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Looking into the rear-view mirror : lessons from Japan for the Eurozone and the U.S?

Siklos, Pierre L. - In: Asia and the global economy : AGE 1 (2021) 1, pp. 1-20

This paper reconsiders the narratives surrounding Japan's economic performance since the 1980s in relation to the experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking parallels. It is found that the poor reputation of the Bank...

Persistent link: https://www.econbiz.de/10012816140

Labour Market Responses to the COVID-19 Crisis in the United States and Europe

Policy Studies, Centre for European; Gros, Daniel; … - 2021

differences in hours worked overall are much smaller than for unemployment.Using data from US states and EU member states, an … pandemic as it played out between March and November 2020. In the EU, unemployment showed little variation. The Non …-Pharmaceutical Interventions (NPIs) used in different US states and EU countries, as can be demonstrated through a regression analysis, did not …

Persistent link: https://www.econbiz.de/10013231157

Monetary policy and macroeconomic factors : Japan versus the US and the euro area

Siklos, Pierre L. - In: Asia and the global economy : AGE 3 (2023) 2, pp. 1-8

Narratives that portray macroeconomic policies in Japan as unlike ones pursued in other large economies persist. I revisit how several factors, including monetary, fiscal, and demographic factors impact Japan, the US, and the euro area. Panel VARs driven by factors or observed macroeconomic...

Persistent link: https://www.econbiz.de/10014447638