regions in Japan. 803 SMEs answered this questionnaire. We asked 53 questions, including firm’s current business condition …

Japan experienced a boom-and-bust cycle in the real estate and stock markets almost 20 years earlier than Europe. Since … institutions. Japan reached a low interest rate environment in the mid 1990s and has accumulated an exceptionally high level of … public debt during more than two decades of economic stagnation. This paper compares the boom-and-bust cycles in Japan and …

than a flow of funds, public involvement in finance in the U.S. may be greater than in Japan. Concerning the privileged … government enterprise theory, it is true that Japan Post has privileges (e.g., the exemption of taxes as current expenses), but … Japan Post and the conditions of government enterprise for competition are almost equalized with the private sector, On the …

The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the …

Japan hat nicht nur 15 Jahre vor Europa einen Boom-und-Krisen-Zyklus durchschritten, sondern auch wichtige Erfahrungen … gemacht. Japan hat die Nullzinsgrenze bereits 1999 erreicht und eine Staatsverschuldung in Rekordhöhe angehäuft. Das Papier … vergleicht die Boom-und- Krisen-Zyklen in Japan und Europa hinsichtlich der Ursachen, des Krisenverlaufs, der Krisentherapien und …

In the fall of 1998, two important financial regulatory reform acts were passed in Japan. The first of these acts, the …

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