Showing 1 - 10 of 136
Japan's economic problems over the past decade and a half have triggered far reaching changes in the country …
Persistent link: https://www.econbiz.de/10005783932
This paper provides new evidence of consumers’ reaction to an anticipated sizable change in income. Until FY2002, Japanese public employees received predictable large bonus payments three times a fiscal year (in June, December, and March), but the March bonus was abolished in FY2003. We...
Persistent link: https://www.econbiz.de/10009393167
for Acute Myocardial Infarction (AMI) patients in Japan, where the average LOS (ALOS) is the longest among OECD countries …
Persistent link: https://www.econbiz.de/10010696124
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 …
Persistent link: https://www.econbiz.de/10010659183
This paper studies the role of the yen/dollar exchange rate in the Bank of Japan?s monetary policy reaction function …
Persistent link: https://www.econbiz.de/10009149246
During the 1990's the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar exchange rate. It comes to the conclusion that real...
Persistent link: https://www.econbiz.de/10009151464
for Japan and Croatia trace the asymmetric pattern of foreign exchange intervention in countries with developed and …
Persistent link: https://www.econbiz.de/10011604682
left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous …
Persistent link: https://www.econbiz.de/10011604696
between China and the United States from both an asset-market and a labor-market perspective, and compare this to Japan …
Persistent link: https://www.econbiz.de/10010263911
Few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan … policy after the shift of Japan from a fixed to a floating exchange rate regime. The econometric estimations allow for regime … soften the appreciation pressure by interest rate cuts have led Japan into the liquidity trap. …
Persistent link: https://www.econbiz.de/10010264171