Showing 11 - 20 of 129
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
China keeps its exchange rate tightly fixed to the dollar. Its productivity growth and trade surplus have been high … 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
The bursting of the Japanese bubble economy in the early 1990s put the stage for a lasting low-, zero-, and negative-interest rate environment, which fundamentally changed the business environment for the Japanese commercial banks. On the income side, with interest margins becoming increasingly...
Persistent link: https://www.econbiz.de/10014522518
This paper presents an analysis of the impact of the Bank of Japan's low-interest rate policy on the banking sector in … the Bank of Japan's monetary policy on banks' technical efficiency. The estimation results provide evidence that the …
Persistent link: https://www.econbiz.de/10014524627
Currencies of countries with persistent current account surpluses and high foreign currency denominated assets such as the Swiss franc and Japanese yen are under a persistent appreciation pressure, what restricts the degree of freedom in the choice of exchange rate regime. Official announcements...
Persistent link: https://www.econbiz.de/10011431166
Japan's industrial and trade policies are often seen as the reason for high Japanese balance of trade surpluses. Does …
Persistent link: https://www.econbiz.de/10011461645
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 both China and Japan – at different points of time – self-fulfilling runs …
Persistent link: https://www.econbiz.de/10011480485
Both Japan and parts of the European Monetary Union have experienced boom and bust in stock and real estate markets … public debt and monetary policy in the context of crisis. It is shown for Japan that the attempts to maintain regional … expansion. Econometric estimations show that in Japan regional redistribution of funds has ensured homogeneous living conditions …
Persistent link: https://www.econbiz.de/10011480491