-employee dataset to examine this decline from 1994 to 2007. We propose a different approach to analyze deindustrialization and generate …

during the period of Japan's bubble economy and subsequent stagnation. The yen experienced epic gyrations over that period … the price of oil. Since the mid-1990s, the yen's real exchange rate has generally followed a depreciating trend and Japan … fukyo, or recession induced by a strong yen, occurred in the late 1980s and the early 1990s at critical phases of the …

Market impacts of Japanese macroeconomic announcements within minutes on the dollar/yen foreign exchange are analyzed …-term business survey conducted by Bank of Japan), GDP, industrial production (preliminary), PPI, CPI (Tokyo area), the unemployment …

It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite … the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an … excessively small share of yen invoicing: First, a strong tendency of Japanese exporters to choose importer's currency in their …

Intraday movements in the yen/dollar rate are examined over the 1980-86 period using opening and closing quotes in the … and U.S. stock prices suggests that intraday yen/dollar rate movements do contain at least some relevant information …

Three surveys of exchange rate expectations allow us to measure directly the expected rates of return on yen versus … dollars. Expectations of yen appreciation against the dollar have been (1) consistently large, (2) variable, and (3) greater …-term horizons expectations exhibit bandwagon effects, while at longer-term horizons they show the reverse. A 10 percent yen …