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Stock price targeting and fiscal deficit in Japan: Why did the fiscal deficit increase during Japan’s lost decades?

Fukuda, Shin-ichi; Yamada, Junji - In: Journal of the Japanese and International Economies 25 (2011) 4, pp. 447-464

The purpose of this paper is to explain why Japan’s fiscal deficit increased so dramatically in the 1990s and the 2000s. We focus on the role of “stock price targeting” to explain why the fiscal expenditure increased so much. After presenting a simple model to describe government behavior...

Persistent link: https://www.econbiz.de/10011049603

International Finance

Fukuda, Shin-ichi; Hoshi, Takeo; Ito, Takatoshi; Rose, … - In: Journal of the Japanese and International Economies 20 (2006) 4, pp. 455-458

Persistent link: https://www.econbiz.de/10005363435

On the determinants of exporters' currency pricing: History vs. expectations

Fukuda, Shin-ichi; Ono, Masanori - In: Journal of the Japanese and International Economies 20 (2006) 4, pp. 548-568

Persistent link: https://www.econbiz.de/10005377362

International Price Linkage within a Region: The Case of East Asia,

Fukuda, Shin-ichi; Kano, Takashi - In: Journal of the Japanese and International Economies 11 (1997) 4, pp. 643-666

Persistent link: https://www.econbiz.de/10005377383

Inflation and price-wage dispersions in Japan

Fukuda, Shin-Ichi; Teruyama, Hiroshi; Toda, Hiro Y. - In: Journal of the Japanese and International Economies 5 (1991) 2, pp. 160-188

Persistent link: https://www.econbiz.de/10005377510