Showing 1 - 10 of 13
The paper analyses the reasons for Japan’s persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … prices and goods with prices controlled by the government we show that inflation in Japan has been kept low by mainly three …
Persistent link: https://www.econbiz.de/10014081262
The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … prices and goods with prices controlled by the government we show that inflation in Japan has been kept low by mainly three …
Persistent link: https://www.econbiz.de/10013353433
precedents and proposals have included austerity, haircuts and the generation of inflation. Each way has advantages and …, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …
Persistent link: https://www.econbiz.de/10013227606
precedents and proposals have included austerity, haircuts and the generation of inflation. Each way has advantages and …, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …
Persistent link: https://www.econbiz.de/10012582141
In this paper we compare the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth. From a Keynesian and neoclassical perspective low interest rates are attributed to ageing societies, which save more for the future (global savings glut). Low growth is...
Persistent link: https://www.econbiz.de/10012179753
(China, India, Russia, Brazil) on the other. …
Persistent link: https://www.econbiz.de/10010264483
. We calibrate such a model to China's trade with the rest of the world and explore two country tariff games using 2005 …
Persistent link: https://www.econbiz.de/10010264539
China's growth strategy as set out in the 11th 5-year plan in 2005 called for upgrading of product quality, the … with this policy, China has been involved in recent years with the development of a Chinese standard in third generation (3 … experience raises issues for China's future development strategy based on product and process upgrading in manufacturing. We …
Persistent link: https://www.econbiz.de/10010264550
low wage rapidly growing countries in the BRIC group (Brazil, Russia, India, China) and the groups of countries as a sub …
Persistent link: https://www.econbiz.de/10010266044
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil … rates suggest that China will become the dominant trade partner for Brazil surprisingly soon. …
Persistent link: https://www.econbiz.de/10010274919