Showing 71 - 80 of 175
Is the recovery from the global financial crisis now secured? A strikingly similar crisis that stalled Japan''s growth … current global outlook and policies. Japan''s experiences suggest four broad lessons. First, green shoots do not guarantee a …
Persistent link: https://www.econbiz.de/10014402213
This paper uses the IMF''s Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of two-year stimulus range from 0.2 to 2.2 depending on the fiscal instrument, the extent of monetary...
Persistent link: https://www.econbiz.de/10014402228
near the zero bound by studying the experience of Japan during the ""Lost Decade"" which followed the asset-price bubble … collapse in the early 1990s. Estimation results based on a structural model suggest that the Bank of Japan''s interest …
Persistent link: https://www.econbiz.de/10014402365
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …
Persistent link: https://www.econbiz.de/10014402377
Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries …. This paper suggests that Japan''s dualities between regular and ""nonregular"" labor market contracts and the relatively … protection and benefits between regular and nonregular workers could help put Japan''s wages on an upward trajectory in the …
Persistent link: https://www.econbiz.de/10014402501
several insights about the way to manage such a transition and the downsides to avoid. In particular Japan offers useful … by Japan …
Persistent link: https://www.econbiz.de/10014402646
This paper examines the benefits from hedging the currency exposure of international investments in single- and multi-country equity and bond portfolios from the perspectives of German, Japanese, British and American investors. Over the period 1975 to 2009, hedging of currency risk substantially...
Persistent link: https://www.econbiz.de/10014402714
How effective was public investment in stimulating the Japanese economy during the economic stagnation of the 1990s? Using a dataset of regional public investment spending, we find that investment multipliers were higher than for public consumption, although they were relatively low and...
Persistent link: https://www.econbiz.de/10014402911
Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging population. This paper …
Persistent link: https://www.econbiz.de/10014403091
crisis, Japan attempted just such an exit. This note revisits the Bank of Japan’s experience and draws potential lessons for … nature of the assets acquired during the present crisis could pose additional complications, parts of Japan’s arsenal …
Persistent link: https://www.econbiz.de/10014403160