Showing 1 - 10 of 211
Structural reforms in the liquidity trap need not be deflationary. This paper develops a simple framework to study the … role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance … reforms may contribute to Japan's short-run goal of reflating the economy. It finds that boosting inflation with structural …
Persistent link: https://www.econbiz.de/10012996094
in advanced economies are key cyclical determinants of liquidity in Chilean equities. Evidence from a cross-section of …
Persistent link: https://www.econbiz.de/10012977357
This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of...
Persistent link: https://www.econbiz.de/10012395966
Stock-flow adjustments are typically measured as the difference between changes in gross debt and deficits. These are interpreted as a proxy for unexplained fiscal discrepancies, and often associated with a lack of fiscal transparency. However, such measures fail to capture the role of financial...
Persistent link: https://www.econbiz.de/10013027657
Experience under the safeguards policy has shown that central banks continued to strengthen their safeguards frameworks, but that vulnerabilities prevailed in the areas of internal audit and oversight by the audit committee (AC). This paper takes steps to help unravel why this was the case,...
Persistent link: https://www.econbiz.de/10012913900
Persistent link: https://www.econbiz.de/10012698669
This volume focuses on current issues of debate in the area of modern macroeconomics and money, written from (a broadly interpreted) post Keynesian perspective. The papers connect with Philip Arestis' contributions to macroeconomics and money, and pay tribute to his distinguished career
Persistent link: https://www.econbiz.de/10012053869
This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation
Persistent link: https://www.econbiz.de/10012054228
particularly concerning in Japan, where the success of Abenomics depends on a transition from stimulus-driven to self …
Persistent link: https://www.econbiz.de/10013028683
Japan's high corporate savings might be holding back growth. We focus on the causes and consequences of the current … corporate behavior and suggest options for reform. In particular, Japan's weak corporate governance - as measured by available … comprehensive corporate governance reform should be a key component of Japan's growth strategy …
Persistent link: https://www.econbiz.de/10013048363