Narratives that portray macroeconomic policies in Japan as unlike ones pursued in other large economies persist. I … revisit how several factors, including monetary, fiscal, and demographic factors impact Japan, the US, and the euro area … response does differ across the economies examined. Japan may not be like other systemically important economies in all …

touch upon the implications for Asia and Japan, from the point of view of the choice of exchange rate regime as a method to …

There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and …, Japan and the euro area appear quite distinct. Documenting and comparing such international business-cycle features can aid …