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This paper discusses recent empirical research on the interplay between fiscal policies and external imbalances in the G3 countries, focusing on the stock-flow dynamics of public and foreign deficits and debt accumulation
Persistent link: https://www.econbiz.de/10014395805
This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …
Persistent link: https://www.econbiz.de/10014396281
This paper examines external adjustment in the United States, Japan and Germany from the perspective of net foreign …
Persistent link: https://www.econbiz.de/10014396316
The author constructs a measure of foreign activity that takes into account the composition of foreign demand for Canadian exports. It has a number of interesting features. First, the foreign activity measure captures both the composition of demand in the United States (by including components...
Persistent link: https://www.econbiz.de/10009534115
Policy discussions in Japan have increasingly recognized the important role of land values and land-use patterns in … Japanese macroeconomic adjustment. In Japan in recent years, land wealth constitutes more than half of financial wealth, a …
Persistent link: https://www.econbiz.de/10012476454
structure as contributing factors. This paper contends that the economic structure and policies of Japan have also done much to … contribute to the trade imbalance. Institutional features of Japan's macroeconomy and industrial structure which have promoted … by Japan in causing the bilateral trade imbalance, the next question the paper addresses is how Japan might best act to …
Persistent link: https://www.econbiz.de/10012476958
This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …
Persistent link: https://www.econbiz.de/10012781377
This paper examines external adjustment in the United States, Japan and Germany from the perspective of net foreign …
Persistent link: https://www.econbiz.de/10012781742
The paper summarizes how Japan`s foreign exchange and trade control system operated in the early 1950s, how and how …
Persistent link: https://www.econbiz.de/10012782194
The composition of Japan's current account balance has changed over time, with an increasing income balance primarily … reflecting a growing net foreign asset position and higher corporate saving. A comparison of Japan's income balance with peer … countries highlights: (i) relatively high yields on FDI assets, and (ii) very low FDI liabilities in Japan. Panel estimation is …
Persistent link: https://www.econbiz.de/10012517939