Showing 1 - 10 of 66
Japanese monetary policy during the "lost" decade and quantify the effect of quantitative easing on Japan's activity and prices … recession and deflation but also to provide considerable stimulation to both output and prices. If Japanese experience is any …
Persistent link: https://www.econbiz.de/10008794832
We present a model of a dynamic and complex economy in which the creation and the destruction of money result from interactions between multiple and heterogeneous agents. In the baseline scenario, we observe the stabilization of the income distribution between wages and profits. We then alter...
Persistent link: https://www.econbiz.de/10009422112
This paper aims to provide an alternative framework to previous studies of deflation in Japan. We focus on the real …
Persistent link: https://www.econbiz.de/10010750586
This paper considers a two-period monetary double auction with incomplete markets of securities and derivatives. Players may share heterogenous beliefs. Short positions in derivatives are constrained by collateral requirements. A central Bank stands ready to lend money or engage in...
Persistent link: https://www.econbiz.de/10010635211
, fueling a financial bubble whose bursting leads to debt-deflation in the next period with a non-zero probability. This dilemma … Fisher's debt deflation theory as being distinct from Keynes' liquidity trap. …
Persistent link: https://www.econbiz.de/10011025794
This study reviews port cargo flow structure on hinterland/foreland (i.e. shippers' port use propensity) in Japan to … examine port policy. Port service areas are analysed by conducting fuzzy clustering for 47 prefectures in Japan. Container …
Persistent link: https://www.econbiz.de/10010820863
The objective of this paper is to illustrate that the change in shareholders' attitude towards firms (from stakeholder model to shareholder model) influences the accounting treatments of goodwill. Our study is based on four countries (Great Britain, the United States, Germany, and France) and...
Persistent link: https://www.econbiz.de/10009151311
comparative analysis on two steel plants, localised in France and in Japan. We will examine changes that have occurred in labour … and industrial relations and human resource development in two steel industry plants after the 1980s, in Japan and in … in Japan . It has been led both by Japanese and French researchers which used statistical databases on Japanese and …
Persistent link: https://www.econbiz.de/10008788841
countries : France, an industrialized country where the disparities between sexes are outstandingly small, and Japan, where they … are particularly large. It is also proposed to explore the reasons why the male/female wage gap is so large in Japan in … markets in Japan and France. When it comes to the gender wage gaps, it is necessary to take the general structure of wages and …
Persistent link: https://www.econbiz.de/10008790464
, indicates a strengthening credibility of the Bank of Japan and thus the effectiveness of its policy. …
Persistent link: https://www.econbiz.de/10008793953