Rahman, Matiur; Balic, Mihajlo; Swindle, Charles B. - In: Global Business and Economics Review 7 (2005) 4, pp. 311-323
This paper analyses the role of relative GDP and broad money supply (M2) in the determination of the yen … VAR model reveal short run causal flows from Japan-US relative GDP and relative broad money supply to the yen … patterns. The effects of the relative broad money supply are counterintuitive during this turbulent period of the Japanese …