This study investigates the temporal variation in the safe haven status of the Japanese yen, Swiss franc, and U.S. dollar. Investors prefer to purchase a safe haven currency (SHC) in times of high exchange rate volatility, parametrized herein with time-variant degrees of risk aversion. Until the...

Chapter 1: Japanese Households Choice of Payment Methods Policy Issues in Promoting Cashless Payments -- Chapter 2: Credit Economy and Payment Systems Can New Electronic Currencies Replace -- Chapter 3: The Transformation of the Japanese Banking Industry -- Chapter 4: The Role of Regional...