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Persistent link: https://www.econbiz.de/10010251882
This paper discusses adjustments of capital account restrictions and exchange rate regimes in East Asia. Monetary authorities have two options for these adjustments: gradual adjustments or rapid adjustments. We analyze the costs and benefits for both adjustment options in each area, i.e.,...
Persistent link: https://www.econbiz.de/10010498553
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Rapidly rising local government debt in Japan presents a nontrivial addition to the central government debt. The …
Persistent link: https://www.econbiz.de/10010296985
"Abenomics" refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan … experienced Japan's rapid growth of retired people. In this paper we will explain these three aspects of Abenomics and the current … state of the Japanese economy, and examine what further remedies may be required if Japan is to recover from its long …
Persistent link: https://www.econbiz.de/10011310989
comparable information on financial literacy is still scarce. Recently, the Bank of Japan conducted a major survey of financial …
Persistent link: https://www.econbiz.de/10011944180
In April 2013, the Bank of Japan (BOJ) introduced an inflation target of 2% with the aim of overcoming deflation and … reduce its 2% inflation target in the present low oil price era. Secondly, it argues that Japan cannot make a sustainable … interest rates are set too low. Japan's long-term recession is due to structural problems that cannot be solved by its current …
Persistent link: https://www.econbiz.de/10011688675
Since 1998, sales channels for investment trusts have expanded in Japan. We expected this to result in greater demand … Japanese markets. Investment trusts are the vehicle for seizing world economic trends. However, the performance of Japan …
Persistent link: https://www.econbiz.de/10011688681
The Fukushima Daiichi nuclear disaster was an accident at the Fukushima I Nuclear Power Plant in Fukushima, Japan …-long nuclear shutdown in the country. During the shutdown, Japan substituted fossil fuels for nuclear power and became more … elasticity of oil consumption to crude oil price before and after the Fukushima disaster in Japan's various economic sectors. To …
Persistent link: https://www.econbiz.de/10011688682