This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special … emphasis on political economy aspects. Japan is confronted with the need to pursue fiscal discipline for fiscal consolidation …

whether liquidity conditions play an important role in stock market developments. As an innovation, liquidity conditions enter … flows, which represent the share of global liquidity that arrives in the respective country. A second aim is to understand …

, Greece, Russia, India, China, Japan, Brazil, and South Africa focus on the history, administrative structure, and … -- 5. Germany and the European Central Bank -- 6. Greece -- 7. The Russian Federation -- 8. India -- 9. China -- 10. Japan …

, Japan, UK and Europe. Using an event-study methodology, the authors find that the measures undertaken by the Federal Reserve … those undertaken by the Bank of Japan and the European Central Bank, which have relied more heavily on lending to private …, UK and Japan. The authors’ analysis finds that QE contributes to the reduction in unemployment in the US and Japan, and a …