Japan; Selected Issues

This Selected Issues paper examines the factors behind the recent surge in capital flows in Japan. The paper presents econometric evidence on the influence of these capital flows on the medium-term dynamics of the yen. It finds that in the case of the yenâ€“dollar rate, nontrade factors affecting capital flows are likely to delay the adjustment of the yen-dollar rate to its long-term equilibrium value. The paper also draws on recent international experiences and trends to identify and review some of the key tax issues and options for meeting these challenges.

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Year of publication:	2007-08-06
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Aging \| Banking systems \| Capital flows \| Capital inflows \| Capital outflows \| Exchange rates \| Foreign direct investment \| Selected issues \| capital markets \| hedge funds \| global securities \| hedge \| bonds \| financial assets \| financial institutions \| stock exchanges \| domestic capital markets \| government bonds \| domestic capital \| stock exchange \| financial markets \| subsidiaries \| international capital markets \| financial deregulation \| currency risk \| capital outflow \| debt securities \| border capital flows \| international capital \| stock market \| capital market \| foreign securities \| financial futures \| capital inflow \| macro hedge \| private equity funds \| private bonds \| global macro hedge funds \| domestic financial markets \| sovereign bonds \| mature markets \| financial innovation \| money markets \| equity funds \| private equity \| macro hedge funds \| financial services \| international standards \| stock trades \| private investors \| capital market regulations \| management techniques \| financial sector \| money market instruments \| index funds \| liquid markets \| bond market \| money market \| public sector bonds \| bond \| equity investment \| financial system

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 07/281 9 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242806