Jeon, Bang Nam; Ji, Philip; Zhang, Hongfang - Volkswirtschaftliche Fakultät, … - 2012
Japanese bond market has increased further, while its leading role in global bond markets has been eroded significantly. … rate-adjusted bond yields over the 25-year period, this paper provides consistent empirical evidence that the Japanese bond … market is independent of other major national bond markets, but it exerts some influence in determining bond yields in bond …