

Japan experienced a boom-and-bust cycle in the real estate and stock markets almost 20 years earlier than Europe. Since … institutions. Japan reached a low interest rate environment in the mid 1990s and has accumulated an exceptionally high level of … public debt during more than two decades of economic stagnation. This paper compares the boom-and-bust cycles in Japan and …

The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the …

Japan hat nicht nur 15 Jahre vor Europa einen Boom-und-Krisen-Zyklus durchschritten, sondern auch wichtige Erfahrungen … gemacht. Japan hat die Nullzinsgrenze bereits 1999 erreicht und eine Staatsverschuldung in Rekordhöhe angehäuft. Das Papier … vergleicht die Boom-und- Krisen-Zyklen in Japan und Europa hinsichtlich der Ursachen, des Krisenverlaufs, der Krisentherapien und …

This paper studies the role of the yen/dollar exchange rate in the Bank of Japan?s monetary policy reaction function …

for Japan and Croatia trace the asymmetric pattern of foreign exchange intervention in countries with developed and …

left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous …