We study the post-war evidence for Japan to see if the same specification for both the economy and the monetary policy … rule is useful for understanding Japan's economy and monetary policy. A recurrent theme in the literature on Japanese … that, with minor adjustments, the same specification provides a useful framework for understanding monetary policy in Japan …

using data from both the United States and Japan. In both markets exposure to this factor is priced, and in the Japanese … in Japan display some evidence of negative correlation to domestic and foreign equity funds, suggesting that there is a … foreign vs. domestic sentiment factor in Japan that does not appear in the contemporaneous U.S. data. By contrast, U.S. mutual …