Ree, Joo Kyung; Hong, Gee Hee; Choi, Seoeun - 2015
decline in the value of the Japanese Yen. What would be the implications for Japan and Korea’s exporters if the weak Yen is …Three years have passed since the Bank of Japan’s asset purchase program was introduced in 2011, causing a sharp … shocks. We find that if the weak Yen persists, it would strengthen Japan’s price competitiveness over time as export prices …