should be common or that a policy close to the Friedman rule and thus some deflation is optimal. Finally, a formal ``baby …

Relationship betwen the change in the hierarchy size in any industrial management and the phenopmenon of deflation is …

that explains various types of inflation, e.g. hyperinflation, chronic inflation, disinflation and deflation, by this …

disaster in the long run because they would follow an increasingly rent-seeking path that is wasteful as in Japan (e … deflation phenomenon because a chronic trade surplus means that national savings is larger than domestic investments, the result …-oriented sectors. The long-run solution to eradicating the deflation bias and the tendency toward current account surplus lies in …

The tax office wins most cases in Japan. We think about why this might be. We find that although judges who rule in …

Conviction rates in Japan exceed 99 percent -- why? On the one hand, because Japanese prosecutors are badly …

This paper examines the exchange rate pass-through to yen based manufactured import prices of Japan using asymmetric … shown that the recession in Japan in the 1990s has significantly affected the exchange rate passthrough relationship …