Showing 1 - 10 of 125
This paper studies the role of the yen/dollar exchange rate in the Bank of Japan?s monetary policy reaction function …
Persistent link: https://www.econbiz.de/10010296337
The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the appreciation of the Japanese yen forced the Japanese...
Persistent link: https://www.econbiz.de/10010305044
During the 1990's the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar exchange rate. It comes to the conclusion that real...
Persistent link: https://www.econbiz.de/10010305081
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 …
Persistent link: https://www.econbiz.de/10010334514
for Japan and Croatia trace the asymmetric pattern of foreign exchange intervention in countries with developed and …
Persistent link: https://www.econbiz.de/10011604682
left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous …
Persistent link: https://www.econbiz.de/10011604696
The paper analyses the impact of Japanese monetary policy crisis management on the Japanese banking sector since the 1998 Japanese financial crisis. It shows how low-cost liquidity provision as a means to stabilize banks has created a growing gap between deposits above lending and has compressed...
Persistent link: https://www.econbiz.de/10011657161
between China and the United States from both an asset-market and a labor-market perspective, and compare this to Japan …
Persistent link: https://www.econbiz.de/10010263911
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. …
Persistent link: https://www.econbiz.de/10010264171
Persistent link: https://www.econbiz.de/10010270913