is warranted. ; We then turn to the adjustment process. First, we present evidence that a narrowing of Japan's record … slower than would have been predicted by a simple econometric model, if Japanese trade. We then explore several possible … Japanese export prices than in the past, and the slow pass-through of terms-of-trade gains to consumer prices. Evidence is also …

This paper examines the available data that may shed light on the carry trade in Japanese yen. We define an individual … on bank loans and bond holdings by currency reveal a large apparent yen carry position of the Japanese official sector … and modest carry positions in the Japanese and foreign banking sectors. The Japanese private non-banking sector has a …

manufacturing affiliates of U.S. multinationals in Argentina, Brazil, and Mexico. The results of these tests show that the …

In this paper, we consider whether long-term inflation expectations have become better anchored in Brazil, Chile, and … first to examine the evidence from Brazil and Mexico, making use of the fact that markets for longterm government debt have …, consumer prices, or real activity variables. Finally, long-run inflation expectations in Brazil appear to have been less well …

In addition to dominating the list of the world's largest banks, Japanese banks currently account for about two …-fifths of measured international banking assets of all banks. Between year-end 1984 and year-end 1988 Japanese banks accounted … paper analyzes the U.S. and U.K. activities of Japanese banks. The paper integrates the activities of the Japanese banks in …

Among stock-market-listed Japanese firms in 1994-95, the financial health of the firm's main bank did not significantly … investment for all stock-market-listed Japanese firms and no difference between bank-dependent and non-bank-dependent firms. …

This paper examines the effects of the liberalization of the Japanese financial system in the past twenty years. The … changes are viewed in terms of their current and potential future impact on the Japanese banking industry. The purpose of this … deregulated environment toward which the Japanese regulatory authorities aspire. …