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 …

This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …

This paper examines external adjustment in the United States, Japan and Germany from the perspective of net foreign …

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 …

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 …

The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … creation in Japan's post-bubble period. With the price level being assumed to be dependent on both goods with free market …

friction between the US, on the one hand, and the Federal Republic of Germany and Japan, on the other. Against this background … on to point out, in terms of this general analysis, what the US is doing and what Germany and Japan would like it to do. …

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 …