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This paper develops a public education scheme that takes uncertainty aspects of private educational investments explicitly into account. In the author’s framework, the social merits of public education schemes are related to the lack of markets in which students can insure against educational...
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This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated …
Persistent link: https://www.econbiz.de/10011244552
materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … coming years with uncertain net effects—higher exports and capital outflows—in the short term. As long as Japan continues …
Persistent link: https://www.econbiz.de/10011244783
This Selected Issues paper examines implications for long-term bond yields in case of Japan. The analysis finds that so …
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Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the … Bank of Japan’s monetary framework is well suited to the post deflation environment and welcomed the improvement in …
Persistent link: https://www.econbiz.de/10014401190
This paper discusses Fiscal Year 2003 Annual Report for Japan Administered Account for Selected IMF Activities (JSA …
Persistent link: https://www.econbiz.de/10014401536