Showing 51 - 60 of 165
characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … current crisis therapies. …
Persistent link: https://www.econbiz.de/10010312865
emergence of the cycle, this paper focuses on the macroeconomic policy responses during and after the crisis, when panic … policy response to financial crisis. …
Persistent link: https://www.econbiz.de/10010276623
recent US subprime market crisis. We explain the global asset market booms since the mid 1980s based on the overinvestment …
Persistent link: https://www.econbiz.de/10015239962
Japan hat nicht nur 15 Jahre vor Europa einen Boom-und-Krisen-Zyklus durchschritten, sondern auch wichtige Erfahrungen mit Krisentherapien in Form von monetärer Lockerung, expansiver Finanzpolitik und Rekapitalisierung von Finanzinstituten gemacht. Japan hat die Nullzinsgrenze bereits 1999...
Persistent link: https://www.econbiz.de/10010334514
for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal … permanently. Furthermore, we find no empirical evidence for the global savings glut and secular stagnation hypotheses. Instead …
Persistent link: https://www.econbiz.de/10012179753
The paper argues that persistent current account surpluses and increasing foreign currency-denominated asset positions constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate cuts and appreciation expectation shocks. For...
Persistent link: https://www.econbiz.de/10011480485
The European sovereign debt crisis revived the discussion concerning the pros and cons of exchange rate adjustment in …
Persistent link: https://www.econbiz.de/10010290764
The European sovereign debt crisis revived the discussion concerning the pros and cons of exchange rate adjustment in …
Persistent link: https://www.econbiz.de/10010877847
recent US subprime market crisis. We explain the global asset market booms since the mid 1980s based on the overinvestment …
Persistent link: https://www.econbiz.de/10005616943
emergence of the cycle, this paper focuses on the macroeconomic policy responses during and after the crisis, when panic … policy response to financial crisis. …
Persistent link: https://www.econbiz.de/10008549598