Showing 1 - 10 of 129
monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … of the liquidity trap. In this context, monetary reform is discussed with respect to the exit from low interest rate and …
Persistent link: https://www.econbiz.de/10010334476
monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … of the liquidity trap. In this context, monetary reform is discussed with respect to the exit from low interest rate and …
Persistent link: https://www.econbiz.de/10009508892
benign neglect towards monetary policy reform in a world dominated by financial markets has led to a erosion of the … hysteresis of low interest rates and high government debt levels. In this context, monetary reform is discussed with respect to … the exit from low interest rates and high debt policies and a reform of the prevalent world monetary system. It is …
Persistent link: https://www.econbiz.de/10009769015
monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … of the liquidity trap. In this context, monetary reform is discussed with respect to the exit from low interest rate and …
Persistent link: https://www.econbiz.de/10013111361
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