triggered wandering overinvestment cycles in Japan, Southeast Asia and China. Similarly, it is shown how a one-size monetary …

task - the coordination of the non-exit is more likely than the coordination of the exit. -- Geldpolitik ; Fiskalpolitik …

surplus liquidity absorption within an asymmetric EMU. It is argued that starting from the turn of the millennium diverging … brought Deutsche Bundesbank into a debtor position to the domestic financial system, we discuss options for liquidity …

die Rückkehr zu symmetrischen Regeln in der Geld- und Finanzpolitik gefordert. -- Regeln ; Geldpolitik ; Finanzpolitik …

This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … from the Japan Panel Survey of Consumers it is shown that monetary expansion has contributed to a widening gap in … it. The paper documents how inequality in terms of the ability to build up wealth has increased in Japan over the past …

This paper analyzes the impact of conventional and unconventional monetary policy on income inequality in Japan, using … hitherto unexplored data from the Japan Household Panel Survey. Empirical evidence shows that expansionary monetary policy in … Japan has contributed to diminishing the gender pay gap, but also to increasing the education pay gap. These effects may …