This paper studies the role of the yen/dollar exchange rate in the Bank of Japan's monetary policy reaction function …

Few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan … policy after the shift of Japan from a fixed to a floating exchange rate regime. The econometric estimations allow for regime … soften the appreciation pressure by interest rate cuts have led Japan into the liquidity trap …

The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … creation in Japan's post-bubble period. With the price level being assumed to be dependent on both goods with free market …

Japan still suffers a deflationary hangover from the great episodic yen appreciations of the 1980s into the mid-1990s …. Money wages are still declining, and short-term interest rates remain trapped near zero. After Japan’s “lost decade” from … Europe and the United States have grown, and are growing, faster than in Japan. As the yen becomes weaker in real terms …

The paper analyses the reasons for Japan’s persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … creation in Japan’s post-bubble period. With the price level being assumed to be dependent on both goods with free market …

die Rückkehr zu symmetrischen Regeln in der Geld- und Finanzpolitik gefordert. -- Regeln ; Geldpolitik ; Finanzpolitik …